Slow slow topap. Collect 0.025-0.03 until reach 5m unit within tht period n sold at 1.0 then can pencen awal. Once a while will shoot up at 0.075 cuci kejap. Bole ka ini mcm? Hahaha
Edu just announce the QR report last month, with Net Asset Backing of 0.08+. Unless you're finance staff inside Edu with inside info of the finance report ending Feb 2020, we wont know result till April 2020.
Economic impact is going to be huge and this will be much worse than SARS. The rate of infection in terms of speed number of infections already surpassed SARS in 2003. If you can remember what SARS did to our Bursa and economy then you should expect much worse this time. Sooner or later people is going to abandon places where there are crowds such as restaurants, cinemas, hotels, shopping centers, airlines and so on. Nobody is going to spend money and our economy will be grinding to a halt.
This impact is going to have big impact for the global stock markets. Slowly they will be making new lows with occasional rebounds. I am not surprise if Dow Jones going back to below 20,000 by end of this year. As for our Bursa, i am not surprise to see anything below 1200 by year end.
By the way the sell queue in Eduspec has grown from 17 million to 30 million shares today. This certainly create a huge road block for any advancement in Eduspec share price.
Anyway Dow Jones has already dropped close to 400 points from its high at 29,568. Another 2000 points will put Dow Jones into bear market territory. That is 20% from the high. In normal circumstances stocks go up by the elevator and come down with the escalator.
But now in times of panic, stocks go up by the elevator but come down without any elevator. Yes, free falling by the gravitational pull. Look at the free falling European stocks. Has been dropping by 3-4 % for the past few days. I guess there is too much complacency towards the impact of the corona virus threat. It might be too late for some countries to do anything now other than embrace the full impact of the virus effect on their economies.
China and Japan has close all schools again. Yet Europe has not put in strict control measures. Their borders are still porous and people are free to move around. Wait till there are an explosion of new infections which i think in the coming weeks. Then panic will set in one more time.
There is now a mutation of the original corona virus and its ability to infect person to person has increased substantially.
Monday this counter is fly up , congratulation to Tan Sri Muhyiddin Yassin PM-8 ......Eduspec fly fly fly ............TP 30cent is coming and future become RM1.00
Wow !! Last minute dumped about 27 million shares. Now 44 million shares queue at the 0.02. I hope tomorrow someone can "telan" the 44 million shares at 0,.02. If not 0.015 will be in danger tomorrow for sure.
Heck, just wonder who are the sellers. There are 94 sellers on queue. Might be AOF as their cost is 0.016. They still make a profit of 0.004 which is about 25%.
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....
cutecutepanda
151 posts
Posted by cutecutepanda > 2020-02-27 09:24 | Report Abuse
no more support dy. 0.02/0.025