So half of that turnover on wed (tp 0.795) belongs to Eddie. No reason why it should be sitting at 0.795 today, won't be long before it takes off again.
Looks like no accumulation today for Eddie. Busy with his new investment Daytree Digital. Also careful with SWSCAP and CSCENIC. Volume high and up a bit but not sure Pump and Dump activities.
Googled MGO..it's 33% . But Eddie has previously triggered it ard 30% and then Lo Behold, PAC with Eddie will add on to make it above 50%.My observations only. No hard and fast rules!
Eddie collects so slow like a 90 year old person. Already so cheap yet taking sooo long to collect. That's why price still below 0.75. Meanwhile collecting durian company. Yawn!!
Don't be over confidence with Eddie. Later he announce want to change Opcom to "Hextar Network", and announced right issue of 3 new share for every existing 1 share, then you will cry.
Yup have to wait until neck long but what to do, man can plan, Eddie decides. Opcom don't need money as sitting on rm88 million cash after placement and ESOS. Opcom is actually jewel as recent EPS is good, nett cash of rm60 million plus major shareholder is Eddie. Only price not right only
Trust me, Opcom will never never become Hextech. You know why, because Opcom got too many retailer like you n me sitting inside dreaming Eddie will goreng it one day. Hextech can go so high because no retailer inside, the counter is fully corner. Opcom has too much retailer.
Someone said Opcom is cash rich and no need money for right issue, then for me cash rich is even more dangerous. When the company has too many cash, Eddie will proposed something like sell his personal asset to this cash rich company and transfer out all the cash. Please study SWSCAP, see how he propose SWSCAP to buyover those useless vacant land from HEXTECH, then all the cash of SWSCAP will be channel to his own company.
Pang72, you're right. All retailers lost patience long ago and are now chasing EWEIN, SFTECH etc. I have strong feeling OPCOM already 70% above cornered. See who the 3% above shareholders and do your maths and you understand what I mean. Also there is PAC there's holding the already bought shares of >20% in nominee's. Old trick .
Quiet day for Eddie. Walking 🚶♀️ on his durian orchard in Raub. Still hoping that he can mopped up more OPCOM shares below 0.75. Hope greediness doesn't get the better of him. Sigh!
Eddie style is like this, your will forever 估他不到。 I think he must have very professional team and very canggih system to help him count the ticket on all the retailer's hand. When you bought and hold the share, it will everyday sink few cents. No matter how strong you are, it will make your blood slowly slowly drain out. 95%, 80%, 65%, 55%, 45%, 32%, 26%.. untill you terpaksa cut loss at 25%, then it start to surge up.
Albukhary you're right. His cruel ppl can count the tickets and know who's queue to sell. OPCOM cannot play contra or retail play for pennies. You must hv appetite to play like Eddie for 100% to 200% upside. If he holds, you also hold, don't give him opportunity to buy cheap from you. His other companies like Hextar, Hextech, HexInd, Cscenic, SWSCap are no longer virgin counters after Bonus, Rights etc.
By pushing the price down even by 5 sen, his paper loses is more than rm6 millions as besides the 29.11% he declared, we know he's got another 20% or more not declared yet. He definitely collateralised his OPCOM shares for loans to finance his further acquisition of OPCOM shares, so pushing the price down is not always a smart option. What is disappointing is that he's not CONFIDENT yet in pushing up the share price when he has already cornered the counter. This is wasting a good QR results, opportunity and time for everyone.
Watch Netflix's Road to WWII Victory. Eddie reminds me of Emperor Hirohito. And his syndicate troopers are like the Japanese Army Generals. They rather destroy the pricing of OPCOM just so that they can penny pinch a few hundred thousands OPCOM shares. Just Hirohito would rather sacrifice millions of Japanese people and Japan just to save face. Sad 😔!!!
Cheap no point if Eddie doesn't want to push price up in next few weeks. My advice to punters and contra players , don't buy unless you can pick up the shares of OPCOM as you get burn each time Eddie decides to pick up more cheaper price.
Let Eddie buy sell buy sell all he wants now. No point we try to be hero and buy the share to support the price. He holds 111 million shares and more unofficially, so if he's a sadist to push OPCOM price down, so be it. He likes margin call, his choice. Siape yg makan chilli, dia rasa peadas
Don't sell any OPCOM below 0.85. Don't encourage Eddie to push the price down just to get a few miserable hundred thousands shares at low price from market. He has more than enough shares, definitely >50% with his cahoots, so if he wants more control of OPCOM or corner it further, make MGO fast and be fair in MGO Price!
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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....
EVO118
2,135 posts
Posted by EVO118 > 2023-06-19 15:13 | Report Abuse
With volume like that ,must be Eddie on the move again!