Posted by BuahCiku > 2020-09-28 22:32 | Report Abuse

Aiyo..show finished...back to square one...what a great white shark work...lol...aiyoyo...kikiki

Posted by PN17 > 2020-09-28 22:36 | Report Abuse

Next fours day will limit down, Friday TP 12 cents

Posted by whizzkid > 2020-09-28 23:21 | Report Abuse

limit up tomorrow...hahaha

Posted by wallstreetrookie > 2020-09-29 00:15 | Report Abuse

Shut up la whizzkid your comment made me f lose money. You wanna trap more newbies is it evil

Posted by wallstreetrookie > 2020-09-29 00:16 | Report Abuse

Don’t play this counter. Of course they let you win but remember win small lose big

Posted by bobochacha > 2020-09-29 00:37 | Report Abuse

Many newbie dont know how to digest the info from the announcement... from what i understand is this tengku buy share to have controlling stake in BOD. Then he now want use MMAG to buy over his own share in Bestinet.. what buying price still dont know whether is undervalue or overvalue.

The MD resign i think he not happy with this acquisition. Mayb will be overprice and not in the best interest of the company.

Posted by Jasonlow > 2020-09-29 03:34 | Report Abuse

Last Monday, Green Packet Bhd and MMAG Holdings Bhd announced a partnership to set up a digital payment system for migrant workers. At market close, Green Packet shares ended unchanged at 53.5 sen apiece. In stark contrast, MMAG shares finished 29% or 37 sen higher at RM1.63 — the fourth highest gainer in terms of value on Bursa Malaysia.

In fact, both MMAG and its warrant MMAG-WB had seen incredibly large fluctuations since the beginning of the month. MMAG’s share price had more than tripled from 51.5 sen on Sept 1 to RM1.80 on Sept 17. However, it tumbled 59% to 73.5 sen last Friday.

In similar fashion, MMAG-WB’s price more than tripled from 29.5 sen on Sept 1 to 97.5 sen on Sept 15, before collapsing 86% to 13.5 sen last Friday. Interestingly, such volatile price movements appear to have presented very attractive opportunities to warrant arbitrage. That is because over the past two weeks, MMAG-WB was trading at a steep discount of between 21% and 67% against the mother share (see table), taking into consideration the conversion price of 20 sen.

On Sept 15, for instance, an investor may have spotted the 21% discount gap and bought the warrant at 97.5 sen. After spending another 20 sen for the conversion, the total cost would amount to RM1.175.


At that point in time, it appeared to be a good deal as the mother share was trading at RM1.49. The thing is, an investor would need to wait at least one to two weeks for the conversion to be completed. Obviously, a lot can happen during this period.

By the time the mother share is in the investor’s account, say, seven trading days later on Sept 25, it would only be worth 73.5 sen each. Unsuspecting investors or speculators could get burnt in such a scenario.

Such is the risk borne by the warrant investor, but the discount of close to 70% may have been too attractive for some.

Posted by Jasonlow > 2020-09-29 03:35 | Report Abuse

https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag

Posted by Jasonlow > 2020-09-29 03:35 | Report Abuse

https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag

Posted by Jasonlow > 2020-09-29 03:38 | Report Abuse

Cry father cry mother here no use, just share this like to all klse group, let everyone discuss about it, the more people discuss, the more people share, to force SC or Bursa to take action with the operator who MANIPULATE the share price


More people discuss only can force authorities to take action........


let this kind of operator pay for it

Posted by Jasonlow > 2020-09-29 03:41 | Report Abuse

this kind of operator con so much money , trap so many people, but is SC or Bursa take action ultimately they also have to go in to JAIL, see next time got people dare to MANIPULATE the stock market or not.............


Make this topic discuss in everywhere

Posted by Jasonlow > 2020-09-29 03:42 | Report Abuse

https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag


https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag


https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag


https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag


https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag

Posted by Jasonlow > 2020-09-29 03:44 | Report Abuse

If really many people talk about it and discuss about it, authorities have no choice , only can take action, that time will be KARMA for operator.............

