It could be a mistaken... dealers want to buy but key in sale... expensive mistake... pity who did it..

anyone knows why one big block traded at 11 sens this morning .. 6 million shares ?

very well written, may be the solution is to cut down the numbers of ATMs and use the money to employ security guards.

Did you look at the company's cash position and receivables? Very interestingly. the marginal increased in sale in comparison to last year is exactly the same ie all in receivables.. Does it means that the company does not collect proceed from its additional sales..ie all in credits. And look cash position too, it dwindled. As an investor, I certainly worried.... Haha how could it be like pmetal ?

why?

its a con job in a massive scale ... when the market down , then youknow who suffer the most... Haha ,, Happy trading

I already warned you all about share financing when Mr Koon recommended that one should leverage to make money... I also highlighted to you all ,by following his recommedation, I lost a fair bit in Rsawit.. I was actually quite upset when he told us that he has sold all his Rsawit..

Why buy warrant? Exercise price is 50sens.. Tunggu sampai mati to be in the mony

No authority has rejected his proposals.... how can authorities reject, he has 3 investment bankers advising him..... as for the rights issue... bursa already approved what!!!!!!! Why is he still keep quite....??? Semua tipu

If we compare apple to apple..... then we the conversion price is 52.5 sens... so you should be very happy now because what you hold, is worth extra 7.5 sens per share..... Congratulations....

Hi ultratader...... sorry just to clear one point with you.... the conversion price in real term is 52.5 sens. That is with one La, you have to take up another 52.5 sens only. This is because 1 La has a nominal value of 7.5 sens. So when they say the exercise price is 60 sens. In practise, you have to take out 52.5 sens only.. As for warrant, if the exercise price is 80 sens.... you have to take up a full 80sens... so

I never know that a man with such good integrity will resort to this trick....... haha....So whom can we trust now??????

HOA has no legal status at all..... this was the trick they used to pull in the early 80s.........whenever the heads or someboby important visited a country.... there will be plenty of hoas and mous signed..... lots of publicities but eventually 99.99999999999999999% were left to laspe.. haha... we all being tricked......

Can not blame him also, stock market is a crocodile pit......................

Anybody knows who is the actual owner of this company?

Look like Mr Koon's advise fell flat on China stock... No dividend .. warrants will do .. this principle does not work with all the companies. For this company.... it not only adjusted itself but also due to lots of pent-up sellers...waiting to sell with the notion that our Malaysian investors are fools. Hence after adjustment, the price is worse............

yes , I like that ' wear a hat too big for him'.........So next time when he proposes any mega project, would people believe him...

What your remisier say 60sens is quite true... xcept that he forgot to tell that the LA itself carried 7.5 sens. You can either use 8 units of LA ( 8x7.5) =60 sens or use 1 units LA 7.5+52.5 =60sens.
For you information, LA which is a loan stock also give you interests albeit at a very low rate of 1 per cent only.

At today's price of 13 sens, your cost of equivalent to one mother share is only 13+52.5 or 65.5 sens only...

Hi Calvin, I am not talking about buying early or late... Even at 131 , I still make money..... I am talking about the personality and integrity....... Do you think for that matter, Quek of Hong Leong,Li Ka Shing, Liew of Setia......will announced a 10billion acquistion today, speech prepared by HR company , advise from 3 investment bankers ( seldom people use 3 unless it is going to be done deal).....let all the analysts recommend positively on the deal and suddenly , right on the dateline, ....... Sorry no deal......

cheer ? what is that to cheer? In the first place, we all minority shareholders have been conned.... Look at the price ... 131 only.... One month ago, talk big , big only... Employed 3 investment bankers to advise him on the M & A.... promised the world will turn Sunsuria into a premier developer.. After one month...... what happened? Deals aborted, price dropped,,,, and you shout .... Cheers... Yes cheeers ... We being conned.....Biggest con game...

hey.. you must be working for the owners, promoting warrant... How can you promote warrant ? The exercise price for the warrant is 80 sens, it does not give you interests and at the end of 5 years, if you do not exercise, you end up with nothing. LA is much better, the conversion price is 52.5 sens. To change to mother share , the total cost will be say at 12sens +52.5 sens = 62.5 sens . Furthermore LA also carries a 1percent interests. So ..... which one is better....?

yes, you are right. I think they also want to prevent people from short selling...

how can you say like that......we compare apple to apple ... Today to convert LA at 8 sens to mother share,you can do 2 ways..... 1. 8sen + 52.5 sens= 60.5 2, 8sens X 8 =64 sens. However if you want to exercise the warrant, you have to pay another 80sens. The cost of mother by converting the warrant is 14+80=94 sens. Further more on maturity, LA still carries 7.5 sens, whereas if you do not convert WA on maturity.. you get nothing... Haha.. so you see , why WA is dropping........ because yesterday and today's prices were all controlled.. You just wait and see..LA will go up and up and WA will keep dropping..

