Big institutions ran already, short sell Mr maker takeover, retailer will be squeezed till no juice. Be smart

Short sell again, shit Mr Market makers

Just this two days, Genetec and Notion were also short selling

Could be going down to 0.20 as short selling is so powerful now. This is scary syndicate.

Hammer formed. Will be back to 3 soon

Queue at 1.0 but too bad, rebound at 1.05

Notion repeat history again, so be careful

Already broken previous low 1.51, next previous low is below 1

Possible, crazy short sell Mr market

Short sell?

Dropped like waterfall. Big institutions keep throwing. Tomorrow could be bad, 2.16....

Buy low, sell high. This is the game! Who can follow big institutions will make money. Good luck.

This company need funds for their new business. Pls help this company. Keep long term. 2nd Sapnrg!

Investors who still hold the positions, have to think twice if go for long term, ask ourselves, why should we pay the right issues while the company future is not certain. If the additional money for the right issues used for other counters which has better growth, choices are on our hands, think twice and decide!

Look like it, they will keep avg price above 40 cents.so basically price ranges 0.35~0.45

Rebound and opportunities to sell, reduce losses. Never pay right issues for business uncertainty. Directors wanted to get cheap before pushing up n dispose.

Tomorrow 40 cents. Then will stay at 0.4~0.45 for 3 months?

Good that it rebound, hopefully it can go back to 50 cents, everyone can sell

Better observe and wait for uptrend. Avg down is risky.

OK lah, so they can push up and sell. Retailers just follow ya.

So many counters to buy, don't buy downtrend stocks. Like shopping, cheap things not good. Good thing not cheap!

Do nothing. Let big institutions play the games until it turn to uptrend, then decide to buy or sell. Now watch the exciting game.

No need to split anymore.

Let it change hands, and price will settle down at 0.19

Either avg down @ 0.19 (worst case) or sell @ rebound?

Next support 0.28, if broken, 0.245, if drop further, next is 0.19 @ March 2020 (low).
Good luck to techfast investors

Not optimistic if business plan is not convincing. Up to investors whether to hold for long term or short term. If long-term, can hold and invest more money on right issues. And if luckily, within 1 year, can make profit. If not lucky, like Sapnrg, years also can't recover for whoever subscribed to right issues.

Yes. Must cut loss before it is getting worst

More investors bought the stock because of the contract on oil business. It was quite attractive. However, since the news was out, share price keep dropping. 1st mistake for investors to buy while dropping, basically it was cheaper everyday, and holding for mid~longterm. 2nd mistake was avg down after announcement on right issues, dilution of share via share split, and causing the support broken.
Short term pain on loss <15% is much better than long term pain >50%. Small investors like us, don't have holding power, in addition, losing opportunity and time if keep holding losing stocks.
Just my opinion after having burnt by Sapnrg.

Never avg down! If rebound, just sell to reduce the loss.

I cut loss at 0.355 which was too late when i read their announcement. its support was broken @0.39.

According to ace market requirements, they have to comply. Either adjust the share split or share buyback to support the price above 0.4. Do they want to do that? Do they have fund?

Based on their announcement document:

"Accordingly, the Proposed Share Split is in compliance with Rule 6.31(1A) of the ACE
Market Listing Requirements of Bursa Securities ("Listing Requirements"), which
requires the adjusted price of a Share to be not less than RM0.20 based on the daily
VWAP of the Shares during the 3-month period up to the LPD, pursuant to the provision
under Rule 13.04(1) of the Listing Requirements."

Share split, not necessary 1 to 2, but will base on share prices in order to meet the requirement, not less than 0.2.

So don't expect share prices can go back to 0.4

Share split is a wrong measure, most companies asking money by issuing right issues for business expansion. Now this company sell their core business, and start oil trading business. Diluting market shares will make investors worried, must ask why! It is our money, don't simply give it to company that hasn't known their futures.

Another Sapnrg! Ask money but never turn the company to profits.

big volumes keep throwing to buyers. no support until big institutions change hands.

Everyday drop 4 cents, next Monday will be 0.275~0.28

This company sell core business n ask money (right issues) to start new business? Investors need to be careful.

Never avg down. Why pay the right issues why share price keep dropping.

Like Sapnrg, investors who subscribe to right issues, today still lose money. Don't waste money for right issues, better invest in counters that on uptrend.

Pay for right issues while the share price keep dropping. Good luck.

Another trapped counter, be careful