Posted by rayhvs > 2024-01-23 17:24 | Report Abuse

MD disposed most of his shares in Widad. Any concern?

Posted by limgor > 2024-01-23 17:29 | Report Abuse

MD kena margin call bro u think he want

Posted by bfg9000 > 2024-01-23 17:47 | Report Abuse

MD got RM 2,704,462.50 for selling 24,450,000 shares at RM 0.11 per share.
For sure it is margin call. Two days before he could have sold it for 4x more.

Opat also kena margin call on 19th for a sum of 200M shares.

Whoever is behind this, very well played. It is like Soros vs BoE again. Or Soros vs Daim. Laughing all the way to the bank.

Posted by rayhvs > 2024-01-23 17:57 | Report Abuse

I see. thanks for clarification. Sifus. I still holding the shares btw. hahaha

Posted by Silent 88888 > 2024-01-23 18:07 | Report Abuse

if they not kena margin call they can sold at 0.45 - 0.5 earn more
why choose to sold @0.11
sure kena margin call
no point they topup at high price so kena margin call then buyback earn more

Posted by bfg9000 > 2024-01-23 18:34 | Report Abuse

Basically Opat and gang wash trade about 40-60 million shares a day between, say 0.49-0.495. Will transact 10k shares at 0.50 to make chart looks nice. Whoever planned this must have insider info on the accounts used to trade, their leverage position, so they know how low they must press on their own IDSS margin. Damn respect

Posted by ysyap84 > 2024-01-23 18:46 | Report Abuse

For sharing purpose : post mortem on Widad share transaction done by the substantial shareholder Tan Sri. In between 26/12/23 till 15/1/24, Tan Sri disposed 3% of his stake. In the particular date i.e. 15/1/24, number of share disposed by him was approximately to 35% of total daily volume (Widad). The significantly offloading of shares made it "oversupply", couple with the weak market sentiment has triggered a panic selling further to the limit down on 18/1/24. 2 batches of shares belonged to Tan Sri were "force selling" at RM0.35 and RM0.20.

Posted by ysyap84 > 2024-01-23 18:55 | Report Abuse

Chronology of event : -

On 18/1/24, when the "LD" triggered : on the morning session, in the first one hour, the trading of stock seem like (Widad) as usual excepted the share open half cent lower (which was RM.485) than the previous day. Surprise attack came about 10.45am the stock started plunged from RM0.45, less than 4 minutes it hit RM0.20.

Posted by dompeilee > 2024-01-23 19:17 | Report Abuse

Their wash trades even lured 大懒赌鬼 like paktua73 to plunge in @ 45c in Oct. However the chart(just like the YNH, Rapid, Leform,Mersec, SCIB & many others) screamed 'MANIPULATED' so I avoided until the green light honed by 30 years of trading experience went on on Friday & I tikam after 2 huge plunges & got a price of 11.21c which I partially picked up 2day...😘

Posted by fl888 > 2024-01-23 22:12 | Report Abuse

For your info, Public Bank margin facility downgraded the share price to 5cts from 14cts..which could have created margin calls for many investors to force sell..

Posted by Depeche > 2024-01-24 08:01 | Report Abuse

Paktua waiting to sell at 0.27?

Posted by fl888 > 2024-01-24 08:12 | Report Abuse

Public Shareholding Spread of 25 % has been complied as per KLSE ruling and If Tan SRI Muhammad Ikmal Opat Bin Abdullah become the Chairman , Widad can go back to 49cts before 17-01-24 easily..

Posted by CDpro2 > 2024-01-24 08:27 | Report Abuse

zoo reopen. welcome all joker

Posted by armadatuah2017 > 2024-01-24 08:38 | Report Abuse

Tuan Opat already lousai....unless he kumpul2 and one shot cultivate the noobies. becareful.....stop chasing high

Posted by mf > 2024-01-24 08:39 | Report Abuse

Dow Jones

Dow Jones Industrial Average

37,905.45

-96.36

0.25%

Posted by mf > 2024-01-24 08:40 | Report Abuse

2024-01-23

Insider

DATO' MOHD RIZAL BIN MOHD JAAFAR (a company director) disposed 10,000,000 shares on 19-Jan-2024.

2024-01-23

Insider

DATO' MOHD RIZAL BIN MOHD JAAFAR (a company director) disposed 7,050,000 shares on 19-Jan-2024.

2024-01-23

Insider

DATO' MOHD RIZAL BIN MOHD JAAFAR (a company director) disposed 6,900,000 shares on 19-Jan-2024.

2024-01-23

Insider

DATO' MOHD RIZAL BIN MOHD JAAFAR (a company director) disposed 500,000 shares on 19-Jan-2024.

Posted by DK2866 > 2024-01-24 09:03 | Report Abuse

Never too late, collecttttttt

Posted by DK2866 > 2024-01-24 09:08 | Report Abuse

Churning?

Posted by investortrader88 > 2024-01-24 09:39 | Report Abuse

I bought some tickets at RM0.16 yesterday.good luck guys ,!

Posted by Dragon88 > 2024-01-24 09:40 | Report Abuse

The counter is in oversold position. Can collect for those with brave heart.

Posted by armadatuah2017 > 2024-01-24 09:43 | Report Abuse

No longer oversold, mate... after yesterday buying interest, it is at Neutral position.

