MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.09

Today's Change

0.00 (0.00%)

Day's Change

0.09 - 0.09

Trading Volume

41,000


7 people like this.

13,220 comment(s). Last comment by fl888 2 months ago

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 16:04 | Report Abuse

Alo... Fair comment la... Trap also dont trap you people la... Big player shares trading hands mer... Trap also dont trap small money

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-16 16:08 | Report Abuse

As long as mlab stand between 0.01 - 0.4, its very hard to push 1...after 50sen only will more stable...

Good123

26,598 posts

Posted by Good123 > 2020-12-16 16:12 | Report Abuse

same strategy like netx, accumulate in stages to be above right issue price , same ED as Netx plus netx is a major shareholder of mlab, Sama Sama :)

Good123

26,598 posts

Posted by Good123 > 2020-12-16 16:13 | Report Abuse

,credit Suisse is a major shareholder ofnetx already, hopefully also a major shareholder of mlab soon

Good123

26,598 posts

Posted by Good123 > 2020-12-16 16:14 | Report Abuse

after accumulation stage is completed, acceleration stage starts, same Gaya macam netx

kevinchong

646 posts

Posted by kevinchong > 2020-12-16 16:32 | Report Abuse

Mampus volume 85 semakin best ,tunggu mampus Liao haha

Good123

26,598 posts

Posted by Good123 > 2020-12-16 16:40 | Report Abuse

After absorbing fearful traders’ shares, sccelerate like netx probably

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 16:47 | Report Abuse

Hunter. Yes. Same like what i think.

JC1425

325 posts

Posted by JC1425 > 2020-12-16 17:04 | Report Abuse

who is this Good123? Such an annoying person

Huitan

188 posts

Posted by Huitan > 2020-12-16 17:12 | Report Abuse

Good123 and victor yong is hired by mlab and others lienho plaza counter.From i3 to klsescreener.
Whaever they promote, it will become tissue paper.
All the money you subscribe for right issue, will become bosses entertainment expenses.
All the right issue that major share holder subscribe, is still their money
From left pocket to right pocket. So dont be naive to listen that boss will loss money if the price is below that 0.09 sen.

Good123

26,598 posts

Posted by Good123 > 2020-12-16 17:18 | Report Abuse

Bertenanglah, dah mau mari kut :)

Fklim888

1,613 posts

Posted by Fklim888 > 2020-12-16 17:38 | Report Abuse

Once coming....directly limit up

Posted by Invest_Wisely > 2020-12-16 17:58 | Report Abuse

Engine warming up day :)

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 18:15 | Report Abuse

When declare new substantial shareholder ni? Today big boys sapu. When price up only declare ka?

dmksn

686 posts

Posted by dmksn > 2020-12-16 18:55 | Report Abuse

MLAB before price consolidate 0.08 / 4.25 = 0.188. Wow, only who own 0.005 to 0.015 ticket is the winner of this games.

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-16 20:24 | Report Abuse

No substantial share holder....all ka ki nang...u help me i help u...ji nang ji bua, kam ching bei suah...ini macam

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 21:05 | Report Abuse

Wah lau eh... Ini macam meh... Ka ki nang saja meh... Today so much exchange share ni...
Later caravan, blackrock those shareholder coming ooo mana tau

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-12-16 21:29 | Report Abuse

Tmr up to 10cts

pineapple123

2,472 posts

Posted by pineapple123 > 2020-12-16 21:39 | Report Abuse

CONGRATS TO MLAB HOLDER. DUN EVER SAY 4.5C OR 3C AND THIS MAKE THE COUNTER SHIT AS HELL

Posted by Rainny79 > 2020-12-16 21:41 | Report Abuse

Tmr up trend?

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 22:05 | Report Abuse

Really salute this counter. Damn power...