Hi Kheng , they have done that yesterday and I believed they have sold bulk of it and bought LA.....Why not, any major shareholder with little bit of accounting background will do that. Remember. Mr OOi is a Chartered Accountant.

yes, if you want to buy Iretex, LA is a cheapest way to go in . It is also the safest in comparison to warrant. You do not have to convert your LA, just sell ihem when the price up.

you do not have to convert, just hold on to it. Unlike warrant , if you do not exercise, when the time expire , you get nothing. This LA is different, it has a value of 7.5 sens all the time. Eventually, when the LA matured, at worst, the company will combine 8 units of LA and give you one unit of mother share. It is very much better than warrant. Funny thing is warrant worth 15 sens today and LA closed at 7.5 sens. While warrant is out of the money, LA is actually selling at a discount. With a mother share at 75 sens, LA should worth at less 9sens. Simple , just divide 75 sens by 8, you get the fair value of LA....

Let compare the value of these 3 shares in a very simplistic way i.e by converting all shares to mother shares:

Mother Share is 75 sens
If you buy LA and convert to mother share , yu lowest cost will be 7.5 sen +52.5 sens and your cost will be 60 sens per mother share>

If you buy warrant, you cost will be 15+80 sens or 95sens a share.

So why so much warrant is traded today... simple.. majority sharesholders are selling warrant to buy LA...You get it.

So I totally agree, the eventual winner will the LA holders.

The fair price of LA should be 76-52.5 = 23.5 sens.. whereas the warrant carries an exercise price of 80 sens , yet it is trading ay 16 sens... Cost to the holder if want to cover to mother share would be 96 sens..... sell warrant if you have and buy LA

Aiyah, the pressed down LA so that they can arbitrage la. Mother 76 sens .. LA 8 plus 52.5 is around 60 sens only.... So what do you think?

Pumas ... good question... If he publish earlier the lists will be completely differ.. Ha ha .. Just joking

Think.? May be take over mas.. possible..?

I think the shareholders of itronic should question their board of directors why they sold down the counter in this manner.... They must be out of their mind..minority watchdog .. What are you going to do?

dear Mr Kong , ... Can you recommend us a few stocks that fall under defination for us to share with you.. PLEASE

dear Mr Koon , I have full respect for you that is why I bought some Jtiasa and Rsawit ..... with your recommendation.. For Jtiasa, I lost money.. For Rsawit, I still make a little if I sell now. OMG .. after so long and so many people condemned you on the recommendation of Rsawit ... as HOLLAND TIPS.. Today you come and tell us that you have sold all your Rsawit.........

while I think one should leverage ,my feeling is a bit unfair for Mr Koon to encourage investors to trade on margin .. Listen , market is all time high now. How much higher can it go? I know Mr Koon means well but the reality of life to.... very very very risky to trade on margin at this stage if you are a newbies...... Yes..... You must know your game ...Leveraging is good but not for the newbies... For those already made their money earlier.. yes....

Apa ini ... Manufacturing company without construction experience pun bolih dapat contract.. Betul kah? Bolih untung kah

With visit malaysia year coming ... More building will be painted...sure price will rocket..

Capital reduction is almost 90% completed but price of warrants never goes up!!why

No. I am talking about if the multiple proposals implemented as plan.....exercise price of the warrants will be 10 sens per shares.... what do you think the price of warrants will be ?

oh good ....its good for the shareholders especially warrants holders.. you all go and think why ???? ha ha

strange, why is that nobody recommend to buy when its rights was selling at 3 sens..... lots of investors will be laughing to the bank soon...

very funny,while company buying back its own shares , the director on the hand is selling. I bet he picked the warrants, excercised and arbitraged....... very smart

who said its not right, i for one believe any who bought the rights will enjoy a hefty gain in term of free warrant.... just watch...