He is buying to shift price and some other retail investors join in on the top and then he will dispose or get connected parties to dispose. That’s the game. One person who holds majority shareholding is very dangerous as we have seen before. I have never come across in other markets this level of buying and selling by director(S) in open market before. Wont touch this company with a barge pole ....sure it rise but for no reason other than sharenacquistion.
Ha ha onion buying no impact on shares .....he wants the stupid lamb to follow him so that he can dump the shares again! What a counter....the company a complete shell. A sham
Bawang has been quietly and gradually buying up. Never dispose any so far. Guess he will continue to buy until near to MGO level but not to trigger an MGO.
Amazing one guy keeps buying and the other director sells.....what this means is that onion will have even more shares in the company to dump later......this called “ what a carry on”
Bawang lead serbadk which have 25 time larger market cap than Minetec. Priority to get contract from the main ship. Kedah gov just recently announced that rare earth exploration is about to start soon. It might benefit Minetech
I heard from someone that pots and pans are being used to source gold! Very high tech! It is not beyond the realms of possibility! For company to grow and make profit they have to do or produce something useful. What does minetec do profitably apart from directs share dealing. I see nothing. Sure it may go up based on the round of speculative buying, nothing to do with fundamentals. Just a sham
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....
Makcik_Kiah
74 posts
Posted by Makcik_Kiah > 2020-12-09 11:42 | Report Abuse
oneday bawang will make same decision like what he is did to SERBADK