floating share not many. director + epf already taken 75% of the total share...very easy to push up...can see the volume not high but the price went up fast...
Trump just signed an executive order effectively reserving Pfizer's vaccine for Americans only and Pfizer is facing supply chain issues. D So although we have signed a purchase agreement with Pfizer, we won't be able to get Pfizer's vaccines. Thus the developing countries will be getting only Chinese vaccines.
American vaccines are not realistic bcos they have already been reserved for America and Europe..... nothing left for the rest of the world who will have to depend on Chinese vaccines.
Malaysian government in latest Budget had introduced generous tax incentives for companies going into vaccines manufacturing in order to encourage such industries for the good of Malaysia's future in vaccine capabilities.
Why all the vaccine plays don't get supply/reliable technology from non CCP sources. All these stock plays are rubbish. Good luck to those that got through leaving the rest of the sochais licking their wounds soon.
Up to now, uptrend is still intact. As of yesterday, 10.30AM RM 1.67 @ 19.5million volume Today 10.30AM RM 1.67 @ 20.8million volume.
It's kind of a healthy profit taking happening, even if today closes at 1.70 again with another 50 million shares, that's still a very healthy accumulation/after absorbing the profit taking that's happening, with 120 million shares transacted.
They have just announced their reply to Bursa's UMA. It's not a simple reply that they are unaware of any reasons for the price movements. They are in preliminary, exploratory discussions and they also mention possible " leakage" of information,etc etc. So.....they are still in early stage of business discussions.
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....
GorengHealthcare
1,314 posts
Posted by GorengHealthcare > 2020-12-07 09:11 | Report Abuse
thank you ioipg