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

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-26 17:00 | Report Abuse

Dunno when. Yeah, that formulation as prescribed by SC. haha.

45AMG next week maybe? 5 market days VWAP isn't it?
26/03/2019 4:53 PM

freddiehero

16,721 posts

Posted by freddiehero > 2019-03-26 21:07 | Report Abuse

use win fly..

Posted by Ganesan Kandasamy > 2019-03-26 22:51 | Report Abuse

Private placement 30% what does this mean?

Iamyou

60 posts

Posted by Iamyou > 2019-03-26 22:55 | Report Abuse

Mean 179mil shares will be issued

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 07:49 | Report Abuse

Last week the price stay at 0.195/0.20 for 2 days before shoot up to 0.215. Now you can see the price try to find support at 0.21/0.215. With the help of improving DJ, it will try 0.23. If not today, latest by end of this week. Now the pace is faster. See my earlier comment:

moneykj Comparison from price movement post q results, this q and last q:

Last q, it take 1 month plus to start its first massive hike on 7/1 after q. Reached highest on 11/1 price and volume. Only started again on 22/1 t6 with the help from this article, http://www.klsescreener.com/v2/news/view/482384
Hibernating for few weeks since then.

This q, it take 2 week to start it's first massive hike on 14/3 after q announcement. Reached highest on 18/3 price and volume. Restarted again on 22/3 t4 in gloomy day and no article.

This shows the desire of buying from taukeh and retailers has intensified. I believe the high volume on 18/3 help taukeh to ease some burden and create huge buying power again. Further more I saw 2 signs that next week will trend higher. Firstly, it put a big buyer qty to close higher on Friday closing session at 4.50pm. Secondly, very important one, sign that shows the price will trend higher, old birds should know....guess what? I give you hint, "wow, it run faster".
24/03/2019 12:11 PM

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 08:02 | Report Abuse

If you try to time the market sell first buy back later, your strategy won't work this time, you will miss the bus.

Posted by Cryptotrader > 2019-03-27 08:07 | Report Abuse

Yes I agree

Sotongman

10 posts

Posted by Sotongman > 2019-03-27 08:24 | Report Abuse

ur strategy also didn't work last time. U are just a pretty trader

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 08:29 | Report Abuse

Sotongman ur strategy also didn't work last time. U are just a pretty trader
27/03/2019 8:24 AM
____________________________________________

What last time?

I hold Orion since end of last year.
100% for mother. 200% for son. So far so good.

Sotongman

10 posts

Posted by Sotongman > 2019-03-27 08:30 | Report Abuse

Price will move not more than twice after this and then drop. Will hv waiting period after vwap

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 08:51 | Report Abuse

Orion has some 600m outstanding issued shares currently. They had obtained approval to issue further shares to interested private investors (private placement) subject to a maximum of 30% of current outstanding issued shares (0.3*600 >> approx. 180m).


Posted by Ganesan Kandasamy > Mar 26, 2019 10:51 PM | Report Abuse

Private placement 30% what does this mean?
27/03/2019 8:16 AM

xyz99

40 posts

Posted by xyz99 > 2019-03-27 09:58 | Report Abuse

@moneykj can add me xyz11583@gmail.com ?

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 10:05 | Report Abuse

In my opinion, the pp to take more stake in Sukaniaga is very good deal. The cooperative members market is big. The business model is indeed very good. No need to fork out big capex to enjoy consistent income, also the overhead cost is small. I hope Orion can go for the remaining 80% stake in Sukaniaga.

xyz99

40 posts

Posted by xyz99 > 2019-03-27 10:18 | Report Abuse

Can share contact moneykj?

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 10:32 | Report Abuse

I know what chart it going to build. If you patient enough can park at 0.21 to buy. 0.215 also reasonable buying price in case to avoid the big players suddenly come in. Don't miss the bus ya..

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 10:35 | Report Abuse

I will contact you xyz99

xyz99

40 posts

Posted by xyz99 > 2019-03-27 10:43 | Report Abuse

Thanks

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 10:45 | Report Abuse

That would be another 80m for a company that has no proven track record. I think 20% exposure is fair enough. :)

moneykj In my opinion, the pp to take more stake in Sukaniaga is very good deal. The cooperative members market is big. The business model is indeed very good. No need to fork out big capex to enjoy consistent income, also the overhead cost is small. I hope Orion can go for the remaining 80% stake in Sukaniaga.
27/03/2019 10:05 AM

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 10:55 | Report Abuse

@ozzie75, I feel that taking some more stake or all is the game plan.

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 11:05 | Report Abuse

@moneykj: I reckon the increase by 10% is probably to secure a slight higher management influence in Sukaniaga.

Posted by klsewinner > 2019-03-27 11:13 | Report Abuse

can contact you too @moneykj?

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 11:14 | Report Abuse

@moneykj: you have fans. hahaha. :)

arcadicus

778 posts

Posted by arcadicus > 2019-03-27 11:33 | Report Abuse

Add me too @moneykj
arcadicusebay@gmail.com

OrionIXL

286 posts

Posted by OrionIXL > 2019-03-27 11:41 | Report Abuse

Jus to share I switch to LAF. I believe LAF will hit at least 30% return by end April... Again.. I hope all of us gain

SuperKeng

156 posts

Posted by SuperKeng > 2019-03-27 12:02 | Report Abuse

Mr Orion I heard Orion going to limit up . U didn’t hear

JacNgu

233 posts

Posted by JacNgu > 2019-03-27 12:20 | Report Abuse

limit up? what a clown

ooi8888

1,650 posts

Posted by ooi8888 > 2019-03-27 12:28 | Report Abuse

bro moneykj, can add me too? koklengooi50@gmail.com

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 14:26 | Report Abuse

Today t3 & t2. Usually it won't start. But, wow...I saw 1 sign that it will start after the break. Don't know my market sence can pakai or not.

