Posted by steadybombibi > 2020-06-12 10:12 | Report Abuse

S5 valuation based on 10% stake bought by MYEG at RM90 million, it will be RM900 million, connect current market cap is only 50-60 million, just imagine the upside potential.

Posted by Justmeme > 2020-06-12 10:49 | Report Abuse

Is S5 stake with Connect a done deal or is S5 seeking a separate new listing in 2 years time ?. I am a bit confuse here.

Posted by Justmeme > 2020-06-12 11:26 | Report Abuse

Can someone help enlighten me on this ?

Posted by investorbasi > 2020-06-12 11:32 | Report Abuse

@Justmeme basically people here are betting that S5 will do a backdoor listing with connect then if s5 gets the 1.5billion deal on iis then everyone going to go just ah heng ah. because some people in this forum said that they have information that the deal is going through. Apart from that myeg bought 10% in S5 so people are concluding that s5 got the deal. it's just a bet for now until news comes out

Posted by amidzham85 > 2020-06-12 11:41 | Report Abuse

Rocket!

Posted by covid19la > 2020-06-12 11:50 | Report Abuse

what if this is really fake news?lol connect boss laugh all the way to bank now

Posted by stncws > 2020-06-12 11:53 | Report Abuse

IF REAL TAKEOVER...U GOT NO CHANCE TO KNOW...

PEAK IS OTW

Posted by SpicyMcDeluxe > 2020-06-12 11:53 | Report Abuse

Congrats All, Well Playeed

Posted by covid19la > 2020-06-12 11:55 | Report Abuse

people start goreng on may only, i mean RTO will take long time to do, why not goreng long time ago if the news leaked, and why leak now if they keep it under the carpet so well

Posted by Joe8 > 2020-06-12 12:07 | Report Abuse

Is Connect's preferential shares undervalued? only .17 + 0.1 = .27 when mother is already .35 while other warrants are .220 + 0.1 = .32?

Posted by mf > 2020-06-12 12:08 | Report Abuse

next 0.420

Posted by stevenckheng > 2020-06-12 12:10 | Report Abuse

when to tp ? or hold till listing ?

Posted by Joe8 > 2020-06-12 12:18 | Report Abuse

Can anyone explain the diff between preference shares and warrant. Up there i see "Conversion of Preference Shares - 1,351,500 shares at 0.100" Seem to be the same as warrant, only need 10sen for conversion?

Posted by Justmeme > 2020-06-12 12:18 | Report Abuse

@investorbasi. Thank you. Clear I think base on the present price action and volume the story must have some truth to it. If no wood, there is no fire. MYEG will not buy a stake in S5 for nothing an S5 is not big enough for even bat an eye on it. . For S5 if there will to get the 1.5bil project they are currently too small and not capitalized enough to take up the task. With single project of this 1.5 bil, getting a listing is also not easy as it is A project. It does makes sense to get a listed vehicle to better for fund raising and have a higher capitalization of at least 20% of the project etc etc. If Connect now is 60 Mil then it need to be around 300 to 400 Mil Capitalized.

Question is what is the strike price. I would think base on last few months action, if there is a strike price being made, it would be around 10-12 cts. If so after the back door listing, Connect must be valued at above 50 cts after the take over to make for S5 the deal to be worthwhile. MyEG is currently too full to get stomach another project this size without any question being asked.

But the real test will come with yesterday T+2 when it is due. We will know how many are genuine investor and how many are just speculative traders and if the story have any merit.

Posted by dxbman > 2020-06-12 12:19 | Report Abuse

Strong buy. Limit up in the afternoon

Posted by paulthesotong > 2020-06-12 12:45 | Report Abuse

Food for thought.....The boss 76 % in s5 650m.if marry then how?

Posted by TrendLai > 2020-06-12 12:49 | Report Abuse

Pending an announcement or otherwise may kena UMA, for the speed accelerated

Posted by birkincollector > 2020-06-12 12:51 | Report Abuse

yeah bewared of MUA....can book some profit .....u dun want it to be another acostec

Posted by Tony Wong > 2020-06-12 12:55 | Report Abuse

buy in warrat

Posted by Tony Wong > 2020-06-12 12:56 | Report Abuse

warrant A and B BUY IN

Posted by HandsomeGain > 2020-06-12 13:25 | Report Abuse

Guys, please buy in as just got some news from a fren but yet verified.. the news will release after closing today.. next week cant buy at this price anymore.. trade safe and hope we are correct.

Posted by SpicyMcDeluxe > 2020-06-12 13:27 | Report Abuse

Ok boss

Posted by mf > 2020-06-12 13:27 |

Post removed.Why?

