JJchan from 1.30 to 1.70 got only 37m free float....mostly likely 70% already kept by IB bcoz after T4 vol plunge down to 3m....my advise to Mr Syndicate, you have to push from 1.70 to 2.00 to have another 40m free float....so how the timing is about right for april goreng <-- Too expert but make me laugh. Do u know tat volume 37m doesnt mean tat someone is buying 37m?"The real transaction" can be only 10m. I can buy and sell repeatedly many time in one day in order to create volume.
Thursday, 30 March 2017 Local funds to the fore? Poised to invest RM4bil on Bursa BY INTAN FARHANA ZAINULandTEE LIN SAY
Sources said local institutional funds are expected to invest RM4bil in the equities market in the next few weeks. “Firstly, a local fund is expected to invest RM1bil in the local bourse starting next month to mainly buy the big-capitalised stocks. Apart from that, there is also another RM3bil of “fresh money” to be invested by government-linked investment companies (GLICs) in small and medium-cap stocks over the next few weeks,” said sources.
With the 4.25cents dividend pending, unrealistic for it to go down to 90cents... probably go down to 1.1x range. Even then, it's a good dividend yield to pickup
Whoever bought at 1.60++, gonna loss alot. Aunty n uncle sold kps, but those who called themselves "expert" go to catch all. Insider already knew the deal is not succeed so they dumped after the price up. But those who didnt know, assume tat there is an accumulating mode not distributing
Musangking: This is called pump n dump. Create volume n good news made the share up alot. People chasing think tat the deal has gone through n chase it but in reality it is not.
There might be same still trap at 1.70 like des....,paperp....&...888. The news for postpone is out two weeks ago and has appear in the forum but everybody is so excited and forgot about it. That is stock market - human emotion.
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rogers123
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Posted by rogers123 > 2017-03-29 18:40 | Report Abuse
JJchan from 1.30 to 1.70 got only 37m free float....mostly likely 70% already kept by IB bcoz after
T4 vol plunge down to 3m....my advise to Mr Syndicate, you have to push from 1.70 to 2.00
to have another 40m free float....so how the timing is about right for april goreng <-- Too expert but make me laugh. Do u know tat volume 37m doesnt mean tat someone is buying 37m?"The real transaction" can be only 10m. I can buy and sell repeatedly many time in one day in order to create volume.