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Even att RM 1.80 is very very much overvalued.What fundamentals to support at this price. Only gullible and foolish investors will buy such shares by following the blind.Like the blind leading the blind.Why keep chasing such counter when there are other better stocks and shares from the markets. Be smart with what you money.Money don't grow on trees.

Gullible investors buying such overvalued and overpriced stock or share has allowed the company to issue long term incentive benefit at only 0.17 cents and in the large number - 2million,1 million units to their directors.Not forgetting that this company is loss-making for every quarter for the past six years and the personnel that enjoyed such benefits were just appointed two years ago.Even for the profitable company such action will not be made.Any of such benefits will be properly pegged and the price carefully fixed not only for their personnel but also to discharge their corporate duties and obligations in the best interest of the shareholders - minority,retail and public.Approvals will only be given if the company is making increased profits and the personnel that enjoyed such benefits have excelled and met the key performance indicator(KPIs) agreed. Any non conformance will cause the personnel to enjoy a smaller package. With such information disclosed as reported will make me avoid such company altogether.Not worth a second look.

Securities Commission (SC) as the equity or stock market regulator should designate such unusual stock price movement and capped the price for a lengthy period.SC should be seen as doing their job effectively and well to ensure a proper and regular functioning of the market for the investors from the retail and public. No logical or sound reason for the price to spike from 0.74 cents to more than RM 6.00 in a short period of time. Such stock price pumping up is not in the best interest of the retail and public investors. SC has to discharge its duties as in the existing securities regulations without fail.

There is a limit to any upside to any stock price. It is very plain,clear and factual even at today price RM 5.82 the stock is very much overvalued. Only the gullible and the blind leading the blind will ever buy and pick up such overvalued(no clear fundamentals). At such a price one will go for TM, CIMB or many others from Bursa Saham. Reality sounds, best to avoid the stock at such ridiculous price and moves on. Sorry for those buying such overvalued stock and marking huge losses on their hands.

Opines the PP new share placement at RM 3.20 just 0.06 cents over market price at RM 3.26) is fair,transparent and judiciously managed consider the existing and market shareholders in the company's stocks.

>Under its proposed placement, Inari will issue up to 333 million new shares — which accounts for 10% of its share capital — to third party investors at an indicative price of RM3.20 a share..
>In a bourse ling, it said it is in contin- uous discussions with potential new cus- tomers within the semiconductor industry to provide OSAT services. And as part of the negotiation process, the group may be required to commit to substantial invest- ments in factory t-outs, and to acquire and install new manufacturing equipment and additional production space to secure new customers and or long-term supply orders.
As such, Inari Amertron said it is crit- ical that it secures the required funds, so that it may expeditiously carry out any ca- pacity expansion plans while putting it in a better position when negotiating with potential customers.
It added that it will be using the raised
funds to accelerate plans to acquire and invest in “good value, high quality and complementary semiconductor and OSAT related companies and assets” that can gen- erate sustainable revenue and earnings growth, good profit margins and good returns on invested capital.

Deduction: Can collect and invest. A well-managed company unlike many other public listed counter where the new share placement like PP is ridiculously at the low price,issuing ESOS or long term incentive plan without considering the shareholders' greater interests.One should note that IF the new placement like ESOS,PP or long term incentive plan were not fairly managed such actions will devalue the share prices!

No logical fundamentals - financials,etc why such non-profitable and mediocre counter price can spike so high unless it is cornered,played up and manipulated.Time for SC to designate such counter to prevent further losses to the retail investors.To put in short irrational exuberance.Today unfortunately caught many gullible players who just follow the crowd and get caught blindsided.

No chance for it to fly but high probability the price will trend further downwards.The SMA10 had crossed the SMA 200 signalling a death cross.MACD graph also not supportive of the price uptrend even though of strong & high volumes this trading weekdays.Just to share from the Technical Indicates as appended here. https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7191&mode=1D

@wallstreetrookie at every quarter when the major companies in USA made their quarterly earning reports the corporate investors will be watching what their increase revenue streams, profits,return of equities,earnings per share,etc before they start to accumulate more of their portfolios again.If those companies failed in their financials then the sell-down of their stocks will come fast and thick.No mercy.That similarly apply to those mega-giant IT companies listed on NASDAQ. And their PE is about 12-16 even with the stupendous pice jumps in stocks.

