UMA actually creates an opportunity for big sharks to accumulate at lower price, then they make a lot by pushing up the price.. So don't panic! Follow the trend to buy before it hits 0.5
few stocks that in hand after UMA even move higher and faster than expected... go through the company profile and if you confident with the company busines, UMA is just nothing....
UMA is another tool by the sharks to scare away the retailiers so sharks can collect more at lower price... just check out other counters that have similar UMA and see how the share price respond after that... in short, sell your house, sell your mother and collect more at this discounted price !
UMA is just for show, otherwise investor will question Bursa's credibility. The show must go on, but what happens after the show is done, u know i know la...
We refer to Bursa Malaysia Securities Berhad’s letter dated 20 April 2014 in relation to the unusual market activity (“UMA”) of the Company’s shares.
In accordance with Rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“LR”), the Board of Directors of the Company (“Board”) wishes to clarify that to the best of their knowledge and after having made due enquiries with the directors, major shareholders and such other relevant persons, the Company is not aware of any of the following:
1. Corporate development relating to the Company’s and its subsidiaries’ businesses and affairs that has not been previously announced that may account for the UMA including those in the stage of negotiation/discussion;
2. Rumour or report concerning the business and affairs of the Company and its subsidiaries that may account for the UMA; and
3. Possible explanation to account for the UMA.
Further, the Board wishes to confirm that the Company is in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.
This announcement is dated 20 April 2015.
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New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
Best 168
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Posted by Best 168 > 2015-04-20 14:47 | Report Abuse
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