Think can go above 3.00 by this month. Technicals look bullish. Already broke above 2.25 and stay above. Next week will be interesting. Made new high and pullback profit taking. Think uptrend is intact.
10-Sep-2021 Insider KUMPULAN H & L HIGH-TECH BHD re-sale 250,000 shares from 2.440 to 2.490 on 10-Sep-2021. 10-Sep-2021 Insider MR TAN LYE HUAT (a substantial shareholder) disposed 470,000 shares on 10-Sep-2021. 10-Sep-2021 Insider MR TAN LYE HUAT (a substantial shareholder) disposed 100,000 shares on 08-Sep-2021. 10-Sep-2021 Insider MR TAN LYE HUAT (a company director) disposed 470,000 shares at 2.467 on 10-Sep-2021.
Tan lye huat has been selling for the last few months la almost weekly. What's the big deal. At rm4 he'll still be selling. Hightec last qr eps is 3 times more than kobay last qr eps. Lots of catching up to come.
Hightec could easily accumulated CASH of at least RM13M from sales of its treasury shares. Not surprise to see Tan Lye Huat selling bcos his shareholding was 53 44% b4 the shares split; and now after selling 2.3M shares, his shareholding is still 50.3%.
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....
Posted by Apple2353 > 2021-09-10 14:49 | Report Abuse
RM3 in the making... on the way to the sky