Posted by weechin53 > 2013-02-18 21:27 | Report Abuse

all the best!

Posted by kiraok91 > 2013-02-19 10:29 | Report Abuse

I'm queuing at 0.80 trying to make 1 cent for 2,000 lots.

Posted by razmry > 2013-02-19 10:41 | Report Abuse

At this period of time, Patimas can maintain at 0.08... not bad!

Posted by lekirmanjung > 2013-02-19 12:30 | Report Abuse

why suddenly alot Q 4 sales

Posted by bendanwakaka > 2013-02-19 14:02 | Report Abuse

risk trader where is u 10c?

Posted by tktk > 2013-02-19 16:37 | Report Abuse

come liao

Posted by weechin53 > 2013-02-19 16:40 | Report Abuse

patimas all the best everybody is waiting u to up up up........

Posted by ChartAnalysis > 2013-02-19 19:55 | Report Abuse

MEMORANDUM OF UNDERSTANDING PATIMAS COMPUTERS BERHAD (“Patimas” or “Company”) Updates of the Memorandum of Understanding

PATIMAS COMPUTERS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description PATIMAS COMPUTERS BERHAD (“Patimas” or “Company”)
Updates of the Memorandum of Understanding

Reference is made to the Company’s announcement dated 17 January 2013.
The Board of Directors of the Company wishes to announce that the due diligence on Party A is currently on-going. The expected date of completion of the due diligence is by 15 May 2013.
Any further developments will be announced to Bursa Malaysia Securities Berhad in due course.
This announcement is made on 19 February 2013.




Announcement Info
Company Name PATIMAS COMPUTERS BERHAD
Stock Name PATIMAS
Date Announced 19 Feb 2013
Category General Announcement
Reference No CC-130219-65521

Posted by ChartAnalysis > 2013-02-19 19:56 | Report Abuse

The Company wishes to announce that on 18 February 2013, the Court has granted an order, inter alia, that all proceedings and/or actions and/or any further proceedings in any actions or proceedings against Patimas and its fifteen (15) subsidiaries namely:
Patimas Business Solutions Sdn Bhd;
Patimas Dot Com Sdn Bhd;
Patimas Services Sdn Bhd;
Patimas e-Business Sdn Bhd ;
Patimas Computer Software Sdn Bhd;
Patimas Education Centre Sdn Bhd;
Patimas-HPD Systems Sdn Bhd;
Patimas Computer Systems Sdn Bhd;
OED Technology Sdn Bhd;
Patimas Outsourcing Services Sdn Bhd;
Patimas Computer Security Sdn Bhd;
Patimas Computer Technology Sdn Bhd;
Patimas International Sdn Bhd;
Patimas Workgroup Technology Sdn Bhd; and
Patimas Computer Services Sdn Bhd
including all winding up proceedings, receiverships, any execution proceedings including distress, arbitration, or the appointment of receivers and managers as well as any intended or further proceedings be forthwith restrained and stayed pursuant to Section 176 (10) of the Companies Act, 1965 for a period of sixty (60) days from the date of the order, except by leave by the Court and subject to such terms as the Court may impose.


The Group’s businesses are currently experiencing cash constraints due to softening of the computer related products and services market and competitiveness in the computer industry as a result of the economic slowdown commencing the second half of 2008.
On 1 November 2012, Patimas had made an announcement that it is considered a PN 17 company pursuant to the Main Market Listing Requirements. The PN17 criteria was triggered as a result of Patimas’ latest financial statements for the financial period of 1 January 2011 to 31 March 2012 wherein the auditors have expressed a disclaimer of opinion on Patimas’ latest audited financial statements for the aforesaid financial period. Further, on 28 November 2012, Patimas had made an announcement that it is considered a PN 1 company pursuant to the Main Market Listing Requirements.
As a result, the Group is unable to comply with its repayment obligations to its secured lenders and creditors. A number of the Group’s creditors, secured or otherwise, have commenced or threatened to commence legal proceedings against the Group for recovery of their debts. The Restraining Order will allow Patimas to focus on formalizing the proposed schemes of arrangements unhindered without having to divert its attention and resources to defending and dealing with any proceeding and/or actions from the Group’s creditors.
The Restraining Order is not expected to have any material impact on the financial and operational matters of Patimas Group.
The details of the proposed schemes of arrangement will be announced in due course.
This announcement is dated 19 February 2013.
















