Eagle77
RJ87 u never appeared here when the price surged from 0.145 to 1.20 where have you been??? Hiding and peeping from pigs pen! If u r so good u already a billionaire sitting at home and watching movies with your dogs 🐶
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Market got ups and downs. There are counters that u buy, u sleep very well. Like banks post covid. Buy liao just collect dividend. Up liao no care, down also no care. 20 years later, kids education fully paid. SCIB isn’t one of it. SCIB is more like you are on blackjack table screaming picture picture picture, except we all know that’s it’s gonna be a diamond 2. Hahhhahaha

You may continue to scream “picture, picture” until reach tanjung rambutan.

Realrich
Contra and margin people no money to take ticket if force sale 0.15. The balance outstanding still need to pay the bank?
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ahahaha…this is why when there is LD, price very difficult to find support. Dunno how much share was supported with margin and contra. Those bought above 60sen yesterday tmr have to cut loss again.

You honestly think people with real hard cash gamble it away like this?

joyvest
Gkent never made profit of 20 m quarterly,needless to say 80 m a year.
________

Here’s how people mislead people. I said after GKent waterfall. Gkent waterfall date was 14May 2018. Can you share everyone here what was the PAT for Gkent announced in 12 June 2018, 26 Sept 2018, 19 Dec 2018, and 23 Mac 2019. You sure these 4 quarters didn’t up to RM80m? So, please shoved whatever you say up ur @ss.
You are the one either wilfully blind or deliberately misleading people to come support the price.

12 Day later, if I buy 20sen and it might drops to 10 sen. I might be a loser, joyvest definitely a bigger loser.
But if I buy 20sen and later becomes RM1. joyvest might be a winner, I’m definitely be a bigger winner.

If you want to be winner, must be very very very shrewd with your entry. No good discount, or no great VERIFIED news also don’t enter. Cheap can always get cheaper.

Each round of LD will trigger new sets of margin call. Until, no more margin call.
200m shares traded, I don’t how many of them are on margin and contra. If support don’t emerge, all that they going to do is keep cutting loss.

So joyvest, since you are stucked so deep and no point to cutloss now, if SCIB are as good as u think, best time to average down is 12 more days.

Just incase you still refuse to see, Gkent still report 20M profit quarterly after the waterfall and 80M for that year but it didn’t save gkent. SCIB PAT here is already a joke.

Remisier : Hello Auntie A, i’m remisier from Bank M. Auntie got buy quite alot of SCIB because of some b*llsh*t dato buy here, tan sri invest there news. Now, the counter limit down yesterday. Today your FMR at 80%. To regularize ur account, you need to top up 300K or you else you have to sell 1 million shares. What you want to do Auntie?
Auntie A : I don’t have 300K boh. Sell lo sell lo. What to do.

This is another scenario;
Remisier : Uncle A, I’m Ah Chong from Bank M. The SCIB you buy at 1.10 2 days ago for 100000 shares using contra. Today T+2 dy. Need to settle yeah. If pick up, you need to bank in 110K into your account. If you want cut loss, you need to top RM 67.K.
Uncle A : Aiyo…I don’t have 110K boh. Woah, lose like shit still need top up 67.5K for nothing.
Remisier A : i’m sorry uncle. Just doing my job.

You see, i believe paktua buys his shares cash. He is still here after many years fighting in red sea. I’m very impressed with his resilience. For others that puns like their life depends on it, they are those that not looking forward to have conversation like auntie A and uncle A. But they will.

Let me tell you this, see all the counters that limit down in the past. It’s not very different from one another. Same pattern, different victim.

Just in case you guys don’t know what happen at 9.30am to 10am after remisier finished going through their clients portfolio. Let me tell you types of call that’s going with client that’s holding SCIB on contra/margin.

You can be in denial as much as u like.

joyvest
Well,you are experienced trader,you know very well it won't take long.why? Their share base will tell....
______________________________

Tell that to those still holding Gkent. RM3.5 free fall to RM1 in a week. Wait 5 years later to become 50sen.

MikeyChan
Short selling is suspended. Tomorrow rebound?
https://www.nst.com.my/business/corporate/2024/01/1002329/short-selling-scib-suspended-second-day-row-share-price-down-35pc

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Suspended short selling on both 1st and 2nd day didn’t stop the waterfall.
You should see how gkent freefall in May, 2018. Suspending short selling won’t save you.

It takes 2 weeks before regularisation. Next time, sell at any price at first LD. Cos there will be 2nd and 3rd LD.

Eagle77
SCIB secured 365 millions for 3 projects almost similar to Edaran which share prices 1.30 -1.50…so now the shares only 0.53 cents very far from the exact value!! Supposedly now already 1.50 💰💥

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Completely different project, how desperate are you?