Complain complain no use, tak puas just share let everyone know ...

Posted by mansaham1972 > 2020-09-29 06:56 | Report Abuse

Tak payah fikir pasal take action ke atas sc atau bursa.sc dan bursa sendiri yg terlibat dgn manipulate.camna sc dan bursa nak ambil tindakan.Isunya skg terimalah nasib kalau untung atau rugi sebab bursa ni mmg tempat penipuan berlesen.

Posted by mansaham1972 > 2020-09-29 07:06 | Report Abuse

Bagi yg dah lama terlibat dgn bursa saham tentu masih ingat apa yg berlaku kpd kaunter KENMARK. Manipulate sampai bankrap n delist hanya dalam tempoh beberapa bulan.Apa tindakan bursa dan sc,hanya buat teguran dan tiada apa yg boleh dibuat.

Posted by Beltland > 2020-09-29 07:10 | Report Abuse

Haoi ! Tiub sama Tayar lol !!!!

Posted by HamsterHuat > 2020-09-29 07:33 | Report Abuse

Wow....today will be another diving performance.
0.40.....hahhaa

Operator know Incoming Warrant Conversion Batch.....will panic selling..

But then who is buying.....
Hohoho..

Posted by spyking > 2020-09-29 08:11 | Report Abuse

Thanks Jason Low. We need to educate ikan bilis here so that shark has lesser chance to trap ikan bilis in future. Shark really desperate to trap last batches now

Posted by spyking > 2020-09-29 08:14 | Report Abuse

Last 15 mins trading yesterday showing shark really desperate to exit from MMAG. Today will be another few desperate moves. Bursa should let us short for all counters

Posted by taihai > 2020-09-29 08:40 | Report Abuse

dir. got ICPI 20cents sell dollars ?

Posted by mf > 2020-09-29 08:41 | Report Abuse

There is a possibility that a snap election could be called as early as Q4 and that the Budget 2021 could be defeated in Parliament at a ministry level, it said.

Should that happen, Prime Minister Tan Sri Muhyiddin Yassin will have no choice but to call for an early election.

CGS-CIMB Research, in a report last Thursday, said the re-emergence of political instability would lead to higher volatility in the market with downside risks.

Posted by Gn021 > 2020-09-29 08:55 | Report Abuse

Yup, sure

Let everyone know

Just keep share to other group, remind everyone

Posted by Gn021 > 2020-09-29 08:57 | Report Abuse

And keep on repeat come back this counter , repeat share the news

1 weeks come back share 1 times, make untill this operator no choice to con anyone, wakakkakak

Posted by yongyong88 > 2020-09-29 08:58 | Report Abuse

wah, i already know how to cut n paste,.. usually my vocab only single word like 'run'. TP...

Posted by Gn021 > 2020-09-29 08:59 | Report Abuse

https://www.klsescreener.com/v2/news/view/733013/frankly-speaking-warrant-trap-at-mmag

Posted by yongyong88 > 2020-09-29 09:01 | Report Abuse

operator already laughing to the bank while ikan bilis holding at high prices...

Posted by whizzkid > 2020-09-29 09:11 | Report Abuse

sold...small profit...hahaha

Posted by jutawansenyap > 2020-09-29 09:17 | Report Abuse

Done sold. As mentioned before got technical rebound. But fast in fast out. Good luck!!!

Posted by spyking > 2020-09-29 09:29 | Report Abuse

Now shark desperate to exit MMAG-WB. Crazy move

Posted by Arsenewenger8383 > 2020-09-29 09:33 | Report Abuse

Today WB if they dump.. will be huge and ugly..

Posted by super168 > 2020-09-29 09:34 | Report Abuse

Which sifu introduced this stock? Crashed like no tmrw. Even directors running away. Something fishy. Why SC never query this company?

