aiyo why many park 8.10 really dun want be happy shoot up

Today limit up so sure, its accumulation period now cuz too many retailer entering at trade open...clearning abit before limit up

80m usd contract damn..sure limit up

Even if IB made it bit loss when they dump, they can make more profits through their warrants sold+getting profits stock price going higher again after they stop pushing..(that time you can join them)

IB have unlimited bullets, they can just buy low and sell bit high, then dump it all much lower., you keep fighting the shark, it only hurts you..just follow along IB, if they want the stock to push lower up to a price just let them be.

call warrant maturity date just in 6 trading days on 30th Sept...the IB will push until and stay around RM4~5 until the date..for the mean time put your cash in other good performing stocks..like Kpower, the started making huge jump profit since last 4 quarters after venturing into construction, energy, utilities sector even during mco with good cashflow..valuation are now 60% undervalued from RM10 with projected 30% earning growth with confirmed projects orderbook 1b.

https://simplywall.st/stocks/my/consumer-durables/klse-kpower/kumpulan-powernet-berhad-shares#valuation

Retailer dun get trap, IB collect more than 11m bullets at 7.6 before trading close last friday, this are distribution mode, to make profit before they started dumping shares to push the price down...

all those chinese,vaccine and all kind of business jumping into glove sector wont bring them down..the real culprit next will be IB , remember they bought alot very low yesterday , so they will open bit higher next week and dump all to make it lower...they know the buying pressure from retail are high so they let them play pull and push, later retailer tired...the price fall like waterfall

What they want is the warrant to be burn at maturity date, which mean the mother share is lower than cost of exchanging warrant to mother share..so the investor wont change, and the IB happy no need to buy share for the investor, and they already making money by selling the warrants.

@harveyspector in simplest term, IB sell warrants to investor, then investor have option to change to stock, So the IB need to buy shares to give to the investor...if the share price is high/expensive than they will loss lo..

they collecting bullets before trading close later monday they will open higher, and IB will dump all the stocks kaw2...dont get trap

i can see IB flocking in big volume before trading close, to sell at lower price again

This is not trading stock, based on current cashflow and growth rate are still at 60% discounted price based on 2 stage cashflow to equity valuation model since they started venturing into construction, utilities and energy sector. Just buy and leave.

https://simplywall.st/stocks/my/consumer-durables/klse-kpower/kumpulan-powernet-berhad-shares#valuation

Its time to re-enter, you know bank make money is they collect low when dropped now its gaining track to rise again.

harta 4% gain all counters will follow suit

aiseh cannot topup i already lost bullet, want collect more

foreign investor coming to collect glove counter back, covid still rampant worldwide..supermax global market with billion cash

imagine 7000 roadlocks being eaten like that instantly

i said already will break 8.5 thats why i re-enter before tomorrow shoot up

i reenter alrdy saw big volume coming in..i think can break 4.5

I exit already, will reenter upon rebound. Its reversal, but today gap up too high, it will go few days correction before reaching new higher around /thursday or friday.

https://www.klsescreener.com/v2/news/view/727449/foreign-funds-turned-net-buyers-last-week-with-rm70-9m-midf-research

foreign investor start coming back..while the global market still battling with covid, why do you think??

The price increase slowly but surely..making lot more good entrance opportunity..should be scare if price increase jump too fast cuz you dont want to chase high price.

You can see the pattern , it dropped and rise again...if you keep cutting cut loss you will only making loss even in bullish uptrend

I see Strong and big volume keep coming in , all bilis dont worry ..

just hold, its normal they will drop abit..even in uptrend or bullish.. this is stock market. What we want is daily white soldier..mean strong increase day by day.

Top glove gloves still stucked in US custom, supermax chance to fly

aiyo 7.7 big roadblock also kena eat like chipsmore

Dont up limit too fast, build some support at 7.6 first

need take break abit, dont limit up too fast....better evening limit up

7.38 still got big volume keeps coming in, foreign enter again?

Tomorrow might open higher for investors to dump and close lower again, based on the chart this will happen for few times more, all technical indicators and chart shows still strong selling.dont catch a falling knife.. safest thing to do is wait until clear support are build for few days. investing is looking far ahead, covid are still exist but looking forward few months it will never reach the peak early-mid this year due higher awareness and preparation etc , so quarter to quarter and year to year fy21 and f22 earning will sure dropped. Now the price will sure adjust sideways to its normalize earning pre-covid although abit higher to be around rm2-3 (after BI). See chart..

No OPR cut as BNM decided to maintain 1.75 percent and find it enough as the global economy continues to improve, with the easing of containment measures across more economies and strong policy support, im expecting a stronger ringgit, and recovering local economy lead to higher quarter to quarter with final+special dividend at least RM0.60. So with interim RM0.22 would make a total RM0.80 dividend per share any price bought around rm13 will still make a handsome yield of 6% , which is much higher than Tenaga 5 years dividend yield average of 2.5%

Bursa is casino nowadays since genting closed already

new shares issued for director at 0.25 cent tomorrow, easy money for director got pancing lot of fish in market

dividend coming

Any reason this counter up today? i see many big volume coming in

Think2..if the major shareholder want to buy all shares and go private, they should just collect all at low price and went private.

next week jump..see ya

OPR cut is good for economic growth and domestic spending. The foreign investor might be less interested, but our product price will be cheaper and increase export activities, people spend more , more business opportunity all lead to higher domestic electricity consumption. It will only further accelerate local economy growth recovery since pandemic early this year.

At current market price its even lower value than IB valuation (mostly stocks are overvalued than IB)..time to collect

still got further upside resistance at 11.5..it already break 20 days ema high

yesterday someone bought RM11m worth of shares, today another RM5m

@kinuxian

https://www.tnb.com.my/announcements/tnb-weathers-challenging-1h-2020-to-register-rm1.4-billion-pat


"...electricity demand is showing an uptrend with peak demand recorded at 17,484 MW in June, 17,724 MW in July, and 18,307 MW in August"

I believe higher peak also in Sept and this will be reflected in fy20q3 with better QoQ, despite extended RMCO, most businesses already allowed to operate unlike March-June period.

@kawan88 then the major shareholder can simply cancel their offer, now whos gonna buy all the shares.

@tcl tcl read again..its not about the real value, instead of buying at cheapest price , theyre asking for higher price. Not a legitimate buyer behavior.

11m worth of shares cross traded..who bought?

so many big volume running away..IB?

why do you think the major shareholder want to buy all the share at 1.6 when they can just buy cheaper from the open market.

other profitable company should learn from GETS, goreng2 if got UMA just say no announcement than continue goreng..if loss making company pn company can why not profitable company. At least you goreng a good not rotten meat.