As I warned u guys b4, dun touch SAAG, more and more exchangeable bonds converting to shares while earnings dropped. How many more tranches to go? Allah, oops sorry we can't used that copy righted word here, knows.

---

Added on January 6, 2010, 12:02 amThe current exchange rate is RM3.40 per USD but the conversion is at RM3.58. Fark the bondholders can get away and screw all existing Shareholders. Quote their term of conversion below:

"the agreed fixed exchange rate for
the 7th Tranche of USD1.00 : RM3.58, the number of ordinary shares of RM0.10 ........."


This post has been edited by alenac: Jan 6 2010, 12:02 AM

The truth is no fund managers will touched SAAG now as the bond conversion rate followed the market price b4 issued, so any of u buy u will get the shares from the bondholders who get it at cost and quickly downloaded to kucing kurap shareholders. As the prices dropped, the bondholders will still not be affected as they get more shares in exchanged and immediately offloaded it in the open market.


You want to support this counter? "satu guni wang pun tak cukup"

This post has been edited by alenac: Jan 6 2010, 09:50 PM

hahahahah another 85 mill shares listed by bondholders 6th tranche today, wow another 7th tranche coming. .........100 over million....or more.

Siapa ada, lari kuat2 loh. Now paidup 1.3 billion shares.

Yet there is a syndicate here asking kucing kurap to support the share price. Satu lagi guni wang belum lagi cukup wow!

This post has been edited by alenac: Jan 13 2010, 08:45 PM

hahaahah scaring small time investors u must be joking. latest announcement by SAAG issuing more shares at 15 sen. If u still not come to realisation, not only god can't help u I think u should stopped Share trading altogether. Beware Kinitos = Makantidur! Got flush out eh?

9652 SAAG SAAG CONSOLIDATED (M) BHD
Additional Listing Application

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type and
new class of securities? No
Types of corporate proposal : Private Placement
Details of Corporate Proposal : PRIVATE PLACEMENT OF 59,885,000 NEW ORDINARY
SHARES OF RM0.10 EACH IN SAAG CONSOLIDATED (M) BERHAD ("PLACEMENT SHARES") AT
AN ISSUE PRICE OF RM0.1561 PER PLACEMENT SHARE ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal: 59,885,000
Issue price per share ($$) : MYR 0.156
Par Value ($$) : MYR 0.100
Latest issued and paid up share capital after the above corporate proposal
in the following
Units : 1,395,505,820
Currency : MYR 139,550,582.000
Listing Date : 15/01/2010
Remarks :


14/01/2010 12:54 PM


9652 SAAG SAAG CONSOLIDATED (M) BHD
SAAG-Quotation for 85,036,000 new ordinary shares of RM0.10 each pursuant to

the exchange of USD5.0 million five (5)-year exchangeable bonds issued under
the sixth tranche (Exchange)LISTING'S CIRCULAR NO. L/Q : 55704 OF 2010
Kindly be advised that the abovementioned Companys additional 85,036,000 new
ordinary shares of RM0.10 each issued pursuant to the Exchange will be granted
listing and quotation with effect from 9.00 a.m., Wednesday, 13 January 2010.
Head, Issuers, Listing Div


12/01/2010 10:26 AM

9652 SAAG SAAG CONSOLIDATED (M) BHD
EXCHANGEABLE BONDS

SAAG CONSOLIDATED (M) BHD (SAAG OR THE COMPANY)
ISSUANCE BY SAAG (L) LIMITED (SAAGL), A WHOLLY-OWNED SUBSIDIARY OF SAAG, OF
UNITED STATES DOLLAR (USD) DENOMINATED FIVE (5)-YEAR EXCHANGEABLE BONDS
(EXCHANGEABLE BONDS)
We refer to the announcements made on 4 November 2009 and 29 May 2009 in
respect of the Exchangeable Bonds.
(Unless otherwise defined, all terms used in this announcement shall have the
same meaning ascribed to them respectively in the earlier announcements on the
Exchangeable Bonds)
Further to the Companys earlier announcements in respect of the Exchangeable
Bonds, AmInvestment Bank Berhad (a member of AmInvestment Bank Group), on
behalf of SAAG, wishes to announce that the seventh tranche of the Exchangeable
Bonds to be issued by SAAGL shall comprise of USD6.5 million nominal value
Exchangeable Bonds (7th Tranche).
SAAG / SAAGL have today fixed the exchange price for the 7th Tranche at
RM0.1805. Based on such exchange price and the agreed fixed exchange rate for
the 7th Tranche of USD1.00 : RM3.58, the number of ordinary shares of RM0.10
each in SAAG (SAAG Shares) into which the Exchangeable Bonds to be issued under
the 7th Tranche may be converted is approximately 128,920,000 SAAG Shares.
The exchange price for the 7th Tranche of RM0.1805 represents a premium of
approximately 0.28% over the last transacted market price of SAAG Shares on 4
January 2010 of RM0.18, being the market day immediately preceding the date of
this price-fixing announcement.
This announcement is dated 5 January 2010.


