If we look at the trend of the sharks goreng the shares prices for the past few years , excluding those lousy and small goreng Kaki , normally the shares will be pushed up for at least 50% , 100 % -300 , like HENGYUAN , Pmetal , Harta , or even Huuan , and actively traded for few months to years , until the results become not good or bad .

If the shares prices have doubled , tripled or few times higher with high daily volume traded , and the shares prices stagnant , within a tight range and the selling price of the products of company are dropping , like selling price of crude oil was dropping for the years 2014 - 2016 , meaning prospects of the company Will not be good or even bad , then we must sell .

When the shares are just pushing up or just beginning , we can buy and average down and ride along the uptrend until the shares prices have been doubled or tripled with very high volume or top active for few days or weeks , then we should seriously consider to sell or when the first Sharp drop occur .

In shares market , when the shares prices are trading in lower range with good prospects in the future , whatever news or rumours saying that the shares prices will be pushing up , most likely the shares prices will be pushing up . If the shares prices had been pushed up for few hundred percent or few times higher , like HENGYUAN from 2.00 to 19.50 , or Jaks from 0.40 - 1.70 , whatever good news whether is from Mr Kyy or the sharks's mouth , we have to let go , as I mentioned before when HENGYUAN was traded between 19.0 - 16.00 .

The shares prices of Lionind traded below
0.80 -0.615 recently were only for 2 - 3 weeks only , and it was traded around 0.8 - 0.9 for another few weeks . It is very unlikely Mr KYY can accumulate all his purchases below 0.80 unless he had brought the shares more than 1 year ago . It is very likely he has purchased along the way to 1.10 or more than that . So this is just the beginning .

If we look at those counters involving Mr Kyy , HENGYUAN was pushed up from 2.0 to 19.50 , Jaks from 0.5 - 1.70 and others like VS , LiI hen ,
At least pushed up for more than 200% . .
If what we are told were to be true , a 100 % push up from 0.80 = 1.60 , a 200 % = 2.40 .
Normally the first push up will have a correction to shake out the contra players and panicky just like Jaks dropped from 1.30 to 1.00 in the first round before pushed up to 1.70 . This is the tactics always use by them .

Most likely they are doing dump and pump along the way of accumulation .

KWAP acquired 5 millions shares on 13August and 8.8389 millions shares on
14 August 2018 , sold in last year now bought back .

After consolidation of 4 became 1 , this counter become a small capital company .
Now market is goreng with many small capital companies , and almost all the shares have gone back into the hands of sharks and the major shareholders . Can monitor closely about this company .

Sometimes in years between 1999- 2001 , an author named GORDON Chang or Gordon Chong , in his book he said that China will collapse , but China's GDP rose from the 6 th or 7 th to second largest economy in the world . China was the largest economy in the world for few tho years until opium war .
It's GDP was 1/3 of the world before the war which was similar size as USA during 1993-1996 .

For those who want to buy 10000 or 20000 shares , can look at MHB also . Can buy 5000 shares @ 0.79-0.795 , average down 5000 @ 0.74-0.745 , then average down 10000 @ 0.68- 0.685 , and keep for target price @ 0.94 - 0.98 .

I have read two books regarding Investment in shares in 2008 , both authors are head of funds managers in China , less than 40 years old at the time , graduated from engineering majoring in physics . One of them managed a fund of more than RMB 100 billions and the other managed RMB few hundred billions .
Both of them share a same opinion that is we must hold the shares in order to make more gains or returns . If you think the company's shares can give you a good returns , you must buy and hold . If you think the shares is going to drop further then just sell and wait for other opportunities .

Seems like a more sustainable rally across the board is running especially oil and gas counters .

Most of the buyers queued @0.58 and most of the sellers queued @ 0.585 are sharks's , if retail buyers want to buy , they have to take the sellers price @ 0.585 , and if the retail buyers want to sell , they have to give to the buyers @ 0.58 . So , you can calculate the gains obtained by the sharks daily . If retail buyers bought total of 2 millions shares and sold total of 2.0 millions shares , the sharks gains 10000 .
If retail buyers bought 3millions shares , and sold 1 million shares , then the sharks Will push down the price for the next few days . So , the sharks gains 5000 on the Transaction ( T ) day , and other gains on the next few days . How many sens the sharks want to push down depend on how many shares they have sold . They will repeat this process daily until break out , either push up or push down .

