Using last 4 Bursa Announcement since 19/1 sell down #1 119M shares at 0.12 lost 27.4M #2 40M shares at 0.12 lost 9.3M #3 5.3M shares at 0.16 lost 858K #4 6.5M at 0.12 lost 1.5M Total around RM 39M using 0.35 cents as his cost (assuming he acquired these from Widad-WA conversion at 0.35 cents) He sold like 172M shares and he has 40M direct, 750M indirect interest remaining. Loooonnngggggg way to go if he is still in financial trouble
Total direct and indirect shares disposed by Tan Sri is 7.97% (approximately to 246,751,200). Based on the shareholding as 26/12/23 minus with the shareholding as at 26/1/24.
This is scam stock. Put your analisis, chart pattern aside. Its clearly this stock depend on Opat. No resistance nor support. The owner can decide to make it to 0.005sen or make it to rm10. When you see red, dont buy. If you see green, then buy. Got profit, and suddenly many sell, just sell. Am talking to myself as I hold when it was green and now regret it as I have to cutloss.
Paktua, Last time you mention 0.15 and now 0.13? I already cutloss la. Seem like Paktua work as operator. Last time lure people to stay until 0.15 now 0.13. When will the stock uptrend again paktua? As an operator come n give tips la when will the price spike. Give us angpaow before this Chinese New Year
no la... he said 0.13....no one is listening to your la calvin........noobcake....go promote your super stock netx or spam other forum....your trick doesnt work here.....
Comment from the trading screen (30/1/24) : - morning session the stock opened at 0.155 and recorded the intraday high at 0.160 subsequently headed to the south and bottom out at 0.135. At least 2 times witnessed some big players bought the stock at 0.14 with 5,000,000 to 7,000,000 units of share within "a minute". Suggesting, the bargaining-hunting activities are actively involved. The prices were slowly push to 0.145 before the closing. While the investors were aggressively grabbing the shares at 0.145 before the closing bell rang. Some peculiar things happened, again "a minute show" occurred more than 10,000,000 units of share were put up for sale at 4.59pm. This indicating the force selling activity has not yet exhausted. Perhaps became weak or vice versa. For sure, the answer will be unveiled on the next trading session.
Today morning session, the trading is lack-lustre, the share reached the first session high at 0.15 and retraced to 0.14 before ending up the morning session at 0.145 with 100 units deal done. 0.145 remained as an immediate resistance. A few attempts to break through were fruitless. Most of investors are sitting on the fence awaiting for the fresh leads for the market as whole. Pending the latest updates of the changes of substantial shareholding announcements or perhaps no shares transacted from him (Tan Sri) from 29/1 till 30/1, which should be deem as a good news - signalling the end of force selling activity. Till the closure of morning session, technical oscillator RSI and MACD are flatten, suggest selling pressure is slowly out of the steam. However, we need the coming afternoon session to reconfirm this finding.
Someone told dy paktua bought 0.44 - 0.47. Then dropped too fast no time to cut loss. Then rebounded to 0.205 still pschological trap too much to cut loss. I told people then that it was a deadcat bounce or a major bear trap.
You see arr it is a case of BURST BUBBLES for some 15 counters or so. Once burst they all WILL GO BACK TO SQUARE 1 to move sideways. Any intermittent fluctuations are bcause operator playing quick touch n go with it.
This one will go back to 0.10 thereabout to move sideways plus minus 1 - 2 cents for months. Later it will drop to 0.06 - 0.07. You see arr this is a LOSS MAKING COMPANY with so-so revenues and it belongs to a PENNY STOCK LEVEL BELOW 0.10 because of its 3 BILLION issued shares.
If you cut loss now 0.145 you will save half of the headache if you bought at 0.205.
Ysyap. Same operator bought n sold at 0.14 to get out n undo their mistake. Bcause this thing refused to rebound. When no rebound, it will go down. Operator is escaping selling at breakeven.
A comment from trading screen : last 15 minutes trading session witnessing the sellers outnumber the buyers to pull down the price to 0.135. But if analyse from the remaining 10 minutes, only 25,000 units were transacted at 0.135, augur well that actually not many sellers are willing to give away their chip at the current price. Technical speaking a "Tweezers Bottom" formation appeared signify a trend reversal is coming soon further supported by RSI reading recorded at 19 and the MACD is flatten. Technical analysis would not be lied but sometimes it may come later to reflect in price (lagging).
(Disclaimer : for case study purpose, do not deem as a buy/sell call)
@normie Stop spamming everywhere. and asking people to join your scam group... If u could well predict the price range, u dont need to keep luring people to your group, to scam money.
Kenenites engkau budak2 apa tau. Itu scib ada rebound sikit 0.35 - 0.395, tutup 0.37. Itu mersec ada rebound sikit 0.39 - 0.42. Ini barang tak ada rebound. Bila tak rebound, dia mau turun manyak. Aku beli 20,000 lots 0.14 sebab itu support ada sana. Breakout itu hari 0.14, support 0.14. Bila tak rebound aku jual balik 10,000 bagi 0.145, 10,000 bagi 0.14. Breakeven.
Engkau beli kacang butir 200 lots boleh lah gelak2 santai kambing. Org beli beratus ribu$ harga 0.40++ menangis air mata darah lar. Tarak bohong punya. 7 sen otw. Ini turun banyak operator sapu 0.10 - 0.13. Tolak naik, con people distribute 0.18 - 0.205. Turun smlm dia ambik balik sikit 0.135, 0.14. Ini hari dia nak push, tak boleh pergi. Dia jual balik smlm punya. Nanti tak ada big stockist simpan, dia turun slow2. Lepas tu naik sikit, org jual, naik sikit org jual. 0.09 - 0.12 sideways. Lepas sebulan dua dia turun lagi. Ini brg sudah pancit daaa...jgn jadi bodoh sombong. Org puteh kata dont be naive.
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MQ Trader 2948 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
armadatuah2017
2,610 posts
Posted by armadatuah2017 > 2024-01-29 17:36 | Report Abuse
O lin, Opat is going to be removed if all his shares kena jual.