they forced to price to sell at the range of 0.8-0.10, now force selling those who bought at that range to collect low to push up again. u thought they will let this gem to be there for 3months meh? if u buy at the correct price, surely u will earn something.
How can be like this? The negative is in billions of ringgit man! Feel sorry for everyone holding the company. I don't think anyone could foresee such losses. Either way I think market will over react and share drop to 3.xx...at that point I may collect some.
nikicheong.... i like ur enthusiasm... "market will overreact...that point i may collect some :-) I think what umw did was total clean up of books ahead of demerger with UMWOG... good time for spring cleaning and start clean...
The losses from UMWOG is nothing do with UMW anymore as UMW have fixed UMWOG share prices to be sold that is why UMW is focusing on its own main business like cars that will be generating good profit in FY2017 based on accounting term and fund managers are not stupid in the case.
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eatsmall
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Posted by eatsmall > 2017-02-22 11:28 | Report Abuse
@Jackyle..U make me Jangan Ketawa..btw where is MrLabu-labu with his Tractors..Labu tractor hang kena hempap dgn kayu balak ke..sonyap je..