let's see the drama till go below 0.7 , then whoever cannot hold then sell, then operator will having smiling face to collect and slowly push back to above 0.9 but not more than RM1 to continue trap people with high bought. with this exercise can gain about 30%. Good money for operator and being sponsor by poor retailer
Just look at the volume and queue, strong resistance at 0.865. The support is fake especially 0.85... let's see it will suddenly dissapear and give fake hope to everyone and the price will go deep down once it break.
It won't be gone, the game just started and those bosses just double up their earning with the recent EGM. My advise just cautious playing with them , if the bosses only value the counter at 0.4 , then help him to make this happen.
PROPOSED SUBSCRIPTION OF 169,936,172 NEW VIVOCOM SHARES, REPRESENTING APPROXIMATELY 30.0% OF THE TOTAL NUMBER OF ISSUED VIVOCOM SHARES (SUBSCRIPTION SHARE(S)) AT THE SUBSCRIPTION PRICE OF RM0.35 PER SUBSCRIPTION SHARE (PROPOSED SUBSCRIPTION)
PROPOSED SUBSCRIPTION OF 169,936,172 NEW VIVOCOM SHARES, REPRESENTING APPROXIMATELY 30.0% OF THE TOTAL NUMBER OF ISSUED VIVOCOM SHARES (SUBSCRIPTION SHARE(S)) AT THE SUBSCRIPTION PRICE OF RM0.35 PER SUBSCRIPTION SHARE (PROPOSED SUBSCRIPTION)
The above is the recent approval of VV shares purchase by Golden Key at 0.35 per share. That does not bode well for other investors except for Golden Key and its related parties.
This is a few months old news, simple and obvious red flag yet ignored by many.
Subsribe to VV shares at .35 with no moratorium attached ?. Guess they will be dumping it by now. As I always suspect this VV boss is a conman and look like a conman.
VV propose PP of .98 is just a trick ploy to try to keep the shares above .90 . Now that is has drop to .83, this PP will not materialize and everyone will get conned.
The below is to confuse and give a fake hope to everyone that this counter can easily go beyond RM1. Good job boss !!!
Posted by ShareGoreng > Mar 25, 2021 4:29 PM | Report Abuse
VV propose PP of .98 is just a trick ploy to try to keep the shares above .90 . Now that is has drop to .83, this PP will not materialize and everyone will get conned.
.35 share subscription by golden key if no moratorium attached, dumping would have already start. Anyway who wouldn't want to make a big profit from the share price ?
@gateway31, many are also staying at condo on high flrs. Look like no choice but get stuck for some time to come. Just hope the sand mining project will materialize or else we all be in deep mud.
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Posted by Runneron > 2021-03-25 13:05 | Report Abuse
Very nice..thank you again guys for the cheap ticket..so happy to collect..hihihi