@neWbie606, as mentioned earlier, after price adjustment, there will be a slight drop for one or two day and it may pick up slowly by next week. The counter is manipulated and is played like a magic in their palm. Anyway I opine that it would not be under selling pressure. The big boss is the same like us, hoping the share to be up after the national budget to be announced tomorrow. Don't forget that this counter came down from the highest of RM14.80 done in the past 5 years. Happy trading and good luck to you.
It's always entertaining to come here and read some comments especially on the times when a stock either drops or corrects. Kind of like a stand up comedy to cheer some of us up. It seems there are 'investors' and there are investors. Cheers everyone, hope we have a glorious budget 2022 tomorrow.
HLC 1st Q 2022 cannot be good vs previous quarter. There was exceptional item last quarter. Trading volume should be down in line with Bursa results. Moving to 2022, the prospect is bleak. QLC, however, is the decision maker on whether HLC goes South or North.
why this counter keeps on dropping for weeks, from the highest of RM8.90 drops to the lowest of RM6.000. The company is making of 44 M quarterly, i don't see any good reasons for it to drop terribly, can it be that the counter to be privatised by the substantial shareholder namely HONGLEONG FINANCE. or it will be suspended by Bursa again for non compliance of public spread of 25%. any one who knows the reason why this counter is keeping on dropping, please share with us your opinion, thanks. Bursa market price is better than Hong Leong Capital now.
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....