SEDANIA INNOVATOR BERHAD

KLSE (MYR): SEDANIA (0178)

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Last Price

0.145

Today's Change

+0.005 (3.57%)

Day's Change

0.14 - 0.145

Trading Volume

887,200


2 people like this.

7,939 comment(s). Last comment by DK2866 1 week ago

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-02-27 12:23 | Report Abuse

Pls throw. I'm grabbing it: )

Beza

1,847 posts

Posted by Beza > 2017-02-27 15:29 | Report Abuse

On behalf of the Board of Directors of SIB, M&A Securities Sdn Bhd wishes to announce that the Company had on 27 February 2017 entered into a share sale agreement with Sedania Corporation Sdn for the acquisition of 2,000,000 ordinary shares in the share capital of Sedania As Salam Capital Sdn Bhd, representing the total number of issued shares in SASC, for a purchase consideration of RM12.00 million (“Proposed Acquisition”) to be satisfied by a combination of cash amounting to RM4.00 million and issuance and allotment of 25,806,452 new ordinary shares in SIB at an issue price of RM0.31 per SIB Share.

Kindly refer to the attachment on further details of the Proposed Acquisition.

This announcement is dated 27 February 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5348233

Beza

1,847 posts

Posted by Beza > 2017-02-27 15:33 | Report Abuse

RATIONALE AND BENEFIT OF THE PROPOSED ACQUISITION
The „online‟ way of life that is now adopted by the masses and a culture that revolves around
handheld devices such as smartphones and tablets means people can access data and make
transactions such as money transfers into different accounts through mobile applications at
anytime, anywhere. The influence of financial technology (“Fintech”) on consumer behaviour
and the processing of monetary transactions and services is transforming the way companies
and individuals efficiently deal with an abundance of financial functions.
Rising from this, the Proposed Acquisition is in line with the Board‟s initiative to make a
strategic investment in Fintech. SASC is one of the players providing a Tawarruq commodity
trading system that is used by financial services companies to process and disburse personal
Islamic financing. The Board is of the opinion that with SASC‟s high growth potential in the
Fintech sector, the Proposed Acquisition is expected to contribute positively to the future
earnings of SIB, strengthen the financial position of SIB and its subsidiaries (“SIB Group” or
“Group”) and enhance SIB Group‟s future financial performance.

capoon

63 posts

Posted by capoon > 2017-02-27 17:59 | Report Abuse

good or bad news?

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-02-27 20:32 | Report Abuse

Confirm huat!! Huat ahhh!!

Posted by shortinvestor77 > 2017-02-27 23:43 | Report Abuse

Fintech is a very popular business.

Posted by Azam Azid > 2017-02-28 10:13 | Report Abuse

Sure naik

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-01 10:22 | Report Abuse

Good support. Sedania buying new properties. Price 0.285 is just too cheap!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-01 17:38 | Report Abuse

Someone is buying. Pattern showing everything. Nothing to hide.

ccssam

155 posts

Posted by ccssam > 2017-03-01 17:55 | Report Abuse

wait until my neck long and long

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-01 19:48 | Report Abuse

Sabar ~ as you can see, someone is collecting it, immediate support is 0.285, 2nd support 0.265. Anything below 0.265 I will show hand for sure.

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-02 09:50 | Report Abuse

Coming!!!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-02 13:29 | Report Abuse

Rolling rolling!!

sien

156 posts

Posted by sien > 2017-03-02 14:39 | Report Abuse

still not moving upwards after 3 months rolling between 0.28-0.3...

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 09:23 | Report Abuse

Just hold it. Fruitful profit will be coming

YNWA

1 posts

Posted by YNWA > 2017-03-03 12:53 | Report Abuse

Agree with bro TomyamGong

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 15:59 | Report Abuse

I don't think people will sell it now. Especially operator. Any selling pressure must be created by operators. Don't worry, just hold!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 16:15 | Report Abuse

Same pattern come out again. 0.27 got my full support.

lkhoong

328 posts

Posted by lkhoong > 2017-03-03 16:26 | Report Abuse

cheap cheap collect more!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 16:32 | Report Abuse

sapu all !

