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2015-06-25 14:58 | Report Abuse
Sunkist, what makes u think he sold his share frontken to his own company ? Does not make sense, why want to do that ?
2015-06-25 14:55 | Report Abuse
JN88, I am telling the bad news I heard, I dare not use my real account, otherwise I will lose a lot of friends here.
2015-06-25 14:54 | Report Abuse
it is so obvious, if new shareholder is of any significant.. surely already announced as fast as they can, no need to wait so long. They dare not tell because they know it will be bad once it is announced, normally they try to delay the bad news until after AGM so that don't get hammered at AGM.
2015-06-25 14:38 | Report Abuse
Anything can happen between people. Lucky I did not use my real account otherwise will be called a troll and other abuse for sharing some very bitter news unfortunately.
2015-06-25 14:34 | Report Abuse
Share price movement does not look very healthy also. If his move is good, surely price will go up but looks like no good. Recent up is because of AGM, post AGM, no good news... free fall ?
2015-06-25 14:32 | Report Abuse
Very simple, he just want to get out of frontken, otherwise he could have just kept some share, surely wont sell until zero. Must be a real bitter argument they have recently.
2015-06-25 14:27 | Report Abuse
Dr Jorg bought at 12sen, sold all at 18 sen, he exit with 50% profits in his pocket in 3 years, consider quite good already. What puzzled me is why he don't sell at market price 27sen, why he sell at only 18sen, trouble could be very serious until he is willing to sell at only 18sen just to exit fast.
2015-06-25 14:22 | Report Abuse
sky2, then it is true they have problems at top management
2015-06-25 14:17 | Report Abuse
I had to create a new account to tell you of this bad news, otherwise my real account will be cyber bullied. I am sure a lot of you will find it hard to accept bad news. So I better use a new account to convey this bad news.
2015-06-25 14:06 | Report Abuse
I heard there was a bitter argument between Dr Jorg and the other major shareholder, Dr Jorg throws in the towel sold all his Frontken shares to the other major shareholder and exit the company completely. Not sure true or not, if this story is true, we are screwed.
2015-06-25 13:53 | Report Abuse
shIt... we are screwed... Dr jorg dump his frontken and exit the company after some bitter argument with the other majority shareholders.
Stock: [FRONTKN]: FRONTKEN CORPORATION BHD
2015-06-25 14:59 | Report Abuse
I already run just now.. good luck to all of you.