There is an unstable management team in the company. IF you have read all the patimas law suit case, you will understand how rotten the company has become.
Ex-employees are also doing inner trading to eat up the company moneys that worth millions...
Patimas sues the employee and the court case is still on going..
I'm not talking about 1 case,I've check at the malaysia bar counsel and court case Malaysia indicating it...
I hope the company to be delisted, set their management right then relist on bursa again...
By the look of their annual report and quarterly result, most management has been resigning and change every 1 - 2 years, a stable company wouldn't act like that ... too much man power shifting.
By the way, who is the founder of Patimas ? anyone ?
Bursa still not announce the delist news by this morning, then I guess Bursa will consider not to delist the Patimas. Then Patimas need to come out the re structure plan on time. This is my view only. Good luck to all of us and happy trading.
yowtp,that you write on 27.11.2013Wait for Bursa announcement and should be announce by tomorrow. If not then Patimas will be delist by this Friday. today still not announce .
Finally,the company submitted 2Q financial report. This is regularization to ensure continued PN17 listing status. FYE is 31 Mac 2014. Investors,there's some fresh air to breathe.
I thought the news says that Patimas is on suspension for 5 market day since 27th November 2013. so it will be resuming back on 3rd or 4th December 2013
If compare to Octagon, I think the management team of Patimas is putting in more effort to avoid the company from being delisted. This is only my very own opinion, may be there are some news or actions that Octagon has already taken/announced, who knows.
PC, still safe and now only depend to Bursa decision. If Bursa accept then Patimas need to provide the the re structure on time. Patimas will perform better and better with the new team and creative, innovative and motivative team.
How many times I have warned people against wandering around. Found a Gold Mine like PM Corp? Stick with it. See. Never listen. Fall down inside another land mine again?
I guess Bursa also very hard to decise to delist Patimas, it's may due to: 1. CPE really come and help Patimas. 2. Patimas have a good Data Center and it is very good for future especially for B2B or LTE. 3. Patimas has start re-structure and now only concentrate to the core business. 4. Patimas has been move to TPM where it is really IDC company.
Calvin.....How many times I have warned people against wandering around. Found a Gold Mine like PM Corp? Stick with it. See. Never listen. Fall down inside another land mine again?
I also hold the PMCorp until now and never sell event reach 0.37cent. As you told us, this can invest for long term. I start to bought the PMCorp when you are start promoting at about 0.15cent.
But I also feel Patimas with the new team, then will perform well in future. Especially the data center and LTE.
Patimas Computers Berhad is an Enterprise partner of Google in Malaysia. Our Google team, comprising diverse nationalities, is an experienced and dedicated team trained to deliver and implement client-specific Google solutions for businesses while ensuring a smooth and hassle free transition.
Google Apps for Business Connect with your team and get work done from anywhere on any device. It’s simple to setup, use and manage, allowing you to work smarter and focus on what really matters.
Google Earth and Maps Experience the power of Google Earth and Maps in your organization. Make it easy for your employees to view and understand location-based information. Possibilities are endless to visualize your data.
Google Search Appliance The GSA brings the power of Google.com Search to the enterprise. It offers unique search quality, language handling and relevance to your users, delivering the simple yet powerful search experience that they have come to expect.
Cost-effective, highly flexible Internet Patimas Enterprise Applications
SCION Global Omni Software Suite is a cost-effective, highly flexible Internet based insurance system that lowers the overall management cost of both Group Health and Risk products. It is a comprehensive, fully integrated group life and risk administration system that supports every step of the insurance value chain by maximizing the use of mature self-service technology.
