dont be silly...nobody cares about 37.5 for this counter

To think that 3s to 5s is a full 66.66666666666666666666666 higher. Weirdest counter ever. Are we going to make that 66.6666666666666666666666666666666666666666666666666666666% soon?

Showtimeeeeeeee

Yes. Dilly dally so many months. There has been accumulation all the way

@bbc99 you are absolutely right - there are always other counters we can buy

@Ular correct correct...

dont be too happy with the movement now ya...more than half is me so it's not operator lol

Don't argue...just count the opportunities you missed while being stuck arguing in Hiap Teck

Anyone has a view why EPF is buying this small little construction counter? What's so good about AQRS?

@Karma I think 1.83 is a very safe level...no sad face needed. But my av much lower la lol

Lol but DRB is not for privatisation la. Buy DRB for Proton. X50 X70 so nice. Loan moratorium and SST exemption catalyst. Revenge spending coming

Then we will see where did MQ's subscribed 1B shares go. If there's no significant change in substantial shareholders, we will know it has gone into invisible hands and operators own them for control

I tell you what's next, wait for annual report due soon

Patience brosss...MQ subscription will expire in a few months time. They will have to finish it one way or another. @Valgrovest MQ will finish subscription...2.5cents! Give us also we take la lol

No catalyst but good value...a stock to hold if we believe broader market will be rising over next few months

@bbc99 it's always hard to time the market, if you can do it respect

the odds are pretty good here. no harm continue holding since we got it low with quite a healthy buffer. someone used bloomberg and the press to jack up the price. now flush out stage, but it's less boring when it's in play.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198499

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198461

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198462

https://www.theedgemarkets.com/article/kpj-says-no-privatisation-proposal-received-so-far

This should be a happy thread because who can lose money in MYEG...

This is DRB not MMC wei....wanna privatise ask SM pay $2.80

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-03-story-h1591875011-Kiyosaki_Biggest_crash_in_world_history_hits_in_October_3_ways_to_prote.jsp

Why is it that no one salute Karim for his poise

Helluva entrepreneur don’t you think. Capitalised on NEP build a multi-billion biz from nothing. Now paper loss in excess of a billion but he stands tall working on ventures old and new while keeping mum on the SIR as he should be

For Karim giving us bilis this opportunity and Chinese-Muslim muhibahness hahaha I really hope he survives this crisis

Respect

@ruslimz the 75% is out of the shareholders who are present like you guys and excludes any shareholders not present at the EGM

https://www.malaymail.com/news/malaysia/2021/09/27/interstate-travel-expected-to-be-permitted-from-october-says-muhyiddin/2008865

Wow u monitor verde so frequently? Thanks for letting us know! Good info!

U see the irony...people so scared to buy at 1.7 because they think it's worth more than $2 wtf lol

Yes it's more like the SCR caps the upside at $2.00 than the other way round totally agree it's worth much more than $2.

20c a quarter? 80c pa 10PE TP$8.00. No wonder privatisation will fail hahahahaha

Stockraider totally right lohhhh

SCR fail means someone wanna pay $3 $4 $5 in future mahhhh

In fact for this counter the ideal scenario is market get shocked by Evergrande…

U get a sure pass $2

U get to cash out at $1.97 and buy other things cheap

hope the above is true lol I just want $2 don't need $2.20 $2.40 $2.60 hahahaha

The 75% threshold translates to 36.18% required of total outstanding shares of which 27.55% fall under the larger instituitions (not unit trust funds) which we all know have agreed

This leaves 8.63% of total outstanding shares only that has to be "controlled". This includes the unit trust funds who are likely to agree

8.63% cost less than $300M in that covid meltdown period. At $1 it's only about $258M

TSSM and friendly parties probably got it lower than $1 during the meltdown

After having confidence in control they finally launched the SCR

MMC Top 30 used to own 90% of the shares back when I accumulated...only in 2020 this changed

Having accumulated enough shares under friendly parties...and with PNB's consent, TSSM finally launched the SCR

TSSM waited and waited and waited...until covid struck drove down MMC

At ths point EPF and Urusharta started selling down. Whether they sold on open market we dont know. Even if its on market transactinos it is likely TSSM who has been waiting has a bunch of nominees buying.

He was given time like never before. Almost a year for him to continue accumulation during which time EPF and Urusharta stake came down from 12-13% to 3%.

those who bought from 22/9 onwards cant vote

exception can instruct broker pick up on T day dont need wait +2

still, those who bought on friday 24/9 onwards cant vote no matter what lol

benteo78 must register to vote FOR everyone
24/09/2021 6:45 PM

Same same for many penny stocks...just that as many have said, Bornoil we feel more comfortable as there are some fundamentals there...........

MQ did not buy at 2.5-3.0 cents and sell at 3.0-3.5 cents...they merely distributed it to parties acting in concert to ultimately control this counter

MQ is proxy

No reason for MQ to do this in itself

Someone is using MQ as shield to have control of shares

MQ is a legal shield and nominees who own the shares via MQ need not reveal their ownership

Last round run to 9 cents they realised they dont have enough shares to justify the operation

So take a year to gain another 20% for control




lehubeng a good man...
give advantage to others....

give MQ 20% at a minimum of 0.025....(please don't think MQ is proxy...)
MAYBE buy from good friend 0.05 when open market only 0.03....

use company money for sbb at a higher price to make retailers happy and gain their confidence...


Good man....
24/09/2021 9:06 PM

Off market/ direct transaction

justin1njp https://www.bursamalaysia.com/market_information/announcements/company...

U c the announcement today.
2000000 unit n the money involved is rm 100k.

He buy 5sen ?
23/09/2021 9:23 PM

Hap Seng owned entity

hongheng7 Who are VICTORIA LIMITED?
24/09/2021 6:27 PM

like mmc right now 1.64 and below large queue but wont be surprised at all it falls to 1.54 then 1.44 lol

charts and momentum are not always right...at best 50/50 which means we cant tell at all whats happening behind the scenes. as u know very often a huge rise is preceded by a huge fall - and very often for no clear reason and fall till u scared and sell...

i3lurker share price dropped coz some big boys believe it will fail

thats what it means
24/09/2021 4:35 PM

yes u r right i am just assuming someone like SM already knows he has the 75%

Actually

We dont have to do our part to vote

SM already has the 75%

It's the 10% that can block which our vote wont help

Back all in 1.64 thank you TSSM

The irony

This exercise will only fail if it is so obvious that MMC has more than $2 to be realised by someone other than SM - so why worry when it comes lower and lower.

free money wei

https://www.malaymail.com/news/life/2021/09/15/eight-interesting-facts-you-didnt-know-about-sabah-and-sarawak/2005712

No brainer when it was below 80c