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2016-09-07 01:30 | Report Abuse
Read the financial statements n follow the company announcements.
2016-09-06 20:07 | Report Abuse
Totally undervalued company with huge potential and healthy cash balance
2016-07-18 08:33 | Report Abuse
*$200 million ready to buy Into Penny Stocks* !
KUALA LUMPUR:18-7-2016
Groups of local sophisticated investors, comprising high-net-worth individuals, *have pooled funds amounting to RM200 million to actively buy into Bursa Malaysia-listed penny stocks* - defined as those priced at less than RM1 — in the next few months, which marks the beginning of open season for penny stocks, according to sources with local investment banks.
Of the exclusive investment clubs being formed, one of them is eyeing 20 penny stocks and so far has identified at least three potential target companies, according to The Edge Malaysia's cover story for the week of July 18 2016, entitled 'Riding the penny stock roller coaster' by Liew Jia Teng.
“They are approaching a few investment banks to help them hunt for penny stocks that are valued at below 50 sen per share, preferably loss-making and debt-laden companies in the services and manufacturing sectors. Basically, they will come in as white knights with restructuring and turnaround plans,” a source told the weekly.
The development is not unheard of as the period from June to August is usually the most popular season for the trading of penny stocks because it is easier to create excitement when the market is running low on ideas, another source highlighted.
*“It’s not something unusual because it thappens almost every year, but I would say that the situation is getting more severe this year*. There are always concerns that the so-called ‘white knight’ investors may pull out their investments after the share prices move up, leaving some clueless retail investors in limbo,” he warned.
The high-velocity penny stock world has also always been a playground for traders and speculators, who seek to make quick and easy money in a short period of time.
But for retail investors, the highly speculative nature in penny stocks trading is like playing musical chairs — fun and exciting when you're winning, but you don't want to be left holding the shares when the rally stops.
Areca Capital Sdn Bhd CEO Danny Wong Teck Meng cautioned that while the backgrounds of the white knights do carry a certain weight, it is more important to keep track of the execution of their turnaround plans, and advised retail investors not to be overly excited about the turnaround game plan before it is carried out.
But among those who are seeing a positive turnaround is Borneo Oil Bhd, after Tan Sri Lau Cho Kun emerged as a substantial shareholder in the company in October 2014, cited Wong. Cho Kun is the nephew of the late Tan Sri Lau Gek Poh, who founded the Hap Seng Group.
But a white knight does not guarantee a happy ending, as evidenced in the numerous cases of ambitious plans — be it corporate turnarounds, restructuring exercises or business diversification projects .
2016-07-07 07:44 | Report Abuse
Hey guys. I m back. I will b buying. So sellers please sell ur big blocks of shares to me. I m cash up n ready to go.
2016-06-15 18:31 | Report Abuse
What happened to be greedy when people are fearful and fearful when people are greedy. Just follow the Kama and Tony way.
2016-06-14 17:02 | Report Abuse
Kama is an entrepreneur and not a trader. He sees great value enhancements when other speculators trade share prices.
He is definitely in accumulation mode now.
2016-06-14 12:00 | Report Abuse
how is it rubbish trademaan? Please explain
2016-06-14 09:22 | Report Abuse
That's how they got rich anyway. Its called smart money.
2016-06-14 08:34 | Report Abuse
U guys that say he bought 1.33m are foolish They guys owns more than 300m warrants of which he will convert
2016-06-14 08:31 | Report Abuse
Kama is so convince that the share price will be above 72 cents he bought 5m shares to show the world. I will follow u bro
2016-06-13 18:47 | Report Abuse
bro Kama acquired 5 million warrants at 0.267. He is more confident than us.
2016-06-12 13:54 | Report Abuse
BS. Only Tony knows. They made profits.
2016-06-10 09:37 | Report Abuse
Tony is trying to see who the real stayers are in the game. He is holding us back from ejaculating.
2016-06-08 10:39 | Report Abuse
Bro it's not what we think. It's what fund managers think. Like EPF which is a substantial shareholder. I think u will only see stronger buying interest when the price reach 55 cents. That's when Investor believe it has become a reality. No is accumulation phase
2016-06-08 08:17 | Report Abuse
The share price of AAX is determined by Tony and team. I have never seen them so focus on the airline business. Back to their baby
2016-06-05 14:08 | Report Abuse
Having dreams jiahao is good. Wake up to reality.
2016-06-01 07:38 | Report Abuse
This time is its just going to fly. Those who are selling are effectively letting Tony n gang buy at cheaper price. I have never seen them so gang ho about their future plans. Be positive.
2016-05-30 20:43 | Report Abuse
Wrong bro. From 1.25 to 25 cents. IPO investors still bakar kaw kaw
2016-05-08 11:30 | Report Abuse
When you marry the right woman, you are complete. And when you marry the wrong woman, you are finished. And when the right one catches you with the wrong one, you are completely finished! -
2016-05-08 11:30 | Report Abuse
MPay shares is complete.
When you marry the right woman, you are complete. And when you marry the wrong woman, you are finished. And when the right one catches you with the wrong one, you are completely finished! -
2016-03-30 07:21 | Report Abuse
Ringgit strengthen overnight and oil prices fell. Will this benefit AAX? I know it should. Open to opinions
2016-03-29 07:33 | Report Abuse
Such unproductive arguments. Why? Tony dictates n this is his year
2016-03-28 16:40 | Report Abuse
He has the financial muscle to do it and the money is coming from China
2016-03-28 16:38 | Report Abuse
Tony is going to privatise AAX. Just watch
2016-03-28 07:34 | Report Abuse
Tony dictates. Enough said. All this chatter results in unnecessary speculation. This is his year n he will do whatever necessary to build investor confidence.
2016-03-26 12:10 | Report Abuse
Tengku Zafrul and Tony are buddies so it won't be a surprise if they are working in concert.
2016-03-26 12:08 | Report Abuse
The main operator for AAX is Tony. If he wants the share price to hit 50 cents he can do it. He has enough support from CIMB and KIB to move it. At the moment all this is just fluff
2016-03-25 14:45 | Report Abuse
Don't listen to CIMB cause they dont run AAX. Tony does and he will lead the company out of this BS CIMB analysis. Look at CIMB's call on Vivocom. Embarrasing.
2016-03-25 13:00 | Report Abuse
Tony dictates. He buys when there is fear. This is his year and KIB is his banker
2016-03-23 19:52 | Report Abuse
KHH secures Sinopec contract. Read all about it on Bursa announcement
2016-03-22 10:15 | Report Abuse
Tony controls the share price. He is the banker you are the player. When you lose money its because he pushes you out.
2016-03-21 21:34 | Report Abuse
Tony controls all. He is pushing u guys out
Stock: [MPAY]: MANAGEPAY SYSTEMS BERHAD
2017-08-29 16:49 | Report Abuse
Yes management could be more aggressive in their marketing. I have CONFIDENCE that they know this.