Posted by leslieroycarter > 2016-03-22 11:44 | Report Abuse

Co is releasing all the treasury shares into the market instead of cancellation like last time ; so the co is in dire need of cash to expand....?

Posted by sklyte > 2016-03-22 13:17 | Report Abuse

Bonus issue wow

Posted by ss20_20 > 2016-03-22 14:02 | Report Abuse

On behalf of the Board of Directors of Scientex, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:-

proposed bonus issue of up to 230,000,000 new ordinary shares of RM0.50 each in Scientex ("Scientex Share(s)" or "Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of one (1) Bonus Share for every one (1) existing Scientex Share held on an entitlement date to be determined later ("Proposed Bonus Issue");

Posted by Desa20201956 > 2016-03-22 14:50 | Report Abuse

$12 share do bonus la...

Posted by latjiu > 2016-03-22 14:53 | Report Abuse

bought in :) hello scientex investors

Posted by leslieroycarter > 2016-03-22 14:56 | Report Abuse

profit divided by 2... more scripts n more vol in trade

Posted by Desa20201956 > 2016-03-22 14:58 | Report Abuse

the one and only scientex in malaysia.

Posted by leslieroycarter > 2016-03-22 14:59 | Report Abuse

all the good news r out ....buy or sell?

Posted by Desa20201956 > 2016-03-22 15:20 | Report Abuse

it depends.....it always depends.

However, if oil down to US$30......I can tell you Scientex will be $ 7.50 ex all. 15 cum all.






leslieroycarter all the good news r out ....buy or sell?

Posted by lhoong > 2016-03-22 15:58 | Report Abuse

uptrend

Posted by leslieroycarter > 2016-03-22 16:34 | Report Abuse

look like going fr strength to strength....RM 15.00?

Posted by leslieroycarter > 2016-03-22 16:38 | Report Abuse

Tuesday, 22 Mar 2016

1:07PM SCIENTX NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
1:07PM SCIENTX 1H net profit 129.405 million (increased 89.45%)
1:05PM SCIENTX 2,680,200 units of treasury shares sold

Posted by 股海無涯 > 2016-03-22 17:24 | Report Abuse

Congrat every one!

Posted by genesis81 > 2016-03-22 21:44 | Report Abuse

Got news that they are going to goreng till rm14. Hold tight ya

Posted by invest1188 > 2016-03-22 21:57 | Report Abuse

it is not goreng

Posted by Alpha Trader > 2016-03-22 23:03 | Report Abuse

As predicted

Posted by Desa20201956 > 2016-03-23 02:26 | Report Abuse

scientex....700 lots up 60 sen.
tomorrow, 1000 lots, down 60 sen, then how?

I am not suggesting a buy.

I am just saying this stock this company is so fantastic..............if by July oil price is US$30, Scientex will be $ 7.50 ex all.

Posted by leslieroycarter > 2016-03-23 11:06 | Report Abuse

cooling effect....n stabilizing b4 another round of galloping....
bonus issue
manufacturing expansion
affordable housing
all pointing to a mega profit in coming qtrs...
predict another 1 or 2 gap up ...until RM 15.00...
bonus 1 for 1....original share issued 230 mi , ex 460mi n still considered very small volume in Bursa..
predict that it may hit rm 15.00 n ex 7.50/9.00....

Posted by leslieroycarter > 2016-03-23 16:57 | Report Abuse

good that the price is cooling off to encourage more buyers; too much chasing to the top may encourage early extermination than helping the counter if without solid base set up.

Posted by leslieroycarter > 2016-03-24 09:31 | Report Abuse

some started selling on news out..but this counter is targeting more than RM 1 per share earnings in the coming qtrs...

Posted by Desa20201956 > 2016-03-24 09:52 | Report Abuse

Oil on the way to below $30 says Alam Greenspan

Posted by leslieroycarter > 2016-03-24 10:04 | Report Abuse

those bought more than RM13.00 r starting cutting looses?

Posted by BecomeImHappy > 2016-03-27 22:12 | Report Abuse

all good news factored in already.. no more to see! sell all tmr!

Posted by leslieroycarter > 2016-03-28 13:42 | Report Abuse

luckily it was backed up by 1 for 1 bonus n expected a better qtr profit come June & Sept 2016.
Overall EPS will surpass the previous year record of 70c ; possibly hitting more than RM 1.00 for the 4th qtr. By that time it will test a new high n graduated to another level. Even after ex , it shall trade from 6.50/7.50....if the earnings keep on expanding...

Posted by leslieroycarter > 2016-03-30 09:55 | Report Abuse

another gap up possible to RM 15.00?