SCION Health Employee Benefits Provide Workplace cover Secure employee loyalty Adjudicate claims Manage finances Key Features Self service orientation to share information and workload with underwriters, groups and members User- definition of complex product and benefit models Group and plan establishment processes including automated correspondence to plan members Easy and efficient policy administration Enquiry screens, grids and extracts providing information in user-requested formats
How it works Provides an end-to-end administration solution Shares the information and workload Integrated package solution Flexible and fully configurable Powerful rule-based engine behind each process flow e.g. automation of claims adjudication process
yowtp,saw your post in pmcorp regarding patimas. this 'mad' guy referring to me for he tell the whole world that my selling of 800k of pmcorp which he is "HARD SELLING" contribute to the fall in that share price.stoop too low to also tell 'investlah forum' about it;but nobody there believe him.in actual fact, was telling one forumer there(HEPITRADE) to wait for the announcement by BURSA on patimas appeal. I said that the stock will 'FLY FLY FLY' on resume of trading and this fellow don't like it.as for POS I buy 10days back when I tell people there to buy @ 5.63/5.74;sold yesterday @ 6.00; forget about him wish you good luck in your patimas. believe there will be no delisting and the stock will fly on resume of trading.have a nice weekend.
PC, yes then we all just wait for the Bursa announce a good news by next week. I personal believe Patimas has been change and with the new management then will bring Patimas to next stage.
The below you can find the Enterprise Application in Patimas website. Now day we all talk about data center, cloud, LTE. Eventhouhgt our PM also encourage LTE and IDC business.
In today's competitive business environment, organizations increasingly depend on their Enterprise Application to make operations more effective in meeting the needs of their internal users and customers. Patimas recognizes the vital role Enterprise Applications play today and has made this an area of focus for its business activities. To kick start, we are working with Google to introduce their Google Enterprise Solutions to local companies as well as an application targeting the Insurance industry.
If bursa reject the appeal on next week Tuesday , yowtp I think you will need to responsible for those have big lose in this counter becos of Your opinion , can I ask you a question ?
Beside the data center u mention have great Future ( is only u think , u hope and u say ) , what patimas have and how to make profit ?
Cpe the worst is total lose 5 million , but For them is small amount , just turn hand They can make profit 20million in other Counter deal , for them as long as quarter ,half year and year end final results make Profit is enough .
Nobody shall be blamed, investment always involved risk, you are supposed to make decision and be accountable to your own decision. It is unfair to claim loss from person who provide unverified information, as you also don't share your profit if the information turned to be true, nobody force you to believe unverified information.
99, Alan and Pslkft, thanks for your all understand. We are wish Bursa announce the good news by next week. 0007, you can go to Patimas website and have a look, Patimas have offer a lot of cloud, enterprise application and etc. The website as below www.patimas.com
Yes , if give right opinion , u must include Positive and negative point , if always just give 100% positive hope , for those New guy oledy invest in this counter , This will effect them to make a neutral And correct decision , they will automatically trust what you say just Becos they dun want to lose money and Scare to lose money.
Alan , yes , I'm giving opinion too , Maybe my strength is how to control the risk , so when I read the yowtp Opinion is not consider the risk at all, So I feel something wrong, we have no Right to blame anyone
99 , share market is high risk market But when we know where the risk , How to avoid , minimix and control The risk , share market for me is much more safety And profit return Than invest property .
i'm sure all the buyers for this stockmake very clear about the risk for invest in this stock risk = 95% out of 100% return = 400% - 500% ( if un-suspend up from 0.01 to 0.05-0.06 )
if money put at bank as FD: risk = 0% return = 3-4% p.a
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....
Nevets
228 posts
Posted by Nevets > 2013-11-29 06:58 | Report Abuse
There is an unstable management team in the company.
IF you have read all the patimas law suit case, you will understand how rotten the company has become.
Ex-employees are also doing inner trading to eat up the company moneys that worth millions...
Patimas sues the employee and the court case is still on going..
I'm not talking about 1 case,I've check at the malaysia bar counsel and court case Malaysia indicating it...
I hope the company to be delisted, set their management right then relist on bursa again...
By the look of their annual report and quarterly result, most management has been resigning and change every 1 - 2 years, a stable company wouldn't act like that ... too much man power shifting.
By the way, who is the founder of Patimas ? anyone ?