Tey Por Yee and Ooi should be investigated by SC for share manipulation and trying to cheat the company. They should be jailed if convicted. The recent collapse of the share price is mainly due to their disposing of shares to the market as well, knowing very well in advance that the investment in the Indonesian outfit is a scam to put more money into their pocket (as exposed, the 2 of them are related party to the Indonesian entity). The entire scheme (since the time when the share price is RM2) is all well planned to make a quick buck. This guy is well known for his stint in Nextnation (he is also the owner) and many other counters.
ada court case nilai 50 mil, kalau tak dpt balik, pun hilang 15 sen /p.share shj. Apa susah hati, jual serupa mega sales, syk ini untung dan beri dividend juga, below 1.60 sapu byk byk tunggul untung sj.
Protasco is suing TPY and Ooi. They should also consider suing MD Chong, who executed the deal. I think Chong has far more to answer than anybody else.
aiyah..despite positive reviews by brokers/media, it is still a non-performer..in bear market territory like 95% of the other stocks too..if u like a construction stock, go for ECONBHD..
Don't lie lah you think public is stpid like your two investors? MD either sleeping or not profit from this twisted brain trick set trap character assassination trying to play out two other major shareholders. Itself is a selfish sin profit. Zero integrity. If want to kill other big shareholders buy them out or simply sell out. Don't use low hand cheap trick. Plc MD uses plc for personal conspiracy at small investor expense is bad heart. Only Allah can punish such reckless being. Luckily small investor are not stupid today big buying shows the MD plan fails. Truth will reveil. Way to go! My cost ever since stuck high average down still high. Curse the reckless con man MD chong. Puit!
ic ng123, the differences of 50 mil and 71.9 mil is due to the fluctuation of the exchange rates and also include the difference in buy and sell of foreign currency loss. I thk most of the report put it at the worst side... the USD paid is 22.2mil. You can refer to few report in this forum which is self explanatory... haha... good support yeserday... downside trends continue~~..
If the top 2 major shareholders are fighting each others... do u think the future is bright? it is badly hitted... The DIV will be affected at least for a yr and more... 10% (hope for best!)....the good div is history... i still believe it will be gradually move downwards to 1.64/1.65 level..which the prices for its announced corporate exercises for private placement... good luck la to all... No Rush to buy for this counter...stay cool...
$50 mil is a lot of money .. U dont just hand it over to people at the pasar malam .. Before handing over they shld do some due diligence or ask for more details haha Unless they are sleeping hahaha
This chong is mad or what? No matter who refers him any deal, he is the one doing the deal, the payment and call it off carelessly. He ever try to negotiate the vendor to unlock deal peacefuly so can recover any money? Or just do as "he wants" for personal agenda? Now he is using listed co trying to divert blame to his other shareholders? He thinks little investors like us are all fools cannot see his motives? Got house problem solve it privately. Why use public interest for own benefit like this? Totally no integrity for the management. Chong himself in particular should be suspended immediately for miss use power to stop bleeding little investors interest. Proper negotiation should happen. I believe all parties are sad with chong reckless selfish action. What could be recovered, with him doing selfishly, could really GONE to drain! Guys buy up and vote out this selfish dictator!
They call off because the oil company donwan to low down the purchase price.now protasco sue them. Will the oil company accept the price offer by protasco? Still have hope protasco diversify into oil and gas ?
This kind of MD plan all the while from start. Cheat, lie, pump and dump. To all investors and his partners and his partner before the two stupid investors. All one man show decide on his own at everyone cost. See the early prove of trend: MD before trap and defame the two stupid guy sell share highest. Then two panic sell likely distrust.
10/04/2014 - 01/04/2014 Dato Sri Chong Ket Pen Disposal of shares 02/04/2014 - 14/07/2014 Ooi Kock Aun Disposal of shares 14/07/2014 - 14/07/2014 Tey Por Yee Disposal of shares
I believe if nego properly have good chance. But thos MD looks like don't want and purposely want to burn the money. Because i suspect his objective is not that money but to play off investors so leave ALL to himself only. So his motive and public interest are different? Don't get it? He will find other trap or excuse to play out other major shareholders if not this one. The small guy like us die in between. We should gang up buy out and vote out this devil MD. Keep abuse power for his one man benefit. Our small investment all lost. Puit!