05/01/2010 05:55 PM

This post has been edited by alenac: Jan 14 2010, 11:50 PM

If Bursa has share options, SAAG should kaput by now! Dun have to wait for few years. The only thing that can save SAAG is the oil and gas theme play, if comes b4 CNY at least there is a reprived b4 the coffin man comes.

Assuming its still oil and gas stocks, last we heard its power generation!

This post has been edited by alenac: Jan 15 2010, 06:08 PM

Today its 16.5sen. hahahahah Blame it on OSK.

This post has been edited by alenac: Jan 20 2010, 10:58 PM

lagi more private placement proposal, wonder what the F*ck is the directors and management up to? Maybe they will depressed Saag shares till 1 sen and then picked them up from kuching kuraps?

9652 SAAG SAAG CONSOLIDATED (M) BHD
Additional Listing Application

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type and
new class of securities? No
Types of corporate proposal : Private Placement
Details of Corporate Proposal : PRIVATE PLACEMENT OF 14,400,000 NEW ORDINARY
SHARES OF RM0.10 EACH IN SAAG CONSOLIDATED (M) BERHAD ("PLACEMENT SHARES") AT
AN ISSUE PRICE OF RM0.1592 PER PLACEMENT SHARE ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal: 14,400,000
Issue price per share ($$) : MYR 0.159
Par Value ($$) : MYR 0.100
Latest issued and paid up share capital after the above corporate proposal
in the following
Units : 1,469,407,359
Currency : MYR 146,940,735.900
Listing Date : 25/01/2010
Remarks :

hahahahah, the return of Azman Khan(hope this is not Zaman our forummer, just kidding ) via private placement to goreng the shares. Good luck all kucing Kurap. Now we know one of the big goreng players of Saag.

http://forum.lowyat.net/topic/991698/+2240

This post has been edited by alenac: Jan 27 2010, 11:36 PM

9652 SAAG SAAG CONSOLIDATED (M) BHD
EXCHANGEABLE BONDS

SAAG CONSOLIDATED (M) BHD (SAAG OR THE COMPANY)

8th tranche of bond converted to shares.

112 mill shares gonna to be issued.


ISSUANCE BY SAAG (L) LIMITED (SAAGL), A WHOLLY-OWNED SUBSIDIARY OF SAAG, OF
UNITED STATES DOLLAR (USD) DENOMINATED FIVE (5)-YEAR EXCHANGEABLE BONDS
(EXCHANGEABLE BONDS)
We refer to the announcements made on 5 January 2010 and 29 May 2009 in respect
of the Exchangeable Bonds.
(Unless otherwise defined, all terms used in this announcement shall have the
same meaning ascribed to them respectively in the earlier announcements on the
Exchangeable Bonds)
Further to the Companys earlier announcements in respect of the Exchangeable
Bonds, AmInvestment Bank Berhad (a member of AmInvestment Bank Group), on
behalf of SAAG, wishes to announce that the eighth tranche of the Exchangeable
Bonds to be issued by SAAGL shall comprise of USD5.0 million nominal value
Exchangeable Bonds (8th Tranche).
SAAG / SAAGL have today fixed the exchange price for the 8th Tranche at
RM0.1608. Based on such exchange price and the agreed fixed exchange rate for
the 8th Tranche of USD1.00 : RM3.60, the number of ordinary shares of RM0.10
each in SAAG (SAAG Shares) into which the Exchangeable Bonds to be issued under
the 8th Tranche may be converted is approximately 111,941,000 SAAG Shares.
The exchange price for the 8th Tranche of RM0.1608 represents a premium of 0.5%
over the last transacted market price of SAAG Shares on 5 February 2010 of
RM0.16, being the market day immediately preceding the date of this
price-fixing announcement.
This announcement is dated 8 February 2010.


08/02/2010 06:17 PM


Ref Code: 20100208GA00230

This post has been edited by alenac: Feb 8 2010, 11:16 PM

Saag, another loss quarter, - 1 sen per share widening loss eh?


2morrow 1 sen dropped?

This post has been edited by alenac: Feb 24 2010, 10:31 PM

OIl Crap is good as gone. To be suspended on Monday. Saag?

target 5 sen for Buy! hehehehehe

hahahah theoretical target is 5sen. Last TT set was by zaman but it passed by without effort. By June all bonds issued would be finalised so according to another report.

