Posted by selective_contrarian > 2018-10-04 12:18 | Report Abuse

@Warn3r still too early to say tbh. I think I'm very lucky that I am a long-term holder with very low costs so I could afford to hold tight during the selldown knowing that I was still in profit. Not many here have that privilege, esp those who bought quite late after the limit up.

I am actually not confident anymore in saying what will happen in the short-term but if you are a long-term holder (at least 1 year), you really have nothing to worry about. Even if it drops to RM1, you will definitely see some big fish accumulating because of how stupidly undervalued it will be at that price.

Posted by spygame007 > 2018-10-04 12:22 | Report Abuse

trap! run

Posted by selective_contrarian > 2018-10-04 12:24 | Report Abuse

And as for rights issue, for a company which really has never needed to raise cash from its own shareholders, calling a rights issue will almost certainly send the stock price into a limit down with the announcement.

Alex Ooi can forget about his own wealth tied to this stock if he does something like that because all the current shareholders will immediately dispose. And we've all seen how it only takes about 2-3 million shares to send the share price crashing from 1.70 down to 1.30.

There is no chance this could happen honestly. If it does, I will do 2 things - (1) sell-off my entire holdings immediately at whatever market price and (2) never post on this forum again. That's how ridiculous it will be if they do call for a rights issue. Asset-rich, no-debt, clear earnings visibility and you call for rights issue? I think Alex can forget about any future shareholder backing if he does something like that.

Posted by Keith Han > 2018-10-04 12:32 | Report Abuse

Will back to 1.7.. : )

Posted by Warn3r > 2018-10-04 12:42 | Report Abuse

I think you’re taking the crazy guy’s talks too seriously.

Posted by The_Reds > 2018-10-04 12:50 | Report Abuse

Other people got crazy rich asians..here we have crazy rich spy

Posted by Keith Han > 2018-10-04 13:29 | Report Abuse

Then need ask spygame , what the reason of right issue .. if really right issue happen .. I think your friend who work inside sure gg already.. let you spread the news here. : )

Posted by spygame007 > 2018-10-04 13:31 | Report Abuse

look at the chart, morning star form?? sure or not? haha haha.

Posted by CITADEL > 2018-10-04 13:34 | Report Abuse

got 5% from this counter i dun give a damn about doji or morningstar. This spygame007 is a pathetic loser who can't earn a penny in the stock market.

Posted by spygame007 > 2018-10-04 13:42 | Report Abuse

afternoon sell down. dont get trap!

Posted by dlye7735 > 2018-10-04 13:55 | Report Abuse

Ready for 2nd round of profit, 1st round already gave me good return during the last QR rally, I love this counter!

Posted by selective_contrarian > 2018-10-04 13:56 | Report Abuse

@spygame007 people ask you about rights issue, you answer about morning star. Keep it up!

Also, I think you better tell us now what you mean by selldown. Price drop 1-2c for you is also a selldown so come, lets clarify before market reopens so we know if you're talking cock or not.

@The_Reds don't give him too much credit. He is neither rich nor a spy. He is just a pathetic kiasu ikan bilis.

Posted by selective_contrarian > 2018-10-04 14:01 | Report Abuse

@Warn3r I didn't talk about the rights issue because I was overthinking what he said, I did it so that others here know what a rights issue is about, why would a company call for one and what are the implications if it is announced.

Posted by spygame007 > 2018-10-04 14:02 | Report Abuse

dont get trap! afternoon sure sell down again.

Posted by The_Reds > 2018-10-04 14:10 | Report Abuse

selective_contrarian..dun get too serious with my comments, some of them are just for entertaining purpose

Posted by selective_contrarian > 2018-10-04 14:11 | Report Abuse

@spygame007 you still have not told us what you mean by selldown. Please define so that we are clear. Just now retrace a little bit after a 10c surge and you said that was a selldown. Like that means every time drop a few cents also is a selldown lah!

@The_Reds noted, my fried haha. I am only here to put @spygame007 in his place anyways :))

Posted by The_Reds > 2018-10-04 14:22 | Report Abuse

looks like spygame007 is now in a situation of 1 vs 10...if he wins then he is spygod, if he loses then he is spydog

Posted by spygame007 > 2018-10-04 14:42 | Report Abuse

up trend or downtrend? let's wait & see

Posted by goldenluck16 > 2018-10-04 15:21 | Report Abuse

Nothing to worry, hold tight to your shares.

Posted by goldenluck16 > 2018-10-04 15:22 | Report Abuse

Likely will close above 1.39 today.

