Posted by MarioBros > 2024-04-04 10:52 | Report Abuse

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

Posted by youarewelcome88 > 2024-04-04 10:57 | Report Abuse

@MarioBros... Just be careful

Posted by Michael R. > 2024-04-05 09:41 | Report Abuse

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

Posted by MULTIEVER > 2024-04-05 17:24 | Report Abuse

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

Posted by 陳 彥霆 > 2024-04-08 00:36 | Report Abuse

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

Posted by matg > 2024-04-08 11:46 | Report Abuse

sila saukkkk dan peram

Posted by 陳 彥霆 > 2024-04-08 23:30 | Report Abuse

We should report police this MIDF throw client's tickets

Posted by armadatuah2017 > 2024-04-09 08:01 | Report Abuse

Paktua dah mampus la. Hahaha. Margin call also.

Posted by quassar > 2024-04-09 10:02 | Report Abuse

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

Posted by Change_ > 2024-04-09 10:10 | Report Abuse

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

Posted by 陳 彥霆 > 2024-04-09 19:12 | Report Abuse

no need to worry, soon will go up

Posted by Edmond0401 > 2024-04-10 17:43 | Report Abuse

yes mikeann you true

Posted by ysyap84 > 2024-04-10 19:03 | 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 > 2024-04-10 19:59 | 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 > 2024-04-12 15:58 | Report Abuse

who is the new owner?

Posted by 陳 彥霆 > 2024-04-13 01:01 | 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 > 2024-04-15 11:36 | Report Abuse

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

Posted by CY266 > 2024-04-15 16:19 | Report Abuse

no worry, just hold. External factor

Posted by quassar > 2024-04-16 15:00 | Report Abuse

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

Posted by ohlala > 2024-04-19 11:17 | Report Abuse

0.06....sliding down slowly by the day

Posted by Edmond0401 > 2024-04-19 14:25 | Report Abuse

don worry will fly soon

Posted by rayhvs > 2024-04-19 17:07 | Report Abuse

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

Posted by 陳 彥霆 > 2024-04-21 01:08 | Report Abuse

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

Posted by TradeVirtuoso > 2024-04-23 16:52 | Report Abuse

lowest already, bottoming up and gogogo

Posted by armadatuah2017 > 2024-04-23 17:30 | 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 > 2024-04-23 17:54 | Report Abuse

intentionto deal during good news or bad news？？

Posted by CY266 > 2024-04-23 18:39 | 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 > 2024-04-24 09:15 | Report Abuse

start engine liao

Posted by Eagle77 > 2024-04-24 09:42 | Report Abuse

Scam counter LD ⬇️🩸

Posted by Eagle77 > 2024-04-24 09:43 | Report Abuse

History never lies ⬇️🩸

Posted by Eagle77 > 2024-04-24 09:45 | Report Abuse

Will down to 0.03 very soon ⬇️🩸

Posted by derrickinvestor > 2024-04-24 14:14 | 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 DK2866 > 2024-04-26 11:29 | Report Abuse

Force sell block seems drained out, 0.06 is the lowest i bet.

Posted by Edmond0401 > 2024-04-26 21:25 | Report Abuse

next week fly

Posted by TradeVirtuoso > 2024-04-29 15:37 | Report Abuse

share buy back, rebound is imminent...

Posted by Edmond0401 > 2024-04-29 21:45 | Report Abuse

limit up soon

Posted by Rowie > 2024-05-03 19:01 | Report Abuse

Will Limit up when people look at the top 30 shareholders list and do some calculations

Posted by quassar > 2024-05-05 12:18 | Report Abuse

let me tapao at 6.0 first... than do la wht ever u plan to do

Posted by Michael R. > 2024-05-08 19:53 | Report Abuse

Wowww... Dato Eddie,. SOCSO... HR

Posted by Edmond0401 > 2024-05-08 20:05 | Report Abuse

tommoror lu

Posted by limit_up > 2024-05-08 20:17 | Report Abuse

Opat margin call. Everyday throw shares. Throw throw, tomorrow will throw again. Cannot up.

Posted by Moondate > 2024-05-09 09:13 | Report Abuse

continues throwing until abg jamil mampos

Posted by TradeVirtuoso > 2024-05-09 18:47 | Report Abuse

Widad’s largest shareholder appoints Industronics to manage Langkawi golf course, hotel development

https://theedgemalaysia.com/node/710811

Posted by Edmond0401 > 2024-05-10 18:08 | Report Abuse

monday hoot9e

Posted by Edmond0401 > 2024-05-12 16:24 | Report Abuse

want buy fast loo

Posted by Micias84 > 2024-05-13 16:32 | Report Abuse

Buy industronic

Posted by Michael Kwok > 2024-05-14 17:51 | Report Abuse

My nexgram 3 cents vs itronic 5 cents.who will win.both also so,so.
14/5/24 5.55pm
Posted by Micias84 > 1 day ago | Report Abuse

Buy industronic

Posted by armadatuah2017 > 2024-05-15 12:06 | Report Abuse

Only doom awaits....write off the investment

Posted by kaipeng911 > 2024-05-15 17:48 | Report Abuse

boss dispose everyday，maybe have something bad at the backside，becareful。maybe will drop to or under 0.05

Posted by Edmond0401 > 2024-05-15 17:59 | Report Abuse

no sure but share buy back soon