Posted by k33keong > 2013-06-21 09:34 | Report Abuse

Why drop so badly? Anyone knows the latest bad news for this?

Posted by bekful > 2013-06-21 09:46 | Report Abuse

drop more than 50%. NO idea~

Posted by sephiroth > 2013-06-21 09:48 | Report Abuse

here's some idea PN17
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1327333

Posted by bekful > 2013-06-21 09:50 | Report Abuse

see the announcements, then u know what happened for this company

Posted by Lucky88 > 2013-06-21 10:27 | Report Abuse

can buy for it to go back for 30sen?

Posted by SJSOON > 2013-06-21 10:47 | Report Abuse

The company is going into bankruptcy, read the announcement, "The Company has failed to service the monthly fixed repayment amounting to RM16,101,831.49 as at 31 May 2013 in respect of the Facility Agreement (Syndicated Term Loan Facility of up to RM100.0 Million). The event of default has triggered the demand from the financiers on the full outstanding amount of RM96,082,818.51 as at 31st May 2013.
"

Posted by Lucky88 > 2013-06-21 10:51 | Report Abuse

O_o ... bought at 10sen jor... wait for 15sen?

Posted by Lucky88 > 2013-06-21 10:57 | Report Abuse

12sen & going up... hehe

Posted by JTFX > 2013-06-21 11:00 | Report Abuse

masuk PN17 still got fans...

Posted by sephiroth > 2013-06-21 11:01 | Report Abuse

FY11 & 12 net profit already RM36.3m but cash balance only 3m plus, where did all the money go?

Posted by JTFX > 2013-06-21 11:03 | Report Abuse

The Company was served with the Notice of Appointment of Receiver and Manager stating that on 19 June 2013, a Receiver and Manager has been appointed over the charged assets and undertakings of Malaysian AE Models Holdings Berhad under the terms of the Debenture dated 19th April 2012 executed between the Company and and Joint-Lead Arrangers i.e. RHB Bank Berhad (as facility agent) and Malayan Banking Berhad (as security agent).

Posted by Lucky88 > 2013-06-21 11:07 | Report Abuse

yala yala yala... sold liao la... money in pocket XD 20% profit :P

Posted by alien79 > 2013-06-21 11:15 | Report Abuse

tis company cannot have 2nd chance liao(unlike others which can still be save due to restructuring)........tis 1 going into bankruptcy...no more hope.....

Posted by bekful > 2013-06-21 11:18 | Report Abuse

definitely going into bankruptcy...

Posted by zack_liza > 2013-06-21 11:19 | Report Abuse

waiting price at 0.05....

Posted by alien79 > 2013-06-21 11:23 | Report Abuse

instead of buying the shares (which will be worthless after taken off BURSA + lelong), I think u all should just go and lelong their assets.....u might be able to bring back the company back to life.....=.="

Posted by ayeefk > 2013-06-21 14:01 | Report Abuse

(Trade at your own risk!)

The Company was served with the Notice of Appointment of Receiver and Manager stating that on 19 June 2013, a Receiver and Manager has been appointed over the charged assets and undertakings of Malaysian AE Models Holdings Berhad under the terms of the Debenture dated 19th April 2012 executed between the Company and and Joint-Lead Arrangers i.e. RHB Bank Berhad (as facility agent) and Malayan Banking Berhad (as security agent).

(a) MAEMODE, a company incorporated in Malaysia on 8th May 1992 with an authorised capital of RM200,000,000.00 divided into 200,000,000 ordinary shares of RM1.00 each and a paid-up capital of RM107,006,868.00 divided into 107,006,868 ordinary shares of RM1.00 each. The Group is principally engaged in investment holdings and manufacturing, installation and marketing of material handling and conveyor systems and parts.

(b) Based on the audited financial statements of the Company for the financial year ended 31 May 2012, the net book value of the affected assets and floating assets is approximately RM726 million.

(c) The Company has failed to service the monthly fixed repayment amounting to RM16,101,831.49 as at 31 May 2013 in respect of the Facility Agreement (Syndicated Term Loan Facility of up to RM100.0 Million). The event of default has triggered the demand from the financiers on the full outstanding amount of RM96,082,818.51 as at 31st May 2013.

(d) With the appointment of Receiver and Manager, the Company is of the opinion that there are material financial and operational impact on the operations of the Company and the Group.