Posted by bfg9000 > 2024-01-24 09:43 | Report Abuse

Basically Opat was acting as Market Maker where he put blocks of 500k on both sides to keep price within a range. Break his buy wall and the whole thing come thumbling down. Remember, he not only was forced to sell much lower than he has been sitting on it for a while.

Posted by bfg9000 > 2024-01-24 09:46 | Report Abuse

A lot of his shares were converted from his warrants at 0.35 per share. So selling at 0.2-0.35 is a loss, and at 200 million shares that is 20M even if he just lost 0.1 per share. MD lost 24 cents a share so thats almost 7M. Team Widad no longer has capability to act as market maker and stabilize the price at their inteded range (a bit like how China controls it currency) and for the first time in 4 years, Widad shares is free with market forces determining its price.

Posted by firdausabrar > 2024-01-24 10:00 | Report Abuse

The only way is to go up!

Posted by Newcomer > 2024-01-24 10:18 | Report Abuse

i'll folllow paktua. hold tight

Posted by manimalanmuru > 2024-01-24 10:27 | Report Abuse

buy 10c selling 20c huhu...

Posted by bfg9000 > 2024-01-24 10:31 | Report Abuse

Just remember if someone in the forum tells you they sell at 30c most likely they will start at 25c and you end up holding the bag at 30c.

Except rr88. That one just spill random nonsense. He tells you the chart here is manipulated. The next thing he does is use some charting bullshit terms. Like, he said I am a liar then tell you what he thinks is the truth.

Posted by ysyap84 > 2024-01-24 10:44 | Report Abuse

To my surprise, so far the share has been on upwards trajectory (from RM0.095 to RM0.21/ +RM0.115 or 121%) , technical reading is still did not show disposal signal from the retailers, however none of bankers are participated.

Posted by armadatuah2017 > 2024-01-24 10:55 | Report Abuse

need to kasih opat some chances to recoup...Hahahhaa

Posted by bfg9000 > 2024-01-24 11:16 | Report Abuse

My second analysis on the bloodbath. Opat force to sell 119,533,800 shares for a total of RM 14,400,839.70 at effecteively 0.12c per share!!!!
So his net loss vs his warrant conversion cost is 0.23 per share or RM 27,435,990.

In the span of 2 days, Widad ownership lost 34M at the very least.

Posted by 45AMG > 2024-01-24 11:45 | Report Abuse

losing steam.. i cuci already.. next..

Posted by Waterfall10 > 2024-01-24 11:55 | Report Abuse

lets begin the lausang after lunch

Posted by Depeche > 2024-01-24 12:52 | Report Abuse

As long as this pattern is not broken, it's ok.... watch closely how the other LD members' prices move.

Posted by Keko789 > 2024-01-24 13:01 | Report Abuse

secure my lambo profit.....keep some for target axia kompang...

Posted by armadatuah2017 > 2024-01-24 14:12 | Report Abuse

@keko789 potato talking to air....

Posted by Sakuragi11 > 2024-01-24 14:46 | Report Abuse

That day got someone say this counter will break from 0.14 to 0.18 then retrace back to 0.14 before back to 0.18 and break 0.26....y the post is gone ya?

Posted by fl888 > 2024-01-24 15:17 | Report Abuse

Tomorrow Holiday, Looks like all those who bought on 22-01-24 from 11.5 to 14.5 may take profit…

Posted by rayhvs > 2024-01-24 15:20 | Report Abuse

where the momentum?

Posted by Seanstock > 2024-01-24 15:20 | Report Abuse

Some take profit 0.185. earlier noone sell

Posted by armadatuah2017 > 2024-01-24 16:17 | Report Abuse

Indians will take profits dulu, Cina blum lagi.......Melayu dah parai along the way...Hahahaha

Posted by fl888 > 2024-01-24 16:32 | Report Abuse

If can hold 18cts, good

Posted by bfg9000 > 2024-01-24 16:35 | Report Abuse

Sakuragi11 - that guy talk rubbish only lah. He said that so people can buy from him. Anyway, it has stayed at 0.21 for hours so proven its rubbish.

Posted by rayhvs > 2024-01-24 16:50 | Report Abuse

😁

Posted by Seanstock > 2024-01-24 17:13 | Report Abuse

Still strong despite holiday sell 😂

Posted by navaseelan > 2024-01-24 17:48 | Report Abuse

opat keep on disposing...

Posted by armadatuah2017 > 2024-01-24 17:54 | Report Abuse

Hes not disposing, mate....he kena konkam.....

Posted by navaseelan > 2024-01-24 18:41 | Report Abuse

Then he will buy back later or not?

Posted by pendekarbujang > 2024-01-24 18:53 | Report Abuse

Paktua steady.left hand right hand always support

Posted by choop818 > 2024-01-24 21:49 | Report Abuse

bfg9000, thanks for your analyses. Is Opat and group still on forced sell? Who do you will be the new owner?

Posted by bfg9000 > 2024-01-25 10:10 | Report Abuse

Once the price recovered they won't need to force sell anymore. But to be sure we can only tell once Bursa announces it, if there are other reasons where they might to sell, like if they owe others money trying to stop the bleed earlier.