Today volume is above 200m (42%) so I suspect no major shareholders traded today unless there is announcement on bursa today. Meaning it is good as who bought during limit up (43 sen) already sold the shares unless they prefer to hold. So the downward pressure is less.
However, trade with cautious. My strategy if tge share price up too much, can sell and buyback (if lucky) or cost averaging down if attractive enough. Otherwise just pick-up and hold or cut loss, depending on situation. Plenty of ways to deal with this share which is volatile in nature currently.
Until RTO is completed and award of NIIS, this stock is to be treated with care unless if u are so confident and can buy-hold
The Edge Financial Daily January 09, 2019 | Updated 1 year ago
KUALA LUMPUR (Jan 9): A former Tourism Malaysia official was reportedly remanded for four days over a RM100 million tourism contract awarded before Malaysia's 14th general election. Datuk Siew Ka Wei has been arrested by the Malaysian Anti-Corruption Commission (MACC), according to news reports.
Anybody got any idea whether he was acquitted? Will SC approve such a take over given its history?
Funny how people bring in charges of the boss half a year ago to indicate that this counter will fall. It is like saying any company that Najib stays in, the stock will fall.
Forgetting that because they are corrupt, is the main reason why they get major projects. Look at the business partner in his charges and who he is to know the connection between these companies. In Malaysia, if you're a crony, you're relatively immune to conviction. Najib is not in jail yet. Zahid is not in jail yet, hell even Chew Ben Ben from Dsonic is not in jail yet.
Careplus n other smaller glove related counters all look up to the top 4 eps tg n supermaxx...now that both alrdy announced bonus issue...the price movement wil not gap up too much....this wil indirectly affect other glove related counters...
Looks like by announcing the bonus issue has dampen the overall trading sentiment of glove n health related counters.. The impetus the excitement gone...
Thus far not a single words fr S5 ...pertaining to Ancom deal except what we can read fr a few wtitten article...the same goes wt the earlier announced proposed rto of connect county...
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Posted by HandsomeGain > 2020-07-20 17:01 | Report Abuse
Ah pang dah lari lu....he has advance news