Tcl, do you have any fact to support your statement? Please share with us. Previously you did mentioned the breakout point for you is 1.00, now break above 1.00 and you said is fake one. Maybe you can share with us how it is true for you.
Since you trust me, I would think that the breakout of 1.20 is very important, because all the time until this point the buy rate has been high and the buys were in large volume.. see whether there is any breakout first...
Funda8- noted your good suggestion n AndK- tks for sharing.
The following are the salient points in chronological event abstracted from company announcement with my own assumption for INFORMATION only:-
23/7/19- Noticed that CIMB Commerce Trusted Bhd had disposed [likely price range btw 0.44 to 0.64] n ceased to be substantiated shareholder.
From 26/7/19 to 14/11/19, new substantiate shareholder, Mr Koh Poh Seng announced, estimate acquisition of shares price range from 54c to 80.5c, 11.76%
Highest price at 0.98c traded on 4/11/19 or 5/11/19.
On 7/1/20, announced that Mr Koh Kun Chuan (previous major shareholder), cease to be shareholder n his resignation announced on 16/6/20.
Good QR results announced on 20/2/20 n article published on 2/3/20 “分享资源 共享盈利”‧蔡鹏声做大胜高
From 16/4/20 to 30/4/20, Mr Low Peng Sian [ 32.35% ] & Mr Lee Shen Wang both announced acquisition of shares through open market.
Early this month, Mr Koh’s announced disposed 951K shares. Remaining 10.33%.
Also, change in boardroom, promotion n resignation was announced last week.
Last Friday, 19/6/20, close at new record high for mother at 1.25 and wa at 78.5c, [ H- 79C].
From the chart pattern, imo TP 1- 1.30 or TP 2- 1.50, n consider to take partly of profit if drop below 1.20.
Moneymoneycome, the RSI and StochRSI have gone above 70 and 80 respectively, the rise from the low threshold 30 and 20 took place quite some time and so it is not envisaged to drop below the high threshold so quickly. So is time to consolidate or hold and wait and see...
Tcl.. if u hav no interested on this share, why u keep posting note here? No one here need any clarification from u that u have buy the share. As i know previously you wanted to buy this share on breakout, but i think most probably u didn't buy. Or maybe you still need further justification. Good luck to you.
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....
funda8
31 posts
Posted by funda8 > 2020-06-10 15:28 | Report Abuse
Congratulations to those who believe in the warrant. today hit 52w hit high of 0.545