Management add is to show us they are buying, but actually fact they still selling. NTA so low, net tangible asset per share is so low, how can this company worst 1bil? Maybe rm100mil is more applicable to this company. Since is over value, I am sure owner is selling off all his share under nominee name.
TA at critical lvl now. see the broad sentiment. this forming inverted descending triangle. which mean tend to break lower. but i hope for pole up or robound from here. just my view..
Homily chart software show KAB was oversold for 3 days, the support is 0.580, if can stop dropping before that, the rebound will bring another uptrend soon. The political situation that will affect most of all the stock is still unclear, but at least KAB's business can be resumed. Wish everyone good luck.
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....
ipohwhitecoffee
798 posts
Posted by ipohwhitecoffee > 2021-07-30 15:38 | Report Abuse
over-valued engineering company. no buyer. sliding non-stop.