Based on last AR, Chua MY's son margined with 5,254,500 shares, when the price was still above $1.20. Wonder if those are still being held or already force-sold by banks...when it dropped to 0.55.
Correct2.. No money dont buy la. So many counters to buy. If you dont understand how the company run the business just dont buy. That means you are purely gambling here. Molo punya olang 50 cents la 40 cents la
No one knows how low it will go. Chart is only a guide. It's a money game now. My take is buy on breakdown & sell on breakout. From 1.20-60 Sen , my view is breakdown so most people won't buy. They only will buy when breakout hence if they make, it will be small. Most will lose & cry here by shouting like experts. It's human psychological behaviour.
1. The entity behind Kwap buys and sells shares all the time. So they might have targeted Asb for selling. If so this is normal as Kwap might buy back later
2. Or there could be a deeper problem with Kwap just like in Tabung Haji? Ex Pm Najib instructed the transfer of Rm2 billions Kwap's money out of Malaysia in the latest disclosure So is Kwap bankrupt and forced to sell shares If so then the sale could be extended
Since we don't have clarity it is better to key in lower buying prices and space it down
There is no hurry to buy if Kwap continues to sell and sell all its holdings
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apolloang
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Posted by apolloang > 2019-06-07 14:58 | Report Abuse
new low again....apa ini datuk calvin u buy more kwap sell more.tell your johor royalites buy all of kwap stake....hehe