Posted by alex > 2021-01-20 09:47 | Report Abuse

this MD wants sell his all shares by today ah?? if 0.26 nobody wants.. then sell 0.2.. if 0.2 still cant sell finish.. then 0.15 ?? eh.. ah.. hmm.. ok..

Posted by newcomer1388 > 2021-01-20 09:50 | Report Abuse

WHAT IS HAPPENING TO THIS SHIT OF A COUNTER??????

Posted by alex > 2021-01-20 10:04 | Report Abuse

if you thought yesterday 0.3 was mega sales.. and you bought ton of lorry happily.. and surprisingly today still got mega sales.. maybe no end mega sales is waiting for u.. provided u got lot of cash.. and u have "confident" with this company.. since MD also cabut liao.. something wrong is happening .. interesting to see how low it can go..

Posted by newcomer1388 > 2021-01-20 10:06 | Report Abuse

you can tell the MD has lost confidence in his own company hence disposing a huge amount of his shares........ if u look at topglove, it's a whole different story...

Posted by azta12 > 2021-01-20 10:21 | Report Abuse

selling not over yet

Posted by Citadel00 > 2021-01-20 10:24 |

Post removed.Why?

Posted by garychee8 > 2021-01-20 10:25 | Report Abuse

DONE 0.26..FINGERS CROSSED...

Posted by alex > 2021-01-20 10:29 | Report Abuse

suddenly drop boom from 0.28 - 0.265.. waiting another more boom coming.. come.. if u dare, boom till 0.2

Posted by Nancy Boon > 2021-01-20 10:39 | Report Abuse

why the MD keep selling shit what happening or He throw now let people's panic selling later buy back cheap cheap price....? I see the share holders some have small share are big company Standard Chartered Spore Great Eastern Life, Maybank Invest and so on....? any advise ..? Please....

Posted by Gelbert > 2021-01-20 10:41 | Report Abuse

Ji pai ma hoseh liow

Posted by bnmacai > 2021-01-20 10:49 | Report Abuse

Careful margin call on certain individual.

Posted by zKingDB > 2021-01-20 10:50 | Report Abuse

Ji pai hai lat liao

Posted by invest168 > 2021-01-20 10:52 | Report Abuse

@tommyteo09 I would agree with newcomer1388 that this is a "SHIT OF A COUNTER" but at the same time, i also have to say that this PUMP and DUMP plan is very well orchestrated.

The company announced the acquisition of a glove company (thematic play) on Dec 1 (end of day) to create liquidity and buying momentum. A lot of buyers were trapped at this level. Infact, if you look at the chart, the insider buying already started on 30th Nov (before the news was announced). Huge DUMPING volume took place the following week. Thereafter, when the news about the resignation of cosec and directors was announced, another big DUMPING took place and haven't stop since.

This is typical insider trading strategy used for PUMPING and DUMPING of shares.

You might be wondering, why don't the MD sold all his shares at 40+ sens earlier. Well, it would be dangerous because he might be caught with his pants down for insider trading (when the bad news of all the directors resignation was announced thereafter). For assumption sake, he could maybe have sold much shares under nominee names that he don't need to make announcement for.

Everyone is anxiously waiting for what official announcement is upcoming. Is it going to be bad or good.

Posted by ganzgraphy > 2021-01-20 10:55 | Report Abuse

@invest168 thank you for the comment... any chance for v shape recovery? or once dumping over will go sideways

Posted by invest168 > 2021-01-20 10:56 | Report Abuse

The next big question "is the price bottom out now at 25.5c". Time will tell .... just have to wait and see if the MD still continue to sell off his shares everyday at lower prices.

Posted by invest168 > 2021-01-20 10:58 | Report Abuse

Pity all those trapped people who kept averaging down. Losses will just keep piling up with no recovery in sight (as at current time).

Posted by j450n > 2021-01-20 11:05 | Report Abuse

who has been buying his share? retailers?

Posted by ganzgraphy > 2021-01-20 11:06 | Report Abuse

retailers have to stop buying now..

Posted by alex > 2021-01-20 11:08 | Report Abuse

yeah.. something wrong.. directors resign.. MD wants dispose his all shares at 0.26 or lower as soon as possible then possible resign. but who is the new buyers ? becareful T+3 and margin call...it may drag the price go down even more.. 0.4 to 0.3 u think is cheap.. then 0.3 to 0.25..u think super discount.. 0.25 to 0.?? how much of cash u have to average down and keep trapping for a while before real rebound ? i stop average down until the share price is stable..or see the MD sold off all his shares.. my first bought was 0.4, second was 0.33, third was 0.28.. 1000 shares each.. even small amount of quantity, still big paper loss.. imagine those use margin and contra big players.. god blessed.