Posted by HandsomeGain > 2020-06-12 13:45 | Report Abuse

My average is 0.23 so i feel my holding position is greater than anyone. If you guys made enough profit and feel to cash out 1st then will be perfect too.. important is generate positive cash and thats all..Trade safe everyone.

Posted by Justmeme > 2020-06-12 13:59 | Report Abuse

Tony Wong. For all those interested in the warrant please take note. At the moment the PA is the cheapest. Both the WA and WB Warrant need 10 cts to convert to the mother shares. The PA needs 7.5 cents to convert to the mother shares. The Warrant price is now current higher than the PA Price. I am not sure why. So if you keen and offer more value for money, buy the PA.

Posted by SmoothDriving > 2020-06-12 14:00 | Report Abuse

Connect current trade at 0.36 as at 12/6 12.30pm
Connect-PA based is 0.025 Trade at 0.175
Exercise price is Rm0.1 ( simillar to warrant A or B)
To exercise = (0.175-0.025) + 0.10 = 0.25 = mother share
Meaning if u decide to exercuse 1000 PA to Mother share
Your cost = 0.25
Your profit= 0.36-0.25 = 0.11 x 1000 share) = 110 additional profit margin

Buy PA, Coz later price will adjust simillar to warrant.

Posted by lohmh > 2020-06-12 14:15 | Report Abuse

I think many ppl confusing on the conversion of PA as many options being offered.... Many ppl really dont look at conversion, just based on market sentiments....

Posted by kenie > 2020-06-12 14:16 | Report Abuse

CONNECT ANG CHUANG JUAY (200,200 units Disposed)

Posted by Syndicates > 2020-06-12 14:19 | Report Abuse

can explain to me why (0.175-0.025)?

Posted by mf > 2020-06-12 14:19 | Report Abuse

MR ANG CHUANG JUAY (a substantial shareholder) disposed 200,200 shares on 11-Jun-2020.

Posted by ERIC > 2020-06-12 14:31 | Report Abuse

simply say, PA plus rm0.075 can convert to an ordinary share instead of WA/WB needs rm010

Posted by covid19la > 2020-06-12 14:36 | Report Abuse

lol, time to run

Posted by Suhairi Suhaimin > 2020-06-12 14:36 | Report Abuse

Board disposing shares. Run!!!

Posted by ASB79 > 2020-06-12 14:41 | Report Abuse

Sell down a little to pick up more after lunch....!

Posted by pretty_life > 2020-06-12 14:42 | Report Abuse

you dispose... I sapu... let push to 0.420 later... huat ar.. coming soon next momentum

Posted by HandsomeGain > 2020-06-12 14:53 | Report Abuse

can see its accumulating at 0.36 that range.. later sure have another wave to push up.. how far can go today cant sure but definitely pretty well.

Posted by stephenkai1996 > 2020-06-12 14:54 | Report Abuse

Istone ===== 0209 Focus!!

Posted by hkhk > 2020-06-12 14:55 | Report Abuse

PA so much slower than WA/WB

Posted by desperado1694 > 2020-06-12 15:03 | Report Abuse

go go go....

Posted by ERIC > 2020-06-12 15:07 | Report Abuse

mean the wave is lead by retailer who dont know the conversion rate.. :-P

Posted by Anderu > 2020-06-12 15:07 | Report Abuse

Losing fuel

Posted by ASB79 > 2020-06-12 15:08 | Report Abuse

need to ramp up !
may be lunch was too heavy

Posted by ERIC > 2020-06-12 15:08 | Report Abuse

else the PA price should be RM 0.025 higher than WA/WB,

Posted by PutraZ85 > 2020-06-12 15:18 | Report Abuse

I'm sticking to my trading plan, lantak lah sapa nak dispose pun, still no sell signal

Posted by Justmeme > 2020-06-12 15:31 | Report Abuse

You are right. No sell signal yet. At this volume and trading pattern, this price is low.

Posted by PutraZ85 > 2020-06-12 15:34 | Report Abuse

Not sure about the price, but yes, volume don't lie

Posted by TrendLai > 2020-06-12 15:44 | Report Abuse

Together we hope for the the closing to be chantik

Posted by misk_72 > 2020-06-12 15:44 | Report Abuse

keep trade with this counter & right now stable ....can make profit

Posted by HandsomeGain > 2020-06-12 15:44 | Report Abuse

Keep accumulating...not sure hows the wave but definitely some good happen...

Posted by pretty_life > 2020-06-12 15:49 | Report Abuse

Holding power and accumulating more here.. waiting for 0.420 and 0.45