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 23:08 | Report Abuse

Coming up again. Question is how far it can go. Hope that it will not drop and become a 50 sen stock

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-16 23:08 | Report Abuse

That is the purpose of consolidation

Good123

26,598 posts

Posted by Good123 > 2020-12-17 00:34 | Report Abuse

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
08 Dec 2020 Other
52,138,500 FIRST UNITED TECHNOLOGY LIMITED
08 Dec 2020 Other
52,138,500 NETX HOLDINGS BERHAD
08 Dec 2020 Other
736,100 MR ONG TEE KEIN
08 Dec 2020 Other
736,100 MR ONG TEE KEIN
08 Dec 2020 Other
600,000 MR TAN SIK EEK
08 Dec 2020 Other
350,000 MR TAN SIK EE

Good123

26,598 posts

Posted by Good123 > 2020-12-17 07:39 | Report Abuse

Accumulation stage is over, acceleration stage mau mula kut :)

Date Range Close Volume
16/12/2020 0.08 - 0.09 0.08 201,232,000
15/12/2020 0.08 - 0.085 0.08 11,729,000
14/12/2020 0.08 - 0.09 0.085 92,272,900
11/12/2020 0.09 - 0.095 0.095 57,538,000
10/12/2020 0.095 - 0.11 0.10 32,250,100
09/12/2020 0.115 - 0.12 0.12 2,603,100
08/12/2020 0.115 - 0.125 0.115 1,196,900
07/12/2020 0.11 - 0.125 0.12 6,568,000
04/12/2020 0.115 - 0.12 0.115 4,083,300
03/12/2020 0.115 - 0.125 0.12 2,260,900
02/12/2020 0.115 - 0.125 0.12 6,291,400
01/12/2020 0.12 - 0.13 0.13 1,244,300
30/11/2020 0.125 - 0.14 0.125 8,514,300
27/11/2020 0.13 - 0.14 0.135 9,965,600
26/11/2020 0.13 - 0.135 0.135 2,732,600
25/11/2020 0.13 - 0.14 0.135 4,340,700
24/11/2020 0.125 - 0.15 0.14 12,081,000
23/11/2020 0.145 - 0.16 0.145 5,714,500
20/11/2020 0.145 - 0.17 0.155 21,941,700
19/11/2020 0.145 - 0.16 0.155

Good123

26,598 posts

Posted by Good123 > 2020-12-17 07:45 | Report Abuse

Kejutan dah mau sampai ka?

Good123

26,598 posts

Posted by Good123 > 2020-12-17 08:04 | Report Abuse

Boleh pertimbangkan, Market cap~Rm70m, cash n cash equivalents after RI~rm100m :)

MIDF head of research Imran Yassin Md Yusof (pic) opined that there would not be any discernible trend in privatisation going forward with the current uptrend in the market

PETALING JAYA: When times are bad and companies go on defensive mode to see through an economic downturn, privatisation would come in as a likely strategy.

This is when the market undervalues the share prices, paving the way for the companies or its owners to consider taking their companies private.

While it would require deep pockets to carry out such a corporate exercise, the low interest rate environment currently has only made it easier.

This year itself, there have been at least ten privatisation offers, of which three companies have since been delisted – Yee Lee Corp Bhd, MB World Group Bhd and Amverton Bhd.

Just on Monday, TA Enterprise Bhd received valid acceptances of 94.38% in property developer TA Global Bhd. The delisting of the latter will follow next Tuesday as TA Enterprise does not intend to maintain its listing status.

There have also been privatisation offers for TA Enterprise by its chairman and co-founder Datuk Tiah Thee Kian and for FGV Holdings Bhd by the Federal Land Development Authority (Felda).

All these developments have sparked talk in the market that privatisations could be on the rise.

It may have been better for these exercises to be carried out a few months back when the market was still slightly suppressed as compared to now with the return of the bulls on the back of vaccine optimism that has driven the FBM KLCI close to 1,700 points.

MIDF head of research Imran Yassin Md Yusof opined that there would not be any discernible trend in privatisation going forward with the current uptrend in the market.

“Judging by the uptrend in the market, it will not likely be a general trend. The pros for privatisation is that companies can be restructured privately.