To Mobuzz , Thank you . Just to share some thinking .

I think one of the main reasons that this counter is trading within a tight range is due the sharks have not accumulated enough those shares which they have distributed since last year . Besides that , the company needs more contracts and if the remuneration can be reduced from 72 m to 12 m , indirectly the company can reduce losses by
60 m per annum .

Other than those counters which have started panic sell down since end of last year like Sapnrg , HENGYUAN , PETRONM etc or those counters the sharks have just completed their distribution programs recently , most of the counters shares which have been quiet down for few years , the shares are more likely in the hand of the major shareholders , or their agents or the sharks . If the market sentiment is good , they can GORENG up easily .

Bursa Malaysia was having a down trend from Nov 2012 until GE 13 on 5 May 2013 . After that the market recovered and was pushing up for few months until Oct 2013 .
Bursa Malaysia was having the same down trend generally across the board from last until GE 14, 9 May 2018 ., but this round dropped further until end of May 2018 .
Market recovered back in June and it seems like making a U turn . Hopefully the market will continue up trend for few months .

To Tradeshare , you are welcomed .
MRCB and UEMS have some advantages compare to other small paid up companies from the points of liquidity , occur rate of pushing up , strong and good connections , won't go bankrupt so easily , but they need to have some charges in government's policies which will be in favour of them . Some small capital companies can be just " Goreng up " with nothing good . So you may have to forgone other opportunities and be patience .

Recently ,
MRCB rebounded from 0.68 - 0.74 ( 27 % returns ) and UEMS 0.70 - 0.87 ( 24 % returns ) . The main advantages for these two counters are if market sentiment is good , they will move up and down side risk limited .

To Tradeshare ,
From my observations over the last 20 years , besides some blue chips counters like MAYBANK dropped to around 2.80 in 1998 when KLCI was around 262 points , then rebounded to more than 14.00 and had given few times bonus , and now hovering around 9.80 .
The other counters which had been pushed up for few times or more than ten times are MRCB and UEMS .

MRCB's major shareholder is EPF and some other big local funds . between 1999 - 2000 , it was pushed up from 0.50 - 5.00 , 2006 - 2007 0.60 - 3.0 , 2010 - 2013 , 1.00 - 2.50 with high volume traded .

Uems ( formerly known as uemland and Renong ) . Major shareholders now are KHAZANAH , EPF other big local funds . Between 1998-1999 ( Renong) was pushed up from 0.30 - 3.30 , 2006 - 2007( Uemland ) , was pushed up from
0.30 - 5.00 , between 2010 - 2011 , 0.50 - 2.0 , between 2012 - 2013 , from 1.60 - 3.60 ., 2015 July - Dec 2015 , 0.77 - 1.50 , with high volume traded .

These two counters are for those who want to buy few hundred thousand shares - few millions shares .which have liquidity , strong connection , big lo funds and won't go bankrupt so easily .
For those who have patient , more money , do not shift from one counter to another counters , may consider .

From my observations , the shares prices movement of most of the listed companies in BURSA , we can roughly put in the following ways :

For big paid up and medium paid up with good prospects or performances ,

1) The major shareholders , sharks and funds managers will accumulate at the lower range .

2) slowly push up , level by level if results are good .

3) push up to the higher ( overpriced range ) and slowly distribute to the retail buyers . When only few retail buyers interested or no more interested retail buyers Then they will press down the price to a lower level for distribution again .

For penny stocks ,

1) the major shareholders and the sharks Will accumulate at the very low range for few years or ten years until almost cornered the shares .

2) push up the shares 100 % or few hundred % within a short period of time ( depend on how powerful the sharks are ) for redistribution to the retail buyers . After they have achieved their target , they will stop "GORENG" for the counter for few years .

