Seem like firm d.

If buyers are individuals then is good. Meaning got a new batch of investors which accepted the pricing of 1.55. If today still not throw, so they will hold in between the pricing of 1.47 to 1.575.

Investing_Bursa Lets wait the parliment opening, then it will give a clear practical message to all d. Anyway, i never too worry abbout Muhyiddin and PN position as Sarawak parties wont be so stupid to support just for the PH's sake of Perdana Menteri position and TM private agenda.

PN government and Muhyiddin is more reliable person to discuss about "sawarak sabah rights" what? why want to choose TM or PH gang.

Not a rocket science. But of cos, as retailers, we need to know our position. No need to bound down by "buy on news, sell on announcement".

Many story lines to promote MYEG. This one i no need mention d.

Operator wont let go this opportunity one.

until they think that that base price slot is very firm (no more active buy and selling)

Less people willing to buy or sell

Prepare ya, if slow response in 1.49-1.50. They will test to 1.47 slot.

"EmperorFund: Big Funds may not sell today....no buying strength..."

Emperor Fund may correct as big funds observe the buying strength as well.

My humble advise, if you have cash. Then for long term, just buy and wait. No need to be impacted by the short term movement few cents up and down.

BQty Buy Sell SQty
441,600 1.490 1.500 1,173,600
1,043,800 1.480 1.510 1,357,400
750,800 1.470 1.520 736,200

You can see here, Sellers Q 3 block. Unless you are big funders otherwise for retailers to clear the block it need many buying sentiments.

Then 1.48 is the "patience" block set as well. So meaning for those buyers, you wait here also need to wait long time. So you only can consider to buy 1.49 (Q) or direct 1.50. - So operator will observe the buying patter of 1.49 and 1.50.

Emperor fund may not 100% wrong, but only maybe he not sharing the full picture to us.

Just for example

10.07am

Sell direct to buyers Q 3.8m units
Buy direct to sellers Q 2.9m units (those investors no patience to wait at Buy Q， then aggresively direct buy from sellers Q）

Consolidation process depends on how retailers react loh. If they place heavy buy Q at 1.48 (now seem got million volume), then new buyers no patience and aggressively buy direct from selling Q meaning is almost the time d. So operator also have to ensure no flies afterwards.

Frankly speaking, MYEG is a counter which got many story line, if you are operator, are you willing just let go only until this extension news? Highly impossible isnt it?!

They need this process.

Rambo - you need to wait until your "Last Blood"

Lets see how long will be process to move out all those short term traders. Today i saw minimum volume. So i believe the consolidation process going to complete soon (if there is no significant new developement of tcompany annoucnemnt).

From what i see, operators shaking table to push all those short term buyers is possible. But of cos, they will test the base support before next round movement. Otherwise they will facing heavy selling pressure from retailers when next wave come. It is quite common.

And frankly speaking lah, if you observe every transactions this 2 days, mostly done by retailers.

Change hand between old retailers and new retailers actually is good thing for share price further movement. As new investor have higher entry price already, they wont simply throw away their tickets on hand unless have 5-10% profit. It is quite accrurate with the data shared by tehpenghui from Rakuten

r1 1.580 (5% return from 1.50)
r2 1.650 (10% return from 1.50)

Ya. Witty, we should wait for major announcement. Suspension not necessary bad thing. If it is a signficant new contract. Then it will be good.

tehpenghui s2 1.430
s1 1.470
pp 1.540
r1 1.580
r2 1.650

I think so will be testing 1.47 today. anyhow is a good entry point for short term consolidation.

Shaking the table process

Selling Q seem loading quite fast. Although i m not supporter of Emperor Fund, it seem now currently testing the downside which can accept by those short term MYEG contra buyers.

Who knows Emperor Fund maybe correct? Anyhow i believe MYEG is a good counter.

Heavy selling Q block at 1.52 and 1.53 especially 1.53

Trade at your own risk. If compare to those announcement, i more prefer to wait happily the suspension of this counter (meaning will have major announcement).

Buying S5 Systerm RM90m as 10% shares. Just imagine if based on MYEG management wisdom, they will pay it just for nothing? Specutatively, MYEG should have securing some major projects worth near RM1billion.

Long awaiting for Section B Stations and Depot location Gazette.

This round bagi Muhiddin PM dulu. Next next turn GE16 only bagi Anuar_PM Saya become PM and let his ASB fly.

EmperorFund, possible i can pursuade myself that you have your contact to big funders lah. But my humble advise, if they told you, then you remind to retailers. I afraid next time you will lose these friends. So be more low profile is humble advise from my side.

haha, just for laugh only. Now wat can do is to wait loh, if really no patience, then cut down the position to invest in somewhere else.

Post removed.Why?

EmperorFund - maybe you not even "wholesaler" level

Haha

Government Contracts now flooding all the ways. Good sign and hope soon reach Eden.

Nothing can too much except for holding.

Up to 3.36pm 02/07/2020, today
sellers (direct sell to Buyer Q) transactions 52.8m;
buyers (direct buy from Seller Q) transactions 37.2m.

Weighted average price 1.556

If you study the details of each transactions volume, today major transactions are by retailers, except for relatively minimum huge block transactions. Nothing to do with big funds.

Today is a net sell from retailers. After firm up the base (1.55 first defend line drop) at RM1.50, then we just need to wait the upcoming possible scenarios:

1) JPJ Service (Jul)

2) NIIS (Jul-Aug)

3) GST reimplementation (pre-budget Oct-Nov)

In between can expect E-Financing License which recently proposed in "Proposed Diversification".

Back to square.

Retailers A sell to Retailers B. Today trend. See whether MYEG today manage to defend the selling pressure from retailers (i believe some investors bought at lower position have good intention to exit first) or not. If can, meaning new batch of investors can accept this RM1.55 pricing.

Sell yesterday then today fly, apa macam ini

Sometime politically we dont know what happened behind.

Will cut 60% as seem no movement.

Time to review the position.

30 June already.

last call. Going to suspend.

If the concession is not renewable, then this quarter result will also reflect the impairment loss on the system related to this.

Apparently, nothing found in this quarter result.

Wait next round when Parliment re-open back mid of July

Volume when surge in 2 days one day 80+m, another also similar 60-70m

Then down in this 2 days, volume at around 10m per day.

This indicate - Big Investors eat up block shares while Small Retails Investors only speculatively trade and no strong support from small retailers.

Come back to the original point d. Haha.

No support at 0.20. and no volume after a big shark makan (buy） in last 2 days

Yesterday New Minister of Transportation visited Malaysia Kuantan Industrial Park which located in Gebeng also. I believe soon lah the announcement. Just be more a little bit patience.

myself above 0.30

Do a simple survey. How much would you guys sell your Eden on hand?

0.18-0.20

0.20-0.25

0.25-0.30

Above 0.30

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