Joe you are hired sabotage also? If not let truth reveil. True investors want peace andale money not bad mouth. Unless you are not investor. How you know insider information? Before even hear from each party why you simply comment? And conclude?? Truth could be laughable if you see the truth later. Must listen to all sides. This P's ceo announcement looks funny and skeptical already as if he knows nothing despite he takes the oil deal, pays the money and later panic cancel off, as if wanted to burn money without even talk. So obvious his motive is not the money. If not take opportunity of this to scare off his other shareholders, he will finds way to use other reasons. Thats how most people sees it. But the motive and ways are too much loopholes. He can't deny he is in the whole process despite simply point finger. So that is enough to show who is trying to make story and find scapegoat and who is in the dark. In the dark have not spoken yet. The P's ceo as if he is on purpose don't want to talk and negotiate back company interest. Especially the money side, which don't even try to talk and recover. Sudden point finger? Laughable loophole and questionable mistakes. So before more info from all parties are out don't jump into conclusion. Unless you are hired gun also. Ethical wise let them show their stories then judge later.
I am investor of NG for some time now i have to thank the people there for their steady work. All investors happy. Not like here careless here and there and point finger when went wrong. NG may have professional people joining the company maybe in construction or property. So what is so special? EcoWorld also experienced people join board share goes up. Most laughable is simply jump into conclusion. I support steady company not careless people. Like this careless P's ceo. I hope its just careless not with bad motive like market perceive!
Steady people don't simply jump into conclusion or panic pointing finger like this p's ceo. Later listen to their story, compare both then judge. Right now the one sided news got too much loophole and mistakes, as if the P's ceo all the while knows nothing. He took the deal paid the money and panic cancel deal, now even simply cancel chance to recover company interest, and laughably points finger. All proven he is not doing his job but for other motive. Like most people here and in market reads it. Investors need steady leaders not panic people. Worst i hope not bad intention people like many here reads it.
When this happend, all the director can't touch their share? until end of this case solve? Then this share ma sunyi liao? cannot be, cannot be. nid run liao..... This case until when eh? 庭外和解也渣都没得剩! closed case liao this 2 director must leave this company. means left ikan bilis punya share. haha.
I believe the P's ceo shares will be freeze if this happens. His motive is too obvious too much loopholes and mistakes. He may ends up being sued for misuses power and worst neglect company interest. Even defamation endless spiral. His shares and position would be at risk, if until settle, he again affected company business. Don't tell most people here the P's ceo know nothing whole story when he took deal paid money and panic cancel deal. He is main suspect if this escalate. Market have even worst understanding, the ceo trap 2 investors and point finger scapegoat. I hope the 3 settle their own problem outside. If escalate all 3 must go until clear. They all do not own the company. Its public don't forget. So far only one sided news. Am waiting more stories from all parties.
Good. Keep this to yourself. Let the people up there sort their things. Real investors only wants to make money not point finger. So don't start. Small investors like us will want to see peace solution. See their worries? If you are not you are questionably not real investor. See? Read all their stories before conclude. Mind your language. Investors, the real ones, are watching their tiny savings here carefully.
Good lets see all parties stories. If the one saying "suspect", market view him as bad motive is real or not. For now the bad intension is obvious. We have faith in the parties in the dark being sabotage. Better tell your side of story. Good night.
Tiger u help too much aledi. Stop keep post investors already can see the points and feels strange in many area. Let the 2 speaks for themselves. The 2 also why invest in this company? If some one wants to eat the lato chung let him be. Thank you also did not say now gets into this. Pitty.
Hahaha joe slave your master will eat his own doing when facts shows defamation humiliation to himself. Market only sees one man one sided attack, no communication showing any attempt to find solution with all parties. On purpose to mislead public? Reckless action without even try to communicate is abuse of power and clear intention and motives for personal agenda. Was any communication done properly or simply do as wish, at our cost? Small investors like us yet to hear anything from other parties why you so sure of your masters story and allegations? Careless and selfish actions without "communication" at other people cost, especially public shareholders itself is "clearly negligence", that is all public see and read so far, try make that to any legal justification. Like all here looking for answer to above and waiting all sides of stories, you can stop barking and find the answers above from your master.
All the dogs out there which bark at purpose of tarnish company rather than finding best solution, stop keep abusing public info for personal interest. Wait and see clearer picture. Many innocent small investors here got squeezed between few guys own agenda. Who gave you rights to keep loitering? Solve your own sh!t else where.
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....
Hebatsaham
9 posts
Posted by Hebatsaham > 2014-09-23 12:19 | Report Abuse
Robber shout robbery. Classical case. Price will shoot when fight back starts. Fasten seat belt!