Wait what for? Go buy Rubber

The Board of Directors wishes to announce that Orion had on 22 May 2020 entered into the MOU to commence exclusive discussions with Enrich in relation to a proposed collaboration to jointly (i) explore mining targets and develop mining operation at Gossan Hill area, District of Jeli, Kelantan and (ii) manage the Senor Alluvia Gold Mining operations at District of Jeli, Kelantan.



The details of the announcement are set out in the attachment.



This announcement is dated 22 May 2020.

Easily more than 10 sen Wednesday

How can up lah... co no profit at all

Based on no business model, do not know how to increase

Too many hiccups but no leadership

At last breach 1m volume

Do not confuse people. Economy does not work in that manner . Palm oil is daily , opex consumption and not Capex , whatt laaa

MyAngkasa Az Zahra (Orion IXL) takes win at the Malaysia Technology Excellence Awards last month

Tipu

Tipu lagi

Logic

I saw a projection, but I just saw projection without substance

Hi Hunger4money, how do you know that ???

He he he, story

July august september no real income

Let see what directors are going to say

Tomorrow AGM

nalysisofperformance
The Group recorded a total turnover of approximately RM0.90 million for the current financial quarter, this represents a reduction of approximately 16% as compared to the same corresponding financial quarter in 2019 ("Q1 2019"). The reduction was mainly due to lower sales generated by its wholly-owned subsidiary Asap Sdn Bhd in current financial quarter as compared to Q1 2019.
For the current financial quarter, the Group recorded a loss before taxation of RM0.16 million as opposed to profit before taxation of RM1.09 million recorded in Q1 2019. The unfavourable result was mainly due to lower revenue registered in current financial quarter, higher share of loss in associate of RM0.14 million and non recurring one-off gain on write back of provision for allowance of liquadated ascertained damages amounted to RM0.7 million recorded in Q1 2019.

volume too high

most probably out already, they need to think of something else

Coming AGM

Would you guys follow if it goes 11 today? He he he not possible at all

Moniekj; have to agree 90% to papaya

Does not have any significant increase at all

Let us see the End sept 2019 performance. How strong it can be or they totally flop as nobody in Angkasa and Companies take Loan ..... sigh

Yes papaya, only the MD/CEO buys back a lot

JacNgu...... why are you so excited wants Orion to go up fast... u r trap right.

Jamesssss: James with five s,,,,,, EPF and Great Eastern are the shareholders, unless they sold yesterday or today

True

10 sen now

CrisYap - Looks like the Buying getting stronger

ahwang, No la, I think struggling to perform. To go up , they need to show some profit. Does not look like announcing that fast for last quarter.

any body knows what is Orion's financial performance for 3rd Quarter .

Last week, 16 oct, 7 million volume, today 22 oct 6 million volume. Quoting what LKOH says, "Base Building...….."

Not even a show for 2 m

JacNgu- dump more , he he he

CrisYap- perhaps Virtual Banking means total dealings being Virtual. Loan assessment is just one of it , that Orion has its technology. Their contract is only with SME Bank

I have no inklings, just some news something happening. Orion suppose to start make money from Angkasa Azzahrah arrangement. No news on Indonesia venture.

yep that was July

tomtom, you meant to say "or-din" now ?

At least no free fall

https://www.thestar.com.my/business/business-news/2019/10/04/fbm-klci-at-lowest-level-in-four-years

Not useless counter but no substance

I think the new investor is playing with your mind. Definitely they are lowering down more and more to capitalize the profit when they jack up next week. Guys, u r own call

Orion new issue of securities of Chapter 6 on fund raising trying to private place of up to 30% of the issued ordinary shares had Bursa Securities on 17 September 2019 resolved to approve the application for extension of time of up to 24 March 2020 to complete the implementation of the Private Placement. The problem is that they are not rushing

no la, no chance to turun. Battered heavily already.
Except that if news bad from Orion.

moniekj, is this quarter that their Angkasa businesses, SME & PT Kirana businesses should reflect some flow of income.

heavy q for selling

something could be brewing, do not know yet. But this end month is end of Q3. Income should be coming.