13-Apr-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) disposed 10,800,000 shares on 12-Apr-2021. 13-Apr-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) disposed 2,083,500 shares on 09-Apr-2021. 13-Apr-2021 Insider BERJAYA GROUP BERHAD (a substantial shareholder) disposed 2,083,500 shares on 09-Apr-2021. 13-Apr-2021 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) disposed 10,800,000 shares on 12-Apr-2021. 13-Apr-2021 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) disposed 2,083,500 shares on 09-Apr-2021. 13-Apr-2021 Insider BERJAYA CAPITAL BERHAD (a substantial shareholder) disposed 2,083,500 shares on 09-Apr-2021. 13-Apr-2021 Insider BIZURAI BIJAK SDN BHD (a substantial shareholder) disposed 2,083,500 shares on 09-Apr-2021. 13-Apr-2021 Insider JUARA SEJATI SDN BHD (a substantial shareholder) disposed 2,083,500 shares on 09-Apr-2021.
VT and BOD need to display more efforts and walk the talk to restore the faith of the market. Buyers are still weary of significant drop of the price, moving away from the counter as soon as possible in fear of being trapped. On the long run, VT is at the losing end. Just look at AirAsia (still RM1.00), the shareholders rally behind the company even it is PN17 and affected by yet-to-go-away pandemic. Regardless how many IPOs VT plans to have in the future, they will be poorly received as long as there is no faith from the market. Another implication will be talents will not stay in a company that is not progressing.
If you look into the lives many businessmen, far more successful than VT, donated more monies to the society and the poor. Their upmost principles are always related to integrity and keeping the promise.
Resistant not broken. No uptrend confirmed. Support not broken. No downtrend confirmed
Trading strategy - For short term trading, sell near resistant, buy near support. If however support breaks, cutloss. For long term trading, buy when resistant is broken.
@sailang_now @py1818 tks for daily buletin should do one for BJCorp? 15/04/2021 8:17 AM
The resistant prices provided in the daily buletin is upto resistant 0.48. And support is upto 0.28.
This share price movement is 3cts a day. That is why not necessary for daily buletin. But DATAPREP price movement 0.29 almost limit up. Need to provide daily buletin. It may limit up today or limit down today and breaking many resistant prices or support prices.
The important thing is resistant. If resistant broken, it signal downtrend. But will provide buletin from time to time. Noted.
Support 0.34 Support 0.28 Support 0.26 Support 0.24
If today closing price close below 0.34, signal downtrend. Verdict - According to charts, BAD. A good stock will always break resistant, but bjland is trying to break support 0.34. In fact it broke support 0.48, 0.42, 0.38 already. Now these supports become resistant. Ie. Resistant 0.48, 0.42 and 0.38
For traders, today they hope closing price close above resistant 0.38 to show UPTREND.
Now will be a good time for VT and Jalil to privatize Bjland. Bursa will have to revise and tighten regulation soon due to recent incident involving the manipulation of many penny stocks by the major shareholders.
VT and the gang has been pressing down the price for more than five years from RM1 to RM0.150. I believe they have collected good number to have a MGO. Hope they will be give a fair and reasonable exit price for the remaining shareholders who trust his promise.
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https://klse.i3investor.com/blogs/pennytostar1/2021-04-13-story-h1563307326-REX_Year_of_Turnaround_Rex_posted_second_consecutive_profitable_quarter.jsp