now still can enter at 0.285?
or should i consider LCTH at 0.285 , L&G 0.285 too?
since i am considering a few penny counter and plan to buy some of it as my current cash on hand just around 20k, not enough profit margin if i buy expensive stock.
comparing these 3 penny stocks, i feel that SAAG having the greatest possibility to shoot considering the 52-week High price of SAAG

This post has been edited by sjz: Jul 21 2009, 11:51 AM

L&G max buying price is 0.26 only, based on its graph's reading.
now 0.285 is some sorts of goreng price la..
btw, now SAAG 0.28 worth to enter?

haha...
true also, i am still thinking about which counter to enter.
as LCTH being recommended strongly by OSK and Maybank weeks before at its high 0.35, their TP is 0.4x but the price keep dropping until current 0.285 level, so perhaps its the end of it or who knows it will get alive again?
btw, saag is a good company with a great potential

i just bought SAAG at 0.28, too bad, the price dropped to 0.275 now..
but i think i will average down, if crude oil price rise this counter sure move

haha...
don't worry, it will be very soon..
i average down more at 0.275, noticed all 0.275 Q suddenly gone once i sent my order and matched, perhaps some big shacks are collaborating with me to buy all 0.275?

haha...
10 biji = 10 lots or??
because usually i use units and lots only..
i really hope the price will shoot tomorrow, since i already average down to 0.275.
good news == DJ is green now.

haha..
i think now DJ already turned to red, because the time i posted my reply it is green a bit (0.1x%), hope it will be green when market close, luckily red also a bit only.
DJA +0.01%
DJI -0.12% as of 9.46pm

10 lots only a?
profit margin too low le, but better thing is loss margin also not high

haha..
i definitely will do so.
good to see it move today, luckily i jump in the boat before it flies..
this few days maybe still can't see the effect but i believe long term i will see something

This post has been edited by sjz: Jul 23 2009, 08:42 PM

it isn't a problem for the price to reach at least 0.35 provided that the crude oil price rises..
now most of my money were in O&G sector...so hope crude oil price will rise but on the other side i don't want the petrol price for my car rises..

This post has been edited by sjz: Jul 23 2009, 09:11 PM

haha...
i think i still prefer crude oil price rises since i can cover the petrol money with the profit made from stock exchange.
but i know a lot of ppl wanting crude oil price to drop..
same thing as government la..
if BN raise power, economy will be stable and we can hanging around in the stock market.
if PR raise power, citizens might be treated in a better way and more fresh air in this counter, but economy might collapse, so what you choose?

look at the volume, i guess the price will stay at 0.285-0.290 today, at least for morning session.
btw, i managed to sell off all share i holding at 0.290 last friday, plan to buy it when the price drop to 0.280 in which i guess there's a possibility to archive, saag's price will only shoot when crude oil price rise above US$80/barrel. current is US$67++

now the price is RM0.285, any TP for this counter?
i just loaded more at 0.285, hope it will rise soon.

I doubt your ability to read & understand the announcement.
actually it's just 1 transaction involving V-Quantum (M) Sdn Bhd, pls read carefully or you can always ask lots of sifu here before you simply post misleading reply(s), i am not a sifu but i know how to read the announcement.
the other 2 name listed there Kuan Kien Chou & Ee Chee Beng probably is the director of V-Quantum (M) Sdn Bhd as they having indirect interest to those shares.

This is the details of the announcement dated 30th July 2009
1. 15/07/2009 Disposed 5,500,000 -
2. 16/07/2009 Disposed 5,098,700 -
3. 21/07/2009 Others 8,010,800 -

But in fact this is not a new news already, this company had started to dispose shares from 8th July 2009.
V-Quantum (M) Sdn Bhd
Date of Notice : 16/07/2009

Transactions:
1. 06/07/2009 Others 6,600,000 -
2. 08/07/2009 Others 4,700,000 -
3. 08/07/2009 Disposed 4,000,000 -
4. 13/07/2009 Disposed 5,000,000 -
5. 14/07/2009 Disposed 2,500,000 -

Btw, since when holding
5.21% of shares of a company can become MAJOR SHARE HOLDER as you suggested???

V-Quantum (M) Sdn Bhd
Direct : 40,779,800 shares (5.2100%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 40,779,800 shares

---

Added on August 1, 2009, 1:04 amNow i know why the price of SAAG didn't move up but moving down yesterday.
It's because of the same culprit. :mad:
If they stop disposing on Monday, i'm sure that the price will move up.
Why?
30-Jul-09 SAAG V-Quantum (M) Sdn Bhd Disposed/ Others 18,609,500 40,779,800
30-Jul-09 SAAG Kuan Kien Chou (deemed interest) Disposed/ Others 18,609,500 -
30-Jul-09 SAAG Ee Chee Beng (deemed interest) Disposed/ Others 18,609,500 -

This post has been edited by sjz: Aug 1 2009, 01:05 AM

Seems that some overseas company (from Seychelles) are interested in SAAG's share too.
They just get 12.14% of SAAG's share thru
Subscription of shares arising from Exchangeable Bonds
If more company like this bought the share, then we will be extremely glad.


9652 SAAG SAAG CONSOLIDATED (M) BHD
Notice of Interest Sub. S-hldr (29A)

Particulars of Shareholder 38

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 : 31/07/2009

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 23/07/2009 Acquired 108,391,000 -


Circumstances by reason of which change has occurred:
Subscription of shares arising from Exchangeable Bonds

Nature of Interest:
Direct

Consideration:



No of Shares Held After Changes:
Direct : 108,391,000 shares (12.1400%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 108,391,000 shares

Remarks:
N/A

so "buy and hold" concept being applied on SAAG will works?
then the price of SAAG will rise definitely, since overseas company choose their investment counter based on a strict criteria.

i hope so too...
but both O&G counter i hold OILCORP & SAAG performed quite badly today, afternoon session dropped to 0.275 but luckily before closing it recovers back to 0.280, down 0.005.
tomorrow should be a good day, DJ is green although not obvious &
Crude Oil $71.42 ▲1.97 ▲2.84%
some more overseas investors also evaluate this counter highly, that's why the bought 12+% of company's share, purely for "buy and hold" strategy, they have no interest or whatsoever will to control this company.

today CI is green but it doesn't seem to be a good day for penny stock..
SAAG dropped to 0.275 earlier but later on recover a bit to 0.280.
hope afternoon session will be better

any ppl have any idea what's happening to this counter lately?
how come share price dropped to 0.270 and even 0.265 low?
i bought mostly at 0.285-0.290 la.

---

Added on August 5, 2009, 11:38 amAny relationship with these???
Off Market Direct Deal

NAME_PRICE_VOLUME_PRICE(RM)
Mon Aug 03, 2009
9652 SAAG _ 0.30 _ 300,000 _ 90,000

Tue Aug 04, 2009
9652 SAAG _ 0.29 _ 200,000 _ 58,000

This post has been edited by sjz: Aug 5 2009, 11:38 AM

i was wondering who's behind the huge B-Q and huge S-Q.
i feel that this is a manipulated counter.
when they want the price to rise, it will rise, when they want the price to drop, it will drop no wonder how the huge the S-Q and B-Q is.

---

Added on August 6, 2009, 11:03 amhope it will be moving soon..
too bad i already dump in all my money to L&G at 0.290 so can't average down already.
still holding OILCORP @ 0.385, so maybe if OILCORP rise i bit i might consider selling all of them and transfer the money to SAAG to average down.
current ABP 0.287

This post has been edited by sjz: Aug 6 2009, 11:03 AM