Posted by Jeffreyteck > 2020-07-19 09:19 | Report Abuse

Interesting but not many will hold for LT.

Posted by Pershing > 2020-07-19 16:54 | Report Abuse

Joycelee obviously you do not take my warning seriously. That already history, not too late for you to switch, you don't think short term play etc. This will be rewarding.

Rowie your calculation is wrong. Don't worry abt technical parts. Your initial target of buying connect is already right, (because of S5) now you must adapt to the change strategy, change vehicle. Nobody cheat you of anything, that how the biz works....don't freeze...adapt....respond....action.

Posted by High5 > 2020-07-19 16:54 | Report Abuse

When Ancomlogistic shot to limit up at 43cts when trading resumed i bought it when it went down to 34cts i bought more n when it went down to 29.5-31cts i again bought more to average down. My averaged price is 33 im in profit position...I wil probably sell some to make profit on monday if it gapped up..
any dropped i wil buy again...Some i wil keep til they announced Niis contract

Posted by High5 > 2020-07-19 17:02 | Report Abuse

Trading in penny stock quite risky ...a counter can gap up the most for 2 consecutive days...b4 falling under SC radar...Once u missed the chance to sell u might end up carrying yr loss for long period of time...the worse is u watch the price slowly dropping volumm of trade also dropped...then yr fund got locked up ..thats why one must dare to pare down yr losses n move on to other counters ...

Posted by High5 > 2020-07-19 17:10 | Report Abuse

Trade wt Caution...Eps penny stock...
is a 1-2days wonder swing up show...At current mkt Many Cooked Up Ambiguous Corporate News just to trap us...

Posted by High5 > 2020-07-19 17:20 | Report Abuse

When we trade penny stock the logic thinking, the fundamental n sound investment rules all thrown out the window...We mostly RIDE ON A HOPE & A BELIEVED.
Based on this trading principle that got me & some u trapped here..Vr sorry to say this....

Posted by Winner267711 > 2020-07-19 21:57 | Report Abuse

High5, I got what you mean, it’s useless to hold the hopeless counter, rather die one time than die slowly.....
If didn’t cut loss now , if it keep drooping, the money will gone slowly too.....sad.....

Posted by Moneyfind2 > 2020-07-19 22:43 | Report Abuse

Hope MA200 well support.MA200 fans will come in & set target bounce to meet MA50

Posted by Britishshorthair > 2020-07-19 23:23 | Report Abuse

I also wanna list company.

Posted by Britishshorthair > 2020-07-19 23:27 | Report Abuse

ctually interesting, If i am thinking about it, 10 cent share price RTO very very. low. (900 million) . So they issue the additional shares at 10cent for 90%. 10% sale from MYEG not finalised yet, or how to pay.

MYEG Capital had on 10 June 2020 acquired 118,000,000 shares of S5 for a total purchase consideration of RM90,000,000.00 (“Initial Investment”).

The 10% buy from MYEG , Ancom Logistics need to raise 90 million cash just to buy. Maybe from their divestment to Nylex. First where is 90 million from, and do they have cash to buy.

Next, lets say the balance of the 90% shares would be RM 810 million, Ancom L will issue about
(RM 810m/10Cents) =, 8.1 billion shares to S5 shareholder compensate at equal that value.

Compared to about 467 million shares of AncomL currently have, total it would be at 8.567 billion (8.6b) number of shares.

900 million which is total value divide by 8.6 billion number of share is at 10.465 cents, which is already at myeg value of S5. Since reverse take over share price already declare at 10 cents...will it be a massive dillution? Now if the price already at 40 cents, the company is worth around 3.4 billion.

They RTO get the shares at 10 cents and sell the shares... which they got for 10 cents at maybe 40 or 45 cents (current Price)... they got a whooping 30-35 cent margin from 8.1 billion shares. Lets say they sell 4 billions shares and keep the rest, with 35 cent margin (for easy calculation) ... that's a whooping rm 1.4 billion ringgit pure profit..just from listing. when the actual value at rm 900 million compared to the number of shares is about 10.465 cents with MYEG valuation. No need to get NIISE contract already 1.4 billion profit.

