Should be Sea Capital owned Flexi share of 5.005% thru private placement (acquired at 0.145 a piece). Sea Capital is a private equity firm focused on high growth business. POC : 0.245. Correction is on the way. Be careful, very volatile.
@ysyap84 @Trianon I see. Thanks for the clarification 🙂 Fyi, Sea Capital Holdings Sdn Bhd is renowned in Malaysia and has over 50 years of investment experience
The counter was up partly because of LOA for supply and install for mechanical and electrical works for water treatment plant that made it up. Couple by inflow of capital by Sea Capital (new shareholder) attracted the attention of investor. Glove industry is still weak with the recovery is still farther. If you go through the latest result will note that the revenue is shrinkage. But the jobs to make water treatment plant, flood mitigate projects are now awarded by government. For those companies involved may get some pie of cake.
Yieldseeker - for immediate term - if tomorrow the price won't close below 0.21, there will be the entry point. MA20 at 0.195, this will be the cut loss point. Disclaimer : buy at your own risk.
@ysyap84. Thanks for your kind sharing. Today it makes a small rebound instead. I think I will place a buying order at 21 cents and see can get it or not later
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Viable4Everything
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Posted by Viable4Everything > 2024-03-19 23:47 | Report Abuse
Flexidynamic is back to its dynamic 😃