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?

Any idea who is buying like machine gun?
Sapuing everything from ask

Weak holder gone…next stop Rm2.8?

I tracked the trade. I think the fella short sell around 300-500K shares to create panic. He probably closed his short position. Total trade is 3million, don't know how many shares he collected on discount.

See, short position makes 1-2%, collect extra 0.5-1m shares on discount. By the time back RM2.5. 4-5% profit for 1 day work also not too bad. Range bounded stocks like bauto offers such opportunity.

Every now and then, there is a syndicate doing this kinda selldown.
17 July once, 12 Sept once, and now. Too many chartist want quick money.

Since it's easier to manipulate the chart considering it's easier to just say "downtrend!" or "Support Broken!" than doing value studies that this is a good company with good governance. Last quarter proved without SST, sales is still going strong.

Last time also got such selldown, RM2.25 to RM2 bounce straight back to RM2.5
But after each long gap down usually followed by stronger uptrend. This time drop to RM2.4 and bounce RM2.8 next stop? Classic shake weak holder move.

Yep…holding until RM3.3

While tabling the Budget 2024 in the parliament today, 13 October, Anwar, who is also the Finance Minister, said the new tax will be imposed on certain high-value items, such as jewellery and watches.

JohnZhang, without the “intention” of LTAT to take over KLK, it is suppose to be bloodbath…so, that “intention” is to prevent a bloodbath and nothing more.

Now, that bloodbath is avoided, without a confirm date, all it does is slide back to 65sen.

The intention LTAT to take over KLK for general offer save bplant from bloodbath…until it’s confirmed, will slide 5sen a day until 64sen

A better plan should not announce LTAT taking over the MGO today and let the blood bath for 3 days, and then only announce. Best roller coaster ride ever, 3 days limit down and 3 days limit up.

“ “Following this termination, LTAT wishes to also announce that it aims to proceed with the general offer of BPlant at an offer price of RM1.55 per share, subject to regulatory approvals,” LTAT said in a statement on Wednesday.”

What a roller coaster. Those that plan to jump from 14 floor pls wait…still got hope…

Albukhary, ur plan is flawed. Who is gonna fund the 150m replanting? KLK has no incentive. Bplant has no money.
Ur plan is to let everything rot like how bumi usually run their business?

I think UncleFollower scenario 1 and scenario 2 don't solve anyone's problem. KLK wants control, LTAT and Boustead needs cash.

LTAT + Boustead only got only 60+%. Sell 10+% to keep 50% + 1 share hardly enough to solve anything about their liquidity problem.

Everytime bumi company get into liquidity problem, government conveniently bail out with tax payers money. Maybe anwar should dig into zakat instead. Use bumi money to solve bumi problem. Fair and square. Else, don't kick a fuss if a non-bumi trying to help out bumi company by buying at premium when own bumi company like Sime Darby and TradeWind either not touching with 10 ft pole and low-balling own bumi company.

Now that these racist PN mp makes it a racial issue. Then, make it racial issue. Use money bumi to fix your own bumi problem. I will expect nothing less from non bumi mp in parliment.

need uncle koon punya firepower...support support!

Ini affin kah?
Like this hv to sell affin liao…

Later surprise surprise…MGO RM2 with LTAT still holding 10%. Then, tmr limit up!

It’s a very racist government decision. It’s unbelievable that government has such direct interference in capital market. Voting for PH hoping things change. It guess that same skin color afterall.

And ironically this national duty befallen onto certain race that’s called pendatang EVERY time.
Ever wonder what malaysian should call these people that put the government and country in such slippery slope in the first place?

Some kind malaysian was being nice to buy Bplant on premium to help not very smart Malaysian. Despite buying at premium hurting their margin, they confident they still can make money. Make less money, help some not very smart “malaysian”, malaysia get to fight another day.

But action of these “Malaysian” are so disgusting that’s is almost treacherous to the country. Pharmaniaga, LCS, Boustead, TH scandal and etc. Deliberately needs bail out again, and Again and AGAIN.

Bodoh ke apa ni?

What a sh*t show? U wait until bplant bleeds until it’s worth nothing before selling is it?
Bleed 150M year. Wait another 10 year can get foc like sapura, serba and other “bumi” company run by you know who.

Hear Bumi company only terus get low valuation.

Bumi company cannot sell cheap to non bumi company. But can sell cheaper to another bumi company.

Take the money and move on la.

10 million share traded. If these donkey don’t sell, will be Rm3 already.

Need to promote to operators at Ewein to sell Ewein and buy KPProp. Better upside.