My gosh, top active counter again. Few type of syndicate or sharks on stock market, this is the most ruthless, they shewrd in tampering account make it "profitable" and signing behemoth MoU to trap investor. I'm the one getting trap in Arbb.
Retail investor thought after private placement 5c, syndicate will push up the price to make profit. But this is not how the boss play. After study their operating method, they are not keen on the share price, even thought they dump at 1cent, they also make profit, because the private placement 5cents also going into their pocket. It is totally the trick last year, they converted roughly 800mil icps, rose RM96mil cash. But you can't see this cash in the latest balance sheet account, they already used it to "acquire subsidiary", RM96mil back to their pocket, then they dump the 800mil shares in open market all the way from 0.13 to 0.05.
They always use proxies account to operate like jelajah Utara, ppsj, er yan shuen, etc...
@Citadel123: Posted by swimwithsharkss > Dec 6, 2021 9:31 AM | Report Abuse
Thanks @BLee and @sting79 for the rational comments. I always find it funny that these people had nothing to do but come at AGES daily like its their job. Anyhow AGES is rebounding although market is terrible, good sign, if you ask me.
LAST TIME 0.06 also same story haha, now all these people disappear.
BLee: Hi @Citadel123, I have not disappear, now busy averaging down my investment at KGroup, Focus D and Fintec as the prices are lower than AGES as of today. I will cost averaging again (twice already) AGES stocks when the price is right.
After cancellation of ICULS and replaced with PP (around 10% discount), now the price is below the 10% discounted price. It is always 'good' to buy below the PP/ESOS/RI prices??
BLee: Hi @Citadel123, I have not disappear, now busy averaging down my investment at KGroup, Focus D and Fintec as the prices are lower than AGES as of today. I will cost averaging again (twice already) AGES stocks when the price is right.
A funeral service will be held in the coming day. The final sell down will be on the next two days. Thereafter, the coffin will be hearsed to the crematorium. Good bye.
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....
newguy0801
1,616 posts
Posted by newguy0801 > 2022-01-19 10:36 | Report Abuse
Confirm got big players want to throw the price down, must be the top ones. Who the hell can throw so much in one shot lol.