lkhoong

328 posts

Posted by lkhoong > 2017-03-03 16:34 | Report Abuse

SAPU!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 16:36 | Report Abuse

i have been observing this counter for more than 6mths. operators pattern i know already .. haha. just hold !!

lkhoong

328 posts

Posted by lkhoong > 2017-03-03 16:41 | Report Abuse

ok sapu all 0.28

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 16:55 | Report Abuse

yes. close at 0.29 !! good sign for next week. huat ahh !!

ccssam

155 posts

Posted by ccssam > 2017-03-03 17:08 | Report Abuse

tomyamgong you really macam yes, but i not sure right or wrong LOL... Hope it will happen next week!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-03 19:29 | Report Abuse

It had been sideway for big players accumulate for months time. Almost want to push up soon. Just stay tuned. My 80% capital is in this counter now. Sure huat!!

bigbigboss

441 posts

Posted by bigbigboss > 2017-03-03 22:17 | Report Abuse

yes that big croc maybe hold many ticket in hand they may push down to collect more

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-06 08:27 | Report Abuse

Confirm up!

tklim

3,205 posts

Posted by tklim > 2017-03-06 09:59 | Report Abuse

Initial resistance is seen at 31.5 sen, followed closely by the 36-sen barrier. The next upper hurdle is resting at the 45 sen-46 sen band. Important support is pegged at the 100-day SMA of 26 sen. — K.M. Lee
Read more at http://www.thestar.com.my/business/business-news/2017/01/21/eye-on-stock-sedania-innovator/#Lso85b0IrifcxXpI.99

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-06 19:38 | Report Abuse

Less seller today. Shoot up is in the corner.

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-07 10:14 | Report Abuse

Buying opportunity!

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-07 11:02 | Report Abuse

Operators happily collecting at 0.285 in the morning. patient is the key!

capoon

63 posts

Posted by capoon > 2017-03-07 15:14 | Report Abuse

r u sure tomyam? sideways till next year i think..

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-07 15:45 | Report Abuse

as i said, patient is the key. From it's pattern look like very soon will push up.

sangjero

648 posts

Posted by sangjero > 2017-03-08 09:38 | Report Abuse

uptrend stock.....

sien

156 posts

Posted by sien > 2017-03-08 09:45 | Report Abuse

bye bye first.. hold the money here too long..

capoon

63 posts

Posted by capoon > 2017-03-08 09:57 | Report Abuse

bye2 also..not patient enough..gud luck tomyam

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-08 10:12 | Report Abuse

Bye capoon. Once u sold maybe it will up immediately. Patient is the key man. This is uptrend stock. Anytime can break 0.32. I already sailang all.

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-08 10:30 | Report Abuse

Strong support is back. Shot up soon

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-08 11:02 | Report Abuse

Lai liao!! Operator removed sell que. PUSH!!!

ccssam

155 posts

Posted by ccssam > 2017-03-08 11:05 | Report Abuse

up until 0.32 only -_- lol. I thought it can goreng up to 0.4 haha...

Beza

1,847 posts

Posted by Beza > 2017-03-08 11:24 | Report Abuse

Keep for longer term if you have holding power. Its business is getting better and better and brighter and brighter.

Newbie01

69 posts

Posted by Newbie01 > 2017-03-08 11:41 | Report Abuse

I just throw all my stock at 0.29...last I bought 0.28 since 2 month ago. Ngam2 breakeven,Better buy others.

kellysgk

268 posts

Posted by kellysgk > 2017-03-08 11:56 | Report Abuse

I believe in tomyam sifu. He promoted this stock since it was 0.24. Now already up 20%. I will hold. :)

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-08 17:38 | Report Abuse

Good closing for the day!! Should be able to break the resistance by this week since the pattern like this. Huat ahhh!!

tklim

3,205 posts

Posted by tklim > 2017-03-09 08:26 | Report Abuse

Technically Sound....Got to wait until it break 0.32.....Will Fly after it break 0.32.....

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-03-09 09:42 | Report Abuse

Yeah. Confirm up. Hold it!

ccssam

155 posts

Posted by ccssam > 2017-03-09 10:34 | Report Abuse

aih... back to sideways again -_-

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