Posted by NonameAS > 4 weeks ago | Report Abuse

New management take over all the shares which previous shareholders sold off. New era coming and stock may reach expected prices soon.

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk, there are several reasons why a Chairman (EC) would buy his own stock.

1. Confidence in the company: When an EC purchases his own stock, it shows that he has confidence in the company’s ability to perform well in the market. This can be seen as a vote of confidence in the company’s business model, management team, and future growth prospects.

2. Alignment of interests: By investing in his own company, the EC aligns his own interests with those of the shareholders. This can signal to investors that the EC is committed to increasing shareholder value and is not simply looking to cash out.

3. Undervalued stock: If the EC believes that the company’s stock is undervalued, he may choose to purchase shares in order to take advantage of the potential for future growth. This can be seen as a bullish signal by other investors and may lead to increased confidence in the stock.

4. Signaling effect: When an EC buys his own stock, it can send a positive signal to other investors. This can create a positive feedback loop, as other investors may interpret the EC’s purchase as a sign that they should also invest in the company.

5. Long-term investment: Finally, an EC may choose to buy his own stock as a long-term investment strategy. By purchasing shares in his own company, the EC is effectively doubling down on his belief in the company’s potential for long-term growth. This can be seen as a positive signal by other investors and may lead to increased demand for the stock.

6. Defending against hostile takeovers: By buying a significant amount of their company’s stock, CEOs can increase their ownership stake and make it more difficult for potential acquirers to gain control. This can help protect the company from hostile takeovers and ensure its long-term independence.

Posted by DoomStock > 4 weeks ago | Report Abuse

7. Signaling a positive outlook: Buying stock can be seen as a vote of confidence in the company’s current performance and future prospects. It demonstrates that the EC has a positive outlook on the business and believes it is undervalued by the market.

8. Capitalizing on insider knowledge: Directors often have access to non-public information about the company’s performance and future plans. By purchasing stock, they can take advantage of this knowledge to make a profitable investment.

There you go, folk!

Posted by topkek > 4 weeks ago | Report Abuse

Sarawak Sustainability Insights 2024 held today to engage with relevant stakeholders on Sarawak Sustainability Blueprint.

Posted by cicakman > 4 weeks ago | Report Abuse

Those who don't have intention to invest are not allowed to buy.Even on new the px movements were + 1-1.5 cts Don't simply loose money.

Posted by cicakman > 4 weeks ago | Report Abuse

Top vol says,no counters will or can play up today. U better cari bomoh Siam to help u. cz mkt force are very very weak🤣🤣🤣.

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk, LSS5, also known as LSS-Energy Transition SuRiA, has the largest allocation to date with 2gw or 2,000mw up for grabs.

There are four packages under LSS5. The biggest is Package 3 — which carries 1,000mw and parties can propose to build anywhere from a 30mw plant up to a 500mw one. There are four packages available under LSS5 with project capacity ranging between 1MW-500MW each.

Three out of the four packages are for rooftop or ground-mounted solar projects with an aggregate quota of 1.5GW.

The fourth package is for floating solar projects with a total quota of 500MW. The tender requires minimum Bumiputera or local Malaysian equity requirements to increase local participation in the RE industry.

If the government announces the [winners of the] LSS5 projects soon, it will be a boon for the industry as players can take advantage of the low solar panel price and a stronger ringgit against the US dollar.

The drop in solar panel prices has also been attributed to Chinese manufacturers throwing prices as they cease operations due to oversupply. They are selling lower than market prices to clear their stocks.

https://theedgemalaysia.com/node/729472

Posted by IlmuKhodam > 4 weeks ago | Report Abuse

Bomoh Siam lebih power? I got Ajarn Subin amulets, @cicak can help?
I chant this mantra - so sa si nih, so ah ni so x 3

Posted by Eagle77 > 4 weeks ago | Report Abuse

Abg kasi naik ⬆️✅

Posted by DoomStock > 4 weeks ago | Report Abuse

As stated in Azio Annual Report 2024: Malaysia’s Energy Commission has recently announced the opening of the fifth Large Scale Solar competitive bidding process, known as ‘LSS-Peralihan Tenaga SuRia’ or ‘LSS PETRA’.

It is pertinent to note that LSS5 stipulates the minimum Bumiputera and local Malaysian equity requirements, reflecting the Government’s intention to increase local participation in the RE sector.

