What is this crazy guy talking about?

No mukhriz....ask him to change to CrazyLoserInBursa....not RajaBursa ;)))

Good good...then he can shout all he wants with all his mates there.

deMusangking...karma has already acted on him....thats why he has gone crazy. ;)))

Yes Suzie...he is such a lunatic psycho with no feeling for other ppl.

Yes....will do mukhriz, don't worry.

This idiot KAQ will ONLY appear when Presbhd is not moving or going down a bit. When Presbhd is on the way up like before, he is nowhere to be seen. His main aim is to belittle ppl, as if he is such a clever dick!

Good morning all. Sorry for not posting earlier. Actually I was quite busy over the weekend. I wanted to share with you the info I received regarding Dr Abu's shares in Prestariang.
Actually his entire 117 million shares were 'disposed' through mutual agreement via direct business transactions. The nominees are Areca Capital S/B 77million shares. Affin Hwang Asset Mgmt Bhd 40million shares. In other words those shares are still his. Thats the reason why the board still retains him as the President/CEO. Now, he has every reason to take the company back up to its previous glory and bring the share price back to above RM1.
Lets just hope that something fruitful will come out later after their meeting with the PM recently. Lets just hope the CEO is still able to strike up some deals for the benefit of all shareholders.
I wish you all the best and good luck.

Hi guys....I've just got new info regarding Prestariang Bhd....will share with you all later.

Someone collecting at 42.5c

ran777 ; Initially I thought it was 'pump & dump' bcoz the drop was so fast and so sudden. Then I realised it could also be due to an exchange of shares between two agreed parties. Thanks for the info ran777.

There could be some truth in what ran777 said. Then what I said earlier at no.3....mutual exchange of shares between two agreed parties....could be true. I agree, the ceo, Dr Abu surely would want his shares back.

After yesterday's sudden sell-off, ppl are fearful today. Thats what they want actually. Its psychological. Its evident from the thin volume this morning. So far, they are controlling the price so that it won't fall below 42c. Its a good sign. Lets keep a cool head guys.
Its good to see a lot of cheerful and smiling faces this morning! ;)))

Morning all. Cheer up.
I just hope yesterday was just a normal forced selling and not a pump and dump as I mentioned earlier. It seems like the ppl who controlled this share don't want it to cross 50c that fast. We must remember, the volume was a lot yesterday. For all the sellers yesterday there must be buyers who bought. The question is WHO bought the shares yesterday? A few contra players perhaps but the vast majority were not contra players. So, lets keep a cool head and see how it goes. If anything, just do what I said last night.
I wish all the best and good luck to all.

Hi everyone. Today as expected Presbhd broke the 45c level and proceeded to the 47c level. It closed the morning session at 46c, and opened the afternoon session at 46c-46.5c. It began to drop soon after and in the end closed at 42c.
There are 3 possible scenarios of what had happened.
1. Forced selling. The sellers simply gave to the buyers at whatever price.
2. Pump and Dump activities by the sharks.
3. Mutual exchange of shares between two parties.

I suspect it was pump and dump activities. When this happens, it is quite difficult for ordinary ppl like us to gauge.
Tomorrow we shall see first whether further dumping will still carry on. If it stays above 40c, we are still okay. But if it goes below 40c, we have no choice but to cut loss for those who bought at higher prices and take profit for those who bought at lower prices, before it goes down further. Remember, there will always be time to buy back later. This is just a normal temporary setback.
However, as I said earlier, if the price is kept well above 40c tomorrow we don't have to sell. We just hold on first.
This is just my opinion. Then again, the final decision is yours.
I wish you all the best and good luck.

My JAKS is moving. Bought 44.5c. Now already 51.5c

See you at 50c guys.... :))))

Yesssss

Now....3rd attempt at breaking 45c.

