SEAL INCORPORATED BHD

KLSE (MYR): SEAL (4286)

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Last Price

0.705

Today's Change

-0.01 (1.40%)

Day's Change

0.70 - 0.71

Trading Volume

341,600


9 people like this.

4,134 comment(s). Last comment by Good123 3 days ago

XXXvalue

457 posts

Posted by XXXvalue > 2021-08-04 18:25 | Report Abuse

that was a sift attack, about an hour and they're gone...hmmm

XXXvalue

457 posts

Posted by XXXvalue > 2021-08-04 18:25 | Report Abuse

swift

Posted by Voicesintheair > 2021-08-04 20:14 | Report Abuse

Huat huat huat

jayden007

51 posts

Posted by jayden007 > 2021-08-04 23:02 | Report Abuse

Lucky sell above 0.46... but don dare to buy back...
Last time drop till 0.345 i cant sleep well.. scared...

thesteward

6,781 posts

Posted by thesteward > 2021-08-09 12:05 | Report Abuse

I sell first below 40 come back

mimisita

348 posts

Posted by mimisita > 2021-08-09 13:20 | Report Abuse

hoot9e!! WC asked to buyyyyyyyyyy

bulldog

12,157 posts

Posted by bulldog > 2021-08-09 16:00 | Report Abuse

Accumulation in progress

Huat chaiii

jayden007

51 posts

Posted by jayden007 > 2021-08-09 21:03 | Report Abuse

Pump and dump at afternoon 0.445 dump to 0.415 so scary!!

jimmyg

79 posts

Posted by jimmyg > 2021-08-11 09:38 | Report Abuse

today slow. bought at 0.44 scary

Musfaz83

619 posts

Posted by Musfaz83 > 2021-09-02 11:09 | Report Abuse

laii

Posted by wallstreetrookie > 2021-09-02 16:53 | Report Abuse

Looks good. But my only concern is @bulldog is here. So I won't touch. Good luck

madmusrz

48 posts

Posted by madmusrz > 2021-10-22 11:17 | Report Abuse

buying time guys ! come here all !

Posted by Informationprovider > 2022-08-09 14:51 | Report Abuse

goreng coming back for Seal?

madib

9 posts

Posted by madib > 2023-03-01 19:15 | Report Abuse

Goreng or whats?

abcb

3,030 posts

Posted by abcb > 2023-05-09 11:01 | Report Abuse

Limit up soon

LOOK009

1,079 posts

Posted by LOOK009 > 2023-05-09 12:13 | Report Abuse

Seal Incorporated jumps 42% to 47 sen on expectation of new shareholder after placement
TheEdge Tue, May 09, 2023 11:50am - 20 minutes



KUALA LUMPUR (May 9): Seal Incorporated Bhd jumped over 42% to 47 sen, with 36.38 million shares changing hands early on Tuesday (May 9), on expectations of a new major shareholder, following another private placement exercise slated to complete by the third quarter.

According to the company’s Bursa filings, Aaron Chen Khai Voon is subscribing to a 20% stake in Seal via a RM16.2 million placement exercise, which will make the low-profile businessman the largest shareholder of the property developer.

Seal will be placing out 62.29 million shares to Chen at an issue price of 26 sen per share, which marks a 21% discount to the stock’s Monday closing price of 33 sen.

The stock closed up 2.5 sen or 8.2%, giving it a market capitalisation of RM104.72 million.

AmInvestment Bank Bhd has been appointed as the principal adviser and placement agent, while Astramina Advisory Sdn Bhd has been appointed as the financial adviser.

Seal’s current largest shareholders are Datin Seri Tan Guik Lan with a 14.38% stake, followed by her son Koay Shean Loong with 7.99%.

Following the placement to Chen, Tan’s shareholding will be diluted to 11.98%, while Koay’s stake will be reduced to 6.66%.

Chen, 62, would in turn own 16.67% of Seal’s enlarged issued share capital after the placement.

The placement came shortly after Seal completed a 10% private placement in March, raising RM7.08 million mainly earmarked for working capital.

It is worth noting that Chen’s sibling, Chen Siew Chong @ Chin Siew Chong, has also subscribed to Seal’s previous private placement, owning 14.31 million shares equivalent to a 4.6% stake as at April 12.

Posted by ipohwhitecoffee > 2023-05-09 13:38 | Report Abuse

Ah Chen gonna pump this to the moon!

Posted by wallstreetrookieNEW > 2023-05-09 13:50 | Report Abuse

@ipohwhitecoffee i haven't seen you on i3 for a long time. what were you up to?

Posted by wallstreetrookieNEW > 2023-05-09 13:51 | Report Abuse

Aaron Chen Kai Voon = 100% ez money

Posted by wallstreetrookieNEW > 2023-05-09 13:51 | Report Abuse

Citaglobal 2.0

Posted by wallstreetrookieNEW > 2023-05-09 14:50 | Report Abuse

put some small money in. 15k gamble let's go

Posted by wallstreetrookieNEW > 2023-05-09 14:51 | Report Abuse

Corporate restructuring & insolvency play.

