Posted by Chong Jiunn Hau > 2018-01-12 11:19 | Report Abuse

Cooling down. It was not moving for 1 month in Dec, why so impatient now?

Posted by The_Reds > 2018-01-12 12:14 | Report Abuse

contra ppl will unload on next monday..long term player will hold till next qr

Posted by stockcode > 2018-01-12 13:50 | Report Abuse

play warrant better :D

Posted by Hafizam > 2018-01-12 23:25 | Report Abuse

relaxs2..overbought position alrdy..needs to warm down..

Posted by WY Chan > 2018-01-13 15:30 | Report Abuse

yeah yeah... over bought... more like pump n dump

Posted by pc_FA > 2018-01-13 16:26 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/01/13/reset-at-orion-ixl/

Posted by pc_FA > 2018-01-13 16:26 | Report Abuse

Worth to have a read.

Posted by pc_FA > 2018-01-13 16:37 | Report Abuse

Mohamed Nizam Abdul Razak, the brother of Malaysia’s Prime Minister Datuk Seri Najib Razak, has been a long time shareholder of the company. He has been in Orion, or CWorks, from the early days of 2005.

Back then Nizam was a substantial shareholder, holding above 5%, before subsequently reducing the stake over the years.

When Orion’s 2016 annual report was released last year, Nizam held 4.45 million shares, or a 3.34% stake, in the company as of March 31, 2017.

Then as of Nov 15, 2017, Nizam now has 11.8 million shares, although that stake has been diluted to 2%.

The dilution could likely be due to a rights issue exercise undertaken by the company to raise some RM79.2mil early last year.

Orion’s corporate exercise consisted of a renounceable rights issue of 465.85 million new rights shares, together with 232.93 million warrants on the basis of seven rights shares for every two exiting Orion’s shares.

This came with one free warrant for every two rights shares subscribed. The rights shares were priced at 17 sen.

As for Orion’s shareholding changes, there have been plenty of movements in the last few months.

In October, Orion’s co-founder and chief executive officer (CEO) Abdul Rani Achmed Abdullah ceased to be a substantial shareholder in the company, after disposing of a 6.34% indirect stake.

Orion non-executive director Yahya Razali has also been steadily reducing his stake in the company since October too. From a stake of some 24.38% in Oct, he now has some 12.2% as of Dec 22, 2017.

Another director, Adnan bin Zainol, has also been disposing his stake.

From a stake of 4.89% or 29.3 million shares, he has since been selling down his shares. On Dec 7, he sold 18.28 million shares via an off market transaction, leaving him almost with no more shares anymore.

Perhaps they were making way for new shareholders, one of whom is Orion’s new CEO, Mohd Shaharul Mohd Shariff (pic).

Another new shareholder appears to be ASM Mara Trust Management Bhd, which emerged with a 5.14% stake after it acquired 20.86 million shares on Oct 31, last year.


Read more at https://www.thestar.com.my/business/business-news/2018/01/13/reset-at-orion-ixl/#ghFTZvuiZyLsEvMC.99

Posted by pc_FA > 2018-01-13 17:45 | Report Abuse

http://klse.i3investor.com/m/blog/kianweiaritcles/125639.jsp

Posted by arcadicus > 2018-01-13 20:06 | Report Abuse

Orion is now the largest CMMS provider in Malaysia and its asset size will increase by RM78.3mil.

In terms of balance sheet, Orion is looking better, with cash of some RM5.5mil and no borrowings.

In addition, ASAP has an orderbook value of RM11mil, which is deliverable in the first year.

To date, Orion is the only listed CMMS company on the Ace Market of Bursa Malaysia.
In an interview in July last year, Shaharul said the company was tendering for 20 projects, which have an estimated total contract value of RM11mil to RM15mil. It is also looking to establish a presence in Indonesia and Philippines.


