ALDRICH RESOURCES BERHAD

KLSE (MYR): ALRICH (0079)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.03

Trading Volume

310,100


6 people like this.

8,136 comment(s). Last comment by simon6969 2 months ago

matg

997 posts

Posted by matg > 2019-09-24 17:09 | Report Abuse

brewing after flushing weak retailers..

moniekj

1,037 posts

Posted by moniekj > 2019-09-24 17:25 | Report Abuse

Cimb target price 0.33 is base on ASAP and Myazzahra only. Don't forget next year the deal with SME bank. Revenue start from coming q on will be better and better.

Drybz

50 posts

Posted by Drybz > 2019-09-24 20:45 | Report Abuse

This share is cycling from high to low then climb back up from low to high. Just matter of time if checking it’s record. But I taken profit first. Let see if break uptrend resistance or..

moniekj

1,037 posts

Posted by moniekj > 2019-09-24 22:05 | Report Abuse

Ya, it's con job. To con you to sell at rock bottom price. Hahaha...

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 01:12 | Report Abuse

KUALA LUMPUR: ACE Market listed company Orion IXL , which specialised in the fintech space, has first-mover advantage in the country as a pioneer in providing fintech solutions for non-bank financial institutions (NBFI) and related industries.

CIMB Equities Research said on Monday Orion's core competencies are big data, artificial intelligence and blockchain technology.
Read more at https://www.thestar.com.my/business/business-news/2019/01/14/orion-ixl-fintech-giant-in-the-making#qx1iMyv19gVoAF9Y.99

Orion has developed a fintech solution specialising in financial transaction management, using the latest technology such as big data, artificial intelligence (AI) and blockchain.

Apart from being applicable in finance-related industries, its core big data and AI engine can be independently used for various other industries. Orion is also involved in designing and retailing computerised maintenance management system (CMMS).


To recap, in Oct 2018, Orion got a big break in the big data and AI space when its 20%-owned Sukaniaga Sdn Bhd inked a service level agreement with MyAngkasa Holdings.

The agreement entails Sukaniaga providing a fintech end-to-end loan application and approval system called “MyAngkasa Az-Zahara” (MyAzZahra), MyAngkasa is a subsidiary of the ANGKASA, the apex organisation for the co-op movement in

Malaysia, with 14,000 co-ops and 6.5m members as at end-2017. Orion gets a fee of 1.275% on loans approved via MyAzZahra

CIMB Research said under the service level agreement, Orion’s unit Ganda Integrasi Sdn Bhd (GISB) will provide the MyAzZahra system to Sukaniaga.

For every loan approved via MyAzZahra, Sukaniaga is entitled to 1.5% of total loan amount approved, while Sukaniaga will allocate 85% of its billings (1.275% of total loan amount) to GISB.

According to Orion, the MyAzZahra system is based on blockchain and big data analysis, and will incorporate an in-house credit rating engine based on AI.

Over the next few months, the company plans to focus on the eight to 12 largest credit co-ops that are responsible for around 80% of total co-op lending nationwide.

By end-2019F, Orion aims for MyAzZahra to be linked with most, if not all, of the 12 largest credit co-ops in the country.

According to the Co-operative Societies Commission of Malaysia (SKM) the country’s credit and non-credit co-ops lent out RM6.7bn in 2017, comprising mainly personal loans to government staff.

Orion said that it aims for MyAzZahra to deliver pretax margin of 35%-40%.

CIMB Research said if the MyAzZahra fintech system handles RM1bil to RM5bin loan approvals for the co-ops over the next 12 months, Orion estimates this segment could record pretax profit of RM9.1mil to RM29.5mil in CY19F.
Read more at https://www.thestar.com.my/business/business-news/2019/01/14/orion-ixl-fintech-giant-in-the-making#qx1iMyv19gVoAF9Y.99

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 08:49 | Report Abuse

Go for Orion at 0.095

Boon Keng

2,201 posts

Posted by Boon Keng > 2019-09-25 09:39 | Report Abuse

Pmaster really need to improve ur knowledge. I buy every price level because is too cheap for me at this price. I happily harvest by now.

papaya

3,086 posts

Posted by papaya > 2019-09-25 09:44 | Report Abuse

ayoyo boon keng.....skali ciakap cutloss.....dua kali ciakap bye bye orion.....tiga kali ciakap orion con people.....sikalaang sulah ciakap banyak untuuung....kikikikikih

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 09:56 | Report Abuse

Not to sell now. 0.15 is imminent.

CrisYap

52 posts

Posted by CrisYap > 2019-09-25 11:10 | Report Abuse

What about their warrant ? Seems like not moving due to high premium

Posted by Lee Chong Xiang > 2019-09-25 11:48 | Report Abuse

from 0.045 to 0.06. its moving dude

Boon Keng

2,201 posts

Posted by Boon Keng > 2019-09-25 11:49 | Report Abuse

@papaya this is tactic. Or else how to buy at Low and sell at high? If I tell you all about my entry and exit then what I gain from you? Think properly before u make comment over here.