Towards this end, the Group, confident in our competitive pricing, is working diligently to secure another large-scale solar award from the Energy Commission, reinforcing our commitment to sustainable growth and environmental stewardship

Posted by cicakman > 4 weeks ago | Report Abuse

@Imu
1000 pcs @ half cts is 5k
2000 pcs is 10k
1/2 cts up,1/2 cts is 5 k only but can maintain cz ppl long holiday.
Current situations cannot simply
spend extra money but 1/4 cts can😎

Posted by IlmuKhodam > 4 weeks ago | Report Abuse

@cicak you think im your stomach worms? How the hell i can understand what you are writing?
Abang dont simply buy in if you look at his past record. He buy, you pandai pandai.

Posted by cicakman > 4 weeks ago | Report Abuse

AIZO investor not going to kill u but contra n weak holders can trouble u.Stop inviting cz they r not serious
on investing n can make px will stagnant.🤣

Posted by cicakman > 4 weeks ago | Report Abuse

Abg not buy bnyk larr..

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk, November will be the active month for Azio shares. LSS5 winners announcement, Sarawak Energy tender and the quarter financial earning report.

Posted by cicakman > 4 weeks ago | Report Abuse

Got PP 44,617,200 @9.122 cts it will be two side of a coin.

Posted by cicakman > 4 weeks ago | Report Abuse

Ilmu,it means 1/2 up 14.5 n 1/2 cts down buy is 14 cts, u spent 1/4 cts on average.

Posted by IlmuKhodam > 4 weeks ago | Report Abuse

@cicak, this counter aim for funds, with the MOU, Abang can convince other investors like Berjaya or Citaglobal meow meow that Abg Jo supporting his idea.
https://www.theborneopost.com/2024/10/26/sarawak-mulls-own-pension-fund-for-state-civil-service-says-premier/
Sarawak version EPF.
PP more important is who is the one sapu-ing. Wait for announcement.
DoomStock, AIZO confirm win all the tenders, its not a question at all. It jst a matter of Abang want it or not. if Abang want it, who dare to block?

Posted by Eagle77 > 4 weeks ago | Report Abuse

Invest guys ✅ will make multi fold later 💰💰💰💥

Posted by mf > 4 weeks ago | Report Abuse

2024-10-28

Additional Listing

Private Placement - 44,617,200 shares.

Posted by Eagle77 > 4 weeks ago | Report Abuse

Big project in hand raising more funds to implement it ✅⬆️💰💥

Posted by Eagle77 > 4 weeks ago | Report Abuse

Abg Jo can Abg Izzarim can too 💪💪✅⬆️

Posted by cicakman > 4 weeks ago | Report Abuse

It's about Investing for long term.Big investor don't buy for short term.If cannot invest don't touch..The previous "RAllY" was in Dec n currently NO rally.Wait 2 months larr.
They r not going to buy for our sake lorr.🤣🤣🤣

Posted by Eagle77 > 4 weeks ago | Report Abuse

Afternoon 0.15 - 0.16 ✅⬆️

Posted by cicakman > 4 weeks ago | Report Abuse

See how last 1 hour😎
0.14. cts ok
0.145 good
0.15 very good.
0.155 cts Excellent.
Closing should be 14.25 cts🤣🤣🤣

Posted by IlmuKhodam > 4 weeks ago | Report Abuse

Need 2nd announcement to confirm Abang collecting, then all in. F all in.

Posted by hcthey > 4 weeks ago | Report Abuse

Abang's holdings is about 274,000,000 shares , 14.8% of total issued share capital.

Posted by Eagle77 > 4 weeks ago | Report Abuse

Abg Jo Sarawak Premier the great leader in Malaysia 🇲🇾 so Abg Izzarim 💪⬆️✅

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk, AIZO has proposed to undertake private placement of up to 10% of the company’s total issued shares or up to 178,469,000 new shares.

The first tranche of the private placement involved the issuance of 26,770,300 placement shares priced at RM0.125 each which were listed on Bursa Malaysia on October 11, 2024

The second tranche of its private placement of 44,617,200 shares at RM0.122 per placement share were listed 0n 29 Oct 2024.

Folk for the balance of the private placement shares, the issue price per share which will be fixed at a later date would definitely be much higher than the first and second tranches as the share price move up higher in November 2024.

There you go folk!

