Post removed.Why?

Earlier investor just selling whatever they got to chase gloves.. now they felt the burned..

Loan still approved.. hence the game is still on.. shitty company can’t even get term loan let alone bonds..

https://www.soyacincau.com/2020/07/25/malaysia-5g-spectrum-allocation-decision-soon/

Last month..

The index is determine by index linked stocks.. not the other way around.. so if this counter were to go up.. the index will go up.. also no matter how low the price eventually the selling will stop after that it’s going to be the local fund’s turn to push it back up to its normal level say 4bucks with lesser resistance to maintain their portfolio value..

It’s normal for company to raise money to fund capex or reduce debt.. the key point is bank is willing to lend to the company.. bank and whoever bondholder is not dumb right?

It doesn’t really matter what valuation for this counter.. whoever selling is definitely not local funds.. this company will not go bankrupt or pn17.. in fact in this is a very good time for local funds to collecting so that they can sell it back in the future at 5 or 6 bucks when market go telco craze..

https://www.theedgemarkets.com/article/axiata-confirms-it-shortlisted-bidder-myanmar-telecom-towers-firm

This news in stock fly!

time to buy

Strong support?

https://www.thestar.com.my/news/nation/2018/08/11/goahead-likely-for-penang-lrt-state-govt-expects-to-get-approvals-from-doe-and-transport-ministry-by/

SRS Consortium, a 60:20:20 joint venture involving Gamuda Bhd, Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd, was appointed by the Penang government as the PDP for the implementation of the PTMP.

cimb tp3.50.. can smell m&a in the making

With reference to the announcement made by Alliance Bank Malaysia Berhad on 19 April 2018, AMMB Holdings Berhad (AMMB) wishes to confirm that by way of this announcement, the Civil Suit under reference has been amicably settled and there were no financial obligations or implications arising from the settlement on AmBank (M) Berhad (AmBank), a wholly owned subsidiary of AMMB. It also did not cause nor result in any operational impact to AmBank.

This announcement is dated 20 April 2018.

price to book estimate 1.1
tp 4.92

foreign selling across the counter.. they collected at lower level too..

2b losses due to 2b impairment.. affinhwang pt 0.40 based on 8.5b impairment.. stock will move up

scold here no use.. buy 100 shares.. attend the agm and tell them that

privatisation on the way?

c50 and c53 panic selling

yeap.. time to cut loss.. good luck on other counters

same story again.. with only 527k shares traded whole day stock can be pressured down 3 sen..

the 1.15 bid (there was 800k shares queuing) was withdrawn at last minute during theoretical pricing leading it to close at 1.14.. wonder that’s legit? Who ever controlling this stock really try their very very best to hold back this counter..

results will be out by this month.. most likely good.. 1.16 obstacle there is to prevent market from buying ahead of a stellar results..

stock being intentionally hammered down could also mean that they might be planning for a delisting.. and a re-listing to unlock high value after all their asset revaluations..

looks like they might announce the results during lunch time

not worried at all about their results.. more curious on why this counter is being pressed.. from the trading pattern it is obvious that there is only one seller and the seller can sell higher but choose other wise..

strong support

1.16 resistance need to be lifted

this counter got one big hidden seller.. lurking..

technically the stock is cornered.. no doubt ceo is weak but result wise the company outperforms most of its competitor.. any donkey can be appointed run this company without screwing it up.. somehow its trading pattern hints that major shareholder is holding back its true value by suppressing its momentum..

Tabung Haji passive investor.. short sighted.. the fact that they disposed less shows that the fund manager is not that dumb..

good chance to collect and see what’s cooking in kazanah transformation 2.0

stock deliberately pressured down

slowly but surely

resistance is still very strong..

overdue correction.. good chance.. foreign collecting.. TP4.96 TP5.13 TP5.45

RUUUUUNNNNNNNNN!!!!!!!!

stock lacks support.. selling pressure visible