read between the line.. "Further to the Announcements, on behalf of the Board, M&A Securities wishes to clarify that the Group is currently conducting studies on the feasibility of the high growth sectors that include, but not limited to, e-commerce and technology services (e.g. digital retail services, digital marketplace services..."
Is this a pump and dump? Highly unlikely. I think the price will keep going higher and staying there. First, the volume is too little for the operator to make significant money by pumping and dumping. Secondly, the company has just been taken over by a new owner who bought for 2.50. He would have financed the purchase by pledging the value of the shares to the banks. The higher the value of the shares, the more he can finance. Every chance of this price hitting a crazy TP which I dare not guess. Chart analysis is out of the window for this one.
now is a good time to buy cheap-cheap bursa`s companies,.......real bargain,......even to start a new business by ourself cost more,......better buy established business in bursa, make it better,........you will be rich.
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....