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2014-11-14 08:47 | Report Abuse
recap:
Nicorp, currently with a market capitalization of RM 96 million and 772 million shares issued will definitely be a good vehicle to be RTO for a quick listing and business expansion through raising funds from the public. A similar example will see Symphony House Berhad (Symphny -0016) which had 660 millions of shares and a market capitalization of RM 125 million is a RTO target by Ranhill.
While Nicorp foray directly into the oil and gas sector might still be vague now, the possibilities of Nicorp being linked up with Alltrust International Group to provide services or equipment that caters to the oil and gas sector is still a good possibility to be eyed upon after seeing a huge stake up by Dato Siaw Swee Hin.
Nicorp will be a good company to be looked at for the time being as more corporate exercise, restructuring is going to unfold. The current entry of Nicorp is deem attractive due to
- Private placement at RM 0.12 fully subsribed
- Increase of stakes by Dato Siaw Swee Hin, with majority purchase price at RM 0.125
- Ceasing of Dato Raymond Chan as the substantial shareholder and CEO of Nicorp
- Appointment of Dato Abdel Aziz as the Chairman of Nicorp
- Appointment of Cheang Soon Siang as the executive director of the company. Mr Cheang is experienced in handling cash flow, working capital management and restructuring and recovery of credit facilities for corporate.
- High Speculation of Nicorp as a RTO target, with Alltrust International Group as potential target.
Nicorp should be looking to trade stronger in the coming days with more corporate development unfolding one by one. A quick outlook will place Nicorp testing at RM 0.15, while a longer term outlook might suggest Nicorp putting RM 0.30 to test.
2014-08-29 09:29 | Report Abuse
Compare to last Q, with the same turnover it gets better profit. EPS 2.05
2014-08-29 09:19 | Report Abuse
turbo but turbo counter la.... hehehe...
2014-08-29 09:13 | Report Abuse
finally come back 1.51 woohoo...
2014-08-28 10:06 | Report Abuse
drop too much d... haha... give little dividen need drop so much meh?
2014-08-26 12:59 | Report Abuse
not hari ini is hari hari turun...
2014-08-20 08:29 | Report Abuse
flat bottom and follow by rise of sun... it is a very bullish signal...hope signal tells truth...
2014-08-18 16:12 | Report Abuse
should be rebounce once it touch 0.44 / 20d Moving Average... looking forward for great bounce...
2014-08-05 07:59 | Report Abuse
chart based taken from some where "The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. The signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security."
2014-08-05 07:54 | Report Abuse
chart based taken from somewhere: "The bulls are strong. The negative sentiment that led to the last bearish pattern has evaporated. Signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security, but with a more CAUTIOUS attitude".
2014-07-31 09:50 | Report Abuse
Since the market bullish intact, we should believe the chart pattern. The BULLISH HARAMI CROSS pattern confirmed @0.7000, so valid average buying price stands now at 0.7050. BUY signal is generated. Most probably, it is the right time to ride. Happy trading.
2014-07-14 16:08 | Report Abuse
in before today... or else u can only get 1.03 above...
2014-03-27 12:58 | Report Abuse
Will not that high after stock split.
2013-10-21 12:19 | Report Abuse
ya ya... agreed... Cleared off mine also @0.75
2013-10-21 09:04 | Report Abuse
jwarren how come raise alot? bad sign?
2013-10-16 09:13 | Report Abuse
Go go go... Time to prove the price target lol...
2013-09-19 09:11 | Report Abuse
oops... I forgot to cancel my queue at RM5 and it is filled...
2013-09-17 16:25 | Report Abuse
Who trusted RHb analysts here? pls put ur hands up...
2013-09-17 15:42 | Report Abuse
no volume... no raise... no hope...
2013-08-23 07:26 | Report Abuse
dow jones showed green today... good day perhaps...
2013-06-04 10:13 | Report Abuse
what is your opinion bro powerwk?
2013-05-31 09:51 | Report Abuse
red q1 report... improved compare to q4 2012 but loss more than q1 2012.
2013-05-30 11:30 | Report Abuse
rebounce signal... mayb... lol
I bought @ 0.72 too bad... HOLD HOLD HOLD hahaha
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2014-11-14 08:54 | Report Abuse
decision is on your own. no blaming in forum. do your research and ppl's talk are always our reference anyhow. since so many corp corp corp from calvin. why not we consider Nicorp but it is not a fundamental share like calvin promote...