Notice this counter is profit making counter and share issued around 600m. I wonder will this counter goreng like another genetec. It has to go beyond 0.54, then only consider strong bullish. Else still risk unless for risk taker. I just keep an eye on it first.
On behalf of the Board, M&A Securities is pleased to announce that it had on 9 December 2021 submitted an application for extension of time to complete the Company’s Private Placement to Bursa Securities.
The outcome of the application for extension of time will be announced upon the decision received from Bursa Securities.
something tells me that because the PP wasn't completed last time and it's request for extension was not approved, operator purposely depress the price to make it look attractive for the PP's investors appetite..
always have margin of safety no matter how lucrative it may sound, I've averaged down and continue to wait & see..
if you don't have exposure to copper commodities in your portfolio, there are at least 3 companies to look at in bursa : tawin, metrod, and of course, me being bias - JAG the juggernaut (you can do your own research of the other 2 companies)
inflation is imminent and copper prices are positively correlated to inflation, making it one of the best performing assets during the inflationary period - JAG's fundamentals are intact, and have been benefitting from the recent bullish copper price since 2020.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Michael Kwok
6,442 posts
Posted by Michael Kwok > 2021-11-14 12:36 | Report Abuse
Reach 40.5-43 cents sell.After tht count from the top 4-6 trading days buy back(minor drop candle).One of the candle must be a bigger drop thn others.