VC made announcement to raise RM33.8M through PP of 291M VC which means fixing PP at RM0.11 Don’t hope VC will drop to RM0.04 for you to buy cheap. If you panic sell at RM0.09 to cut loss have only yourself to blame because VC must appreciate to allow BOD to achieve PP target of RM33.8M Otherwise may not be worth the PP exercise. At RM0.09 PP there will have a shortfall of RM7M from its target which is quite substantial
Good that you have sold at RM0.15 Mamak123 I based my decisions on VC fundamentals, financial results and announcements. Have made many rounds already from VC
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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....
zhm540
2,491 posts
Posted by zhm540 > 2021-06-21 11:18 | Report Abuse
slowly going back to 2s... and then another consolidation 4:1 before another RI at 10s.... history repeats itself...