Posted by CY266 > 3 weeks ago | Report Abuse

tak sampai fly lah, reversal only. Slow and steady is the best

Posted by 陳 彥霆 > 3 weeks ago | Report Abuse

wait few more days, until no more disposal news, will rebound back

Posted by BurungPipit > 3 weeks ago | Report Abuse

Sold 75% of Widad to buy Zantat instead, And got instant gratification! 👍

Posted by Kanenites > 3 weeks ago |

Post removed.Why?

Posted by NewbieAndreeeee > 3 weeks ago | Report Abuse

Edmond fly ke ? 0.075 :)

Posted by Moondate > 3 weeks ago | Report Abuse

New hongseng maybe jahahah

Posted by quassar > 3 weeks ago | Report Abuse

every day making yr low record... when the margin call will end?

Posted by willc48 > 2 weeks ago | Report Abuse

will it be another serba dinamik and everyone of them got scott free?

Posted by 143922 > 2 weeks ago | Report Abuse

O2

Posted by Kanenites > 2 weeks ago | Report Abuse

paktua still fighting

Posted by MarioBros > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/04/04/muhammad-ikmal-exiting-widad-and-dataprep

Posted by Edmond0401 > 2 weeks ago | Report Abuse

fly please

Posted by youarewelcome88 > 2 weeks ago | Report Abuse

@MarioBros... It is Flooding the market. Sad but that's the reality

Posted by hisyam > 2 weeks ago | Report Abuse

fly fly fly

Posted by MarioBros > 2 weeks ago | Report Abuse

Youarewelcome88, today seem like someone collecting. Have you heard any rumours on who collecting from opat?

Posted by MarioBros > 2 weeks ago | Report Abuse

Hisyam, kalau ade owner baru ambik, boleh fly. Kaunter da jadi makin berat lepas PP hari tu

Posted by youarewelcome88 > 2 weeks ago | Report Abuse

@MarioBros... Just be careful

Posted by Michael R. > 2 weeks ago | Report Abuse

So much shares being disposed by stages.. Please announce the new shareholders... Impossible they could hide below 5% ownership..

Posted by MULTIEVER > 2 weeks ago | Report Abuse

it time to Cash out why not? they not dumb dumb🙄

Posted by 陳 彥霆 > 2 weeks ago | Report Abuse

Michael R., Michael R. and Edmond0401, the culprit behind is MIDF, this investment bank simply throw clients' shares

Posted by Kanenites > 2 weeks ago | Report Abuse

mana paktua raya dah dekat ni, seloka sikit

Posted by matg > 2 weeks ago | Report Abuse

sila saukkkk dan peram

Posted by 陳 彥霆 > 2 weeks ago | Report Abuse

We should report police this MIDF throw client's tickets

Posted by armadatuah2017 > 2 weeks ago | Report Abuse

Paktua dah mampus la. Hahaha. Margin call also.

Posted by quassar > 2 weeks ago | Report Abuse

it seems disposing stage is still ongoing... timing for bottom fishing soon?

Posted by Change_ > 2 weeks ago | Report Abuse

DSAI selalu cakap dia dapat mandat rakyat PRU14 dan PRU15 tetapi kalau dibuat PRU16 adakah mandat rakyat dia tetap dapat?

Posted by Kanenites > 2 weeks ago | Report Abuse

rindu seloka paktua, sayu sgt

Posted by 陳 彥霆 > 2 weeks ago | Report Abuse

no need to worry, soon will go up

Posted by Edmond0401 > 2 weeks ago | Report Abuse

yes mikeann you true

Posted by ysyap84 > 1 week ago | Report Abuse

Vicious cycle (buy, dump and margin call) keeps to rotate until Opat finds a solution to overcome. Then the share price will start to jump.

Posted by willc48 > 1 week ago | Report Abuse

what projects do they have now? dependency on govt projects very high but can they fight with other bigger bumi contractors for the cake.

Posted by TradeVirtuoso > 1 week ago | Report Abuse

who is the new owner?

Posted by 陳 彥霆 > 1 week ago | Report Abuse

mikeann, the oversold is due to MIDF keep on throwing client's shares, this kind of broker mana boleh pakai. only ikmal opat so naif trust this MIDF. MIDF is the culprit behind this sell-off issue.

PETALING JAYA: The Securities Commission Malaysia (SC) and Bursa Malaysia have sought to allay growing concern among investors over the widening sell-off that has hit the local stock market over the past week.

In a joint statement today, the SC and Bursa Malaysia said they are closely monitoring recent market conditions in light of heightened volatility in certain stocks.

“The SC and Bursa Malaysia assure investors that the Malaysian stock market fundamentals remain strong and there should not be any cause for concern,” the statement said.

