Any good news on this?

Funny. If the R n R are selling low what benefit they gain? Is this counter subjected fur Short Selling activities?

If they need to raise 100 million thru 49 million shares ( 10.8 percent) the price per share shud be Rm2.05. 10 percent discount shud be 1.80. Now the price is 1.64.

Looking into most of the penny stocks, I wud say that it was mostly goreng counters. One two day up then downtrend. If you want to buy these stocks u must hv time to monitor it.
Raziff - you had made it big. You can hold if you are not short of funds for other things u need. Indeed if you can monitor it, you can sell on high n buy back when profit take. A few rounds of it can maximize ur profit too rather than years waiting. Anyway, u do not need the money then is ok.

Hopefully today will be the same like the last 3 trading day. They will push it up higher than yesterday closing.

Every evening they will push up with heavier volume. This stock was on the radar now. They collected cheap in the morning n towards the closing they will jack it up. Hopefully, the trend change tomorrow.

First thing in the morning jump 3 cents than pause.

All the directors were getting ESOS at so low price. The last 2 weeks we cud see the price dropped from 50 cents to 30 cents. Directors were selling off. Hopefully, more stable now.

Good time to accumulate. On the dip.

What so important about who all the board. There were many in and out n the price still remain the same. I guessed without those speculators it goes nowhere. There are too many counters out there for them to make fast bucks rather than punting n wait till ages.

Look at the gloves counters. Look at Kossan. Huge profit of 1B quarterly yet it did not make any impact. Well, you can just hope for good dividends instead of the appreciation in its price.

When the small fish starts to hoo haaa the shark just waiting for a bite. The more flowing in the more laugh they will hv.

Most time the price will drop after ex date. Just hope it never drop more than 4cents.

Dropping it seems

Why it dropped so much?

Epseps, just saw the letter sent to me. It will be at level 6 Weil Hotel 28th May 10am Ipoh. Signed by Khoo Chin Leng

All factual stories from all of you. All data's on hand too. There are many good profitable counters at Bursa but their prices are still reasonable.
However, there are those who are in red yet they are the popular stocks of the day. If you think of making fast short term then you hv to be very alert on the stocks which being played almost weekly. Example Careplus. If you follow it closely you cud gain contra 2 to 3 rounds on the same day trading. Most important u must hv some cash to take it up If not reaching ur expectation.
For fundamental, go for profitable n potential stock. Expect some good dividends n perhaps bonus shares etc. It is up to investors to see what they really want. If you want to be speculators go for those speculative stocks.

Normally it will gradually going up before the ex date. We only hv next 5 trading day b4 the ex date on 10th May. The price will drop upon ex date. Will expect some upward movement early next week until Thursday. 4 cents interim dividend is encouraging. The bod might declare another interim dividend later of the year. It depends on the incoming AGM in Ipoh.

Allenlee in the Line too. But in the Line to sell off its share for quick gain

The profit taking after 4pm was a great sign. It will not be so many to sell for a short gain tomorrow. We can expect buying interest on the uptrend tomorrow.

The buying non stop. If by today it closed 88 cent with huge volume the next will test 96 next by next week.

Ucrest had inked China provincial Healthcare projects. That is long term prospect. There are more cards to come. Russian Spuknik is just an add on gems to it. Accumulate on any dip. Will try to go in more if come down to around 40cents.

It is not final dividend n iit is nterim. Next quarter they might announce another interim if they hv the capability to. Will see the upside of this counter. Those contemplated to go in last few days can board on today train. Just another 2 weeks it will Ex. 4 cent in the pocket. This morning it will jump up n hopefully towards the 9th May it will hit Rm1. 00

Great news. Expecting it to come to Rm1 before ex.

Most of the Glove Counters on the rise the last whole week except Rubberex. Hopefully, it will rise to catch up with the rest.

Shud buy when dip

Profit taking has taken place before noon. Normally profit taking happen in the late afternoon. After lunch, if it can sustain at present level around 18 to 19 then worth to buy. Keep it temporary until the news materialised.

If cud determine institutional player accumulating it then buy. This industry will boom in matter of months or a year. If they cud penetrate into China market as well as the Russian Vaccines it will be a huge potentials

Buy n keep it either Keyasic or Ucrest. Imedic is the future trend n will go big. This Eg guy knew his job well n he will be there as one of the top player. If it dips today it provide good opportunities to accumulate since both counters had some potential business proposal pending with the China side.

Looking at the transactions done the whole day

It went up to 29 cents in the morning. At 4pm it still stand 26cents. It only start to slip from 420pm onwards. The last 10 mins 4.35 to 4.45 it slipped down to 21 cent

There were lots of transaction at 26 cents. Since it only slipped from 420pm onwards I guessed it was just a normal profit taking which looked positive. Will expect it to rebound after short profit take in the beginning of opening bell.

Those who bought yesterday most probably will contra it off this morning. Hope for the best.

So shud collect it now since the counter so actively traded. Might hv changed of ownership.

Buy buy buy

https://www.theedgemarkets.com/article/kossan-earnings-top-rm1b-first-time-latest-1q-results-covid19-demand?type=corporate

Dropped to 28 cents just now

Tomorrow will jump in the morning with the 1 for 1 bonus shares.

Buy into it n expecting to surge within 3 weeks. All those medical related technology stock will get a boost.

The announcement will come this evening perhaps. After 3 days of rotting it cant go much lower.

Buy when dip. Look like the same group of speculators goreng all the Gloves shares. The Fund Managers not really into it as yet though the price are attractive.

Buy now. Tomorrow will surpass 90cent n next week will test 1.00 again.

Closing 140. Tomorrow surge over 150

The Gloves stock goreng by the same group of players.

Hopefully another drive will surpass Rm1. 00.

1.21 now n not too late

Both R bought quite substantial last week at around 87 to 89 cents. They might be purchasing more around this price 90 to 93

Alpha jack

Who's money you going to make or the syndicate going to make your money once you punt in?

Nosedive within minutes from 85 to74

Short sellers manipulated it.

What is the target price?

So will it be good buy? At what price now?

Qatris, the company is a good company. It is a profitable company with potentials. If the speculators controlled the markets even the bosses of the company can't do much not to mention a professional analyst. Look at Top Glove itself Tan Sri had bought his own shares n indirectly having 34 percent stake in the Company it still nose dives. Well, those who can't hold definitely will feel the blues. I m not a speculator.

Short sellers had covered back their positions and we can expect upward momentum coming week. Those bought high the last 3 weeks can average out now. Expect to be on green zone this afternoon. Volumes transacted increased too.