This is marathon type of uptrend. Ppl exited replaced by ppl who enter. Rocket up type only sees ppl exit but not many dare to jump in. 1day up 2s. 1week 10s. 1month 40s. 3months $1.2!
Today no announcement on any selling from EPF and TH so it means that they also acknowledged CMSB share price will move higher. I expecting they will only sell only few hundreds thousand units a day.
Exciting announcement hopes can soften the negative news impact due to WM political unstable and covid cases escalation at WM ( thanks goodness S’wak is under controlled with vaccination progressing very well) .....
Cahya Mata Sarawak Bhd said Datuk Sri Sulaiman Abdul Rahman Taib has taken the role of managing director in the company.
Following Sulaiman's return to the helm, former boss Datuk Isaac Lugun has been redesignated as non-independent and non-executive director effective July 8. "We are pleased to welcome Sulaiman to lead the Group," said group chairman Tan Sri Abdul Rashid Manaf said in a statement today.
"Sulaiman’s familiarity with Cahya Mata Sarawak and his wide-ranging experience in businesses will be invaluable to Group as we consolidate, streamline, and move the Group toward a new growth path, post pandemic," he added.
Abdul Rashid said this transition was due to the early retirement of Isaac, who, will continue to be with the group in his new capacity as a board member.
Sulaiman, 53, has previously served Cahya Mata Sarawak in various capacities there from 1995 to 2008.
During his 13-year tenure, he assumed various positions including that of Group Chairman, and Group Executive Director.
Sulaiman was re-appointed to the board on June 22.
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....
monetary
4,447 posts
Posted by monetary > 2021-07-06 12:20 | Report Abuse
This is marathon type of uptrend. Ppl exited replaced by ppl who enter. Rocket up type only sees ppl exit but not many dare to jump in. 1day up 2s. 1week 10s. 1month 40s. 3months $1.2!