bought 270k shares average 27.5 sens

They are in control and SHORTING the counter. Sell higher and buy lower all the way down. Retailers are the ones who got caught and die.

EPF is the main culprit manipulating the share. Look at the announcements, most volumes are created by them daily.

if a director disposes a huge chunk of shares prior to any major announcements such as a drastic drop in financial results (which of course the directors are aware beforehand), then it is considered as INSIDER TRADING and the directors can be put to jail. BURSA .... do your job.

i agree with what Wind said. Mokhzani is the main culprit. Bursa should reprimand him. Earlier, he sold off a big block at RM3.90+ (if i am not mistaken) and caused the market to panic. And now, he is doing it again to create a market panic. Someone like him don't even deserve to be a director because he doesn't understand the implications and consequences that he can caused with his actions.

rumors that Amin and gang is taking the counter up to RM4 soon.

Anyone heard about VIS planning Reverse Takeover Exercise ?

reliable source said after CNY will break 90 sens.

Buy and keep more. Its cheap at 1.30. Yearly dividend 8 sens which gives a yield of 6+ %. Better than any FD interest.

jag crashing down. datin took all market monies to celebrate CNY. luckily i disposed off all half a million shares at 18 sens.

most people buy JAG bcos of the potential JV on waste management. now aborted. the owners must had known long ago that it will be aborted. SELL fast fast. It will come down soon.

Earnings per share only 1 sen. Fundamentally expensive but this is a goreng counter so anything can happen.

http://www.thesundaily.my/news/1249031
Is the law suit already settled ? If yes, we could be looking at RM1.80 soon

Looks like the sentiment is back.

i just bought 50,000 shares at 1.04. If it drops to 80 sens, i will buy another 100,000 shares.

where is tomorrow's EGM held

at this price, JAG is still expensive. Bear in mind that they had done a Bonus issue (9:20) and Free Warrant (10:20) in July. At today's price, it is actually trading at about 40 sens pre-Bonus n Free Warrants.

bert .... if the reverse takeover rumor is true ..... $$$$ ... 50 sens no problem

market rumors target 50 sens. anyone knows why the counter rally ?

when JQ approved, the share will go to 2.50. buy now in anticipation of JQ approval. its cheap at this price.

buy. CIMB fair valuation at RM3.96 once JQ approve. the director Mr Sia had recently been acquiring shares at RM1.99. With bonus issue in the pipeline, it is a positive sign for further upside. Don't miss the boat.

Company bosses can contact us or we can work together with retail investors who knows / have contact with Ace counters for sale. We are looking for Ace market companies, industry not important as we have new business to inject in.

We represent a group of investors looking for ACE Market Counter/s for acquisition or via Reverse Take Over (RTO). Do contact us at klseinvestor99@gmail.com and we can structure a deal together.

Hap Seng Industries Services Sdn Bhd, controlled by Tan Sri Lau had on Oct 3 acquired 51.248 million shares (18.47%) stake in Borneo Oil. 36.246 million shares were purchased thru private placement, while the remaining 15 million were bought through direct business transaction. Market rumors indicate a short to medium target price of RM1 for Borneo Oil.

Tey Por Yee and Ooi should be investigated by SC for share manipulation and trying to cheat the company. They should be jailed if convicted. The recent collapse of the share price is mainly due to their disposing of shares to the market as well, knowing very well in advance that the investment in the Indonesian outfit is a scam to put more money into their pocket (as exposed, the 2 of them are related party to the Indonesian entity). The entire scheme (since the time when the share price is RM2) is all well planned to make a quick buck. This guy is well known for his stint in Nextnation (he is also the owner) and many other counters.

Some of minority shareholders should write a note to SC on this matter.

SC should investigate the directors who has been DISPOSING THEIR SHARES before the announcement came out on the termination of acquisition deal. The directors are definitely aware about it beforehand and they disposed millions of shares. This is typical INSIDER TRADING.

most directors actively trade in their own shares .... but mainly done thru nominee names so that they don't have to make announcements and nobody knows that they are the culprits

I agree with jazz. These directors Tey Por Yee (famous for his other counters as well) and Ooi have been selling aggressively and that could be the main reason for the collapse in price from 2+ to 1.83 today just in a week. Prtasco is supposed to be a fundamentally strong counter with Analyst giving it a target price of RM2.90. If any bad news announcements come out in the next few days or weeks, then probably the authorities will check if there is any Insider Trading or Stock manipulation involved.Take note that directors have the right to dispose off their shares as long as it is done in a fair manner and according to regulatory requirements.

a disclaimer by an auditor and a PN17 is definitely a NO NO SIGN

Director just announced selling off another 1.18 million shares at 15 sens

Be cautious with Ifca. No announcements on any major material developments but share price rallied from 8.5 sens to 15 sens. Earnings per share less than 0.1 sens for the last quarter.