In my opinion , a successful investor must have the following :-

1) Do homework or do research about the
company they want to invest ,
2) must have holding power or don't over traded
3) must be patient , don't panic
4) must be brave ( when everyone don't want
and the company has good prospects in
future )
5) must not be too greedy when the company is
overpriced and decisive to take
profit or cut loss .
6) must be very disciplined .

Our market is not an efficient market and mostly controlled by the sharks . Sometimes a counter's price can break few resistances and sometimes it can have Sharp drop and break few support level in few trading days . So , it is very hard to predict the movement . From the price movement for few years , volume traded , fundamental points , who are the main shareholders , what is the future prospects of the company , may be we can decide whether should invest in the counter or not .

I had read an article sometimes between 1995 - 1997 ( can't recall exactly in which year ) . The article was a survey carried out by some big Broking firms in HONG KONG . They found out that if an investor had been invested in a particular counter for 10 years , but if they don't owned the shares for the particular period of 42 working days or have sold , missed the bot , then what ever efforts they have done is useless .
Like HENGYUAN was pushed up from 3.00 - 19.50 , PETRONM 5 - 15.50 , HUAAN 0.04 - 060 - Iwcity 0.80 - 3.0 in last year . HWGB from 0.20 - 1.0 in the beginning of 2011 . UEMS in 2013, from 1.7 - 3.60 , KNM 0.40 - 1.16 , THHEAVY 0.30 - 1.10 in 2014 and many other similar cases .

As a retail investor , the main constrain or problem we face is money or our funds . Sometimes the counter we buy is trading within a tight range for few months until we lose patient and change to other counters . Then the counter which we had sold started to jump up .
Sometimes to get a 20 - 30 or 20 - 50 % , it may only take 2 - 3 weeks , but if you want a 100 % returns - it may take more than a year .
So , we may have to change our strategy to make a 20 - 30 % - or 30 - 50 % returns ( with higher probability of occurrence ) each time on each counter . If we can do it 3 or 4 times in a year , the results are more than 100 % .
Some counters the occur rate of giving 20 - 30 % returns is more than 90 % with minimum down side risks . Some counters may give you 50 - 100 % returns but at the same time you may suffer a loss of 100 % .
Even if you buy SAPNRG 10000@ 0.58 and average down 20000 @ 0.52 and wait to sell 10000 @ 0.72 and 20000 @ 0.78 , your return is 40 % , or buy VELESTO 10000 @ 0.28 , and average down 20000 @ 0.24 , and wait to sell 10000 @ 0.38 , and 20000 @ 0.39 , your return is more than 40 % also .
Sometimes to get a return of 100 % or more , you need some luck and good patient to wait for a bigger correction or Sharp drop in the market like what have happened in May recently . Counters like GBGAQRS rebounded from 0.62 - 1.30 or YTLPWR 0.735 - 1.20 etc . Some counters are picking up from the bottom like HO HUP , MIECO , UEMS , etc

For those who want to buy 10000 - 50000 shares in a counter , there are at least more than 100 counters for you to invest for few weeks to a year with a return of 20 - 50 % .
For examples , buy Ho Hip 10000 shares @0.52 , average down 20000 shares @ 0.46 , and 20000 shares @ 0.41 , and wait for the target @ 0.68 , 0.78 .
Buyer MIECO 10000 @ 043 and average down 20000 @ 0.36. , then wait for target price at 0.58 , 0.64 . Buy Uems 10000@ 0.82 , average 20000 @ 0.76 and 20000 @ 0.72 , wait to sell 10000 @ 0.88 , 20000@ 0.94 , 20000 @ 0.98 . Or buy MRCB 10000 @ 0.70 , average 20000 @ 0.62, and 20000 @ 0.56 then wait to sell 10000 @ 0.78 , 20000 @ 0.88 and 20000 @ 0.94 . Buy Owg 10000 @ 0.92 , average 20000 @ 0.86 then wait to sell 10000 @ 0.99. 10000 @ 1.04 and 10000 @ 0.98 . Buy TUNEPRO 10000 @ 0.92 , average 20000 @ 0.84-0.86 , then wait to sell 10000 1.04 , 10000 @ 1.12 and 10000 @ 1.18 and many other counters .