Posted by Eagle77 > 4 weeks ago | Report Abuse

Naik sampai meletupppp ⬆️✅💥💥💥

Posted by Eagle77 > 4 weeks ago | Report Abuse

Otw to 0.20 ✅⬆️

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk, private placements are typically offered to accredited investors, such as high net worth individuals or institutions to allow Azio to raise capital quickly and efficiently, without the time-consuming.

Azio can choose their investors carefully and negotiate the terms of their private placement offerings to maintain control over their operations and strategic direction.

Private placement too can also help Azio avoid the influence of activist investors or other external forces that may seek to influence their decision-making processes.

Posted by DoomStock > 4 weeks ago | Report Abuse

Why would a Chairman buy his own company’s stock?

A Chairman may buy his own company’s stock for several reasons. Firstly, it can be a sign of confidence in the company’s future performance.

By purchasing shares, the Chairman is showing that they believe the stock is undervalued and has the potential to increase in value.

Additionally, buying stock can be a way for the Chairman to align their interests with the shareholders and demonstrate their commitment to the company’s success.

Furthermore, buying can also be a way for the Chairman to take advantage of potential undervaluation in the market.

If the Chairman believes that the stock is currently trading at a lower price than its true value, he may see an opportunity to buy and make a profit in the long run.

Lastly, buying stock can be a strategic move for the Chairman to gain control or increase influence within the company folk!

Posted by cicakman > 4 weeks ago | Report Abuse

Telor baru sebiji dah berkokok.😂

Posted by IlmuKhodam > 4 weeks ago | Report Abuse

Hidup Nga Pang !

Posted by Eagle77 > 4 weeks ago | Report Abuse

Big project coming ⁉️💰💥

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk with the mega project like Sarawak Data Center Park in the pocket, next will the the mega Floating Solar Farm projects.

Solar Energy Tenders Pending Announcement:

1. Sarawak Energy Tender- Request for Proposal for Front End Engineering Works for the Expansion of 160MW Floating Solar at Batang Ai. Tender closed on 31 July 2024.

2. Ministry of Energy Transition and Water Transformation for LSS-Energy Transition SuRiA - LSS5 5. Tender closed on 25 July 2024.

November will be an interesting month for Azio.

Posted by IlmuKhodam > 4 weeks ago | Report Abuse

Unbelievable closing. Kita dah menang.

Posted by Eagle77 > 4 weeks ago | Report Abuse

Esok up ⬆️ terus ✅

Posted by topkek > 4 weeks ago | Report Abuse

Srwk target to produce 10 GW of energy by 2030, of which 60% are RE capacity. In 2010 & 2023, 1,346 MW & 5,745 MW produced respectively. A lot of opportunities lie ahead.

Posted by Osman65 > 4 weeks ago | Report Abuse

Abg acquired again ...

Posted by DoomStock > 4 weeks ago | Report Abuse

Folk acquisition of shares in open market by Executive Chairman:

27/10 acquired 2,000,000 units at Rm0.144
28/10 acquired 2,500,000 units at Rm0.145
29/10 to be known on the 30/10 if there any.

Yes folk, November will be an interesting month for Azio.

Posted by Eagle77 > 4 weeks ago | Report Abuse

Everyday Abg buying ✅⬆️

Posted by Eagle77 > 4 weeks ago | Report Abuse

Let’s the price spikes more and more ✅🚀🚀🚀

Posted by Eagle77 > 4 weeks ago | Report Abuse

Ride to 0.20✅ before the big announcement of mega renewable project and LU ⬆️⬆️⬆️🚀🚀🚀

Posted by Eagle77 > 4 weeks ago | Report Abuse

Nowadays even Tun M also asked Sarawak to help others poorer states ✅💰💥Sarawak 💪💪💪

Posted by Eagle77 > 4 weeks ago | Report Abuse

AIZO will become multibagger stock represents anak Sarawak Boleh!!!💪💪💪✅

Posted by Eagle77 > 4 weeks ago | Report Abuse

Don’t be the last one getting in the boat ⛴️✅🚀🚀🚀

Posted by Eagle77 > 4 weeks ago | Report Abuse

AIZO = Artificial Intelligence Zoom 💰✅🤩

Posted by cicakman > 4 weeks ago | Report Abuse

Mau bohong pun utk kepentingan patut2 lah.Bila tak dpt semua tak ok,bila dah dpt semua baik.
Control sikit emosi tu cz boss bought for long term not for everybody to contra n make money lorr.