Posted by super168 > 2020-09-29 09:37 | Report Abuse

Just like Inix. I warned earlier. At 0.80 run for your life. Now back to 20 - 30 cts. It takes at least 2 - 3 years for a building to be built and to start an operation. And the goods to be tested another 1 to 2 years. By that time, vaccine out already. lst must check their NTA, basic knowledge.

Posted by parzival97 > 2020-09-29 09:38 | Report Abuse

successful got out

Posted by Richv92 > 2020-09-29 10:05 | Report Abuse

Sign of gunung berapi. Trap buy call. Don’t listen Saul in Red Sea... u never know when will be lower and lower.

Posted by spyking > 2020-09-29 10:10 | Report Abuse

Mother to drop to 0.35 range by next Friday. Don't get trap please

Posted by BetterTomorrow > 2020-09-29 10:23 | Report Abuse

Hahaha can be 1cent

Posted by port1111 > 2020-09-29 10:24 | Report Abuse

Heard got one group kena con cukup2. Make buy call on thursday last week. Die until today. Still cannot realise this con job

Posted by kimssiat > 2020-09-29 10:25 | Report Abuse

Already warn much earlier .... You still want to keep. Go ahead.

Posted by Silentreader88 > 2020-09-29 10:26 | Report Abuse

Dont listen to any buy call. Eventhough RSI is oversold, price still can fall to the floor

Posted by birdparadise > 2020-09-29 10:27 | Report Abuse

Wah betul betul one way ticket, to Holland

Posted by BetterTomorrow > 2020-09-29 10:27 | Report Abuse

Hahaha

Posted by HamsterHuat > 2020-09-29 10:28 | Report Abuse

Mothershare dropping little by little..

Should below 50cents today....

Operator/Sharks have to push below 50cent by this Friday latest......because....Converted Warrant is around that 52cents..

Those Ikan Bilis when convert the warrant will be hurry to dump as it is losing money the moment the share available this coming Friday..

i know ...why..because i fill in the warrant conversion form at 0.321 + 0.20
Latest Friday...i can get Newly minted Mother at 0.521....

See how the Shark operate......Die Standing

Posted by Richv92 > 2020-09-29 10:32 | Report Abuse

Don’t ever listen sailing in Red Sea. Do more on technical chart and always remember CL 5% from ur capital. Becoz u don’t know when will be red ever red.

Posted by ToraToraTora > 2020-09-29 10:33 | Report Abuse

Please allow me to share some reality for MMAG.

1. The bearish momentum is still very strong. Potential for further downside is high.

2. What is the fundamentals of the company to say that at current price, it is trading at cheap PE? If there is no fundamentals to based our case, how do we think the share will rebound and go up.

The biggest problem is now there is a group of investors stuck by buying high. Making the obvious choice is always the hardest but it may turn out to be the wisest. All the best.

Posted by simple091 > 2020-09-29 10:35 | Report Abuse

HamsterHuat, wonder what your price when you sold the warrant?

Posted by spyking > 2020-09-29 10:40 | Report Abuse

All queues are computed generates. To trap ikan bilis

Posted by punterking > 2020-09-29 10:41 | Report Abuse

It will drop to an unbelievable level bet 32-48sen. So don't catch falling knives. No support for Mom. WB is well supported as sharks do not
it to drop as they are buying. If WB drops, ikan billis will also buy. Sharks bought the mother share at very low prices. Even if they sell @ 50sen, still profit. That's is my observation & opinion

Posted by niubility666 > 2020-09-29 10:45 | Report Abuse

32-48 can buy, it is shark price

Posted by spyking > 2020-09-29 11:10 | Report Abuse

the queue very obviously trapping ikan bilis

Posted by apolloang > 2020-09-29 11:13 | Report Abuse

many go convert now push wb cos many cannot sell.....what a manipulation