Sapnrg is a counter for those retail buyers who want to buy few hundred thousand shares or few millions shares and wait for 50 % - few hundred % returns within one or two years . Other small paid up or tight controlled companies , you can only buy 10000 shares - 50000 shares in order to make some gains within few weeks - a year . If you buy few hundred thousand or one million shares in these small or tight controlled companies , you may have to wait for few years .

Those counters which have been pushed up few hundred percent , the first Sharp drop will have a Sharp rebound because retail buyers dare not to buy . Subsequent Sharp drops , the rebound become smaller and and , like HENGYUAN , PETRONM etc , may be Topglove will follow the same pattern .

If you play contra for Sapnrg at this moment , may be 10000 shares or 20000. Or maximum 50000 shares , you may make profits 1 time out of 5 times if you are good enough , but if you buy contra 200,000 shares or 500,000 shares each time even you are good enough , most likely you will lose 9 times out of ten times .

If we look at VELESTO ( UMWOG ) , it plunged to the lowest range of 0.21-0.22 only in a day and rebounded very quickly to around 0.30 , and is hovering around 0.28- 0.30 for few months . It's shares.price dropped to 0.21-0.22 , mainly due to (1) market sentiment was bad at that time , ( 2 ) , the sharks purposely pushed to that low level to brain wash the retail buyers , to frighten them and to mind set the retail buyers thinking so that they won't buy anymore shares or will sell their shares when the price rebound a bit , may be 0.35- 0.40 .

Same things happen to SAPNRG at this moment . The sharks also pushed the shares price to 0.395- .0.40 in one or two days ( 15 March 2018)
and rebounded quickly to 0.53- 0.55 the next day . These are the sharks tactics and tricks . Already 4 months ( 15 March 2018 - 20 July 2018) , the shares price didn't drop to 0.395 - 0.40 again . As I mentioned previously , some times in March and April 2018 , if retail buyers bought around 0.47 , the maximum loss is 0.47 if they don't play contra , and most likely they will suffer a loss of 0.17 ( 0.47 - 0.30 ) within the next two years , but in fact they could have made few rounds profits .

As I mentioned before , if a company's shares price has been pushed up few times , or 5 or 10 times from the lower range before the sharks started to push , we should not chase at the highest range , like HENGYUAN was pushed up within a.YEAR from less than.3.0 to 19.50 , and must not average down along the down trend and should cut loss at the higher range , same cases like IWCITY ( 0.9 - 3.0 ) , PETRONM 7.0'- 15.50 , UEMS ( 1.7 - 3.60 ) .

For VELESTO , the sharks have collected a lots , if good news were to announce , the sharks can push up the shares price easily ..

For Sapnrg case , the sharks still need more times to do pump and dumps , and longer time to collect back , So , unlikely to press down to
10 - 20 sen level unless very bad news like another 2-3 billions quarterly losses again . Most likely the shares prices will be hovering around 0.50 - 0.70 in order for them to collect back their shares which were sold in last year . So for those inexperienced retail buyers , they should not be panic buy or panic sell for the few sens up and down , or simply cut loss at this level .

Paid up of 5,992,155,087 shares x 15.90% x RM 0.595 = RM 566..873 millions ( total cost of investment at current market price of 0.595 ) . So , if any one invest this amount , and get the same remuneration of 71 millions , only need 7.984 years to recover back his investment or a 12.5 *% annual return . Seems good .

Today's SunBiz states shareholders holding 81.7 % of voting rights voted for the re-election of TS Shahril , indirectly hinted the sharks have at least more than 81 % controlling interest in this company . It also means that the company will not go bankrupt so fast . They will have to goreng up again , only the matter of time .

If the USA really impose serious sanctions on IRAN for one or two years , the world oil price has to go up and more contracts have to be awarded , then they can't control the price but have to let it goes up .

@newbie 8080 , that means if he were to buy back at this price , he could have made few hundred millions ?