Announcement Info
Company Name PATIMAS COMPUTERS BERHAD
Stock Name PATIMAS
Date Announced 19 Feb 2013
Category General Announcement
Reference No CC-130219-67753

Posted by liguo192 > 2013-02-20 00:23 | Report Abuse

So what exactly does these 2 announcement means? positive or negative?

Posted by BIGFish > 2013-02-20 04:53 | Report Abuse

linguo192,
so now, the Court has granted some 'temporary oxygen'for patimas,
this almost ... 'salted fish' MIGHT become "AROWANA" again.

Posted by arebear > 2013-02-20 05:23 | Report Abuse

"The Group’s businesses are currently experiencing cash constraints due to softening of the computer related products and services market and competitiveness in the computer industry as a result of the economic slowdown commencing the second half of 2008."

"As a result, the Group is unable to comply with its repayment obligations to its secured lenders and creditors."

Posted by talk2pkc > 2013-02-20 05:23 | Report Abuse

Looks like last few days there r few "new" members participate on this counter and it appears with "hidden" objective ........... so b aware n not easily let it influence yr own decision , after all is yr hard earned money , mahhhhh!!!! The fact still remain Dato AA & CPE r fully aware of financial position & PN17 , so one ask oneself why would those guys throw in RM millions & called EGM , think deep , mahhhhhhhh

Posted by weechin53 > 2013-02-20 07:07 | Report Abuse

talk2pkc, u talked very DEEP. very hard to understand;mind to simplyfy. many thank you!

Posted by talk2pkc > 2013-02-20 08:50 | Report Abuse

weechin, just hang around n the "coins" might just drop in respective places that make some sense or might not !!

Posted by alwinsywd0520 > 2013-02-20 09:01 | Report Abuse

haha , wat happen ?

Posted by talk2pkc > 2013-02-20 09:09 | Report Abuse

wat happen that made yr day , LOL

Posted by simon84 > 2013-02-20 09:20 | Report Abuse

so many ppl now grap the shares at RM0.08 but i can sense it once finish stock it will big selling and push it back at RM0.075

Posted by simon84 > 2013-02-20 09:21 | Report Abuse

Everybody take care ya...look like they are big selling today ..

Posted by talk2pkc > 2013-02-20 09:27 | Report Abuse

Cant b that "many many" suckers BUYing now at 0.08 ??? I think is more likely the "NEW BIG Gang" is continue to cumulate for the BIG EGM battle, lah .....

Posted by simon84 > 2013-02-20 09:30 | Report Abuse

What is EGM ?

Posted by talk2pkc > 2013-02-20 09:32 | Report Abuse

U can't b serious , I though u r my "senior Sifu " ??? Extraordinary General Meeting, lohhhh

Posted by simon84 > 2013-02-20 09:37 | Report Abuse

sorry talk...i can tell you i new in stock market last time i trade in forex and indeks..

i tot forex is most risky cause in 1-5 min up and down can be up to 300-500 pips (points) and indeks example Hang Seng Indeks up and down also same..

Then i try switch to malaysia market see can earn some but who knows malaysia market more worse than oversea market...

Is more risky than i trade forex ...

Above statement is just for my own view only and no related to anything.Just for sharing purpose only

Posted by kiraok91 > 2013-02-20 09:39 | Report Abuse

wow! simon84 is still alive! Cheers

Posted by simon84 > 2013-02-20 09:40 | Report Abuse

Cheers....

