told many times, is MIDF the culprit, not Opat is selling

mikeann, the oversold is due to MIDF keep on throwing client's shares, this kind of broker mana boleh pakai. only ikmal opat so naif trust this MIDF. MIDF is the culprit behind this sell-off issue.

PETALING JAYA: The Securities Commission Malaysia (SC) and Bursa Malaysia have sought to allay growing concern among investors over the widening sell-off that has hit the local stock market over the past week.

In a joint statement today, the SC and Bursa Malaysia said they are closely monitoring recent market conditions in light of heightened volatility in certain stocks.

“The SC and Bursa Malaysia assure investors that the Malaysian stock market fundamentals remain strong and there should not be any cause for concern,” the statement said.

They claimed the recent significant decline in share prices is limited to “a few small-cap stocks” and not widespread.

“The affected stocks constituted around 0.17% of the total market capitalisation and 8.3% of total traded value for the year.”

The SC and Bursa Malaysia also said they are conducting proactive surveillance of corporate transactions and disclosures, as well as real-time monitoring of all trading activities to ensure an efficient, fair and orderly market.

“Where irregularities are detected, the SC and Bursa Malaysia will not hesitate to take the necessary regulatory actions to preserve the integrity of the market,” they added.

The regulators also reminded investors to also take note of companies’ replies to the unusual market activity (UMA) queries issued by Bursa Malaysia.

No end to sell-off

The “bloodbath” among the affected stocks does not seem to be abating. Five counters hit limit-down again in early trading today, extending the heavy losses they have suffered this week.

The stocks were Rapid Synergy Bhd, YNH Property Bhd, Jentayu Sustainables Bhd, Sarawak Consolidated Industrial Bhd (SCIB), and Silver Ridge Holdings Bhd.

A new name joined the “Limit Down Club” later in the morning when technology services provider Heitech Padu Bhd’s share price plunged 28.97% to hit its limit down at 76 sen.

The sell-off on Bursa has prompted investment banks to demand cash upfront from their retail clients for the purchase of stocks that have plummeted recently.

In a note to its dealer representatives yesterday, Affin Hwang Investment Bank said the cash-upfront requirement shall be imposed on all purchases on its list of designated stocks and warrants.

The list included stocks such as Mercury Securities Group Bhd, Jentayu Sustainables Bhd, Widad Group Bhd, and Artroniq Bhd, which hit their limit down this week.

It also included Globetronics Technology Bhd, Leform Bhd, Mestron Holdings Bhd, APB Resources Bhd, Pertama Digital Bhd, Dataprep Holdings Bhd, Silver Ridge Holdings Bhd, and Tanco Holdings Bhd.

AmInvestment Bank also implemented yesterday a similar cash-upfront requirement for affected stocks.

Its list included Rapid Synergy, YNH Property, SCIB, APB Resources, Widad Group, Artroniq, Mestron, and Tanco, a bank source confirmed.

Rapid Synergy and YNH Property are stocks linked to businessman and investor Yu Kuan Chon. Rapid Synergy has lost as much as 86.1% of its value since the start of the year while YNH has crashed 71.3%.

no need to worry, soon will go up

We should report police this MIDF throw client's tickets

Michael R., Michael R. and Edmond0401, the culprit behind is MIDF, this investment bank simply throw clients' shares

wait few more days, until no more disposal news, will rebound back

if not mistaken , wednesday or thursday will have one disposal announcement, no worry

is MDIF throw Opat'S TICKET due to margin call, not OPAT the one selling. his margin get lower and have to sell some stocks

u keep seeing opat selling, but the price raise from 8.5c to 10c

opat's loss is our gain !

someone behind took Opat's shares !!! more than 400 mil shares

calvin please go to your palm oil counter and stop talking nonsense here.
dont worry, WIDAD has huge order book, and government support bumi company

we can aim 30c in near future !

kapitan opat is being forced sell, not his will to sell, as price drop, the share margin becomes lower, so he kena forced sell

force selling is buying opportunity , just buy only no matter 9 cent or 9.5c

widad already oversold, mainly is traders from IB cut loss, even if QR loss 9 mil should not be so low price. last QR loss 7 mil but the price was 50c. expected soon will rebound high

rubbish company, 10 to 1 become like LAMBO ?

