I am worried of insider trading. In spite of strong support, before market close, who have 200 thousand lot to unload in big volume to suppress strong support. Who can afford to sell off suddenly and lower the price with strong support. The left hand selling to the right hand belong to same group. Having million of shares worth only nine cts stagnant for years is a good opportunity by just declare a letter of intent 1.1billion ringgit when market capital less than 180million ringgit. Very disappointed. Bursa approved the rights and bonus by having macquire investment bank secured with 500million shares private placement value 60.5million ringgit. Who can explain this situation that worries many caught heavily.
Actually, Trive, Mlab and Anzo are 3 good friends, namely "The Three Stooges". Mlab & Anzo want Trive to come down and join them at 0.095-0.105 for a big party after they pulled out the big scam hahaha
Very sorry to hear that dxbman,the fact that Bursa approved bonus issue and rights with such huge amount diluting the shares for what reason? Any project, any fundamental just to create more shares with no fundamental, I am sorry just to clarify before things get out of control
Mohsiong, many victims like you. It's insider trading if it is the case. All hold tight with the good news enter letter of intent 1.1billion ringgit to develop homes for SPNB that widely campaign. Will the letter of intent come true or just syok sendiri to draw attention. Million of ringgit down from the highest 27cts,one group support strongly and before market close few hundred thousand lots thrown to buyers. It was repeated since the day when it touch 27cts.Those attended egm was brief with hopes, luckily I and many of us did not hear the gospel message delivered and not caught that much due to the words of wisdom untrue. Thank god save by the bells.
There are many people who try to encourage in the forum to lure buyers otherwise they can't throw to buyers. Sweet promises but only a dream. I agree with kenggee with his experience, it's a fact not all can accept.
Kesley, many were taken for a ride. Those who lost cost of a house definitely getting sleepless nights. Loosing few thousand ringgit not borrowed from the bank can breathe though it's painful. What to do that is fact of life. It's good we have open discussion, we are proud to have people who can discuss cordially, it's we who bought and we have every right to review it openly not for personal glory, just to find out what goes wrong?
When someone provoke me for review, I am not angry neither belittle an opinion, anybody has the right of expression and we should not be angry with decision made by individual
Alibaba, macquire investment 500million shares to trade was at 12.5cts ,trading anything above the private placement made good fortune leaving behind looser gamble with looser until midnight oil and never get back the amount gone with the wind
Thanks chinvest, you are absolutely right in your view. I just test a small amount and found the truth, even the wall to prevent the pressure is broken.
Hopefully 12cts is the support level and bounce back, there are some give some hope, drop another two cts is normal drop from 27cts ridiculous, hope improve by next week it's a great sacrifice just two cts down
It's painful to know but it's the reality hard to accept. Crying in pain with no tears to shed, blame Bursa for what happened, it has been practicing years ago with same pattern.
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....
Pmaster
5,577 posts
Posted by Pmaster > 2017-11-02 16:59 | Report Abuse
I tell u all dun buy