They claimed the recent significant decline in share prices is limited to “a few small-cap stocks” and not widespread.

“The affected stocks constituted around 0.17% of the total market capitalisation and 8.3% of total traded value for the year.”

The SC and Bursa Malaysia also said they are conducting proactive surveillance of corporate transactions and disclosures, as well as real-time monitoring of all trading activities to ensure an efficient, fair and orderly market.

“Where irregularities are detected, the SC and Bursa Malaysia will not hesitate to take the necessary regulatory actions to preserve the integrity of the market,” they added.

The regulators also reminded investors to also take note of companies’ replies to the unusual market activity (UMA) queries issued by Bursa Malaysia.

No end to sell-off

The “bloodbath” among the affected stocks does not seem to be abating. Five counters hit limit-down again in early trading today, extending the heavy losses they have suffered this week.

The stocks were Rapid Synergy Bhd, YNH Property Bhd, Jentayu Sustainables Bhd, Sarawak Consolidated Industrial Bhd (SCIB), and Silver Ridge Holdings Bhd.

A new name joined the “Limit Down Club” later in the morning when technology services provider Heitech Padu Bhd’s share price plunged 28.97% to hit its limit down at 76 sen.

The sell-off on Bursa has prompted investment banks to demand cash upfront from their retail clients for the purchase of stocks that have plummeted recently.

In a note to its dealer representatives yesterday, Affin Hwang Investment Bank said the cash-upfront requirement shall be imposed on all purchases on its list of designated stocks and warrants.

The list included stocks such as Mercury Securities Group Bhd, Jentayu Sustainables Bhd, Widad Group Bhd, and Artroniq Bhd, which hit their limit down this week.

It also included Globetronics Technology Bhd, Leform Bhd, Mestron Holdings Bhd, APB Resources Bhd, Pertama Digital Bhd, Dataprep Holdings Bhd, Silver Ridge Holdings Bhd, and Tanco Holdings Bhd.

AmInvestment Bank also implemented yesterday a similar cash-upfront requirement for affected stocks.

Its list included Rapid Synergy, YNH Property, SCIB, APB Resources, Widad Group, Artroniq, Mestron, and Tanco, a bank source confirmed.

Rapid Synergy and YNH Property are stocks linked to businessman and investor Yu Kuan Chon. Rapid Synergy has lost as much as 86.1% of its value since the start of the year while YNH has crashed 71.3%.

Posted by quassar > 1 week ago | Report Abuse

.07 seems a good bargain for now... what do u think?

Posted by CY266 > 1 week ago | Report Abuse

no worry, just hold. External factor

Posted by quassar > 1 week ago | Report Abuse

.065 can tapao tdy since seller just let go like tomorrow... try to bottom finishing slow n steady

Posted by ohlala > 5 days ago | Report Abuse

0.06....sliding down slowly by the day

Posted by Edmond0401 > 5 days ago | Report Abuse

don worry will fly soon

Posted by rayhvs > 5 days ago | Report Abuse

Fly me to the moon...Let me play among the stars...

Posted by 陳 彥霆 > 3 days ago | Report Abuse

told many times, is MIDF the culprit, not Opat is selling

Posted by TradeVirtuoso > 1 day ago | Report Abuse

lowest already, bottoming up and gogogo

Posted by armadatuah2017 > 1 day ago | Report Abuse

There is no lowest. It means this damn Opat controlled the company without using his own money...that is so cheeky and its fraudulent

Posted by Edmond0401 > 1 day ago | Report Abuse

intentionto deal during good news or bad news？？

Posted by CY266 > 23 hours ago | Report Abuse

edmond, just a normal procedure, nearly acct closing period 30/4, the mention shareholder not allow to do any buy & sell action. This rules is use to protect investor like u & me

Posted by Edmond0401 > 8 hours ago | Report Abuse

start engine liao

Posted by Eagle77 > 8 hours ago | Report Abuse

Scam counter LD ⬇️🩸

Posted by Eagle77 > 8 hours ago | Report Abuse

History never lies ⬇️🩸

Posted by Eagle77 > 8 hours ago | Report Abuse

Will down to 0.03 very soon ⬇️🩸

Posted by derrickinvestor > 3 hours ago | Report Abuse

widad mgmt very lousy.. not only here they dispose b4 raya, dataprep also they throw just to get sOme duit for raya.... wtf..

Posted by mikeann > 1 hour ago | Report Abuse

Stock has been grossly oversold over the past few months, having plunged from its 52 weeks high of 0.57.
At 0.07 price level, it is still near multi years low.
Stock has only just started to rebound.
Immediate resistance is at 0.09.