I can see from the announcements that the few Lim were buying back Senheng shares aggressively from the market lately. Am I right to say that they sold their shares during IPO at RM1.07 and now they were buying back at a lower price, thus making huge profit in trading? Someone who are expert in share trading please advice if my thinking is correct.
Posted by Baobab > Feb 17, 2022 3:07 PM | Report Abuse
I can see from the announcements that the few Lim were buying back Senheng shares aggressively from the market lately. Am I right to say that they sold their shares during IPO at RM1.07 and now they were buying back at a lower price, thus making huge profit in trading? Someone who are expert in share trading please advice if my thinking is correct.
Well an expensive lesson learnt paid by Senheng as a newcomer on the modus operandi of trading in a stock exchange. By showing profits & dividends only are not enough to get the support of big funds.
There is always consequences to your actions. Before you act, make sure you are prepared for them.
The only solution now is to brief & convince the big funds on the prospect of future earnings. Only with close rapport, good dividend & great future earnings will bring the big funds to invest.
Indifference is expensive. Hostility is unaffordably. Trust is priceless. Business is all about relationship.
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Posted by Godofgambler > 2022-02-17 13:39 | Report Abuse
Finish. black hole trap