RJ87 Institutions pushing up share prices is always going to happen Death and Taxes. It's doesn't just happen in the KLSE, America has thousands of historical cases of institutions manipulating prices.
Trying to beat them in their own game is akin to trying to mud wrestle a pig. You might win but you'll be dirty and smelly afterwards.
Mostly I ignore them. The only thing I care about is whether the share price is now higher than the business fundamentals I researched. If not then I hold on, if yes I would sell it and look for something else.
NOISE is the name used by Equities tracker, for the "hypes", "rumors" and "Technical Analysis" that are the stock and trade of these manipulators.
Let's take a look at the rumor that there will be Bonus Issue, I'm going to ask you a Socratic Question have you ever observed a company to issue bonus shares after it did share buyback 6 months ago?
CYF, not only the heavy shares buyback for the past year, the company has even announced shares consolidation plan last year in a move to stabilise its shares price volatility while it was still a penny stock but the plan was later cancelled when it exceeded RM1. Bonus issue is the last likely reason on the plate that explains the recent price spike. But, anything is possible.
RJ87 unfortunately true. However I do believe I've given quite a lot of knowledge for majority of the value investors here to figure out their exit price. Though I'm sure you all would love to know how I research Market Saturation for High Density HDD.
I'm curious on how they do the valuation of the top shareholders value is it based on the closing price at a certain date because honestly my valuation should be above 2 million as of Friday, not 1.76 million.
CYF, top shareholders are listed by no of shares held and not by valuation as share price fluctuate everyday. Your 1.79% represents roughly 1.4m shares held.. Is that correct...
If anyone can answer that question, then YES it will....E.g. sale of both WD and Seagate trippled, or company announcing RM1 per share dividend. Yes, RM5 also no problem....hehehe
Speaking from hindsight, now I know why vitrox, MI, and penta's growth, and what were their catalyst. If I hv those data/info before; I would hv sailang in all of them
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 124 views | 13 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 388 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
yiqqre
906 posts
Posted by yiqqre > 2018-08-17 10:16 | Report Abuse
Rumor will issue bonus shares.