Posted by Shinnzaii > 2018-08-17 17:29 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5886837

Posted by trulyinvest > 2018-08-17 17:32 | Report Abuse

Oredi up ahead of result. Beter dun chase on mon. Look at sam

Posted by shpg22 > 2018-08-18 00:23 | Report Abuse

SC should be strict on insider trading menace that is getting more and more serious in Bursa. Recently was DUFU, now is ELSOFT.

Posted by Oliveoil > 2018-08-18 01:25 | Report Abuse

any recommend stocks ?

Posted by tianjin > 2018-08-18 13:56 | Report Abuse

@shpg22 , your allegation of insider trading is a serious matter and you put it in your comment here that Elsoft share are being manipulated due to insider trading ! ( I have photoshot your comments in this forum as evidence ) I being genuine shareholder of Elsoft will pursue your allegation with Elsoft BoD .

To CEO Mr. CE Tan and your dedicated Team Elsoft , my appreciation and salutation to you and your efficient team for the excellent Q2 FY18 achievement , I am a very proud Elsoft shareholder . Plz look into the above blatant allegation for the integrity and history of Elsoft .

Posted by TechPlay > 2018-08-18 22:21 | Report Abuse

@shpg22, this is a very serious allegation. I am a long Elsoft investor. Elsoft is a boring counter, lower liquidity compared to its peers. I invest because Elsoft has a competent team lead by a competent and dedicated CEO. There is no fast but steady profit here.

I did some facts finding for the recent events:
1) 12th Aug 2018 : Star newspaper reported
https://www.thestar.com.my/business/business-news/2018/08/13/it-firm-elsoft-expects-to-end-financial-year-with-record-high-shipments/
2) 15th Aug 2018 : Kenanga reported Elsoft as a laggard in ATE space
3) 16th Aug 2018 : SinChew daily reported
http://www.klsescreener.com/v2/news/view/419110
4) 17th Aug 2018 : Q2 result announcement

You decide if there is any trace of insider. Information is out there, investors need to act fast

Posted by Shines > 2018-08-18 22:52 | Report Abuse

@tianjin and techplay, both have my undivided support

Posted by Eateat > 2018-08-19 17:46 | Report Abuse

Stay focus, Monday will be an interesting trading day, wish all good luck and happy trading

Posted by thesteward > 2018-08-19 19:27 | Report Abuse

@tianjin has been a believer of this gem Elsoft for many years even when this stick wasn’t that popular years back. Congrats to you tianjin . I remember coz I like this stock together w Vitrox n Penta. Good management .

Posted by Shines > 2018-08-20 08:30 | Report Abuse

I started collecting years years back, very dull stock, 30 to 50 sen that time, making profit but not as much as now, giving yearly dividen attracts me to invest in this ctr. But I am a small timer, not like bro tianjin in top 30. Good luck guys

Posted by shpg22 > 2018-08-20 09:59 | Report Abuse

Should pursue the allegation with the SC not Elsoft BoD. Its like asking a thief whether they got steal or not.

Posted by Shines > 2018-08-20 11:01 | Report Abuse

The mkt is really buy on rumours and sell on news/facts, profitaking on recent run up

Posted by tianjin > 2018-08-20 11:57 | Report Abuse

@shpg22 , to pursue with Elsoft BoD on possibilty of legal action on your wild and blatant " insider trading " allegation against Elsoft major shareholder .

@thesteward , thanks alot for your very kind wishes .

Posted by shpg22 > 2018-08-20 15:48 | Report Abuse

very sked...pls dont do it

Posted by trulyinvest > 2018-08-20 16:39 | Report Abuse

up 50 sen in three days ahead of result.. u expect to up another 30sen ka after result?

Posted by calvintaneng > 2018-08-20 16:40 | Report Abuse

Too many Syndicates here!

After all their pump and dump effort

All who stupidly overpay will go soft soft later with no more strength

Posted by Ggwp17 > 2018-08-20 16:59 | Report Abuse

interesting.. 1425 comments here, and calvintaneng has 21,984 total comments.. how does he do that? are you founder of i3investor? or what partnership something? affiliate? comments challenge?

Posted by calvintaneng > 2018-08-20 17:32 | Report Abuse

Don't ask silly question
Calvin does not want any harm come to dear fellow i3 forumers. That's all.

Posted by qqq3 > 2018-08-20 17:36 | Report Abuse

want to know what I did?

I am a trader....I sold last Friday.....$ 3.17 average

Posted by KLSEtraderOfficial > 2018-08-21 10:49 | Report Abuse

@calvintaneng, I totally agree with your point of view that this stock is overvalued based on value investing and it is obviously shown in the PE ratio. But with all due respect and no intention to be offensive, I have a different point of view in this stock. I always believe different investors/traders have different approach in trading.

In value investing perspective, this stock is overvalued. In growth investing perspective, this stock actually has a potential to grow driven by its smart devices segment, it is all shown in the revenue and the profit in this quarterly result.

In technical trading perspective, which is of my interest. I see momentum and uptrend in this stock. I believe no one can predict where the stock price will go, but we can only identify its momentum and its trend. What i am trying to imply is, different traders/investors has different point of view and we can't predict where the price will go. So, i3 fellows, always set a cut-loss point if you are doing trades.

If i am wrong about this stock's momentum and trend, I am sorry because I don't mean to predict the stock. In my trading bible, if i am right, i hold on to the trend. If i am wrong, i cut my losses short. If i am right about it, all i can say is that stock price movement is unpredictable. I can't predict stock movement. I only follow where the trend will lead me to.

