OK let me try to explain. Close period means a period whereby the directors or principal officers of the company are not allowed to deal in the company shares because they have obtain price-sensitive information regarding the shares of the company. Example, they know the company is going to take over some companies or being taken over, etc. Heck, even the period before a board meeting is also a close period. The period is 1 month before and after.
Of course, Bursa still allows the directors or principal officers of the company to buy or sell their shares provided they make the necessary announcements to Bursa. So if you see a company where the a lot of the Directors or principal officers are selling or buying shares during close period, you should do the same as well.
Do not confuse close period with off market transactions. Off market transactions is like what was described in the earlier threads
The declaration of an intention to deal during a closed period is neither inherently good nor bad. Investors should consider the broader context, including the reasons for the transaction, the company's overall performance, market conditions and any recent announcements or upcoming events that might influence the insider's decisions. It is also important to look at the track record and motivations of the insiders involved in the transaction. I cut it short la, Abang mahu tambah pegangan dia, upcoming announcement for sure 🚀🚀🚀🚀 either the green QR / mega project coming through a joint venture or both. 📝📈
Directors and officers are going to purchase shares of their own company showing that they are very confident in the company's future prospects, this is a positive sign that the company is on the right track. Directors buying activity will provide price support for the company's stock. There are good news to be announced soon I belief. Now is the time to buy buy buy buy, don't miss the boat. 🤣🤣🤣🤣
This counter just waiting for final transition. More movements only after AGM where resolutions especially name change is approved by shareholders. Showing some good upside potential purely on the basis of political connections. I don't know how movements via technical analysis. Congratulations all holders, hope for a bountiful harvest soon.
Looking at the Sarawak projects running into billions, probably some might be allocated to AIZO. By then no more Minetech, AIZO Group legacy starts. Movement up is inevitable.
Burung oh burung. Theta selling at 2.61 per unit..who could effort to buy unless you're filthy rich. You buy small lot for penny profit kah..come on lah helang. Our gold mine is Minetech.
Correct. Private placement for fund rising is good indeed. It similarly like invites selected investors to buy Minetech shares at offer price to raise fund for big projects. The project announcement will follow up later. That laterally mean something big2 project coming soon. Buckle up guys.
Any good reasons to support what you said that the price will drop back to 1 ct or 5cts and so on. Don't forget that the private placement price to big investors is expected to be around 13 cts to 15 cts, this is what I personally predict .
Given our unique position, we are confident that we will play a role in delivering of projects of national importance such as LSS5, Penang LRT, MRT3, and water treatment plan project projects.
As at the LPD, the Group has submitted tender for 12 construction projects amounting to approximately RM102.70 million, which includes, among others, land reclamation, infrastructure, building construction, drilling and blasting work for the development of seaport.
IlmuKhodam : where you extract this info? I read the Annual Report pun tak ada state 100M+ tender
As at the LPD, the Group has submitted tender for 12 construction projects amounting to approximately RM102.70 million, which includes, among others, land reclamation, infrastructure, building construction, drilling and blasting work for the development of seaport.
When Sarawak took over Affin, their out-of-date software verification systems will be replace with latest modules. Abang spend 1mil for E-KYC software program.
Only next year onwards after budget 2025 we can see more allocation and better projection but this year still recovering period for most of the company ✅
Eagle, thats why, this year collect kaw2. Next year you reap what you sow. Slow2 collect and hold. Drop and collect again. No need to cutloss unless Abang left the company
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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....
Osman65
86 posts
Posted by Osman65 > 2024-07-25 18:51 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3467383