All quiet now :D

cheoky, you're right. People buying here based on PDR (Price to Dream ratio) :D

My prediction: more shark's lunch today. :DDD

PNB is acting like a shark recently, kept selling.

Shark’s lunch everywhere. Mana RM30? :D

SDR245, contract value of RM14.4M is a small contract (over 2 years period, actualy 7.2M per year) compared to HTPadu full year 2017 revenue of RM427M. Only around 1.7% of its annual revenue.

Don't be so naive, Richard. One billis is small but the combined mass of many billis is huge.

Have you ever seen video of small fish like sardine flocking together to form a big group & attract big fish to eat them?

When the billis-billis flocking together attracted by good news, the sharks are already waiting for them & have a big feast!

RIP billis-billis ... my condolence.

Failed windows dressing!

Likely Windows dressing like end of last year - jumped from 1.42 to 1.83. :D

Don't brag, I saw you trying to talk down Supermx price before market open after GE14 and you failed miserably. :D

Typical speculators - bought then promote & talk up price, sold then demote & talk down price. :D

You really think you can influence the market by talking here? There are so many forums, facebook, tweeter, whatsapp discussion groups, you need to post in all of them to be effective. :D

EPF buying?

EPF: Positive outlook after smooth transition
https://www.thestar.com.my/business/business-news/2018/05/14/epf-positive-outlook-after-smooth-transition/

The Employees Provident Fund (EPF) remains optimistic about the long-term outlook of the economy following the formation of the new government.

In a statement, EPF said it anticipated that any potential short-term market dips would provide opportunities for further investments in the domestic markets.

Short sellers now have heart attack already. :D

This morning price movement proof 2 points:

(1) Market is full of surprises.
(2) Short term price movement is random & unpredictable.

It is silly to base your investment decisions on political events.

Who knows, maybe Thai already make a big donation to PH & now a secret crony of PH already. :D

A big donation to PH will fix everything! It's easy to be a new crony. :D

With uncertainty of election, it is wise to minimise your risk. If you sell all your shares, there is a chance that you may miss the rally if BN wins. However, if you keep all your shares, you may suffer if PH wins.

If you think BN has 60% chance of winning & PH has 40% chance of winning then you may allocate 60% of your portfolio as shares & 40% as cash. Then if BN wins, you won't miss out on the rally. If PH wins, your 40% cash can pick up cheap stocks.

By the way, do not care about what other people say. You should think of you own pocket & vote accordingly. :D

http://www.enanyang.my/news/20180502/%E5%A4%A7%E9%80%89%E8%B5%84%E8%AE%AF%E4%B8%BE%E4%B8%80%E5%8F%8D%E4%B8%89%E9%BA%A6%E4%BC%A0%E7%90%83/

You sold already & now you want to talk down the price? :D

Superman is slow but steady today. Need more power. :D

QR out already but revenue = 0 and Net asset at Dec 17 is negative! Ridiculous! What a joke!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5771909

Why so quiet? Probably yesterday most of the speculators already cut loss until no tears already. Speculators usually have no holding power & hence have to cut loss.

For long term investors, we will probably hold or accumulate on weakness if haven't buy enough. Would be even better if you sell a bit to take small profit along the way.

Speculators earn peanuts but risk losing a factory. :D

To superbull11: Reading back my old comments, I found that I did comment on Supermx thread from Apr 30, 2013 to May 2, 2013. Too long already & I forgot about that.

Did I started buying in 2013? I don't know, lost track of it. All I remember is I've been investing in Supermx for a long time. :D

---------------------------
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD

May 2, 2013 04:16 PM | Report Abuse

Hahaha, Thai must have a crystal ball to see that "new Pakatan Rakyat government goes to Putrajaya". If the results are the other way round, there are many ways BN government can make a business suffer!

...

