Not if they bought it cheap before 😂 maybe those that keep selling out one is they bought around this price before ? 🤷🏼‍♂️
Or they cannot wait for year end fly again , weaker holding power .
In my opinion if u bought it at 3.5 or above, instead of sell and making a loss, just hold until next dividend time, sure go up again . You can regret once but don’t regret twice.

Whatever it is, time will tell.
Anyway it’s a rather safe counter, since there is still balance cash money from land sale , and upcoming projects, so the dividend etc year end gonna look good, similar to the one announced in March . So get at good low price(instead of last minute only go in), hold , wait for it to fly again.

Absorb ! So good the price now

@Bullstocks888

Yea agree with u, I guess many saw the potential and good price to buy now, so much buyer now at the current price and so little seller , I guess this is really weeding out shareholder with less holding power, and there are many who saw the potential and continuously absorbing at current price

lol almost half an hour passed by and no deals made yet on this stock, I guess this stock really went into sleep mode already . Which is a good time to buy at discounted price 3.4-3.7 l(IMO) and keep, since there is still huge chunk of cash from land sale and upcoming project near RTS . Surely in a few month when the reports are out, it’s gonna fly sky high again

@Invest_888

Yea, but market also not as fantastic like the other day. I hope it won’t drop past 3.5 , just now I watched the trend, yesterday there is a player with substantial amount of stock dumped them near 3.7 price point, today similarity at around 3.6x price point. Below what the market is calling for at that point for fast sale.

Anyway This counter is known to goes to sleep and wake up fierce 😂
Can only speculate … speculate … anyway the fundamentals should support it next time it goes out of hiatus , not too much worry here

@Bullstocks888

Yep agree with u, somemore there should be leftover land nearby where they can lock more deals in, then they can centralize facilities and infrastructures, then the spillovers from the developments will raise the surrounding land value as well.
In an article somewhere, I believe I read that Crescendo have some say to those basic infra as well.

@Invest_888



Totally agreed. As u said, PohKong is a good choice for gold, and Gooi family have excellent record in sharing profits unlike some other company

gold price is quite lucrative for now and in near future, quite resistant to any calamity actually, diversify Some in property, gold, oil, energy, consumable, tech, and medical would be good.

@Goldberg

Yep, diverse portfolio is very importent to minimize risk. Buy YTL and gain some profit while waiting next catalyst from crescendo which might take time, as I tink their housing project need time for revenue report to come in as well. As for those dividends they usually do it end of the year also. Ample time to plan.

@Goldberg

Yep I agree with u, very good company , I don’t tink it will drop below 3.5 for now, and will trade within 3.5-3.8 for now. Might have steady decline in trading value while waiting for next catalyst, just like how it is now, maybe some are selling Crescendo to buy YTL? 😂

@ Invest_888

I agree with you on most part especially about the market enter correction/adjustment period after the sharp hike , where it dropped but not as much. If based on the previous 3.93 hike, it didn’t dip the very same day too, it dipped after 10/11am the next day, similar pattern.

I discussed this with my investment manager, he ask me to me really careful about it, he say it does looks like the works of big player jacking up and dumping stocks but it didn’t drop as much as the fundamentals supported it(I followed be tracker whole day and the dealings look exactly like the pattern during 3.93 previously)
and also the market is quite strong in general unlike the times during 3.93 which gave me a painful lesson. Or it could be some big player or one of the director making some small coffee water money? Or they wanted to stimulate the market after the -18 cent, while earning some pocket change, then let it drop back abit but not as much? Can only speculate 🤷🏼‍♂️ no idea, just being careful, learned hard lesson that this counter is not all sunshine and UP UP UP despite all the discounts and good news, very susceptible to manipulation.

I do tink the price might hold around this price for now, as the share is really good and have >rm4 potential, and very likely with some catalyst in future it will break 4.2. However while waiting for catalyst (nobody knows when it’s gonna be, maybe some short term investor will move to a different counter for now ,
All I’m saying is just know our goals and trade carefully, don’t let all the hypes get to us easily and make hotheaded rash decision. just my humble opinion.

I wanted to say “I told u so” but it’s not really the case this time
It’s a dip as the big player leave the game after get dividend and dump their stocks. however since market looking not too bad now, the dip wasn’t as severe the previous round of 3.93. Which dipped more than 30 cent.
Well not sure about Monday tho.

I tink the everyone here knows the company is trading at a huge stock price discount, that is for sure. However it’s an undeniable truth that majority of stocks is in the hands of few. Making it having the potential of being extremely volatile. Just look at the trading volume each day, yesterday when it rise to 3.9 it’s trading more than 1 million, today is only 1/3 of the volume .
The counter may not be as active if without catalyst and stimuli even if it’s a discount counter.

Again I’m not saying it’s a bad counter, it’s a really good one, just try to be careful not to be carried away when there is extreme fast paced price hike as behind it could be someone purposely jacking up the price , sell then get the cash and target next other counter. I tink we all know there is such player/investment bodies around.

Just relax okay 👌🏻

Yea, nobody knows how war gonna turn up, those country have long history of feud and Unresolved sentiments. Although the effect to our local BME is not as much, but undeniably we have seen its effect.
I just saw the news about the nuclear as well, it’s doubtful and uncertain but can never be too careful.
Watch your back guys, history repeats , 3.9 fhen following day it dips , I hope I’m wrong though 🤨

Stock having obvious price gain today even it’s after ex-date, this looks like scenario from previously when it went 3.93 and took and huge dip after that. Some big players might be at work. Watch out bro , hitch the ride and get out, very bullish the stock now even if the PE ratio is good and is on discount mode.

Most property are in the red, and the war has been going on roller coaster so far, nobody knows how it’s gonna turn out exactly.

Just my 50 cent, I might be wrong tho, but never hurt to be too careful with hard earned money. Cheers 🍻