so many fake news and fake hopes here.. if i want to provide fake news, probably coming GE15 need many buses to fetch the pengundi hantu or penyokong in coming one or 2 months. LOL.
Info that i research is the new share Teong Lian Aik is previously a substantial shareholder of Latexx Partner Bhd year 2007 and disposed all his share at Jan 2010. Semperit group only came to take over Latexx Partner Bhd year 2012. He is just a normal shareholder that do not have power to make decision in the company. He also an Executive director for Gunung Capital Bhd year 2008. Do you think RTO or take over Latexx Partner will happened? I don't think so until official announcement made that this company has intention to do that. I don't think even the Semperit group know him too since he left earlier before the take over.
Trade with your own risk you might never know will stuck in exclusive condo for coming years.
Analysis of trading pattern suggests this is not a pump n dump goreng because there was no a period of churning & distribution. It was buying to 0.53 n conitinue buying from 0.53 to 0.39 after uma n continue buying from 0.39 to 0.695. It was a buy only move. As shares changed hands were more than issued shares albeit some same shares changed hands more than once during the day, price will not fall drastically as in normal pump n dump move. Buy & hold during next consolidation phase. Wait for monster big move after this consolidation to even to 3.00. Remember that LATEXX was once a high flyer in KLSE.
there were low volume when the price at 0.40 ishhhh....early morning.. i put in an order for 0.385 and then mins later it swing violent going down to 0.37 ( if i am correct)...AND at that moment i was trying to withdrawal Unsuccessfully. Yes i got it at 0.385.
And moments later...it just rapidly move up until limitUp...
if i am not mistaken...very little volume buyung at 0.40 ishhh..
@BearishTrend.....Better start queing tomorrow at 0.58cents... If really someone is on buying spree.....it might limit up again at 0.995 but i hope closing at above 80 cents much better
This is not bus. This is high speed rail! No matter what has driven this, but please remember that They woke up after a long sleep. No one can driven it like that without upcoming goody!
They have to move on. Which company has no past with bad made revenue. There is always chance to turn it over. Glove companies/dipping company like Hlt has proved it with previous high record.
The day is still young. Limit up 0.995 within sight. Big boss will let it consolidate for 1 hr n will goreng it to limit up. RSI at 83% now still low. Wait for RSI to cross 95% in 2 - 3 days b4 taking profit. Around 1.15 - 1.25 thereabout.
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Thanks Gets..next week will order new C250 Full spec