During the years 1993 - 1996 , the were more than 2 millions active cds accounts , right now there may be less than 300,000 active cds accounts and a lot of them are sharks' nominees accounts . There are more than 1500 counters listed on BURSA . If only 3000 active cds accounts carry out trading of shares in one counter per day , this means only 2 cds accounts carry out trading in a single counter per day . The sharks can easily control the movement of the share's price . During 1993 - 1996 , if one million cds accounts carry out trading in shares of 1000 shares only per account , the total market shares traded have reached 1 billion shares . It is difficult for the sharks to control the movement of the share's price .
The average daily volume traded for HONG KONG IS around 50 billions HK DOLLARS . For Taiwan around 100 billions ( NTD) , for Total china market is more than 400 billions ( RMB) on average per day , in year 2015 , the total value traded for CHINA is more than a trillion RMB a day .

If they want to push up or press down 10 - 20 sen , they can do that anytime but they are only work toward their benefits . We don't have to panic for the few sen every day .

The main purpose for the sharks in trading of shares is to make money . For the major shareholders , they can enjoy the status , enjoy high remuneration ( even for their family members ) , receive dividend income , gains on disposal of shares etc .
The sharks acquire or accumulate shares , their ultimate purpose is to dispose the shares for maximum gains they can get . At the end they have to push up the shares price for redistribution . If the company is going to close shop , the sharks definitely Will try to distribute their shares as fast as possible . If the company's future prospects is good , then they will push down the price along the way to collect more shares in order to make more gains . Anyhow , the sharks are linked to major shareholders .

@ JJchan , thank you for your sharing of information .

The sharks need more times to do the pump and dump , press down and push up . The TAIWANESE market players call this
" WASHING THE SHARES " . Almost all the counters are " Goreng " in the same way . Even some good counters like QL , TOPGLOV HENGYUAN etc are the same . The shares prices will be hovering at a range , then break out and go to higher level , then hovering at higher range , then break out and go to higher level with shorter times until the shares price reach their target price . Then the shares price hovering at the high range for them to distribute . Then sharp fall , if retail buyers didn't buy buy , then sharp rebound will happen . Then slowly distribute the shares again until they have distributed most of the shares the have .

For Velesto , AMANAHRAYA TRUSTEES BHD owned 3,283,166,602 ( 39.963% ) shares as at 4 July 2018 . As at 22 June 2018 , LEMBAGA TABUNG HAJI owned 412,247,380 ( 4.994 % ) . Compare with SAPNRG , VELESTO is currently more tight controlled . That is why Velesto has not been actively traded for the past few months compared with SAPNRG .

The % of paid up shares owned by the Top 30 largest shareholders for years 2014 - 2018 are as below : -

As at 30 April 2014. = 69.68 %
As at 30 April 2015. = 71.61 %
As at 29 April 2016. = 73.62 %
As at 28 April 2017. = 67.46 %
As at 30 April 2018. = 56.19 %

The % of paid up shares owned by the 3 - 5 substantial shareholders for the years 2014 - 2018 are as below :-

As at 30 April 2014. = 46.54 %
As at 30 April 2015. = 47.57 %
As at 29 April 2016. = 41.03 %
As at 28 April 2017. = 56.15 %
As at 30 April 2018. = 26.00 %

From the abovementioned % of shareholdings ,
we can see that between 28 April 2017 -
30 April 2018 , the Top 30 largest shareholders have disposed total of 11.27 % of the company's paid up shares capital , and the few substantial shareholders have reduced the number of shares owned by them by
30 .15 % of the company's paid up shares capital .

Most of these shares have been distributed to the retail buyers between April 2017 - April 2018 . They will take times to accumulate back the shares , that is why the shares price has been traded between a narrow range . Anyhow , if the world oil price can be sustained around. USD 70 - 80 or even higher for the next one or two years with more contracts to be awarded , the oil and gas companies would be benefited . If USA really impose serious sanctions on IRAN , the world price will shoot up . The main problem for this company is the huge debts .

For those counters with very good news announced especially like acquisition by other company with offer price doubled or tripled the market price , normally you can't see many sellers queuing in the market , the sharks and their agents won't sell to the retail buyers and they also wanted to grab as much as the can . Normally all these counters shares had been accumulated by them .

