shorttermtrader, you still holding?

got to agree with shorttermtrader. But tomorrow is T3 and T4 for some.

Don’t discount the chance for the price to go as low as 8 cents. In fact it was 6cents in less than a month ago.

look at today volume. Probably the actual transaction among retailer, as compared to yesterday "fake" volume create by the team.

shpg22, 10million shares trading is just about rm1.5m. Look at yesterday graph. Sudden shoot from 10cents to 18cents. Small volume during the price climb. They only need to buy and sell within their team to create volume. Let say team A buy 10m units at 18 cents each, from team B. What is the cost for them? only stamp and fees. When trader come in, they disposed their shares which was 7cents last week at 18cents to trader. By then, both team A and team B disposing their holding. That's how sindicate doing their work. I doubt you don't aware about this style.

goldensnow. i won't touch this counter at least for a week. But it's just my own risk assessment. I earned enough return for this counter and quit yesterday. Will come back after price stabilise for medium and long term perspective.

shpg22, volume were low for years. Very easy to push the price up, and buy and sell between each others to create fake volume to attrack retailer/gambler. When retailer/gambler come it, they let go their holdings. UEM only have about 12m shares. Yesterday volume was about 100m.

i think rumor about uem disposing their shares yesterday is real.

uem group exiting? no wonder volume is huge. so consider a day wonder?

shorttermtraider, good profit ah? mine slightly more than that. haha

what happen

impairment, disposal and less man power mean lesser expenses on depreciation and staff cost for 2019 and onwards.

impairment for those non operable buses, disposal of old buses, recognition of retirement benefit (probably to retrech excess manpower). Those available information in their recent quarterly announcement.

No. Im looking for medium to long term. They already clean up their book for the last 2 years.

Can collect again on next Wednesday.

Highest at 0095 now go down to 0085. Maybe close at 0080 later today.

What happen? Result doesn’t show any positive sign

should anticipate 2 cents correction today, at least.

volume also not there.

will TM back to RM6 again?