Brahim suspended due material announcement. Since no news out yet, I think tomorrow still suspended. If counter open for trading tomorrow, then that means bad news, something got wrong over the weekend... SELL SELL.
JUST HAPPEN TO VISIT IOI CITY MALL IN PUTRAJAYA TODAY AND FOUND THREE CHAIN RESTAURANTS THAT BRAHIM IS RUMOURED TO BUY - PANCAKE INTERNATIONAL, DUBU DUBU KOREAN RESTAURANT (AVERAGE BUSINESS), CHICKEN RICE SHOP (GOOD BUSINESS). THESE RESTAURANTS SHD BE MAKING PROFITS.
ks55 , isn't it clearly stated from the announcement will resume trading on monday or suspended till monday the most then resume trading on tuesday the most ? how can suspended until wednesday or friday , doesn't make sense at all .
Brahim wishes to announce that the Company had on 6 March 2015 requested for a suspension of trading of its securities until 9 March 2015"
btw, i am just wondering that if the counter is not trading, the T2 T3 still counting? or that days that the counter is not trading isn't counted. for example, if i buy this counter on Monday, but it's suspended from Tuesday to Thursday. Friday as T1 or T4?
no announcement may due to sat and sun ,in common cases will see the announcement b4 0900 monday morning and if still no then the latest will announce on monday night , simply becaused i didn't quite sure what they mean from the announcement . " suspension of trading of its securities until 9 March 2015" , if not mistaken then will still suspend on monday and resume trading on tuesday , you may get the detail/news on why they suspend latest by monday night .thanks.
Whatever news announced, sure wont be good for Brahim. After result, price dropped with small volume till wed. But Thursday price dropped big time with big volume...meaning insider knew new agreement/deal/news no good. Buy at your risk on Tuesday.
Morning...sure up today....opening 0.90-0.935. .high may b 0.98...collect more early morning... good deal from director...I think insider and big fund will buy back at 1.00 and below....easy down also easy up.....wait and see...tp still at 1.20 to 1.50...just buy and keep..3 to 6 month sure can get 20% to 30% profit margin...
IF PRICE CAN CLOSE AT THIS LEVEL, IT IS A REVERSAL SIGNAL FROM A SERIOUSLY OVERSOLD POSITION. WITH A POTENTIAL ACQUISITION OF A PROFITABLE BUSINESS AS THE STORY, PRICE SHOULD CONTINUE TO REBOUND FOR AT LEAST 2 MORE DAYS (IF TODAY IS THE PIVOT REVERSAL POINT)
Loss making and no dividend stock yet people chase Brahim. You think Chicken Rice Shop will be sold to Brahim cheaply? If you want something good you must pay high price. No such thing as free lunch.
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....
duitKWSPkita
26,756 posts
Posted by duitKWSPkita > 2015-03-08 19:04 | Report Abuse
Hahahahah...m. ...
Either heading to North-East or South-East also need not panicking trading!