EKA NOODLES BERHAD

KLSE (MYR): EKA (7182)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


4 people like this.

2,888 comment(s). Last comment by InterFund 2021-09-03 21:53

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 16:07 | Report Abuse

Force selling should be done by now?

Posted by myrosdan > 2016-03-22 16:09 | Report Abuse

what happen???
UMA.....

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-22 16:16 | Report Abuse

tomorrow will no vol....then jerry come said hold confirm will reach tp 0.32

Posted by gaingunner > 2016-03-22 16:22 | Report Abuse

guess today is a chance to buy.. :p

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 16:26 | Report Abuse

Coming back

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-22 16:31 | Report Abuse

EKA today bursa top4 with closing in red colors..... geezzz....

fang111

110 posts

Posted by fang111 > 2016-03-22 16:39 | Report Abuse

great chance to buy now. drop due to UMA.

vinoth

640 posts

Posted by vinoth > 2016-03-22 16:42 | Report Abuse

This Eka bihun busuk already. Cannot eat.

Posted by gaingunner > 2016-03-22 16:44 | Report Abuse

haha.. waiting around 0.24 range to sell.. TQ Eka

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 16:53 | Report Abuse

Did u guys buy when it was pushed down? Very good buying opportunity. ..

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-22 16:58 | Report Abuse

yes.. grab on 0.22... by the way is their share over sold????

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 17:04 | Report Abuse

Looks like it. I grabbed all at .22 last min also

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 17:24 | Report Abuse

No need for u to say kepala udang. People already know it's UMA. As usual, Go away to other counter

Posted by smallfrysmellgood > 2016-03-22 17:26 | Report Abuse

Beware guys .... I am afraid more to drop ... no offence ya

eftee

1,210 posts

Posted by eftee > 2016-03-22 17:26 | Report Abuse

Wah die die lah those who went in yesterday

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 17:28 | Report Abuse

I have a feeling it will have a sharp rebound.. provided people give way and not keep dumping

Posted by Lim W. Song > 2016-03-22 17:38 | Report Abuse

SAME AS APFT..GG SOON

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-22 17:40 | Report Abuse

i suspect it will goes up within few days.. cause they eat lot of 0.250 - 0.26...... so eat a lot need to digest but when to digest this is a question mark?

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 17:47 | Report Abuse

Agreed...

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 18:02 | Report Abuse

So maybe HYG and Jerry's TP might reach

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 18:18 | Report Abuse

PETALING JAYA: EKA Noodles Bhd is planning to team up with a Chinese technology partner for the production of sweetener and extraction of rice protein powder in Malaysia.

The noodle maker yesterday signed a Memorandum of Understanding (MoU) with Anhui Huijia Biological Science and Technology Company Limited (HuiJia) for the transfer of technology.

“Liquid fructose has been identified as EKA’s new product, which is a relevant extension to the existing products range, in view of its competencies in sourcing and processing broken rice,” the company said in a statement.

The sweetener has been identified as its new product, which is a relevant extension to the existing products range, in view of its competencies in sourcing and processing broken rice.

The company, formerly known as KBB Resources Bhd, said the new products would enable it to diversify and expand its product range.

“This is a tremendous business opportunity for EKA in view of the ready supply of broken rice in the northern region as well as the ready demand from the processed food and beverage industries in Malaysia and Asean countries for liquid fructose,” EKA group managing director Datuk Seri Chin Seak Huat said.

“Alternative sugar is about 20% to 40% cheaper than the traditional raw sugar. The competitive advantage of our new product is really dependent on the highly volatile raw sugar price and our economic of scale of our production line for this product,” he added.

Chin said EKA plans to tap into soft drinks market in Malaysia and the Asean region by forming partnership.

Based on the preliminary research compiled by the company, the market size of soft drinks in Asean countries is worth more than US$18bil (RM79.2bil) in 2012 and is expected to grow to US$27bil (RM119bil) in 2017.

“The rice protein powder, the by-product from liquid fructose production, has great potential given that it has high demand from the poultry and livestock farming as well as aqua farming in the Asean region.

