No hope..

is it a good closing or bad closing? touched 17c today..

next week action..

https://www.theedgemarkets.com/article/sabah-minister-hopeful-national-digital-network-will-be-implemented-state-planned

Quote:- Earlier, Prime Minister Tan Sri Muhyiddin Yassin announced that the government would develop a digital infrastructure plan known as Jendela in an effort to improve the country's digital communications under the 12th Malaysia Plan (2021–2025)

No idea, however, the price is at oversold condition..

quick question to insiders.. Why the large shareholder names who disposed the shares are not being mentioned, or is the news being delayed?

looks like falling again..

esos will dilute the shares price with more shares being traded in the market.. need to wait for the price to fall further.. 60c is possible..

https://www.thestar.com.my/news/nation/2020/10/30/umno-says-budget-will-be-passed-meeting-ends-with-no-talk-of-cabinet-reshuffle

perhaps there will be some good news since the Tan Sri bought it..

also don't be con by the buy volume. those volume were there when it was 21-22c too.. be cautious

better dump and wait at 19c and below, looking at current trend..

i think cash out now better.. doesn't seem to be comfortable..

not sure if you guys notice, the shares being sold at 20c at 500 lots bulk when it gets lower and lower.. more like disposing, be careful if want to re-enter..

it has been pushed since yesterday and today.. must be a good strong news breakout. The ministry said COVID will be priority, so for sure allocation has been made in Budget..

its seem like today will limit up for this counter..

Wa is not being favored? still idle at 24c (+8c = 32c mother share price).. seems really off..

better wait at lower price. i foresee yesterday buyers or sellers who haven't sell will lose due to play by shark.. might hit 19c again, just be careful..

i cut at my entry price yesterday evening. thought it will take some time to go up, haiz.. missed the boat.

Plus, there is no dispose news yet. all this while referring to acquired status..

let's see this coming week.. many shares has been listed for private placement & ESOS in the past weeks. must have a good reason for this unless the shareholders/directors wants easy profit from the current share market price level.

read between the lines and the company backgrounds... expecting a big turnaround
https://focusmalaysia.my/mainstream/who-owns-this-company-vying-for-rm1-5-bil-immigration-system-tender/

looks like already over.. plus market is bad and expected to be bad this week..

who wants to buy when it trades at 5c/6c when large shareholders are not keen to play? Eventually the small retailers, they themselves want to cash out and it lowers the share price beyond 5c. Good luck for those holding. It was wrong time for not getting out on-time, burnt our fingers.. could have sold it on Wednesday evening/Thursday morning itself..

https://klse.i3investor.com/servlets/ptres/57191.jsp
https://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=MAHSING-C24
this warrant seems to be undervalued compared to other warrants if someone wants to invest small..

just my views;
look at another counter https://klse.i3investor.com/servlets/stk/chart/7017.jsp Komark which gained from 25c to RM 1 today just because of selling face masks from packaging/labelling business. If another HC counter can gain, why not this counter.
so, buy a little and observe but with the current HC market trend, this counter going to get limit up very soon/asap and reach at least around RM 1.35 before deciding next action course. Why would some large company such as this counter wants to get into fight against other established counters/company? reason = money is flowing there.
Invest small and get some cash in return and come back to actual portfolio (property market) once economy recovers and Covid ends. In the end, it is sure win game. Next 2-3 days, if the investors trust this counter, it will easily limit up. if sudden large volumes pushing up and down, but still hovering at 90c to RM 1, it is a game by large shareholders to scare off the market. lose around 10% in a 2-3 days if goes down to 88cc from RM1, but what if trend goes all the way up? Mind game.. happy weekend guys..

if it is being the same trader running this company shares, please check the sister company shares trading. all showing similar pattern. Earlier today, no recovering sign and had to cut loss around 25% but better than now or next week if to sell at buyers at 6c, 35% loss.. capital might be freeze for a year but no one can say what is the next low, it can be 6c or 5c or as low as early this year around 2c and the gap up maybe 6c. so you might want to wait until very low before averaging and then wait again for another sell time..

seeing no traders buying at 7.5c worries.. had to cut loss now rather than later..

we need to make the chart and price attractive.. no point buying high and selling in low.. buy in more now will stimulate the share price. treat this share as economy. to attract buyers, it needs to see growth. fight against 7.5c and break it to 8c and so on.. eventually it will come up again. if everyone scare off and run or sell in low, share price collapse..

who dares to cancel off all their sell at 7.5c to 9c and push the price up? require lots of teamwork..

dropping..

so now rebound?

https://klse.i3investor.com/servlets/stk/annchsh/0043.jsp?type=All

so may I know who is the substantial shareholder and what is their buy cost?

just my views:
so 45m shares to buy at 7c, and that's like RM 3.15m and if being sold at 7.5c, it will be RM 3.3m.. if those larger traders were after quick money, they would have sold it as how it happened from 11c to 7.5c. Guess 7.5c has a realistic value for them. Tomorrow, might stay again at 7c/7.5c before next action from the traders.. If it is too scare off traders, they have done well.. if no one has bought their shares from 11c to 7.5c, these traders would have no one to sell it off and price would have stayed at those 11c level but they would have played it with their own cash team.. next few days might be sweet or sour memories.. right now, we have good amount of buyers at 6c to 7c, and these buyers might either newcomers, averaging, or sold off at higher price and queuing to come back at lower price.. not a surprise if tomorrow it moves to 8c or 9c to cancel off the effect from today and yesterday's trading..

some info on the base share price (tan sri has it at 7.5c):
https://klse.i3investor.com/blogs/walaomoney/2020-06-02-story-h1507952956-Sanichi_Mtronic_are_Abang_Adik.jsp

true @jasonred79..

based on many shares trading, falling stock like this can be either on purpose or coincidentally.. On purpose - large traders pressing small traders by dumping their shares in large and induce rollover effect and buy back the price at same or cheaper price, and make a double profit in the near term.

Coincidentally - too many sellers at 11-12c, push down the price and 10c/11c traders trying to average and notice price keep dropping, and selling back. One need to be calm but experienced to handle this situation, and must say it must a team work. But this is market, buy and sell at own risks and study.. 7.5c wipes out warrant price, and 11c to 7.5c is a 30% loss. at current warrant price, it will scale back to 9c at least in the next 1 to 2 days. just my views..

Komark currently active in COVID business, share price went up from 20c all the way RM1 (high as RM1.2).. PCCS is the same? Need to think like an investor here..

thanks for the input @anthonytkh

lol @kasrim.. i hope it is but the chart says otherwise..

oh okay.. do you guys believe in that there will be another upper limit for this counter anytime soon? anyone know if the financial of this company for coming quarter is extremely good?

anyone can explain?.. why some traders buy so much and same time dump so much.. transferring shares to another person? price volatility too high in short period of time.. scary counter..

guess I was wrong. let's see TP 0.6 in making

i think it will take few weeks before it turn up again.. everyday a new low since last week high. either sell at zero profit or cut loss if bought high or wait until it reaches your sell point..

Buy back..

short trade sellers need to be knocked out by stages. 76c,77c,79c are the main resistance.. need to break this by stages..

Interesting. Top 5 value counter as of noon. lots of volume coming in, attracting investors. TP by Kenaga RM1.35 is achievable soon on this trend.. need at least 3 to 4 days up to gain higher share price & scoring..

foresee breaking soon... large volume collecting 51c to 53c..

collect now

expecting to close around 73-74c mid this week before closing back to 76c region. 78c resistance need more support from shareholders. ESOS shares isn't that much compared to daily traders..