SAUDIGOLD GROUP BERHAD

KLSE (MYR): SG (5157)

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Last Price

0.02

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.02

Trading Volume

108,100


5 people like this.

4,797 comment(s). Last comment by whistlebower99 1 week ago

tangen1985

559 posts

Posted by tangen1985 > 2022-02-17 13:38 | Report Abuse

The last three days in a row saw massive sell down at 0.055 cents due to info that only those selling knows on what is happening.... logically it must NOT be good if NOT then why people are selling

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-17 13:49 | Report Abuse

there are ppls playing arbitrage here buy 0.050 sell 0.055 or buy 0.055 then sell 0.06

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-17 13:51 | Report Abuse

this counter has become playground for those arbitrager

Flykite

113 posts

Posted by Flykite > 2022-02-17 17:17 | Report Abuse

That's the name of the game. The operator has the upper hand.

zhm540

2,491 posts

Posted by zhm540 > 2022-02-17 20:32 | Report Abuse

definitely you cannot beat them, so join and play with them....

tangen1985

559 posts

Posted by tangen1985 > 2022-02-21 11:28 | Report Abuse

Lots of selling pressure at 0.055. Insider are selling. Better stay away, until price stablised back to 7 or 8 cent. U play fire u get burnt

Michael R.

4,833 posts

Posted by Michael R. > 2022-02-21 11:33 | Report Abuse

lol... why u suggest 7 or 8 to only consider in? I thought all these while those are TP prices..

Posted by CleanWater > 2022-02-21 18:06 | Report Abuse

Yeah why to buy when price reach 7 to 8 cent. Better buy now & sell at that price. Does not make dense buy at 7 @ 8 cent

Posted by CleanWater > 2022-02-21 18:06 | Report Abuse

sense #

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-21 22:49 | Report Abuse

jump off the boat now
insider news: no shares in your hand will keep your money safe.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2022-02-22 08:40 | Report Abuse

Why price is dropping?

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-22 15:30 | Report Abuse

those arbitrage want the price down so they could make more percentage of profit between the price
0.055 to 0.06 is only 8.33%
0.05 to 0.055 is 10%

Which one do you want?

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-22 15:32 | Report Abuse

So, don't be so naive that the price will shoot above RM 1 again, coz there are many of them want to goreng the price from 0.05 - 0.055 or 0.055 - 0.06 only

tangen1985

559 posts

Posted by tangen1985 > 2022-02-22 15:37 | Report Abuse

The price is down cos probably the financial report NOT as per expected

tangen1985

559 posts

Posted by tangen1985 > 2022-02-23 16:29 | Report Abuse

this financial QTR REPORT WAS IN DEC 2021 ..... news already out. Next financial report should be in Mac

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-23 17:16 | Report Abuse

15th and 21st of March

kfliau

1,977 posts

Posted by kfliau > 2022-02-24 07:03 | Report Abuse

@hiddenJ Do you mind to share why 15th and 21st March? Quarter result usually at end of March

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-24 11:01 | Report Abuse

These two dates are only predictions of a large movement in shares price will happen, it might be a dramatic drop or a dramatic rise.
Again, only a prediction.

kfliau

1,977 posts

Posted by kfliau > 2022-02-24 13:38 | Report Abuse

It is already at the bottom. How to drop some more?

tangen1985

559 posts

Posted by tangen1985 > 2022-02-24 18:14 | Report Abuse

Geo-politic scenario does effect the shares movement today. Investors are selling down fast.
That was why earlier I told not to touch this counter. I may consider to re enter when I see pricing stabilised around 7 to 8 cent where the momentum on uptrend is seen

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-24 22:04 | Report Abuse

the date predictions for large movement
15 March - 25 March 2022
Just wait for it.

Posted by HaroldHuong > 2022-02-25 15:08 | Report Abuse

Only end of March got movie to watch here?

kfliau

1,977 posts

Posted by kfliau > 2022-02-25 17:35 | Report Abuse

Got to ask hiddenJ. Looks like he is the insider

hiddenJ

113 posts

Posted by hiddenJ > 2022-02-25 23:12 | Report Abuse

hidden J is not an insider, only doing some time series analysis, predict the large movement of the shares price.
Again, only a prediction.
Stay tuned for 15 - 25 March

kfliau

1,977 posts

Posted by kfliau > 2022-02-26 08:02 | Report Abuse

Ok. In hiddenJ we trust

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2022-02-27 15:02 | Report Abuse

Look interesting this counter. On my radar now. Just watch first!.

kfliau

1,977 posts

Posted by kfliau > 2022-03-01 13:33 | Report Abuse

Guys. What do you think is the possibility of share consolidation?

