RAPID SYNERGY BHD

KLSE (MYR): RAPID (7765)

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Last Price

0.655

Today's Change

-0.005 (0.76%)

Day's Change

0.655 - 0.67

Trading Volume

584,000


4 people like this.

834 comment(s). Last comment by pangolin 1 week ago

Posted by GushikenNaoshi65 > 2024-01-12 16:51 | Report Abuse

they wont delist, if anything it stays a penny stock in conjuction to their p/e

rr88

6,532 posts

Posted by rr88 > 2024-01-12 22:30 | Report Abuse

You can see from the trend.
It is a 2 year old MARKET RIGGING that has burst.

The same trend for all 3 Rapid, Imaspro and YNH.

Market rigging is buying and selling between a few gang members of the same gang, one member places the sell bid higher, another member buys it and place it to sell even higher, and another gang member buys it, and they repeat the cycle slowly and distribute it at bubble prices, until it all came crashing down this week. A fake house of card finally collapsed.

Some crooks are behind it. Not difficult for SC to investigate because daily volume for the 2 yrs were low.

See which same accounts repeatedly buying and selling for the past 2 yrs.

Bring them to court, fine them and send them to jail.

gohkimhock

3,114 posts

Posted by gohkimhock > 2024-01-12 23:08 | Report Abuse

agree with rr88. It is time for SC to take action against insider trading on jacking up the share price among themselves, creating a fake illusion in the market..

Check their trading records and bank statements and you can find out who is the mastermind.

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2024-01-13 13:16 | Report Abuse

Friday not limit down because if 3 times limit down, then Monday price will be unchanged.
So, means next Monday and Tuesday will continue limit down for another 2 days.

gohkimhock

3,114 posts

Posted by gohkimhock > 2024-01-13 21:00 | Report Abuse

很像佳寧集團.大家要多多保重..

Harry Mak

126 posts

Posted by Harry Mak > 2024-01-13 23:46 | Report Abuse

Another case london biscuit falling down

Posted by Peter Leong > 2024-01-15 11:04 | Report Abuse

Below one I will buy

Posted by EatCoconutCanWin > 2024-01-15 11:52 | Report Abuse

Cry tear if invest long term which bought at rm9

Posted by NatsukoMishima > 2024-01-15 15:42 | Report Abuse

Left left left right left

Realrich

1,410 posts

Posted by Realrich > 2024-01-15 17:51 | Report Abuse

WTF operator manipulate share price earn 10 billion? Left sale to right push up to RM29 and big sale to RM 0.5. This share I think after that no people will dare to buy anymore

Posted by journeyone > 2024-01-15 22:07 | Report Abuse

Lucky this is not BUMI company. Otherwise , it become "typical management" ....... . This kind of like syndicate business , must not be tolerated. We need a good governance company .

jackjason

172 posts

Posted by jackjason > 2024-01-15 22:22 | Report Abuse

姜太公钓水鱼,愿者上钓!保重咯各位被套者。。。。

troy88

2,987 posts

Posted by troy88 > 2024-01-16 10:23 | Report Abuse

This stock is a joke. Goreng nonstop for no reason for past couple of years then went skydiving. Purely syndicate play..

rickygiam

126 posts

Posted by rickygiam > 2024-01-16 10:27 | Report Abuse

Waiting buy at 4

Medusa

537 posts

Posted by Medusa > 2024-01-16 10:29 | Report Abuse

29.9% drop from RM 8.060 to RM 5.650 (RM 2.410)

Drop more buy more

Drop more buy more

Drop more buy more

Drop more buy more

Beh tahan sell all

Kikiki…

Wt345986

32 posts

Posted by Wt345986 > 2024-01-16 10:45 | Report Abuse

The more u buy, the more you sink in
See all ya @ 0.8😰

mf

29,034 posts

Posted by mf > 2024-01-16 10:50 | Report Abuse

LD

ahbah

6,236 posts

Posted by ahbah > 2024-01-16 10:50 | Report Abuse

Skydiving over, now nosediving ?

Posted by EatCoconutCanWin > 2024-01-16 10:51 | Report Abuse

Buy in average ya

ahbah

6,236 posts

Posted by ahbah > 2024-01-16 10:55 | Report Abuse

Sending good moni to buy rotten moni ?

mf

29,034 posts

Posted by mf > 2024-01-16 10:55 | Report Abuse

LD

icecool

5,012 posts

Posted by icecool > 2024-01-16 11:16 | Report Abuse

where is the bottom ?

calvintaneng

56,437 posts

Posted by calvintaneng > 2024-01-16 11:23 | Report Abuse

Shares that pay little or no dividend with high borrowings and little real earnings can be manipulated up and stay up for even a long time

Eventually it must crash back

So next time look for these safety

1. NTA
Benjamin Graham
The Father of Value Investing always advocate buying a share with at least 30% discount to NTA for safety

Example
A stock has NTA of Rm1
Never pay more than 70 sen
The extra 30 sen is your safety cushion

Or if NTA is Rm10
Never pay more than Rm7.00

Of course there are some exceptions where the stock has high moat and high dividend which is rare

To be continued...

