OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings Limited) (“Captii”)), a 58.3%-owned subsidiary of ASB (held via Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of ASB), to the Singapore Exchange Securities Trading Limited (“SGX”)
ADVANCE SYNERGY BERHAD
Type Announcement Subject OTHERS Description ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings Limited) (“Captii”)), a 58.3%-owned subsidiary of ASB (held via Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of ASB), to the Singapore Exchange Securities Trading Limited (“SGX”)
Pursuant to paragraph 9.19(40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), we wish to inform Bursa Securities that Captii, our subsidiary which is listed on the SGX, had on 26 May 2014 released an announcement concerning update on the petition filed for interim relief by Unified Telecom Private Limited, a joint venture entity of Captii in India. Please refer to the attached file for the said announcement made by Captii to the SGX.
like abv comments......this company is asest rich. As a business, they are damp screwed .If they dont control the stk price well, they will be even screwed. Almost 100 pct up already, .
Still not very clear about asb-la? Is it mean -la must have 0.15 to convert to mother share by A) 1 LA + 0.15 or B) 2LA.........so if mother more than 0.3..LA will fly current mothrr 0.26, LA 0.115
thks calvin for ur tips....spotted ASB cos ur write up also... how many lots u pumped into this? Im still stuck at the current symphony. :( until the RTO is firmed up, nothing will happen as of now. ASB is actually a gem like focal aims....just waiting for the time to explode.
I recommended ASB to Regain Choco Ship people in hope that they make some money. You see ASB was traded range bound between 13 cts to 17 cts. So at 14.5 cts the downside is very limited.
And since ASB has sold a property to unlock Cash I calculated its asset value. To my surprise I found them very undervalued.
I bought 50,000 shares at 14.5 cts & 50,000 shares at 15 cts. A total of only 100,000 shares or 100 lots only. As Price Has Surged So Much I had Taken Some Profit. The Rest I Will Keep For Long Term As They Are My Profit. Let the profit run...
We should buy below Intrinsic Value & Sell When Market Is Overvalued.
As For ASB I have yet to fathom its True Value. I Think Longer Term ASB Should Rise Above 50 Cts to RM1.00
Short term I really cannot tell. Please trade carefully
92million goodwill on consolidation... no profit... net borrowings...i duno why people chase this stock, they didnt count the ICULS in to calculate its net asset value...overpriced?
the support already there..and most of the yesterday contra already take the profit..hope will continues uptrend. early morning 20% volume (compare to yesterday) is trade below yesterday price.....so hopefully today is a good day for ASB again
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
asriruslan
2,081 posts
Posted by asriruslan > 2014-05-26 16:21 | Report Abuse
time to lock profit