A2. But over here if our Bursa Saham KL (BSKL) is properly regulated, NO reason for a loss making company losing money year after year to see their share price spiked and skyrocket in this ridiculous manner. Why not the share of TM jumped up because they are also one of the cloud computing partners with Amazon,Microsoft,etc that was recently launched and announced.

A3. Something is clearly amiss here.

A4.From my lengthy professional training,exposure, and expertise with the government I can clearly observe that this share price jump up is manipulated,and played up. For those unwary and gullible investors who have NO inkling and proper knowledge about the market price trend will be caught badly.

A5.Before it happened that the reason why I made a note to the SC and the press. Hope to see some semblance and proper governing of the market.

Perusing through the latest announcement on 3.05.2021 the new shares for so-called long term incentive plan was priced at 0.17???
As one of the market players you decide:

Changes in Director's Interest (Section 219 of CA 2016) - DATO MOHD RIZAL BIN MOHD JAAFAR


Changes in Director's Interest (Section 219 of CA 2016)
DATAPREP HOLDINGS BHD

Information Compiled By KLSE

Particulars of Director
Name DATO MOHD RIZAL BIN MOHD JAAFAR
Descriptions(Class) Ordinary shares of RM0.17 each

Details of changes
No Date of change No of securities Type of transaction Nature of Interest
1 26/04/2021 2,000,000 Acquired Direct Interest
Name of registered holder DATO' MOHD RIZAL BIN MOHD JAAFAR
Description of "Others" Type of Transaction
Consideration (if any)

Circumstances by reason of which change has occurred Exercise of Long Term Incentive Plan
Nature of interest Direct Interest

Total no of securities after change
Direct (units) 2,124,200
Direct (%) 0.317
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 03/05/2021
Date notice received by Listed Issuer 03/05/2021

Announcement Info
Company Name DATAPREP HOLDINGS BHD
Stock Name DATAPRP
Date Announced 03 May 2021
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-03052021-00004

@wallstreetrookie me not protesting BUT the price increase profile has shot beyond its prospective forward earning from its latest acquisition. Unlike glove counters during last year onset of the pandemic the 4 top counters Hartalega,Topglove,Supermas and Kossan have their share prices increase by between 300- 1,000% from their prevailing value. That's because the huge prospective earnings to be accrued from the increased "Agreed Selling Price(ASP)" of the gloves have also increased dramatically when there were huge demands which cannot be met fully by them. Their latest profits recorded by four of the top glove counters are in the billions. Whereas for Ocean such price movement is clearly the act of irresponsible manipulation - can be easily discerned and proper action by SC has to be taken now.

Strongly put forth that there were NO logical and sound reasons for this medium capitalised and loss making counter (with negative ROE,negative EPS,etc ) to shoot up dramatically the last two days. Apparently looked like because of its small public free float in the market provide opportunities for the syndicates jointly or severally acting in unison or concert to manipulate dan control the market price. Even IF just because of the recent investment in a software solution company for RM 20million that caught the interest of the market should not cause the SHARP price movement to tend and move this irrational way. Time for the Securities Commission (SC) as there gulator to step in and designate the counter to prevent further irreparable harm and costs to the investors especially from the small and minority shareholders.Written report has been made to SC for their action. No cause for such irrational exuberance for the stock price to skyrocket!

@papaxs opines the counter Harbour Link is still in the consolidation mode.RSI trending below 50. Last week price weak. From the financials this counter is sound. Share issue : 140.04 million.Most likely the price will stay at the current level. View the charts to know more - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=2062&mode=1D

Read all about PP (Private Placements) for those interested. Any stock that embarked on such exercise will cause the stock value to fall.That happened even for good counters like Serba Dinamik,Luxchem and many others. Thus IF a poor performance company like AT,Ocean etc were to raise PP, time for the investors to exercise extra caution. In short know the corporate development around the counters that you are buying.Source; https://www.thestar.com.my/business/business-news/2021/05/01/be-cautious-about-share-placements

@Albukhary our steel counters Steel,Ann Joo,Master,etc are very bullish just one hour ago.Likewise for Pmetal,Alcom,LbAlum,etc.That in lieu of the great global commodity boom. Wall Street bankers expect the commodity prices to run until second quarters.Source : Bloomberg News.

