Come'on . Enough fighting.

I'm calling for SELL, MTS calling for BUY. Make your own decision to buy or sell.

Who cares if I have SAAG or not, not for some1 to speculate. Why should I show my holding, as none of you are showing yours. Its P&C. If you are a broker/remisier with Hong Leong, check my account. Else shut up and drive (Copy Rihanna's song lyrics)

For those holding SAAG - good luck to you.







SELL SL 0.18c

BUY CALL

TARGET 0.32

Me call for - hibernating zzzzz zzzzz zzzzz from the sidelines...

For Saag, there is no visibility in increase earnings, further more shares are being issued. Prospective earning per share around 1 sen. Revenue also down. So fundamental analysis is out. Goreng the volume upwards is the only solution. But if the shares are being passed from Big holders to small kucing kurap fellars without holding powers, then further price downside will accelerate. These are signs of a counter moving towards doom. Give me a good reason to buy SAAG! Most of the major shareholders already parachute only left Stafford Investments Limited 5%.

9652 SAAG SAAG CONSOLIDATED (M) BHD
Changes in Sub. S-hldr's Int. (29B)

Particulars of Shareholder 36

Name : Stafford Investments Limited
NRIC/Passport No./Company No. : 034104
Nationality/Country of Incorporation : Incorporated in Seychelles

Address:
1st Floor, # 5 Dekk House
De Zippora Street, P.O. Box 456
Providence Industrial Estate
Mahe, Republic of Seychelles

Descriptions (Class and Nominal Value):
Ordinary shares of RM0.10 each


Name and Address of Registered Holder:
Citigroup Nominees (Asing) Sdn Bhd
Pledged securities account for Stafford Investments Limited
Level 44, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur


Details of Changes

Date of Notice : 30/09/2009

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 08/09/2009 Disposed 3,000,000 -
2. 09/09/2009 Disposed 3,200,000 -
3. 10/09/2009 Disposed 10,821,100 -
4. 11/09/2009 Disposed 6,147,000 -
5. 15/09/2009 Disposed 3,500,000 -
6. 17/09/2009 Disposed 10,276,600 -
7. 18/09/2009 Disposed 17,638,800 -
8. 23/09/2009 Disposed 12,067,200 -


Circumstances by reason of which change has occurred:
Open market sell

Nature of Interest:
Direct

Consideration:



No of Shares Held After Changes:
Direct : 51,107,300 shares (5.0000%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 51,107,300 shares




Changes In Shareholder
Date Stock Name Type Qty Total %
2 Oct 2009 SAAG Stafford Investments Limited Disposed 6,000,000 - -
1 Oct 2009 SAAG Stafford Investments Limited Disposed 66,650,700 51,107,300 5.0000
16 Sep 2009 SAAG Anand Subramanian Disposed - - -
16 Sep 2009 SAAG Loganathan a/l K Ramanujam Disposed - -
16 Sep 2009 SAAG Manimaygela d/o Govindasamy Disposed - - -
16 Sep 2009 SAAG Taipan Holdings Sdn Bhd Disposed - - -
16 Sep 2009 SAAG Loganathan a/l K Ramanujam Others - 68,404,310 6.6900
16 Sep 2009 SAAG Anand Subramanian Others - 57,873,310 5.6600
11 Sep 2009 SAAG Stafford Investments Limited Acquired 117,758,000 117,758,000 11.5200
25 Aug 2009 SAAG Stafford Investments Limited Disposed 10,234,500 - -
21 Aug 2009 SAAG Stafford Investments Limited Disposed 53,604,500 54,786,500 6.0600
17 Aug 2009 SAAG V-Quantum (M) Sdn Bhd Disposed - - -
17 Aug 2009 SAAG Ee Chee Beng Disposed - - -
17 Aug 2009 SAAG Kuan Kien Chou Disposed - - -
31 Jul 2009 SAAG Stafford Investments Limited Acquired 108,391,000 108,391,000 12.1400

This post has been edited by alenac: Oct 13 2009, 10:04 PM

>> Most of the major shareholders already parachute only left Stafford Investments Limited 5% ???

are you saying that all major shareholders now have 0% shareholdings except for Stafford Investments Limited?





Why don't you say there will be a big earthquake tomorrow here in Malaysia but only SAAG's building will collapse, all shareholders die.

Maybe people will get so scared and dump SAAG's shares first thing tomorrow morning.

This post has been edited by MakanTidurSaham: Oct 13 2009, 10:30 PM

They listen to me.

SELL SAAG!

They are either blind or they are just your cronies...

Dude, give it a rest. No one gives a crap about who's right or wrong. The most important thing is to make money. Heck, you can even make money by being wrong (or lose money by buying this counter like me... ).

Yeah, who cares...


BUY SAAG

Target RM 0.32

This post has been edited by MakanTidurSaham: Oct 13 2009, 10:43 PM


Attached thumbnail(s)

The latest Q2 accounts hinted there are signs of tight cashflow problems in SAAG.

Profit from operations = 5.8 mil
Finance costs = 9.4 mil

Wait for Q3 financial results for confirmation, SAAG is another Oilcorp wanabee or not

Any idea on when they are planning to release their Q3 results?

Guys, I hold zero portfolio in SAAG. The disclosure on directors shareholdings will give u an idea of what is coming to SAAG current shareholders. Figure out for urself, why is the senior officers & captain slowly jumped ship or rather the directors disposing of their shares. If they have confidence in the stocks why should they sell or reduced their holdings substantially and at such a low price? Basically the odds are pointing to a poor financial performance or future liquidity problem. I suppose Zaman and I have similar opinions. We are not cronies, we just read into KLSE disclosures objectively.

agreed! i'm with zaman.... am i right, zaman?

there is no right or wrong in buying or selling saag. one thing sure is saag is not oilcorp, dun confuse, but is a goreng stock for sure. Good luck! tis similar case like LCL.

YOU

mis-reading the info,
mis-presenting the info,
mis-understood the info,
mis-concluded the info.... alamak

The records you've presented to us actually shows their shareholdings are being diluted due to issuing new shares...

Read the details of the announcements properly then tell us the correct story...

This post has been edited by MakanTidurSaham: Oct 13 2009, 11:30 PM

SELL SAAG SL 0.18c



Shoot 'em up.

Guys,

There are always one party calling for buy, and another party calling for sell. There is no right or wrong as each has its own perception. I believe MakanTidurSaham has his own reason too calling for buy, but being TOO pushy is not healthy.

We are all free to express our own views in this forum, but it is up to everybody to make their own decision. I just want to stress that we should all concentrate on the more important side of the discussion, and not use this thread as a "playground".

You can either listen to MakanTidurSaham and buy SAAG, or listen to zamans98 and sell SAAG, and you bear your own risks. Alternatively, you could just sit on the sideline and do absolutely nothing.

This post has been edited by Jordy: Oct 13 2009, 11:36 PM

The earlier extracts on shareholdings in SAAG are copied from rhbinvest website. If u think its wrong give us the correct shareholdings and the movements of each and every directors and major shareholders todate. If I am wrong I will admit to it.

Good call.

No research house dare to issue BUY Call on SAAG, only KENCANA, DIALOG, WAH SEONG. Kencana flying !!

At 3.00 PM I made a post on IRCB
Why don't you all follow me at 3.00 pm buy IRCB and sell it before 5.00 pm
You could have make your SAAG dream in just 2 hours.
or
Maybe follow me again to buy Rubberex on the open tomorrow and sell it if it had move 5 to 10%

This post has been edited by rosdi1: Oct 14 2009, 12:07 AM