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 SAAG

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SUSKinitos
post Aug 6 2009, 10:58 PM

On my way
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If tomo price close above 0.28 BUY
SUSKinitos
post Oct 1 2009, 10:11 PM

On my way
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572 posts

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QUOTE(zamans98 @ Oct 1 2009, 08:41 PM)
user posted image

Relax -Mine is more than yours. 1/3 of my losses are from SAAG!!
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WOW holding 100,000 SAAG shares!

SUSKinitos
post Oct 1 2009, 10:14 PM

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QUOTE(wildthings73 @ Oct 1 2009, 09:04 PM)
For those who are holding SAAG. Please for GOD sake. Sell all. It's not worth the penny. Trust me.
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Can we know the reasons please.....
SUSKinitos
post Oct 2 2009, 08:36 PM

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These US$10 millions 5 years Exchangeable Bond carries an guaranteed annual interest of 12.5%

But the Bondholder choose to convert the Bond into SAAG shares within a month or so.

Now ask youself having the 108 millions shares in hand is better than holding the Bond? Why?
SUSKinitos
post Oct 6 2009, 05:21 PM

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No need to argue, ppl who listen always live longer.
Let profit runs, cut loss short. Unlimited profit but always maintain limited small losses.
2 winning trades out of 5, still have better chance than holding on to losing trades
SUSKinitos
post Oct 7 2009, 07:58 PM

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QUOTE(MakanTidurSaham @ Oct 7 2009, 04:22 PM)
Looks like the big seller of SAAG is the owner itself...

Wednesday,  7 Oct 2009 
 
11:43AM  SAAG-Quotation for 52,282,300 new ordinary shares of RM0.10 each pursuant to 
The next coming announcement would be

Stafford Investments Limited (52,282,3000 Shares Acquired)

Then,

Stafford Investments Limited will keep on selling 10 sen shares at 0.20+

Stafford Investments Limited is just a proxy of SAAG owners for shorting their own stock.
We the unfortunate ones are suckers to buy and holding SAAG all this while...
This is the conspiracy of the rich!
---------------------------------------------------------------------------------------------------------------------------

Try look at the trade details  of this stock. Pay attention to the short sell section, it's stated  "Not Allowed"

Meaning they found a loopholes to allow them to short their own stock.
Can we file a complain to bursa saham Malaysia?
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If SAAG issued 52 millions shares to Stafford Investments Limited, why Stafford cannot sell the shares? I hope they continue throwing 10 millions shares a day for next 5 five days.


SUSKinitos
post Oct 7 2009, 08:15 PM

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QUOTE(sjz @ Oct 7 2009, 06:51 PM)
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.
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SAAG is selling to their employees thru ESOS at 14 cents a share, sell lah waiting for what?
Everyday employees buy ESOS shares and sells.

SUSKinitos
post Oct 9 2009, 10:01 PM

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In the coming AGM i will vote for more shares to be given to Directors & Employees then they will goreng the shares to $1 rclxm9.gif
SUSKinitos
post Oct 13 2009, 10:47 PM

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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

SUSKinitos
post Oct 31 2009, 08:28 AM

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for those who want to average down, they need some capital injection so that the final average holding cost = 0.235 or lower. Next price hike unlikely to hit higher than 0.25, the market always gives a second chance for poeple to exit, but most of them want to hold for higher price.
SUSKinitos
post Jan 6 2010, 10:05 PM

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YAA better convert satu guni wang into char siew
SUSKinitos
post Jan 14 2010, 01:38 PM

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QUOTE(alenac @ Jan 13 2010, 08:44 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! icon_question.gif  icon_question.gif  icon_question.gif  icon_question.gif
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The big shark are making sweeping statement to scare off small time investors.

The syndicate is accumulating, stop confusing investors or will make police report.

SUSKinitos
post Jan 15 2010, 10:05 AM

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QUOTE(alenac @ Jan 14 2010, 11:38 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. rclxub.gif 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
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YALAH can't help, why not you short SAAG now?


SUSKinitos
post Jan 15 2010, 05:05 PM

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QUOTE(verbatim @ Jan 15 2010, 10:20 AM)
Will there be more private placements after this?? or anything like that, which will trigger a selling wave like today?? anybody...
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if all of you knows, how can the retail investors survive...
SUSKinitos
post Mar 24 2010, 09:30 PM

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It's a must buy stock, fund manager favorites especially warren buffett
SUSKinitos
post Apr 22 2010, 01:18 PM

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what is the point of being right about which direction SAAG price is going, if you can't make money if you are correct. How about offering a $20K per contract put or call option (depending you are bearish or bullish) for us to takeup. People will keep quite when they pay expensive tuition fees.
SUSKinitos
post Sep 25 2010, 09:13 AM

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The difference of 2 cents likely to be capitalised from other reserves
SUSKinitos
post Nov 17 2010, 01:39 PM

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QUOTE(MakanTidurSaham @ Nov 17 2010, 12:31 PM)
Thank you for your support skiddtrader.

My comments on SAAG significantly affecting their games on manipulating the stock price of SAAG. That's why you see them spending so much time debating me on SAAG.

These people are quietly buying back up all SAAG's share now with multiple CDS account with different brokers in various investment firms.
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Are you having menopause lately or something?

 

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