For FLB he did not serve the notice at all . Noted that at the date of the Annual Report, which is somewhere around March 2016, his total interestinshares has reached 6% 。 In the notice, he put the date at 11 April. 016. kakaka, nanti kena olang complain again.
Quote from Today s Star N/Paper..... "According to Bursa Malaysia’s listing requirements, a substantial shareholder needs to give notice on their acquisitions or disposals two weeks from the day they buy or sell the shares. " As this is the requirement and a person, now has not followed it, my question is will Bursa take action to level the playing field?
7 days to notify the company secretary ler, then Company secretary notify within T+4 to Bursa. if not mistaken. Once he is emerged as a substantial shareholder, he has to notify the CompanySecretary every time he buy/sell ler.
To my knowledge, Mr koon has never disclose buy or sell after he becomes substantial holder. Not for Vs, not for latitude, not for liihen and not for Flbhd.
more orders to come in, I will just look at the company great balance sheet, cash flow, and more important it is undervalued!!! it is much better than VS!
main of TAAN is not going to the US, more to asia, I like Taan is they have both timber (timber price now up) and oil palm (palm oil price will up), FLB and TAAN good..
TAAN is bigger cap stock, FLB is smaller cap stock, TAAN will be able to hold up better than FLB in case there is some one manipulating FLB, but both FLB and TAAN are good
My suggestion to those newbie please buy flbhd now or when it drop and dont hold too long just sell when got profit . Dont be greedy . Cos too many shares been pledge and more buying using loan or margin .mind you the price floor will be obvious later. share on margin will rarely go or cant afford downtrend . The uptrend is a set up to lure in TA newbie .. Watch out ..take profit Swiftly . Kikiki
FLB has net cash RM74m. EPS 30c. PE 7x and much lower <5x ex-cash. Export > 90% to US. The revenue and profit has improved from 2014 to 2015. No forex gain mentioned.
on 11 April, Low = 2.15, High = 2.19. Sifu Koon bought a lots on that day, u think his expected return only satisfied at few % ? then u know how cheap the price now
careful with Favco...order backlog is decreasing..though its a fundamental stock. Even if it maintains the last earnings...if backlog shrinks one more time..it will be devastating to the Price.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
pputeh
698 posts
Posted by pputeh > 2016-05-10 19:59 | Report Abuse
Whats the rules on reporting of selling or buying in Bursa. Is there a specified time frame? Any one knows