It was a good closing today at 71c, even though it didn't closed green. More importantly, it rebounded and survived a potential throw down below 68c. Shows that bulls are still there in this counter. Might have a potential recovery above RM1 in the weeks to come.

If the price can closed above 70c today, i believed the confidence in this counter will recover and the price will trend up in the days to come.

Support seems to be strong. People are buying into Chia's vision.

Of course SC will be aware.

@CareAboutOthers When shares are under moratorium, he can't sell. He can go to jail if he breached SC regulatory rules.

the counter has lost almost 60% of its value from Nov high

where is seejovin ? the counter needs him. he needs to write a daily article like last time. market losing confidence.

very soon most people will be afraid to buy this counter. go up slowly but comes down fast.

Very bad and drastic sold down, killing all the T3 contra players who bought during the rally to rm1.23

@6222 agree with you. Its a shame and disappointment that after 2 good announcements (contract win and private placement with with free warrants), the price still comes down. You could be right, maybe insiders are selling or possibly because of a stale bull situation whereby a lot of people who are caught at higher prices cutting losses whenever the price goes up.

my 2 sens views on the private placement and free Warrant-F.

1. the stock price will be quite stable from hereon as the company is expected to raise a planned estimated $ value for working capital requirements
2. the private placement is done in a positive manner as the new placement shares will also be under moratorium, this provides and an assurance that the shares will not be immediately dump into the market
3. comes with Free Warrant-F which should be worth at least 10c to 20c (if the mother share stays at current price)

this is just a personal opinion and not a trading call.

after announcing such a big project, the price open so strongly yesterday and within the first 15 minutes, it hit a high of 1.23, with many people expecting a limit up. sadly thereafter, sell down takes over through the end of day, closing at 1.10. many buyers were caught above 1.20 and sitting in a pool of losses. so far, this morning's performance has been a disappointment, hitting a low of 1.04c, which is 1c lower than the last Friday's closing price before the contract news announcement. will it go lower or stage a strong rebound from here to a new ATH ? with seejovin back now, it could just happen. time will tell. this is not a buy or sell call.

Seejovin in the article said that "he took an additional step to also check with the feng shui master".

some are expecting a limit up this morning. though it might not happen, i must say that it still register a good gain so far. momentum is picking up and people are positive about the contract win news. possibility of a further upside (based on TA)

agreed. i am also anxious to see what happens in time to come, will it go back to rm2 or back to 80c.

i am not asking or convincing anyone to invest but just a personal opinion. trade at your risk

@ Bgt9963. yes, the company is still the same but the owner now is different, therefore, the business prospect could also be different as the new owner will have his own execution plans.

New company logo looks like a big casino opening, maybe a start of a new rally upcoming. strong affirmative article from the owner as well.

seems like consolidating, trading sideways, low volume. waiting for next move up / down

Enjin starting again. Just topped up petrol

Only 1 day show ? everyone thought today will rally after big news

today must close strong above RM1. then tomorrow can rally.

if RM6B project announced, target price back to RM3. maybe higher ? hahaha

tomorrow will be 1.10

if new owner can say rm6B project, sure got one. don't think he is just talking cock. maybe announcing next week or next month, then price will limit up.

is this the last opportunity to buy below RM1 ?

might see 65c next week if 70c broken

doesn't look good. trending down after massive pumping earlier

a BIG BREAKOUT is happening soon

right. change name 10 times also no point if price never go up.

when only this stock can go rm1 or higher. still going downwards after the news.

Looks quite certain that it will stage a strong rally in the afternoon session. Possibility of a LIMIT UP ?. Tomorrow likely will GAP UP again. If momentum continues, it should closed the week above 1.50.

Those who follow Onggal will missed the boat. Anyway, you guys should pity him and not be too harsh on him as he has nothing else to do but to spend his time here, trying his best to give advice and get the appreciation from contra players.