Posted by Joycelee > 2020-07-19 23:45 | Report Abuse

Rowie i agree with you tats y i din invest in ancomlb, I'm tired on speculation stock for niise project , is like all just goreng , i still prefer those fundamental strong company , anyway good luck everyone ya

Posted by Britishshorthair > 2020-07-19 23:59 | Report Abuse

The drama damn smart.. myeg did the valuation for S5, just by buying and selling. Haiz.. wish i thought of this earlier..

Posted by Winner267711 > 2020-07-20 05:48 | Report Abuse

If like this, connect still got hope to bounce back ? What I worry is drooping more ..can someone give advice?
Meaning the RTO is totally hopeless?

Posted by Winner267711 > 2020-07-20 05:55 | Report Abuse

Joycelee, I understand cut loss is too pain, I am trying recover with MNC . My friend told me the Graf is nice. May be you can earn some money in this counter. Please do some survey before you invest it, disclaimer: this is not buying call. Risk on your own .

Posted by Britishshorthair > 2020-07-20 08:24 | Report Abuse

Feels like ancomL still got risk on the RTO, however depends on regulators now. Since they offer Share price at 0.10 cent.. after RTO, if diluted with too much shares, maybe price drop back to fundamentals. so time to make money is before they RTO, assuming everyone buys into it.

That's why they did not mention number of shares to be issued, just price at 0.10 cent. the last calculation i saw is at 1 billion shares, and 400 million shares last time on connect county. However at 0.10 cent, the number of shares to be issued must exceed 8 billion shares. this is madnness.

Posted by ZStrader > 2020-07-20 09:53 | Report Abuse

q 10 cent... pls eat me...

Posted by Ticker > 2020-07-20 10:07 | Report Abuse

when Niis project will announce?does anybody know...

Posted by bonnhh > 2020-07-20 10:48 | Report Abuse

@Ticker..latest update will be on Aug.. story might change from time to time

Posted by yeochingu > 2020-07-20 11:19 | Report Abuse

die share..chase high people all crying
hope you are fine
Why goreng peny stock

Posted by EarnAmeal > 2020-07-20 11:20 | Report Abuse

buy and keep, maybe will RTO in another 10 years, who knows?

Posted by High5 > 2020-07-20 11:32 | Report Abuse

Stimes when u trade in penny u must accept the risk is higher but if u sensed its goin down trend do find courage to chop down holding...The mkt sentiment is stil good we all can stil make money fr other pennu stock wt the fund stuck here...This is just my honest opinion

Posted by yeochingu > 2020-07-20 12:30 | Report Abuse

kikiki..
10 years President suite everyday sad sad see other share fly fly

Posted by yeochingu > 2020-07-20 12:43 | Report Abuse

don be sad yea.. from 30sen i saw people shout go go go and now just left 115..
those who shout will rocket, i hope they are fine
buy little bit wan earn pocket money don say like u sailang your wealth..
some people dono thought you guys bought a lot
for those who bought alot RIP
this share bearish
expected to be like Permaju, the bearish not end yet
0.05 i will buy

Posted by yeochingu > 2020-07-20 12:47 | Report Abuse

obviously fake news keep pop out Big Shark gonna take profit and lure more fishes in

Posted by nocommenta > 2020-07-20 13:14 | Report Abuse

https://www.theedgemarkets.com/article/ancom-chairman-siew-ka-wei-rema...

https://www.edgeprop.my/content/1460526/macc-arrested-ex-tourism-malay...

Not sure why i3investor.com keep deleting/disallowing me from sharing such news.

Posted by nocommenta > 2020-07-20 13:15 | Report Abuse

The Edge Financial Daily January 09, 2019 | Updated 1 year ago

KUALA LUMPUR (Jan 9): A former Tourism Malaysia official was reportedly remanded for four days over a RM100 million tourism contract awarded before Malaysia's 14th general election. Datuk Siew Ka Wei has been arrested by the Malaysian Anti-Corruption Commission (MACC), according to news reports.

