Posted by darkxfs > 2016-03-17 11:16 | Report Abuse

now a lot of seller at 0.055

Posted by richman > 2016-03-17 11:24 | Report Abuse

can only confirm at the end of today if it closes 6 cts or higher game is on .

Posted by jstockman > 2016-03-17 11:31 | Report Abuse

Dark, if you play long term then you don't worry have to worry at all. However, if you play contra, you should still have 2-3 days before T4.

The INIX chart says a lot. First is the divergence on RSI. Second is the breakout of uptrend. Third is the sudden surge of Volume since November 2015. It's all saying that there is a higher chance of breakout movement to the upside (but not 100%). So we will see whether it will successfully breakout or not. The uptrend resistance is currently at 0.070. If we see a close above this level in the next 3 days, then it is safe to say that INIX is on a move to the North.

Posted by jstockman > 2016-03-17 11:34 | Report Abuse

From my experience, a sleeping stock like this which has no major announcement when trying to breakout top side, it has to go through a lot of resistance. We may see today close in red at 0.055 or 0.060 (inverted hammer candlestick) but tomorrow another full green bar. So, it is still too early to confirm whether it is game on. As @richman said, we will see it tomorrow.

Posted by lavenderong > 2016-03-17 11:47 | Report Abuse

What happened to Inix? Price yoyo.

Posted by rapidbeginner > 2016-03-17 11:51 | Report Abuse

consolidate on 0.05..... catch the train.......

Posted by darkxfs > 2016-03-17 12:09 | Report Abuse

6m share sell at 0.055 .............dunno who sell so many .............

Posted by jstockman > 2016-03-17 12:16 | Report Abuse

Don't let them fool you into selling your share! The last time INIX drop to 0.025 was 7 years ago. Ever since then, it never go below 0.045. So, whoever sell at 0.050 or 0.045 today is making a lost or breakeven because the lowest price it has reached since 2009 is 0.045. And if you look back the record, there ain't many transaction done at 0.045 either. So, whoever trying to sell at 0.05/0.045 is to simply scare those ikan bilis to sell theirs with lost. Because no one would like to sell at lost!

The other thing is, today volume is at the all time high, which is a good news. 60mils done in just morning alone compare to the previous top daily volume at 72mil. I believe at the end of the day the volume will break the record high.

Buy and keep. For contra player, aim for 0.70 or 0.75. For long term player, aim for 0.12 or 0.16!

Posted by jstockman > 2016-03-17 12:26 | Report Abuse

Sorry I mean 0.070 and 0.075.

Posted by Waiping Ho > 2016-03-17 13:49 | Report Abuse

@jstockman what about INIX-WA??

Posted by persie > 2016-03-17 14:46 | Report Abuse

Hahaha... recollect @ 0.050.. will never regret for 2nd round.

Posted by eftee > 2016-03-17 14:54 | Report Abuse

Remember UMA. Better cool down a bit

Posted by rapidbeginner > 2016-03-17 16:44 | Report Abuse

UMA liao not run for your life meh?????

Posted by Clasandra > 2016-03-17 17:07 | Report Abuse

jstockman = remiser (cheat your money)

So beware.

Posted by darkxfs > 2016-03-17 18:23 | Report Abuse

tomorrow cme time

Posted by CUTLOST > 2016-03-17 20:09 | Report Abuse

Uma..just normal things..they just answer it..nothing much..tomolo drop some more..until nothing left behind ur..

Posted by darkxfs > 2016-03-18 09:04 | Report Abuse

justnow buy 50k at 0.050...

Posted by richman > 2016-03-18 09:08 | Report Abuse

will move up today

Posted by richman > 2016-03-18 09:09 | Report Abuse

the average price of buying yesterday was 6cts so the probability of it moving aboce above 7 cts is very good

Posted by azfar8 > 2016-03-18 09:49 | Report Abuse

next week may touch 0.045 cent. tq

Posted by kurax2 > 2016-03-18 09:56 | Report Abuse

Inix Technologies Holdings Bhd, whose trading volume spiked to nearly 60 million shares today, said it is currently in discussions to acquire a stake in an information technology company.
However, it stressed that the terms of the acquisition has not been finalised, according to its unusual market activity (UMA) reply.
"Please note that there is no certainty that the discussion will result in the signing of the sale of shares agreement," it said.
The counter, which was the day's most actively traded stock, received an UMA earlier today due to sudden rise in trading volume.


happy reading..

Posted by azfar8 > 2016-03-18 10:48 | Report Abuse

I remember before this, in nov, there is also UMA, and also acquisition, but after UMA, the price keep going down...

Posted by rapidbeginner > 2016-03-18 12:35 | Report Abuse

habis liao...

