Heavy Volume coming

4u2C : You probably should change your reminser. Full stop. Just pay conversion price of 30 cent to convert the warrant to mother share.

But act quick as the ex date on dividend is 21/1 2015

Cant even get a decent accountant to report gain on dilution of icar?

Whats going on with this company?

FACB also have cash in hand RM 1.7x per share,

Look how much it is trading now

When market drops, no one use their brain to buy /sell shares anymore

Fear is how they fall

According to director, 30 cent dividend coming next month.

Just check latest Icar price is AUD 0.96

Those 21m placement share @ 1.10 last week lose 12% in one week.

Poor guys.

If there is someone buying the placement @ AUD 1.10, at least we know the disposal price will be around there.

If Rev able to sell all their Icar share @ AUD 1.10 , it will translate to payment of dividend of around RM 1.10 to shareholders of Rev. That is a big 'IF'

I'm not taking the chances, just too much uncertainty and secrets kept by the management.

usry : Its ok if ShQuah friend is Tony Tiah. We knew along Tony has been buying back.

Buy on weakness :)

Shquah : your long time is how long? Current price is not very high, you bought during RM 1?

Just hold, RM 1 will be back soon,

Cleverboy: Not looking at this REV. Poor management where nothing have been announced after EGM.

Now accumulating TA. Buy and hold. Unless market crash, should be a good investing opportunity.

A lot of people just want short term gain.

I highly recommend them to look at those most active counters

This TA is for long term holding and require a lot of patience

Some people really impatient here.

If you know this share is undervalue, just buy and hold.

You don't want to sell, they cant force you unless you are playing contra.

Volume coming in :)

Bear01 : LOL , Faruk wont even understand what you posted , please translate to a language he knows

Guess what , The premium just got wider. Good luck to those still holding

If follow today closing of FBMKLCI 1818

This warrant = 1880 - 1818 / 667 = 0.09

Now trading at 0.16, premium of 7cent ( 77%).

If follow today closing of FBMKLCI 1803

This warrant = 1880 - 1803 / 667 = 0.115

Now trading at 0.155, premium of 4 cent ( 35%).

Expiry date 31/7/2015.

Some impatient people sell down.

Cleverboy : This is just round 1. After all the minority interest give up on REV and sold all their shares to them, rumours will fly around saying there are potential buyers of Icar identified and price will be xxx.

Since the disposal will be completed within one year, they can fool the minority interest again and again with rumours and lies. Beware of this counter, do not chase it.

last minute kasi hentam back to RM 3.07 ??

Results Out ?

Cleverboy : Datuk Larry Gan said the block of shares may be disposed of at a discount from the market price. Don't know can go how low?

Methodmann : My advice to you, stay far far away from this Rev. There are whole lot of better managed company listed in KLSE

Fong7 : I think Rev / Icar is different from the red chips. Red chips have a lot of cash, Rev / Icar has no cash but a lot of potential

Methodmann: I think no bank want to take Rev share as pledge, that's why Mr Grove is doing this circus thing.

Fong7 : Maybe that's what Mr Grove is thinking.

First profiting from announcing intention to sell, then hammer down Rev asia price and privatise it at a lower price

Just guessing

Methodmann : If you follow Patrick Grove, the founder of Catha group, you know he is venturing into another business like Netflix in US. I think that's why his group need funds to start the project. That's why Catcha do not privatise Icar.

However, I do not like what he does to announce something which is not fix (No potential buyer and price) and take advantage of the minority interest.

Cleverboy : I have no Rev in hand. Those management just want to press down the price and let all the minority interest who bought at 1.30 ~ 1.60 suffer. They will collect at low price and recycle the Icar news later.

Datuk Larry Gan said the block of shares may be disposed of at a discount from the market price. "We have identified a strategic investor who has accumulated and increased their stake in the company," he added

Today Icar close at AUD 1.17. What price they going to sell? I'll be damn pissed if they sell below Carsales.com placement price of AUD 1.00 March this year.

rocky888: The 1.40 only an illustration price. The real disposal price will depends how much Rev can sell on the open market which is 1.16 now / off market disposal

Rocky888 : The whole market is dropping, Panic sale seen on every counter.

Cleverboy : From the bursa announcement, all attending shareholders agree on Rev selling Icar share. That's why we can see higher volume on Icar today.

Rev panic selling 0.94 ~ 0.97.

Icar still trading at 1.16. And we can see volume coming in.

Rev probably start selling the Icar share today in ASX. Just guessing.

I agree. Those Minority shareholders bought @ 1.30 and above will be screwed.

Lets see what happens on Wednesday, Hopefully good news

Methodmann : Yes I read that warren comment. However, we don't invest base on what others say. Better do some homework before investing.

He is just giving his own opinion, no right or wrong. Cheers. Congrats on earning $$ on Rev too.

Cleverboy : This coming Wednesday will be the EGM, hopefully we will know whether any buyer interested in Rev 27% stake. If sell in open market, it will be a disaster cause Rev holds around 52m shares. And Icar volume lately around 60k ~ 300k. How long will it takes.....

Icar is still trading at AUD 1.16 last Friday. Convert it back to RM , Rev Asia is worth at least RM 1.28. Why Rev is only 1.08 now? Because we still do not know if there is any buyer and the disposal price. Management just kept quiet.

Since carsales.com bought a 3% stake @ AUD 1.00 few months ago. I hope this is the floor price when the management dispose off the share later.

Following the market consultation which shall continue until 17 October 2014, CCS will decide on their acceptance or rejection of the Proposed Divestiture Commitment as well as the Proposed Commitments.

After 17 October 2014, CCS still need time to decide. So still some uncertainty.

The coming EGM will have confused minority shareholders attending it. Don't know who is the buyer, don't know what is the disposal price. And the management expect to pass the resolution. WoW !!!

REV back to 1.10 pre icar disposal announcement price. After one month there has been no announcement on any potential buyer on REV icar stake. Pity to minority interest shareholders that bought from 1.60 till 1.10. Good job to the management of REV. Learn something new this time.