Dont buy first, The reason is pretty simple, the only source quoting the inside trade was The Edge, sometimes known for its blatant vague reporting, which ended up being denied by the mentioned company, some example recent cases are gbgaqrs with their south korean company mall JV and recently FGV with steering committee "news" both simply become unfounded rumours. 2nd there is strong resistance at 9 cents, some investors i knew which already hold for long time, already said they are going to buang all at 9 cents. If you still want to test the water, just prepare to cutloss at 8.5
Focus Malaysia has also published the inside trade. I doubt it's fake news. if really look into its past few quarter finance results, it keeps improving n tis will be the 4 the consecutive quarters. The new majority shareholder would hv done their homework, or else why wanna to buy at such high price.
if it goes up.... morning gap up to 10 already.. those want to throw at 9 better chase n average. u cld win back all that u lost earlier holding this counter... be firm on what u believe..
is d show still on to reach 15 ct ?? ......look at WCT ...same scenerio...today my CU almost limit up !! 61 pct gains and the mum 8 pct .....PP at 2.50 .....price now 192 after push...
Nope..it's not going to affected their earning. Just only their NTA. But, with add on working capital, i believe they are working on something......... If u realized, seems they are planning and reshuffling some corporate activities now.
On other hand..Kian Hong had kept increasing his stake till 60mil. The number of share hold by both bro r still substantial. I believe tis is a planned corporate exercise, as Kian Hong was acquired the share from open market at .075 since Jan till now. Hope some good news coming soon. N we yet to know who is the major shareholder that acquire .15... Pretty interesting development..
As i said, dont simply believe "news" especially when it being reported only by TE..when involving shares transaction especially such higher value compare to market price, nothing are kept secret for long time since it supposed to be good news, unless it is simply rumors. Better read charts, Now we all know, its not someone buying shares but actually insiders disposing theirs shares to bilis who actually termakan their "umpan" news.
NETX...is just 1, what about their investment in MNC, holding 18.75% stakes with their shares value keep going down, it will be another unrealized loss for the company..
Accrue...not just TE report..Focus Malaysia has also reported. U may be right some bills termakan at .15. but who will be so stupid go n termakan at .15 if can grab at .075 frm open market. N the amount is not trivial, its 80 mil share that comes to rm 12 mil. Time will tell ;) Perhaps, u hv been conned bybtia stock when it hit .125 last time. mind to share ur insight n ur experiences in trading tis stock?
This week is crucial......T4 ended last Fri against 9 cts......They can push share price back to 7 cts or continue rise to break the 4wk high of 9 cts.........Casino is open for play next week !!
char1234... don't keep on monitoring... Probably one day u wake up ..it's already 0.15. As u look at KLSE, almost all stock r down. Without trading today..means..good lor
CTS ....basically means it is in low vol, and not ready to be up. That's why u don't see anyone blog about it, and I believe wait for its upcoming QR results. It will be consecutively 4 quarter in good profit, and people willl start to chase.
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 561 views | 3 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 606 views | 7 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
alvinchiam
1,555 posts
Posted by alvinchiam > 2016-11-06 11:11 | Report Abuse
sell