The sell stampede is on and its very hard to reverse the trend...

Will continue dropping...no rebound

At the end of the day, it's your money. Nobody can tell you what to do with your money. You decide whether to buy or not, using your own judgement. If you win, that's good, if you lose, then you can't blame anybody but yourself. So stop blaming Radzi for your loss. He didn't put a gun to your head and ask you to buy. Eat humble pie and learn your lesson in future trades.

This is trading fundamental...when small retailers start buying, you better sell, when they sell, you buy...

Post removed.Why?

What fundamentals? Its big boys swallowing small fishes like us in the market! Stop kidding yourself!

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I agree

1st quarter is the peak period for the airline, if its profit is only $10m for this quarter, you can forget about the other quarters. Sell, don't wait. It will go back to 40 cts soon.

Those who prefer to comment in Mandarin, please create a separate group chat. This is basically an English comment site. Thank you.

will do down 48 by the end of the day.

Suddenly we have so many people on Mandarin!!!

As long as there is political interference in MAS, it will never come up. Why do you think the previous white CEO left? Mana Ada System (MAS) still relevant until today.

Push up in the morning and then down in the afternoon session..T4 today.

Jeht, dont panic. Its only 50 mins trading so far, wait for the rest of the day and see how.

I agree with user. No need technical charts, its all stock manipulation by syndicates. If you follow fundamentals, might as well put your money in the bank.

I agree with Victor, better unload as oil price is dropping.

Nobody points a gun at your head and tells you to buy AAX. If you don't like the stock, then go somewhere else..you don't get it, do you?

If it is risky, why don't you just leave? Are you leading a very boring life?

Louisjay, you are acting like an uneducated person. This forum is to allow civilised people to discuss and obtain views and opinions from others on the stock and general market. If you can't stand the heat, I would strongly advise you not to try your rubbish here and get out of this forum.

Assurance this and that. If you know whats going to happen, why are you here? Nobody knows what's going to happen lah, only the big boys know. We are just small fishes ready to be eaten by the big sharks. Better go and buy empat ekor or play the casinos if you know whats going to happen!!!

A small company also can make this type of profit....just fiddle around with the depreciation expenses, if not actually making losses

3.7m is a piece of cake..habis lah

I m referring to comment from mancingbursa

It depends on whether you are a long time investor or casino gambler like you

Big boys will come later in the day

Camel, uncle says cannot find job if study Mandarin, so didn't study mandarin lah. Only English and Bahasa Malaysia

Who knows Mandarin?

The big boys are back, settlement today and tomorrow new T3 for them...so buy now

Will go up today

Is this an English or Mandarin forum???

Tomorrow will go up by 6cts

You are betting against the trend...

Better cut loss, the syndicate has made enough and now throwing

Syndicate has made enough, now throwing

I think you got a good point there

I can understand the other two reason, but how would LCW winning Gold has any effect on the price?

It is quite obvious that the syndicate manipulated the price. There is no basis for the price to go up. The company has bank loans up to its neck and a Singaporean company similar to what the company is doing nearly went bankrupt recently. The low oil price has caused untold damage to its operations. Don't bother to subscribe for rights issue cos this company is a cesspool.

Based on it Unaudited Balance Sheet as at 31 March 2016, the net asset per share is 14cts, so there is no other way but for the share price to go up once the final accounts for 30 June 2016 is released. From what is shown in these financial reports, it is expected that the profit will double from the previous year. Worth buying at this stage. The syndicate has every reason to target this stock.

Agreed. Be patient and keep the stock

The best strategy for penny stocks is to hit and run and don't re-enter. If it goes up, so be it, you'd made your money. Many times, small timers like us tend to be greedy, made some money but re-enter the same counter, to be smashed real hard, not only we lose the earlier profit but our capital. The syndicate is very smart, the people have had years of experience and understand the small punter way of playing, that's how they make their money.

The syndicate wont drop the price immediately, they play the market in a downward trend slowly...giving the impression that the price may go up. Look at the volume, slowly reducing.

Game over

Better run, syndicate has fried enough

FYI . This company does not have bank loans and fund its operations from internal sources which is rare in companies. Just take a look at PDZ and Thheavy, the bank loans are up to their necks and yet the prices have shot up. I wonder how long can this saga lasts. Companies with no or minimal gearing and trading profitably will always survive. The stock is good for investment, not for pure speculation. Macquarie bank is amongst the largest merchant banks in Australia and would have done the research on this company; its operations, management, profitability, long term prospects, etc before investing in it. Like richkid says, buy and lock the shares up. Its early days and the price is comparatively cheap.

The company's fundamentals are good and track record is impressive; that's why Macquarie Bank is investing

I agree. There is a difference between a speculator and investor. Speculators always lose money because they join the herd mentality, entering the market when it is already high and the big boys start selling.

Study the net assets per share in the audited accounts as at 31st March 2016.

Zulmuiz, check the annual reports and you will find the evidence....

Unaudited cumulative net profit for the period to 31-3-2016 is $2.2m compared to the corresponding period of $1m, an increase of 113%.