“The cons will come when the company intends to relist, as it may not gather as much interest as the first listing, ” he told StarBiz, adding that he believes the recent spate of privatisation exercises was more on specific company reasons than a general trend.

Imran said among the main reasons for privatisations were major shareholders of companies believing the market did not price the stock adequately or undervaluing them, or relooking to restructure in terms of business, organisation or financially.

Fortress Capital Asset Management chief executive officer Thomas Yong (pic below) said maintaining a listing status on a stock exchange was largely a corporate finance decision of public companies to tap additional equity capital.

Fortress Capital Asset Management chief executive officer Thomas Yong said maintaining a listing status on a stock exchange was largely a corporate finance decision of public companies to tap additional equity capitalFortress Capital Asset Management chief executive officer Thomas Yong said maintaining a listing status on a stock exchange was largely a corporate finance decision of public companies to tap additional equity capital

“In the event that any public company is of the opinion that, in the foreseeable future, they can no longer tap additional equity capital within reasonable costs or that they no longer need to tap additional equity capital, privatisation then allows shareholders to avoid compliance and other costs associated with keeping their listing status.

“Cost of additional equity capital is a function of the listed companies’ market valuation, which, in turn, is dependent on market perception of how attractive the businesses of these public companies are, ” he told StarBiz.

Yong added that if the cost of additional equity capital became too high due to poor market valuation of their listed shares, for example, debt funding, if available, would make economic sense.

Without access to public equity, he said privatised companies would need to rely on either the debt market such as loans and bonds or private equities in the future.

UOB Kay Hian head of research Vincent Khoo said it would make good sense to privatise if the offer price was well below the intrinsic value and the entities or assets being privatised were still generating cash flows.

He added that factors supportive of the privatisation included low interest cost, where many assets were trading below their respective intrinsic values.

On the same day that TA Enterprise received the acceptance of takeover offer by TA Global, the former also received an unconditional mandatory take-over offer from Tiah to acquire all the remaining ordinary shares not already owned by him at 65.5 sen each.

According to the group’s filing with Bursa Malaysia, if Tiah and persons acting in concert with him hold in aggregate less than 75% of TA Entreprise’s shares, the company would be in compliance with the public spread requirement and Tiah would intend to maintain TA Enterpris

Good123

26,598 posts

Posted by Good123 > 2020-12-17 08:07 | Report Abuse

PETALING JAYA: Next year should be a better year for the stock market, driven largely by the optimism of a synchronised global economic recovery as the world emerges from the Covid-19 pandemic

AmInvestment Bank said this in a strategy report yesterday, believing that the recovery-focused investment theme from end-2020 will extend well into next year.

Even so, the Malaysian stock market appears to have lost its lustre in the eyes of foreign investors, judging by current data.

Based on fund flow data, there was a whopping RM24.88bil in net outflow of foreign funds this year until Dec 11.

Improving outlook: A retail investor monitors share market prices in Kuala Lumpur. Overall non-resident participation in the MIST capital markets have begun to see improvements in recent months, particularly after positive newsflow on the Covid-19 vaccine.Improving outlook: A retail investor monitors share market prices in Kuala Lumpur. Overall non-resident participation in the MIST capital markets have begun to see improvements in recent months, particularly after positive newsflow on the Covid-19 vaccine.

In contrast, for the full year 2019, net selling by foreign investors stood at less than half of the amount at only RM11.1bil.

According to AmInvestment Bank head of equity research Joshua Ng, while international investors have ramped up their purchase of equities in many emerging markets since October 2020, they have continued to pull money out from the Malaysian market.

Foreign investors were net sellers for all weeks since October except for the week ended Nov 6 that saw a decent net inflow of foreign funds worth RM115.14mil.

India, on the other hand, enjoyed an increasing foreign fund inflow into equities in the same period.

Within the South East-Asian region, Indonesia has seen a steady net inflow of foreign funds since the last week of October, although this has turned into net outflows over the past two weeks.

Ng acknowledged that the Malaysian stock market has been flying under the radar of foreign investors.

