If EPF bought at RM 4.70 and sell at RM 4.05 I believe many M'sian will like to withdraw their EPF money the way EPF lose their hard earned money dabbling in stock market.
Changes in Sub. S-hldr's Int. (29B) CAHYA MATA SARAWAK BERHAD
Particulars of substantial Securities Holder Name EMPLOYEES PROVIDENT FUND BOARD Address Tingkat 19, Bangunan KWSP Jalan Raja Laut Kuala Lumpur 50350 Wilayah Persekutuan Malaysia. Details of changes Currency: Malaysian Ringgit (MYR)
Type of transaction Description of Others Date of change No of securities Price Transacted (RM) Acquired 12 Apr 2016 1,000,000
Circumstances by reason of which change has occurred Acquisition Citigroup Nominees (Tempatan) Sdn Bhd - 1,000,000 shares - Employees Provident Fund Board Nature of interest Direct Interest Direct (units) Direct (%) Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 107,345,227 Date of notice 13 Apr 2016 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5060501
Cmsb which is the main suppliers of cement and precast products to pan malaysia borneo highway should benefits and there's no reasons that its share price continued to drop . Most likely many predicted that BN may loose in the coming states election that have impacted cmsb to halt its cement supply with risks .
Be calm every shareholder of CMS. Just wait for 7th of May to come, sure will rebound to Rm5.00 ++ . Stay tuned. Dun panic. TS Adenan will win D election and Tun Taib n Son will win D Pan Boenoe Project.
Only CMSB can produce cement at lowest cost since they base in Sarawak. Other cement producers need to charge more for extra transportation cost since they come from Peninsular.
Many volume today,this a real falling knife price,especially call warrant,just 1 cent,good signal for last call ?not impossible if more rebound back in share market especially counter Sarawak,past elections they same like this year,give dividen in May ,price will play again,
Haha ...today Maybank IB's LCH recommends to SELL CMSB in TheEdgeDaily, SOoooooooo ... it is a BUY Signal! Market always reverse his technical view. Ha ha ha ....
BN administration's have lost trusts amount stake holder's vying for contracts . Lack of funds to support pan borneo highway projects that attributed to cmsb stock price to suffer.
It may well be that. But the info is not up to date. Who knows, this time around they may be the seller n the ikan bilis the buyer. EPF always trade in the market to make $$$ fr us.
EPF started their buying in Feb'16 and continued until last week. If they dispose they will suffer loss because RM 4.07 is near 52 week low. In Feb'16 CMSB was around RM 5.
Posted by Junichiro > Apr 24, 2016 12:56 PM | Report Abuse It may well be that. But the info is not up to date. Who knows, this time around they may be the seller n the ikan bilis the buyer. EPF always trade in the market to make $$$ fr us.
So CMSB recent drop must be following selling: 1) Foreign fund(who fear BN will lose in coming Sarawak election) 2) Unit trust or insurance companies 3) Retailers or contra kakis.
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BN_118
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Posted by BN_118 > 2016-04-20 10:58 | Report Abuse
If EPF bought at RM 4.70 and sell at RM 4.05 I believe many M'sian will like to withdraw their EPF money the way EPF lose their hard earned money dabbling in stock market.