Stock: [SUPERMX]: SUPERMAX CORPORATION BHD

Apr 30, 2013 02:57 PM | Report Abuse

EPF sold 3M shares on 18/4/13 & ceased to be a substantial shareholder (i.e. < 5% shareholding). After that, they don't have to declare their dealing anymore. Hence there is no way we can tell whether EPF is still selling.
-----------------------------

Shhhh, don't let the stock gods hear you :D

I am wondering why superbull11 think that “when someone start commenting, he starts buying”, … hmm … Oh, I know why. He must be thinking of his own practice: buy, talk up price, sell, talk down price, buy, …. :D

I created this id mainly to oppose those promoters who try to mislead newbies by promoting rubbish stocks. Read my previous comments then you will know. If this makes me a low class ppl then so be it. :D

When I start comment in this forum is when I start buying? Weird logic! :D

I never said how much I entered, how do you know?
... Oh, I forgot you're a god, can see through what people do in private. :DDD

He is god mah. What he said cannot be opposed. Otherwise you will experience the wrath of god. /s

Where is our 'stock gods'? Gap never close!

Prediction failed miserably. Well, that's life.

Prediction is cheap & can be changed easily. Any new prediction? :DDD


Posted by superbull11 > Mar 6, 2018 04:33 PM | Report Abuse

today is not a good signal to go in , signal lines already cross over ,indicate a bearish cross over,if tomolo supermx go down , signal line will move downward again, stochastics RSI already slowly move downward , be careful , 2.45 become support now , if breakdown ,get away .
i suggest u all ' WAIT ' a clear signal only go in

Posted by Verndetta > Mar 6, 2018 05:43 PM | Report Abuse

Now still in bearish state, MACD yet to bullish crossover but RSI is at middle position. Soon, guys. Brace yourself for new bullish wave by next week. By the way, invest28, I already let go c33 @ 0.26 because these few days should be bearish a little based on chart. Prepare full cash next week guys! =]

Posted by Verndetta > Mar 7, 2018 03:12 PM | Report Abuse

Guys, brace yourselves. It is coming soon by next week (earliest). This week just observe and learn more of the company. Yes this is a good company, but of course we only want to buy low sell high. LAST WARNING, OBSERVE FIRST! If you have bought, fret not, you can choose to average down and regain next week. Just advice, I hold absolutely no responsibility of your activities in all share market.

Posted by superbull11 > Mar 7, 2018 03:25 PM | Report Abuse

u all better cabut fast , if buy below 2.50 , market no good , signal line and RSI stochactics lines all downward already ,all at bearish position , as I say today supermx need up close ,if not , all signal will point down

Posted by superbull11 > Mar 7, 2018 07:29 PM | Report Abuse

pretty_life , u not yet cabut , if tomolo one long red candlestick ? how ? if continue 2 long red candlestick for 2 days , how to cabut ? chart wouldn;t cheap u all , if u all not believe , u all can continue to hold , on date 14/2/18 to 15/2/18 , there is a gap there , i think need to "CLOSE " , Supermx only can move up , guy all , if supermx below 2.33 following few days time , just ' BUY ' , u know why , because gap already " CLOSE "

tigerchew, the moral of the story is: If you gamble with TA, you may lose everything & become a beggar.

Good story f4f4!
Hope you don't mind I make a copy in my post.

-----------------------------------
Posted by f4f4 > Mar 8, 2018 08:24 AM

昨天在店內一邊吃雞翅一邊用手機看股票。一個乞丐進來乞討，我給他一塊雞翅後繼續看股票。
乞丐啃著雞翅沒走，也在一旁看著，
他說：「長期均線黃金交叉，KDJ數值底部反復鈍化，MACD底背離，能量潮喇叭口擴大，這股要漲了。」
我驚詫地問：「這個你也懂？」

乞丐說：「不懂我會有今天？」
-----------------------------------

Short term price movement is random & unpredictable. Long term price movement is based on fundamental.

Prediction is cheap. What's more, it can be changed easily! :D

Random Walk theory: "stocks take a random and unpredictable path."

Many 'stock gods' think they can predict the market but most of them fail.

As I expected, MSports has become PN17 due to auditor's disclaimer of opinion!

