If taking private offer price must be 10% above asset per share i.e. offer price should be RM2.2/share.

I suggest not revealing too much on this forum. The syndicates use the info to counter our expectations - a sort of contrary play. Learn to read the charts. They can only move the counter to an extent but not against the fundamentals for long.

Go by the charts friends and you won't go wrong.

Bargain hunting now, despite occasional warnings from syndicated bears?

Bullish closing today.

Selling pressure absorbed?

Big spike up coming...?!

Or day traders unloading..

Syndicate trying to keep down price.

And remember, if Miss Universe wants to seduce you, she will always put on the best makeup to cover her warts and convince you, especially as to how beautiful she was in the past. HaHaHa! Be careful!

Someone once said to me something I consider very wise: "Everyone has an agenda, even your mother"! So be careful when evaluating info, especially stock 'tips'.

And those who have lost money, please don't be silenced by being mocked as a 'loser'. Your opinions are relevant and the lessons learnt can be shared. We are not losers all the time nor winners all the time, not even hng33 and our sifu OTB! Only if we fail to learn from both our failures AND success, will we likely to become permanent losers!

Even hng33 may be a 'front runner'!

hng33, There are indeed con-men around. To all investors, use your judgement. And don't just blindly follow and 'sifus'. Learn to read charts and finance data. Most 'sifus' (and I am not referring to OTB) have already bought into the stock when they recommend with a high TP. They will unload when the price is pushed up. They may even be paid to hype up the price by the directors of some companies. In fact for any paid 'stock advisors' who also trade and recommend the stock they have bought, they are ethically in a conflict of interest situation already. So use your discretion!

Here comes the syndicated sell-down!

Selling pressure again absorbed!.

Support held strong at 37.5 sens!

Selling pressure well absorbed!

There appears to be a big fight between two syndicated bull and bear now ongoing! Selling versus buying pressure. Hope the bull wins!

Stock price holding up well despite selling pressure since yesterday.

@radzi. Thanks for the analysis. Yeah, TF needs to answer!

Warrant holders no need to convert if bonus announcement because they also get bonus warrants in same proportion!

Closing at 31 sen today?

@jjasonlim. What is the announcement? Please give link. Thanks.

It's a stochastic buy now, also powered by oversold pressure. The underlying upward pressure: Vivocom's both revenue and net profit have increased multiple fold fromlast quarter. It is also continuing to top up its order book. It is benefitting from its association with Chinese construction companies.

Price appears at its nadir. Its key property development division has recovered from a loss last quarter, although still affected by the depressed Johore-Iskandar property market. It's investment property's income is steady at about RM20M per quarter before tax. I do not expect the Johore-Iskandar property market to go down further. With the high-speed rail in the pipe-line, it's expected to give the RE market in Johore-Iskandar a filip within a year.

It may or may not try to close the gap at 36 sens; however, it is unlikely given today's strong upward pressure.

Some syndicates are still trying to press the price down for collection purposes, but it is likely going against the tide!

@radzi. Good analysis. But how did the RM22 million forex gain came about from last quarter? Is it due to forex gain from sale of tickets in USD or just from reduction in maintenance and lease costs?

Next push up coming..!

AAX is making lots of money and it will continue to make lots of money for the rest of the year due to the hedge on jet fuel price - which at USD54 is only slightly above the Brent crude price of USD48/barrel. But at USD54/barrel, AAX is expected to sustain its profits at least till the end of the year.

It's a hold to maximise for upside because its fuel cost is fixed for the whole of 2016. Fuel is the main cost in air transport business.

@KitKat88. Where you get info on AAX fuel price hedge? Can give link? Thanks.

Current sell-down likely to be caution pending results and/or syndicated tamp down for collection purposes!

Judging from the oil price in the quarter ending31/2/2016 being as low if not even lower than the quarter ending Dec 2015, the coming quarterly results are likely to be just as good if not better i.e. barring any unforeseen circumstances.

But Genting Bhd always come back to its ex-lovers..sooner or later!

hng33's new love is Genting Bhd - a very fickle lover and can dump him faster than he can dump her!

Many head honchos do not like their stock being used like a casino roller-coaster ball by share 'advisors' since this would degrade its reputation and deter real investors and therefore real aggregation of value in their stock. I have seen signs of stocks being deliberately tamped down after being recommended! So be careful!

No good reason for the sell off last few days. Profit has skyrocketed (mainly through its core construction division) and outlook for 2016 is very good with more contracts to fill up the order book in the pipe-line. The up trend is still intact.

Beware of stocks hyped up. Someone is trying to transfer your wealth to him/herself by setting high TP!

hng33, I agree with you. I am also in Genting. Good bargains now. Gamuda is now hype up a bit. Be careful.

The RE market in Johore Bahru is down. That's why. The deal to sell may be aborted ot delayed. Bandar Malaysia with Chinese participation is the attraction!

Quek's interest is in Bandar Malaysia, not IWcity. IWH is joint ventured with the Chinese!

Iwcity only got approval for sub-division. Also nothing to do with IWH/Bandar Malaysia. Todays run up is based on approval.

I am converting my warrants by then.

Yeah, hng33 super trader. I take my hat off to you!

I think hng33 bought too soon or did he? Today's a Friday and there is a gap 82.5 - 85.5 to close! We shall see.

Strong buying at 32 sens. North is likely the direction tomorrow!

Collectors at 31.5 sen.

What ever sifus there are, assume that in the face of 'cash is king' they WILL transform rapidly to bare-faced unconscionable, unblinking liars!