Since all those crooks have been terminated, I presume whatever kpmg investigation outcome has nothing to do with cms. It's against cms ex employees. No?
Impressive financial result, 1 & 2Q combined RM125 million nett profits. Better than expected . Will be very strong on the rest of the 3 & 4Q. Pre campaign for the S'wak election will announce projects allocations.
1) Big whales starts dumping "baby" at peak Rm2. 52, where most tickets is acquired at low during bekir margin call time. Rate of dumping, slow with very big gain. 2) purposely leak out internal wrong doing CBT by CFO, market panic, rate dump intensify by whales(still gain) coupled by fund selling EPF & Tabung haji. Retailers join in to savage what ever paper gain. RM2. 2 to to RM1. 8 3) some retailers and some big sharks try fighting back. Whales will sell when price try reversal prompting price to deep further. More shareholders (those at penthouse) starts to cut lost after support after supports fail to hold. CMSB delay finding and no +ve news on current issue. RM1. 8 - RM1. 4 4) Whales dump the balance holding akin the final nail to the coffin. RM1.4 - RM1. 2. meagre gain/break even/small lost. 5)retailers lost hope kept selling. Bad market days due to MCO RM1. 2 - RM1. 05
6) Big funds mostly insiders start to accumulate big. Whales of same allegiance collect too and will block/hand brake until collection is done. RM1. 05 - RM1. 30 7) release news 3rd party audit by KPMG is of min damage. IN ACTUAL CASE COM. FINANCIAL RESULT ARE INTACT, no evidence of tempering. KPMG report the facts only!!! 8) whales release handbrake, a gentle push and market react positively/cheering to the announcement by buying back aggressively knowing BABY is a gems. 9) State government announce dissolve of State Assembly after audience with Governnor(Peh MOH) and pending election date from EC. 10) CMSB surge higher day by day, good news after good news.
Really useless EPF keep on selling while CMSB share prices keep on going up. Must be primary school leavers at EPF doing all the sell orders. No wonder dividend given by EPF keep dropping year by year.
I think the report will mainly tell you what happened and how to prevent it in the future. And likely to be used to charge the relevant parties in court.
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....
wssvin
48 posts
Posted by wssvin > 2021-08-30 16:16 | Report Abuse
i fully agree with you....sacked all good players n keep the shit