If you look at the buyers and sellers queue in the market for this counter and many other active counters , some 30000 over lots of buyers and 30000 over lots , some counters even have more than few hundred thousand lots of buyers and few hundred thousand of sellers , but only less than 5000 lots done . Some counters quiet for few years or only few lots done per day , suddenly next day more than 100,000 lots done or even more , and the next few days only few hundred or few thousand lots done , seem funny ??? Sometimes with very good news announced , we can accept the reason that many buyers want to chase to buy that counter , but why suddenly also so many sellers wanted.to sell ?? The only logical reason I can think of is most of the sellers are also from the sharks or their agents for trading .

Between 2008 - 2009 , when US market ( DJI) crashed from around 13000 pts to around 6800 pts , KLCI dropped from around 1200 pts to below 700 pts . From what had happened in the past of BURSA MALAYSIA , based on the past few major events happened in year 1997 - 1998 , 2000 - 2001 , 2008 - 2009 and 2015 , we can roughly guess if major problems occurred , the first crash May reach 1500 ,follow by 1300 if world market crashes . If all the foreign funds pull out from HONG KONG and Asean countries then KLCI may drop below 1000 pts , but would this happen ?

KLCI dropped to the lowest of 262 sometimes in the year 1998 and then rebounded to around 1000 pts in year 2000 . Later 911 event , it dropped to below 500 pts . In March 2009 , KLCI was around 1300 pts . The components stocks of the KLCI has changed many times . In August 2015 , due to the market crash in China and some major problems occurred in Malaysia , the KLCI dropped from around 1800 to around 1500 .

Recently there are some small capital and thin volume companies , the shares prices have been pushed up for few hundred percent like HO HUP-WA , GBGAQRS-WA , Menang -WB and others .

Since 29 June 2017 and after announcement of contracts worth
RM 920 millions cancelled by China company. , until now there has no any announcement made by the company . The sharks are quietly accumulating the shares and waiting to push up the shares and warrants and distribute to the retail buyers warrants at high price before expired next year .

Trading of shares between buyers and sellers is a zero sum game . Example : 5 buyers bought 50000 shares @ RM 1.0 and sold to subsequent buyers @ 1.10 and made 10 sen per share or total of RM 5000 . The previous sellers made less gains by 5000 or suffered total loss of RM 5000 depend on their cost of purchase . Do you think the sharks Will sell their shares @ 0.60 and buy back @ 0.70 or sell @ 0.50 and buy back @ 0.60 daily and keep on repeating daily like that and let the retail buyers take all their money ?? .

If your observation is sharp and your memory is good , for a big share capital and high daily volume company like Sapnrg ,Armada , Velesto Knm , UEMS etc , after sharp drop and huge distributions to retail buyers , It need to take longer time to go back to higher level , Most of the time it will be trading between a small range until the sharks collected back their shares and the time is due for rebound .

When Velesto ( formerly known as UMWOG ) declared its quarterly results ended 31Dec2017 on 27 Feb 2018 , a huge loss of 1 billion , its shares price maintained and was trading around 0.31- 0.32 , a drop of 0.5 - 1 sen . Beginning of April 2018 , nothing was announced , the share price suddenly dropped from 0.32 to 0.21 , so funny ?? The main reason I guess is retail buyers bought a lot of shares , so the sharks pressed down and collected back and made a gain of 8 - 10 sen per share .

VELESTO ( formerly known as UMWOG ) reported 1st Quarter 2018 ( 31March 2018) results of 5 millions profits and revenue of 121 millions .

Shares buy back means a listed company buy back its shares from the market and subject to a maximum of 10% of its paid up capital , must be approved first .
Insider trading means buying or selling of securities based upon access to confidential or privileged information which has material impact and which is not available or not known to the general public .
The directors of a listed company have to declare their intentions to deal with the securities of their listed company .

Most of the time , the shares price of a listed company is trading between a range at lower prices ( for sharks to accumulate ) then slowly break out and the price goes up to another level . If a lot of retail buyers chase to buy ( especially contra ) , then they will press down the price . When the shares have been pushed up a lot , then they will distribute to the retail buyers and make the gains .