also notice the entire half day Vol. was 6.2m----Could be only One Buyer doing all the buying on
Thursday

The volume done on last minute buying is too Large to ignore-----3,774,800shares*3.20=RM12mil
( usually remisiers pop-up share to avoid Margin-Call is around 1000 shares )

Most likely a foreign buyer----US$ 3mil ( RM12m )----Just peanut to them. AA becomes attractive
at RM3.0

Mon. after 5:00pm (1Q18 result out), we will know whether 8mil cashed-out is insider trading Or margin Call

I can understand why Mahathir wants old-time friend like Merican to helm Petronas. If i am not
wrong, almost all Petronas free Cash will be Transfer to finance Minister to pay National Debts for
the next 2 years considering PH cannot secure New foreign Loan.

Petronas coffer will be empty

all petronas contracts "now" are open tender-----said PH....Unless it is of National Interest------
Sap is a International Co. (not local boys)

99% "talking here" are 10 days punters-----so the 1Q18 results is most important

yesterday Vol. too big-----Looks like big fishes had unloaded-----waiting for 1Q18 after 5:00pm next Mon or Tuesday------Gas discovery got No impact on Sap bottom line for now or next 2 years bcoz
it really depends on Petronas plan. You need pipings to connect "discovered Gas" to Liquidfied
Platform and storage tank ( by Vessel or Bintulu Sarawak )

I don't think 1Q18 results will be out today or Thursday.

Since Agm is on Monday, 18/6 at 10:00, it is natural to announce ALL good News on Mon (11/6)
(discover Gas) or Tue(12/6)-------Today almost all Big fishes already Balik Kampung (yesterday
volume is just too Big to be Normal for Holiday Mood )

My understanding on why Malaysia internet connection is much slower than Korea is----Unifi needs to replace All its Optical Fibre for higher Band-width fibre.....Locally produce Optical fibre is "sub-standard" bcoz (initially )TmNet wants "cheap-cheap" fibre to Cut cost (maximise coverage at minimum cost)------Now we got problem-----bottleneck everywhere ( you paid peanuts, you got monkey )

wed...only 30% big fish from epf,pnb,kwap are around

Raya mood -----sellers too many.

major Biz flaw in Jaks construction project is to take up Suke Highway (766millions)-----Najib got
no money to pay for the project in 2016---what about now? I have raise this issue many times.
Delay 2 years, now completion is 5 years(talk only)-----I know this project dearly bcoz this project had taken land and 3 properties from me.

Today most of the buying comes from TA Brokerage house. Hope it will continue tomolo

this "rights to issue" clause was included in last AGM17----a stop gap measure (temporary/emergency measure to raise "small amount" funds without EGM been called )

Yes---- 600m shares( or rm380million) is a small amount to Sap considering it requires 1.80B a years just to cover Fixed Cost.

But still you have to package this 600m in such way that people are willing to Buy-------wait
for further announcement

AGM announcement----special Business #5 ( jasontan )

Iron...In order for Right Issu to be successful, Big fish like Pnb, Kwap, Tabung Haji & Epf are offer
1st the amount they are willing take up.......The timing bet RI and Epf selloff indicate Epf is Not
interested.....However It is Not Sap that Epf has completely unloaded there are also another 2--3
BN related Counters. My believe is, Epf is relocating funds to support FGV......

Bersatu controls Johor bcoz of Felda supports.....Maybe this is a direct order from Mahathir
Also rumour said PNB, EPF and Bursa CEO heads will Roll ( ceo quickly do something to save
their head )

To make RM20m Net profit.......Sap's operating Profit must RM 480--470 million---it is a Tall Order
given falling Revenue...

