HOOVER -Unusual Market Activity ("UMA") query 16 Nov 2017, 14:59 HOOVER -Unusual Market Activity ("UMA") query HOOVER -Unusual Market Activity ("UMA") query ILC-16112017-00007 Bursa Malaysia Securities Berhad has on 16 November 2017 issued an UMA query on the sharp rise in price of HOOVER?s shares recently. In this respect, investors are advised to take note of the Company?s reply to the above UMA query which will be posted at Bursa Malaysia?s website under the company announcements,http://www.bursamalaysia.com/market/listed-companies/company-annou' target='_blank'>http://www.bursamalaysia.com/market/listed-companies/company-annou ncements/ when making their investment decision. The contents of the UMA query is as follows:- We draw your attention to the sharp rise in price of your Company?s shares recently (?trading activity?). In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of the Main Market Listing Requirements ("LR"): 1. Whether there is any corporate development relating to your Group?s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions; 2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR; 3. Whether you are aware of any other possible explanation to account for the trading activity; and 4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations. Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK. SVP, Issuers You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Paid up only 40m shares...one of the smallest on Bursa...easy to ramp high high. But I can't remember the last time a counter went DOUBLE limit-up so I'm no counting on it, though I Q a little @ 1.22 :D
Careful. Already 100% gain for the week. Next week gap down likely. Would you offer 1.60 for a 40 cents counter. It's all speculative. If you made time to exit. Take your profits to Hok Heng. Same speculator Same Pattern. But 58 cents. TP 80 cents.
Chase high at 1.21 now loss 10 sen + brokerages, will going to loss even more if the stock keep dumping, most worst if stock limit down back to 60 sen or even 40 sen, those buy high get nothing in the end.
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tjhldg
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Posted by tjhldg > 2014-03-28 22:24 | Report Abuse
boleh ka ? kikikiii