Good morning JejakaDuit....Suzie.....Karen

For the past couple of days the theme play was UMNO linked counters. Practically all UMNO related counters moved up significantly, led initially by KUB and then MYEG. Today, the theme play will resume.
As far as Presbhd is concerned, someone has been collecting a lot of the shares at 41c-43c. They have been supporting Presbhd at > 40c and won't let it drop below that level. Thats a good sign.
Lets hope for the best today.

Good morning all.
Presbhd attempted to break 45c as anticipated but unfortunately it couldn't. It only touched the 45c level and then retreated to close at 43.5c. Today, it will have another go at the 45c level. If it succeeds, it will proceed towards the coverted 50c level. I have every confidence that it will eventually break the 50c level because the pending news has yet to be make known.
I wish you all the best and good luck.

Good luck to you mukhriz.....lets hope it breaks 50c by friday.

Afternoon session should test the 45c level....and then proceed to break 50c level later on this week. Lets see how it goes.

toffeemoose....I made some money on Sanbumi. Bought when started moving at 37c and sold off at 43c.

hi karen....hope u are doing okay

Will do mukhriz

Well done mukhriz.....good to hear that.

Will try and break 45c today.

Congrats mukhriz....as long as you make profit...its considered good in this kind of market.

All UMNO related counters are moving led by MYEG and KUB
Presbhd will follow soon.

Morning guys. Sorry, I've been busy for the last couple of days with the RTO. There are a few snags here and there but I'm working on it.
I see that this clown ie KAQ aka Rajabursa is back hounding this forum. I really don't understand what this idiot has against us. Why does he keep on ridiculing us? What is he doing here if he can't contribute anything at all.
Anyway, coming back to Presbhd, as I said earlier, it has been consolidating for the past few days in order for it to move higher. Forced selling and profit taking were also taking place. Nevertheless, the share price is still strong and managed to stay above 40c. I agree with Nicholas Tan, those who wanted to sell would have done so by now. All the weak holders would also be gone by now. Volume also increased up a bit yesterday due to buyers picking up shares thrown due to forced selling activities.
As I have been saying all along, I am still keeping my shares because I believe there is still upside potential in it.
Until now I have not received any news regarding the appeal or even the compensation but I'm confident it would benefit all the shareholders.
Today, I think the share price will start moving up again because for the past few days, it seems someone has been collecting a lot at 41c-43c.
I wish you all good luck and hopefully it will be a good day today for all of us.
Cheerio and bye for now.

Ok Winamin....I've added yr name to the list.

Patience is a virtue
~ Confucius

Ok razali.....i hv included yr name in the list.

Ok asd88.....you are in as well.

Ok Daniel Ngu.....you are in.

@DTM ; Initially we expected by early Feb. But it seems now possibly it will take off by end of Feb. depending on SC & Bursa. Yes, make sure you are around when the RTO is on, if not you'll miss once in a lifetime opportunity.

ok azrule....i hv included yr name in the list

YSL.....you are very smart too. ;)))

Mukhriz and Karen are very wise.
The one I'm giving you is already confirmed. We have done everything on our part. Now just waiting for approval only.

Now moving back up.

As I said earlier, I will sell when the news is out. I consider this a minor profit taking before the nx surge.
As I said before, those who cannot wait can take profit first.

I'm still keeping my shares.

Surprisingly...Bursa is not doing so bad considering DJI dropped 660 pts.

I agree with DTM....they hv to announce their status before jan19.
I also agree with Mukhriz....they need to collect enough shares before any announcement is made.

YSL.....contra players would cut loss....contrarians would buy in a bad market. ;)))

So far not so bad. Still holding on. As long as it maintains above 40c I'm ok.

Lets see whether the big boys want to let the price drift lower or they will support the share price. Today not much forced selling activity, except perhaps profit taking and some weak holders selling.

Ben....I usually do this when I bought shares at higher prices.
1. cut loss and buy back at lower price
2. keep..but average out when price goes lower

In this case, lets wait for the opening price. It may not be as bad as we thought.