1).....30cents / share Dividend coming with Sprint takeover. 2).....extra bonus shares coming from Cenbond, from capital reduction 3).....begins NRW pipes replacement....money coming from water tariff increase
A pass to B, B and friends sell to dumb dumb...such trades happen always....in bursa...wakaka
BETWEEN Sept 18 and 24, the most notable off-market trade was the change of ownership at SMTrack Bhd — previously known as Smartag Solutions Bhd — which saw 15.414 million shares, or 9.41% equity interest, cross off market between Sept 19 and 24. The shares were transacted at 25 sen to 26 sen apiece, for a total transaction value of RM3.947 million.
Neither the seller nor the buyer had been disclosed at press time as the radio frequency identification (RFID) solutions provider has not made any announcement on shareholding changes since July last year.
According to its 2018 annual report, Datuk Tan Choon Hwa is the single largest shareholder of SMTrack with a 12.49% stake, followed by Sarawak tycoon Datuk Amar Abdul Hamed Sepawi with a 5.83% stake as at Nov 7 last year.
SMTrack’s share price, which touched a record low of 5.5 sen in February, has more than doubled since the start of the year. The counter closed at 26 sen last Wednesday, giving it a market capitalisation of RM42.6 million.
I heard PKNS is very interested in 10,000Flats suggested in Bandar Malaysia (famous Pkns Flats--hahaha) And Kampong Baru Redevelopment Flats....Joint venture with KPS-HCM infrastructural units, they are flash with cash ( 200mil from Sprint--KPS / 700mil from Kesas--Pkns )
Bandar Malaysia will Go-ahead regardless Iwcity/Ekovest are on board or Not. Most Malays in Selangor got no issue with PKNS flats.....Chinese will run away But they are not the tenant anyway.
Tomorrow Mahathir announce Kampong Baru Redevelopment Project. At 850/psf, most Landlord will prefer to take up a Pkns Flats than a High Class Condo. Atleast they got some money to do renovations and *second wife*
jj, chinese group are not the first to have this idea. Najib has asked a Bursa Listed Co. to JV India largest port operator to develop Carey Island. But our PM in waiting, Azmin, said he will Block the Deal *at that time*.....Now I don't know. Currently, Azmin has alot power in Selangor thru proxy
Last year Buy/Sell parking hardly see more than 20,000....most of the time 5,000---10,000..... now you see 150,000 / 140,000 Blocking almost 4 layers...... My remisier said *this blockers* are actually Buyers.....* KPS didn't issue new Bonus Or RI * How come suddenly so many Sellers?? Some-more push share price 70cents down with no obvious reasons.......Major Buying Operation
To link kps to some big projects to be seen and materialized will make the company look very prospective and lucrative.To be pragmatic,Bandar Malaysia and kps have no link.Smart pipe will not be implemented in kampong Baru any way
Puan Suzila bought 25,000 shares. Basically She is Chief of Documentations in Office. She saw news/data before Directors know (Qrt report ) bcos Directors get draft copies (Qrt reports) within 2-3 weeks before Qrt. Results are announced by Bursa. Either Results are Good Or extra shares Bonus from Cenbond capital reduction
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....
rogers123
4,018 posts
Posted by rogers123 > 2019-10-07 16:39 | Report Abuse
Bought back a t0.14-0.17