Posted by lhoong > 2016-03-30 09:57 | Report Abuse

uptrend

Posted by leslieroycarter > 2016-03-31 11:16 | Report Abuse

Building a solid base at RM 13

Posted by leslieroycarter > 2016-03-31 15:19 | Report Abuse

http://www.thesundaily.my/news/1640985

Posted by loveygramps > 2016-03-31 15:46 | Report Abuse

@leslieroycarter, RM15 might not be so quick, perhaps mid-year may be more realistic.

Posted by leslieroycarter > 2016-04-01 10:46 | Report Abuse

As long as the yearly profit increased by more than 30% , why not?
The proposed bonus 1 for 1 will not serve the liquidity required ; preferably 2 for 1 held , so as to build up the vol of shares n enhanced market interest.
even with that , the share shall trade RM 4-5 ....

Posted by metalmonk > 2016-04-01 11:12 | Report Abuse

Think it will be end of year when results shows outstanding when all the expansion are completed..

Posted by loveygramps > 2016-04-01 23:51 | Report Abuse

@leslieroycarter, I believe RM7 based on split of current price, would allow the entrance of many retail investors that were previously on the fence, and thus be supportive of the price. We don't need penny stock traders here for Sci, they are already doing well in share price with some major volume done recently despite the lack of liquid shares. My anticipation of RM15 only by mid year and not now is just a mere speculation, as the next results will be announced in mid year and that is when they prove to the market that their recent expansions are contributing additional profits.

Posted by leslieroycarter > 2016-04-04 19:06 | Report Abuse

ya , waiting for the coming qtr result to prove the case!

Posted by leslieroycarter > 2016-04-06 16:03 | Report Abuse

new tp 16.93.....sin chew jit poh..

Posted by leslieroycarter > 2016-04-07 15:10 | Report Abuse

keep for long term may see appreciable results...

Posted by leslieroycarter > 2016-04-07 15:18 | Report Abuse

long term RM 20.....just patiently watch the changes taking place b4 bonus...

Posted by loveygramps > 2016-04-08 12:04 | Report Abuse

@leslieroycarter, if growth is consistent, any company can reach RM20 in the long term. It is a matter of whether we can spot other higher growth opportunities to rebalance portfolio, and we should continuously be searching.

Posted by loveygramps > 2016-04-08 15:59 | Report Abuse

Kenanga is calling fairly valued for now. If you have a higher growth stock, time to lock in a profit from Scientex and rebalance. If not, holding is fine too, because this is a good company.

Posted by leslieroycarter > 2016-04-08 17:33 | Report Abuse

Kenanga always missed the boat either good time or bad time. It is good for ref only!

Posted by loveygramps > 2016-04-08 17:41 | Report Abuse

So you want to believe high TP reports only and disregard the fairly valued TP?

Posted by latjiu > 2016-04-10 20:50 | Report Abuse

"It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

Warren Buffett

Posted by leslieroycarter > 2016-04-11 11:49 | Report Abuse

if u want to realize extraordinary gains then u must go long, this is not the counter that u can go in n out at your whims, when u sold , it will be v difficult for u to buy back...

Posted by leslieroycarter > 2016-04-11 16:16 | Report Abuse

the base support shall be > RM 13.00 coz bonus is waiting...n coming qtr results in June n Sept plus declaration of dividends...

Posted by loveygramps > 2016-04-12 09:54 | Report Abuse

@leslieroycarter, due to lack of liquidity, it may even go down to 12+ in the short run, which is quite common. But that is not necessarily a bad thing, it offers opportunities to collect.

Posted by leslieroycarter > 2016-04-12 11:19 | Report Abuse

If it can succumb to selling at RM 12 then it will be a good news but I doubt coz bonus 1for 1 is waiting n the possibility of dipping south is there . The rare chance of going down will prove that the co is not well managed surely it will not be the case here. Another option is going north given that the expansionary visions envisaged so far is on track . It will achieve greater height in future.

Posted by loveygramps > 2016-04-12 16:39 | Report Abuse

It did reach intra-day lows of 12+ over the past few weeks, though closing price is usually higher. I do not attribute this to poor management, just a function of the low liquidity and high price per unit. Such inefficiencies provide us opportunities to top up when desired, if you queue daily.

Posted by leslieroycarter > 2016-04-12 16:52 | Report Abuse

slowly inches up to RM 15-16 b4 ex date of bonus declared!

Posted by gimeng > 2016-04-12 17:04 | Report Abuse

is it confirmed that bonus has been declared?

Posted by loveygramps > 2016-04-12 17:41 | Report Abuse

@gimeng, no announcement made to Bursa as of today. Last announcement was on 8 March, company submitted proposal to Bursa for approval. Targeted completion in Q3, 2016.

Posted by Max Tan > 2016-04-13 15:40 | Report Abuse

don't see any problems that bursa will not approve the bonus issue.