Posted by apolloang > 2018-10-04 15:29 | Report Abuse

1.39 u dumbo ar? hahaha

Posted by selective_contrarian > 2018-10-04 15:32 | Report Abuse

Guys, please don't queue. You're giving the seller a chance to dump!

Posted by goldenluck16 > 2018-10-04 15:36 | Report Abuse

Buy time

Posted by spygame007 > 2018-10-04 15:37 | Report Abuse

haha haha haha haha haha, told u guys before it is a trap! damn still no one listening, now who is lying?

Posted by apolloang > 2018-10-04 15:38 | Report Abuse

warrants green but mak red,apa ini? closing 1.29?

Posted by spygame007 > 2018-10-04 15:41 | Report Abuse

trap lah my friends! told u guys thousands time but still don't want to listen, haha haha haha.! right issue is on the way.

Posted by The_Reds > 2018-10-04 15:41 | Report Abuse

looks like spygod win the first round

Posted by goldenluck16 > 2018-10-04 15:42 | Report Abuse

Even with right issues, it's not a negative issue. Just hold on.

Posted by spygame007 > 2018-10-04 15:48 | Report Abuse

when 1st flash crash happen i already warn u guys, must cut loss & standby bullets to buy right issue. but sad to said until now most of u guys still dreaming the price can rebound, hahahaha. i dont mind u guys keep calling me spydog,

Posted by selective_contrarian > 2018-10-04 15:49 | Report Abuse

Whoever is doing this doesn't want to see the price go up. Accumulation perhaps?

Posted by Keith Han > 2018-10-04 15:49 | Report Abuse

Today sure close green, graph won't lie

Posted by spygame007 > 2018-10-04 15:50 | Report Abuse

price will further dive deep, morning star become evening star, haha haha. i still q millions lots at 1.10

Posted by apolloang > 2018-10-04 15:52 | Report Abuse

u cakap saja queue to buy 10 lots only at 1.10.....hahaha

Posted by selective_contrarian > 2018-10-04 15:53 | Report Abuse

I counted around 400-500K shares disposed this time. Still a lot lower than the 1.5-2.0 million during each of the last dumps. So I'd say not so not so severe - provided there no further dumps today.

Posted by apolloang > 2018-10-04 15:54 | Report Abuse

why no flash crash 2nd time liao? hehe

Posted by apolloang > 2018-10-04 15:56 | Report Abuse

after 4pm another flash crash? hehe

Posted by selective_contrarian > 2018-10-04 15:58 | Report Abuse

Usually there are just 10-15 mins apart. Now almost half an hour dy. Let's wait and see

Posted by apolloang > 2018-10-04 16:01 | Report Abuse

why cannot say down,everyday must say up even though is bad?

Posted by spygame007 > 2018-10-04 16:08 | Report Abuse

price well control by big shark, obviously dont want the price go up. hahahaha. keep bullets to buy RI

Posted by apolloang > 2018-10-04 16:10 | Report Abuse

no lah I usually like to buy when crash only.....if up let other go chase.....hehe

Posted by spygame007 > 2018-10-04 16:14 | Report Abuse

haha haha, good shows!

Posted by dlye7735 > 2018-10-04 16:25 | Report Abuse

I'm really curious who is dumping at such volume, shouldn't their name be published by now?

Posted by spygame007 > 2018-10-04 16:25 | Report Abuse

oh no! flash down again!

Posted by spygame007 > 2018-10-04 16:32 | Report Abuse

confident, wat a damn joke, hahahahaha

Posted by Keith Han > 2018-10-04 16:40 | Report Abuse

no matter how.. it just show now already bottom. Even operator unable push below this level. safe buy now lo. : )

Posted by Warn3r > 2018-10-04 17:01 | Report Abuse

After a battle of 3.4 mil shares, why not another 100 shares to close black instead of red?

Posted by selective_contrarian > 2018-10-04 17:01 | Report Abuse

@dlye7735 not necessarily. If they own less than 5% (around 5.5 million shares), they have no obligation to report their dealings. So it's possible that an operator accumulated say 5 million shares when it was ridiculously cheap and has been dumping since last week.

Posted by SuperAsia > 2018-10-04 17:02 | Report Abuse

ok lah ... lf we cannot beat them , just join them.
ikan bilis cannot win shark. let it go..

Posted by spygame007 > 2018-10-04 17:37 | Report Abuse

doji or doggie? haha

Posted by swordwa2 > 2018-10-04 20:04 | Report Abuse

if it's just the disposal of single shareholder, his/her stacks should deplete by now?