“(This is) due to Malaysia’s insignificant and shrinking weighting in the MSCI Emerging Markets Index, the market’s inherently high valuations, coupled with the lack of tech startup listing, ” he said in a note.

However, Ng said there is a silver lining to the low foreign participation in the local market.

“Dominated by local participants, the market has remained calm in the face of a dynamic local political landscape.

“We are more inclined to take the return of foreign investors to our market, if it happens, as an added bonus, ” he said.

Meanwhile, CGS-CIMB Research said foreign funds are “severely underweighted” in Bursa Malaysia.

However, the research house pointed out that a weak US dollar could spark the return of foreign investor interest in emerging markets, including Malaysia.

This would spur further gains for the domestic stock market, which has witnessed renewed positive sentiment among investors in recent weeks.

“A stronger ringgit has historically been positive for the market and could lead to the return of foreign investors that have exited the market over the past few years on concerns over political uncertainty and weak corporate earnings.

“Our economist is of the view that an environment of a synchronised global economic recovery, low yields, disinflation and ample liquidity support creates fertile conditions for the reflation trade to rotate into risk assets including emerging markets’ foreign exchange, ” it said.

CGS-CIMB Research pointed out that overall non-resident participation in the MIST capital markets have begun to see improvements in recent months, particularly after positive newsflow on the Covid-19 vaccine. MIST refers to Malaysia, Indonesia, Singapore and Thailand.

“Sharp capital inflows could cause interim overshoots in MIST currencies, and broadly we expect the annual average exchange rates in MIST to strengthen by 4% to 5% in 2021 against the US dollar, backed by widening growth, inflation and balance of payments differentials, ” it said.

On the local stock market outlook, CGS-CIMB Research said the market is expected to do well in the first half of 2021 (1H21) before facing challenges in the last six months.

“Our less positive outlook on the market for 2H21 is premised on concerns that corporate earnings growth rate could peak by the second quarter or disappoint in 2H21, stimulus measures to support businesses and individuals will progressively end in 2021, incremental liquidity available to retailers will likely decline against a year ago as well as the temporary suspension of short-selling which began on March 24 could end by Dec 31.

“We maintain our FBM KLCI target of 1,628 points for end-2020 but raise our end-2021 target to 1,759 points, from 1,732 points, to reflect changes in FBM KLCI constituents, ” it said.

Good123

26,598 posts

Posted by Good123 > 2020-12-17 08:12 | Report Abuse

KUALA LUMPUR: The FBM KLCI jumped in morning trade on the combined optimism over Wall Street's overnight buying interest and the approval of the third budget reading yesterday.

At 12.30pm, the FBM KLCI was up 12.21 points to 1,686.23. Trading volume spiked to 6.72 billion shares while value was RM2.74bil.

"With the window-dressing activities, the FBM KLCI could be lifted higher as funds might rotate back towards value and recovery-themed stocks over the next weeks," said Malacca Securities Research.

Public Bank remained on a bullish rally as it picked up another 32 sen to RM22. Maybank was up four sen to RM8.89.

Glove stocks were higher with Top Glove gaining 34 sen to RM6.75, Hartalega rising 64 sen to RM12.62 and Supermax climbing 31 sen to RM7.10.

Most actively traded counters were Hua-An up one sen to 21.5 sen, Dynamic up one sen to 13 sen and Tiger up 2.5 sen to 15 sen.

Meanwhile, Asians stocks rose on hopes of effective coronavirus vaccines and the prospects of more US fiscal stimulus.

Japan's Nikkei was up 0.1% while China's composite index grew 0.2% and Hong Kong's Hang Seng was up 0.8%.

South Korea's Kospi climbed 0.5% and Australia's ASX 200 added 0.8%.

