yeohhhJust couldn't think of any reasons. Why dont just open market purchase ? They are 20000000+ selling at @0.045. Illogical to me
RingThis is happening becoz the minority shareholders r not protected by Security Commission, its time, we write to d SC officer n complain. There was always talk of protecting d minority but nothing seems to happen. What is hoing on is ridiculously nonsense but it may be within d law but where is d logic....!!!???
stteckAnyone can interpret this? Any violation by this Company on off-market transaction?
(from the extract of RULES OF BURSA MALAYSIA DERIVATIVES BERHAD) - http://www.cftc.gov/idc/groups/public/@otherif/documents/ifdocs/bmdbursamalaysiaderivativesbe.pdf
As at 9 April 2012 Rule 700D-1 RULE 700D OFF-MARKET TRANSACTIONS
Rule 700D.1 Prohibition on Off-Market Transactions Except as provided in Rule 700D.2 or otherwise determined by the Exchange, a contract or transaction effected by a Participant otherwise than in the normal course of trading on the Market is prohibited.
Rule 700D.2 Exceptions The prohibition in Rule 700D.1 does not apply to the following transactions: (a) any Exchange of for Related Positions made pursuant to Rule 700B; (b) any Negotiated Large Trade made pursuant to Rule 700C.
Rule 700D.3 Deemed As Principal (1) A Participant is deemed as a principal to a transaction made pursuant to Rules 700B or 700C and neither the Exchange nor the Clearing House is obliged to recognise the interest of any third party. (2) Nothing in Rule 700D.3(1) shall affect the rights of a Client to take any action or commence any proceedings against a Participant.
yeohhhI wonder who always throw at @0.04 ... non stop throwing. Nvr pass @0.05.
3101575000maybe right hand to left hand (same person???), if you look at the volume for trading @0.035 only very small volume done. For me , I think the value for this stock should be more then @0.045????!!!!!
3101575000I still look positive for this stock, must have patience :ha,ha , one day may fly; hope for the best.
question_markya.. one day may fly.. this sentence suit for ALL the stock in bursa
go buy now and throw to me @ 0.02 or below... hehehe... :P
3101575000brother, you look for lower price to enter ; I hope for higher price let's see how the stock react ??? I intend to hold, my 1st batch entered @0.045 ; 2nd batch @0.040 if happen it goes down, I won't buy ; but I want to hold ""ONE DAY SURE UP'''
yeohhhMy 1st batch of enter also @0.045. I still +ve with this stock as I see the intense pressure from the management to improve their financial position. By cutting down administration cost and etc. Unlock 100m land value. Lets see lah. Invested nearly 6k only. worth to risk
question_marki observed this for my final year project since the price in 0.055 - 0.060.
i knew they r trying to trap ppl's money by putting little "news" which let u see hope each time. after so called "investor" / "gambler" go buy.. they will press down the price by stage...