Brother ppmaster thanks for the good advice. U have created a good deed (karma). Really appreciate. Another good advice is call the investors relations of the company.
Never create uncertainties. Ppl might loose brother ppmaster. Let them understand the company through right channels. Investors relations, past annual reports, the nature of business, etc etc.
From the month april to august, many retail invester gain money, is the time for the trader to kill back the retailer invester profit and thier capital as well.
You all like to average down the price, jus let you all buy at every level 0.09 , 0.08, 0.07, 0.06, 0.05..kill more your capital, one shot kill your profit n capital. You think you are smart, yes is over smart. Haha
good way to scare everyone today...ha ha cheap tickets for next week game....so many people get conned so easily here and panic sell.....well thats how we make the $ ha ha
as some people noted, cita realiti and pang, etc, bought on margin. ... the question here is, have they already offloaded everything and now they don't care about mtr price anymore? or they still have a lot of share tied up here? hmm...
based on many shares trading, falling stock like this can be either on purpose or coincidentally.. On purpose - large traders pressing small traders by dumping their shares in large and induce rollover effect and buy back the price at same or cheaper price, and make a double profit in the near term.
Coincidentally - too many sellers at 11-12c, push down the price and 10c/11c traders trying to average and notice price keep dropping, and selling back. One need to be calm but experienced to handle this situation, and must say it must a team work. But this is market, buy and sell at own risks and study.. 7.5c wipes out warrant price, and 11c to 7.5c is a 30% loss. at current warrant price, it will scale back to 9c at least in the next 1 to 2 days. just my views..
Tomorrow could be another sell-off and could drop back to 0.055 - 0.06 cents. What happen to today is normal to Bursa. Other counters do happened like this.
The price would stay and hover around 0.055 - 0.08 cents for number of days before show any sign of uptrend. So, ppl have to wait and be patience.
I don't think it would rebound by this afternoon and I m more optimistic that PANG, CITA, MNC, SANICHI would aquire more share by buying more cheap share. They have succesfully currently anyway as what had happened yesterday and today.
just my views: so 45m shares to buy at 7c, and that's like RM 3.15m and if being sold at 7.5c, it will be RM 3.3m.. if those larger traders were after quick money, they would have sold it as how it happened from 11c to 7.5c. Guess 7.5c has a realistic value for them. Tomorrow, might stay again at 7c/7.5c before next action from the traders.. If it is too scare off traders, they have done well.. if no one has bought their shares from 11c to 7.5c, these traders would have no one to sell it off and price would have stayed at those 11c level but they would have played it with their own cash team.. next few days might be sweet or sour memories.. right now, we have good amount of buyers at 6c to 7c, and these buyers might either newcomers, averaging, or sold off at higher price and queuing to come back at lower price.. not a surprise if tomorrow it moves to 8c or 9c to cancel off the effect from today and yesterday's trading..
(tan sri has it at 7.5c): -> no he doesn't. he sold off everything. he's not a substantial shareholder anymore.
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Posted by Rajuan_Singh > 2020-10-15 11:00 | Report Abuse
The prolong OB on mother is as expected as it superseded the expectation. But I like the 2 prong mentioned by moneykj health and industrial 4.0