Run la. I heard Guardian also sack their directors because of poor performance. Very competitive for this industry. soon become rm 0.50 like hovid few years before. Need to have new strategy..
Maybe Anaktimur is right about M&A. Because VT also owns Cosway. If the two chains merge via share swap, they could be the largest pharmacy chain in Malaysia. That will be super duper for this stock.
Bursa Malaysia Securities Berhad (“Bursa Securities”) has issued an Unusual Market Activity (“UMA”) query to CARING PHARMACY GROUP BERHAD (stock short name: CARING and stock code: 5245) today due to rise in price of the Company’s shares recently.
The UMA query has been posted on Bursa Malaysia’s website, www.bursamalaysia.com, under the classification of “Listing Circular”.
Holding and continue to hold. I am not selling, regardless of short term price movements. Anyway free float of caring shares are very few. Price can go up fast and come down fast also. Weak hearts cannot play this stock.
Until now no news to explain the upward trend. Not easy to decide to hold or sell. I have decided not to sell and will keep as this counter has a lot of potential.
The Board of Directors of CARING wishes to announce that the Company proposes to seek the shareholders' approval for the proposed authority for the Company to purchase its own shares (“Proposed Share Buy-Back Authority”) at the forthcoming annual general meeting.
A Statement to Shareholders containing the details of the Proposed Share Buy-Back Authority will be dispatched to the shareholders of CARING in due course.
Why privatize in just two years after listing? Took some profit on friday. Got this lousy feeling about the red shirt rally coming up. I think they are up to no good. They want to send a message to yellow shirts that in future u guys come out expect lots of trouble from us. I am only guessing but if that is the plan, it could affect the stock market and currency and a lot more.
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....
Flintstones
1,762 posts
Posted by Flintstones > 2014-11-22 14:42 | Report Abuse
Dropping below IPO price!