I was there in the EGM, I didn't see anyone objecting to the appointment of new auditor and every shareholders are suggesting that Baker Tilly is charging too high for a company at this size.

Definitely didn't see HC Lee and his comrades there. Some people will make a big fuse on social media and blog but there is no balls to attend. I am sure the accusation made by HC Lee and his comrades are baseless. It is all because he lost some money...

Amedia has a run up from 8cent to 10.5 cent. A rise of 25% on whoever bought in.

HC lee, u lost millions ah? Fool... Don't like, you sell shares better.

I have made money on the rights, warrants were trading at 25-26 cents when the rights were listed. We were given to subscribe at 55 cents and the market price was 82cents. It free 2 warrants worth 50cents combined. Everyone make and laughing to the bank

So what the leech gas given everyone is Angpao and of cause the lecch made the most. We ate not as good or as leech .so shut up and trade

The projects were implemented way before the right issue...

The company production is dated and management has not replace any machinery for more than 10years. They facilities were so dated until they incur too much maintenance cost and downtime. Please bare in mind, bright still the most profitable company compared to its competitors

HC Lee, you lose money ah?

As I can see, the machinery is very dated and the management is upgrading all of the production facilities and ERP to cater for future growth. Please note that if any shareholders are not happy, I guess they could have sell their shares.

to be fair to the management, the drops in revenue is noticeable but the profits has performed better than before... Every business has a cycle and I am happy that the management is investing and replacing the machinery so they can compete better in the ever competitive market place

Changing auditor is very common among the industry and the incoming auditor UHY is as reputable as the outgoing auditor Baker Tilly. I have friends who worked in the audit industry and they said the auditor in baker tilly is relatively junior and they charged an exorbitant fees to the client.

I don't know how true is it, they have a big office in Bangsar South, their own building. Not even Ernst Young, Deliotte, PWC is having their own building. Baker Tilly reputation is not as big as the big four, but charges could be as expensive as the big four as they have big overheads to pay...

Warrant way too much premium, will crash down. Don't buy warrants, better off buy mother

Coming coming

Ricky is only 32 years and owner of 2 main-board companies with such power to move the markets. Impressive.

Demi didn't subscribe to rights, they held 9,888,888 shares out of the enlarged 129mil shares. The bursa announcement were not updated after right issue completed.

80cents will be fair value

Demi held less than 9% la! Halley is Ricky friendly

Brighter day ahead

Packaging industry is being hostile taken over, buy and wait , watch the show

Brighter days ahead

Lai Liao Lai Liao.

Every 1bid is 5-6 % gain! can play contra or trading with its good liquidity

It will be good it it stay at 15 cents!

He raised a billion at the peak and burn throughout it. At the end he wasted his 10 years life in pursuing something that doesn't bear fruits.

If you ask him, he has another billion I am sure he will do something else like property where he could have earned another billion for the same period.

Does he regret?

Stupid or naive ...

The sharp drop was due to ex-price adjustment, bare in mind that the OR was opened at 25cents a piece and last traded at 16cents before expiring.

Also of coz there is old management dumping but it was well absorbed by the market. Which is good that signal the end of era by the old management.

With the completion of the rights, the new owner has cemented their position and inlimely to be taken over again.

Gold miner, it's still a TP

The OR still trading at 0.15 which is consider high and the mother share at 0.675, compared to the rights price of 0.55 , there is 2 warrants free for every 3 right shares subscripted.

If amedia can perform like bright, up 10cents today

Fly to 1.55 ...

Retail investors is at all time low. Only such cruel tactic able to trap the retail investors I believe.

Heap, last year Q4 they were hit by deferred tax charged out, thus they lost on Q4 but still full year profits.

This year they might experience the same cycle but cumulative profits untilQ3 stood at 7mil

Ya. See how much it can sucks in. 5cent? Possible ah?

Goo duck to those who bought in. But with resources, shall buy to average. Won't stay "low" for very long

9cents good buy. Limited downside, more upside

Told you all, sure die la.

10cents cannot get as people queued to sell at 10.5cents but not many sellers

Private placement announced, I think insiders trying to get more cheap shares before another push...

Going soon...once the naive investors hope vanished...

Hi noraini, got people like you all, only people like us can make money. You all wait till rights shares listed then we know who is right and wrong.

If everyone think alike, how we can beat the market and most of the people like you?

You all think su mated has oil? So far away at kazasthan? Where on earth is this place. Shell, Exxon Mobil, ConocoPhillips all don't know how to drill, leaving to Sumatec?

Underwriter only underwrite 28%. The rest owner put in to inject his assets.

Will be undersubscribed. Unless owner put in excess application.

They push up mother price to let you all buy the rights only. If owner really want to take all he won't push the price up. He can just take excess.

Mark my words, this counter won't have a regularisation plan. Even if they did, bursa wouldn't have approve it. It will goes to 5cents in a month to two the longest. Then prior to delisting will be 1.5 to 2cents. Now traders or retail are holding at 8 to 10cents level with the hope of rebound or regularisation or some sort of RTO, but it will not happen. Once their hope vanished, then become 5cents, then it become history...

I trade in the millions a day. We move market...

Short sell is illegal and PDT can't short Ace counters. But individual can, but must cover position same day. You can try out tomorrow if you want proof. Just tell your dealer say you have shares at other house same name. They will short it on your instruction. Unless your dealer no dare to do. But is doable. I did it.

Coming already

Tjhldg, shortselling can be 500k or 1mil, or any volume. First day of GN3 I short 2mil at 13 and buy back at 10. But I guess as the price getting lower you can't short too much as buying is more when it gets cheaper.

Those who dare risking to bet whether they have a regularisation plan or whether they can get back out from GN3, we shall risk only when it gets to 5cents. More upside , less down side as you can still cu at 2cent one day prior to delisting

Yes PDT makes look at opening and closing period

Confirm delisting. Now is short seller make money time. Short morning buy afternoon, until 5cents, then 2cents when delisting schedule is out

8cents? Probably u need to wait 1year if it ever reach and provided the company bleeds badly. 10cents I queued for a week also cannot get

How can it drop further? I am sure the action will start soon, bare in mind owner still holding at least 30% and buyer and seller both bids / offer in excess of 10mil shares. Meaning is force weak seller out

Then it is trading. Buy and hold for min 6 months is the way forward

Patient is the game. Average investor buy about 150,000 to 300,000 shares, cost about RM15k to 30k, held for 6months, easily earn 10% to 30% assuming price move up by 1bid to3bids. The game is buy and hold. Don't see for few months. Otherwise we are just trading which we never out trade sharks.

Collecting means action coming, stay tuned!