RAPID SYNERGY BHD
KLSE (MYR): RAPID (7765)
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Last Price
0.80
Today's Change
-0.06 (6.98%)
Day's Change
0.79 - 0.86
Trading Volume
3,299,000
Entitlement
Upcoming
Happening
| Ann. Date | Ex Date | Type | Subject | Amount |
|---|
Discussions
4 people like this. Showing 50 of 774 comments
No good news lah . Only operators at play. Next Qtr results would remain poor !
4 weeks ago
To RAPID shareholders, this may be the good news they are waiting for. If it turns out that YNH really isn't defaulting, then, this temporary scare has turned out to be just that - TEMPORARY.
YNH defaulting is a very scary thing. To prevent defaults, monies must be found and deposited, and when nobody knows where the source of funds are coming from, the knee-jerk reaction is sell first, ask questions later.
I don't have a large position in RAPID, but for those who owns large positions, you should study the entire position carefully to make sure this is just a temporary problem that will resolve itself. If so, your averaging down will be fantastic. If not, your averaging down will cause you a heartache.
Fwiw, my total portfolio continue to make new all time high again today, notwitstanding that I own a small amount of RAPID, as I blogged before. The KLCI index is strong, closing at 1582.66. Many accounts should be making new all time highs this year, I hope your accounts are too.
4 weeks ago
Google "YNH technical default" and you'll come across articles 3 weeks ago that proclaimed YNH is in technical default. So, this news is real. A lot of fear when a company goes into technical default.
4 weeks ago
3 months ago, there was huge scare in RAPID, YNH and IMASPRO dubbed "YNH and The Gang".
Google this title "How Value Investors Could Have Avoided YNH And Gang Stock Price Plunge"
By Editor -January 28, 2024
This and many prior articles creates the scene for the huge fear. This fear has been festering for nearly 4 months now. If there was an operator manipulating, coming to 4 months, the longer this last, the more likely they will have accumulated their position. I am not an expert in this, just applying basic common sense. Operators need to make monies, they can't forever keep prices depressed.
This is not a Buy or Sell call. Just observing and noting.
4 weeks ago
The manipulative buying need to be balanced with the forced selling by margin calls so when the price is going north everything is calm but when it is falling many are jittery
3 weeks ago
This stock is on a downward trend since falling from RM 29.50. Good support at 67 sen. There's a possibility that this support will be broken when a bad result for March 2024 is released
3 weeks ago
I don't think anyone can make money trading on this stock except those who sold earlier at above RM 2 and now buying back cheap cheap
2 weeks ago
Nah you gamble on this counter better than gamble on gloves stocks now they are crying to the bank lor 🤣🤣
1 week ago
Ya not bad actually. Still making money although on 1.72 sen per share. Selling at 71 sen ok also. Gloves stocks making losses also above RM 1 😄
1 week ago
Hope no play2 with the figures bcoz once beaten twice shy if twice beaten never try lah 🤣
1 week ago
Here's my fun writeup on RAPID.
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-05-21-story-h-161490928-RAPID_What_s_the_high_probability_play_here_now
6 days ago
Traders heaven 🚦 changes many times. Operators hand also very fast buy and removed simultaneously 🤣
4 days ago
No bad news but earlier on those operators ardy collected cheap 2 tickets now take profits lah 🤣
15 hours ago
All YU stocks down. Sharks collect at low before next push. More downside to go. Rapid rise rapid down... more to go
13 hours ago
Yes, majority odds below 70 sen. 4+ months of goreng is not long enough for operators to collect - still too many strong hands.
11 hours ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ncy810116
https://www.edgeprop.my/content/1909137/ynh-says-it-has-remedied-technical-default-involving-sukuk-programme
4 weeks ago