The counter is fundamentally sound , not many have the ability to catch at the bottom , if you do counted yourself damn good in reading the chart , difference of 2 or 3 bids wouldn’t make you rich anyway.
A positive move to look into the allegations of conflict of interest in terms of awarding contracts and possible financial mismanagement among its top executives at previous quarters. https://www.theedgemarkets.com/node/574177
Selling by EPF well absorbed. After EPF finished selling the price will easily go up to 1.50 when the dateline for Sarawak state election is set after the end of Emergency.
CMSB not facing accounting problem. CMSB problem is human error and mismanagement. CMSB can easily sacks the official in charge and replace instantly with the more experience and trustworthy individuals.
Yes the accounting is order as far as we know. Nothing to worry about in that regard. If it drops further in the short term, it would be a good chance for investors to add more imo.
From the announcement, the heavy sell down on 23/6,24/6 were done by EPF. Perhaps 25/6(expect to announce tomorrow) is also by EFP. This may due to SB effects /symptoms ( from Sarawak ). Strongly believe CMSB is different case from SB, the loss had been incurred and reported in previous quarter reports. If any fault discover from investigation will able to rectify for future improvement or even recover the losses from relevant parties.
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....
siaokar
1,410 posts
Posted by siaokar > 2021-06-28 11:17 | Report Abuse
too early to collect, today is only Monday.