Posted by JJchan > 2016-05-15 13:00 | Report Abuse

On the 22 April 2016, the Court of Appeal delivered its decision on the appeal filed by MSIG. The Court of Appeal dismissed the appeal by MSIG on the issues of liability and interest and thereby affirmed the High Court decision on the said issues.

---7.The agreed cost of RM50,000 be rewarded to the appeliant.. ( MSIG)

I have never heard case where the "loser' get rewarded......only samngks can made this up

Posted by mango2 > 2016-05-15 14:22 | Report Abuse

Dear JJchan, if u may pls allow me to close this discussion for the moment by saying:

At the end of the day, it is possible MSIG may not appeal to Federal Court, and even if they do, it is not necessary they will win. Furthermore it is possible that both parties may come to an amicable settlement without further ligitation.

I hope this may calm you down. Have a good rest. Bye.

Posted by JJchan > 2016-05-15 15:51 | Report Abuse

Ya,Ya, samngks... now want to made good with us after tormented us with false lie for 14 days
I don't like Mango's offering bcoz mango give me Diarrhea

Posted by bruce5113 > 2016-05-15 16:28 | Report Abuse

hahahaha...very good arguments...up up up...dps... :-D :-D :-D

Posted by mango2 > 2016-05-15 18:21 | Report Abuse

Sorry JJchan, just a few last words. I think you just could not accept the reality that MSIG can still appeal further to the Federal Court and possibly have the COA and High Court decisions overruled. It is ok, I understand, as u have millions of dps shares. That must be very harsh reality to swallow indeed. Nevertheless I wish u all the best in your shareholding in DPS.

Posted by Teh Diven > 2016-05-15 18:48 | Report Abuse

No need to promote so much....kalau mau terbang, sudah lama sudah terbang. Mau tunggu sampai skrg meh?

Posted by Caveman > 2016-05-15 19:22 | Report Abuse

MSIG can only appeal to Federal Court if there need be a very special interpretation of the law. Meaning if the Judges did not understand something. Federal Court is not going to waste any time with such case as this. DPS has won original and appeal so it is time for MSIG to honor the insurance contract and quit chasing their tail. Now MSIG will have to pay for original court cost and now also appeal court cost. How much more are they going to pay is the question. The settlement should be the maximum. MSIG will still pay interest as time keeps going. More and more.
If you had a business and it burned wouldn't you want the promised insurance, that you pay a premium every month for, to help you get back to business? I would think so. Imagine if you depended on this business to feed your family. MSIG is in business to make money and not friends.
Please learn the parable of the fig tree.

Posted by Hein > 2016-05-15 20:12 | Report Abuse

Agree with you Caveman. You even better than Cityman.

Posted by ec9118 > 2016-05-15 22:50 | Report Abuse

Agree wth you caveman,保险公司就是看准你厰烧了，没有其他收入来源，很快就走入pn17,或除牌，他们之所以他牠，postpone,几次，后来上诉庭，又postpone ,又换法官，特地牠，想搞你到惨，， 幸好DATO SOH,英明，果断，贾掉一部酒店，资产，又收購LENCHONG 厰，，又rightissue,把拿到的钱减轻了很多，一路走来，劳功苦多，相信会像永大一样在马六甲市，浴火重生，成功转行，再創高峰，

Posted by ec9118 > 2016-05-15 23:01 | Report Abuse

也希望DATO SOH AND ALL MAJOR SHARE HOLDER,加入增持股票行动，清除大多road block
给我们这些小股民，能随 DPS 发展 ，DPS UP UP UP,,

Posted by stncws > 2016-05-15 23:59 | Report Abuse

TOMOLOW SHD BE DOWNTREND.

SELL SELL SELL

Posted by eric eow > 2016-05-16 00:14 | Report Abuse

stncws tomollow sure up! chichen rice no more at rm2.5,
can you show me the downtrend chart?
if tomorrow up ,you better shut up start from tuesday,
you motive is only want to people losing money and sell to you,
and make many round,

Posted by eric eow > 2016-05-16 00:26 | Report Abuse

stncws are selfish and speculators person,no principle,
when his hand got share ,he promote to sell high
when his
hand no share ,ask people sell,shouting downtrend,

Posted by eric eow > 2016-05-16 00:35 | Report Abuse

stncws if you still act like this,no
people will believe on you,

Posted by bruce5113 > 2016-05-16 01:27 | Report Abuse

hahaha...stncws get scold by eric eow... :-D up up up...dps... :-D :-D :-D

Posted by mango2 > 2016-05-16 02:30 | Report Abuse

Though I said to stop discuss the matter, but unexpectedly Mr. Caveman pop up and raised an interesting point, and this brought me back here. Hope u guys don't mind.

