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2021-10-06 10:32 | Report Abuse
Going back to below 0.88 in the next few days
2021-07-23 18:16 | Report Abuse
No new catalyst to move its price. Financial performance similar to year 2018 - 2020. For now its fair price should be around RM0.85 - RM0.90. For this year I expect it to move along with the market sentiment, neither over nor underperform.
2021-06-28 18:29 | Report Abuse
No one believe that it will drop below 0.20. Look at London Biscuit. Financial was healthy but it's fake, then default on loan and dropped from 0.65 to 0.01 within a year and then delisted.
2021-06-28 12:49 | Report Abuse
Something fishy going on if a company make huge profit for years and yet keep issuing PP and bonds. Imagine you have a business making 1 mil every year for the past 3 years, will you go and get loans of 7 mil and invest all 10 mil at once in different businesses, some are even new businesses which profitability is unknown? Only 2 kind of people would do that: a fool or a scammer.
2021-06-25 13:28 | Report Abuse
Finger cross on any of Serbadk, Kpower or SCIB upcoming bond maturity date, which is next year. If any one of them couldn't raise enough cash via PP or loan in time and default on bond redemption, then it is really game over for all these companies. Remake of sudden collapse of London Biscuit where the CEO raising cash by borrowing and transferred all the monies from Lond Bisc into his own Sdn Bhd, fabricate financial statements, receivables & assets, and eventually default on loan payment amounting to only 1% of its total assets. They couldn't even pay loan which was 1% of their assets since all the data in financial statements were fake. The share price fell from RM0.665 to RM0.01 in less than a year before being delisted and wound up. Coincidentally London Bisc case was also red flagged by its usual auditor only after a few years auditing them, findings then re-affirmed by another auditor before it default on loan repayment and wound up a year later. All happened within a year. Beware when you put your money into scammer companies. They only wanna scam your money and nothing else.
2021-06-23 13:45 | Report Abuse
Untrustworthy financial results. Untrustworthy business deals. Untrustworthy management team. Buy at your own risk. Period.
2021-06-08 18:51 | Report Abuse
Always issue new shares and islamic bonds. Financial statement cantik. But not sure where the new money from sales of new shares and bonds gone. Even without new shares and bonds the multiple growing profit should have given the company good cashflow to expand. Where has the money gone? Made me think of Malaysia.
2021-06-08 18:42 | Report Abuse
Something is definitely not right. If not the vendors would have came out in the first place to clear the air last week; secondly why is EPF also selling at low price? Until now SD couldn't defend itself with solid proof. They were only trying hard to remove KPMG as their auditor to sweep everything under the carpet. It's like the accused trying to change the prosecutor or the judge.
2021-03-25 14:05 | Report Abuse
Hosting server or data center is a very competitive industry with profit margin getting lower and lower. Many small players are struggling to survive when big players like Google are aggressively waging price war to dominate the market.
2021-03-23 18:00 | Report Abuse
The chart is showing downtrend in d near term. Near term target 0.45 within next week
2021-03-23 09:08 | Report Abuse
Take profit and run. it's heading back to around 0.45
2021-03-18 21:37 | Report Abuse
It's heading back to below 75 cents. Take profit and run
2021-03-10 12:34 | Report Abuse
My selling quota for morning session met. Lunch first. Continue my work in the noon session. Tata..
2021-03-10 10:52 | Report Abuse
Going to fall below 2 in the next few days. Big hands have a lot to sell to small hands
2021-03-10 09:34 | Report Abuse
Chart and price action does not look good. When buy only bit by bit. When sell it's by much bigger blocks.
2021-03-09 17:17 | Report Abuse
The way one off selling at 2.06 @ 140k+ volume around 4.30pm just now was sold by big hands to small hands. This looks more like 2 days technical rebound. Tomorrow most likely continue down.
2021-03-08 15:12 | Report Abuse
Cannot break 2.20. It will fall back
2021-03-04 16:39 | Report Abuse
If management really accumulate it will not be 30k shares. When u see announcement of shareholders buying minimal those are just to show ppl. At the back they have already trf millions of shares to others to dispose. Those are simple rule #1 of shares distribution selling by any company stakeholders.
2021-03-04 16:13 | Report Abuse
I knew ppl working in Kpower. Many of them bought last year let go all their shares about a month ago. Management there knows when to buy and sell, and how much is left for the stakeholders to complete their distribute selling target. It's no secret within d company, unless management there purposely leaked fake news. But so far proven to be true since Jan when the rumours started there. Don't worry the stakeholders will accumulate back some shares at some point but not at the current price. it is safer to enter below 1.50.
2021-03-04 09:47 | Report Abuse
Tats what I heard also it will stop around 1.50. They will sell and take profit until they left 20% from whatever they accumulated from last year. Then they will slowly buy back from 1.20-1.50 range, albeit to a much lesser extend than last year. Just wait and see if that is true.
2021-03-03 19:08 | Report Abuse
No bad news coming. It also has nothing to do with upcoming LSS4 award or the recent financial results. I think main reason being the big holders really have a lot of shares with the cost of 0.20 to 1.00 (adjusted price) from last year accumulation, bonus shares and warrants. They are looking to let go those shares at highest possible price to get quick profit. That is why after ex-date the price was jacked up to 2.80 for them to slowly sell their shares. I'm pretty sure they still have shares to sell and the distribution phase is still ongoing until now. The big holders know very well the current run of share price has overshot and profit growth of the past few quarters is not sustainable to justify the price. My guess is that they will sell until 1.50 before accumulate again at 1.20-1.50. Of course there will be price rebound during distribution phase, but it will not be significant and short live. I opt to be patient, wait and monitor for real accumulation phase to happen (sideway plus minus 10% price fluctuation for 2 months or more) before buying.
2021-03-03 16:47 | Report Abuse
Big holders are still distributing their shares. Thy still hav a lot of shares to distribute at this price until RM1.30 and still making good profit. This share will drop to 1.50 region before real consolidation and accumulation starts. Before that it will be down and up with overall down.
2021-03-03 11:30 | Report Abuse
Not sure until what price will big holders sell and distribute their holdings. From the price and volume action of last year until now I think big holders have sold about 60% of their buying from last year. Normally they will keep 20% before buy and push up again. So they still have 20% to sell and this last 20% will normally cause price to drop more than earlier distribution as lesser volume means lesser small players are there to catch their distribution. So I expect them to continue distribute to small players until 1.40 before started to buy again below that price. Before that can expect consolidation and then some rebound around 1.60.
2021-03-03 10:18 | Report Abuse
Don't catch fallen knife. Still high risk if buy at 1.70-1.90. Can wait and enter at 1.60 region when it really consolidates.
2021-03-03 10:07 | Report Abuse
From the 5 years price and volume chart it looks like distribution of shares by big holders, instead of accumulation. These big holders actually have accumulated a lot at a range of 0.20 to 0.90 from early to end 2020. There are also other concerns like big amount of diluted shares + warrants, and whether the recent financial results is sustainable. Beware of share price going to 1.60-1.70 region before consolidating.
Stock: [RENEUCO]: RENEUCO BERHAD
2021-11-10 23:41 | Report Abuse
From day 1 we already can sense that this Karim has things to hide. All 3 are rubbish stocks. Once suspended might go into delisting.