Asked urself at what juncture would u trust the directors words in the latest press report?

For me I would looked at the money, that is dividend commitment, and how they proposed to turn around the company instead of telling everybody, we need working capital as our industries are capital intensive. Its like stale news being churned out by every conman. Just giving fact of how many rigs to start commissioning is just not enough. The directors got to give the figures. Telling half the info and not giving the other half is not transparency.

This post has been edited by alenac: Mar 12 2010, 08:50 PM

Its just a theoretical Targetlah. With bonds being converted at anytime, who is going to buy, its harakiri.


Still at 5 sen per share, the company is worth RM75 million!

This post has been edited by alenac: Mar 12 2010, 09:09 PM

Wah, U tidur for so long aaarh? U should start buying firstlah, lead the way if u r so confident. Show us ur transactional details here.

NTA of 24 sen can also be supported by unproductive assets.

What not target at 36sen, 48sen or even 60sen?

This post has been edited by alenac: Mar 12 2010, 11:35 PM

Hi zaman, shouldn't we wait for the last of all conversion and private placement be over b4 going in. As bond conversion price and private placement price are being lowered to market price as conversion is being done in tranches.

heheheheheh makan tidur, what frustration eh? my target still 5 sen for buy. Some forummers who went in early got slaughtered since then. Looked at their press release last week, business is not going to be rosy for 2010. 2010 is for then to pick up the pieces from the shit they created. They are not out of the woods as yet.

More bond conversion to shares coming eh?

This post has been edited by alenac: Mar 16 2010, 11:11 PM

BUYING SAAG IS LIKE STRIKING BAD LUCK TWICE. First u have to contend with endless supply of share conversion and secondly, will have to contend with sharks who played the market from placements. Fundamently, the counter is not sound. Watch out for more share issues. If I were u guys I would buy other counters. Why take such a big risks, any way?

Bond conversion Lagi! heheehehe.......................tak boleh makan atau tidurlah....................11.5 sen conversion per share, monday terjun loh! Despite Ekhoono warning of bond conversion announcement today.


Russian roulette is not as fun as buying SAAG!
Its like showing half the tits to tilltilate U. Enticing fools who go and hang themselves.
Those who sell at 14 sen and make can count their lucky stars though.

9652 SAAG SAAG CONSOLIDATED (M) BHD
EXCHANGEABLE BONDS

SAAG CONSOLIDATED (M) BHD (SAAG OR THE COMPANY)
ISSUANCE BY SAAG (L) LIMITED (SAAGL), A WHOLLY-OWNED SUBSIDIARY OF SAAG, OF
UNITED STATES DOLLAR (USD) DENOMINATED FIVE (5)-YEAR EXCHANGEABLE BONDS
(EXCHANGEABLE BONDS)
We refer to the announcements made on 8 February 2010 and 29 May 2009 in
respect of the Exchangeable Bonds.
(Unless otherwise defined, all terms used in this announcement shall have the
same meaning ascribed to them respectively in the earlier announcements on the
Exchangeable Bonds)
Further to the Companys earlier announcements in respect of the Exchangeable
Bonds, AmInvestment Bank Berhad (a member of AmInvestment Bank Group), on
behalf of SAAG, wishes to announce that the ninth tranche of the Exchangeable
Bonds to be issued by SAAGL shall comprise of USD5.0 million nominal value
Exchangeable Bonds (9th Tranche).
SAAG / SAAGL have today fixed the exchange price for the 9th Tranche at
RM0.1155. Based on such exchange price and the agreed fixed exchange rate for
the 9th Tranche of USD1.00 : RM3.50, the number of ordinary shares of RM0.10
each in SAAG (SAAG Shares) into which the Exchangeable Bonds to be issued under
the 9th Tranche may be converted is approximately 151,516,000 SAAG Shares.
The exchange price for the 9th Tranche of RM0.1155 represents a premium of
0.43% over the last transacted market price of SAAG Shares on 25 March 2010 of
RM0.115, being the market day immediately preceding the date of this
price-fixing announcement.
This announcement is dated 26 March 2010.


26/03/2010 05:38 PM


Ref Code: 20100326GA00172

This post has been edited by alenac: Mar 26 2010, 06:57 PM

Oh guys my my my, dun u all get it. The management is driving the shares down indirectly of course! Why? Can be many reasons from A..to Z. But one thing can be certain to make money in whatever ways. So used ur imagination lah.

When U see tits doen't mean its cherries, Right!


Notice that every conversion the converted price will be lower and lower and at exchange of 1USD = RM3.50 or 3.60. If they sell at conversion rate they still make. Exchange rate now at RM3.35.

This post has been edited by alenac: Mar 29 2010, 06:33 PM