just that why the tops dumping the shares..
might be something we dont know?
i hope its not

0.335 more to come............. KNM abang-adik.

Miss the 0.33 flight

sudah jual semua.... WA oso sudah jual.. now waiting to buy back..

Partially sold at 0.33 and afternun will que balance for a psosible higher price than earlier

SAAG and KNM is it competitor ?

no la.. one is tangki maker and the other is oil rig builder...

Here is the infor i get it from google finance, hope will let you guys know more about this counter. CHEERS...

Hope this counter will back to his glory day when this counter sky-rocket till RM4.xx plus (RM1 per share, now is RM0.10 per share) means RM0.4x ++ now. If come true, can go Tenji eat Sushi Buffet liao.......


SAAG Consolidated (M) Berhad is a Malaysia-based company engaged in engineering, procurement and commissioning of turbo machinery, rigs and other oil and gas, petrochemical and power related equipment and services. It has five segments: investment holding, which includes provision of management and investment holding services; trading, maintenance, repair and overhaul, which includes supply of engineering equipment and spare parts of oil and gas and petroleum industry; rig services, which includes provision of workover rig and consultancy services related to drilling for petroleum; construction, infrastructure and project, which includes procurement, project management, construction and management commissioning of general engineering projects and construction works, and manpower consultancy design and engineering services, which includes provision of engineering consultancy and specialist manpower services to the oil and gas, power generation and infrastructure industries.

Unit 19-5, Block C1 Jalan PJU 1/41 Dataran Prima
Petaling Jaya, 47301
Malaysia
+60-3-78848200 (Phone)
+60-3-78807958 (Fax)
Company website:
http://www.saag.com

I bought 200 lots at 0.315 just now.

i sold 100 lots @.325 ... thinking to get back on boat or let it goes .... ... it is hard decision especially when the price up ..

0.315...hmmm... a bit on the high side for me... I would consider their warrants.. . Got in 50k only at 8sen yestd (wasnt sure if it will go up as it was already up 2 sen yestd when I got in) .. offloaded all at 12.5sen... and then see it hit 13.5sen... .

Strange! Warrant price up is more than mother share!

Thats the beauty of Malaysia.. "Malaysia boleh" anything extraordinary can happen..

but watchout, the WA is 78 days to expiry.

by the way, does anyone knows what the conversion rate?

Still too early to tell the conversion rate as of now.

sorry, i am new in warrant and i have no idea what the warrant is.

What are the differences between warrant and mother share? is it just warrant have expiry date and mother share does not? our money will 100% burn if we hold warrant after expiry date?

You have a chance to convert the WA into mother share. The price will be announced by the company. However, if you do not wish to convert and you still hold the WA after the expiry date, the value of your WA will be zero.

how to convert? is it only during the certain period of time? or anytime? if let say i buy sell WA on the same day, it is just same as mother share transaction right? I mean, sat i bought at 2 cents and sell at 3 cents, the transaction is just same if i bough mother share at 2 cent and sell at 3 cents .. am i right?

btw, any1 here using osk trading account? what is the url? is it www.osk188.com.my? I can't find the login page wooo .. haha .. ..

The SAAG warrant expiry is some way around July 2009 (if im not mistaken) & normally there will stop trade 2 weeks before expiry date (mean you have to convert the share & sell them be4 this time frame). Why the warrant performance better then mother share coz the convertion is lower (RM0.21 per share, means you only have to pay RM210 per warrant to convert a mother share).

The mother share (RM0.345) always have to be lower then the warrant convertion rate [ RM0.21(Convertion rate) plus RM0.15 (warrant market rate) = RM0.36 ] otherwise who hold the warrant will get rich instantly. Example:- if the convertion rate is at RM0.29 means you will make profit RM0.345-RM0.29=0.05 per warrant.

Hope my explanation will help. Do take note that the warrant going to expire soon, unless they get an extention from the SC otherwise just go for short term, do not hold (no time liao) ok. Happy trading. Hope tomolo this counter will be the next KNM which champion for so many days in Top ten volume & $$$$$.

I understand you. I also sold it when i saw the price is going down. After that the price shot up!