Good123

26,598 posts

Posted by Good123 > 2020-12-17 08:21 | Report Abuse

The Nasdaq Composite closed at a record high, adding 63.13 points, or 0.5%, to 12,658.19. The S&P 500 gained 6.55 points, or 0.18%, to 3,701.17. The Dow Jones Industrial Average fell 44.77 points, or 0.15%, to 30,154.54. European stocks rose 0.8% with the UK's FTSE 100 index jumping 0.9%. MSCI's broadest index of Asia-Pacific shares outside Japan rose 6.88 points, or 1.07%, to 647.19

kevinchong

646 posts

Posted by kevinchong > 2020-12-17 08:49 | Report Abuse

Morning cb rang good 123 ,today u manpus day 0.075

Good123

26,598 posts

Posted by Good123 > 2020-12-17 09:26 | Report Abuse

Mlab warrant 2.5sen now + 9sen exercise =11.5sen= 1 ordinary share.


Warrant tak guna kecuali syer biasa melebihi 11.5sen

Fokus kepada syer biasa saja

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-17 09:42 | Report Abuse

The warrant is worthless if not higher than 9sen exercise price for the warrant. Focus on the ordinary share if you were interested in mlab

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-17 09:44 | Report Abuse

Just few days , Accumulated a lot by interested parties :)

Date Close Volume
16/12/2020 0.08 201,232,000
15/12/2020 0.08 11,729,000
14/12/2020 0.085 92,272,900
11/12/2020 0.095 57,538,000
10/12/2020 0.10 32,250,100

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-17 10:10 | Report Abuse

Nobody knows the future, netx accelerated suddenly too, same gang

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-17 10:10 | Report Abuse

It should be the entry price that the investors feel comfortable

Nobody will wait till the cows come home, miss the boat

Good123

26,598 posts

Posted by Good123 > 2020-12-17 10:16 | Report Abuse

Semoga zoom mengambilalih mlab. Sungguh murah bagi zoom jika JADI :)

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-17 10:17 |

Post removed.Why?

JT1969

377 posts

Posted by JT1969 > 2020-12-17 10:17 | Report Abuse

The constant and repeated promotion of this stocks by Mother FXXX Tan Eat Shit and gangs indicate that they are probably short of funds after the rights and desperately want to sell out to recuperate their cash for another share subscription of rights for another of their related company. In addition, it looks like theme have moved towards post vaccines and probably the whole story of video conferencing is the story of the past.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-17 10:28 | Report Abuse

8-9sen, this range, as long as below or at 9sen for ordinary share, probably value buy .

Not exceeding 9sen for ordinary share, its warrants are useless and will not be exercised upon expiry date

Good123

26,598 posts

Posted by Good123 > 2020-12-17 10:32 | Report Abuse

Sabar ya


PETALING JAYA: Mlabs Systems Bhd will progressively invest up to RM3 million into Kucing-based film production company Longhouse Films Sdn Bhd within the next two years to revive the flailing film production industry in Malaysia.

Mlabs said the objectives behind the partnership include bringing back Malaysian talents from the international entertainment industry to enhance the Malaysian movie industry for Asia and to be part of the content-driven entertainment industry in Asia. It also wants to bring in bigger movie production from China and Korea to Malaysia well as bring China and Asian contents for distribution in South East Asia; as well as exporting and highlighting Malaysian talent to the international level.



This partnership will be long term should Longhouse achieve to build it goals in the entertainment industry in Asia, it added.

Mlabs executive director Steve Tan views its investment in Longhouse as opportune since Longhouse is targeting the international audience in its new movies.

“We anticipate that the return on investment will be positive as the cost of production in Malaysia is significantly lower in comparison to filming overseas such as China, and not to mention that worldwide citizens will soon be facing a severe depletion in online content induced by lockdowns in the US and other European nations as a result of the Covid-19 pandemic. In this case, Longhouse will be well positioned to bridge the demand and supply gap in partnering with major online movie portals such as Youku, iQiyi and Netflix,” Tan said in a statement yesterday.

He added that notwithstanding Longhouse CEO and founder Jon Chiew’s vision and mission, it is more convinced by Chiew’s excellent moviemaking track record and knowledge in the film making industry.

“Mlabs would also have been more hesitant to invest were it not for the movie contracts already awarded to Longhouse by international studios and will be in Longhouse’s pipeline for the next two years such as Magic Moments, Hutan, God of War, Monkey King, Sky & Blue Sea, and Letters from the Future,” explained Tan.

