don't worry,the deals will announce soon but not in AGM. just my opinion la.this is big game for KWAP and big fish,but i believe at least 80% agreement are done and whole pictures in place.from 1st day i bought since last 3 weeks ago,i plan to hold it for long term unless mgmt announce the project is failed.
Somebody control the price before the news come out.but i dont know what new i buy this share because many research search this counter under value .so wait n hold.this few day it is very hot.many volume .
As i mentioned previous post. Buyer and seller are same group Diretors. They goreng from 1.39 to 1.59 and then dispose. They are big fish, we cannot do anything. Other Listed company also the same, many way can goreng. My father, uncle and i will keep for long term for benalec.
director fund is limited.they ain't selling part of their shares,where got money to goreng this counter.i don't think every director play important role in business operation,some of them especially china company very likely to speculate the share.this is the way they earn the profit to further their business or settle debt.nobody know what happen in next few days or even this month,but i'm sure that if no breaking news coming these 2 weeks,the price will heading south.starting july fund manager will go holiday and close their sales.especially before hari raya.
A northern doji has been formed. Intraday high 1.57 could not breakout the recent 2nd high of 1.57 thus it retraced to 62% at 1.53. Tomorrow is the challenging day for this counter & pls be prepared for its roller coaster ride & may dip to 1.49 then 1.42. The bright side is this counter has not been overextending & vol has been exceeding the 30MA. Of course, i hope the good announcement can be made tomorrow b a booster to its upswing.
Pls correct me & guide me if i m wrong as i m stil under "Probation".
i don't think TA give severe impact at moment,i am concerned about tomorrow AGM and the global market. US up,europe drop,still unstable.abu dhabi cutting cost to narrow their investment in global wide.it depend how the m;sia and johor government working together with management team to keep project rolling.EIA not issue here,is concerned about the return of investment of tanjung piah project and where to source the fund to develop this project (30bl if not mistaken).
i m only concerned about how will the price go tomorrow since it seems so uncertainty to me at this hour so i can standby accordingly. If that external causes huge impact such as the things u mention, neither ta nor fa can help, only we ourselve can help by running as fast as possible,, hehehe..
Hi winwin!! What is your opinion of the following doubts:-
A stock normally wil respond aggressively prior to the announcement of positive news. Why did this counter only respond by 13% surge then later ding ding dong dong at 1.53? Did that imply that something not in line according to the plan? TQ
if bad news tomorrow,anyone of you will sell?if you sell,big fish are winner in the end,the game will replay again and all of us wasting our time here for 3 weeks.director realized the price will drop after tomorrow,taking profit first and assault for other day.but my experience told me,the rally won't over as long as big fish still playing around.
i don't know their intention to dispose their shares,due to bad news or just another speculation purpose.but i sure the price won't drop below 1.50 tomorrow because management will give good answer on project status if the agreement yet deal.
they keep the shares at low prices and keep playing hi-lo. now the news and FA supported the momentum to raise the price... if they don't raise the price, another big fund will.
usually I'll sell if have 20c profit, but now I'm afraid later got to buy back at a higher price this time, better keep unless u need that money to makan.
If the directors acted on insider info to dispose their shares then they can be sued. However, there isn't always a direct correlation betw insiders selling and the subsequent movement of the share price. At least this is what I observe in the US market. M'sian market who knows...
Tan1957 u r right. I also forgot this, if director acted on insider info to dispose really will be sue. the company reputation also will drop. I think maybe MD going to resign soon and dispose his share or he need money to invest in others counter.
here you go: (Kuala Lumpur, 10 hearing) Wang Yang Holdings (BENALEC, 5190, the main board building) size of the company to expand its regional and Sophie Chau Malacca Iskandar, brokerages bullish in the two states is to flourish, it is expected to increase to 15 orders billion ringgit in the next 10 to 15 years net profit will grow to 1.2 billion ringgit.
The stock market opened today to 1.53 ringgit, micro Jan 2 cents, closed at 1.54 ringgit pending, Jan 3 cents, trading 8,645,600 shares; closing today, Wang Yang Yang holding two cents to 1.53 ringgit, Volume 20,338,600 shares.
Affin Investment Bank in the analysis report that Wang Yang Holdings is the only one with the land exchange (land-swap) operations reclamation contractors, because exchange profit margins, the company earned a high amplitude more than the industry average.
"Wang Yang Holdings in Johor Tanjung than Ai (Tanjung Piai) and Pengerang (Pengerang), respectively, with an area of 3485 acres and 1760 acres of land, plus the Malacca undeveloped 500 acres of land, which is expected to be as high as 2 190 million ringgit. "
The bank expects Johor Tanjung than Ai project will also provide Hongyang Holding, bringing more robust cash flow performance.
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i would expect it clear RM1.60 by today and build a base from there and move north. But today closing like giving mix signal leh....