this morning again some1 put 100,000 to buy at 3 at 850am. and then withdraw the order with 10 seconds to opening.

already many times this happen. bursa need to act on this spoofing.

Any more upside?

Yes, big thanks.

let do a recap on movement within pecca company. CFO foo ken nee kicked out on 21 may. CFO tang tat chun kicked out on 13 July. executive director chew kian seng kicked out on 20 Aug.

pecca announce rm100 million milking exercise for sole benefit of majority shareholder family on 2 Aug.

share price start plunge after milking exercise announce. director sam maybe cannot stand see price drop everyday, came in support with 1156900 share buy. share price still continue drop.

market can maybe see a link from the 3 people kicked out and milking exercise. it could be the 3 people no agree with milking exercise and got kick out?

market lost confidence in pecca, only insiders support share price. can support for how long?

insiders always feel their company share price is worth more than curent share price. that is normal. at rm3, they think their counter should be rm6.

when insiders try milk company all for their own benefit, that is super abnormal to any investor or institution. it a BIG red flag. wallstreetrookie half right. insider buying to support, no foreign institution at all.

congrat to traders who made money, must thank director sam. better hope she support more.

good morning

ini one more cerita on so-called very good biz ahead

farmasi outlet owner said early this year there was rumour spread around say Pecca will get big vaccine supply contract to Moh.

then market saw other plc jumping in vaccine bandwagon. this follow by KJ announcing he will get enough Pfizer supply for the country thru current channel.

so this rumour is unscrupulous, turn out to be fake news.....on purpose to push up share price? this sell down makes a lot of sense.

sioksiok and newbie know where the bad smell come from. more and more people will know too.

unscrupulous is this rm100 million milking exercise on the expense of minority shareholder

intrinsic value is majority shareholder family get rm50 million cash and 11.9mil shares.

fair value of rm2 waiting. or lower

also Bursa must check sneaky traders messing with pre trading and pre closing time. put up big buy order and withdraw. shut them down.

to say car biz is bad......https://www.theedgemarkets.com/article/auto-sales-shrank-1921-units-june-maa-trims-tiv-forecast

Auto sales shrank to only 1,921 units in June — a 96% drop from 47,204 units in May

to say country economy is bad and will get worse...https://www.theedgemarkets.com/article/malaysias-jobless-rate-rises-first-time-four-months-48-june

car sales drop, people no job. mask sale follow drop.

dont miss the sinking boat? already sunk to 3.59 and high chance to sink further looking for next support and next lower support. down trend has started. Md and wife announce to deal in shares, try to slow down the selling trend

the rm25mil rentashealth contract just add salt to minority shareholder wound. try to justify rm100 million milking exercise. bogus play. anyone can guess this contract already signed before rentas acquisition announcement.

remember, us cdc already phasing out pcr test. high risk of false positive test result. and there are many other bigger test kit players in market.

quoting StreetAnalyst.....To me, just for a very bad joke: I just feel very regret to myself because if I were born rich, then I can get the capital from my parents to start a business. Then sell the business back to my parents so I can be a millionaire. My parents will happy because part of money paid for the acquisition is generated from external source and at the same time my parents can also cash out from their listed company. However this is all just my daydream… (^^)

this very good way to tarnish 26yo lady's name. also slam down company's reputation

https://www.thestar.com.my/business/business-news/2021/08/06/from-printing-specialist-to-face-mask-producer

Through its subsidiary Komark Mask (M) Sdn Bhd, the group boasts 28 production lines currently, with four more due. Set to be the country’s largest manufacturer, the sprawling 150,000-sq-ft headquarters factory in Balakong, Selangor, can fit up to 50 mask forming machines with a potential capacity of 50 million disposable face masks a month.

us cdc phase out pcr test kit....face mask ppe production become a commodity like rubber glove. still want to milk the company for rm100 million, maybe more later. congrats on the 100% gain. better take money move on another counter where minority shareholders no get such lousy ride.

fly to the ground? good one. selling on news. us cdc withdraw emergency authorization for pcr rest kit https://www.cdc.gov/csels/dls/locs/2021/07-21-2021-lab-alert-Changes_CDC_RT-PCR_SARS-CoV-2_Testing_1.html

21 may cfo resign. 13 july new cfo also resign. Less than 2 month. Is it something amiss?

Mco has turned into emco for klang valley....hope every1 stay save and healthy.

The train analogi very nice. Just hope it is the correct train. Not like kl lrt crash in may.