KLSE (MYR): VS (6963)
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Last Price
1.04
Today's Change
+0.03 (2.97%)
Day's Change
0.985 - 1.04
Trading Volume
40,830,400
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tokti
2,643 posts
Posted by tokti > 2019-01-14 21:24 | Report Abuse
The earning warning by the Management was that they have seen a drop in buyers projections for the next 6 months, equivalent to about RM500 millions. The price dropped from RM1.60 to RM0.63 and totally killed all Warrant holders.
Do you think the Management is so transparent to provide Earning Warning of losing RM500 million sales without ready answer for the questions raised, especially such a drastic drop in stock price??
Look at the ways the MD answered questions raised in AGM, how confidence he is and even indicated in severe negotiations with 5 MNCs. I believe he has big bullets in his pockets already.
Lets see how the price move from now to CNY..