Monday morning ... updating on Ecoworld as it is reaching a new high ...
Remembering Liew was 'kicked out' of SPSetia by PNB and then went thru a back-door listing to form Ecoworld? Yeah? As he brought in with him the entire management team to Ecoworld ... SPSetia is no longer the loved property stock... and is owned by GLC (you know la ...those GLCs are not well managed ...mostly)
As the craze of retailers jumped in Ecoworld, it surged a few folds in those early periods. Crazy retailers with GREED, and the operators happily pushing it up.
Crashed to the penny ... and now, after years, it is back to RM2 level?
note: adjusted prices here.
As trader, I will take those breakouts without asking those WHY WHY ... I m not media... I m a trader.
Do your own checking if u r buying.
Good Luck.
TEH