there REALLY should be a Mandatory General Offer. I don't know why that hasn't happened. Maybe he applied for exemption.

@investsucessstrader do you mean 0.04 is a good price to buy in, or that it's very likely to go to 0.04?

looks like mtr is dead, no up no down no volume, now just stuck at 0.055-0.060 for who knows how long... oh well...

thanks fairways, found it!

@moneykj wow, eastland is now climbing as you promised. I regret doubting you and selling it off now!!! :(

you could buy mtronic for just 2c back in march and april...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3097772

oops. cita disposed another 32m on friday. now only left 190m.

... strange that pang, mnc and sanichi have not disposed or added any though.

you can PM people? How do you PM people on this site?

next he will tell us that anwar, mahatir, trump, biden, are all his ex-clients, and ppmaster's net worth is actually higher than the Sultan of Brunei

50% of customer profit, ppmaster saying he is some bigshot marketplace veteran... who now has nothing better to do than slumming it out in the forum of a goreng penny stock? ... funny.

nklye the trouble is that substantial shareholders are allowed a couple of days before they have to inform bursa. It should REALLY just be automated and be updated in real time. :(

I followed your tip and tried going into eastland. Got out again when it seemed like there's no volume, no action. Lots of support at current price though, so unlikely to fall further, so yeah it's got a decent chance to rebound. Trouble is that non-existant volume might also mean that the story is over and it's been abandoned?

moneykj is obviously not billionaire, if a billionaire was aggresively buying metronic, all free float shares already snapped up and share price fly to RM10 lol... at current price of 6 sen, you could buy all of metronic for under RM75m. :P

"But gloves business isn’t going to decline." you serious bro? just look at the past track record of glove counters after H1N1 finished, after SARS was over, etc. Demand fell back to pre-pandemic levels, revenue and profit crashed, and the stock prices all fell. You think that covid will be any different?

I praise genting for NOT following the herd and going into gloves. All these companies which pumping money into gloves will DIE once pandemic is over. The production of gloves in 2022 is going to be more than double that of 2019, you think there won't be a supply glut? Dream on.

@ppmaster so which are you? multi millionaire or billionaire?

target price is 4.5c... sell to me at 4.5c please.... I think moneykj's TP is over 1 ringgit. :P

seems to be heading back down. maybe this week I can get my 4.5c

CURSES!!! I have been queueing at 4.5c, why did it stop going down today??? Why does it not keep going down to 4.5c ??? ugh.

note that those warrants expire in april 2022. so I'm not sure about the "low risk" part.

seller successfully closed it at 0.055... margin calls incoming tomorrow, gap down.

newmaster and ppmaster not the same person?

the 0.065 volume today is like 100m shares dude.

@moneykj ?

I'm STILL waiting for "changes in substantial shareholder" announcement...

"take a gamble why not ? for fun" -> because some people bought on margin and are going to go holland.

no volume lor... i think it's stuck at this level.

might drop to 5-6c after all, it seems. the massive 47m roadblock at 7c yesterday is gone now. can drop down below 7 any time.

2019 annual report, I think that 70% of the shares are held by the top 30 shareholders. for 2020, I guess it will be almost 80% lol

various buy costs, various sell costs. And I'm awaiting bursa to release "changes in subtantial shareholder" for the carnage that happened over the last 2 days.

https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=0043

Pang, Cita Realiti, Sanichi, MNC wireless.

(tan sri has it at 7.5c): -> no he doesn't. he sold off everything. he's not a substantial shareholder anymore.

there've been a few people selling at 0.07, but hardly anything. So it's pretty stable at 0.075 right now. ... how long that will last, I don't know.

i mean I don't think it will reach my turn.

i been queueing to buy at 0.07... I don't think it's going to trigger.

if you think it's going to 6c, then you should sell now at 0.75, and buy back later at 6c. Average down for what?

as some people noted, cita realiti and pang, etc, bought on margin. ... the question here is, have they already offloaded everything and now they don't care about mtr price anymore? or they still have a lot of share tied up here? hmm...

so that's 3m shares disposed on friday, and 5m disposed on monday. too bad that these Changes in Sub. S-hldr's Int only come a few days later. :(

cita disposed 5m shares on monday... https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3096284

back to 105-110 zzz

i feel like today gonna be another bursa announcement about substantial shareholder lol

top volume on bursa but this mother stuck at 0.110-0.115, and the son fell back to 0.035-0.04. zzz...

apandi? pang + apandi???

Touched 0.125 mother and 0.05 son. looks like it's consolidating a bit at this level now

cita disposed 3m shares last friday huh

eh. or it could fall back to collecting at 0.09c again... moneykj will be happy? What do you think will happen?

@hangpa1993 10,000 lot = 1 million or 10 million shares?

@moneykj too bad, metronic moving, and eastland didn't...

nah dude, mtronic is forever a food counter. Goreng Goreng Sedap. ... wait is that why his name is "pang"? :O

@moneykj wait you mean you are planning on buying into metronic at 10c? hmmm.

@moneykj but eastland is stuck at 0.10 still, so not so super short term after all... well, it's only monday though