The seller"s are just in hundred and not in thousand lots . Easy can go up and down with less volume.Got to give some for market to moved up as moving up without vol won't attract market players.
Why other Directors or shareholders NOT selling? One and ONLY Dato Terence doing it? You want big fish out you need good bait. You sell sideline will be buying.
Both company NTA is valued at Notion = RM1,24 EG = RM1,37
However current EG is still value at RM0.70 per share. From what i know earlier, EG is one of the pioneer in company in bursa malaysia to venture into 3 ply mask.
It is very common that director disposed their share during moving period.
If you look at HLT during June and July, the director sell their share at 60-70 sen price range, while the share price today value at RM2.45.
My advice is dont panic, EG will continue to move to TP 1.15 - 1.30 Who knows the director purposely disposed the share to prevent the share to ceiling limit, if not will be like HLT and notion consequences.
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....
Wawai Samah
384 posts
Posted by Wawai Samah > 2020-08-04 13:23 | Report Abuse
price stable now...