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2021-10-21 22:13 | Report Abuse
Today wash out volume low, tomorrow will rebound
2021-10-20 17:31 | Report Abuse
Got good news , besok jump start kot...
2021-10-19 13:50 | Report Abuse
Lembaga Tabung Haji and director keep selling , unless stop selling price will drop further
2021-10-10 23:17 | Report Abuse
Tomorrow will hit new height if Ancom rebound
2021-10-07 22:38 | Report Abuse
The industrial index is super bull overtake past record, it might be wise to invest in industrial related counters
2021-10-07 22:38 | Report Abuse
It might not be good to invest in glove stock now as you analyse the heath care index , did it move up in response to KLCI index? Reason is syndicate is not pumpig in fund into health care related counters, just my 2 sen opinion
2021-10-05 20:23 | Report Abuse
Wow, expecting Ancom target price to shoot over 3.00 then good for Nylex
2021-10-03 22:02 | Report Abuse
Nylex is laggard against Ancom and could play catch up with higher NTA @ 1.74
2021-10-01 13:46 | Report Abuse
Is Nylex holding any share in Ancom? Any sifu can enlightened?
2021-09-23 19:16 | Report Abuse
Hope it is second Opcom in the making as last round in Dec 2020 ramp up from 10 sen to 1.40 ..
2021-09-22 17:43 | Report Abuse
The price being consolidate from Dec 2020 at peak of 1.47 and now seem rebound at major 3rd wave in technical chart analysis
2021-08-31 22:46 | Report Abuse
Sure as health care index up trend..next few days will be exciting for glove stock
2021-04-17 00:55 | Report Abuse
he Syndicates in Malaysia stock market is gaining momentum and out of hand, not only running out of stocks to churn out cash in public listed companies, but went hostile on many new public listed companies, such at latest AT Systematization Bhd (AT Bhd) on Asdion Bhd?
Scoping up new public listed companies shares, hype up Voluntary General Offer (VGO) and later use their cash in existing public listed companies to buy their own shares in other new public listed companies, becomes a flood gate in Bursa Malaysia. Malaysia financial daily The Edge did 3 special coverages on the same “mastermind” pin pointing the problem in the system in September 2020 and recently 2 articles in March 2021.
The questionable abuse of “hostile ruling” by using “investment in other public listed company shares” as proof of fund for such scheme, raise eye brow in the capital market, questioning the out-dated rules and flaws in the regulatory system. If The Edge investigation is true, the Syndicates repeatedly pumping cash to print new shares and subsequently taken out the cash buying related party shares is indeed left unchecked, the get rich quick money game of Bursa Malaysia might create a bigger issue in capital market.
To understand who is behind the scene is not rocket science. Take the crown jewel of the Syndication, the tightly controlled Focus Dynamics Group Bhd largest 30 shareholders list which held 96.367% as of latest Annual Report 2019 for example.
The suspected mastermind early days shield were namely in offshore accounts such as Credit Suisse Group AG (HSBC Nomminee(Asing) Sdn Bhd), UBS Group AG (Citibank Nominee (Asing) Sdn Bhd), split holding under other nominee accounts such as Maybank Kim Eng Securities Pte Ltd, CGS-CIMB Securities (Hong Kong) Limited, Barclays Bank PLC, and, DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD.
Obviously the related parties are within the list of shareholders in Focus Dynamics Group Bhd, namely “Sanston Financial Group Limited, Lazarus Securities PTY LTD, Carol Vun On Nei, and of cause Mak Siew Wei” just to name a few obvious.
Sanston Financial Group according to Zoom Info Hong Kong authority record is a 9 staff tiny brokerage house with approx US$1 million revenue. The other vehicle Lazarus Securities PTY LTD was the off market transferee from Sanston Financial Group of the Asdion Bhd shares to camouflage the trail that Sanston Financial Group is indeed a major shareholder of AT Bhd, potential in breach of related party transaction. Carol Vun On Nei is the sister of Kenneth Vun Yun Lun, while Mak Siew Wei is the best actor acting in concert with the suspected mastermind.
The crunch came when the Syndicates cornered and pumped Focus Dynamics Group Bhd shares to ultra-inflated value of RM3 billion (RM3,000,000,000) after series of share issuances, on a share price of RM0.50 and NTA of RM0.0281. Cashing out through “divestment” of 1,605,197,076 shares to FINTEC GLOBAL BERHAD (through Asiabio Capital Sdn. Bhd.). To recap, Fintec Global Bhd did series of share issuance and money pump into FIntec Global Bhd is handsomely taken out through the same modus operandi. As of latest quarterly report, FIntec Global Bhd has RM1.18 billion “Investment in securities” while cash and equivalent stood at RM117 million. How did Fintec Global Bhd shareholders approved a RM1.18 billion “investment” out of RM1.34 billion total equity? The investment decision of Fintec Global Bhd if not knowingly acting in concert with the investee (Focus Dynamics Group Bhd), must be the expert of all experts delivered RM800 million “capital gain” for 31 Dec 2020 results.
