lau96399 yep yep very strong accumulation i see from volume keep absorb like crazy and no one letting go just yet means the ding dong is purposely capping the spike hahahaha
aarontan1987 Agreed. Just hold tight. The big players purposely capping the spike and keep flushing out those impatient and unsustainable investors. Anytime from now it will spike further. Gloves counters prices again shooting up like nobody business ! Asia poly business very much related to gloves counters and benefited the most fr covid pandemic
jacky9599 i saw some weird volume on my chart for the first time. they dump but not much only half then near 5pm they accumulate balik everything they dump so i suspect got people acquire or deal with the company share dy. then today insider news come out really correct knew jor they accumulating
thetitanic dont beh hiao ba. where is your bearish view??? kan u always want to sell this one. now up dy come say momentum lai liao. momentum always is here just operator cap to knee fk those seller nia
lau9639 correcttt just sit tight diam diam and collect money. this company i think i got 72% of my money here oredi. nothing to do now just sit and wait only hahahaha
ini macam want to push down so can buy more lower and then cash out higher when Q2 comes out. seems like confirm Q2 is a bang liao they now want to purposely control price
He threw 5 millions shares in the off market at 0.20 .Take note, it is off market, not open market. 1/3 below market price,you believe? It must be some positive dealing to exchange for some conducive deal which might bring Asia poly to greater heights!
When I was in IB, one guy very LCLY came to see me about selling control of listed company so he wants to sell his shares at premium being control premium. I told him that if he were to sell off those shares at BURSA market, share price will just dive to below 10% of current market price. So those control shares must be sold at a loss. He stomped off angrily. ha ha ha.
In fact, after this event within 6 months period, I observed 3 listed counters where control shares were sold off at below market price. So I was right at that time.
Conclusion => Off Market Deals being sold lower than current market price is normal
lau9639 first director sell can be two reason nia based on my experience la. one got someone inside want to buy at really low price and cannot get it at current market price cause very expensive so this director sold off value to this person at cheaper value to take over.
two is when near quarter report (report can be bad or good but in this case u and i know the end result dy), director will purposely sell to kasi fear so some investor panic sell first. why leh? simple cause he know that report if good will terus spike this stock high kaw kaw with no break punya momentum like i mentioned previously.
if quarter report is shit... biasa lo he sell cause he know shit dy. but like i said again we know the result liao and other directors also havent cash out so easy to know what they up to hehe.
i3 lurker explanation is good but easier example is if you want to buy my BMW 5 series at market value for 10000, i can sell u off market value at 8000, why not? so normal transaction but no explanation to why sell at off market value.
there is also exception where this director sold off value to i dont know who and this person take at this price dy, market value terus shoot up without any ding dong shit. but i know for sure this company make money in Q2 so doesnt really bother me la. i holding still cause not market price let go also. if market price let go now sure got problem dy lol
@aarontan1987 By the way thetitanic and me are the same person just using diff computers with diff accounts. And no im not bearish on the stock im just saying it has momentum
if u want direct answer u go ask the dato himself lol. but my experience tells me usually is this two case only
axecapital2077 ohh then i think its not u liao. what da heck u guys how many account 1 people? so wu liao one people micro many account do hami lan here lol
anyway can 1 la bro. Momentum is up and earnings season is just round the corner. Hang in there its just one month away before the next quarter comes out. Ive banged 100 freaking trucks on this bad boy
desmond1996 hahahaha if need milk power and condom... wa lan eh dont play stock please. means insufficient capital liao. milk powder and condom how much only oh
milk powder and condoms damn expensive loh when you have a wife and babies in every postcode like say 1 in SS2, 1 in Jalan Alor and 1 in Chow Kit and use more than 3 condoms a day.
i3lurker u this assumption is for king leh dai lou. i 1 wife 1 kid nia also no use that much condom per day. that one if want ratio out in percentage is really mini amount of guys that will touch stock one lo
lan pa pa lan la. if reality like that no more deflation liao la, oredi inflated world we living in dy. this one is the super rich one like i said very mini percentage nia. dont compare one in heaven and then generalize all in hell. like one tian one ti bro
i also know some millionaire la last time hot shot kasi everything 5 star one. roley la, phantom kasi out la, girls top model in vvip club la and etc etc. now sudah downgrade go middle upper class dy. why? debt over head lo. thats why u cakap that one is reality only a few not many is like that one plus important part is CANNOT SUSTAIN long term one unless is tycoon. if give u percentage got 45% tycoon here like that diu u see MYR also wont that poor fk against our neighbour leh. i liked realistic generally better than cakap all this story can fairytale and wayang at lowyat but not in front of me hor bro
I once met up with small factory owner also. We just talk other things like Chinese education in Malaysia, politics and other gossip/things. After talk over, he is happy, contract is a done deal.
Technical specs is not important. Business owners want to know you and your character whether you can be trusted. The only way to know you is to talk general silly talk.
This not only applies to Chinese. Caucasians, US, UK, Australians also all the same. They want to know you, if dealing for the first time. Its all general silly talk. General silly talk is very dangerous, coz if you fail in this stage, so sorry, no contract for you.
apa ini suddenly go contract dy hahahaha. but good experience also la for you. to me my happy go lucky experience is last time got deal with one ang moh in canada for m&a punya contract. not easy to settle even let him syiok with one girl girl also cannot satisfy. then show connection dy straight up settle. in the end all is connection easy cakap easy deal
lau 9639, this off market price of 20 sen was agreed upon a couple of weeks ago when the market price was around 20 plus sen. Its normal to offer to a large buyer at 10 to 20 % discount to the market price. It looks cheap now because the price has risen since then. If market price had dropped since the deal was struck, it would seem like the buyer got it expensive. So you can't have it both ways. This is normal in the corporate game. That aside, the volume picked up considerably yesterday around afternoon time which is their favourite time to operate. Inside hands are prepping for another upward push again soon after taking a 1 week breather. Q2 qr is expected in few weeks so it's timely and building up steam again.
Off market at lower price..no big deal..maybe he pass from right hand to left hand..from daddy to the son or brother..so sell cheap2 la..ini semua game saja...
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aarontan1987
1,285 posts
Posted by aarontan1987 > 2020-07-14 10:38 | Report Abuse
lau96399 yep yep very strong accumulation i see from volume keep absorb like crazy and no one letting go just yet means the ding dong is purposely capping the spike hahahaha