There is no publicly available information on its prospect to justify RM2 billion valuation and and its current business will never quantum leap in top and bottom line . The share price is high as it could be a cornered shares. Operators are churning the shares volume from left to right pockets with high volume.
I think they bought because the Idea the company will bring to the market. Somethin like revolution who knows. It just like pre-ipo investors bcoz they believe on the company future just like facebook, alibaba Grab and ect. Let see what they will bring
I think many investors knew this stock is fully control by syndicates for long time ago . I bought this stock b4 when it was 0.60 over cents in mid march . This is the only stock seems to trade from a different scales in the sense when the market went down it went on a different direction .
People's nowadays are more interested in profits and the stock keeps rising they followed suit defying fundermental reasons behind the company aspects since I should said many have profited and now this is a marked up stock by many syndicates to control the price movements.
2morrow with the untimely uma , hope do not panic selling first and it will rebound if there's heavy selldown by panickers . Want to sell if you feel like doing so only rebound then sell not to suffer so much losses . I bought today at 1.20 and 1.23 . It went up very fast to 1.28 and with some minor retreat up and down constantly at a range of 2 and 3 cents still holding steadily . If without uma , l expected it can cross 1.30 if DJI by 2morrow no big drop then ok . This stock move even when DJI down as l use to monitor for quite sometime ago . For to hold or sell still got to see the situation how the market fare .
Definitely no news to sustain the price . Things will back to normal as uma under the security commission purposes jobs is to ascertain what causes the share price to spike up to inform investors about the risks .
up so many days, no complain. Down one morning, many panicked. Human is so funny. hit and run shouldn't come into certain certain counter. Its already proven that this counter is on a mid-term to long term hold.
Many caught bought on contra basis will be bleeding profusely . Wait for it to cool down first and those syndicates will push it back . I am still holding and never sell.
With this type of closing , 2morrow another round of laosai and contra kakis today never cut loss will suffer huge losses until cannot recognise father........! A very untimely uma that caused much destruction......tiu !!!
Drop due to UMA..not because shareholder disposal share.. UMA replied today... means will start go up... the price is now attractive... Tomolo will rebound back.. after panic sell on today...hope above 1.10...
Corner stock but want to follow cari makan careful abit as this counter from the very beginning is flooded by sharks to push up the price and makes hefty profits . Just swim along and not to be swallowed . Sudden intervals dumping is the norm and just get to use to the apply tactics display out .
cash rich Lambo, a 2c per share company, has enuf cash reserve to pump the price of this nta 2c stock to a high of RM2 in its suicidal attempt to empty its coffers.
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kkl123
1,501 posts
Posted by kkl123 > 2020-07-03 23:24 | Report Abuse
put in 2billion here
to make few millions there?