Logical reasoning. If exchange hits 5.00 watch it skyrocket.....

Exchange 4.59. Waiting at 1.38....come on sell down

If rm is going to be 4.50 and 4.80 for a while, any dip below 1.40 is a buy...

Problem now. Currency depreciation would make raw materials more costly and squeeze margins

2 prong sword. Order books fill up to Nov 2022....

How not pose good QR ringgit is headed to 4.80 plus 200 million cash to benefit from interest rate hikes

See if there's some dumping by the operator. Now not much retail selling pressure nor much buying.
Up to the operator to move it...

Good. Time to pick some

Anyway the decision could tie up in court for years pending appeal just the insurance spare parts case

Only problem on the horizon is the mycc potential fine but IMHO would not be carried out unless the government wants to destroy the poultry industry which they need desperately. So that's the only hurdle.
Future eps ranged from 8 to 12 cents. So should be at 0.80 to 1.20 for pe 10.
Very much undervalued at this juncture.

Now also no selling pressure. How to go down?
Bottom up....

Bottom up

No wonder epf kept selling

No good. Q to Q dropped

Worth 1.60 in 2023?

Surprisingly good QR. Next QR should be better with chicken ceiling price adjusted to 9.50. Next quarter onwards might see eps 4 cents. At eps 16 for 2023. It could be a multi bagger. Dividends too.

Only problem is the my cc potential fine

If 1.90 break down support at 1.80

This time should reach 1.80 and above

The ib boys probably knew about the dividends. Factored in?
Mac sure looks like he stopped buying...

Where's the buyers? 6 cents dividends

IB people has already bought in earlier....

Rhb just recommended it for trading....got to becareful..Lol

Could for investment only

So far no more disclosure on more buying

They stop buying?

Impossible to privatise without major shareholder participating....

Results sucks. Over valued

Buy rate above 90%

Break out

Worse and worse news

Is the share of associate company asset revaluation?

With no order book what's in staĺĺ for this company?

Trap coming up

Can the incoming news be any worse?

Pdts can....

Don't worry about the artificial roadblocks

Time to reenter. Shorties have to buy back yesterday's volume soon. Should be uptrending in a few days

Possibly red in the coming QR. Strong indication in the trend.....

Maybe major shareholders not reporting their transactions, after all with the current government who's is actually working?

Rebound

Stopper in place. Quite likely a rebound is coming...

Unless the operator sell themselves doubt there is enough retail participation to push further down. Let's see....

Will the operator push further down or drive up from here? Potential double bottom formation....LOL

See? Manipulated. Dollar stock Ipo penny stock now

See the supply needed. Queue sell plenty volume how come they don't throw to the buyer?

Think largely retailers are not in. Only the operator buying and selling

Drop 1 cent every day. Plenty of selling queue.

Right hand sell left hand buy. Beware

Drop more than 50% since ipo work of shorties? Doubt this can happen without major shareholder involvement

No sign of any buyback

Shorties have to buyback too....

Short sellers won't be too confident without the backing of undisrupted supply of shares