Today overall market dropped especially covid related counters. All this counters have been spiked high and limit up again and again. It is a good pullback and correction for further up and prepare for 2nd wave spike. At the same time also phased out those contra or weak players. Asia poly is a strong counter, with its orders line up till next week and renewable energy begins to contribute at least 1/2 million per quarter or 2 millions per annum. Moreover, there are rental and food business income as well. I believe the coming quarter will be much better and stronger
When market down, everyone get panic and pessimistic. Who knows after one or two months you come back and look at this counter, it is already RM1 and above. Just like top gloves and supermax , there were also experienced few round of corrections to reach this high. Definitely a lot investors bang ball and felt regrets not to hold them a bit longer. So the main issue is whether the company is a solid company or just a “ notion” or “ draw pictures “ company. Continue to hold or sell, you decide!
its a vicious cycle, when price goes up ppl be like buy buy buy. When goes down, sell and be pessimistic about it. Nothing new what, malaysian markets is buy on news sell on facts so
hold cash first then wait for other opportunities. Maybe its better to reenter at i dont know 0.3/0.25? But dont let your money be stuck inside, i sold mine at 0.42 with huge unrealized profits but profit is profit yaknow atleast its not stuck. This is a good company but the dip is getting out of hand so maybe the ''funds'' or insiders are doing something lmao. Again like what alot of sifu says DONT GET TRAPPED IKAN BILIS
I have lost my underwear after bought at 0.39 and sold 0.350 after crashed, and then pick up again @0.320 i have found back my underwear again after v shape rebound.
look at chandlestick chart how scary it prices goes to bottom today .. now less risk since oversold region .. p/s dont follow me if ur dont know what ur doing.
I believe most of the people didn’t expect today it went so low and caused panic selling. Also didn’t expect it rebound so fast. The lowest 31 sen and rebound to 50sen. The difference is almost 20 sen. So scary. It also indicates there were big players created the scenario to scare off those weak investors. A good lesson to all of us! Anyway, this is a good company, hopefully after this round of corrections, it will spike greater heights!
12-Aug-2020 Insider DATO' YEO BOON LEONG (a substantial shareholder) disposed 5,000,000 shares on 11-Aug-2020. 12-Aug-2020 Insider MR LIM TECK SENG (a company director) disposed 270,000 shares at 0.456 on 12-Aug-2020. 12-Aug-2020 Insider DATO' YEO BOON LEONG (a company director) disposed 5,000,000 shares at 0.530 on 11-Aug-2020.
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capricornus_tai
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Posted by capricornus_tai > 2020-08-11 16:15 | Report Abuse
So what happening ah?