I didnt buy 30 cents and im not the one complaining here lol... also why u call this counter rubbish and then buy it? everything you buy must LU only considered good ah?
Not sure if u guys realise or not, there is a lot of people accumulating this counter at the current prices. u see the # of buyers against sellers. Is there something going on? Why are people accumulating?
Yea, could be a trap. I managed to hit and run, bought a bit and disposed all my YGL today with small profit. Moving on to another counter... come back when this counter drops below 18 cents.
Bursa is bearish for the next few months as well due to extended MCO without any definite end date. Good luck to you guys here ya.
After i look back and did a double take on the trading pattern and # of traders with the volume, I suspect they using multiple accounts to buy cheap, then resell at the top, then rinse and repeat. This is like the typical market maker/money changer pattern. NTA is only 5 cents, unless there is some big news, this is seriously overpriced as they have no ROE or dividends for shareholders buying this share. When Bursa comes crashing down, it all falls back to fundamentals. If you have no fundamentals, you're standing on thin glass plane. Anytime can break and fall without limit...
ya, this is a typical penny counter with weak fundamental, during market downturn i will die faster and take long time to rebound...i bought it for short term, mana tahu this ex dpm made a fake news to spoil the overall market, now many operators also not dare to goreng liao
U go collect YTL also feel better, at least they have some fundamentals and their quarter report just out with good profits. Their current price is at the bottom with quite a lot of support... dividend is next month, so at least buy also u know have fundamentals or a limit to how much lower it can go. At current price, if they give out the usual dividend, it would be around 6%, which is quite good.
There is no info, people are just speculating... whole of bursa is downtrend sentiment cause MCO extended without end date. Daily cases above 10k. If u wanna gamble and try luck, can buy and try.
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telurgoreng
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Posted by telurgoreng > 2021-07-07 18:49 | Report Abuse
I didnt buy 30 cents and im not the one complaining here lol... also why u call this counter rubbish and then buy it? everything you buy must LU only considered good ah?