Mr. Caveman, as u said "MSIG can only appeal to Federal Court if there need be a very special interpretation of the law", that I interpreted as MSIG can appeal to Federal Court on certain ground.
So at least u do not totally shut out MSIG avenue for appeal to Federal Court, and this open up channel for further discussion. Thank you Mr. Caveman, I appreciated that.

As I understand, any appeal to the Federal Court from Court of Appeal must start with an application to the Federal Court for an approval to appeal, the legal term is "Leave to Appeal".
(Pls refer to section 97(1) of the COURTS OF JUDICATURE ACT 1964 - on page 50 of http://www.vertic.org/media/National%20Legislation/Malaysia/MY_Courts_Judicature_Act.pdf)

Once the Leave to Appeal is granted by the Federal Court, then the appeal proper can proceed.
I understand that in the Leave to Appeal, the appellant (in this case MSIG) must state the grounds of their appeal. The Federal Court will then consider the merit of the grounds of appeal before granting approval to appeal, or therwise. So Federal Court in making their decision for Leave to Appeal, must know what is the appellant's grounds of appeal, stated in the Leave to Appeal. Without these grounds of appeal, the Federal Court cannot make any such decision, as there is no data to work on.

Now my questions to Mr. Cavemen are:

1) If MSIG is to appeal to the Federal Court, do u know what is their grounds of appeal in the Leave to Appeal ?

2) If u do not know MSIG's grounds of appeal, then how do u know Federal Court will not grant MSIG Leave to Appeal (when Federal Court themselves cannot make such a decision without first knowing MSIG ground of appeals) ?

3) For the sake of discussion, we assumed that u are very resourceful and u know MSIG is going to appeal to the Federal Court and u know their grounds of appeals in the Leave to Appeal, then why do u think MSIG Leave to Appeal will definitely not granted by the Federal Court (when normally in such situation both parties solicitors will not even know the decision, until given by the Federal Court) ?

Hope to hear from u your answers to the above questions, Mr Cavemen. Thank you.

By the way Mr. Cavemen, as I said earlier, MSIG might not even appeal to the Federal Court in the first place. So let us just treat this as an academic discussion.

Sorry guys, lenghty message again, as I really don't know how to summarise the above. Please bear with me just 1 more time. Thank you.

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Posted by Caveman > May 15, 2016 07:22 PM | Report Abuse

MSIG can only appeal to Federal Court if there need be a very special interpretation of the law. Meaning if the Judges did not understand something. Federal Court is not going to waste any time with such case as this. DPS has won original and appeal so it is time for MSIG to honor the insurance contract and quit chasing their tail. Now MSIG will have to pay for original court cost and now also appeal court cost. How much more are they going to pay is the question. The settlement should be the maximum. MSIG will still pay interest as time keeps going. More and more.
If you had a business and it burned wouldn't you want the promised insurance, that you pay a premium every month for, to help you get back to business? I would think so. Imagine if you depended on this business to feed your family. MSIG is in business to make money and not friends.
Please learn the parable of the fig tree.

Posted by Caveman > 2016-05-16 07:28 | Report Abuse

http://www.commonwealthgovernance.org/countries/asia/malaysia/judicial-system/

Hope this helps. The Court of Appeal ruled very clear already in the matter of a settlement amount to be determined by The High Court. The Court of Appeal made a sure ruling. The Judges followed and understood the matters and came to a decision. The Court of Appeal could have sent the matter to The Federal Court themselves if they could not come to a decision. I cannot find any reason why this would even be considered a misinterpretation of law or any higher matter. I am not a lawyer, by any means, but I do understand meanings of words.

Peace and grace be upon you beloved brothers and sisters forever and ever amen.

All glory goes to The Father

Posted by fl888 > 2016-05-16 08:02 | Report Abuse

As clearly stated by DPS, the fire claim amount has been written off in their Balance Sheet.So if loose ,no problem but if fire claim released to DPS beomes extraordinary profit item, which is definite already as per COA judgement, and the share price are factoring all these before deciding when to push up.....

Posted by shareking1 > 2016-05-16 08:33 | Report Abuse

Today T2.

Posted by ec9118 > 2016-05-16 08:51 | Report Abuse

Everyday got t2,t3,who want to sell,sell,who got holding power,pickup,this is normal,no need to mention!

Posted by Fat Cat Tim Buddy > 2016-05-16 09:06 | Report Abuse

yong kon so desperate until spam so many time kikiki

Posted by Diven Teh > 2016-05-16 09:31 | Report Abuse

BB already goreng lkl liao...........

Posted by stncws > 2016-05-16 09:43 | Report Abuse

No More Good news,, Will be stagnat for few week.