Read more at https://www.thestar.com.my/business/business-news/2018/01/13/reset-at-orion-ixl/#L4eUqxdHmzVyXc2F.99

Posted by Choon Soo Tan > 2018-01-13 20:15 | Report Abuse

Monday will goreng up again, tp 20sen

Posted by The_Reds > 2018-01-13 20:45 | Report Abuse

If u all think Orion will be goreng up bcoz of Nizam, u better think twice..he has been holding the shares since 2005 and now only has 2%, this uptrend shouldn't be related to him, The Star just purposely want to mention his name in the news

Posted by Hitman > 2018-01-13 21:17 | Report Abuse

hopefully monday will not sell on news because this is an old news..

Posted by Vivo > 2018-01-13 21:36 | Report Abuse

RM 11 million order book 1 year; 1 qtr RM 2.75 million revenue; less than last qtr QR RM 3.969 mil.
http://klse.i3investor.com/servlets/stk/fin/0079.jsp

arcadicus Orion is now the largest CMMS provider in Malaysia and its asset size will increase by RM78.3mil.

In terms of balance sheet, Orion is looking better, with cash of some RM5.5mil and no borrowings.

In addition, ASAP has an orderbook value of RM11mil, which is deliverable in the first year.

To date, Orion is the only listed CMMS company on the Ace Market of Bursa Malaysia.
In an interview in July last year, Shaharul said the company was tendering for 20 projects, which have an estimated total contract value of RM11mil to RM15mil. It is also looking to establish a presence in Indonesia and Philippines.

Read more at https://www.thestar.com.my/business/business-news/2018/01/13/reset-at-...

Posted by emil > 2018-01-13 21:45 | Report Abuse

apparently this writer and his gang already loaded full prior to this news released...and they will sell big when retailers jump in to buy on monday....this Orion is just another typical pump and dumb stock.

Posted by pc_FA > 2018-01-13 23:01 | Report Abuse

If I remember correctly, MARA seems like to "invest" at "penny stock"?
http://www.theedgemarkets.com/article/pelaburan-mara-ceo-denies-raid-sc

Posted by pc_FA > 2018-01-14 00:52 | Report Abuse

In term of FA,

"ASAP has an orderbook value of RM11 milion, which is deliverable in the first year."

As refer to Audited FYE 2014 which revenue is 10.5 million, PAT is 6.8 million, GP 70.6% and PBT margin 64.6%.

With the guarantee PAT of RM7.5 million a year, Total Number of Share is 598.96 million and eps around 0.125.

In terms of balance sheet, Orion is looking better, with cash of some RM5.5mil and no borrowings.

The company was tendering for 20 projects, which have an estimated total contract value of RM11mil to RM15mil. It is also looking to establish a presence in Indonesia and Philippines.

ASAP Berhad is a Multimedia Super Corridor company and enjoy 100% tax exemption on their statutoly business income.

Posted by pc_FA > 2018-01-14 08:20 | Report Abuse

Old news that worth to have a read,
http://www.theedgemarkets.com/article/orion-ixl-expects-return-profitability-2018

Posted by The_Reds > 2018-01-14 11:03 | Report Abuse

Orion is a turnaround counter, hold and u will win big

Posted by wizard_of_finance > 2018-01-14 14:34 | Report Abuse

write-up on orion - https://klse.i3investor.com/blogs/wiz_of_finance/144185.jsp

Posted by Hafizam > 2018-01-14 15:16 | Report Abuse

guys..i dont think orion just a pure goreng stock..this one worth to hold..

Posted by Choon Soo Tan > 2018-01-14 15:21 | Report Abuse

Even Icon8888 also recommend this counter to his subscriber. This stock will fly....

Posted by Choon Soo Tan > 2018-01-14 15:22 | Report Abuse

http://klse.i3investor.com/blogs/icon8888/144193.jsp

Posted by AlexanderPearce > 2018-01-14 16:00 | Report Abuse

something fishy here why only now Icon8888 recommend this stock after sudden up...probably he bought up there and try to get out and then promote this stock so can get out safely with his subscriber using this old news..haha..

