Wait till Ng disposes all his holdings/ shares....all these sellings only discourage investors fr buying in....once the QR ( really bad ) is announced, we can start afresh along with the new MD.
0.4 bottom? trapped 0.35 bottom? trapped 0.3 bottom? trapped 0.25 bottom? trapped 0.215 real bottom? trapped 0.15 bottom again? trapped 0.10 kali ini must real bottom? trapped 0.05 this one lah baru bottom.. trapped 0.005.. sorry there is no botoom.. ok.. loss all patient and confident.. cut loss.. get back peanut..
this time is not like March 2020..it just took 3 days drop from 0.6 to 0.215.. this time it took almost a month slowly drop from 0.4 to 0.215.. i think is hard to get a quick v shape recovery.. so those bought above 0.25.. be prepared long side way.. dont loose your confident and patient.. where the confident come from when the price keep depressing u? fundamental? eh.. hmm..
same story in technodex. everyone cursing until 2 sen. then jump to 30 sen this year. if you want everything instant like nescafe, then sorry lah, tak boleh.
The drop for this week has been overly drastic due to main shareholder selling down stake down. I think this created a chain reaction and scared all other minority shareholders into panic selling as well.
better stay away this counter, dato ng intended to sold all his stake, he not going to run this business anymore.earthquake happen in this company now. cfo, ceo, secretary resign, already sent a message to public, plus mr ng action on share disposing. most likely it will become a pn 17 company very soon.
The group has recently ventured into an existing glove factory with six glove production lines. There are plans to expand the capacity to 12 glove production lines. The Board is positive that the venture will provide a steady income flow to the group in its new manufacturing segment
Substantial shareholder knew QR is bad! Thus disposed crazy!! Pity the small shareholders who brought the shares. This is unfair platform, even worst them casino!!
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....
Gelbert
5 posts
Posted by Gelbert > 2021-01-27 09:59 | Report Abuse
Maybe M&A is on the way.