Look up at the Technical Chart as appended. If the SMA 200 crosses that SMA 10 incoming days it will from a "death cross", and hence expects the stock price to come down.Price support and momentum strength from the MACD and RSI still supportive of the price.Will not expect a bullish run unless present market sentiment improve. View the charts - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7191&mode=1D

@gjong1987 this is a highly speculative and manipulative counter. Be selective with what you are buying and investing from the market. Financials fundamental weak. Negative EPS,negative ROE and no dividends. Recent days three(3) long red candles were formed like dropping raindrops. Perusing through the technical chart as appended SMA10,SMA 200,MACD,RSI and also the profits made very quarter expect the price to fall and drop further to the fair level(historical) price around 0.80 cents.Net tangible asset(NTA) only 0.92 cents. View the chart : https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7218&mode=1D

Invest wisely.

Quite a number of persons here were trying to lead the newbies(who are new in the market) to follow without any sound basis.
A2. Just like to ask them to tell us three(3) reasons that the stock price should rise higher from Rm 1.81? Investing is just NOT looking at the uptrend or downtrend of the stock price every day.It is more than that!.
A3.Gunakanlah kebijaksanaan bila memberi ulasan dan komen berasas supaya tidak meragukan pihak orang ramai. A4.Melabur dengan berhikmah.

RSI for the stock is currently below 50 mark and the prevailing price is on consolidation phase for the last several days. IF other glove stocks up expects the stock to follow up today. Current financials,EPS,ROE,profitability every quarter good. To know more view the price chart - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7803&mode=1D

The share price to be honest should downtrend and settle back to the fair price at about higher than its historical lows of around 0.17 cents. At the current price of RM 1.81 it is very much overpricedAnd what more hoping it will go higher and higher.What financial fundamentals to support the high price?.That basing on the analysis of the technical chart as appended here- https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=8338&mode=1D

Just to share for the newbies(new investors).

Minority Watchdog group(MWSG),The Star and other media have written and published good sound advice to the general public to be careful with those counters that have their prices suddenly chased and spiked up with no sound fundamental reason.

Good luck to you if the share limit up tmrw. But strongly think even at the present price the share is already very much overvalued. I will advise anyone who follow you to be very careful and don't be caught foolishly holding the overvalued share.

And do look at the financials - revenue streams which were always static, losses every quarter,negative EPS,negative EPS and to know more take some time to read through the company report. Be extra careful with your hard earned money.

Come on any ESOS,long term incentive benefit and private placement placed out are not in the greater interest of the minority shareholders who are holding the shares from the market.And that made at the great price differential to the prevailing share price.Shares that you are holding devalued.By all mean response but do it with sound fact and basis.

@xiulong what basis that you make you say the price is cheap now?If based on the available published financials from malaysiastockbiz the stock is presently overvalued or overpriced UNLESS there is increased profit flows for the company. To know more append the extracts here :

WIDAD Financial Information
Market Capital (RM)
: 1.368b
Number of Share
: 2.737b
EPS (cent)
: 0.15 *
P/E Ratio
: 333.33
ROE (%)
: 2.14
TTM Profit Margin (%)
: 4.7
CAGR - Revenue (%)
: 30.5
CAGR - PAT (%)
: 9.3
Business+
: Member Only
YoY Score
: Member Only
QoQ Score
: Member Only
Dividend (cent)
: 0.000
Dividend Yield (%)
: 0.00
Dividend Policy (%)
: 0
NTA (RM)
: 0.070
P/B Ratio
: 7.14

Correction : Net Tangible Asset (NTA) = RM 0.05 which translates to 5.0 cents as from source : https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=8338

Advise those who have bought the shares to take profits(if any).Looking at the company's financials at the present share price of RM 1.81 is already very,very and very expensive(overvalued).When basing on information from malaysiabizstock the net tangible asset(NTA) for the company is ONLY 0.05 cents.Please don't be gullible and blindly following the crowds.A number of information disclosed by bloggers and others about the prospective profit flows in the billions arising is work of fiction.Surpised me when at RM 1.81 there are so many other good counters from BSKL that one can safely put money in.Think HARD!

