No big opportunies 4 time being in m'sia in oil & new work for them. cost getting higher 2. that y mayb they dump & pick for small profit...

This post has been edited by mazda626: Sep 13 2009, 03:43 AM

their strategy seems to be getting the company's stake thru exchangeable bond then dispose all of them in open market.
today they got another 11.26% of share thru exchangeable bond again

Tanked to 23, what next? Fark, big paper losses in this monkey share.

Hold for 1 year, see how it goes.

Point to ponder ;

Stock markets are characterised by bursts of price volatility.
Price changes are less volatile in bull markets and more volatile in bear markets.
Price change correlations are stronger with higher volatility, and their auto-correlations die out quickly.
Almost all real data have more extreme events than suspected.
Volatility correlations decay slowly.
Trading volumes have memory the same way that volatilities do.
Past price changes are negatively correlated with future volatilities.

Ha ..ha... this counter is going down and down nowadays.....SSSoooo goooooooddd !!!!!!!!!!!!!!!!!!
I'm waiting.....

Members' Voluntary Winding-Up of Wholly-Owned Subsidiaries of SAAG
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

what does this mean, anyone plz explain? watching it, no buy yet

Contents : Members' Voluntary Winding-Up of Wholly-Owned Subsidiaries of SAAG


Announcement Details :

Pursuant to Paragraph 9.19(20) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that a liquidator has been appointed for the following wholly-owned subsidiaries for the purpose of members' voluntary winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965. Mr. Ng Chee Hoong of Suite 9.02, 9th Floor, MCB Plaza, No. 6, Changkat Raja Chulan 50200 Kuala Lumpur is the appointed Liquidator for the members’ voluntary winding-up.

Information on wholly-owned subsidiaries


Rationale for the Winding-Up

The above subsidiaries have remained dormant and there is no intention to reactivate the operations of these companies.

Effects of the Winding-Up

The winding-up of the above subsidiaries have no material financial and operational impact on the Group.

This announcement is dated 14 September 2009.


Not really understand it.

This post has been edited by soohoe84: Sep 15 2009, 11:37 AM

soohoe84,

It means that the management has agreed to de-register these 3 companies because they are practically unused now (dormant). Since these companies are just small subsidiaries with no businesses, their winding up will not affect SAAG.

One of my friend also making a lost in this share. I've indicated to him to read books first b4 invest but he didn't listen.

You mean a monkey drenched in black oil right?
I'm very tempted to set this monkey on fire...

Up 1 sen vs CI up 4.48 points.

I don't really understand this part... what good does it do? Use bond to buy SAAG shares...

go and observe their style.
after disposing all shares purchased thru bonds, now they purchase another 11% shares thru bonds again

HI! I'm new in shares. Wonder how the SAAG shares go now? I have some bought many months ago.

my strategy is wait till it rise. eventually it will rise but it's the factor of how long it will takes.
luckily my L&G shoot up today..

how come they don't allow?
maybe applicable for margin facility only.
use cash account la, your own cash what, sure they allow.
i think should be the work of syndicate, or some rumor i guess
already throw all of my shares in L&G, the sharp rise like this would not be sustainable based on my speculation.

Tried to use PBB Sharelink online to buy PBBANK also cannot. Have u tried?

The ijits at PBB controls what shares each customer buys - apparently if the bank has too much exposre - they will stop ppl buying striaght from their pc screen - if u want to buy it - u still can - but u have to call them .

Yes, or either u create another CASH account so there won't be any blocking.