anyone can share a view on why a company can be allowed to suspend trading for so many years? tak kan the minority shareholders never complain that they are locked? or don't have minority shareholders?
Next week still got people sell as a lot has been holding for more than 5 years. Some need to force sell due to certain reasons because last time can't sell.
5 years ago, the share price was RM14 plus. After 5 years of increasing profit and upon uplift of suspension, it is very odd and unusual for the share price to drop by more than 50% from RM14 plus to RM7.1 and US is on historical high of about 30,000 points. Could it be massive undervalued as Hong Leong group is a well managed group.
Personal opinion, NTA is not high, volumn not high, majority control by own people, whatever left will be speculated by ikan bilis, those held 5 years ago dumped their holding like tissue papers as the stocks wasted their 5 years. So, if I don't know...
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....
loneranger3211
450 posts
Posted by loneranger3211 > 2020-11-13 11:56 | Report Abuse
I was accidentally pressed at 7.10, wish me good luck