WIDAD GROUP BERHAD

KLSE (MYR): WIDAD (0162)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

420,800


11 people like this.

8,351 comment(s). Last comment by pritpritt 5 days ago

Posted by firdausabrar > 2024-01-23 16:26 | Report Abuse

resume uptrend

fl888

7,721 posts

Posted by fl888 > 2024-01-23 16:28 | Report Abuse

Besar project umum ke ?

Keko789

83 posts

Posted by Keko789 > 2024-01-23 16:28 | Report Abuse

opat force sell finish??

Posted by armadatuah2017 > 2024-01-23 16:30 | Report Abuse

opat mati kena forced sell..........now biggest losers in KLSE

Posted by armadatuah2017 > 2024-01-23 16:32 | Report Abuse

almost 100 mil shares sold on 19 Jn 2024

DK2866

407 posts

Posted by DK2866 > 2024-01-23 16:33 | Report Abuse

0.25 reachable, easily. Wait for market opening tmr

Posted by armadatuah2017 > 2024-01-23 16:39 | Report Abuse

0.170, ill top up a little...

DK2866

407 posts

Posted by DK2866 > 2024-01-23 16:41 | Report Abuse

Yang mana terlepas, collect cheap tix now

Boom

39 posts

Posted by Boom > 2024-01-23 16:46 | Report Abuse

Took profits, good luck

Posted by armadatuah2017 > 2024-01-23 16:49 | Report Abuse

gosh, closing above 0.20

bfg9000

410 posts

Posted by bfg9000 > 2024-01-23 16:51 | Report Abuse

0.185 lah

Kanenites

4,519 posts

Posted by Kanenites > 2024-01-23 17:04 |

Post removed.Why?

limgor

87 posts

Posted by limgor > 2024-01-23 17:05 | Report Abuse

doraemon triangle FORMED, otaku assemble, diamond handed V shape, GME formed, teh nikal, limbeh got 18 million on hand, hear me say
- rr88

Posted by Midi Nevermore > 2024-01-23 17:05 | Report Abuse

rr88 tengah isap gam..

rayhvs

159 posts

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

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

limgor

87 posts

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

MD kena margin call bro u think he want

bfg9000

410 posts

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.

rayhvs

159 posts

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

bfg9000

410 posts

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

ysyap84

170 posts

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.


ysyap84

170 posts

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.

dompeilee

11,889 posts

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...😘

fl888

7,721 posts

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..

Depeche

4,451 posts

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

Paktua waiting to sell at 0.27?

fl888

7,721 posts

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..

CDpro2

98 posts

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

mf

29,034 posts

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

Dow Jones

Dow Jones Industrial Average

37,905.45

-96.36

0.25%

mf

29,034 posts

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.

DK2866

407 posts

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

Never too late, collecttttttt

DK2866

407 posts

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 ,!

Dragon88

153 posts

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.

bfg9000

410 posts

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.

bfg9000

410 posts

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!

Newcomer

33 posts

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...

bfg9000

410 posts

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.

ysyap84

170 posts

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

bfg9000

410 posts

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.

45AMG

621 posts

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

Depeche

4,451 posts

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.

Keko789

83 posts

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....

Sakuragi11

230 posts

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?

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