Posted by yong > 2013-07-30 14:14 | Report Abuse

Hoo:confirm bo??

Posted by divine > 2013-07-30 14:24 | Report Abuse

starting?

Posted by nahcee > 2013-07-30 14:29 | Report Abuse

3.30pm . Wait n see.

Posted by shahfar8 > 2013-07-30 14:36 | Report Abuse

goreng down???

Posted by nahcee > 2013-07-30 14:46 | Report Abuse

up, up, up!!!

Posted by shahfar8 > 2013-07-30 15:06 | Report Abuse

25 minutes to go......

Posted by minshome > 2013-07-30 15:07 | Report Abuse

Hoo Ann Teo : what you mean by that ?

Posted by shahfar8 > 2013-07-30 15:07 | Report Abuse

i hope u r rite nahcee... dont upset us ;(

Posted by shahfar8 > 2013-07-30 15:33 | Report Abuse

FYI - goreng time has been postponed until further notice from nahcee and Hoo Ann Teo

Posted by gambir > 2013-07-30 15:35 | Report Abuse

hahaha... back to red color :D

Posted by williamtan9108 > 2013-07-30 15:53 | Report Abuse

collect collect =)

Posted by vinvin > 2013-07-30 16:55 | Report Abuse

One day up n one day down!! Very dull!!

Posted by gynko3655 > 2013-07-30 17:06 | Report Abuse

Tomorrow will be up :)

Posted by gambir > 2013-07-30 17:07 | Report Abuse

up 0.005 but down 1 sen... huhuhu

Posted by williamtan9108 > 2013-07-30 18:24 | Report Abuse

actually u all can see there is a good support at 0.12 so no worry be patient it will up soon =)

Posted by williamtan9108 > 2013-07-30 19:52 | Report Abuse

today a bit hiccup bcoz many focus on sona.. nvm.. soon will come back =)

Posted by khin1029 > 2013-07-31 14:41 | Report Abuse

Flonic!! The time is now...

Posted by khin1029 > 2013-07-31 14:43 | Report Abuse

big fish are buying few thousand lots. Any internal news?

Posted by keyin > 2013-07-31 14:54 | Report Abuse

Start goreng...

Posted by gambir > 2013-07-31 14:58 | Report Abuse

pls dont look behind anymore...

Posted by nahcee > 2013-07-31 15:00 | Report Abuse

0.14 in the hope.

Posted by vinvin > 2013-07-31 15:08 | Report Abuse

I've already sold all my shares at 13 sen n not going to touch this counter for the moment.

Posted by williamtan9108 > 2013-07-31 15:09 | Report Abuse

Im still holding tight =)

Posted by gambir > 2013-07-31 15:09 | Report Abuse

congrat vinvin. hope u make some $$

Posted by minshome > 2013-07-31 15:16 | Report Abuse

move so less...hard to earn moree..

Posted by williamtan9108 > 2013-07-31 15:17 | Report Abuse

hope it wont goreng too fast abor kena UMA then jia lat! haha

Posted by vinvin > 2013-07-31 15:30 | Report Abuse

Tq gambir, luckily not losing n made enough for family outing for a dinner at a restaurant only.

Posted by williamtan9108 > 2013-07-31 15:31 | Report Abuse

congrats bro! happy for you =)

Posted by vinvin > 2013-07-31 15:37 | Report Abuse

Tq williamtan9108, hope ur turn to make some. Good luck to all of u.

Posted by Md Jazni Jamal > 2013-07-31 15:45 | Report Abuse

me also still holding tight =)

Posted by OSWALD > 2013-07-31 17:31 | Report Abuse

I cuti offline 2 hari - semua turun.

Posted by williamtan9108 > 2013-08-01 00:27 | Report Abuse

thanks vinvin =)
fbm klci red red that's why all red red.. no worry it will rebound soon =)

Posted by OSWALD > 2013-08-01 01:37 | Report Abuse

Went through Flonic's announcements:-

1. Flonic circular dated 8/2/13 on purchase of Jiwa Holdings:-
a) To purchase 30% (300,000 shares) for RM 3.75m.
b) One year option to purchase addition 21% at same rate.
c) Jiwa Holdings has a 40% subsidiary Jiwa M&E.
d) PAT guarantee of not less RM 2.9m for year ending 30/9/13 to
shareholders of Jiwa Holdings

2. Flonic’s circular dated 3/7/13 on par value reduction process:-
a) Par value reduction will wipe out the accumulated losses.
b) Reduction still needs court approval - target mid August.
Completion scheduled end August 2013
c) Jiwa Holdings has a ‘M&E clean up program’ for 7-11 stores in
K.Lumpur with remaining project value of RM 4 million from Aug
to Dec 2013.
I presume here that this 7-11 clean up program is undertaken by
Jiwa M&E, a 40% subsidiary of Jiwa Holdings which is a 30%
subsidiary of Flonic.

