Good news. Key shareholders acquired more shares yesterday - see announcement in Bursa below:
Particulars of substantial Securities Holder Name MR KER BOON KEE Nationality/Country of incorporation Malaysia Descriptions (Class) ORDINARY SHARES Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 03 Feb 2020 102,000 Acquired Direct Interest Name of registered holder KER BOON KEE
Further buying of 100k shares on 4/2/20 by key shareholder, Ker Boon Kee (Bursa announcement). Hope he continues to buy more everyday and move up the share price. Long overdue. Thank you.
The parts shortage is temporary and should recover soon, its not the first time a pandemic has befall us and it will not be the last..whatever it is the world still has to spin.
i belives, it will be a continuation of 2014's policy with additional improvement to cater for new technologies and market demands. the 2014's policy gives good emphasizes on the aftermarket sector
KUALA LUMPUR (Feb 21): The National Automotive Policy 2020, which was launched by Prime Minister Tun Dr Mahathir Mohamad today, outlines three directional thrusts to spur the development of the automotive industry.
The first direction is the development of technology and engineering, whereby critical components and systems for Next Generation Vehicles (NxGV), Mobility-as-a-Service (MaaS) and Industrial Revolution 4.0, including systems and components within automated, autonomous and connected vehicles (AACV), IR4.0 technologies, light weight material technology as well as hybrid, electric and fuel cell vehicles will be developed.
Secondly, the policy will also maintain the practice of customised incentives mechanism introduced in the previous NAP launched in 2014, based on cost benefit analysis of specific business proposals by investors.
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Thirdly, the policy also includes measures to increase export development, not only for vehicles and components, but also for the after-market and services sector.
Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
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Legend
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Posted by Legend > 2020-02-04 14:45 | Report Abuse
Buyyyyyyyyyyyyyyyyyyyyyyy