What can i see is, this company has had already many projects in that area, so going forward, they might be able to secure projects easily as they already may have trust in this guy work. Share price really at some times dont reflects the company fundamentals, there are plenty like that right? So, when the right time, you can sell your shares at your desired price. Just my opinion.
Anything you can derive from the above announcement? How come there is no query from Bursa Malaysia? There are thousands and one question need clarification.
Very similar to YTLP press release on 8 Dec 2023, until now no progress report whether it is still on or not.
you have choices, if you want to run, run, if you want to stay, nobody hold you. It's normal in the investment or trading, you are not profiting if there are no loser. why harbour so much negativity, why showing like you are the only one profiting, the truest?
Small brain icecool. Speculative trading you need to think like a speculator. I run again the numbers. This time use what little brain you have.
Operator took big position 15 mins b4 market close 2 days ago during momentum surge 0.32 to 0.39.
The next morning he did the early churning buying all the sellers n selling at the same time 0.41 - 0.455. Here is a good facking trap. He conned n trapped the buyers.
When it dropped too fast to 0.365 he pushed it up to stabilise at 0.395 to 0.425 all morning. What did he do? He churned to unload his 0.32 - 0.39 shares, probably averaging at 0.36 cost. In churning, you sell he buys, you buy he sells, at the same time he did left pocket right pocket trading to nett sell.
By lunch time, he had sold off all his shares. After lunch he no longer supported the price and it started to turn red n continue going lower n lower as people who got conned earlier 0.395 - 0.425 started to cut losses. It came down all the way to 0.315 from 0.40. He bought back 0.32. I am not just saying. You could see some big volume traded traded at 0.32. Big dumping absorbed by big buying. It was the same operator who released shares 0.395 - 0.455, buying back.
He tried to push this morning but he was stopped at 0.355/0.36. This people (operator) they dont just hang around once they cant push, they sell back. They pocket whatever small profit they could. So he started churning 0.33 - 0.35 to unload his 0.32 shares. To you it seems like buying. But to the trained eyes, it was a nett selling operation.
Once he had done selling, and detected by big sellers, you see dumping below 0.32 to 0.305. This operator bought back 0.305 - 0.315. If he can play and enough people to play with, he will play. If not, he will sell back n it will drop below 0.305.
This is a con game. The idea is to con people to buy their shares that they acquire at cheaper price.
Understand now? You want to speculate, you need to master the art of speculation!
Ultimately it depends on the fundamental of the company with questions such as 1. Is it able to generate continuous revenue with new businesses? 2. Is profit growing? 3. Is it debt ridden? 4. Is management transparent, honest and timely in deliverance? ... more.
Included in the Group’s borrowings as of 31 December 2023 are bank borrowings denominated in foreign currencies as follows: Equivalents in Value in foreign value of Malaysian currency currency 31.12.2023 31.12.2023 ‘000 RM‘000 United Arab Emirates Dirham 293,674 367,416 Qatari Riyal 40,086 50,548 Indian Rupees 1,433,101 79,107 Singapore Dollar 2,651 9,230 United States Dollar 115,000 528,493
One of the very very small handful of stocks to have successfully KOREK million$ from the old two-faced reptile ConYY...besides Xinquan & JAKS... respect! Willingly hold on to my remaining RM322 investment in 900 remainder shrs even if it goes to zero due to eventual bankruptcy coz the boss holds 3/4 of the tickets & has not sold a single share since listing. Of course, it also helps that I've profited by over a thousand trading the stock medium-term in '13, '15, '18 & this week! Attended the AGMs in '14 & '16 [ in the now shuttered Istana Hotel] before the old KONYY got involved & was very impressed by the thamby's passion & self-belief! 😉
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....
Noni
668 posts
Posted by Noni > 1 month ago | Report Abuse
Did the company clarify how much they expect to make from this award?