Alpha Return Hedge

Author: sayalabur   |   Latest post: Fri, 20 Nov 2020, 2:43 PM


XOX - Momentum is set to breach the 52-week high

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XOX- Positive news news flow from China parties paved by a new Hong Kong investor with links to Li Ka Shing has push share price briefly above RM0.30 last week.  This momentum will take share price to new 52-week high as Daniel Tan(the Hongkie) just mopped up more shares from the market last fri bringing his stake to 8.06%. This confidence in further increasing his stake is a prelude to the actual signing of a push to provide 5G services in Malaysia.  

The confidence is XOX is also shared by Anzo' Datuk Chai Woon Chet (who also recently became a major shareholder in Overseas) who announced on Bursa he bacame a major shareholder with 5.35% stake in XOX.

Follow the smart money and you will always be right

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VenFx Careful with Anzo's k.k. Chai(same clan to Raymond Chan)
Where ever he go or touch ... smelly pond
10/08/2020 7:40 AM
VenFx Avoid Anzo at all mean
10/08/2020 7:40 AM
10/08/2020 10:18 AM

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