Posted by Awesome > 2015-06-25 12:27 | Report Abuse

I believe the party is related to Dr Jorg.. hehe

Posted by pisanggoreng > 2015-06-25 12:30 | Report Abuse

best thing to do now is to keep 50% ,

then decide what to do, when the picture is clear

do scare to sell low at 0.26

do not scare to buy high at 0.3

Posted by pisanggoreng > 2015-06-25 12:36 | Report Abuse

Awesome,

sorry to say, you are too emotional

please be more rational

you can win big

but you have equal chance to lose big

I still have 30% in the market

I also hope thing will turn out as you have wished

Posted by sky2 > 2015-06-25 12:37 | Report Abuse

The Board of Directors of Frontken Corporation Berhad is pleased to announce that at the Eleventh Annual General Meeting ("11th AGM") of the Company held on Thursday, 25 June 2015, the shareholders of the Company have approved all the resolutions as set out in the Notice convening the 11th AGM dated 21 May 2015.

Posted by ktrader > 2015-06-25 12:40 | Report Abuse

why delete....strange?

Posted by crawler > 2015-06-25 12:40 | Report Abuse

my money my pocket..nothing to do with OTB...I am a long term investor..I see good potential in the company.. Dr Jorg is good but without him the company still will do good..people comes and goes..business stays

Posted by JN88 > 2015-06-25 12:40 | Report Abuse

Share buy back??how many percent?

Posted by blackul66 > 2015-06-25 12:41 | Report Abuse

share buy back only

Posted by crawler > 2015-06-25 12:42 | Report Abuse

meaning sharebuy back as well approved to go on..more buying in afternoon

Posted by blackul66 > 2015-06-25 12:44 | Report Abuse

up to 10% of paid up capital as usual, historically they never buy anything more than a few mils

Posted by Awesome > 2015-06-25 12:45 | Report Abuse

wait for news coverage for who buy from Jorg.. patience dont get emotional like me.. hehehe.. lol==

Posted by pisanggoreng > 2015-06-25 12:45 | Report Abuse

OTB,

please bear in mind , many of us hold tight and top up more because they trust you

you have no obligation to help us,

but can you reveal just a little,

are you still holding tight, or .....

Posted by blackul66 > 2015-06-25 12:50 | Report Abuse

it is ok that there is some fear, it means we are not stupid. If you don't fear anything, something is very wrong already. What pisanggoreng just said has some merits, but i do my own judgement. Everyone else also should do the same.

Posted by Awesome > 2015-06-25 12:50 | Report Abuse

@pisanggoreng he sell or buy his right la.. u scare he sell u sell lo== u got reveal anything meh? == dont get emotional leh

Posted by pisanggoreng > 2015-06-25 12:51 | Report Abuse

the previous share back is 0.175, to protect the major shareholders interest, do not hope for share buy back to jack up the price

Posted by pisanggoreng > 2015-06-25 12:54 | Report Abuse

wait for their next buy back , we follow their price, if you want to hold more

Posted by pisanggoreng > 2015-06-25 12:55 | Report Abuse

Awesome,

I told you already, I sold 50 % keep 30%

Posted by pisanggoreng > 2015-06-25 12:55 | Report Abuse

sold 70% keep 30%

Posted by JN88 > 2015-06-25 12:56 | Report Abuse

who is the buyer? people attend AGM should know...

Posted by blackul66 > 2015-06-25 12:58 | Report Abuse

i am still keeping 100% since it is still way above my average and because of how i interpret the transaction even without much details.

Posted by pisanggoreng > 2015-06-25 13:00 | Report Abuse

what I actually want to tell you is a very simple fact

In share trading never trust anybody ,including me

do your own homework and make your own decision

FA is still a must for long term holder

TP is just to assess you MOS not for you to believe

Posted by Awesome > 2015-06-25 13:01 | Report Abuse

@pisanggoreng good strategy.. I bought in stages u sell in stages.. Good... Hopefully, it turns out to be good prospect to the company =) Cheers! Im still holding 100%.. hehe

Posted by crawler > 2015-06-25 13:03 | Report Abuse

pisanggoreng..what you did was your own decision..you don't need people to agree with you. Investment is your own decision anyway, so why must you convince people to follow your traits

Posted by Ooi Teik Bee > 2015-06-25 13:04 | Report Abuse

Posted by pisanggoreng > Jun 25, 2015 12:45 PM | Report Abuse

OTB,

please bear in mind , many of us hold tight and top up more because they trust you

you have no obligation to help us,

but can you reveal just a little,

are you still holding tight, or .....

Ans : I am honest, I still hold the share. I also did not tell my subscribers to sell. Many of the readers here are my subscribers.

I do not know what is the reason behind this married deal.

I have my strategy plan, there are plan A and Plan B.

To avoid this fear, I suggest you set a cut loss level so that you are covered. Final decision is yours.