Downtrend expected!

Buy Low NOW !!

Posted by decentguy > 2016-05-16 09:57 | Report Abuse

Stncws...just shut up...u want to buy or sell just keep it to urself pls.....)))

Posted by ec9118 > 2016-05-16 10:05 | Report Abuse

See with your eyes,sudah 1 jam,pun tidak ada orang mahu jual dengan 10.5sen,itu panggil down trend,you suka kontra,you pergi LKL,TENGGOK YOU
BOLEH UNTUNG ,pergilah,sekarang 28.5sen

Posted by bruce5113 > 2016-05-16 10:07 | Report Abuse

stncws kena kasi orang marah... :-D up up up...dps... :-D :-D :-D

Posted by eric eow > 2016-05-16 10:09 | Report Abuse

leave this counter,since its down trend,just leave,we are not welcome
you,get out!

Posted by moguiyu > 2016-05-16 10:11 | Report Abuse

stncws....i trust u...... i wanna sell wb now.....u take it.....hahaha

Posted by ec9118 > 2016-05-16 10:26 | Report Abuse

Itu lkl pembukaan 35sent,orang ipo baru 20sen, sekarang ,29 sen ,orang jual,banyak daripada beli,itu panggil down trend, faham tak

Posted by stncws > 2016-05-16 10:55 | Report Abuse

Eric. maybe you are not so familiar what i said. Actually I m helping you to earn money, but you just think otherwise.

If the stock cannot move, we must use difference strategy to earn money, sell and buy back, This will reduce your cost, and earn some money.

I can see the pattern of DPS,

Becos when it don moves at 7c, it will drop!

to be frank im earning for contra a some coffe lui of RM14k.

Posted by stncws > 2016-05-16 10:56 | Report Abuse

Bruce n Eric.. See ..Train YOUR MIND TO SEE THE GOOD IN EVERY SITUATION!

Posted by stncws > 2016-05-16 10:57 | Report Abuse

SELL N BUY is a good strategy in this manner!

Posted by stncws > 2016-05-16 11:03 | Report Abuse

Follow the game rules!

Posted by decentguy > 2016-05-16 11:45 | Report Abuse

Stncws...yup u think u r smart for now...but in the long run u will get burnt...kind advice to u....)))

Posted by Diven Teh > 2016-05-16 11:55 | Report Abuse

ada duit simpan tiada duit jgn beli contra.

Posted by stncws > 2016-05-16 12:12 | Report Abuse

无眼梯!

Posted by MoneyMoneyHome > 2016-05-16 15:03 | Report Abuse

:P

Posted by stncws > 2016-05-16 15:23 | Report Abuse

NOW U SEE 10.5C...5.5C..
BACK TO SQUARE ..

TMR T+3...

drop!!!

Posted by MoneyMoneyHome > 2016-05-16 15:25 | Report Abuse

:p :p

Posted by bruce5113 > 2016-05-16 16:26 | Report Abuse

price recover back... :-D up up up...dps... :-D :-D :-D

Posted by ec9118 > 2016-05-16 17:04 | Report Abuse

Bruce ,are you sapu semua,

Posted by bruce5113 > 2016-05-16 17:07 | Report Abuse

ec9118, don't say too loud, someone is listening, keep low profile, ok? :-D up up up...dps... :-D :-D :-D

Posted by ec9118 > 2016-05-16 17:11 | Report Abuse

2 hari boleh untung 1.5sen ,sebanyak 14k,berapa qty kena beli da jual?

Posted by bruce5113 > 2016-05-16 17:14 | Report Abuse

belum jual lagi, simpan untuk jangka masa panjang... :-D up up up...dps... :-D :-D :-D

Posted by ec9118 > 2016-05-16 17:18 | Report Abuse

Gang sekali dengan samngks,takutkan orang ,jual rugi bagi dia,kemudian beli murah jual tinggi,

Posted by ec9118 > 2016-05-16 17:19 | Report Abuse

Putih boleh cakap hitam,kancil pun jadi kuda!

Posted by bruce5113 > 2016-05-16 17:23 | Report Abuse

ec9118, u ada salah tengok ke? saya bukan gang samngks...tengok baik-baik sikit la...up up up...dps... :-D :-D :-D

Posted by ec9118 > 2016-05-16 18:07 | Report Abuse

No joke,no funlah

Posted by Hein > 2016-05-16 18:37 | Report Abuse

Hopefully, this coming QR can show good result. Otherwise the price like dancing cha cha.

Posted by JJchan > 2016-05-16 19:33 | Report Abuse

I think this coming Friday we should have posting about High Court Date for quantum (30 days)