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-01 15:55 | Report Abuse

predictions follow the price changed,
stay tuned for 25-31 March 2021
Will it be a large movement of a drop or a rise? Stay tuned.

kfliau

1,977 posts

Posted by kfliau > 2022-03-01 16:01 | Report Abuse

@hiddenJ how come you shift the goal post again? It was 15th to 21st March earlier

kfliau

1,977 posts

Posted by kfliau > 2022-03-01 16:07 | Report Abuse

Naturally if by end of March company were to post good result, needless to say the big price movement will be up. That's why I asked why 15th to 21st for big price movement

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-01 21:52 | Report Abuse

As mentioned earlier, it is a time series analysis, that depends on changes in factors, such as the current share price range that would affect the current predictions.
Also mentioned, it is ONLY a prediction.

kfliau

1,977 posts

Posted by kfliau > 2022-03-02 10:02 | Report Abuse

@hiddenJ according to your time analysis of big price movement, assuming is up movement, what is the target from your analysis?

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-02 12:59 | Report Abuse

assuming up movement, it will be at least 0.445
assuming down movement, it will be below 0.035
but again, only a prediction

kfliau

1,977 posts

Posted by kfliau > 2022-03-02 13:02 | Report Abuse

Thanks. Hope market force can recover

kfliau

1,977 posts

Posted by kfliau > 2022-03-02 19:56 | Report Abuse

@michaelR Hi Michael, what do you think is the chances of saudee going fir consolidation? Since 20% pp was completed at 0.055 and esos also at 0.0515 to 0.055 , I feel it is not likely

Michael R.

4,833 posts

Posted by Michael R. > 2022-03-03 01:30 | Report Abuse

It depends on you people... the more you join the more likely consolidate will happen...

Current NOSH not too big.. looks ridiculous for consolidation...

otherwise... just like BRAHIMS... 0.050-0.055 is the floor for the next round of extreme bullish.. after that these prices movement will complete a head and shoulder.. you know chances after that... But if goes too low anyone could takeover the business and/privatised.. Or if got big project or white knight comes in..

Anyway food business is always highly profitable because ... people do eat... good products people buy...

TAYOR...

Posted by CleanWater > 2022-03-03 03:02 | Report Abuse

I ve been queing to buy at the lowest of now at 4.5 cent but failed. Hope more ppl will sell

kfliau

1,977 posts

Posted by kfliau > 2022-03-08 16:12 | Report Abuse

@cleanwater, you can buy 4 5 cents all you want now

kfliau

1,977 posts

Posted by kfliau > 2022-03-08 17:54 | Report Abuse

@hiddenJ with today's big volume and down, what does hour time series analysis say?

kfliau

1,977 posts

Posted by kfliau > 2022-03-08 17:55 | Report Abuse

Your

Posted by CleanWater > 2022-03-08 18:24 | Report Abuse

Yes. Finally managed to eat all the volume qued. Unfortunately price dip to new low...

kfliau

1,977 posts

Posted by kfliau > 2022-03-08 18:27 | Report Abuse

What I feared most is consolidation. Like Kanger from 3 cents consolidated 10 to 1 and from 40 cents is 9 cents today

kfliau

1,977 posts

Posted by kfliau > 2022-03-08 18:28 | Report Abuse

30 cents

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-08 18:28 | Report Abuse

Time Series Analysis
new dates: 30 March - 8 April
Assuming Up: at least 0.335
Assuming Down: below 0.0250

kfliau

1,977 posts

Posted by kfliau > 2022-03-08 20:28 | Report Abuse

Thanks hiddenJ. What could be the possible catalyst for big movement up? Another m.o.u. to export to China?

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-08 23:53 | Report Abuse

Maybe yes and maybe not.
In economic view, Malaysia's exports mainly are electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent). This is the recent data you can find online.
So, what we can expect a big movement if up probably is due to its quarterly financial report or there are sharks coming in the market to goreng.

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-08 23:55 | Report Abuse

But obviously, the current price is being goreng down by those arbitrages, as mentioned earlier, the lower the price, the difference of percentage they gained will be more.
For example:
0.055 to 0.06 is only 8.33%
0.05 to 0.055 is 10%
0.04 to 0.045 is 12.5%

hiddenJ

113 posts

Posted by hiddenJ > 2022-03-08 23:57 | Report Abuse

The price will be continuing down due to those arbitragers who only want to earn 0.005 - 0.010 difference.

kfliau

1,977 posts

Posted by kfliau > 2022-03-09 07:20 | Report Abuse

Thanks for the explanation hiddenJ. Even though this company's financial is quite sound with 70 millions cash or cash equivalent on hand, what I feared most is the shark use this money to buy rotten penny stocks which is the modus operandi of the Lien Hoe gang

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