PS: You have great idea about it in term of value investing and I love reading your blog.

Posted by joetay > 2018-08-21 10:53 |

Post removed.Why?

Posted by jordanmaggie61 > 2018-08-21 11:08 | Report Abuse

Wow! the stock price is rising, profit increasing also kikiki

Posted by 279444 > 2018-08-22 19:50 | Report Abuse

有誰知道免税到什么時候，謝謝

Posted by rlch > 2018-08-23 06:07 | Report Abuse

Why only tech stocks got play? Earlier Kenanga recommend. Later RHB, TA follow.

Posted by tianjin > 2018-08-23 08:12 | Report Abuse

@279444 , Elsoft tax free Pioneer Status was granted from FY 2005 to FY2015 , subsequantly Elsoft was granted another 10 years tax free status from FY 2015 to FY 2025 .

Posted by nikicheong > 2018-08-23 23:59 | Report Abuse

Very suspicious price run up like that before Q result out. Sure no one who prepare the finance report and board papers decide to "play play" ah?

Posted by Toptrader2018 > 2018-08-25 23:05 | Report Abuse

Overvalue or not, its up to demand/supply..If shark want to buy the share and supply is low..price goes up..simple

Posted by Want2Win > 2018-08-28 13:52 |

Post removed.Why?

Posted by Patrick13 > 2018-08-28 17:08 | Report Abuse

The Board of Directors of Elsoft (“Board”) wishes to announce that the Company is proposing to undertake the following:-

(i) Proposed bonus issue of up to 56,405,700 new ordinary shares (“Shares”) (“Bonus Shares”) on the basis of one (1) bonus share for every five (5) existing shares held on the entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue”); and

(ii) Proposed share split involving the subdivision of every one (1) share held after the proposed bonus issue into two (2) shares (“Subdivided Shares”) (“Proposed Share Split”).

Please refer to the attachment for further details.


This announcement is dated 28 August 2018.

http://malaysiastock.biz/Company-Announcement.aspx?id=1082100

Posted by trulyinvest > 2018-08-28 20:54 | Report Abuse

Yahoooo

Posted by tuapuikia > 2018-08-29 17:10 | Report Abuse

TP RM3

Posted by Shines > 2018-08-29 17:40 | Report Abuse

Harr,

Posted by Ggwp17 > 2018-08-30 10:33 | Report Abuse

calvintaneng Don't ask silly question
Calvin does not want any harm come to dear fellow i3 forumers. That's all.
20/08/2018 17:32

Thanks my angel..

Posted by Rambang Hartanah > 2018-09-04 10:37 | Report Abuse

Wow so hi..

Posted by Chris WanqTzuu > 2018-09-18 17:47 | Report Abuse

How will the bonus shares and split affect the share price? Sorry. I'm quite new to this.

Posted by TechPlay > 2018-09-19 17:59 | Report Abuse

Chris, imagine you have 5 shares,
Bonus 1 for 5 : 5 shares become 6 shares
Share split : 6 shares become 12 shares
Current share price 3.50, after bonus and share split, share price will be 3.50*5/12 = 1.46

Posted by sjwee3 > 2018-09-20 08:53 | Report Abuse

To be more accurate is 3.51*5/6*6/12

Posted by Chris WanqTzuu > 2018-09-20 14:51 | Report Abuse

Thanks techplay and sj, but I think I asked wrongly. What is the bonus split gonna do to the value of the share that I'm holding on to now? Say I have RM5,000, I know I'll still have RM5,000 after the split. What I mean is if will the bonus split have positive effect on my RM5,000?

Posted by Shines > 2018-09-21 18:47 | Report Abuse

BI approved by Bursa, EGM should be towards Oct end

Posted by tianjin > 2018-09-22 21:16 | Report Abuse

Cheers to all Elsoft shareholders...

Posted by dalpinia > 2018-09-25 12:15 | Report Abuse

Chris, the positive effect would be same trend happened in 2016 when Elsoft announced for the 1:2 bonus....no of share became more and share price became cheaper so that many small shareholder afford to buy in....after 2 year from RM1.46 will increase to RM3 in 2020 if follow the past record....keep for long term

Posted by Chris WanqTzuu > 2018-09-28 15:47 | Report Abuse

Thanks Dalphinia. Appreciate it. I bought at 3.26. This morning it was +0.03. Now it dropped -0.05. with such low volume. Does that mean someone must be manipulating the share? :/

Posted by Frank Soweto > 2018-09-29 08:45 | Report Abuse

qqq3 want to know what I did?
I am a trader....I sold last Friday.....$ 3.17 average
20/08/2018 17:36


Lousy Trader :(

Posted by Shines > 2018-10-13 10:47 | Report Abuse

Crawing back?

Posted by verhansolution > 2018-10-23 17:57 | Report Abuse

Big bomb .. all directors dispose all shares today..

Posted by EatCoconutCanWin > 2018-10-23 17:58 | Report Abuse

damn....ceo con investor, better selling fast tomolo

Posted by 4444 > 2018-10-23 18:12 | Report Abuse

IBs' con us? Ask us buy and let directors disposed?

Posted by Ggwp17 > 2018-10-23 22:03 | Report Abuse

verhansolution Big bomb .. all directors dispose all shares today..
23/10/2018 17:57

game over, "all shares"..

Posted by trulyinvest > 2018-10-23 22:10 | Report Abuse

All scam. Beter sell

Posted by fattmoney > 2018-10-23 22:11 | Report Abuse

Directors disposed with so high volume but price still green at closing? Maybe a new substantial shareholder mopping up their shares in the open market?