Posted by NoPainNoGain > 2018-11-30 16:05 | Report Abuse

#facepalm

Posted by Anderu > 2018-11-30 16:06 | Report Abuse

*headshake

Posted by 45AMG > 2018-11-30 16:09 | Report Abuse

*sighhh

Posted by ozzie75 > 2018-11-30 16:10 | Report Abuse

How did you all end up buying this counter?

Posted by NoPainNoGain > 2018-11-30 16:13 | Report Abuse

Me because they bought Asap.
I thought this going to be a turnaround comp.

Posted by ozzie75 > 2018-11-30 16:16 | Report Abuse

Keep your fingers crossed. Hopefully the management didn't oversell the company in their recent story lines.

Posted by shorttermtrader > 2018-11-30 16:16 | Report Abuse

OMG like last qtr result announced at very last minute again ... sigh!

Posted by ozzie75 > 2018-11-30 16:29 | Report Abuse

well...is supposedly to be doing better with the profit guarantee of 7.5m each year over the next 2 years. How good is the management...hmmm....nothing to look at for now to comment. Hopefully, it is not a situation when the shareholders cough out 53m (assuming profit guarantees not met) for an ASAP that is not worth the price tag.

Posted by 45AMG > 2018-11-30 16:40 | Report Abuse

some of our frens here stuck in freezer for quite sometimes, hope all of u will be released soon..

Posted by moneykj > 2018-11-30 17:37 | Report Abuse

My counters, Permaju just announced a turnaround q. Ewein also announced better qoq n yoy. Hope this Onion can give me another good q.

Posted by ozzie75 > 2018-11-30 17:47 | Report Abuse

They had just reported a profit of slight over 1m, out of which 70% are mainly due to write-back of provisions and the balance 30% are operating profits. The 7.5m profit guarantee from the ASAP acquisition doesnt seem to surface or is it due to what they attribute as project delivery delay?

Posted by NoPainNoGain > 2018-11-30 17:50 | Report Abuse

Bad result..now the price will stuck below 10 cents until next qr at least.

Posted by moneykj > 2018-11-30 18:11 | Report Abuse

Depend on how will next q doing. Only insider will know. Market is always looking forward. That's why its price moving up slightly after last bad q. They foresee this q will have small profit. Base on chart plus fundamental, next could be sideways in 0.085-0.10 before it decide the direction.

Posted by ozzie75 > 2018-11-30 18:11 | Report Abuse

Turnaround would take a couple of years. Hopefully the management is not a pack of con artists who glossed the ASAP deal diabetically...

NoPainNoGain Me because they bought Asap.
I thought this going to be a turnaround comp.
30/11/2018 16:13

Posted by ozzie75 > 2018-11-30 18:22 | Report Abuse

I wonder how they are going to deliver the yearly 7.5m profit guarantee over the next couple of years, with the sort of revenue they are reporting to-date. Interesting to watch, moving forward.

moneykj Depend on how will next q doing. Only insider will know. Market is always looking forward. That's why its price moving up slightly after last bad q. They foresee this q will have small profit. Base on chart plus fundamental, next could be sideways in 0.085-0.10 before it decide the direction.
30/11/2018 18:11

Posted by moneykj > 2018-11-30 18:35 | Report Abuse

Don't be too pessimistic first. The price is not too high. Hold longer. Hope it can be another Denko, Frontkn or Scomnet.

Posted by NoPainNoGain > 2018-11-30 19:01 | Report Abuse

Thanks a bunch guys. Will hold for a while. Won't be hanging arouns forum for now. Good luck and have a blessing days.

Posted by nash2233 > 2018-11-30 19:18 | Report Abuse

one of directors dumped his shares .his action spoke louder than words.good luck.the investors need it.

Posted by moneykj > 2018-11-30 19:30 | Report Abuse

Mana ada dump?
Latest is buying ma:
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK YAHYA BIN RAZALI | http://www.klsescreener.com/v2/announcements/view/28963384

Posted by nash2233 > 2018-11-30 19:53 | Report Abuse

dumped a lot .bought back small amount.this is called misdirection.don't deny the undeniable.

Posted by 45AMG > 2018-11-30 20:42 | Report Abuse

Moneykj.. qr out oredi.. eps 0.18.. what's the fair price?

Posted by shorttermtrader > 2018-11-30 21:36 | Report Abuse

How come revenue drop so much compared to last qtr .. only 1 m + that means no sell ?

Posted by ozzie75 > 2018-11-30 21:43 | Report Abuse

@shorttermtrader: their revenue is mainly driven by projects and they are recognised by percentage of completion over time.

Posted by shorttermtrader > 2018-11-30 21:47 | Report Abuse

Thks for the explanation ozzie75.

Posted by Alex™ > 2018-11-30 22:04 | Report Abuse

moneykj bro, wah this is your counter leh.... later i comment wrong how? any specific detail you want me to cover?

Posted by 45AMG > 2018-11-30 23:14 | Report Abuse

Wahh sifu alex also come here.. my question.. orion can get big angpao for CNY or not..