Posted by mhchai > 2013-02-20 11:31 | Report Abuse

http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=231072&Itemid=79 ? RM160mil proj for Patimas?

Posted by talk2pkc > 2013-02-20 11:35 | Report Abuse

This counter will actively trade within 1-2 sens range until EGM is attended n if NEW Gang get what they want , then good news will b released ............... price will rocket to moon , mahhhhh

Posted by simon84 > 2013-02-20 11:43 | Report Abuse

Talk then go buy patimas and tms also..both also will rocket..hahahahaaha

Posted by ChartAnalysis > 2013-02-20 12:55 | Report Abuse

KUALA LUMPUR, Feb 20 (Bernama) -- A company linked to Datuk Seri Abdul Azim Zabidi, former BSN chairman who vying for control of Patimas Computers Bhd, may have secured a "biometric authentification" contract worth RM160 million.

Declining to divulge details, a key aide to Abdul Azim said the latter might hold a media briefing tomorrow to explain details about the contract.

Posted by azta12 > 2013-02-20 13:27 | Report Abuse

Be careful, they might whack it down first before pushing it up all the way.

Posted by simon84 > 2013-02-20 15:02 | Report Abuse

Why this time no ppl Q at RM0.09? Is it all think that RM0.095 is the best price ?

Posted by simon84 > 2013-02-20 15:02 | Report Abuse

Sorry guys in posting in wrong counter...

Posted by simon84 > 2013-02-20 15:51 | Report Abuse

Whats going on? Sell on news?

Posted by kytan > 2013-02-20 16:11 | Report Abuse

patimas...down ? the big shark collect so much then sell down?

Posted by beginner_1 > 2013-02-20 16:11 | Report Abuse

sudden drop, something wrong?

Posted by juggernault > 2013-02-20 16:22 | Report Abuse

Wakakaka...as expected :)... now i wanna see mr.talk2much wanna talk anything more

Posted by weechin53 > 2013-02-20 16:25 | Report Abuse

azta12 u very sharp!

Posted by beginner_1 > 2013-02-20 16:25 | Report Abuse

going back to 5.5 cents ;)

Posted by azta12 > 2013-02-20 16:33 | Report Abuse

weechin, the play is still on.

Posted by weechin53 > 2013-02-20 16:37 | Report Abuse

so,azta12 what u think about it will go up or down?

Posted by azta12 > 2013-02-20 16:42 | Report Abuse

weechin, can tapau some at 0.065

Posted by weechin53 > 2013-02-20 16:45 | Report Abuse

i already queue at 0.065; earlier i queued and pulled out. now go in again.

Posted by simon84 > 2013-02-20 16:51 | Report Abuse

Dont too happy to get at RM0.065 ..It might be can more lower by tomorrow..Good Luck

Posted by juggernault > 2013-02-20 17:04 | Report Abuse

Wait a minute. Where is mr talk2much? Omg he bought a lot @.075...god bless you ... im happy for you sad.. lol

Posted by khalil992418 > 2013-02-20 17:38 | Report Abuse

yehaaaa

Posted by bendanwakaka > 2013-02-20 19:17 | Report Abuse

game over already ??

Posted by simon84 > 2013-02-20 19:46 | Report Abuse

Not yet.The game will be start by tomorrow .

Posted by chengyee > 2013-02-20 20:02 | Report Abuse

What game?

Posted by Risk Trader > 2013-02-20 20:03 | Report Abuse

Due to GE sentiment......Patimas will fall below 5 cent, maybe lowest price this friday

Posted by talk2pkc > 2013-02-20 20:27 | Report Abuse

This counter not 4boys to play , lah !!!!! Cumulated more today at 0.065 n speculate encouraging news fr NEW Gang after EGM , indeed holding power is must unlike to my other learner colleague so.called "mother asset" only know to open witty lips , mahhhh LOL LOL