good news?

so 0.030 the latest updated bottom of this counter, good to know

I have no problem with operators trying to shake out the weak holders, as far as I concern, the bottom price for this stock is 0.025 at this moment (short to mid term), unless there is any fundamental changes

@Will188 I don't know about that, not the reason I enter this counter, you want me to google for you?

exited at 0.645, thanks and gd luck to u all, will ride again with ptrans if given chance to buy cheap ticket again

@abdulLeman_2021 nothing to do with total number of share, it is just unit / tool for trade.

what matters is total capitalization of the company (vs intrinsic total value of the company), and whether market's money decided to come in or go out from this company

privatization?

@UncleFollower nice haha I still keep some MMC hopefully the privatization go through and get full payment of RM2, but depends the price movement in between will consider to check out more too to minimize risk

I think you misunderstood a bit, as a bottom fisher, I am not really nescesary a penny stock hunter, I am a cheap stock hunter. Penny stock is not equal to cheap, need to compare with it's intrinsic value first.

I said before here I think bornoil is the only good penny stock with fundamental and future prospect currently

@alenac

AVI tourism sector skip first, damage been done, very hard to recover, this 1 lagi worst, consistently making loses even before covid. recent spike is fluke / fake recovery sentiment / manipulation. never bother to entertain that or consider entering this counter at current funamental prospect.

IMPIANA situation same as AVI but worse, above NTA and in mid way of uptrending already, now enter is just chase high for no reason

@farmflyer well said

@alenac focus price above NTA, so definitely not cheap enough for my consideration, no need further details

I don't touch this company when it is still expensive or uptrending

@alenac I am free most of the time recently because of i am still MCO, but you are asking my stories so it will take more time for me to recall and I can simply don't entertain request like that.

"How then do you avoid the syndicate penny stocks scams about more than 30 listed in the Bursa?"

same strategy, company valuation then bottom fishing, there is only so much syndicate can do pushing down the price considering the company's intrinsic value

@alenac "This counter is not suitable for contra" totaly agree, but don't simply assume most investors are contra players only

@alenac

success stories

asiapac (waited for many years)
suria
choobee
mmccorp
cck
comcorp
mbmr
ptrans
pensoni
khind
harbour
kbunai
orna
pohkong
hevea
dayang
kfima

many more can't list all la, how success? all same no brainer strategy only

failure stories

topglov (regreted no follow nta rule)
supermax (regreted no follow nta rule)
mrcb
xox
nylex
cview
serbadk (after scandal try to catch bottom fail)
kimhin
ioipg
kub

current holdings

ptrans
mmccorp
uoadev
trc
suria
bornoil

overally make money more than lose money, you are lucky I am free to entertain you now

"Tell me about Sugarbun. " actually, this part I disagree with UncleFollower, simply because I like sugarbun and have faith in the business to expand and become mainstream, nothing complicated.

what else you need if a simple "no brainer" strategy can make you money?

"bottom fishing", exactly that's how I have been making money, it works most of the time you know?

long wait? no problem, most important is make money or lose money only

contra player? gg everywhere la if cannot hold longer

@UncleFollower thank you so much for the details

only 1 main rule that prevent me from losing money at stock market, "never buy anything above NTA or without significantly good NTA discount"

you guys know what? people tell me the same thing at the other counters which I made lot of money in the pass, "history" "trend" bla bla bla, I only see current price vs current value of the company

@alenac the company's businesses prospect of course, how their business like sugar bun can generate good income or expand

buy low sell high no brainer? okay go ahead chase high those blue chips companies

I am positive the price hardly go lower at this point, so better risk vs reward

I never ever consider to buy this company the time you enter, I entered only at 01 september 2021, entry price 0.030, all pass history irrelevant to me

as for this counter, forget about the pass history, talk only about current price, current fundamental, current prospect and current NTA

@will188 "By the way.. I am holding 1.2mil shares of bornoil" sorry to say but that only means you are now paper loss in this counter but still holding

you may say I am newbie but I started investing since 2016, consistently making more money than I lost

nothing complicated strategy here, buy low sell high only

@will188 you still did not answer my simple question, " just tell me how much lower you think this stock can go?" please give me short and direct answer (in sen or RM), no need so many unrelated explanations

no need to reply me anything if you plan to skip my question again

limit down? LOL steady, still above my entry price

there is a limit "how low" and "how high" a company's price can go, try to catch bottom is the best way to make money in stock market, not chase high

@suprnoob "how much more they 'plan' to dilute the share price?"

let me answer this question,

up to this point, not much more, I am sure they know when they should stop

@Valgrovest agreed

I really can't understand how PP of 2.5sen can dilute the share price to below 2.5sen. MQ pay the company net cash of 2.5sen per share

@will188 you talk no point, just scare sentiment, just tell me how much lower you think this stock can go

kasih touch 0.025 sen ma 10 lot haha

steady la, need to shake out contra player punya ma

you are the one that trying to influence unconfident newbie here

@will188 jump?

PP is at 0.025, how much lower you think this stock can go down without any bad news?

so many love and concerns from oldbies here haha

I am newbie but I have better sense of mind that some other oldbies (that insists on following trends) and made more % of profit than them in stock market

so funny, the lower the price, the lower the chance to get trapped, just because people trapped at higher price, we should now buy at lower price of RM0.03, there is limit how much lower it can still go

gd luck to all to respective's destinations~

your cash also can last longer that way, we just need to build strong defence at RM0.030

@wallstreetrookie very much appreciated but I suggest u just queue at 0.03 if you got the cash and willing to help, that way it will be safer for u too ^_^

patience

many still buying 0.030 ma, buy queue keep refill one

funny, still too early to talk about trapped

me go for 5 bids at least

1 bid profit hardly even cover brokerage fee lmao