Now the whole company only worth 18 millions at 7 cents someone rich should buy over the whole company because the land in Mont Kiara itself already worth 36 millions what a joke man.
Today nobody sell at 7 cents even qtr result negative it indicating selling pressure sudside already now just waiting for buying volume to come.... cheer :)
Today what happen to Able group volume suddenly increase so much.. but operator will block at 8.5 cents. This barrier is hard to clear .. still need some . The question now is can ablegroup sustain at the level of 8 cents which is the 200 MA ?
Because of the low free float shares in the market that why very easy to GORENG up to sky lah ... don't simply mislead people lah .. lowest in 10 years at 7 cents major share holder obtained his shares at 13 cents .. high risk ? Your brain may be got problem lah .. kikiki!
Low daily volume means no more retailers can sell at this low price level or nobody is willing to sell anymore. Friday 's high volume is someone selling from left hand to right hand to attract market attention. This shares can easily going up back to 13 cents since most of the shares is already in operators' hand. My 2 cents.
Today's chaos is created by bursa master 's article "is it time to rocket up!!!!" Normally operator don't like retails to come and kacau kacau... all jump in earlier morning are trapped.
Finally the dust is settle down ... back to normal ... that means bursa master's influence is no that great .. now operator just waiting for T+2 to catch contra player .. easy money.
Present market price of 7cts grossly undervalued against Revised NTA 22cts Mandatory Takeover offer by Parallel Pinacle of 13cts in 2017 was viewed as not fair by Public Investment Bank Parallel Pinacle may reoffer to take private again.
Be patient ....wait for for MD to offer again at higher than 13cts Now its jewel land at Mt Kiara of 3 acres freehold devopment land waiting to be launch ...already its market value more than double to RM60M based on rm500 per sq ft. Better buy cheap before Able launch the project ... otherwise you start chasing
DobitaLim why so angry ? Be patient lah like what Peter2357 said ... the share price already very rock bottom you should buy more and keep instead of sell it off.
As expected small loss again in Q3 result , dato Allan Lim still unable to turn around ablegrp's result after so many years hardwork. I believe this company only can turn around after they launch their Mont Kiara project..... ; )
I believe eventually dato Allan Lim will inject his ABL property into Ablegrp and turn Ablegrp to a pure property developer.let's wait and see .... : )
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....
shorttermtrader
528 posts
Posted by shorttermtrader > 2019-05-24 09:57 | Report Abuse
Today general meetings at 2.30 pm anybody attending ?