Really

it is crazy.

That's almost 100% gain liao.. after bonus issue

Looking to buy again?

This post has been edited by gark: Apr 2 2014, 10:58 AM

This is the one you lost 4k?

Left so much money on the table........


Gain was more than that....

Nope.
The stock won.
Not going back in again.

Dont get cheated by Boon.. got 4:1 bonus issue in between.

This post has been edited by gark: Apr 2 2014, 11:03 AM

Yeah 4:1 BI.. so gain is >300%...

So any new targets?

Yes now very risky to go back in... the fundamentals are just crazy.. depends when the music stops only...

I am also thinking Inari's music might be stopping soon... so must really see next Q results..



This post has been edited by gark: Apr 2 2014, 11:03 AM

You got good memory but no, its not this stock that I lost 3k.

You like to audit me.

No new targets leh.....
I am waiting for you to give me suggestions and ideas.....

gark

Did you read this posting on MEGB?

http://cgmalaysia.blogspot.com/2014/03/mas...o-buy-into.html

From education to Dim Sum!

Yeah Siva Kumar gonna make millions and millions and millions.

gark

72 million bought at 40 sen in 2013
41.2 million bought at 1.10 in 2011
8.8 million shares were before IPO.......

now Siva wants to sell all at 1.10.

Chincai count...
Those IPO shares and those 41.2 million shares no count.
Count those 72 million shares bought at 40 sen in 2013.

If sell at 1.10, those 70 million shares will see a profit of 70 sen per share.

72 million shares X 70 sen profit = ......................... !!!!!!!!



Easier than robbing a bank hor....

Wait...
Bank also don't carry that much money for one to rob !!!

Lose also lose 3....

I think there is a corporate raiding is being done here to extract max money from MEGB. lets identify what cat and mouse game these people are playing...

1. Siva Kumar sold option at 1.10 (But not necessary Gary MUST pick up one), so this 1.10 might not be legit as no transaction yet.
2. Gary and friends are put into board, Crescent point board members are removed, even before Gary buys the company?
3. Big selldown from ex-directors and crescent point... after they are removed.
4. However very little selling is done at 50 sen to 60 sen most of the selldown at 40+ sen.. panic selling at gamble went wrong? They did not expect the price to fall?
5. Then announce dim sum restaurant purchase when price falters... purchasing HK listed company at 33x PE, and not much explanation given, at less than 5% stake for RM 20 mil, seller is likely to be associated with Gary. Stock rise again...
6. Smells like Bluemont and Asiagold saga... or a possible reverse takeover of Gary's unlisted companies

The operators are trying very very hard to goreng the shares, but ikan bilis is not cooperative.

This post has been edited by gark: Apr 2 2014, 12:04 PM

Shit!

You are here!
Should have fast hand fast leg deleted that posting.


Hello...
You got tip ah?

Hahah....
I read tip from others.... MALTON.

Boon sure got his special opinion one

I am waiting....

GP is going to mati soon.. more bad news..



Nearly 90 mill in total, 1/3 of the sale to TM goes to Intel...

This post has been edited by gark: Apr 2 2014, 12:14 PM

1. Must assume la that Siva Kumar's deal will get done at 1.10.
Must count how much money he will make.

You audit like this meh?
Those ex-directors and Crescent point have very reason to sell mah.
This company is DEAD.
How were they going to dispose so much shares without raising questioning esp when MEGB was falling and falling, heading towards 20 sen and below?
With this stunt, suddenly, they could sell at above 40 sen.
Classical disposal of shares story...
almost the same as told in Livermore's book 100 years ago.

2. From the blog posting, the Gayety holding deal.
118 million shares for RM20 million (or 47.2 million HKD)

This is Gayety chart...



This post has been edited by Boon3: Apr 2 2014, 12:24 PM

Gave my opinion to AhLamb a few days ago in this thread.

Punters like to assume that whenever a company dispose am asset, they will profit.

There goes half of the day...