Cautious trading expected on Bursa next week. Read from source -https://www.theedgemarkets.com/article/cautious-trading-expected-bursa-next-week

Cautious trading expected on Bursa next week. Read from source -https://www.theedgemarkets.com/article/cautious-trading-expected-bursa-next-week

Financial track records - poor. Read from source - https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=8338

1.This is a speculative stock and has been hovering around RM 1.00 for several years before chased up to RM 5.15 (highest price breached before profit-taking) mid-year last year in 2000. Presently,the price is RM 2.26(closing).Number of share issued about 152 millions.
2.The company is in the health care business and financial track record up and down(marginal average).
3. Positives - at least this company does not make private placement (PP) at discounted price and devalue the stock price at the expense of minority shareholders. Also no information on big ESOS awarded to the staff and personnel.
4.To know more bout the company - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7191&mode=1D
5.Basing on the technical charts -SMA 10,SMA 200,MACD and RSI expects probably the stock price to trend upwards.
6.Caveat emptor- be careful dispose off the stock holdings IF the stock price is RICH or overvalued.Remember this company has negatives EPS,ROE presently.

When investing or buying stock or share from the equity market the public must also know the background of the company; Who are in the Board of Directors (BODs); The type of business they are in; Financial track records; Remuneration and incentives paid to the BODs; Forward earnings,etc. It is NOT just simply following the daily price trend and chase after the price sky-high.In the end such investors will lose back ALL the earlier gains made.Such stock investing or punting approach is NOT sustainable in the long runs.

2.Try to have a word with your investment brokers(remisers) and learnt from their experience. They can teach you some painful invaluable lessons.

3.Just to share the story about Elon Musk from Tesla.He was awarded stock options amounting to US 28 billions as in 2018 remuneration package agreed (Source: Bloomberg News,USA)because the company he helmed and captained makes bumper profits recently and not otherwise.Likewise for Apple,Amazon and many others.IF say the company has been losing money year after year(or every quarter) and the Directors were just appointed about three years ago, and yet awarded big stock incentives at the lowly price- underpriced to prevailing market price what tells you!

4. Read more and be wary eye before putting your money.

5. https://malaysiastock.biz/Company-Announcement.aspx?id=1230719

@papaxs normally for any company that made Private Placement(PP) the shareholders will react and drive the share price down.
Reasons why the fall: 1. More new shares were issued at the discounted price and affect the present stock prices reached after adjustment for news issues. Dilution effect.
2. Affect the EPS if the company is profitable.
3. At times the ways PP or ESOS are managed cause destruction to the interest of the shareholders.Detrimental to the minority shareholders especially.So be careful with what you are buying.

A company NOT making profits year after year and the financial performance in the doldrums and yet reward the personnel with ESOS! And that at the huge price differential to the prevailing market price.Opines for such company I will avoid buying the shares.Word of caution- be careful with what you are buying and investing from the market.

@mf normally for any good corporate company the ESOS is tied with the current or prevailing company's performance.If the company perform poorly then such approval for ESOS will not be approved or sanctioned.That's is part of good,progressive and diligent corporate governance.Thus looking at the facts and information disclosed it devalues the interests of the present shareholders' holdings with the new issue distribution. Such announcement has to be perused closely before putting money in buying decision. Just to share.

@py1818 don't be rude and uncouth.This apps is an open platform and everyone interested can write,post and share their viewpoints freely.Some of the facts may NOT be to your liking but why protests.The apps is NOT owned by you or manage by you.Poodah.

@trader168 basing on the Technical Charts - SMA10,SMA 200,MACD,RSI and the recent adverse development on the bank its stock price will be trending downwards.Additionally,in the midst of Covid-19 pandemic portending dire challenges ahead such double blows will hit the bank stock price performance in the immediate and medium term.Best to let the matter as reported settled down in another 6-12 months before buying back and accumulate the stock.

Transocean drop 0.89 cents presently! What baloney taking gullible investors for a ride.