Posted by AlexanderPearce > 2018-01-14 16:15 | Report Abuse

where's write up from Icon8888..now we can see true colors of yours..come out of recommendations after stuck? tomorrow T+3 then T+4..try to get out?

Posted by Jason Teoh > 2018-01-14 19:28 | Report Abuse

In or out decision much depend on u. Price up or down not because of 1 comment here. As a smart trader, u need to know how to study and do own research. Comment here it just for a reference. No need to take it so serious.

Posted by Hitman > 2018-01-14 21:54 | Report Abuse

please stop all dispute..nobody know what will happen..we want peace here..go sleep see you tomorrow..

Posted by The_Reds > 2018-01-14 22:16 | Report Abuse

Hitman..just let them talk, it's normal that whenever the price shoot up so fast then all sorts of comment will come out..

Posted by Choon Soo Tan > 2018-01-14 22:54 | Report Abuse

It is OK for everyone to comment here freely. I dont really care on others comment as i dont trade based on ppl's comment.

Also we as a trader, we are responsible for all the trades we made, instead blaming ppl for our own decision.

Posted by mancingbursa > 2018-01-15 09:52 | Report Abuse

Icon8888 won't do the stupid thing for tempo ! Do you red eyeness?

AlexanderPearce where's write up from Icon8888..now we can see true colors of yours..come out of recommendations after stuck? tomorrow T+3 then T+4..try to get out?
14/01/2018 16:15

Posted by Younglearner > 2018-01-15 10:33 | Report Abuse

what happened to orion?

Posted by Hitman > 2018-01-15 10:50 | Report Abuse

sell on old news

Posted by steward > 2018-01-15 11:05 | Report Abuse

Buy.buy buy

Posted by Explode > 2018-01-15 12:56 | Report Abuse

stay tuned, collect as more as you can. Morning Orion wa eat all 0.095, sharks test the t3 t4 selling pressure.

Posted by BlackWhite > 2018-01-15 19:06 | Report Abuse

I don't see it climb like monkey slow walk only it is a trap

Posted by caven > 2018-01-15 20:23 | Report Abuse

1. Following the acquisition of ASAP, Orion is now the largest CMMS provider in Malaysia !!

2. The acquisition, which came with a price tag of RM73mil, comes with a profit guarantee of RM7.5mil per year, for two years.

3. In addition, ASAP has an orderbook value of RM11mil, which is deliverable in the first year.


Q4'17 will be definitely improving Q-o-Q, and so does FY2018.

Posted by Explode > 2018-01-16 09:51 | Report Abuse

today is the last day collect low.

Posted by Hitman > 2018-01-16 10:15 | Report Abuse

don't forget T+7

Posted by Explode > 2018-01-16 11:28 | Report Abuse

Any special for T+7 ?

Posted by Hitman > 2018-01-16 11:36 | Report Abuse

some brokers got force selling on T+7

Posted by Explode > 2018-01-16 12:39 | Report Abuse

“Some” that’s mean few only. Selling pressure still well absorbed

Posted by NoPainNoGain > 2018-01-16 12:46 | Report Abuse

This seems interesting.

Posted by Bryant Teck > 2018-01-16 14:29 | Report Abuse

what mean t +7

Posted by Kenneth Lim > 2018-01-17 11:32 | Report Abuse

so now what news?

Posted by Edric Soh > 2018-01-17 13:14 | Report Abuse

no news is good new buy on rumous sell on fact

Posted by Younglearner > 2018-01-17 15:04 | Report Abuse

can't sell, keep dropping

Posted by Younglearner > 2018-01-17 15:04 | Report Abuse

what happening to this stock?

Posted by Ivan Chan > 2018-01-17 17:39 | Report Abuse

run run

Posted by shermen wenn > 2018-01-17 17:44 | Report Abuse

y run?

Posted by wwwin > 2018-01-17 21:41 | Report Abuse

Need to hold again?!
:(