Posted by Serenevalley > 2019-09-25 12:11 | Report Abuse

WELL SAID PAPAYA, """ papaya: ayoyo boon keng.....skali ciakap cutloss.....dua kali ciakap bye bye orion.....tiga kali ciakap orion con people.....sikalaang sulah ciakap banyak untuuung....kikikikikih""""

Posted by bullstudent > 2019-09-25 13:57 | Report Abuse

12c then 15c soon

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 15:12 | Report Abuse

Strong buying interest. Next week may reach 0.15.

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 15:14 | Report Abuse

Send your lorries to park at 0.10. Quickly.

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 15:27 | Report Abuse

See after 4pm. Even stronger.

Posted by Lee Chong Xiang > 2019-09-25 15:30 | Report Abuse

good news release soon

ahwong

105 posts

Posted by ahwong > 2019-09-25 15:33 | Report Abuse

next resistance 0.12.

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 15:34 | Report Abuse

Wow...0.11. Go hut son at 0.065.

CKPAM

4 posts

Posted by CKPAM > 2019-09-25 15:40 | Report Abuse

More to come ^^

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 15:48 | Report Abuse

After 4pm another push to 0.115 for today. Hip hip hooray.

Posted by KengReturnsOneNight > 2019-09-25 15:48 | Report Abuse

Very goody

ahwong

105 posts

Posted by ahwong > 2019-09-25 16:00 | Report Abuse

0.115 omg omg omg. i huat ady.

Posted by bullstudent > 2019-09-25 16:03 | Report Abuse

0.15 only huat mah

ahwong

105 posts

Posted by ahwong > 2019-09-25 16:10 | Report Abuse

if 0.15 i earn 100% ady.

Posted by Lee Chong Xiang > 2019-09-25 16:11 | Report Abuse

i bought warrant 0.045

Boon Keng

2,201 posts

Posted by Boon Keng > 2019-09-25 16:21 | Report Abuse

Gogogo I sapu a lot of 4.5c warrant. This time huat

papaya

3,086 posts

Posted by papaya > 2019-09-25 16:26 | Report Abuse

ayoyo...suma claim beli 4.5sen....sapa yg beli 6sen....kikikikikikih

Posted by bullstudent > 2019-09-25 16:34 | Report Abuse

Let's go 15cents

Posted by Lee Chong Xiang > 2019-09-25 16:42 | Report Abuse

i will wait for the news out first before decide what price to exit. because seems like something is brewing

Posted by Serenevalley > 2019-09-25 18:08 | Report Abuse

something could be brewing, do not know yet. But this end month is end of Q3. Income should be coming.

Newbiesky

792 posts

Posted by Newbiesky > 2019-09-25 19:03 | Report Abuse

Saya beli warrant masa 8 Sens. huhu. still holding

Posted by bullstudent > 2019-09-26 08:49 | Report Abuse

Bursa to bounce back to 1600 today, see if it carries Orion up.

moniekj

1,037 posts

Posted by moniekj > 2019-09-26 09:14 | Report Abuse

Towards 0.15

moniekj

1,037 posts

Posted by moniekj > 2019-09-26 09:21 | Report Abuse

Early morning quiet. See after 10am or afternoon session. Today may reach 0.125.

xuxu

5,789 posts

Posted by xuxu > 2019-09-26 09:34 | Report Abuse

moneykj or moniekj ???? same person ?

xuxu

5,789 posts

Posted by xuxu > 2019-09-26 09:55 | Report Abuse

son more active than mom ?

ahwong

105 posts

Posted by ahwong > 2019-09-26 10:25 | Report Abuse

i sold son at 0.075...but i think still have further upside

shacarlos

348 posts

Posted by shacarlos > 2019-09-26 10:41 | Report Abuse

run!!! kekekek ;-)

Posted by bullstudent > 2019-09-26 11:28 | Report Abuse

Please retrace a bit for me to add more.

moniekj

1,037 posts

Posted by moniekj > 2019-09-26 11:58 | Report Abuse

Go sapu the seller 0.11. Prepare for afternoon session.

ahwong

105 posts

Posted by ahwong > 2019-09-26 12:07 | Report Abuse

surprising very less ppl take profit at 0.11...only 3m transaction

shacarlos

348 posts

Posted by shacarlos > 2019-09-26 14:40 | Report Abuse

kekekeke ;-)

ahwong

105 posts

Posted by ahwong > 2019-09-26 14:41 | Report Abuse

start pressing down again

xuxu

5,789 posts

Posted by xuxu > 2019-09-26 15:11 | Report Abuse

0.125 or 0.105 ? hahaha

xuxu

5,789 posts

Posted by xuxu > 2019-09-26 15:40 | Report Abuse

i believe just the minor profit taking. next week will be looking good

ahwong

105 posts

Posted by ahwong > 2019-09-26 15:49 | Report Abuse

27m boost to 0.11 yesterday. today only 7m transaction. typical pull back.

xuxu

5,789 posts

Posted by xuxu > 2019-09-26 16:59 | Report Abuse

@JacNyu hahahaha ! you don't have any orion why so angry ? this stock if goreng again can up very fast. worth to buy

xuxu

5,789 posts

Posted by xuxu > 2019-09-26 17:11 | Report Abuse

QES..., syndicate was selling at 0.195 early this week

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