Anyway you see Jared Lim's track record. Before this you can believe that maybe he's really an innocent victim in asiasons. But now, if I was holding country home shares, I'd be looking to dispose.

Alternative is PP holders are related to the board and they all pakat to make money and trap retailers.

Facts should be they approached private investors for money so that they can go into all these new ventures. Investors obviously not impressed by what they saw from the management and refused to agree to lock in period. Board desperate so they procede with PP. At the same time, as soon as the PP price has been decided using three days vwap of the share price, someone, don't know who la but use your logic to figure it out, goreng the price to attract retailers. After goreng a few days and the price more than doubled, they announce PP the very next day at low price. As soon as shares masuk account, they dispose. Some more the management won't tell the public who received this PP and probably public will never know because they will dump everything before they have to declare they are significant shareholders.

If it does eventually come out that the PP holders did become significant shareholders and didn't sell, I will have a lot more confidence in the company, but I doubt that is the case based on today's volume.

Need to sell a sweet story to attract the retailers, otherwise who is going to buy the PP shares?

Company announce they have all these promising new ventures. Don't know if they can really execute or not.

Don't forget not only PP investor needs to exit, goreng crew should also be unloading shares. Would expect selloff for a few more days then see how long they want to wait before start another round of goreng and then quickly announce PP.

Won't tell you to cut loss or enter, only can say I wouldn't enter above 10sen.

Honestly, I'd be willing to believe the company has a future of the PP investors weren't dumping as soon as they can.

Yalo still need another 14 or 15 rounds, how? Maybe more if they cannot goreng to 20 Sen again.

Now maybe they're throwing to true believes like Jackkin and his gang, aiya Jackkin, why don't you ask Jared Lim to give you all PP at 10% discount since you will hold until it fly to 60sen?

I believe they will eventually support around 12sen so that they can continue PP at 10-11 sen then goreng another round. If you want to play gamble, then go in at around 10-12 sen lor.

xuxu otherwise how? They announced they are going to raise RM150 million through issuing new shares. At 10-11 sen per share, they need to issue 1.5 BILLION shares for PP or DOUBLE the existing share base. Even if they they issue 100 million each time they will need 15 rounds, each round they can tipu less and less people to help them goreng the price so PP investors are happy.

I believe a responsible board will prefer long term investors who buy into the company's future for the private placement. If the best they can do is people looking for a quick flip, then maybe their future isn't as rosy as what they imply in the public announcements.

PP got insider info, collectors should be asking why they are throwing.

167 million shares traded, I doubt the private placement finished dumping.

Don if you sold at 18sen now can buy back in at 14sen, why need to kns?

I early early say this is goreng counter mar.

Read the old announcement, they are going to try to raise 150 million through private placement. If really issue at 10sen each round that'll double the number of issued shares. If you want to play this game, wait for it to drop back to 10-12 Sen then buy back in and wait for them to goreng. Pure gambling, don't need to listen to the boards sweet promises, obviously the private placement investors don't believe and are dumping as soon as they get their placement.

If really drop back to 10 sen, go in a little bit lor. Let's see how tomorrow plays out.

It's true that their story sounds very sui and they are moving in a promising direction but you must also be wary of how the management is behaving. PP at 11 sen look cantik when it was trading at 10-12 sen. That means the investors liked what was promised by the company. Then macam goreng up to 23 sen with crazy volume makes me think these investors were promised a quick profit at the expense of the minority shareholders. Let's see the volume traded over the next few days.

If it goes back to 10c I will park money here again.

Pang if you're really averaging down, you have balls of steel.

Best to get out now. If you think this company has potential, look to get back in after private placement. Thiere was a smalls goreng for private placement, not pump to the sky and dump like the other counters. Been saying from the start, this counter is pure goreng.

Some more throw every last share. Still want to create fairy tale scenario from that?

Read announcement la director throw shares on open market. Got no angel coming in to take over.

Board of directors sold all their shares and resigned. People still buying because they only announced 2 days later. Some will still buy because they are hoping for dead cat bounce. I say again, board of directors sold all their shares and resigned and waited 2 days to tell the public. What does this tell you about the company?

I sympathise if you are still invested in this company but don't try to drag others down with you by telling sweet stories about how the company is great or you heard from your grandmother's mahjong kaki that got big news coming. Big news out liao: bod cashed out and sudah lari leaving investors holding the bag.

As final middle finger to investors (or speculators) they waited until Friday to declare to give anyone still in a sleepless weekend.

Chairman of the board and another director resign while dumping all their shares on the open market, still cannot see the writing on the wall?

Order book doesn't mean it's all fulfilled in a year.

Of course it matters, when it comes to goreng counter, FA TA candlestick all don't matter. Only thing that matters is still got people goreng or not?

Nothing to learn, this is goreng counter. Just need to get out before people behind the goreng get out.

Houdini, no one lost money here yet. Can try coming back in a month or two.

Bensontee: Latest goreng counter, keep that in mind when making decision to enter.

Aggressive wor this goreng crew.

Volume lagi funny, 3 times more than Yongtai

Wah goreng back on! Continue riding lo.

Haha that buy queue really main main one.

last 2 days between 11-13sen also a lot of collection

aiya so fast show finish ar?

Why stop at RM 2? Tesla worth RM 2500 mar. Want to dream, dream big la.

Avantador: read la the comments, this is pure goreng movement. Maybe after they earned big money from vivocom goreng, the syndicates decided this is their next project. Got sweet story behind it: company transitioning from dying industry into promising one. Then see the managing directors track record: founding partner of asiasons.

I'm still holding but to those asking, price doubled in less than a week, of course this is goreng counter la.

Just holding to see how high they want to goreng.

All these Warren buffet buy on rumour sell on news and be greedy when others are fearful mantras only really apply to blue chip stocks, not pure speculative or goreng counters like this one.

Anyway my point is with goreng stock, as long as you make money, there is no wrong time to sell. It's gambling on the whims of the syndicates who are doing the gorenging.

I bought a small amount of this counter at 9.5-10 Sen and am going to hold for a while but I acknowledge that it was a long shot hence the small amount. The price has almost doubled since despite having proven nothing in terms of actual earnings. I'm still holding but I also understand that moving forward this will be a pure goreng stock. Everyone else who is looking at this stock and is keen to enter should bear that in mind as well.

If you're waiting for syndicate to goreng for you so you can make money, you better have friends in there or you're better off buying lottery tickets. For me I bought a little bit because of tie up with ecrl which is forcasted to bring in revenue of 400m over 5 years. I'm willing to wait for it to show results. My entry price was fairly low anyway.

Dari mana loss making for 7 consecutive quarters is good quarter?

Will probably see more movement once contribution from ecrl JV shows results.

Company had no cash that's why need to do rights issue. No cash how to do share buyback?