At 90 sens, the share is already trading at a high PE. Their earnings per share for the last quarter is only 1 sen. Directors are selling.

the company directors should be investigated and jailed if found guilty of purposely creating news to cheat the public. when the news about the emergence of a new shareholder, the counter was trading at 22 to 23 sens with huge volumes. everyone is pretty certain that the directors dump a lot of shares to the market .... via their nominees and a lot of retail investor were caught pants down. what happen to the share price after that. all the way down. the directors already plan all these in advance. how could an announcement of a good news (the entire market was promoting this news) led to the downfall of the stock price and suspension of the counter with audit issues. if there is going to be an audit issue, the company directors would know many months in advance as they run the operations management of the company as well. therefore, this sounds very much like a hit and run planned job .... get someone to create some positive outlook (to fool the public) and dump as much shares as possible. bursa should check into these and see who are the sellers during the rally time and check if they are related to the directors in any way.

it is true and common that most if not all companies provide the same DENIAL respond to UMAs issued by BURSA and BURSA just accepted it facedown. like it or not, i believed BURSA does not have enough resources to go into detail of every investigations on insider trading, who is the culprit crashing down the share, etc etc., bcos everyday there are many counters which are operated in huge volume. unless of course, someone can provide evidence to BURSA on the wrongdoings. it is also good that BURSA issued the UMAs and to received all these DENIALS from companies. if one fine day, BURSA found out that the DENIALS were false and there were some wrongdoings, the directors would be fined heavily and possibly be jailed for making false statements.

CEO says he did not sell any shares that caused the share price collapse. Heard some market rumors that the CEO could had sold under nominee names instead of shares under his own name. Well, there's always bound to have a lot of rumors when something drastic happens. At the end of the day, the investor should just be focused on the value of the stock .... if it is a good company with high future potential growth and its trading at a cheap price .... then it is a bargain buy. if the reverse is true, then don't touch or get out as fast as you can.

div should be tabled for approval in the upcoming AGM and thereafter will be paid out

don't be crazy. total of 2.2 billion shares issued to new XINGHE shareholders (market news says that some of the shares are given back to existing Key West owners - under table). Imagine all of them become filthy rich overnight just bcos of the approval of restructuring plan. XINGHE is now worth 450 million .... ABSURB .... compare with KeyWest earlier with market cap of less than 10 million. Is XINGHE worth 450 million .?

this counter really come fast and go fast ....... does not prolong the excitement or agony of investors

nothing more than just a goreng stock. forget about fundamentals ...

forget about how the deal is structured .... the entire corporate exercise is screwing up the minority shareholders .... i believe all the placement shares goes back to their cronies/nominees. placement price is lower than current market price (+ loads of FREE warrants as well). of course retailers could look forward to the GORENG once the shares are placed out ..... keep your fingers crossed.

just spoke to one of my friend this morning. he made some good money in Iris. He is still holding some 500,000 shares in Iris which he bought at 7 sens. He used to have 1 million shares. Half sold off at 38 sens earlier.

unless their bottom line improves, nothing exciting about this company. currently trading around 20PE

At current price of 1.19, it is already trading at a fair valuation of 14 times PE, higher than some of its peers in the same industry.

Just got UMA from Bursa ..... will be SAME REPLY as ALWAYS ..... Directors does not know or is NOT AWARE of activities that would caused the stock price movement .... other than those which had been announced ... HAHA

2012 revenue at 72 mil ..... 2013 revenue only 5 mil ..... WHAT HAPPEN. Anyway, this is not a company i would put my money in.

The PE is still low based on the EPS and there's still room for stock price appreciation. However, there is a point of concern. Their cashflow is depletiing from 120 mil to 50+ mil in 2013 alone. Earnings for 2013 is lower than 2012.

Announcement will be Positive. Open on Wed at 1.90 and will break 2.

just sold 35k shares at average price 1.64. average cost price 1.47.

the rate it has been going up .... it is normal to do profit taking. the counter had gone up by more than 100 % in two months. i would expect the price to settled at 17 sens ... as the fair value is only 13 sens