Bursa Malaysia Securities Berhad has on 27 August 2018 issued an UMA query on the sharp rise in price of the Company's shares recently (“trading activity”).
We draw your attention to the sharp rise in price of your Company’s shares recently (“trading activity”).
In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of Listing Requirements:
1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions;
2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;
3. Whether you are aware of any other possible explanation to account for the trading activity; and
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.
Announcement Info Company Name WATTA HOLDING BERHAD Stock Name WATTA Date Announced 27 Aug 2018 Category UMA Query by Bursa Reference Number ILC-27082018-00021
Counter went up so much(doubled in 2 days), even monkey knows it will drop sharply at some point...Yr calvintan research tak laku,cannot even predict a single gainer in July/August, wanna gain fame by talking down gorenged stocks that will almost certainly drop back in the short-term?
Last time Calvin bought PECD at 22 sen. Then Nst came out with good news.
Pecd went limit up to over 50 sen.
Then Nst came out with another good news.
Pecd limit up again to over 80 sen
Then Calvin saw Gopeng only 70 sen
So Calvin sold off all Pecd and parked in the safety of Gopeng.
Then not long after.
Pecd price gone limit down once, then limit down twice and finally got bankrupt.
So Calvin preserved his Capital in Gopeng. Gopeng later gave a 30 sen cash payout after selling 1/3 hanjoong cement to Ytl cement. Price crossed rm1.00
This watta expected to either drift down from here at best. At worst will go limit down whlie GUH will solidly cross Rm1.00
calvin... yep, sell to take profit no sweat...not asking ppl to buy loor at current price, without strong base info definitely will sharp drop soon...peace~
kyosan calvin... yep, sell to take profit no sweat...not asking ppl to buy loor at current price, without strong base info definitely will sharp drop soon...peace~ 27/08/2018 17:23
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....
kentrade888
1,572 posts
Posted by kentrade888 > 2018-08-25 16:46 | Report Abuse
Rumor This counter will be take over.