Will this stock be like another Transocean and makes make gullible investors in the market pauper!. All simply for following the herd akin to blind leading the blind. Look at Transocean price movement as appended here - https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7218

Tomorrow LOTTE will continue its price uptrend.Supported strongly by the stock price charts,SMA10,SMA200,MACD and RSI. The momentum for the surge is still intact barring any adverse global development.Good luck.To know more open the link appended here - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5284&mode=1D

From The Edge CEO Daily - AmBank to book RM1.79b impairment in banking and investment biz after 1MDB settlement
BY ARJUNA CHANDRAN SHANKAR
theedgemarkets.com
KUALA LUMPUR (April 28): AMMB Holdings Bhd (AmBank), which announced a RM2.83 billion settlement with the Malay- sian government earlier this year over its role in the 1Malaysia Development Bhd (1MDB) asco, said it will be booking a one-off im- pairment charge of RM1.79 billion in its con-
ventional and investment banking businesses for the fourth quarter ended March 31, 2021. The banking group will also be record- ing a RM148 million impairment on the carrying investment in an associate (REIT
impairment) in its 4QFY21.
These non-cash items, it said in a bourse
ling today, will have no impact to its reg- ulatory capital ratios and does not impact future earnings.
But these impairments, combined with its 1MDB settlement with the Ministry of Finance (MoF), will result in the banking group posting a net loss for its FY21, it said.
“Credit ratings of the AMMB Group are expected to remain unchanged as a result of these impairment charges,” it added.
In February, AmBank announced it had agreed to pay RM2.83 billion to the govern- ment as settlement on all outstanding claims and actions in relation to the banking group’s involvement in the 1MDB graft scandal.
Shares in AmBank closed 1.34% or four sen higher at RM3.02 today, valuing it at RM10.01 billion. It saw 3.64 million shares traded.

To know more about the company read from this link - https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7218

Opines no fundamental reason and basis for this stock to command and fetch such a rich valuation at RM 4.80(today's closing price).

That when:
1. For the past many years since 2012 the share is trading on narrow volumes and hovering within the RM1.00 price rand which is close to its NTA at 0.92 cents.
2.For several quarters now it has been reporting losses. Negative EPS,negative ROE.No dividend payouts to shareholders.
3.The number of issued shares issued only at 45.10 million and hence easily "manipulated".
4.What major t corporate development news from the company to cause the share to starts moving up since 15 April 2021? I can discern nothing positive.

In short the regulators like SC and BSKL should come down hard on such unusual stock price movement bordering on irrational exuberance to safeguard the wider interest of the investing community. The regulators have to play their mandated duties and obligations.

@sillyPoster fully agreed with your opinion. Yeah,why talk and delve on price support and resistance for the stock when such mediocre stock price uptrend is totally and utterly irrational and has no basis to fetch such rich value.And that at today price at 1.85 (closing price).

Additional points @Gainzz. In Malaysia,there were many so-called Memorandum of Understanding(MOU) or Memorandum of Collaboration(MOC) or Memorandum of Agreement(MOA) signed. Out of more than 1333 so far,only 5 successful and 8 aborted.If the deal as written by the blinkered blogger is so good then why MOC.Just formed a joint-venture(JVs) to bring about certainty and commitment to the proposed deal.
Additionally, the government is running out of money.Lately the government of the day has to raid the National Trust Fund for RM 5 billions.So the billions as disclosed by the blogger from where?To the uniformed be discerning on the news coming out from the blogs.
Lastly,money don't just fall from the sky.
Just to share.

@Gainzz dreams on. Perusing through the response made to the regulator(s) nothing pertinent,objective, and material can be ascertained or can be adduced. The blogger who wrote the high sounding article on the company is just a hogwash! Opines, he must be writing with blinkered eyes. As for me it does not convince me at ALL, and the present stock price is too rich and overvalued.Don't be caught with your pants down chasing after the stock when MSWG has also advised investors,punters and the investing public to exercise the highest caution in buying such overvalued share from the market.Caveat emptor: Knows what you are buying and not just follow the crowd. Be a smart and savvy investor,my humble advice.

All the technical charts - RSI,MACD,SMA10,SMA 200 were sending weak price signals not supportive of the price momentum and uptrend.Today up 0.05cts does not signify any uptrend for tomorrow.