Posted by wallstreetrookieNEW > 2023-05-10 14:52 | Report Abuse

You wait and see @Tripaka

Posted by wallstreetrookieNEW > 2023-05-10 14:52 | Report Abuse

Shake you out first

Posted by wallstreetrookieNEW > 2023-05-10 16:37 | Report Abuse

If you keep panicking like that, how will be you become a good trader like rr88?

dxbman

897 posts

Posted by dxbman > 2023-05-11 12:22 | Report Abuse

STRONG BUY

soso9999

549 posts

Posted by soso9999 > 2023-05-11 19:51 | Report Abuse

this stock can buy ?

Posted by SifuBursa9000 > 2023-05-12 15:44 | Report Abuse

Going down avoid!

abcb

3,030 posts

Posted by abcb > 2023-05-12 19:08 | Report Abuse

TP0.50 soon

Posted by JoycePatton > 2023-05-13 15:59 | Report Abuse

Thank you for sharing you can play the game right at https://apkcima.com/es/carx-street

Posted by SifuBursa9000 > 2023-05-19 09:44 | Report Abuse

goodbye seal

berfikir

501 posts

Posted by berfikir > 2023-05-19 09:54 | Report Abuse

ok time to buy

azrudin84

75 posts

Posted by azrudin84 > 2023-05-29 17:20 | Report Abuse

Performing Triangle pattern. Up 0.45 pls..

Totally

122 posts

Posted by Totally > 2023-06-07 16:53 | Report Abuse

0.445

chon99

1,510 posts

Posted by chon99 > 2023-06-16 14:37 | Report Abuse

Last month 's news ? Yet it is still relevant. Mr. Chen Khai Voon is the co-founder of GENETEC.

So, what I hope is that Mr. Chen would not only joint venture with SEAL in renewable energy but also in EV vehicles and /or EV batteries as well, with his first-hand expertise and experience gained from GENETEC .

Even better , if SEAL would collaborate with GENETEC in EV.

This is what I dreamed for but sometimes a dream could turn into a reality.

(Just my opinion. Not a buy or sell call.)

chon99

1,510 posts

Posted by chon99 > 2023-06-16 15:14 | Report Abuse

Mr. Chen Khai Voon, after the private placement completed, will be the substantial shareholder of SEAL.

chon99

1,510 posts

Posted by chon99 > 2023-06-16 18:33 | Report Abuse

The prices of SEAL is fluctuating around RM0 40 to RM0.55. closing at RM0.425 today 16-06-2023 (Friday).. To me, there are still chances of moving higher.

Of course, there could be some downward corrections in between too.

After the private placement has been completed, Mr Chen Khai Voon will play the vital role to propel the company to greater heights by venturing into new businesses ( which could include EV as he has the first hand experience. )

I won't think Mr. Chen would keep his private placement funds in SEAL for nothing.

( Just my opinion. Not a buy or sell call)

chon99

1,510 posts

Posted by chon99 > 2023-06-16 22:25 | Report Abuse

Sorry, the prices were fluctuating between RM0.42 and RM0.455 and closing at RM0.425 as at 16-06-2023 (Friday).

I apologize for my mistakes.

chon99

1,510 posts

Posted by chon99 > 2023-06-17 11:06 | Report Abuse

Let's read the Star's report dated 09 May 2023 carefully again.

The group (SEAL) planned to utilise the proceeds for acquisition or investment in new viable business whereby the company is eyeing "renewable energy -related business(es) SEAL executive director Nixon Koay Shean Loong welcomed Chen's equity participation as a "strategic investor '.

" We (SEAL) are looking forward to work with him (Chen Khai Voon) to leverage his "rich " experience in managing diversified business(es). We look forward to Chen's valuable advice, guidance an insight on our potential venture into renewable energy sector , " he said.

chon99

1,510 posts

Posted by chon99 > 2023-06-17 11:13 | Report Abuse

So renewable energy could include EV as well.

Someone said SEAL could be the start of a mini PARAGON.

I would say SEAL could be the start of a mini GENETEC.

(Just my opinion , not a buy or sell call. Trade at your own risks.)

Posted by tigerroar38 > 2023-06-20 14:06 | Report Abuse

The beginning...

chon99

1,510 posts

Posted by chon99 > 2023-06-21 10:39 | Report Abuse

It's just a matter of time that Mr Chen Khai Voon (co-founder of GENETEC and the top 30 shareholder as shown in GENETEC' s Annual Report year 2022) will be the substantial shareholder of SEAL.

chon99

1,510 posts

Posted by chon99 > 2023-06-22 11:18 | Report Abuse

Just imagine buying the shares with bright prospects at the price below RM0.50.

What would be the price be when its future projects generated much higher profits in the coming months ?

( Just my opinion. Not a buy or sell call. Trade at your own risks)

Posted by tigerroar38 > 2023-06-22 13:35 | Report Abuse

Multibagger stock. Best "defensive" stock in unstable market.

Tibbers

570 posts

Posted by Tibbers > 2023-06-27 15:49 | Report Abuse

0.55 tp

Posted by blackrock88 > 2023-07-03 11:31 | Report Abuse

just wait patiently, trust Genetec and order will come in from tesla someday

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