Evo118 u're right.Someone is pressing the price down to collect cheap2.I remembered last year, vivocom was 2 sen & nobody wanted to buy it.Suddenly after consolidation,it went limit up few times.Mtouche could be next to goreng.
Anisdesanika Evo118 u're right.Someone is pressing the price down to collect cheap2.I remembered last year, vivocom was 2 sen & nobody wanted to buy it.Suddenly after consolidation,it went limit up few times.Mtouche could be next to goreng. ------------------------------------------------------------------- Yes. The lowest price of Vivocom in a year before consolidation was @1.5 sen. At the day before consolidation, the price was transacted @5 sen.
same as before, syndicate trap u to sub . same as trive dgb. got some promoter on dis counter here before. they will be back here later. haha just wait n see.
This counter is like most (90%) 2nd & 3rd liner counters. Up 0.5 sen down 0.5 sen, next day up 0.5 sen, down 1 sen... this trend continues for 3-6 months. By end of 6 months price down by 2-3 sen, bilis tak tahan and sell, shark buys, price shoot up by 2-3 sen. Bilis then told this is the next DNEX or Awantec, bilis buys... repeat up 0.5 sen down 0.5 sen
Most bilis fully aware of this cycle but for unknown reasons keeps repeating it until bullet all habis. Bilis then disappear from the scene 1-3 years until "a friend" starts talking that he has made a fortune from the market, the market is more efficient now, he takes advice form this nice sifu, he's happy, life easier, bla bla bla... bilis borrows and buys... repeat up 0.5 sen down 0.5 sen
Bilis tak puas hati... he reads, attends courses and seminars, listen to youtube, read some more...bilis now more confident, the seminar sifu next sends tips via whatsapp, etc to bilis... within 2-3 weeks bilis gets more tips from other "friends", researches, telegram, etc... bilis now has 15-25 counters to consider trading everyday... repeat up 0.5 sen down 0.5 sen
Today penny stock goreng..... Woow finally hit 0.05 cents..... No much resistance at 0.055 and 0.06.... unfortunately consolidate, right issue and warrant proposal make it not a goreng counter.... just too bad
ready for what??? this counter everyday fake hope from last year till today. i really laugh everyday see this counter spark plug not sparking. 0.02 is coming. then consolidate to 0.1 then fall again. that's how many thousand % dilution.
This will be a long term game... hold until the consolidation exercise complete and all short term players leave. Only after that we'll see the price slowly inching up. It'll probably take min 3 months for all this, so if not planning to lose money just have to continue holding...
At this current price, that little exercise of consolidation, rights issue and free warrant is going to be a total failure unless they are willing to pump the price before it happens.
Be aware of rights as minority shareholder. Any action by directors to defraud cheat or mislead investor should be reported to Minority Shareholders Watch Group at www.mswg.org.my or macc.
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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....
Anisdesanika
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Posted by Anisdesanika > 2021-02-26 13:19 | Report Abuse
Evo118 u're right.Someone is pressing the price down to collect cheap2.I remembered last year, vivocom was 2 sen & nobody wanted to buy it.Suddenly after consolidation,it went limit up few times.Mtouche could be next to goreng.