3. Flonic’s announcement dated 23/7/13:-

a) Jiwa M&E has a 3 year ‘maintenance service agreement’ with 7-11
from 1/6/13 till 31/5/2016 with option for another 3 yrs.
b) Fee is RM 800 per month for each store that has been certified
‘Integrated Maintenance Compatible.’
c) Flonic’s announcement to Bursa did not say no. of stores.
Other news report state ‘1,100 stores belonging to VT’s
Berjaya.’

4. From the above, my comments/questions are:-

a) How many 7-11 stores have been and are to be certified
‘Integrated Maintenance Compatible’? Can’t be all the 1100+
stores, all over the country – it will be a logistic nightmare
to undertake the monthly maintenance works. Imagine the no. of
branch/regional offices that Jiwa M&E would need to have in
Penang, JB, Kuantan etc etc.
b) The 3/7/13 announcement mentioned an existing M&E Clean Up
Program with remaining project value of RM 4m for 7-11 stores in
Kuala Lumpur which I presumed is by Jiwa M&E.
So likely, the 23/7/13 agreement refers currently at best to 7
-11 stores in central region first
c) The no. of 7-11 stores involved would not be many 100+, 200+,
300+? Only.
d) Flonic’s stake in Jiwa Holdings is 30%. Jiwa Holding’s stake in
Jiwa M&E is 40%. – value wise, this 7-11 deal is not much to
Flonic but at least somethinglah.
e) Remember – the par value reduction will wipe out accumulated
losses and currently, Flonic has zero gearing. This will be
attractive to any ‘new investor’.
f) However, the par value reduction will have to be completed
first….............end August.

Posted by dannytomato > 2013-08-01 10:47 | Report Abuse

Masuk lagi masuk lagi.. see Utopia too..

Posted by shahfar8 > 2013-08-01 14:51 | Report Abuse

yihaaa..... come on flonic hit 0.15

Posted by williamtan9108 > 2013-08-01 14:53 | Report Abuse

chill~ oh ya.. dont miss it warrants if you have extra bullet =)

Posted by gambir > 2013-08-01 14:56 | Report Abuse

sold mine.

Posted by shahfar8 > 2013-08-01 15:00 | Report Abuse

i think by 3pm its will stop to rally... but who knows... ;-)

Posted by Maximun1234 > 2013-08-01 15:06 | Report Abuse

sold all mine at 0.145..wew..i wish it will go up more for other bros! Gluck!

Posted by gambir > 2013-08-01 15:07 | Report Abuse

congrats max $$.

Posted by hulkgod > 2013-08-01 15:08 | Report Abuse

LOL.....the people goring this counter really no backup....so early pancit lol. bodoh goreng crew

Posted by Maximun1234 > 2013-08-01 15:09 | Report Abuse

Thanks gambir same to you.

Posted by williamtan9108 > 2013-08-01 15:19 | Report Abuse

too early bro but anyway congrats!

Posted by Maximun1234 > 2013-08-01 15:21 | Report Abuse

william whats your tp? I know man but i needed funds for another counter which is very silent but coming up..hehehhe

Posted by shahfar8 > 2013-08-01 15:28 | Report Abuse

yeah, too early guys... i agree wit williamtan9108... we are in same boat..

Posted by shahfar8 > 2013-08-01 15:28 | Report Abuse

anyway as long as u get ur profit, congrats guys...

Posted by shahfar8 > 2013-08-01 15:30 | Report Abuse

max, which counter? lets share if u dont mind (as usual).. hahahah

Posted by Maximun1234 > 2013-08-01 15:32 | Report Abuse

Lol. will email you. =)

Posted by gambir > 2013-08-01 15:33 | Report Abuse

email to me too max... :)

Posted by shahfar8 > 2013-08-01 15:33 | Report Abuse

thanks max!!!