Posted by Ganesan Kandasamy > 2018-11-30 23:55 | Report Abuse

The quarterly was announced and appeared at the RHB website at about 5.30pm on 30.11.2018

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

Alex bro, comment about their business, their new acquisition of ASAP, whether can add any value to Orion? Not the view from q results. It's too late by q results. The price running too fast ahead of results. Could be 3/4 q ahead.
I managed to grab Frontkn and Scomnet at very low price base on TA. I also made some wrong decisions.

I oredi decided n bot this counter base on my technical analysis. So don't worry about your comment. I just hope learn something extra from you so that in future can make more accurate decision. Tq in advance my sifu.

Posted by moneykj > 2018-12-01 12:28 | Report Abuse

45AMG Moneykj.. qr out oredi.. eps 0.18.. what's the fair price?
30/11/2018 20:42
--------------*******--************----*****************-
Market is always looking forward. Acquisition of new business counter like Ataims, Scomnet, their price run ahead of q results by 3/4 q. Ataims already reached 1.20 from 0.40 at beginning of 2017, when loss making results was released in Aug 2017.
Eps 0.18 probably reflected in current price. Hence, 0.09. The future earning is important.
TA not so clear yet but it has criteria to be a multibagger.

Posted by moneykj > 2018-12-01 12:47 | Report Abuse

45AMG Wahh sifu alex also come here.. my question.. orion can get big angpao for CNY or not..
30/11/2018 23:14
_______________________________________________
You want CNY angpow, pray hard the price won't drop below 0.09 and surpass 0.12 coming few weeks. If not meet above, consider it as a mid or long-term investment.

Posted by Chong Hau > 2018-12-01 14:10 | Report Abuse

15 years secured project. ASAP guarantee profits until 2019. allowance of bad debt (future receivable) RM 1.4m has been recognized in last QR, and it is still a net cash 0 debt company. Orion cleaned its ass and waiting for the profitable FY to come. Its QR and AR were not difficult to read and spot the opportunity.
Wait patiently and you shall be rewarded.

Posted by 45AMG > 2018-12-01 19:27 | Report Abuse

Tq sifus

Posted by lizi > 2018-12-01 20:11 | Report Abuse

without the write back, profit is only 300k. ASAP story started in 2016, acquisition done in 2017. until now, where is the rosy profit guarantee?

Posted by Alex™ > 2018-12-01 21:46 | Report Abuse

haha....i small fry only... wait i slow slow read orion digest first.....ini macam bumiputera counter....earning visibility yet to demonstrate....itu 15m guaranteed return smells like property punya GRR (guaranteed rental return) to sweeten the acquisition deal.

Posted by moneykj > 2018-12-02 13:37 | Report Abuse

Alex, pls post it here also. Good or bad I don't mind. Everyone can learn.

Posted by Alex™ > 2018-12-02 13:41 | Report Abuse

Ok moneykj bro... I'll be on business trip this week... Wait I back home then I publish and put link here :)

Posted by ozzie75 > 2018-12-03 11:56 | Report Abuse

7.5m profit guarantee against an order book of 11-12 mill based on publicly available info.

Still on track to deliver? on the right track?

:)

https://www.thestar.com.my/business/business-news/2017/05/31/orion-gets-nod-to-acquire-it-firm-asap-for-rm73mil/

http://www.theedgemarkets.com/article/orion-ixl-expects-return-profitability-fy18

https://www.thestar.com.my/business/business-news/2018/09/03/orion-on-track-to-deliver/

Posted by Ganesan Kandasamy > 2018-12-04 09:44 | Report Abuse

Tuesday 4/12/18 - low volume traded 349,900 as at 9.44am. It is a historical statement

Posted by linges > 2018-12-04 21:49 | Report Abuse

Selling queue for 10sen shrinking day by day :)

Posted by NoPainNoGain > 2018-12-05 10:29 | Report Abuse

Today volume much lower.
This counter usually strong during market red.
It's seem like a game over..at least for now.


Posted by Ganesan Kandasamy > Dec 4, 2018 09:44 AM | Report Abuse

Tuesday 4/12/18 - low volume traded 349,900 as at 9.44am. It is a historical statement

Posted by 45AMG > 2018-12-05 11:57 | Report Abuse

can prepare coffin & cold storage.. gonna be freeze for a long time..

Posted by Anderu > 2018-12-05 12:24 | Report Abuse

Hahahaa sad man, frozen for a while still okay, don't go downtrend good enough. TIll next year then. Merry Christmas & Happy New Year guys!

Posted by 45AMG > 2018-12-05 12:38 | Report Abuse

at least until next qr result.. merry xmas, happy new year brothers..

Posted by moneykj > 2018-12-05 13:04 | Report Abuse

Small volume. Good.

Posted by 45AMG > 2018-12-06 11:57 | Report Abuse

somebody tapau 10sen 5mill shares one shot..

Posted by linges > 2018-12-06 12:06 | Report Abuse

Slow slow eating sell q :)

Posted by linges > 2018-12-06 12:09 | Report Abuse

Thick sell q only at 12sen

Posted by moneykj > 2018-12-06 12:11 | Report Abuse

Hut some w

Posted by NoPainNoGain > 2018-12-06 12:11 | Report Abuse

Still feeling coutious..this counter can make U turn very quick one.

Posted by 45AMG > 2018-12-06 12:18 | Report Abuse

some gang is playing.. Q 10.5sen very small but they prefer to eat 11sen.. they don't Q, they just eat the seller..