Posted by nocommenta > 2020-07-20 13:15 | Report Abuse

want to have a better understanding of the structure of s5? google "weechookeong s5 technology"

Posted by Hunter8888 > 2020-07-20 13:15 | Report Abuse

i think after afternoon maybe up.becouse 4 day price oversold.price breakdown know.will move up soon

Posted by yeochingu > 2020-07-20 13:56 | Report Abuse

Permaju drop how many days yea..
Connect just start to drop only

Falling knife..whose hand Thick enough then go catch yea

Posted by yeochingu > 2020-07-20 13:57 | Report Abuse

I will buy when you tell me you give up...
kikikiki

Posted by Pie Yiee > 2020-07-20 15:00 | Report Abuse

just take all my money as charity and hopefully this company will bankrupt soon. too premature ejaculation konek to handle

Posted by Britishshorthair > 2020-07-20 15:09 | Report Abuse

Lol suddenly i thought, this company so many grey areas, they wouldnt want to be listed. Why list, when you can keep all the spoils to yourself. Its another drama , after one company, second company. Suddenly i sour grape already. Hahaha

Posted by yeochingu > 2020-07-20 16:33 | Report Abuse

la ji company
垃圾

Posted by samfine11 > 2020-07-20 17:15 | Report Abuse

LOST TILL I DONT KNOW HOW TO DESCRIBE MY EMOTION NOW

Posted by samfine11 > 2020-07-20 17:16 | Report Abuse

AND THEN THE RAKUTEN ALWAYS PENDING STATUS.....I REALLY DONT KNOW HOW TO SAID NOW

Posted by yeochingu > 2020-07-20 18:07 | Report Abuse

Guys, do not look back..
get back to work, next time dont chase high...

Posted by birkincollector > 2020-07-20 18:12 | Report Abuse

those stuck....the silver lining is 0.100 is the support because tats the price for conversion

Posted by Britishshorthair > 2020-07-20 20:02 | Report Abuse

I still think damn fishy...

1) they announce suddenly, no leak news and only a unsigned head of agreement
2)the company is empty logistic company, and connect fits the profile more (system integration)
3)ancom say rto at 10c which is too cheap and unbeliveable.

Btw i declare i cut loss already at negative 60k, so just discussing

Posted by Mytrd > 2020-07-20 20:07 | Report Abuse

For those already cut lost dun look back and moving forward.

Posted by Joycelee > 2020-07-20 20:33 | Report Abuse

I still will come and look back this counter, just to make sure everyone is still okay , is really pitu for those who still die die waiting for rto or any miracle....

Posted by NawaMan > 2020-07-20 20:37 | Report Abuse

If I were you guys... I would wait for another week at least until their AGM coming on 28th, surely they will do something and make price to rebound.

Posted by pathma > 2020-07-20 21:13 | Report Abuse

Joyce good to see you're OK. what shares are you trading now

Posted by Joycelee > 2020-07-20 21:43 | Report Abuse

Pathma , I'm now move to harta , supermx counter haha

Posted by lclwyp > 2020-07-20 21:43 | Report Abuse

Last announcement they said in talk on RTO. Why no announcement once deal falls through? Can we sue the directors?

Posted by Mytrd > 2020-07-20 22:24 | Report Abuse

Joycelee, glove counter price now very high, trade cautiously . If for Long term can consider MMC.

Posted by Winner267711 > 2020-07-20 23:47 | Report Abuse

Sad to see this counter price drop again, still holding for hope....

Posted by Winner267711 > 2020-07-20 23:49 | Report Abuse

Nawaman, I have same thinking as you. Now , staying in the suite already. Cut loss is too pain. Still holding for hope...

Posted by Doremon99 > 2020-07-21 00:10 | Report Abuse

Good news... Waiting for rebounce this Friday

Posted by yeochingu > 2020-07-21 02:08 | Report Abuse

obviously Ancomlb is the real deal RTO with S5

This connect is just Goreng up...
When market know the news is fake, Sure back to 0.05
Those who stubborn die die wanna hold and buy then I will not say anything...
accumulate, create Fake News, Goreng, Run
No second wave la..second wave for you to Run?
hehehe...Banker not stupid...Banker playing you guys, you guys still hope it will raise
Naive

Posted by yeochingu > 2020-07-21 02:10 | Report Abuse

don make me laugh gao you guys later yea...

heee heee hee