on what basis TP 0.50 ??? Bear in mind a month ago it was 0.105 ish and all the good news todate already factor in , hence to sooting star to 0.36 at one stage !! B very careful if u go in now unless there r fresh news ..........
0034 INGENS INGENUITY SOLUTIONS BHD INGENS-Unusual Market Activity ("UMA") query by Bursa Securities
LISTING'S CIRCULAR NO. L/Q : 65807 OF 2012 Bursa Malaysia Securities Berhad has on 22 August 2012 issued an UMA query on the trading of the Company's shares and warrants. In this respect, investors are advised to take note of the Companys reply to the above UMA query which will be posted at Bursa Malaysias website under the company announcements, http://announcements.bursamalaysia.com when making their investment decision.
The contents of the UMA query is as follows:- UNUSUAL MARKET ACTIVITY We draw your attention to the sharp risein price and volume in your Company's shares and warrants recently.
In accordance with the Corporate Disclosure Policy on Response To Unusual Market Activity pursuant to Rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (Bursa Securities LR), you are requested to
furnish Bursa Malaysia Securities Berhad (Bursa Securities) with an announcement for public release after making due enquiry with your directors and major shareholders seeking the cause of the unusual market activity in the Companys shares and warrants. In this respect, you are also required to publicly confirm, amongst others, the following:-
1. whether there is any corporate development relating to your Groups business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision; 2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of Bursa Securities LR; 3. whether you are aware of any other possible explanation to account for the unusual market activity; and 4. your compliance with the Bursa Securities LR, in particular Rule 9.03 of the Bursa Securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities
Well, they just reply they don't know anything about this. Just a week or 2, same thing happene. Just that, why warrant and mother has such a big gap since both so active.
If I only I knew , ha ha would hv hang on for one more week but can't complained !! If u got spare petty cash , still can go in with sunglasses ...... TP 0.50 !!!!!!!!!
Trade with extreme care n if u catch the angel stars , u can make quick $$$ or strike my flash lightning ............. I m waiting for my 4th round !!!
If only I know , I will b cruising down the "Klang river" , ha ha It looks like there will b some profit taking b4 it continue North !! Bear in mind the Board is working towards "Main Board" listing in 3 years time and also review their recent results and then make yr own conclusion . I am planning for my 4th round n u can call me "Stevee Wonder" too , hee hee
Bear in mind much improved results fr last quarter and Board plan to head for Main Board in 3 years time , hence hv to continue to improve results , etc etc .............
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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....
talk2pkc
2,303 posts
Posted by talk2pkc > 2012-08-17 11:33 | Report Abuse
indeed n profit taking 4time being , so b v v v careful n dont burn all yr legs .......