This kinda limit down, let it hit straight 3 days LD, then consider enter. Buy on 7th trading day is whole lot better than buying now. Now not margin call yet. Tmr will trigger margin call. At least people like joyvest would hv regularised their account and no need sell anymore.

Retailers active at 9-10.30am. Real manipulator will appear 3.30pm - 4.30pm.
By 10.30am got no more support, those enter in morning will selling by evening.

My lesson learn so far is to never buy or sell in morning. They are either panic buy or panic sell.

Singor is here. Time to cancel all my sell queue and hold until 40sen

Same strategy. tp 1/3 at 26sen for 200K shares. 2nd 1/3 200K at 30sen and 3rd 200K shares let it runnn…

Felix can hop over to perdana also. No need wait next QR for 20M profit. Last Q already 20M. Waiting rocket to move there also.

Operator haven’t wake up to put roadblock

Good chances that next 2 weeks show time

Whoever that want to pump perdana put roadblock to collect first?

U still on SD? Seriously? Those opposition MP who support Anwar will still hv their seats with opposition en bloc.

The only way left is buy over 51% party members to vote current president out and pay even more to put a puppet president before having whole en bloc to opposition. Or cheaper way, turn them into missing person.

Someone sapu 7 million shares, waiting retailers to jump onboard.

Can hv a look at perdana, someone sapu 7 million shares one go.

Strong uptrend, hopefully will sustain until QR before breaking 30sen

Bought 2.32 and sold 2.42…while holding my original position…

Has been the same pattern every time. Might as same take advantage and make some money.

Just a matter of who and when he pulls the plug.

Welcome to deCasino Bursa

it's Kenanga vs TA.
Everytime Kenanga talk shit, TA rebut. I think Q4 is gonna be gonna be good.

Just don't know how good.

Max is coming from how bplant 70sen to rm1.55, UMW from rm3 to RM5 or cycle and carriage from RM1 to RM3

Just wait next QR…no choice hv to buy liao…

report 50M profit, gonna gap up to 30sen.

Those buy liao want up…those try to collect cheap ticket want down…
Lazy to see sometimes…

EPF buys another 3 million share right after quarter report…
Anyone happens to know why?

Wonder when EPF gonna do window dressing

Result out…90M profit…
Singor what u think?

Singor, prudential only got 5%

Push price up to 2.35, the. Declare 6 Sen dividend we get 2.45 next week

I think fund manager invest in tranches and different team. Those that they are selling probably from earlier tranches. They sell now, they can report they made 10-20% for their next performance appraisal and year end bonus.

Sit tight for year end window dressing.

Singor is probably right, when comes the quarter with reduced depreciation and amortization, that will be interesting PnL statement to read. Buy some and look back during Q4, 2024

BobAxelrod33,

Care to share what’s the total debt for velesto? Yinson, Armada and bla bla bla all got high debts. Most OnG/Construction/Property/IndustrialProd(metal) all got high debt. They operate on debts. As long as, operating profit above finance cost, all is good. But of cos, not all investor has a stomach for floating oil price with fixed finance charges and payment term.

I think you say what you say because you can only understand PnL statement.
But if you can answer question below correctly especially question 3, you might have different opinion.
1) What’s velesto’s cash generated from operation and finance expense?
2) What’s velesto’s total debt, short-term debt vs trade receivables and current asset.
3) Where does depreciation and amortization parked in PnL statement and what happens to asset depreciated to 0 and sold later?

BOD and EPF sapu so hard, fat divident coming?

Monday gap back up to 2.5…if EPF buy 2.5, they will buy more 2.4

Which chart?
MACD uptrend 2 days ago….good time to enter

End of december isn’t exactly around the corner

Really need insight from whoever that’s pulling this shit….
Where are the opportunity if fella is buying and selling back himself…macam la boleh collect point or smtg.

Price Buy Volume Sell Volume Volume Value
0.040 70.74M 0 70.74M 2.83M
0.035 267.34M 256.05M 523.39M 18.32M
0.030 0 1.69M 1.69M 50.75K

20M transacted. I wonders wat’s there go gain by doing this.

Mazda’s TIV rose to 1,753 units (25.8% MoM, 72% YoY), implying another strong achievement in Oct 2023. Sales volume growth will continue to be supported by updated model offerings and healthy booking rates for the CX5 and CX30 models.

Morning already 59.5 sen. I tot can break 63 by afternoon.

Then monday can peak at 68sen

Machine gun start back

The problem is they are net buyers here. Not net seller u know?
This is what I find strange.

Machine gun stopped…manipulator go hv lunch…

Price Buy Volume Sell Volume Volume Value
0.040 69.15M 0 69.15M 2.77M
0.035 209.25M 162.61M 371.86M 13.02M
0.030 0 1.60M 1.60M 48.00K

Net buy volume is higher. I don’t see how this manipulator makes money

400million shares at 4sen also cost 16million. What are they trying to do?