They managed to trick all the retailers and the weak holders.

Look at how it rebounds.

Almost all retailers already threw to them cheap. I feel soo sad.

This time around they managed to kill all the retailers with weak hearts.

Obvoiusly this is NOT the end. They are working out of court settlement. Thats why they posponed the court case. I'll inform you guys when I get more news later on. This is nothing but panic selling.

Thanks guys.....I will still share whatever I know for the benefit of all my friends here.

I always stick to my motto......buy when there is blood in the street.

My average is still good.

Pls don't follow me.....but I'm still collecting below 40c

I feel sorry for all but I'm staying put. I'm not selling when the condition is like this.

I'm still here. A very unfortunate event beyond our power has just happened at the 11th hour. The facts are all there except that now the case has been delayed with a new judge. We were right until the news came out. We didn't fool anyone to purchase Presbhd by creating fake news. What we have posted are the truth based on facts about Presbhd. I don't know whether this was done deliberately to put pressure on Presbhd and its share price or otherwise.

Keep a cool head guys.......don't panic

Affin Hwang bought at this price earlier....48.5c

Possible break 50c afterwards

Now green already

Dow Jones Futures rebounded.....☝️

Dow Jones Futures Today.
Dow Jones futures edged higher vs. fair value, erasing initial modest losses. S&P 500 futures rose 0.1% and Nasdaq futures were just below fair value. Today, fair value is +0.26% for DJIA futures, meaning that "flat" Dow Jones futures would indicate a 0.26% gain for the blue chip index at Monday's open.

He wants us to sell cheap.

@HuatHuat....
Pls don't scare our friends here....you said you already cut....fine....just stay on the sideline and watch. You don't have to get over excited. There's no point for you to create panic here. We are staying put until the end.

@HuatHuat....
Bro....don't get too emotional. Only 6c down from 54c. If limit down....only 24c left now. Now...still double that at 48c. Lets see whether it can go back up above 50c tomorrow or go to 40c as you claimed.

@cicakman....
Yes bro.....I agree with you.
I saw it too....I'm not sure if others could see it as well.

Keep a cool head guys. Those who sold early will surely regret. There is absolutely no valid reason for the share price to go down except share manipulation. Those who chickened out will bang their heads to the wall in frustation later on. Thats all I can say.

I agree with zerocool....

@cicakman....
Robo,don't disclose anything any more much.
If you let them see your card,they will create fear,uncertainty and confuces so that you closed your card.
28/06/2020 1:21 PM

@Handsome.....
Bro...I'm sorry I can't say much already. All I can say to you is....don't sell your shares cheap!

Presbhd had already spent RM245 mil on the project.
Lets say....the court decides to award only another RM255 mil....
Total they will get : RM500 mil....
That will translate to....
500/531 = 94c per share.
So I agree with cicakman ..... Limit Up

@cicakman....
ok....will do bro

I'd like to humbly request all my friends here....pls don't sell your shares cheap to them. Let them know that we ikan bilis are not easily intimidated.
Whatever it is...we KNOW the end result will be good for Presbhd.

I'm with you all the way cicakman.....I shall not reveal mine as well. I'm very sure what I know is what you also know.
The only thing I can say is....I'll stick with my plan until the end.

p.s HuatHuat......I think you are wrong!

I think cicakman is good at this and will be able to predict their next move.
I have one....but I will not reveal it at the moment.

Presbhd is already a cornered stock......ie most of the shares have already been scooped up by the operators from the open market. You can trace back from the previous transactions made. The operators now dictate the share movements. They can make you surrender your shares cheap to them.....and they can also make the stock flies to the moon. They have already visualized what is going to happen in the next couple of days. We just have to read their next move.

I have got a few burning unanswered questions....

1. Why did Affin Hwang still willing to purchase Presbhd even at 48.5c? What were they hoping to achieve? Whats their TP?
2. Why did they list the PP shares on 23rd June? Why wait until 23rd June ? Why not earlier?
3. Why did they announce the KWAP share disposal at the 11th hour? Why would they want to do that? Why not sooner? Whats their motive? To create uneasiness and panic amongst the retailers?
4. Who bought the big chunks of KWAP shares from the open market? Why didn't they just arrange an off market deal?
5. Apart from the reasons that cicakman & I analysed in our postings above....are there any other valid reasons for the total shake off yesterday afternoon?

If anyone care to answer my pressing questions....I'm more than pleased to hear them. TQ.

I'm sure all those who succumbed to the selling pressure and sold off everything would bang their heads to the wall if Presbhd really goes Limit Up next week.

I agree with cicakman.....it looked so bloody ridiculous when they parked 36K sellers at 56c and 35K sellers at 56.5c when there were no buyers to buy even at 55.5c. I believe it was done intentionally so that all the ikan bilis will be scared stiff. It was just psychological....bcoz to most of us seeing is believing.
To me....what ever happens....I'm staying put until the final curtain draws down. I was so determined when I started collecting below 30c and I'm ever so determined now as the grand finalè is just around the corner.

@cicakman.....
You saw seller"s vol blocking at high.That are real cz you can only sell if you have it.Yoy cannot sell what you dont have until 30th Dec.2020
You saw the buyer"s vol ,they most of the times fake.
Everybody can que to buy if your remiser allow you.


Yes....very² true. You are very observent.
I observed that as well. Based on the timing...ie as 1stJuly draws nearer.....I believe the whole episod was pre-planned and purposely done just to bring down the price abruptly so that all the small time retailers, weak holders and contra players like most of us would close our eyes and simply throw everything to them cheaply without thinking rationally. I believe yesterday's afternoon shake-out was staged by operators to scare off all the ikan bilis.

@cicakman.....
Hats off to you....you're really a positive thinker and always think outside the box.

@Triple_H......
You don't have to keep long term if you don't want to.....just hang on until nx friday and see what happens.

I agree with you lee_m2020....
Anyway....on monday.....sentiment will be quite bad at Bursa bcoz DJI gave away 730 pts overnight and Nasdaq slipped more than 2.5%.
Lets hope Presbhd can make a miraculous recovery on monday ....

@Triple_H......
Yes I agree with cicakman.....

Presbhd has been going up from 28c until 59c.....thats more than 100%......today only 6c down due to unforseen circumstances. There is nothing to be alarmed about. Take a break this weekend with our families and relax. Next week is the real thing. Lets fight until the end. This is still not the end. The real battle is next week...
Lets all see the end result.

@Sinoboy.....
No need short selling. What was done today very similar
26/06/2020 8:02 PM

True.....

@Sinoboy.....
CIMB trustee sold perhaps, because less than 5% interest. No need to inform Bursa..
26/06/2020 7:34 PM

Possible but unlikely.

Hopefully no more selling pressure from monday onwards.

Morning session was deafeningly quiet....suddenly afternoon session everything went ballistic!

@zerocool....
Fakes drop to trap the weak investor to throw out
26/06/2020 5:14 PM

I agree.

As far as I'm concerned....this is NOT the end yet. The end is when judgement is given on 3rd July favouring Presbhd and the counter goes limit up.

Its becoming more and more challenging as the Grand Finalè draws nearer. As they say...the road to glory is not always paved with gold. Only the bold and strong will make it and survive to reach the greener pastures.

I was told....most of the damage was done by those who got cheap PP shares. They made most of the dumping today....followed by some contra players & weak holders.
Looking at the timing of the fall...it is believe that this total shake off was done on purpose to scare off all the weak holders to depart with their shares.

All the weakholders have been shaken out by now.

Total Shakeout

Back inTop 20 in afternoon session.

Yes cicakman......the action will start in the afternoon session. Volume will build up in the afternoon.