I end with this,
寧可天下人負我, 休教我負天下人

Thank you.
Ooi

Posted by pisanggoreng > 2015-06-25 13:05 | Report Abuse

Awesome,

if you want OTB to guide you , then be his client

there is no free lunch in this world

there are many cries no tear in this world

Posted by Awesome > 2015-06-25 13:07 | Report Abuse

@pisanggoreng Im his client==

Posted by sky2 > 2015-06-25 13:10 | Report Abuse

Pisanggoreng...better for u to continue your pisang goreng elsewhere than to lecture us on whether to trust OTB or not ...We are matured investors and we can judge OTB on our own......and we treasure his contributions from time to time....though I am not his client..and not linked to him

Posted by pisanggoreng > 2015-06-25 13:11 | Report Abuse

do not think there are still many sifu holding tight

all have already long disappeared

real sifu do not like too much uncertainties one

Posted by JN88 > 2015-06-25 13:12 | Report Abuse

No correct or wrong just people walk in different timing and getting different price and set different TP.

Type1:
People who bought at 0.22-0.24......selling TP at 0.28-0.30...

Type2:
People who bought at 0.26-0.28...trying to sell at 0.29-0.32..

That is why you today see so many q at 0.28-0.30....
Obviously many many ady took their profit last few day ...

YOUR MONEY INVEST AT YOUR OWN RISK.........

No point to ask people sell to buy lower ,no point to ask people buy to sell higher.
Want to earn money?? Do more work just like icon8888 and many other investors here...

Posted by sky2 > 2015-06-25 13:17 | Report Abuse

If the buyer is ( assumed ) to be a German Corporate co..then this company might have to report back to their stock exchange first...then only comes the Bursa filing...correct me if I am wrong..extra time taken

Posted by batam > 2015-06-25 13:22 | Report Abuse

anyone went to AGM today

Posted by batam > 2015-06-25 13:24 | Report Abuse

I guess cleanpart bought the shares

Posted by sky2 > 2015-06-25 13:25 | Report Abuse

Ya Batam..most likely.....from one hand to another

Posted by blackul66 > 2015-06-25 13:25 | Report Abuse

cleanpart is partially owned by hohnloser family anyway, the recent MBO introduce DBAG into the equation

Posted by pisanggoreng > 2015-06-25 13:29 | Report Abuse

OTB,

thank you for your clarification and useful advice

I got to irritate you because some are getting too emotional already
esp awesome, I do not know he is your student. his overconfident could have misled the newbies

I hope you can judge in my posting there is no intention to bad mouth you . it is just a word of caution to them to play safe

Posted by Ooi Teik Bee > 2015-06-25 13:39 | Report Abuse

Ok. Your clarification is accepted with good faith.
Thank you.

Posted by Chin Fei Hiew > 2015-06-25 13:45 | Report Abuse

Any news from AGM?

Posted by samyew1234 > 2015-06-25 13:48 | Report Abuse

Hi, just attended the AGM, nothing new, chairman Mr. Ng said the buyer will be revealed soon, he also doesn't know who is the buyer

Posted by Jenniewong > 2015-06-25 13:48 | Report Abuse

will drop to 0.255/0.250.... just watch the show

Posted by samyew1234 > 2015-06-25 13:49 | Report Abuse

with regards to the Tanjung Bin project, this is the first time the company tenders as turnkey contractor with very competitive tender price, hence, the contribution to the bottom line is minimal

Posted by JN88 > 2015-06-25 13:51 | Report Abuse

@samyew1234: share more pls...hahahah

Posted by samyew1234 > 2015-06-25 13:51 | Report Abuse

On the Taiwan side, he mentioned about changes in the technology required in the semi con industry with more sophisticated stuffs, so the demand for the services will definitely increase, he mentioned some technology terms which I didn't jock it down

Posted by sky2 > 2015-06-25 13:51 | Report Abuse

Thanks Samyew for the updates

Posted by comm > 2015-06-25 13:53 | Report Abuse

shIt... we are screwed... Dr jorg dump his frontken and exit the company after some bitter argument with the other majority shareholders.

Posted by samyew1234 > 2015-06-25 13:53 | Report Abuse

On the dividend side, Mr. Ng said the board is always deliberating on it and will consider to pay dividend when the time is appropriate

Posted by samyew1234 > 2015-06-25 13:55 | Report Abuse

In term of semi-con servicing industry, Frontken is the leading player in Malaysia with more than 90% market share, but not oil & gas, the Tanjung Bin is the first project whereby they are still evaluating it whether to venture into it in the future in big scale whereby the margin is small, they have the same projects in Sg but the size is small, only as sub con

Posted by batam > 2015-06-25 13:56 | Report Abuse

Thnaks samyew for sharing

Posted by samyew1234 > 2015-06-25 13:56 | Report Abuse

Sg market is a bit slow down, and he expects Indonesia market to be good although the progress is slow, in term of China, they are in the midst of evaluation and definitely would like to capture the market there

Posted by waine82 > 2015-06-25 13:57 | Report Abuse

thanks to samyew1234 for sharing

Posted by sky2 > 2015-06-25 13:57 | Report Abuse

Samyew..that is why Cleanpart needs to come into the picture...to become the direct owner of Fronkten ..more so Cleanpart is part of bigger entity DBAG/DR Jorg.........clear lines needed to be drawn...to avoid the conflicts of interest