Gaidan, yes that's normal as per Bursa rule. As we know that currently market is very volatile. Once bad news is announced then you will see severe effect.
Please be informed that the Upper Limit Price of the following counter will be maintained as below in accordance to the Rules of Bursa Malaysia Securities, Chapter 8.13 (5) TRADING and Trading Manual Chapter 5 Trading Status (5.4) Freezing of Price, due to the counter trading at Static Limit Up prices for two (2) consecutive trading days:
This is just standard procedure. Normally after freeze for 1 day, the next day will continue surge as the momentum is strong. Unless bad news came out regarding this counter and cause panic selling
Don't think the price will drop. Today Adventa was limit up since morning session.Many people would have known that the price will be freezed and sell off today afternoon.
Can try hengyuan 4324 .Hengyuan now is better than other o n g company ,because that only focus on the refining . The profit depends on crack spread, when the crude oil price decrease ,the cost will decrease and increase the crack spread profit but demand will decrease and the sale of volume also decrease. When the crude oil price increase, crack spread will be narrow but the demand will increase, demand increase and the sales of volume will increase , so overall increase the profit. History will come back from Rm2 to RM19. Super undervalue. Can limit up due to only 300 millions share.
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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....
gemfinder
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Posted by gemfinder > 2020-06-01 23:45 | Report Abuse
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