Yes, ex-date coming, 28th Nov. See BURSA announcement today.

Hahaha ... What a feeling .... to have bought this counter. Once again thanks Setia2U.

My remisier's commented that he should have bought more earlier when it was RM4.8x! LOL.

If you go thru (subscribe) the rights by paying 20.0 sen, you will get one mother share and one warrant, so do your maths again, how much you earn?

Yes, buy now and very very likely it will go higher the next few days. Today close 27.0 sen already.

Getting higher closing price today, RM5.43, cantik!

If you study the rights proposal, the current price of 26.5 sen is very very attractive. Based on the proposal of rights 1 to 1 with 1 warrant at 20.0 sen, ex rights shd be around 22.0 sen, the OR will be easily 8.0 to 12.0 sen, so do your maths now.

Wow, bagus!

Good sign! Watch out for the announcement soon, the direct deal is more than 5% of total paid up, the buyer has become substantial shareholder and need to inform Bursa.

Thank you vbeh, I think the 200k I bought today could be from you. I am confident the good news is coming. Cheers.

Didn't break RM5.30 but at least stay steadily closed at RM5.25 for last 3 days, let's hope for next week before the EGM on 16th Nov, next Saturday.

Yes, that's right, time to buy again. I am back to this counter after selling in early October (cheated by uncle Sam on their shutdown and debt issues) and taking one month break from holding this stock, bought 100k at 73.0 sen this afternoon, betting on DTTB project.

The price will improve again when getting closer to ex-date.

Good trend today. Open high then profit taking, and then recover and closed higher at RM5.25, very good performance, shall see the price break RM5.30 of the recent high tomorrow, uncharted territory.

Setia2u: Can you share why is it so? And what is the purpose they seperate it to 2 ex-date?

Hi Setia2u. I am very happy to see the price movements of this stock, wonderful. Of course I purchased some to average up, not many sellers in the market, I bought from RM4.83 up to RM4.98, nice number! So what's your target price?

Managed to catch some at at RM4.75 and RM4.78 to day, some 20 lots. Thanks setia2u. The best part is after I bought, my remisier also join to buy at RM4.80, then I asked him why, he said that the market is so quiet, he has a lot of free time, then he studied this counter and 'fall in love with it' simply it is a defensive counter with a very good upside potential in November. Cheers.

Alright.... trading of OR is over today. Time to concentrate on mother share tomorrow onward, 35.0 sen in near future but before 21/11.

Guys, time to make a quick money next week from SUMATEC mother share!!! The reason is very simple..... Monday will be the last trading day of OR, means it is the last day for those who wants to do arbitrage and make some some 'sure profits' (by selling mother share and buying OR and go thru the subscriptions of rights). From Tuesday onwards, the price will continue to move up, bare in mind that currently it's only about 200 million actually listed, still a small number and easily push up again just to attract people subscribes to the rights, mind you, 35.0 sen is not a big problem!

not so strong yet..... wait until EGM date.

According to my reliable source, someone has been collecting this counter for almost 3 months since it was listed in end of June. In initially 2 months, he managed to get it cheap because of overhang shares from original MPHB shareholders and also share from OS renouncees, but now the research houses started to issue reports with higher TP of RM2.23, RM2.68, and some near RM3.00, he has no choice but to purchase at higher price as well, anything below RM2.00 is still fine with him!!

Hahaha... you guys are waking him up.... He must be lonely for long time after nobody interested in the forum of this counter.

No! 1000 unit OR entitled you 1000 unit mother share and 250 units Warrant-WB(new),

Based on closing price today of 33.0 sen, OR is theoritically worth about 20.0 sen, being 15.5 sen from mother share's price and 4.5 sen from the new warrant (assuming 18.0 sen), taking a discount of 10%, OR will be 18.0 sen easily.

More excitements will come from this counter!!!

Any catalyst for this counter to move up after ex-dividend today?

The first ever dividend (going EX on 9th Oct) after so many years is another indicator that the company is on the right path. Cheers.

The 1Q results will be surely good, besides the profits from their business operations, especially from Data and broadband business, there will be extraordinary gains from the disposal of treasury shares in July which will be accounted in 1Q results, the gain is estimated to be more than 1.5M!

I think most investors have the experience like me before --- After selling the stock at my target price (TP), the stock price keeps going up and up again and never come back to my selling price again, how???

53.0 sen? Why not lower? Ha ha ha .... make sure you guys don't jump in when it's 83.0 sen! Ha ha ha .....

Good results announced.... Moving higher expected!

FY13 4Q results is to be announced soon, with 6 market days left, we can expect it will be announced anytime from now. So VT definite knows something we don't know, if not, why he bought at such a high price?

I also bought some at 63.0 sen and some at 66.0, still holding on for next week. I am very happy we have a friend who keeps reminding us on the past result of this company, so that why we can always get back the share price at below 0.70 sen after selling, but this time around it will move past 70.0 sen easily.

I think this counter will eventually move up once Magnum gives up it special of 48.5 in September.

Still collecting.... that's why can't break 1.42. In fact, the seller Q is always high in volume with the intention of scaring off the potential buyers, like yesterday Selling Q at 1.45 is almost 5.0M.

Impartiality, what's your advice to those who still holding on their IVORY shares? Shall they sell? Please advise impartially.

Impartiality, yes, please advise what shares what to buy at this moments of uncertainty!

Yes, we need more people like impartiality here!!!

I almost bought this counter at 76.0 sen this morning, luckily I remembered what impartiality said in this column, if not, caught again!!!

Won't mind telling you guys, I bought this share before at 50 sen, got out after reading the comments here, thanks guys for the great infos. Cheers.

Impartiality, luckily to have you around to 'advise' the potential investors of IVORY, if not, more will be the victims.

HOVID-WB: at current price of 11.0 sen, it is still cheap with a premium of 11.5% and gearing of 2.4, if Hovid would to go up to 30.0 sen, then WB is about 15 sen or more. LOL. Soon and probably the coming week.

Setia2u, I share the same views with you. This stock has a very potential to go higher after they put their house in order. I think the new warrants listing on Monday 10th June provides good oppurtunity to ride on their roads of recovery with lower entry cost. If the HOVID-WB belows 12.0 sen, it is a steal!!!

Cash of RM1.80 per share!

Windfall coming next week when announcing result?

Perhaps a major corporate exercise is coming. Seen this before in earlier stage of some privatised stocks.

PWROOT : One of 42 stocks recommended by Cold Eyes, but it has not reacted positively with significant increase of price, just consolidate at around 1.51 to 1.52, one obvious scenario I noticed is that somebody is looking after this counter by preventing it from going up, whenever someone takes seller, this guy will sell to buyer! A sign of collecting!

if take the average PE of BURSA at 15.0, REDTone can easily go up to 80.0 sen. Somemore, some telcos have PE of more 20, then RM1.00 is achievable. Wow, sioknya ....... Please let me dream a bit...yes, with dreams come the reality, cheers.

Setia2u, from your earlier postings that I read, you bought at around this level too, so are you still buying?

Setia2u, you are right on share buy back. They are happily collecting at around 39.0 sen, and from today's announcement, the company didn't buy at 39.5 but the market traded big volume at 39.5, does it mean buying interest has built up? Let's see tomorrow.