Posted by 5354_ > 2018-12-14 09:26 | Report Abuse

Why most active? No1 in i3 talk?

Posted by andychay6124 > 2018-12-14 09:29 | Report Abuse

Big player try to goreng

Posted by andychay6124 > 2018-12-14 09:30 | Report Abuse

To attract water fish masuk

Posted by andychay6124 > 2018-12-14 09:31 | Report Abuse

But no money to goreng up. Only right in left out, then left in right out

Posted by okteak > 2018-12-14 09:37 | Report Abuse

Haha, ya attract water fish like me masuk Liao ... sign

Posted by andychay6124 > 2018-12-14 17:25 | Report Abuse

Waiting at 7.5 or 8 sen. Wont shoot up now. Have to waiting RI approves

Posted by Investgaogao > 2018-12-15 17:31 | Report Abuse

Please against right issue ! the management cost is unspecific in the report and the cost of development too high.

Posted by SKH_ > 2018-12-16 20:38 | Report Abuse

Why never attend EGM? Too late now to against RI. Prepare bullets when ex-date announce.

Investgaogao Please against right issue ! the management cost is unspecific in the report and the cost of development too high.
15/12/2018 17:31

Posted by SKH_ > 2018-12-16 20:38 | Report Abuse

2288 why must comment? Tomorrow 8.5 sen pls sell. I want to collect more.

Posted by birkincollector > 2019-01-09 12:12 | Report Abuse

lol...everyday tidur

Posted by Vortex_ > 2019-01-12 06:00 | Report Abuse

Pls come here more often those got shares. Almost every ctr moving bec they got many promoters but not here.

birkincollector lol...everyday tidur
09/01/2019 12:12

Posted by Investgaogao > 2019-01-30 01:09 | Report Abuse

luckily didnt right issue !

Posted by Anthonyloh > 2019-01-30 15:28 | Report Abuse

Investgaogao, Right Issue cancelled?

Posted by Saint > 2019-02-01 10:28 | Report Abuse

Rights issue will be next after consolidation

Posted by Investgaogao > 2019-02-08 20:52 | Report Abuse

yeah.. temporary no right issue due to the acquisition of the property developement company close down ad.

Posted by Investgaogao > 2019-02-08 20:53 | Report Abuse

not close down sorry. should said cancelled ad

Posted by SKH_ > 2019-02-28 16:11 | Report Abuse

Why cannot change CFO? Hire Orion CFO.

Posted by satha44 > 2019-03-22 20:58 | Report Abuse

Something cooking...

Posted by satha44 > 2019-03-25 19:40 | Report Abuse

Something cooking

Posted by birkincollector > 2019-03-25 19:44 | Report Abuse

indeed...

Posted by commonsense > 2019-03-26 14:38 | Report Abuse

In the past 10 years this company only managed to deliver a full year profit in FY17 and in FY18 and even that its was only a small RM1.5mil and RM800k respectively. For 9m19, the company only managed to deliver a profit of RM100k to its shareholder.

Even if the company managed to rebound back and record a profit similar to FY17, at the current share price, the company is already being valued at a lofty 33.3x PE.

If you are looking to hedge your portfolio outside of Vortex Consolidated (due to its weak earnings outlook and relatively high valuation), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.4x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.3x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by birkincollector > 2019-03-27 12:19 | Report Abuse

curi curi naik....apa good news?

Posted by Erie > 2019-03-27 13:23 | Report Abuse

Come on slowly push to 20cent

Posted by Backwardthink99 > 2019-04-05 09:44 | Report Abuse

PWF (7134) faster buy before it goes up to 0.95

Posted by Manteh110 > 2019-04-09 14:14 | Report Abuse

This stock can buy or not ?

Posted by hklcheng > 2019-04-10 09:17 | Report Abuse

y Suddenly close at 185 but open at 16sen today?

Posted by Manteh110 > 2019-04-10 09:21 | Report Abuse

I also don't understand , I lost RM14000

Posted by Manteh110 > 2019-04-10 09:21 | Report Abuse

Just sell

Posted by hklcheng > 2019-04-10 09:43 | Report Abuse

mcm got right issue

Posted by Erie > 2019-04-10 11:47 | Report Abuse

Yeap there is right issue and today is the ex date for the entitlement

Posted by Manteh110 > 2019-04-10 14:19 | Report Abuse

What is right issue ?

Posted by Manteh110 > 2019-04-10 14:21 | Report Abuse

Yesterday buy 0.195 today sell 0.16 , lost 14000

Posted by Erie > 2019-04-10 18:15 | Report Abuse

U get to subscribe new shares at 0.15 and warrants at0.05..check annoucement for further details

Posted by Manteh110 > 2019-04-10 20:29 | Report Abuse

@Eric 请问你讲的新股是免费给我的吗？我刚玩，还不是很明白，谢谢你

Posted by kenie > 2019-04-15 10:16 | Report Abuse

RENOUNCEABLE RIGHTS ISSUE OF UP TO 914,828,766 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN VORTEX CONSOLIDATED BERHAD (FORMERLY KNOWN AS SKH CONSORTIUM BERHAD) ("ICPS") ON THE BASIS OF 3 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE IN THE COMPANY OR"SHARE HELD AS AT 5.00 P.M. ON 12 APRIL 2019 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.05 PER ICPS ("RIGHTS ISSUE OF ICPS")
Kindly be advised of the following :
1) The Right commence of trading : 15 Apr 2019
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :16 Apr 2019 3) The last day and time for Acceptance, Renunciation andPayment : 29 Apr 2019
4) The Rights cessation quotation : 22 Apr 2019

Posted by KH8668 > 2019-04-15 11:52 | Report Abuse

If VC-PR got strong support at 0.005, (0.005+0.05)x3 = 0.165. Mother share should be more than 0.165 or those subscribe PR will loss money. If mother share worth 0.165 meaning right issue price 0.15 + OR , very good chance to make money

Posted by Voon Yee > 2019-04-15 14:33 | Report Abuse

When will we receive the letter how much we entitle? By this week?