PRACTICE NOTE 17 / GUIDANCE NOTE 3 FIRST ANNOUNCEMENT
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5601505

The Board of Directors Multi Sports Holdings Ltd (“MSPORTS” or “the Company”) wishes to announce that the Company has triggered the prescribed criteria pursuant to Paragraph 2.1 (d) of Practice Note 17 (“PN17”) of the Main Market Listing Requirements (“LR”) as based on the Audited Financial Statements for the financial year ended 31 December 2015, the auditors have expressed disclaimer of opinion in the latest audited financial statements for the financial year ended 31 December 2015 of MSPORTS.

Anomalies in Annual Report 2015:

The two Lin (executive chairman & CEO) are not cooperating with the auditors & the new directors! [1]

The new directors did not receive any support or funding from the company. In other words, they have no control of the company. [2]

The new directors have no access to the accounting books & records of the company! [3]

The new directors used the draft form of the 2015 audit previously prepared by Lin to complete the 2015 audit. [4]

The company didn’t pay the auditor, the company secretary & Registrar of Companies in Bermuda!
“the outstanding fees owed to the Auditor prevented the new directors from recommencing work to finalise the accounts. It was not until 8 September 2017 that the new directors were able to agree and secure funds for a settlement of fees due to the Auditor to allow works to continue.” [5]

There is no ‘Chairman’s Statement’, only ‘Non Executive Directors Statement’. This shows that the executive chairman did not participate in the annual report.

Total value of claims from the legal action against the subsidiary of the company is RMB 488 million! This is almost equal to the suspicious bank balances of RMB 496 million. [6]

References (from annual report 2015):
[1] Page 10 #14
[2] Page 10 #10
[3] Page 12, under “Inability to provide Statement on Company’s affairs”
[4] Page 11 #19
[5] Page 10 #12
[6] Page 10 to 11 #15

Annual Report – 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5599997

Page 8 to 9 of Report:
Read I. to XV. yourself, it shows that auditors have a lot of concerns on the accounting!

3. The Auditors have given a disclaimer of opinion in their report on the 2015 Audit highlighting the uncertainties summarized below:
…
V. Cash and cash equivalents - Inability to perform audit procedures on cash and cash equivalents in China in order to obtain sufficient appropriate audit evidence as to the existence of the bank balances in the current account amounting to RMB 496,480,000 as at 31 December 2015.


Disclaimer of Opinion (in Maxwell case, causing PN17):
A Disclaimer of Opinion, commonly referred to simply as a Disclaimer, is issued when the auditor could not form and consequently refuses to present an opinion on the financial statements. This type of report is issued when the auditor tried to audit an entity but could not complete the work due to various reasons and does not issue an opinion.
https://en.wikipedia.org/wiki/Auditor's_report

newbie5354, it is more than that. Remember, the fines are RM500 per market day for each delay of the financial statements (ie RM500 for each Annual Report & Quarterly report overdue).

The delayed reports are:
AR-Dec15, AR-Dec16, QR-Jun16, QR-Sep16, QR-Dec16, QR-Mar17, QR-Jun17

Hence for each market day, the fines increase by 500 x 7 = RM3500!

The number of reports overdue also increase every 3 months & every year!

The question is, if the two Lin refuse or unable to pay the fines, what can Bursa do? Can Bursa extradite them to be charged in a Malaysian court? Any expert in international extradition law here?

BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS MULTI SPORTS HOLDINGS LTD AND 5 DIRECTORS AND FINES 3 DIRECTORS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5590093

Lin Huozhi & Lin Liying are fined for RM1,656,000.

The fines imposed on Lin Huozhi and Lin Liying are computed as at 1 November 2017. A fine of RM500 per market day for each delay of the financial statements (subject to a maximum fine of RM1,000,000 for each financial statement) until the financial statements are submitted was imposed on Lin Huozhi and Lin Liying.