(e) The Company is not able to quantify at this moment the losses that would arise.

This announcement is made on 20 June 2013.

(Source: http://www.bursamalaysia.com/market/listed-companies/company-announcements/1327337)

Posted by jacksonchoo > 2013-06-21 14:41 | Report Abuse

make some handsome profit...went in 0.11

Posted by jacksonchoo > 2013-06-21 14:42 | Report Abuse

target out 0.17

Posted by jacksonchoo > 2013-06-21 14:51 | Report Abuse

alright....cut all done @0.16..thank you

Posted by Sinai > 2013-06-21 15:03 | Report Abuse

Reminds me of Luster and Tcubes...

Posted by Lucky88 > 2013-06-21 15:16 | Report Abuse

Haiyo... now 16 sen jor...
Bought at 10sen sold at 12sen thanks to SJSOON ,JTFX instilled the fear to me

Posted by jacksonchoo > 2013-06-21 15:49 | Report Abuse

wow..still happening..some done at .17

Posted by jackport > 2013-06-21 15:54 | Report Abuse

impressive......

Posted by messi > 2013-06-21 16:19 | Report Abuse

wtf happening

Posted by anbz > 2013-06-21 16:22 | Report Abuse

wow camna baru perasan ni!!!

Posted by jacksonchoo > 2013-06-21 16:30 | Report Abuse

feel sorry for this company....just clear all @.185.. enough for big dinner tonight. yaahooo

Posted by vncntpang > 2013-06-21 17:11 | Report Abuse

gambling is unsafe acts.......not wat I preferable.

Posted by vncntpang > 2013-06-21 17:12 | Report Abuse

lucky in this time but not for rest of life...take note, take note.

Posted by jacksonchoo > 2013-06-21 17:20 | Report Abuse

@vncntpang, i know it's risky today to gamble on this..just lucky. thanks

Posted by Sinai > 2013-06-21 18:31 | Report Abuse

I hope you wont lose it back on Monday

Posted by IniKaliLah > 2013-06-21 22:22 | Report Abuse

So easy to make money today.....buy at 0.09 cent and sell at 0.18 cent......100% rtn only for intra day......thks to panic selling

Posted by jacksonchoo > 2013-06-24 11:46 | Report Abuse

rebound again?

Posted by jacksonchoo > 2013-06-24 12:20 | Report Abuse

what to say !! open 0.125...now already 0.23..what a risky yet easy money today!!

Posted by hom3boy > 2013-06-24 13:32 | Report Abuse

wao. dare to get in now?

Posted by CityTrader > 2013-06-24 13:49 | Report Abuse

i entered with regret but not yet sell ..

Posted by Choon Keng Wong > 2013-06-24 14:00 | Report Abuse

entered at 0.145 last friday but chicken out at 0.155 same day....

Posted by chia88 > 2013-06-24 14:40 | Report Abuse

0.222 man can enter or not?

Posted by cool > 2013-06-24 16:10 | Report Abuse

MAEMOODis the best!!!!!!!30% above in 1 dayy

Posted by jacksonchoo > 2013-06-24 17:59 | Report Abuse

yes!!

Posted by thlim123 > 2013-06-24 18:40 | Report Abuse

What is the chances this company go bankrupt???

Posted by chia88 > 2013-06-24 19:00 | Report Abuse

How can this co triggers PN17?

Posted by JTFX > 2013-06-24 20:36 | Report Abuse

borrow money,cannot pay back..AH LONG come..

Posted by hermen1123 > 2013-06-24 20:41 | Report Abuse

=,= lll

Posted by chia88 > 2013-06-24 20:51 | Report Abuse

Last Monday was 0.45c today 0.21c, can buy tomorrow or not?

Posted by jacksonchoo > 2013-06-24 22:28 | Report Abuse

very high risk...so far from the break of low 0.085 on monday , closed 0.155 and today closed 0.20..your own judgement. A PN 17 company..

Posted by sephiroth > 2013-06-25 09:48 | Report Abuse

suspension (28/6/13) until further notice also no effect on this counter

Posted by ERENE > 2013-06-26 11:19 | Report Abuse

Come on babe shake your shoulder

Posted by ERENE > 2013-06-26 11:22 | Report Abuse

SHAKE SHAKE SHAKE!!!!!

Posted by iwan1991 > 2013-06-26 11:28 | Report Abuse

can up or not??