Posted by KH8668 > 2019-04-15 17:35 | Report Abuse

By this week should be able to receive OR and PR form. Actually the shareholders already got their entitlement today. For 1000 shares got 200 units OR and 3000 PR. Buy mother today not entitled for OR and PR

Posted by Voon Yee > 2019-04-15 22:32 | Report Abuse

Hi KH8668, yup, entitlement reflected at my account already. thanks for your info ! : )

Posted by PH_better > 2019-04-16 04:09 | Report Abuse

Change in Boardroom
VORTEX CONSOLIDATED BERHAD

Date of change 15 Apr 2019
Name MR LIM KIAN BOON
Age 51
Gender Male
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Appointment
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Professional Qualification
ACCA
ACCA
2
Degree
Accountancy
Emile Woolf College

Working experience and occupation Mr Lim Kian Boon kicked off his career with HSBC Bank Malaysia Bhd in 1994 under its Regional Officer recruitment programme. During his tenure in HSBC, he served as the Officer In Charge in Current Accounts and Credit Administration in Kuala Lumpur and Sabah.

He then joined CIMB Investment Bank Bhd (CIMB) in 1997 and was involved in loan syndications and project financing work. During the Asian Financial Crisis, he honed his credit skills through his indepth involvement in corporate debt restructuring work. In the course of his service, he was involved in restructuring a number of high profile cases under the auspices of Corporate Debt Restructuring Committee (CDRC). From 2000 to 2011, he was a member of the pioneer team in CIMB that developed and grew CIMB into a leader in the Malaysian and regional debt capital markets. He has substantial experience in capital markets deal origination, execution and marketing, both in Malaysia and in the region.

Following that, Michael joined Maybank in 2011 as the Director of Client Coverage under International Business for Global Banking where he was responsible for defining the business strategies and implementing cross border initiatives for driving the regionalisation of the global banking business across 19 countries where Maybank has presence.

Michael was actively involved in the set up and operationalisation of the global account operating structure in all countries across the region, building a team of experienced bankers and local business specialists who understand local country needs and regulatory requirements and are accountable to grow the global banking business in region and across all markets. Within Transaction Banking, he was responsible in the regionalisation of its businesses and bringing trade, treasury and cash management solutions and products to the Bank's clients.
Directorships in public companies and listed issuers (if any) Nil
Family relationship with any director and/or major shareholder of the listed issuer Nil
Any conflict of interests that he/she has with the listed issuer Nil
Details of any interest in the securities of the listed issuer or its subsidiaries He is a Director and Shareholder of Goodwill Valley Sdn Bhd, the substantial shareholder of Vortex Consolidated Berhad.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6126821

Posted by Ellen Tam S C > 2019-04-16 09:20 | Report Abuse

anyone know when is OR & PR expiry date?

Posted by newbie5354_ > 2019-04-16 11:21 | Report Abuse

When can convert PR to mother any1 know?

Posted by Erie > 2019-04-16 11:46 | Report Abuse

Do u smell what VC is cooking?lol

Posted by newbie5354_ > 2019-04-16 11:51 | Report Abuse

Bankers inside so can cook?

Posted by newbie5354_ > 2019-04-16 12:00 | Report Abuse

Myself newbie also nobody bother to answer.

Ellen Tam S C anyone know when is OR & PR expiry date?
16/04/2019 9:20 AM

newbie5354_ When can convert PR to mother any1 know?
16/04/2019 11:21 AM

Posted by KH8668 > 2019-04-16 12:39 | Report Abuse

Friday is last trading day for OR & PR. Payment must reach registrar by 29 April. Preference shares can convert to mother any time within 5 years from listing date

Posted by newbie5354_ > 2019-04-16 13:23 | Report Abuse

KH8668 thanks for your info. Why so many throw PR 0.005?

Posted by KH8668 > 2019-04-16 17:08 | Report Abuse

PR + 5 sen = VC-LA, no free warrant and 3VC-LA can convert to 1 VC
0.005+0.05 x 3 =0.165, if VC below 0.165 then will loss money
Normally people prefer exercise (rights) with free warrant
OR if purchase @0.05 + exercise price 0.15 = 0.20 (cost), got 1 free warrant
If listing price VC =0.165, probably warrant can sell 5-7 sen (total 0.165+0.06=0.225, 0.165+0.07=0.235, still got profit

Posted by hklcheng > 2019-04-16 21:29 | Report Abuse

i understand OR...but not understand of PR...any sifu here can show a guide?...tqvm

Posted by AlfI3 > 2019-05-01 04:05 | Report Abuse

Ya lor, any sifu can guide on PR scenario pls pls