Recently Tesla's CEO had been fined by US for wrongly making announcement to support it share price was a proof of ...simply say/claims..

I am sure that the syndicates/funds which have pushed up the price of Myeg after GE14 slumped from about RM0.80 to recent high of RM1.82 didn't aspect the corruption charges link to Myeg, Frankly the management of Myeg keep-on announcing good corporate news to strengthen the reasons for these syndicates to push it's share price. Since then, Myeg was the top volume counter almost everyday which have attracted many IDSS which sometime about 20% of it's volume.This shows that the management wanted to protect their interests..

So, please read the following news again, I didn't mean it will not go up or rebound but please be careful..

"KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) will be investigating companies and persons mentioned in Umno president Datuk Seri Dr Ahmad Zahid Hamidi’s corruption case.

Its deputy chief commissioner said (operations) Datuk Seri Azam Baki said anyone that was involved in corruption would be probed.

“We investigate whoever is involved in corruption. So far, one company (that was allegedly connected to the case) mentioned they are not involved. It’s up to them to say. The clarification will come from MACC. Only when our investigations show that the company was not involved in corruption, only then are they not guilty,” he said after witnessing the Badminton Association of Malaysia signing the MACC’s Corruption-Free Pledge at Academy Badminton Malaysia in Bukit Kiara today.

Yesterday, Zahid was slapped with 45 charges related to criminal breach of trust (CBT), graft and money laundering.

Zahid was accused of, among others, receiving RM13 million from a company called Mastoro Kenny IT Consultant & Services for the MyEG project when he was the Home Minister.

In an immediate response yesterday, MyEG denied any knowledge of the company Mastoro Kenny IT Consultant & Services, saying it had never awarded any projects or had any dealings with Mastoro.

“The company has never appointed any vendor or contractors in any of its dealings with the Ministry of Home Affairs,” it said.

The electronic solutions provider also said neither the company nor its board of directors are under investigation.

Zahid allegedly committed 10 CBT and eight corruption offences involving over RM42 million, and 27 money laundering offences involving over RM72 million.

All the charges were under the Malaysian Anti-Corruption Commission Act 2009 (MACC), the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFAPUAA) 2001, and the Penal Code."

https://www.klsescreener.com/v2/news/view/422828/stock-with-momentum-redtone-international

https://www.thoughtco.com/phases-of-the-business-cycle-1146345

Not in the limelight yet but volume & price surged with favourable news! What will happen?

This counter had been pushed up & hit down for past months which indicated that someone is happily collecting more shares for whatever reasons!!

qqq3. Even ones didn't do any research as long he is making money & is able to survive in the market for life-long!, then he is consider a great man already!

i3 forum is a very good platform for investors to write their ideas/ comments pertaining to any stocks, but investors themselves must always do their own research rationally, both on technical & fundamental analysis to support their own buying/selling decisions. Life-long learning in the stock market is the key to survive & reduce the risk of making serious mistake in investment & always remember to learn a strategy of buying & selling stocks with discipline!

Last Friday, the lowest price was RM1.04 but closed much higher. Now RM1.02 which implying that the price only dropping RM0.02 only. Indicating selling volume is much more than buying volume!!

New low at 1.02 now! Will it break 1 ?

This is a cornered counter but out of sudden volume increasing & price dropping! Margin account forced to reduce exposure?

Watch out for last minute push up..

This is the only ONE from Vincent Tan's group had moved up but could it sustain & have legs to go further?

last Friday done almost 60 millions shares are at RM1.40-RM1.47!!

It's Time to consolidate as GK had already up 40% with high volume for past 2 days. I am sure it will be played for sometime.

I think Mr.Koon shouldn't published the applicants'letters in public,even without mentioning their names! His intention may be good, but i strongly believe that his way of doing this is improper!

Please assist to comment on Rexit. Thanks

My stock pick for 2016:
1. Rexitt:30%
2. Plabs:30%
3. Jhm:20%
4. Ock-w:10%
5. Mgrc:9%

By all means avoiding this type of company even having good audited financial report years after years. The future of this company is hard to predict. Business environment changes fast in China & likely the model of this business will be obsoleted in time to come!

This counter has been consolidate for sometimes already,and the fundamental is quite strong :)

Mr.Koon's criteria of stock selection will definitely work, but selling is the most difficult task and ones must has the wisdom to decide oneself without beind spoon fed!