1 day it will return..

not ok la..
dropped dy..
too bad i didn't sell when the price is high.
even L&G the same thing happened too, when it was .34, i didn't sell, now regret also too late dy, need to wait until the next bull run

---

Added on August 28, 2009, 12:46 pmnot ok la..
dropped dy..
too bad i didn't sell when the price is high.
even L&G the same thing happened too, when it was .34, i didn't sell, now regret also too late dy, need to wait until the next bull run

This post has been edited by sjz: Aug 28 2009, 12:46 PM

we are on the same boat. around 2.8k paper lost.
my ABP is 0.287.
should have cut lose earlier but i was thinking the price will rise.
hope it will follow the track of rising crude oil price

i think 1 reason that the price will having sharp fall is because a overseas company just dispose around 10% of total share in SAAG, Malaysia gov should have control overseas involvement in malaysia's stock market like they do earlier before.
imagine how many harm had this done..
10% out of a total share ALL DISPOSED to the OPEN MARKET!!!

they are somehow related to O&G sector although their main sector involve machinary maintenance

Their Clients:


This post has been edited by sjz: Sep 9 2009, 12:01 PM

but the volume is damn high..
don't know what's those syndicate planned to do

who knows those stupid overseas fellow trying to do

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

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

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.

SAAG綜合1587萬‧認購印度公司45萬股權
SAAG Consodilated acquire 450,000 millions of share in an Indian company with RM15,870,000
2009-10-03 11:05
（吉隆坡）SAAG綜合（SAAG,9652,主板貿服組）旗下SAAG油氣有限公司（SOG）以2億1877萬7288盧比（約馬幣1586萬6732令吉）認購印度SAA RR油氣科技（SAAG RR）子公司SOGT的45萬股權，以藉後者合作潛力，拓展油氣業務。
(Kuala Lumpur) SAAG Consodilated's (SAAG,9652,Main Board Listed) subsidiary SOG acquire 450,000 shares of Indian SAAG RR's worth RM15,870,000, in order to maximize cooperation potential between them and to further expanding the O&G business.
SAAG綜合發文告指出，全球鑽油塔與維修服務短缺，已向油氣活動施壓，公司寄望直接涉足SOGT股權，以把握獲利潛力。
SAAG Consodilated states that the global fuel mining platform and maintenance services are currently in shortage and had exerted pressures on O&G activity, the company hopes to gain more benefits by the direct acquirization of SOGT's share.
股權分配後，SOG與SAAG RR在SOGT的持股權是90：10。
After the distribution of shares, SOG and SAAG RR having 90:10 shares ratio in SOGT respectively

Is this considered a good news?
Nevertheless, i already disposed all my stakes in saag.
loss around 5k+.
my heart can't bear anymore, seeing it decreasing 0.005 day by day.

This post has been edited by sjz: Oct 3 2009, 11:41 PM

i already throw everything la..
if not everyday it spoil my mood.
i been seeing it dropped little by little, half cent by half cent since i bought them at 0.29 and averaged down at 0.285.
i think zamans have the same feeling too.
if dropped in 1 shot the feeling still not that bad..
now i prefer to keep my cash and waiting for Maxis IPO..
time to get some stable stake..
must think twice before getting into this type of goreng stock again

this is true, the company keep on issuing new shares, mostly to the Seychelles culprit and some to their employees.
check their annoucement for the pass months.
even their major share holder's stake percentage in the company had dropped from 11.x% to 4.x% within the pass ONE YEAR.

bad sign coming as more shares has been issued to the F***ER seychelles company when they terminate their bond, check the announcement, just don't understand why ppl still holding stakes of this company, it it fun to see your stake percentage decreasing/being diluted every few weeks due to the issuing of new shares to the Seychelles company, each time they will issue NEW SHARE equivalent to 11.0x% of company total share, so meaning your stake percentage being diluted, just as simple as that

Still want to keep SAAG??
Read my brief analysis first then consider yourself.

