Xox just a purely goreng stock after announcement all panic selling ...The announcement should be very positive news that can bring another revenue to xox couple with new investor from HK and Dato Anzo....the downturn is proof that this counter just a purely goreng counter and can't sustain for long run...
Good reward need go thru a lot of pain , Rome not build in few days, patient, it need time, alipay agreement just started, still long way to go, not need talk bad about it, relax and life still goes on
This collab between XOX and Alipay Labs won't have an impact in this year's third quarter. Any impact can only be seen from October 2020 onward. It's a three-year agreement. Who knows when it will start to bear fruit.
"XOX said the agreement with Alipay Labs would not have any effects on the share capital and shareholding structure of the company.
It is also not expected to have any immediate material effect on the earnings per share, net assets per share and gearing of XOX for the financial year ending September 30, 2020."
Anyway, do look out for Ant Group's IPO public listing. Although Alipay Labs is just an affiliate company of Ant Group, but it is quite likely they will benefit even for a little bit from that IPO.
This is a highly goreng counter. The last 5 min was a tussle between closing the month with red or green volume bar. Both Price and volume closed for the month in green marginally. Weekly price and volume also closed in green. There will be more action in Sept.
strong support at 0.245 lol.....that's why price not drop below 0.245.mean sharks still want push up...i know sharks not sell today.they buy more today.next week price will up back.let see happen next week.up or drop more hahaha
Hunter8888: maybe they'll psycho ikan bilis to sell more and after that, push further up all the way.
I might be wrong, but I have a hunch they're trying to ride on Ant Group's IPO listing, eventhough Alipay Labs is just an affiliate company of AG. Sentiments sentiments.
Promoter compete each other to sell off, retailers innocently invest on rumours. The domino effect will take a long time to convince investors. They got 2 cts and compete to unload even at 10 cts they made fortune 5 time the cost price. Why bursa closed both eyes? So sorry for those bgt above 30 cts. Monday 50 million more placement in the market and dilute. Will the big boss give full support or collapse to the bottom how it started, easy way to raise funds, just like printing with nobody care. Unless the dato dato who enjoy the 2 cts subscription support or collapse totally. My 2 cts view may be wrong but it is realistic indeed. Until today just spreading rumours and raise the price and throw from top to the bottom after all its just 2 cts cost. The best strategy nobody check and Monday we will see how the market react. That's the reason nobody dare to comment. Limit down or support strongly before it bottom down. Very disgusting!
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