ALREADY BREAK 12C wor, can enter?

Many parties eyeing stake in company
Sources say PMH is currently in talks with several parties, including a private property developer, to sell a block of shares in the company.

“One of the plans is to take up a block in PMH as the property developer is looking to expand its business into hospitality,” a source says.

This was confirmed by PMH’s spokesperson.

“There have been parties that approached us when they learnt that we sold PM Securities,” the spokesperson tells The Edge when contacted.

PMHLDG 去年11月卖掉子公司，90 million， 预计这个月的季报会报出巨赚。

Artroniq 公司营运正常，没受影响。
股价暴跌跟营运 （business operation) 无关，纯粹某某股东自己中margin call。hoot 9 e

*ARTRONIQ

According to a reliable source, the sell-off was primarily due to a margin call by a businessman "Dato XXX," aiming to cover losses on his other collateralized share holdings

Artroniq 公司营运正常，没受影响。
股价暴跌跟营运 （business operation) 无关，纯粹某某股东自己中margin call。hoot 9 e

*ARTRONIQ

According to a reliable source, the sell-off was primarily due to a margin call by a businessman "Dato XXX," aiming to cover losses on his other collateralized share holdings

tp 10c in medium term

jadem soon 30c above

rebound soon

1 15 Jul 2022 MEGA SUN CITY HOLDINGS BERHAD Changes in Director's Interest (Section 219 of CA 2016) - DATO' SRI LIANG CHEE FONG
2 15 Jul 2022 MEGA SUN CITY HOLDINGS BERHAD Changes in Director's Interest (Section 219 of CA 2016) - DATO' YOW MOOI SIN
3 15 Jul 2022 MEGA SUN CITY HOLDINGS BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' YOW MOOI SIN
4 15 Jul 2022 MEGA SUN CITY HOLDINGS BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' SRI LIANG CHEE FONG

how is the result

those creditor so stuxxx to take 4c meh? they take 4c they must earn, one of the creditor is Chan Kok San, who is the current top 30 shareholders of the company. they all took 4c want to earn one, will push up

price keep dropping

KENANGA PLEASE FIRE THOSE NOOB KENANGA TRADERS CUT LOSS TECHNAX 4C

Singapore case got nothing to do with Jared, technax was being short sold by traders based on speculation. the stock price shall go back to normal price 7cent to 9 cent soon.

serbadk any good news?

serbadk is the best company ever in Malaysia history

rigth isue ex date

1) The Right commence of trading : 19 Jan 2022
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 20 Jan 2022
3) The last day and time for Acceptance, Renunciation and Payment : 4 Feb 2022
4) The Rights cessation quotation : 26 Jan 2022

The Stock Short Name, Number and ISIN Code EASTLND-OR, 2097OR and MYL2097OR006

should be good soon !!!

happy new year 2022 guys

time to buy now, 8.5c is good entry

wait January huat !

slow slow up, everyday 1 bid better, don't rush o

should be good prospect

wait CNY , MAG sure huat

prawn price up

up up up, who care supermax or ironman ?

someone please bring superman7181 to night club, since he is boring

22 Dec 2021
18,000,000
Acquired Direct Interest
Name of registered holder RHB Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Ng Min Lin
Description of "Others" Type of Transaction
4 22 Dec 2021
272,000
Acquired Direct Interest
Name of registered holder RHB Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Ng Min Lin

happy weekend !

wait next week, happy weekend !

u want buy or wat, u so bearish and u said u want to buy?

omg , i am scareD!!!

yaaya, con counter, it con me to earn money