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 14:29 | Report Abuse

Bro, the other (potential) plus is, comparative to conventional loan facilities, cooperative loans tend to have higher approval rate given its less stringent and more concessionary-inclined credit assessment protocol which could (potentially) contribute to the fee income dependent on successful processing and approval.

Posted by moneykj > Mar 27, 2019 10:05 AM | Report Abuse

In my opinion, the pp to take more stake in Sukaniaga is very good deal. The cooperative members market is big. The business model is indeed very good. No need to fork out big capex to enjoy consistent income, also the overhead cost is small. I hope Orion can go for the remaining 80% stake in Sukaniaga.

lextcs

1,961 posts

Posted by lextcs > 2019-03-27 15:08 | Report Abuse

all the mibb clients die standing now....sever down for 4 hours...can see but cannot eat

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2019-03-27 15:11 | Report Abuse

Sorry canceled my comment..apparently can only view, cannot buy or sell.

FlyDay

37 posts

Posted by FlyDay > 2019-03-27 15:39 | Report Abuse

showtime after 4pm...cleared all Fri t3 and today move new high for mum and wa...

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2019-03-27 16:14 | Report Abuse

Anticipating 4pm, only to see it moved down.

Warrant prove it worth much better than the mother, unlike 3,4 months back and ffs I have sold all son and moved all to mother.

FlyDay

37 posts

Posted by FlyDay > 2019-03-27 16:38 | Report Abuse

close 225 and 145 today

yoongcalyn

119 posts

Posted by yoongcalyn > 2019-03-27 16:57 | Report Abuse

@moneykj, your market sense is quite zhun leh....Orion move up despite overall market sentiment is weak...

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 17:10 | Report Abuse

yoongcalyn @moneykj, your market sense is quite zhun leh....Orion move up despite overall market sentiment is weak...
27/03/2019 4:57 PM
______________________________________

Actually there is a sign not just a gimmick from me. Every time it want to try will appear. I saw it after 2pm. Forgive me I can't elaborate more, they might not like it.

xyz99

40 posts

Posted by xyz99 > 2019-03-27 17:17 | Report Abuse

Havent added me yet bro

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 17:19 | Report Abuse

Today it won't move a lot, just a adjustment to a strategic price, encourage you to take up the tickets.

ramada

3,955 posts

Posted by ramada > 2019-03-27 17:51 | Report Abuse

You happy-happy buy, director happy-happy sell. Win-win situation.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0079

Saw PW

81 posts

Posted by Saw PW > 2019-03-27 18:14 | Report Abuse

one thing we should worry about is the intangible asset which is unreasonably high at 72 million

Saw PW

81 posts

Posted by Saw PW > 2019-03-27 18:17 | Report Abuse

moneykj can you also add me.my email is pw_saw@yahoo.com

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 18:18 | Report Abuse

Lol....Follow the announcement of director buy sell to invest and without checking the details is children play sand lor. Yahya Razali is old boss. Last year he sold much bigger chunk at 0.07-0.085. As you can see, the price now is 0.22. Ppl say name reflected his character, I believe is true lor. You see his name..hahaha...

moneykj

6,140 posts

Posted by moneykj > 2019-03-27 19:10 | Report Abuse

What is the price movement when announcement of Yahya Razali selling 15m share was made in 25/7/2018? The next day price is 0.08-0.085. Closed at 0.08 unchanged. 15m wor....Now only 9.9m.

Posted by Ganesan Kandasamy > 2019-03-27 19:16 | Report Abuse

Encik Yayaya bin Razali a share holder dispposed 9,9000,000 shares on 25,3.19 for your information only.

moneykj

6,140 posts

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

Naysayers gang very happy if found one piece of cracked sand. Happy like mad. Impatiently trying.

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 20:43 | Report Abuse

Why? Pls enlighten us.

Saw PW one thing we should worry about is the intangible asset which is unreasonably high at 72 million
27/03/2019 6:14 PM

ozzie75

8,772 posts

Posted by ozzie75 > 2019-03-27 20:50 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6107297

Ganesan Kandasamy Encik Yayaya bin Razali a share holder dispposed 9,9000,000 shares on 25,3.19 for your information only.
27/03/2019 7:16 PM

RosAng

412 posts

Posted by RosAng > 2019-03-27 22:02 | Report Abuse

cilaka mia orang put tis news bcoz he wan threathen small investor to sell,,coz he knows many are waiting more upside...furthermore we can see from Market Depth,,there is no huge seller from d board...

RosAng

412 posts

Posted by RosAng > 2019-03-27 22:16 | Report Abuse

after disposal,,still got 6.89% on hand,,,y so worry...15years contract 40sen anytime can reach,,,time will tell...

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-27 22:43 | Report Abuse

I only worry slowly slowly downloading as what PNB did to Heitec Padu

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