Any share can be goreng by syndicate. Not fair to say only komark has syndicate. Example.
Signature international. Goreng from 0.30 to 1.17 at this week monday. At 2:10 pm monday, news come out that chin hin buy 30% from signature international's major share holder at rm 1.17. At 2:30 pm share price dumped by syndicate to 0.93 in 5 minutes. This is how syndicate works, major price fall in 5 minutes.
One day shark will goreng this counter again. Like i said already the way shark make money is buy low sell high for this counter. Because this is not short sell counter.
Btw Dataprep will be goreng until news come out now shark busy goreng. Nobody knows what is happening there. Just rumour. Wait for news come out then big share price drop by shark. Just like signature international.
Just get out if you are trapped high. This company no longer a business but a share manipulation counter. I never bought coz I know the founder that sold out. Get out
ku setuju dengan py1818, from what ku nampak memang rotational, so nanti akan sampai turn komark pula, memang selalu fesyen gitu, tukang goreng tinggal dulu tapi nanti datang balik goreng, kadang2 kita nampak macam theme play, kadang2 tak ada theme pun naik, so samada you pandai TA ka FA ka, tak jalan, tessa sendiri cakap penat dah monitor kaunter yang kawan2 remiser dan dealer kasi TA, sbb tak jalan macam diharapkan kikiki
1) Year on year the company has gone from 8c low to 32c (split adjusted)
2) Since the disposal of shares from the former owner (July 1), the shares have gone from 24c to 32c (split adjusted), high of 90c.
3) The private placement to replace and rejuvenate the company with fresh funds was handled by a local investment bank via bookbuild to raise approximately 60m from the market for revival and expansion purposes.
4) The losses have narrowed in the past quarter on quarter (under new management and new business model) DURING Covid pandemic.
Komark is not a share you daytrade. If you buy high you may be trapped but if you buy at 0.69 like i do and can afford to hold long term why not? Again i like to remind readers. One year chart of komark has 4 yearly day closing high at 0.68 to 0.70.
Who say shark won't goreng again to that level. Afterall goreng four times already.
I still think it is unfair to say komark's shark is the worst, people lose more money on other counters controlled by other sharks. But here no one mentioned about it. Only i mentioned about it.
I mentioned signature international's shark . What about gets's shark. Nobody mentioned about it. Goreng until 4 00++ then got bursa cautionary advisory then drop big. Nov 16,2020. Bursa issue cautionary advisory. Nov 17 big drop think about it
too many share holder plant their hope with this counter. Fear to cut loss. and the price get lower and lower again day by day. the sharks already left this counter. it is retailer who fear to cut loss still hold their shares.
tak tau sama operator ke tak, masa kita monitor dulu ku rasa yang main ini businessman 50 60 years, cara dia main slow and steady, lepas tu ku agak dia jual bila sampai TP, masuk pula group lain, ku rasa orang muda stail main memang ganas up ganas down
really hope retailer stop q, else shark may keep press the price for get cheap ticket at the same time earning the same gap 0.005, then shark won't push up anymore since earning that same gap, and the ceiling may getting lower and lower
saudee dulu ku monitor ya ding dong, naik sikit ding dong lagi, cuma baru2 ini nampak laju top volume naik pun tinggi, cerite tak tau, setau ku kaunter ini gang 30 sen, kaunter ini owner malaysian chinese tak silap. Memang tau 20 30 sen bertahun, kawan ku dulu suka sangat saudee mungkin dia suka sosej mereka yang jual kat supermarket. lain dari itu ku tak tau sangat kaunter saudee ini
ya betul py1818, kalau you all nak nasihat orang tua, nengok je jangan jual, market memang turun naik, dalam market begini klau lari sini you masuk sana pun jadi sama, rugi, baik diam2, chill! ku missed kps, bila ku komen ada orang cakap dogshitting, ku ingat dia kata ku, rupanyer dia cakap hokkien kps
I bought Komark hoping for a rebound and not only did the counter not rebound but it tanked another 10%. When I cut loss, Komark rebounded 5%. Lol so obvious manipulation. I only put in 1k and still burn haha.
this type of company wastes our country's resources and survive by leeching off other poor retailers. Bursa should kick this company out but remember Bursa is in cahoot with syndicates
The no. 1 rule of investing is don't go all in in one counter whether mother share or warrant. If go all in ie. With all your capital, you would be wipe out if this one share drop big.
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
py1818
1,730 posts
Posted by py1818 > 2021-03-10 18:40 | Report Abuse
Any share can be goreng by syndicate. Not fair to say only komark has syndicate. Example.
Signature international. Goreng from 0.30 to 1.17 at this week monday. At 2:10 pm monday, news come out that chin hin buy 30% from signature international's major share holder at rm 1.17. At 2:30 pm share price dumped by syndicate to 0.93 in 5 minutes.
This is how syndicate works, major price fall in 5 minutes.