Wae_Omar,
Encik, are you sure? When was the last time you check the price ?

I 'm the one say the price will be up this week when almost everybody gave-up last week. And I 'm the one say the price is going down starting yesterday when everybody say the price is going-up.

Look at my previous comment you will know the fact.

Looks, I 'm not interested to compete with another retailers. In fact, I 'm trying to share with you guys as retailers on the strategy that big boys have. I 'm more interested to compete with the bigboys. Means, we need to make the right move before they start to make their move.

You just need to be 50 steps ahead than them.

And tell me if there is any wrong in my prediction about price movement on this counter .

Be grateful. At least, some forumers here send thank you note via PM for profit that they have made on this counter.

SHC70,
Look at my previous msg. I bought at RM1.32 and sold it yesterday at RM1.52. Although the profit is not more than 100K, it's enough for me to sustain for this month.

MR WONG THEAN SOON (a substantial shareholder) disposed 3,000,000 shares on 06-Aug-2020.

Owners of this counter including Mr.Wong started selling their share and it could be many reason including believing the stock high enough for them to sell. The question is, shall we(retailers) support the price of selling off since no big boys supporting the price or shall we follow the owners step - start disposing to safeguard our money.

You need to answer this with your intelligence and not emotion.

Having said that, this is a good fundamental counter but Technical Analysis and SmartMoney Apps by big boys including KWAP seems suggest that the counter is in distribution/selling mode.

Which announcement are your referring to? The one that they borrow RM150M to buy a building in Damansara for thier office.

That is not a good announcement.

As predicted, most smart money changed to distribution mode on this counter.

No broker or smart money provide support today. I can only see Retailers and Asia Internet Holdings.

Don't worry. It will open at RM1.51 as set by smartmoney to trap before it reverse.

Because my smartmoney apps make better decision with data but without emotion. Furthermore, my budget is less than 1M per month compared to big boys which more than 1M per day.

This is good counter but today morning, almost all the the smart money (4 out of 5 ) apps setting to sell/distribution mode. So, we need to offload today. Will join back later after receive accumulation mode recommendation from smartmoney .

God luck everybody....

When I check my automated trade apps tonight, all seems to change to sell mode. Maybe the good news trigger to sell mode.

It seems some of the big boys have same indicator as well.

Too bad, I didn't manage to sell today. Hopefully, all the big boys disable thier automation on this counter tomorrow. At least we have time to exit and let them to exit on Friday instead.

It need to break Solid Support at RM7.02 before it can go RM6++. Since the active big boys no longer provide support on this counter, it might happen but not so soon.

Iris was not shortlisted for background check for the NIISE. So, the chances is too slim.

Nokia8250.
Join us to short AncomLB right after the minister make the public announcement later. Hopefully AncomLB can go up higher so that we can short nicely.

Market already know that NIISE project goes to MYEG because of optimisation cost that they offer to government. They can afford to do that because they already have essential resources required for the project. The minister has announced this and you need to read between the lines.

Now, the minister need to find a right time to update to cabinet.

It 's very interesting how smart money create panic among weak holders to allow them to acquire at cheaper price.

Kingston1,

Good if it down further so that we can acquire more. Unfortunately, this company has good Fundamental and Big boys including EPF started buying back.

We should get more last week.

We have cleared some weak holders. It should be ready for mark-up next week.

We need to shakeout all the weak holders before we can mark-up . All of us have quota as well.

No written source and this is not Professional Trading Advise. Just wait for the announcement in the news for the source later.

There was only 3 companies shortlisted for background check and MYEG and its partners are 2 of them.

Iris and connect are not even shortlisted for background check for NIIS. Market already know that more than a week ago.

Doing some shakeout to remove weak holders

The big boys are back at MyEG counter and same goes to us...
Since NIISE project is almost done deals to MYEG, all big boys were accumulating this stock for the past few weeks...

Mark-up activities probably will start soon.

:)
Smart money use a same stretegy and pattern to shakeout weak holders.

But you must know how to read between the lines.

The minister was surrounded by many reporters during the event today. So just wait for the local news.

BlowWaterKing,
Just check with your Remiser. The charges probably more than usual.

Your net profit to long with MYEG probably only RM10K, but if you go for short with ANCOM, you easily can get RM100K. That should be enough to survive at least for a month.

But please take note this not buy and sale call. Please get advise from your professional investment advisor.

You can actually make more money by shorting Ancom after the announcement. Join us..

It's already in the news. But the Minister not dare to mention the selecter bidder name until he announce it to the Cabinet. Some cabinet members already got the hint.

Congratulations to all MYEG Shareholders.
Government has indirectly announced successful bidder for NIISE today.

They have to formalised the announcement to cabinet before made it available to the public.

Today's close is very nice. But now many counters are preparing for damage claim. I hope the legal damage claims not exceed more than 2 Billions.

Bursa could be sued for billions.

https://www.theedgemarkets.com/article/more-technical-issues-crop-bursa-resumes-trading-today

I suggest you guys be ready with bullets to short Ancom after the NIIS announcement. I hope Ancom can shoot more than 500% before the announcement so that it will be nice to short like hownwe did for connect.

Many people know that Government will award the NIIS to MyEG. But government also advise Myeg to use local companies as thier contractors and S5 seems has proven record.

Since Myeg started hiring many good talents including from S5, I think Myeg can work with many local contractors to complete the NIIS project.

No goverment officer dare to do recomendation to award the contract to Ancom although acquired by S5. This is because Ancom does not has proven record and they probably will fail if Special Branch perform background check of the company.

Good luck to all MYEG Shareholders next week.

:)

Looks, even a giant fund cannot control market. I never said I 'm from any of those hedge fund. There are more than 4 agents here on this counter and two of them represent a same fund.

But don't be naive, stock price and actual business are two different things. It 's a matter of you to manage the bots not to be triggered to Sell Off or Mark Up. It's good to have a good network to plan how the market should move. Don't you think so?

Talk to poseidon80 because he think he knows more on this counter. Is there any moment that my anticipation wrong?

When I said I will mark-up this counter, did the price went down?

When I said we will shakeout weak holder on Airport, is it not happen right after I put the msg here? Look at the Airport, it only active after we enter it today. And we will mark-up the airport counter to it's original value - to RM7.

poseidon80 ,
Am I being delusional? As I said, we are not providing support on this counter anymore. We are moving to airport. We may come back.

Since I 'm being labelled as delusional. Let see how delusional I can be on this counter

We are removing our support on this counter. We are moving to Airport

We are removing all the weak holders

We will mark up to RM7 on the airport price later. All the Bot will be set to acquisition mode

We have bring down airport price to be cheaper for you guys to enter. Join the party at the AIrport if you are interested.

Sorry, we have to bring down the price to enter. We will mark -up back later

Having said that, this counter is good for day trade and will be very interesting after 1st July.

tiger2012 ,
:) . You are so funny. They have been using glove to inject even before year 2020. The question is, demand for glove before and after vaccine. Since you believe that you are intelligence, learn history of this counter chart and you can anticipate the upcoming chart.

I 'm not really sure about that. There is reason why some Europe and US are not implementing any movement control. Perhaps, you need to do more research on that.