calvintaneng

56,437 posts

Posted by calvintaneng > 2024-01-16 11:26 | Report Abuse

2. Real earnings
Peter Lynch said never buy a stock if you cannot understand its earnings

If you cannot write out in once sentence with a chalk how it makes it monies then you should not buy it

Always buy stocks which you can understand its business how it generates its income

ahbah

6,236 posts

Posted by ahbah > 2024-01-16 11:46 | Report Abuse

still bottomless even though got hit jackpot bottom ?

investorbat

1,447 posts

Posted by investorbat > 2024-01-16 14:15 | Report Abuse

yesterday told at imaspro forum,many shares in pledge account

dompeilee

11,889 posts

Posted by dompeilee > 2024-01-16 15:12 | Report Abuse

Pathetic 賭鬼 uncles/aunties/newbies who buy 1,000 shrs or 100 shrs - 8000 shrs since morning are all DU MBBB...all feeding the conman Yu family...& helping them to EXIT their endangered positions...

rohank71

911 posts

Posted by rohank71 > 2024-01-16 15:16 | Report Abuse

limit down to 50 sen

Posted by NatsukoMishima > 2024-01-16 15:40 | Report Abuse

Left left left right left

gohkimhock

3,114 posts

Posted by gohkimhock > 2024-01-16 15:56 | Report Abuse

touch who die who..

Selina888

306 posts

Posted by Selina888 > 2024-01-16 16:18 | Report Abuse

Supposed some wanted hit and run but failed, Several counters also suffering similar trends.

Posted by EatCoconutCanWin > 2024-01-16 17:00 | Report Abuse

Who the hell is selling? Crazy

Posted by kokchengkai > 2024-01-16 17:54 | Report Abuse

sapu la RM5.xx ,mana tau one more round to RM2x.xx .high risk high return ma ,nothing different u go genting highland .different is genting highland left nothing is lose ,in RAPID at least left bones with mince meat hahaha

gohkimhock

3,114 posts

Posted by gohkimhock > 2024-01-16 18:27 | Report Abuse

@kokchengkai you definitely have not seen 2nd board counters before..

Posted by EatCoconutCanWin > 2024-01-16 18:48 | Report Abuse

It similar to top glove. Once dropped, it drop till below 1

dompeilee

11,889 posts

Posted by dompeilee > 2024-01-16 19:01 | Report Abuse

Are you drunk/dreaming??? Have you checked the cash to borrowings ratio??? It's less than 0.045! YNH is heavily geared & effectively bankrupt...don't lead innocent newbies to their financial demise. Unless you're a Yu crony!

anthonytkh

1,802 posts

Posted by anthonytkh > 2024-01-16 19:16 | Report Abuse

Domp, technically Rapid is still sound. Assets is double liabilities. Equity is almost same as liabilities which means borderline leverage.

It’s simply a case of red flag raised by auditors, tribal sell down and lack of any indication of upside expressed by the management

I have held nothing for a long time fyi

They never entertained me when I approached them to improve their balance sheet quite a while ago

derricksyl

512 posts

Posted by derricksyl > 2024-01-16 20:46 | Report Abuse

Back to basic price 3.5

mf

29,034 posts

Posted by mf > 2024-01-16 23:23 | Report Abuse

LD

Posted by NatsukoMishima > 2024-01-17 07:59 | Report Abuse

Basic price is only 35 sens , somebody typing error !

Posted by NatsukoMishima > 2024-01-17 08:03 | Report Abuse

Let jepun tell u that all the hot money already move to ranhill , ytlpower , iwcity !

dompeilee

11,889 posts

Posted by dompeilee > 2024-01-17 08:07 | Report Abuse

Yeah right...hot money ran in last year from 30c-48c, then from 35c to 80c, then from 50c to 103c....running OUT already then Jipenis run in...-7% yesterday...no wonder you cannot survive in Tokyo mkt 🤣

mf

29,034 posts

Posted by mf > 2024-01-17 08:38 | Report Abuse

Dow Jones

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NASDAQ Composite

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Posted by NatsukoMishima > 2024-01-17 08:56 | Report Abuse

Fastest dropping lift in bursa history , non stop LD 🤣🤣🤣🤣
I will chasing this drama with a green tea !

Medusa

537 posts

Posted by Medusa > 2024-01-17 09:05 | Report Abuse

29.9% drop from RM 5.650 to RM 3.960 (RM 1.690)

Drop more buy more

Drop more buy more

Drop more buy more

Drop more buy more

Beh tahan sell all

Kikiki…

derricksyl

512 posts

Posted by derricksyl > 2024-01-17 09:08 | Report Abuse

limit down again .....

dompeilee

11,889 posts

Posted by dompeilee > 2024-01-17 09:13 | Report Abuse

Typical m'sian lack of integrity...posted that they bought @ yesterday's limit down 5.65, then quietly delete post when it became clear it would plummet again...dunno whether Yu crony or not!🙄🙄🙄

Posted by i7investors > 2024-01-17 09:39 | Report Abuse

wah a wannabe hero clear 1 mill + seller and here come 6 mil more pressure.

icecool

5,012 posts

Posted by icecool > 2024-01-17 09:41 | Report Abuse

wow limit down again where is the bottom ?

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