Posted by vckk1 > 2021-01-20 11:10 | Report Abuse

Forced selling?

Posted by fl888 > 2021-01-20 11:12 | Report Abuse

Dato Ng margin account forced selling as He bought some overvalued shares like ????

Posted by williamtkb > 2021-01-20 11:14 | Report Abuse

Back to 2cents?

Posted by mhanaS > 2021-01-20 11:15 | Report Abuse

Mr Ng sold 26.5m shares on 18 Jan. QR is late. Quarterly trend is loss on the back of falling revenue. Something amiss is an understatement. Use comminsense and cut your losses. Run. You have been warned.

Posted by alex > 2021-01-20 11:15 | Report Abuse

or maybe MD Ng used another name account to buy back his own shares at 0.26? so he no loss actually.. #imagination

Posted by ganzgraphy > 2021-01-20 11:15 | Report Abuse

I guess price wont go below 0.25 because that the lowest price... impossible the MD want to dump at cheaper price..

Posted by goodgain > 2021-01-20 11:16 | Report Abuse

There are taker/buyer for the shares disposed. And the taker doesn’t seem to be small retailer.

Posted by Stonecold > 2021-01-20 11:17 | Report Abuse

maybe takeover coming?

Posted by fl888 > 2021-01-20 11:21 | Report Abuse

NTA 98 cts....compared to 26cts?.....60per cent discount...

Posted by williamtkb > 2021-01-20 11:21 | Report Abuse

26cents never ending sales. Just queue lower and wait. More to come later.

Posted by j450n > 2021-01-20 11:21 | Report Abuse

there must be a reason for this high dumping. the price tumbled from the consolidation price until now

Posted by 6222 > 2021-01-20 11:22 | Report Abuse

26 cts i think already bottom

Posted by 6222 > 2021-01-20 11:23 | Report Abuse

Last year in march lowest 22 cts

Posted by 6222 > 2021-01-20 11:25 | Report Abuse

Buy some n keep, will come back n don't think very long

Posted by bnmacai > 2021-01-20 11:31 | Report Abuse

You can’t compare march’s selldown and current selldown. Compare apple to apple. This selldown is a syndicated move. March’s selldown applies to everybody.

Posted by liverpool82 > 2021-01-20 11:35 | Report Abuse

Yes! Syndicated movie!!

Posted by ganzgraphy > 2021-01-20 11:36 | Report Abuse

How it possible when MD acquired his shares at higher price and dumping at lower price.. the lowest this counter is on March 2020 ...

Posted by Player > 2021-01-20 11:37 | Report Abuse

bankrupt soon?

Posted by garychee8 > 2021-01-20 11:38 | Report Abuse

Pure panic selling..once the selling subside, price will recover...

Posted by CITADEL > 2021-01-20 11:42 |

Post removed.Why?

Posted by 6222 > 2021-01-20 11:46 | Report Abuse

Vizione wd rebound faster than mother

Posted by RoyalExpert > 2021-01-20 11:48 | Report Abuse

I just sapu a lot, cannot tahan. Buy when people fear. NTA 98 sen. WD exercise value 0.32. too cheap to buy now.

Posted by 6222 > 2021-01-20 11:49 | Report Abuse

Owner not so insane to buy high n sell low, if continue to sell might loose control of the comp

Posted by Player > 2021-01-20 11:49 | Report Abuse

this director still got 10% to throw.. price sure below .15

Posted by j450n > 2021-01-20 11:54 | Report Abuse

any new shareholder coming in?

Posted by vckk1 > 2021-01-20 11:55 | Report Abuse

some big kakis are buying, why buy if company is going down?

Posted by garychee8 > 2021-01-20 12:00 | Report Abuse

worth a gambl la..bought.. 0.26..sl 0.22..sell 0.30

Posted by invest168 > 2021-01-20 12:01 | Report Abuse

everyone speculating now BUT ONLY MD knows what is happening inside the company.

Posted by alex > 2021-01-20 12:02 | Report Abuse

@gary ... Huh? your risk reward ration is 1:1 ??

Posted by invest168 > 2021-01-20 12:02 | Report Abuse

Is this the time to buy or the time to get out before it collapsed further ?

Posted by invest168 > 2021-01-20 12:03 | Report Abuse

Make your own judgment