The RM3 billion Focus Dynamics Group Bhd “shell” is perfect for not only Fintec Global Bhd but “many other” potential candidates within the Syndication group of companies to cash out?
Obviously the Syndicates need to find more “public listed shares” to feed the greed engine which is out of hand right now.
16/04/2021 9:23 PM
2021-04-09 07:42 | Report Abuse
Today will be a good day for Focus due to increase revenue from new business income on Robotic bar tender and increase value in 30% LKL stake.
2021-04-08 22:58 | Report Abuse
I think Focus is a better bet than Fintec as Focus is cash rich and recent 4 quaters also performing well..if the acquired price of 30% LKL is 25 sen then how much profit gain if share disposal now..so I think Focus cash also partly generated from equity investment
2021-04-08 22:10 | Report Abuse
Yes , train will start tomorrow...
2021-04-08 17:16 | Report Abuse
Focus hold 30 % stake in LKL , value of Focus should increase correspondently
2021-03-30 20:32 | Report Abuse
These bunch of people good at goreng share and syphon out money..make use of glove theme to goreng
2021-03-28 18:46 | Report Abuse
Ya,ya, ada Esos price mesti spike ma...
2021-03-28 16:47 | Report Abuse
Price might spike early in April
2021-03-25 20:55 | Report Abuse
Not bad ah...NTA jump from 14 to 24 almost double ...why still make noise
2021-03-21 13:57 | Report Abuse
Yes Ppmaster , agreed that next week is the best timing to push up as healthcare index might break up resistance and push up glove stk as investment bank recently comment good on glove stk .Trend of covid cases increase upward worldwide despite of vaccice injection...just monitor and let the market confirm on the trend reversal
2021-03-21 10:09 | Report Abuse
Chart reveal that it is in bottom region lowest at 11 and it is well defend at this level .
The probability of upside should be good to support the ESOS fixing price
2021-03-13 17:23 | Report Abuse
There are at least 3 news for goreng this stk , acquisition of Asdion , 4 new lines commence next month and most important to ramp up price for 30% Esos. The risk is minimun since it is in the bottom region ready to turn up,risk to reward ratio is good. Money is yours and you decide if you would like to enjoy the ride...
2021-03-12 15:19 | Report Abuse
Last chance to masuk at 13 sen , new wave mari..
2021-03-12 13:52 | Report Abuse
This round will be a real one , can top up now after few times of fake break out...
2021-03-09 08:53 | Report Abuse
This imply that price will not rise before expiry date and it could hit lowest 8 sen to discourage conversion of warrant
2021-03-06 21:08 | Report Abuse
Penny stock will not in radar screen anymore , look at recovering stock like banking , leisure , airline, hotel , tourism , lottery etc..trade with cautious , good luck
2021-03-04 20:54 | Report Abuse
Waiting Top Glove at level 3..
2021-03-04 20:54 | Report Abuse
It is correct that Top Glove and supermax is damn cheap in term of low P/E ratio
2021-03-02 18:44 | Report Abuse
Habis la kali ini, weekly chart pattern pun mahu tukar bearish pattern ...kot 6-8 sen bolih dapat sekarang
2021-03-02 17:30 | Report Abuse
Short selling by JP Morgan on glove stk, target price for Top Globe at 3.50
2021-03-02 08:58 | Report Abuse
Wrong decision to salvage Trive as otherwise price will not drop soo much..investors are questioning integrity of the management
2021-02-26 15:48 | Report Abuse
Why not use the 30 million to invest on the second plant but pour money into the sea subscribe Trive share..SC should investigate as hanky panky is going on the deal
2021-02-26 14:00 | Report Abuse
Wat the fxxk ? Steal money from AT share holder and rescue Trive? Wat is the logic?
2021-02-25 17:51 | Report Abuse
Everyvbody wait anxiously for QR release, if QR bad jump water
2021-02-24 21:12 | Report Abuse
Latest 28 Feb 2021 QR report out
2021-02-24 18:38 | Report Abuse
I think retailers too scare to touch this stk and only right to left hand transaction at the moment
2021-02-24 16:03 | Report Abuse
Who is the one come with lorry truck to unload? Almost every day non stop.
2021-02-24 10:38 | Report Abuse
All glove ctr water jump , how long can AT withstand 0.15 as Supermax , TG PE getting more attractive, wat will happen QR result release this week
Stock: [BINTAI]: BINTAI KINDEN CORPORATION BHD
2021-10-30 21:36 | Report Abuse
Growth in business expansion by acquiring Johnson Medical International , diversification in property sector and condo management .Government budget is allocating fund in healthcare sector and stimulus for property market , Bintai is in perfect timing investing in this two fields