“In view of the growing health-conscious population at large, we anticipate the demand for natural sweetener to gain more popularity compared to artificial sweetener moving forward. As such, EKA will be well positioned to tap into such opportunities,” Chin said.

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 18:35 | Report Abuse

REPLY TO UMA

We refer to Bursa Malaysia Securities Berhad's letter dated 22 March 2016 in relation to the unusual market activity (“UMA”) of the Company’s shares.

Pursuant to Paragraph 9.11 of the Main Market Listing Requirements (“LR”) of Bursa Malaysia Securities Berhad, the Board of Directors of the Company, after having made due enquiries, wishes to clarify that the Company is not aware of :

Any corporate development relating to the Group’s business and affairs that has not been previously announced that may account for the UMA including those in the stage of negotiation/discussion.Any rumour or report concerning the business and affairs of the Group that may account for the UMA.Any possible explanation to account for the UMA.

The Board wishes to confirm that the Company is in compliance with Paragraph 9.03 of the LR of Bursa Malaysia Securities Berhad on immediate disclosure obligations.

This announcement is dated 22 March 2016.

spectre007

1,408 posts

Posted by spectre007 > 2016-03-22 19:43 | Report Abuse

Follow pattern... today down... will up for the next 3 days

pingkoh

42 posts

Posted by pingkoh > 2016-03-22 21:47 | Report Abuse

Maybe they eat for own stock,just to attract plp in.

stockquote

349 posts

Posted by stockquote > 2016-03-23 08:55 | Report Abuse

support looks weak today..

Posted by gaingunner > 2016-03-23 09:37 | Report Abuse

seems like will up back very soon.. i see that well sustained at there ya.

stockquote

349 posts

Posted by stockquote > 2016-03-23 09:47 | Report Abuse

yes agree, the same trend as previously...

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 10:04 | Report Abuse

32 sen tp intact?

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 10:47 | Report Abuse

it will hibernate for a week then start back the trend.... just wait and hang in there...

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 11:00 | Report Abuse

See?? Its coming back fiercely

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:03 | Report Abuse

makan too much at 0.23.... u see them eating... i think is only throwing to each other...

Posted by Lim W. Song > 2016-03-23 11:04 | Report Abuse

wait or run?

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:05 | Report Abuse

i'm waiting cause i still holding....

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 11:07 | Report Abuse

Great rapid! But got lots of sohai still try to block.. and keep piling up... give way la...

rosepetal

79 posts

Posted by rosepetal > 2016-03-23 11:09 | Report Abuse

can go up summore?

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:10 | Report Abuse

spectre... just let it be.... today is just a show.... real show not yet start... i only see them is exchange hands shares ..... this is my opinion

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:12 | Report Abuse

if u all wan to caught in the line of fire 0.23 - 0.235 ... go ahead.... still can try go buy from it......

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 11:13 | Report Abuse

Great... I think if the sohais dun keep blockin. ..easily shoot to 30 sen

Posted by gaingunner > 2016-03-23 11:16 | Report Abuse

might be blocking.. awhile only.. absorb the share at low price. haha.. money money come

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:16 | Report Abuse

i just enter at 0.235

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 11:23 | Report Abuse

Thought u entered earlier?

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:24 | Report Abuse

i mean i enter again... yesterday got enter today again enter at 0.235 ...

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:26 | Report Abuse

haiz.... kena trap at 0.235... too fast enter at 0.235...

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 11:32 | Report Abuse

Nevermind.. yesterday u entered low right?

stockquote

349 posts

Posted by stockquote > 2016-03-23 11:38 | Report Abuse

keep an eye on the warrant guys...

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:39 | Report Abuse

yesterday enter at 0.225 .....

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 11:46 | Report Abuse

OK la.. average 0.23 .... 12.30 got more show.. and if according to pattern 4.30 also got more show

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2016-03-23 11:51 | Report Abuse

spectre 12.30 is lunch time show....... hahahaha

spectre007

1,408 posts

Posted by spectre007 > 2016-03-23 12:34 | Report Abuse

I meant just before lunch time... haha.. it did change to 24 and 245... but then some sohai pushed back down to 235 again... jibet

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