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2012-12-04 16:49 | Report Abuse
Luster has yet to announce that it is applying for its application. ok in Layman's term, the process of a PN17 company
propose regularisation plan-> 1)approval of regularisation plan-> 2)implementing the plan-> 3)successful implementation-> 4)3 quarters of profit -> 5)application for upliftment -> 6)wait for bursa's approval.
step 2 and step 5 is where the stock is being played up. so far luster has not announce that they are going to apply for upliftment yet. but they are already eligible to do so. once they announce. luster will shoot up
2012-12-04 16:44 | Report Abuse
i really hope that the rumour that i heard and my analysis is not wrong. let's be patient and we will make money together. cheers
2012-12-04 16:43 | Report Abuse
also, go study prior stocks that were uplifted from PN17, read all the announcements and the trend of those stocks.
2012-12-04 16:42 | Report Abuse
also looking at the technicals, we can see a strong accumulation from 0.09 onwards to 0.125. just stay patient.
2012-12-04 16:41 | Report Abuse
the suspension was just a guess. Luster is a very safe stock. minimal risk at with strong resistance at 0.1 to 0.105. plenty of catalyst to play the stock.
it needs two consequtive quarters. and immediately after that they will apply for suspension. they delayed the monthly PN17 announcement yesterday. normally they will do it on the first monday of the week. yesterday they did not release it. i suspect that they are also preparing for the application announcement. im sorry if i get most of your hopes too high up. but i believe luster will come soon.
2012-12-04 16:36 | Report Abuse
i cannot say how true this source is. i cant reveal it.
but just think logically and you will get it.
2012-12-04 14:33 | Report Abuse
the first one is definately considered as 1 quarter. many people doubted it. but i can confirm it is considered
2012-12-04 13:17 | Report Abuse
just a monthly announcement....
2012-12-04 11:12 | Report Abuse
hahahaha... if storm come before silence... our luster already dead....
:P
2012-12-04 10:33 | Report Abuse
do u mean calm before the storm? lol
2012-12-03 19:23 | Report Abuse
This is not upliftment yet. It's application for upliftment. It the anticipation of upliftment that really brings the price up. Not the actual upliftment
2012-12-03 19:14 | Report Abuse
Announcement not out today. High possibility of a suspension on trading tomorrow
2012-12-03 18:46 | Report Abuse
Lol Teh I thought u know the news. Lol.... Haha. This is not the announcement. Not yet announce.
2012-12-03 18:28 | Report Abuse
They have to announce. If they don't announce today. It's even better for them to announce tomorrow
2012-12-03 18:14 | Report Abuse
Bursa la bro. Check later. Go do your other stuffs first. Im going gym. Later check back.
2012-12-03 18:04 | Report Abuse
will be announced by today lah.... im also waiting
2012-12-03 17:22 | Report Abuse
announcement coming in 15 minutes
2012-12-03 15:24 | Report Abuse
haha teh tiong boon. do you have the same info as me? :)))
2012-11-30 18:45 | Report Abuse
Hang on tight guys. Next week will see fireworks. Latest by Tuesday. Just watch!!! :) patience finally paid off!!!!! GUARANTEE YOU GUYS :)
2012-11-30 17:27 | Report Abuse
10 to 1 consolidation. you dare to buy? :)
2012-11-30 17:09 | Report Abuse
but manipulation is still rampant in bursa
2012-11-30 17:09 | Report Abuse
to avoid manipulation
2012-11-30 10:42 | Report Abuse
your patience will pay off soon
2012-11-30 10:18 | Report Abuse
if you are so worried. why not just sell off your shares?
2012-11-29 22:24 | Report Abuse
Yes bro. Rights issue and also additional share listings issued to the banks. But stocks like this you don't have to worry about the fundamentals
2012-11-29 17:39 | Report Abuse
anyways, luster will be coming soon. all i can see is accumulation and there is no distribution. when cimb and the other banks ceased to be shareholders, someone must have accumulated huge amount of stocks. a new substancial shareholder might come out soon.
right now there are so many catalysts to boost luster's price. we just have to wait. limited risk, huge potential gain. what else can you ask for :)
2012-11-29 17:12 | Report Abuse
every last 5 seconds, they will park millions of stocks there to buy. i cant interpret what they are trying to do.
Stock: [LUSTER]: LUSTER INDUSTRIES BHD
2012-12-04 17:02 | Report Abuse
standard procedure for PN17 companies used to be 3. but for luster its quite unique only 2. perhaps this is the new guideline.