Posted by Clasandra > 2016-03-18 12:53 | Report Abuse

Never mind, at least still better than listen to Calvin Tan. [JTIASA heading to RM 2.50]

Is this a truth or half-truth or deception?

Posted by eftee > 2016-03-21 10:35 | Report Abuse

So quiet. What happened to the 59m traded

Posted by harta999 > 2016-03-21 12:52 | Report Abuse

can buy in??

Posted by richman > 2016-03-21 15:27 | Report Abuse

yes

Posted by CUTLOST > 2016-03-22 00:06 | Report Abuse

0.035 should be ok..0.05 still not attractive price

Posted by darkxfs > 2016-03-22 09:03 | Report Abuse

q 50k at 0.045 i got f selling hope can get it

Posted by rapidbeginner > 2016-03-22 10:19 | Report Abuse

this counter is walking dead..... no need hope so much it will go up to 0.07...

Posted by richman > 2016-03-22 11:49 | Report Abuse

think will trade similar to palette for this week. seems like similar pattern .buy in if you got holding power

Posted by richman > 2016-03-22 16:24 | Report Abuse

watch INIX for the week upside bias

Posted by azfar8 > 2016-03-22 17:12 | Report Abuse

hahaha, I've already told that probably closed 0.045... Today is the day...



azfar8 next week may touch 0.045 cent. tq

18/03/2016 09:49

Posted by eftee > 2016-03-22 17:28 | Report Abuse

Someone is forcing it 4.5. Cos contra force sell

Posted by darkxfs > 2016-03-22 18:49 | Report Abuse

this week q result out ?

Posted by persie > 2016-03-22 23:22 | Report Abuse

Waiting for the day to come.

Posted by richman > 2016-03-23 09:11 | Report Abuse

should be positive unless the Belgium attack affects the whole market

Posted by richman > 2016-03-23 09:13 | Report Abuse

INIX is fundamentally ok and to pay cash 7 million cash for its acquisition says a lot of its potential

Posted by richman > 2016-03-23 09:24 | Report Abuse

should move up today resistance at 7cts

Posted by StockQueen > 2016-03-23 09:25 | Report Abuse

Haha.. waiting to sell at 0.055

Posted by eftee > 2016-03-23 09:33 | Report Abuse

Yesterday's announcement

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR THE "COMPANY") (I) PROPOSED ACQUISITION OF 25% EQUITY INTEREST IN HYPERQB SDN BHD ("HSB") ("PROPOSED ACQUISITION"); AND (II) VARIATION OF THE UTILISATION OF PROCEEDS RAISED FROM RIGHTS ISSUE WHICH WAS COMPLETED ON 24 NOVEMBER 2015 ("VARIATION TO THE UTILISATION OF RIGHTS ISSUE PROCEEDS")

Posted by eftee > 2016-03-23 09:34 | Report Abuse

The Board of Directors of Inix (“Board”) wishes to announce that the Company proposes to undertake the Proposed Acquisition and the Variation to the Utilisation of Rights Issue Proceeds.

Just tell lah what's so difficult.

Posted by richman > 2016-03-23 09:37 | Report Abuse

should breakout anytime

Posted by darkxfs > 2016-03-23 16:01 | Report Abuse

hope can get at 0.045

Posted by Angielim9955 > 2016-03-23 19:29 | Report Abuse

eftee Hi dear eftee , can explain to me abit because my english not so good ?
As my understanding if inix issue right issue then is a bad news, why you claim got good news.
actually what was the Yesterday's announcement meaning ?
Can explain abit mean inix share buy back or issue right issue ?
I appreciate your help

Posted by eftee > 2016-03-23 19:31 | Report Abuse

I never say good or bad. I just post what was announced. Someone earlier say good news

Posted by eftee > 2016-03-23 19:33 | Report Abuse

Rights issue already done and they collected about 37 million. From what I read they are paying this acquisition for 7 million. Wonder what are they doing with the rest

Posted by eftee > 2016-03-23 19:35 | Report Abuse

Angielim, yesterday's announcement was in reply to Bursa's UMA. They have to say something. Please look back at other's postings. I never recommend people to buy or sell.

Posted by Angielim9955 > 2016-03-24 03:23 | Report Abuse

eftee, sorry I misunderstanding,
so they posted got people purchase a lot right issue ?
and is that posssible Inix buy back their right issue to push up the price ?

Posted by azfar8 > 2016-03-24 11:30 | Report Abuse

According to eftee, right issue collected is 37 mil. Acquisition is just 7 mil. Let say the rest, they pay debt, expenses, maybe for working capital, for market cap companies of about 20 mil, this seem ridiculous.

Then again, before ex right, the price traded between 15.5 cent to almost 20 cent, last price is 0.185 cent, just discounting it is 0.165 cent, the ex price should be traded is 11 cent.

Now the price traded is only at 5 cent only. how much drop is that?