Dumping 20+ % dumping of shares in open market is not a done thing! That’s why the company has poor reputation and corporate governance. Investors can still make money, but with insiders working with inside info it makes it very difficult ...look at what happened few weeks back, sold when price shot up due good results and then directors dumped the shares and then announced placement! How ethical is that ...pretty sure it is illegal behaviour...!

Who knows what onion will do the fact is it is mystery and not consistent with a medium size listed company!

I like golden cross.........will see major upshift....after day traders sell their holdings to buy Turkey!

Disclosure should be made of who received the placement shares!

Pal me to complete......let the price run then one has decide when to sell before those freebie investors and insituins who got placement decide to,fund their new Mercedes! No question about profitability of the company but share dealings like many counters in Malaysia which suffer governance issues

Volume very low, Govt institutions net buyers.......let’s see tomorrow! Dividend gets paid tomorrow...so may see action after that and qtr results.

IB work with owners as they get fees! There is pattern! Pot luck if you wait and follow nothing to do,with business performance whatsoever.

Mongoose oil can go to 100....makes no different because director shareholding is controlling this counter.....that’s why is gets trapped in the range! Nothing to do with fundamentals! Please learn!!

Onion is probably laying his hands on placing to sell later!

What a carry on! Onion for President

Mongoose....lucky to take profit at 4.55! Really! Day traders....this counter is for medium term investors and not gamblers......pricing is perfect to load up and wait......Malaysia economy is linked to companies such as this... economy is expected to grow 6.6% next year!

Not a bad thing to have a correction and then move on.....next year. So decode your asset allocation for 2021-2022 and stick to it! Banks, Leisure, oil, tech, construction and stick to it not worry about day traders.....

Onion should buy entire share cap....so he can buy from one pocketed and sell to other pocket!

What a carry on!

Alvin/TSK.....which comic are you reading regarding oil price forecast for 2021? Most I read suggest price between 53-60? Nobody suggesting 44!

What a carry on!

Awaiting results on Friday....and an update on contract. Oil price prospects looking good for 2021.

Genting B is the most undervalued share in Malaysian market. Take a 3 - 5 year view...the value of the business is around RM 11.40 per share......

Any correction is an opportunity to invest for medium term.

Culprits holding a tight price range....up to usual games

Nice correction, worth topping up and hold....

I heard from someone that pots and pans are being used to source gold! Very high tech! It is not beyond the realms of possibility! For company to grow and make profit they have to do or produce something useful. What does minetec do profitably apart from directs share dealing. I see nothing. Sure it may go up based on the round of speculative buying, nothing to do with fundamentals. Just a sham

Can’t see why the shares are depressed? Yinson due to its foreign management staff does not get the exposure it serves in Malaysia. Governance side it is ok. Let’s see what business results show.

Minimum target 5.20

Myeg let’s see where it is headed....poor, governance. Those who get pp shares will dispose it as on as they. Are some pocket money......or will wait for next big announcement ....could be contracts.......

Upward trend! What a joker based on what....directors buying and selling shares! Company has to do,some useful business?

All IB recommend a buy...edge article also supports the same! Yet no IB or journalist cover the highly dubious behaviour of major shareholders/ owners which make a mockery of the true performance of business. Unlike mutual funds listed companies are closed funds and therefore the price is determined by demand supply...! There lies the problem...as it is open to foul play. I am nit a sour loser...I have actually gained ...but sad that many here don’t understand. Best stocks are not owned by single shareholders / founders ...unless they are clean and ethical!

Director again disposes at peak....price what a racket! This has to be the stock of the century run by fraudulent directors.

Before year end 5 for sure....people already are moving around there is pent up demand and price will overshoot for sure

It is nit about gloves v banks/ CIMB, it is cyclical....with gloves it was one off opportunity of the century...soon supply will exceed demand....than the will be revalued ...where as banks and other stocks will return to their normal valuation pre Covid and higher!

The most lucrative deal for the directors is not from growth but buying and selling its own shares! Very lucrative for them....as they move huge number of shares the movement need not be too high...insider dealing at its best....if one investigates the share dealing then the same conclusion would be drawn. Very sad situation.

I expect a run to 6.00 as part of positive correction....then it will take breather to see improvement in business metrics.

I see a rally up to 5-5.20 then a pause ....until real improvements are seen in operations. But then again market looks ahead.

Let’s see what the results shows us next week. Main concern is level of debt. High gearing csn be ok if it is supported by profitable projects. I am hopeful.

Crooks in the kitchen. Look at the other counters ....

Market looks ahead and not back. So improvements is 2021-2022 will be factored in now hence the rise. In between there May minor corrections...but trend will be upwards ...from the abyss of !arch 2020

What’s common between serba and minetec? Same owners causing havoc!

Amazing one guy keeps buying and the other director sells.....what this means is that onion will have even more shares in the company to dump later......this called “ what a carry on”

Ha ha onion buying no impact on shares .....he wants the stupid lamb to follow him so that he can dump the shares again! What a counter....the company a complete shell. A sham

People are moving around and once the CV threat is reduced there is lent up demand which will suprise everbody! Genting is well positioned to recovery aggressively. Even now good buy if you take a 1-2 year view.

Do the opposite what the IB say! They are crooked as hell,or simply not up to it...should be car salesman! Dayang is very underrated given the firmness in oil prices which leads to more CAPEX ...

Serba crooks in the kitchen

Patience needed lot of short term pocket money investors.

Rallied to 5.91 and sellers came in....these were the ones caught high and it is Friday! Hoping a good rally after results next week!

Good rally to take it to 4.50 by year end at least then next year May see some correction and then move upwards when better results in terms of write offs is published. Market thinks ahead remember! That is why banks ceo do set aside high provisions which then can be written back when things improve. Hope CIMB csn recover some of Singaporean loans by group action against the audit firm.

Shell company that does nothing meaningful otjer tshn pay directors fees!

He is buying to shift price and some other retail investors join in on the top and then he will dispose or get connected parties to dispose. That’s the game. One person who holds majority shareholding is very dangerous as we have seen before. I have never come across in other markets this level of buying and selling by director(S) in open market before. Wont touch this company with a barge pole ....sure it rise but for no reason other than sharenacquistion.

If you follow UK world you would see some companies shave had rights issues and all of them have risen dramatically there is rationale for raising capital. Interesting companies who have shareholders / Founders who,own more than 20% of stock can misuse their position. This when the regulators should exercise control and investigate and carry out due diligence. Sadly this does not happen too often.

It all depends what PP is used for ....if it used for expanding the company and getting new contracts than it is ok. If it is for major shareholders and connected parties to make a turn on shares, than it is bad. Serba have been guilty of poor governance and behaviour consequently any rise in price would be met by share sales by people who are trapped. Hardly a case for investing for long term growth.

This is better than Serba, at least the placing will be used to upcoming initiatives. Company itself does not need funding the balance sheet is strong and therefore purpose is to support future projects. Keep fingers crossed!