Good123

26,598 posts

Posted by Good123 > 2020-12-17 10:33 | Report Abuse

Chiew is a Malaysian film producer equipped with more than 20 years of experience in the content business (including the film production and distribution sector) in China. During his tenure with Huace Pictures, he participated in and produced more than 20 films and partnered with major international studios including 20th Century Fox, Universal Pictures, Sony Pictures, Emperor, Media Asia of Hong Kong, CJ Entertainment and New of Korea.

Most notably, he co-founded Starry Entertainment Beijing in year 2017 that produced one of the biggest China movie mega hit “Hello Mr Billionaire” which scored CN¥2.55 billion in Chinese box office after being released in year 2018.

“Despite all my years filming in China, I have always harboured the intention of returning to Malaysia and tap into the local pool of underappreciated talents. It is my hope to build the brand ‘Made in Malaysia and Made by Malaysians’ in the world stage and create a sustainable ecosystem in the Malaysian creative business whereby local talents are empowered and retained, and the culture and tourism sector in Malaysia will be seen by the world,” said Chiew.

KarLeongHo

119 posts

Posted by KarLeongHo > 2020-12-17 10:34 | Report Abuse

Cash richcontinous loss making expenses keep on rising company,invest more to make Tan Eat Shit the richest man, lets do it it....

Good123

26,598 posts

Posted by Good123 > 2020-12-17 10:35 | Report Abuse

More good news like this otw kut :)


Mlabs volume spikes after announcing online pharmaceutical platform deal
Justin Lim
/
theedgemarkets.com

March 30, 2020 14:46 pm +08
Mlabs volume spikes after announcing online pharmaceutical platform deal
-A+A
KUALA LUMPUR (March 30): Bursa Malaysia top active stock Mlabs Systems Bhd's share trade volume spiked about 10-fold to some 111 million shares at the bourse’s afternoon close today from Friday's (March 27) figure of around 11 million units after the company announced that its wholly-owned subsidiary Mlabs Research Sdn Bhd signed a collaboration and cooperation agreement with Ipharmacare (M) Sdn Bhd.

Good123

26,598 posts

Posted by Good123 > 2020-12-17 10:37 | Report Abuse

BRIEF-Netx Holdings Says On 8 Dec Subscribed 52.1 Million New Shares With 30.4 Million Free Warrants C
Dec 15 (Reuters) - Mlabs Systems Bhd MYX:MLAB : * ON 8 DEC SUBSCRIBED 52.1 MILLION NEW SHARES WITH 30.4 MILLION FREE WARRANTS C OF MLABS SYSTEMS FOR 4.7 MILLION RGT Source text for…
Dec 15 · Reuters

Good123

26,598 posts

Posted by Good123 > 2020-12-17 10:40 | Report Abuse

Otw more n more

BRIEF-Mlabs Systems Entered Digital Distribution Agreement With Mtouche International
Nov 19 (Reuters) - Mlabs Systems Bhd MYX:MLAB : * ENTERED DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD * AGREEMENT EXPECTED TO HAVE POSITIVE CONTRIBUTION TO E…
Nov 19 · Reuters

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-17 10:41 |

Post removed.Why?

JT1969

377 posts

Posted by JT1969 > 2020-12-17 10:53 | Report Abuse

Last time the promoters disappear and wondering when these 2 jokers will disappear..

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-17 10:54 |

Post removed.Why?

Posted by SmallFishThinkBig > 2020-12-17 10:57 | Report Abuse

@Good123 .. this counter is actually fine. Just be patient and wait as what real investor did. You don't have to keep spamming news for making this counter looks so desperate. I wondering your goal is to push up or push down the price but ended the price will not effected by your c&p news or anyone's comment here. Trust me, market will correct itself by the real trade by real investor instead of comment. This counter will eventually break 10cents and heading 20cent sooner or later. Be patient like an investor, not desperate like a ikan bilis. Cheers.

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