ceo dah kata they will proceed with PN17 upliftment as planned. so profitlah

lucky I sold all mine at average 11.5 cents with some loss when the melt down happen on suma. I bought suma instead. great news in less than 5 days

relaxxxxxxxxxxxxxxxxxxxxxx

sapa jual now regret later

buy buy buy while its still cheap.....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1713693

yalo pdz price movement/spike scary

Clarification Sumatec up on rumours of Halim Saad increasing stake
Post by Cals Today at 09:28

Clarification Sumatec up on rumours of Halim Saad increasing stake
Business & Markets 2014
Written by theedgemalaysia.com
Monday, 18 August 2014 09:21

WITH reference to an article entitled “Sumatec up on rumours of Halim Saad increasing stake” last Friday, it has been brought to our attention that Sumatec Resources Bhd is not a debt-laden company and its gearing is currently low. The group’s borrowings as at March 31, 2014 stood at RM17.3 million. The error is regretted.

This article first appeared in The Edge Financial Daily, on August 18, 2014.

ini kalilah

On another note, Dalton said Sumatec expects to achieve profit of RM69 million in the financial year ending Dec 31, 2014 (FY14), and exit the Practice Note 17 (PN17) category after second quarter this year.

"We will make the submission at August this year, should the group record a profit for two consecutive quarters. Hopefully, we will be uplifted from the PN17 list, the earliest in this September," he said.

- See more at: http://m.thesundaily.my/node/246109#sthash.7RnTeD9n.dpuf

Quarter announcement should be out next week followed by PN17 exit application to bursa thereafter. Once pN 17 out then there will be institutional investors enter the arena. Many more potential upside on this stock. So waiiiiiiiiiiiiit

slow and steady boy.....

final call. buy before qrt & PN17 removal announcement.

runnnnnnnnnnnnnnnnnnnnn

suma definitely since we know what is happening or what abt to happpen

0.42 sell to me pls

smart move

but why no reply to UMA clarification despite bursa wants reply by yesterday... holding on to some adverse confirmation?

saya tunggu RM1.00

not sure abt that. but the directors appear doing something to improve share price

told u.... must believe... so whats the news ya

its finally moving

have plenty of treasury shares..... opportunity for bonus issue in the future?

so got news on 13-08-2014??...... to sell or not to sell

PDZ had on 14 May 2014, entered into a conditional share acquisition agreement (“SAA”) with Johany bin Jaafar for the proposed acquisition of 20% equity interest in Efogen Sdn Bhd (“ESB”) comprising 4,000,000 ordinary shares of RM1.00 each (“Sale Shares”), for a cash consideration of RM18,000,000 (“Purchase Consideration”).

Extension of days for satisfaction of condition precedent

The Board of Directors of PDZ wishes to inform that via the Letter of Extension executed on 14 July 2014, the parties to the SAA had mutually agreed to extend the time for the satisfaction of the conditions precedent from sixty (60) days from the date of the SAA originally, by an additional period of one (1) month expiring on 13 August 2014.

there is RM100m worth of vacant land (zoned for development) sitting in the balance sheet sometime - do get copy of latest financials from bursa. either they sell it or develop it. Going by record, both the owners (husband & wife) collecting the shares for years. They must be up to something. !!!!!!

i m ready to collect more if price drop...... i dont play contra... cash buyer lo

lets wait and see..... maybe 1 day show only

see i still hold lots i bought at average 0.42 and bought some more today after lunch at 0.47. see what is the closing price now.... this is really a good counter. mesti ada bola to hold it despite price fluctuation

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=1201

BGB's restructuring proposal not approved/accepted by Bursa. Unlike, Sumatec's proposal already approved and implemented. Only thing left is application for PN17 removal supported by 2 quarterly profit. This application is expected to be submitted this month. relax if you trust in this counter, then tunggulo

aku tunggu jugak

mana AT?

yahooo... its finally moving

with a simple click, u can get full b/s and p/l from bursa website. yes it is debt free with substantial TNW. All debt settled pursuant to the debt restructuring exercise some time ago... check yourself

relax bro... whoever taking up the PP (10%) should be credible institution or person which should add value to suma. who wants to give RM200M + for nothing kan.. holddddddddddddddddddd

this is not a good development....