LOL. How can you buy/sell a suspended counter? If the mother shares are suspended, so are the warrants.
You sound more like a Kampung Boy to me :D

-------------
Posted by KL Boy > Oct 11, 2017 02:55 PM

The counter for Msports Warrant is open. Can key in to buy and sell but rejected. Why? Not open yet?

Unfortunately, warrants are going to expire. It will be worthless since exercise price is much higher than market price.

Expiry/Maturity of the securities
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567453

Instrument Type: Warrants
Exercise/ Strike/ Conversion Price: Malaysian Ringgit (MYR) 0.1800
Date & Time of Expiry: 09 Nov 2017 05:00 PM

What? Extension again? Will Bursa approves it? We shall see.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567745

The Board of Directors of the Company wish to further announce that the Company had on 9 October 2017 applied for an extension of time from Bursa Securities till 9 November 2017 for the issuance of the Annual Report 2015 for the financial year ended 31 December 2015 of which is pending for Bursa Securities’ approval.

3 deadlines for 3 conditions to be met to defer de-listing:

11 September 2017: condition (1)(a)
9 October 2017: condition (1)(b)
28 February 2018: condition (1)(c)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5534317

... after due consideration of all facts and circumstances of the matter including the oral presentation of the Company at the Listing Committee (“LC”) meeting held on 17 August 2017, the LC has decided:-

(1) To defer the de-listing of MSPORTS subject to the following:-

(a) the Company provides to Bursa Securities the duly executed RT LLP’s letter dated 21 June 2017 as evidence of the Company agreeing to the terms of the addendum within 2 weeks from the date hereof i.e. on or before 11 September 2017;

(b) the Company issues the annual report for the financial year ended 31 December 2015 (“the AR 2015”) within 6 weeks from the date hereof i.e. on or before 9 October 2017; and

(c) the Company announces / issues all the outstanding financial statements as at to-date (other than the AR 2015) within 6 months from the date hereof i.e. on or before 28 February 2018.

(2) To de-list MSPORTS pursuant to Paragraph 9.28 and 16.11(1)(b) of the Main LR in the event the Company fails to comply with any of the conditions set out at paragraphs (1)(a) to (c) above. In this respect, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 2 market days from the date the Company is notified by Bursa Securities or on such date as may be specified by Bursa Securities.

¯\_(ツ)_/¯

Companies that were delisted & relisted again are good companies that were privatised. Definitely not for this crooked company.

Where is coolchef? So quiet lately. Umm... must be eating too much sour lime recently. Too sour to talk :D

BAD NEWS! GAME OVER!

Notice to show cause on de-listing of the securities of Multi Sports Holdings Ltd
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5476657

The Company wishes to announce that the Company had on 3 July 2017 received a Notice to show cause on de-listing of the securities of Multi Sports Holdings Ltd from Bursa Malaysia Securities Berhad (“Bursa Securities”). Bursa Securities decided to reject the Company's application for a further extension of time as stated in the earlier Company’s letter dated 29 June 2017.

...

MSPORTS is required to make written representations supported by documentary evidence, if any, to Bursa Securities within (5) Five market days from the date of the above notice i.e on or before 10 July 2017, as to why the securities of the Company should not be delisted from the Official List of Bursa Securities.

In the event that Bursa Securities decides to de-list the Company, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 7 market days from the date of notification of the decision to de-list the Company or upon such other date as may be specified by Bursa Securities unless an appeal is made within the prescribed timeframe.

In the event Bursa Securities decides not to de-list the Company, other appropriate action/penalty(ies) may be imposed pursunat to paragraph 16.19 of the Main Market LR.

As usual, another broken promise by the toothless tigers. :D

I'm laughing at the promoters who initially thought that it was only a 2 months suspension & price will fly after that. :D

Who knows, if MSports keep delaying the AR & QR, we may see the 2nd year anniversary of suspension. :D

Today is the 1st year anniversary of suspension. Condolence to all the victims of MSports scam. :(

Sold my ioipg-or, think of it as a dividend. Will buy back ioipg only if the price is below my equivalent selling price. I hate to do all the paperwork in application.