30% new shares issued to eligible Directors and employee, etc..... what is the issued price ??? 'If' the issued price of ESOS is 0.005 sure would dump now if they have the shares in hand.
seems like this week's high volume was due to 2 major shareholders disposed their share at 74.5 mil units x 2 and 1 new major shareholder acquired 100 mil units => net was disposing 49 mil units to retailers
that make sense, volume is so high and yet price no movement, seems 5 cents is the agreed price for the 3 major shareholders to transact only, 2 persons dispose total 149 mil via open market and 1 person acquired 100 mil via open market, retailers follow rumors absorb 49 mil units
After the dissolution of the Congress, the stock price of the advanced joint venture went from a low of 6.5 cents on November 4th to 32 cents on November 24th, a surge of 400%.
In any case, after Anwar officially became the 10th Prime Minister, the share price of the advanced joint venture fell from its high level and closed at 20.5 sen last Friday.
This is a typical example of "buying rumors and selling facts". When Anwar officially became the prime minister, the stock price of "Story End" also fell sharply.
The question that the market is most concerned about today is "Which politically connected stock will be the next stock that may go up?" ".
The answer will be "Who will be the next Deputy Prime Minister"? The unity government organized by Anwar is based on the Pakatan Harapan (PH) and Barisan Nasional (9BN).
The current chairman of the Barisan Nasional is Dato' Seri Ahmad Zahid. There are rumors in the market that Ahmad Zahid may be the lucky one.
The GEM company Weiling Technology ( MQTECH 0070 ) and the main board construction group Jiankun ( JIANKUN 8923 ) are listed companies related to Ahmad Jahi. Ahmad Zahid's daughter Dato' Nurulhidayah binti Ahmad Zahid is currently the director of Weiling Technology, and his son-in-law Dato' Saiful Nizam is the director of Jian Kun.
Lunu Setaya The market is paying attention, will these 2 stocks repeat the history of Advanced Associates (ACB) stock price madness in the past few weeks? Last Friday, MQTECH closed at 4 sen, with a total of 17.4 million shares changing hands; Jiankun closed at 21.5 sen.
If the history of advanced joint ventures repeats itself, the target price of Weiling Technology may reach 20 cents, and the target price of Jiankun may reach RM1.00.
Even if the share price performance of these two companies is only half that of Advanced Associates (ASB), that is enough to squeeze these two companies into the top ten stocks for trading.
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....
Jerung
257 posts
Posted by Jerung > 2022-12-01 13:01 | Report Abuse
I think life is a gamble sometimes win sometimes lose