Hope for a miracle----wait for 1Q2018 result (you never know----Sap is punter paradise )

Epf never dumped 300m shares at one go. Epf knew there is a cash-call ahead of us. Actually, most analyst already knew this is coming, they are Bankers , why alarmed the public( even me--a nobody has been warning cash-call)

Coming quarter( Latuk Gong's prediction) is either 100m positive Or 200m negative......Very Good
basketball counter if you are punter ( yes, i am ready---new mercedes plus 4 tyres ready )

Put some money into Umwog( long term) is better----already management is predicting 100%
Rigs( all 7 rigs) utilisation in 3 & 4 Quarter 2018 (clean Balance sheet and strong cash glow )

Dnex was dethroned by Iwcity(con-stock) and never recovered since then.....This round see more potent Biz proposal gathering steam----break 50c---all Punters's Tp immediately changed

now Roger123 can apply for the chairman job

anyway i have mentioned many times----wait for 1Q18 results.....

AGM agenda already SET.....wait-lah for EGM.....Babak perintah, you out, my son In

AGM on 18 July........ If 1Q18 results is Good, most likely out before 18/7......Bcoz during AGM, investors are required to Vote 300m New Shares, kind of Right Issue.

If 1Q18 results are just "so-so", better deferred next day or after 5:00pm 18/7 to avoid to many
questions during AGM

Anyway if possible, I vote Shahril OUT and Mokhzani IN

Velesto Cash position---it is strong ( Sapnrg is going to have Cash called on 18 June 2018---already predicted from Balance Sheet but i Doubt it is enough---)

Big fish had redistributed the 300m from EPF to Ikan Bilis by now (falling Vol. )

EPF knew the Cash Call ahead of us----quickly unloaded 300m----now sitting quietly to Bottom
fish later----only ikan bilis get caught

Looks like Dnex is also competing with IFCA (accounting packages) with the acquisition of Genaxis and Innovation

54m today is nothing compare to 300--400million done at sapnrg

Today Volume is highest since Jan 2018, most sellers from yesterday Volume are absorbed today.
Just maintaining today Volume will pushed dnex to 0.50 tomolo (fingers crossed )

If India police issued a second summon, Tony can seek Jamal's advise on how to hide in a palm Oil plantation to avoid "warrant of arrest"

last round...dnex jumps from 0.28 to 0.70

so 3month------aiming RM1.0

Resistance Broken-----aiming 50c

tomolo another 290M ---T+4 ( if contra players should wait until Thurs Or Fri ) I just wait for 1Q

still there are 350m+ (excluding 300m) due today T+4

Sap got no choice. New share is the easy out. No more cash on Dec 2018. I seriously doubt Sap
can sell/list E&P divison, most of the prime assets already used as bank collateral (18B)

i have more than 2 theory why EPF completely Unloaded but one seems more likely---relocation
of fund to support FGV.....actually fgv was racing to 2.0 but suddenly cut short by 1Q2018 results.
(very bad results due palm oil price) However price cannot fall and was supported

I have a theory posted on 4 June 2018 (11:02) on who bought!!

If my theory is correct, most of the buyers are remisiers and Big Fishes-----strong holding power..
But i don't know whether ikan bilis will sell tomolo Or not.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5789773

I think i found who is Seller of 300m-----EPF

Hahahaha

suddenly a makcik from Sirim said "mana saya tahu source code computing"-----just kidding

Shark maybe

-----2 weeks from 1Q2018 results-----see whether revenue grows or not-----if stagnant then 100m loss------Can tweet abit with "Goodwill account Or "other income account" but nowadays ikan Bilis
is smarter than CEO

With so many jack-Up Rigs in Cold-stack (world wide)----i wonder whether Velesto can rent them
if Velesto win contract in Arab Region which they are bidding

Sorry, it should be Rm83million profit for 100% Rig utilisation.....So 3Q2018 and 4Q2018= Rm166m

Sap wins NOC job....I think bidding lower than China Offshore means Sap has to keep its assets
moving (too many idle asset resulting 2.1B impairment loss) However with so thin margins, profit
contribution will be sparse---just to keep afloat for time being....

buying cheap and selling cheaper is Not Japan Cup of Tea

June 6, tomolo, Is Tony going to India tomolo??

only 2 weeks to 1Q2018------if really want to punt....Rm10 magnum on New AG license plate #

38millions new shares float, actually less than 8miilion (may sell).....60% goes to KDEB, TBH + a
few Big fish I know....Total locked up is 75% or more.....so 25% of 38m is only 9.5million by theory
may Sell