TSA Group Bhd, which is slated for a listing on the ACE-Market of Bursa Malaysia on Feb 2, has seen its initial public offering (IPO) oversubscribed by 8.62 times.
https://www.thestar.com.my/business/business-news/2024/01/19/tsa-groups-ipo-shares-oversubscribed

below 70 cents now. Collect collect 😁

Wow, look at SMRT's one year chart, it's an uptrend. On the way to RM1?

Better not to fall through 75 cents ...

More recovery in 2024 for property sector?

SSB8 had signed a deal with MCC Overseas (M) Sdn Bhd and Guangdong Bright Dream Robotics Co Ltd with the intention to form a partnership to implement and develop robotic construction technologies in Malaysia. This would help to improve its profit margin in the future should it materialise

Agreed on your technical analysis, Michael Kwok

Certainly will go up when impressive QR is out

Quite a lot of orderbook SSB8 has held. If SSB8 generates around RM60 million of revenue for one quarter, this kind of orderbook can keep the company occupied for 3 years

Fitch downgrades US credit rating only, no biggy

Left hand changed right hand...That's why the share price doesn't change much

Standing strong at above 90 cents, now awaiting it to hit RM1 and above again

Great! Then It definitely will soar when QR is announced

wait it break through 80 cents then ..

China is stimulating the property market. Looks like the day SSB8 forms an agreement with GBDR on the development of robotic construction is getting nearer

https://asia.nikkei.com/Business/Markets/Property/Chinese-real-estate-stocks-rally-on-stimulus-hopes

No longer call Holland. It's call Netherlands now officially

Ya. Not much trading volume today... but it will break 20 cents next month before it releases its Q4 result

See, even ESOS price is higher than current price 😁

Accumulation sign. Better collect before it hits or might even penetrates 52 weeks high ; )

It's going to break 90 cents again. Those TPs that lower than 80 cents can keep dreaming. ha

The director's buying back the company's shares consecutively. Seems like SSB8 will form agreements with those China companies

When people said glove is dying, then it's time to grab 😁

This company will continue to show profits again for next quarter, that's why directors were doing shares buyback😁

Yup. Big glove players will survive and will turns profit for the next quarter optimistically speaking

Good moment to accumulate is when there's a correction. Enjoy good return when it rebounds ; )

Factories with low utilization rate will temporarily halt operation in order to save cost

It is moving up instead btw

below 0.20 is really a cheap price to enter. Accumulate again if hit that price again. hehe

@Lee Ying Yee. How to check boss was selling?

Market's quite good today. Mostly go up with KLCI

Good prospect + improved quarterly result = great combo

Rebound starts again, will hit 1.20 before this Friday?

that robotic related agreement will definitely bring good prospects for SSB8

Also can aim for capital appreciation. It will break through 30 cents in long run

Big funds control the market...either they short or buy

ICYMI, SSB8 plans partnership to develop robotic construction technologies in Malaysia

https://theedgemalaysia.com/node/669702

Eyeing for its QR this week

Huge trading volume but selling transactions are offsetting buying transactions. So no much power / momentum to break 52 week high ..

Looks like the momentum has slowed down and it's undergoing consolidation mode

They still need to cover back 100 million of short position as at 1 June

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20230601.pdf?t=1685691351

Got chance to break 52 weeks high if this momentum persists

SSB8 moved stronger than Radium today, hehe

Won't fall below Rm1 unless upcoming QR present a bomb...

Breaking 22 cents this Wednesday I guess

Guess it will break RM1.20 if its QR is good...

Seems like need to wait next week for it to break 22 cents

Topglov's turn to present QR next month. Another rally?

by seeing its price action, I think tomorrow SSB8 will move back up to 22 cents again

Wonder how much dividend payout for this year since they got a lot of cash in hand🤑 hehe

Price adjustment due to ESOS ...