JMI is the wholly owned subsidiary... why then cannot collect? why need to capitalise?? why some of the owners also selling the shares????

capitalising amount owing??? cannot collect?

OTHERS JAG BERHAD (FORMERLY KNOWN AS INFORTECH ALLIANCE BERHAD) ("JAG" OR "THE COMPANY") - SUBSCRIPTION OF ADDITIONAL SHARES IN JARING METAL INDUSTRIES SDN. BHD. ("JMI"), A WHOLLY-OWNED SUBSIDIARY OF JAG

JAG BERHAD

Admission Sponsor TA Securities Holdings Bhd
Sponsor Same as above
Type Announcement
Subject OTHERS
Description JAG BERHAD (FORMERLY KNOWN AS INFORTECH ALLIANCE BERHAD) ("JAG" OR "THE COMPANY")
- SUBSCRIPTION OF ADDITIONAL SHARES IN JARING METAL INDUSTRIES SDN. BHD. ("JMI"), A WHOLLY-OWNED SUBSIDIARY OF JAG

1. Introduction

The Board of JAG wishes to announce that the Company had on 18 July 2014 subscribed for additional 24,679,490 new ordinary shares of RM1.00 each in the capital of JMI, a wholly-owned subsidiary of JAG, for a total consideration of RM24,679,490.00 by way of capitalisation of amount owing by JMI to JAG ("Subscription of Shares").

Upon completion of the Subscription of Shares, the issued and paid-up share capital of JMI shall increase from RM4,000,000.00 comprising 4,000,000 ordinary shares of RM1.00 each to RM28,679,490.00 comprising 28,679,490 ordinary shares of RM1.00 each.

2. Information

JMI was incorporated in Malaysia under the Companies Act, 1965 on 2 April 1997. The current authorised share capital of JMI is RM50,000,000.00 divided into 50,000,000 ordinary shares of RM1.00 each and the current total issued and paid-up share capital of JMI is RM28,679,490.00 comprising 28,679,490 ordinary shares of RM1.00 each (after the Subscription of Shares).

The principal activities of JMI are to carry on business in relation to the recycling and manufacturing activities of extraction, production and refinery of ferrous, non-ferrous and precious metals via the recovery and reclamation of industrial and electronic waste. JMI is also involved in the business of trading ferrous and non-ferrous metals.

3. Financial Effects

The Subscription of Shares is not expected to have any material effect on the earnings per share, gearing and net assets per share of the JAG Group for the financial year ending 31 December 2014.

4. Directors' and Major Shareholders' Interest

None of the Directors and/or major shareholders of JAG and/or persons connected to them, has any interest, direct or indirect in the Subscription of Shares.

5. Statement of the Directors

The Board of Directors of JAG is of the opinion that the Subscription of Shares is in the best interest of the JAG Group.


This announcement is dated 18 July 2014.

lets accumulate more

To hold long term. Removal of PN17 is underway. More goodies on d way

This company has very strong TNW, debt free and nil gearing. Also it has on going and profitable operations. It worth more than similar counters in same line which are still on look for ptofitable business. So RM0.425 still cheap.

....

in total you will still have same value of shares ($) post conversion but with many units + free warrants. So when there is a price movement upward, you will have more multiplying effect (more gains) vice versa.

more bad news on d way. another big quarterly loss announcement in another 30 days. so is it worth buying at current price?

sapu 100,000 @ 0.42

harga junam friday if no briefing and gud news by tomorrow. I dah exit lama dah. AT pun dah hilang

manage to get some at 4.01. q more

sold all mine 30000 at 1.61 yesterday. its going to be free fall after stabilisation period. ....