These are directors of company that was diluted:
Taipan Holdings Sdn Bhd
Cessation of interest in the capital of the Company as a result of a dilution
in the shareholding interest from 5.35% to 4.73% arising from the conversion of
the exchangeable bonds.

V-Quantum (M) Sdn Bhd
Cessation of interest in the capital of the Company as a result of a dilution
in the shareholding interest from 5.21% to 4.57% arising from the conversion of
warrants and bonds issue.

31 Jul 2009 SAAG Stafford Investments Limited Acquired 108,391,000
21 Aug 2009 SAAG Stafford Investments Limited Disposed 53,604,500
25 Aug 2009 SAAG Stafford Investments Limited Disposed 10,234,500
11 Sep 2009 SAAG Stafford Investments Limited Acquired 117,758,000
1 Oct 2009 SAAG Stafford Investments Limited Disposed 66,650,700
2 Oct 2009 SAAG Stafford Investments Limited Disposed 6,000,000
8 Oct 2009 SAAG Stafford Investments Limited Acquired 52,282,300

So basically, what Stafford Investments Limited doing is acquiring share thru exchangeable bond at RM0.20/0.21 and sell those shares in open market to us!!

Another 149,378,000 shares awaiting to be acquired by the same Stafford Investments Limited thru exchangeable bond.

'correct,CORRECT,correct' old news, old news.
BEFORE YOU TALK, CHECK THEIR LATEST ANNOUNCEMENT FIRST!!!

8 Oct 2009 SAAG Stafford Investments Limited Acquired 52,282,300
This is what i included myself, Bursa's announcement is out of time because with persuade with the listing circular R&R, they have the right to report changes of shares only after a few weeks within the time limit.

Anything about the latest 149,378,000 shares???

i showed you the source but you didn't read it, as simple as the announcement below, this 149,378,000 shares will be granted listing soon (4th Tranche of Exchangeable Bond) when the bond holder plan to convert their bond to shares.

Apart from the abovesaid exchange price and exchange rate, all other principal
terms and conditions of the Exchangeable Bonds to be issued in respect of the
4th Tranche will be determined and announced at a later date.
This announcement is dated 3 September 2009.

you should know this earlier right since you say you already know everything in advance

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 10 August 2009, 2 June 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 fourth tranche of the Exchangeable
Bonds to be issued by SAAGL shall comprise of USD10.0 million nominal value
Exchangeable Bonds (4th Tranche).
SAAG / SAAGL have today fixed the exchange price for the 4th Tranche at
RM0.241. Based on such exchange price and the agreed fixed exchange rate for
the 4th 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 4th Tranche may be converted is approximately 149,378,000 SAAG Shares.
The exchange price for the 4th Tranche of RM0.241 represents a premium of 0.42%
over the last transacted market price of SAAG Shares on 2 September 2009 of
RM0.24, being the market day immediately preceding the date of this
price-fixing announcement.
Apart from the abovesaid exchange price and exchange rate, all other principal
terms and conditions of the Exchangeable Bonds to be issued in respect of the
4th Tranche will be determined and announced at a later date.
This announcement is dated 3 September 2009.

ok ok you win.
i agreed to to what alenac said, so we will see by then, wil saag becomes the next oilcorp, don't say red flag isn't rised before.
now saag having equal cash and debt ratio, so consider middle health only.
after they use their cash to pay their debt, there's nothing left, at all

ok, you win, although this is not a debate as you claim but you sounded like it was 1.
my info inaccurrate?
ok fine then, your info is the most accurate info in the world, your prediction is the best in the world, all analyst like OSK in Malaysia can't compete with you at all, your info and prediction is 101% if not 1001% accurate .
no time to argue with type of ppl like you
the type that keep on finding trouble & quarrel with others, eg. your reply against sampool post, want to bet again
WHAT A JOKE! Grow up pls.

This post has been edited by sjz: Oct 20 2009, 01:01 AM