Learning To Invest

ITRONIC: 3 Reasons You Should SELL it NOW!

investor2021
Publish date: Wed, 24 Feb 2021, 09:50 AM
investor2021
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Following Message

1. Latest Quarter Earnings Jump Is Not Going To Repeat Next Quarter. This Company made RM
3.6m profit in a quarter, but RM5.0m coming from "Other Income". In short, without that Other Income, earnings most likely to turn into net loss.
Go verify it here:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3130949

2. Substantial shareholder selling. Check out the details here.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131002

3. Share Price Has Surged A LOT. Share Price has surged from 9 sen to 58 sen now. That's 6 times increase! OR 544% increase in 1 year time !

ITRONIC (9393)
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Discussions
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Insider Forecast

Your reason is nonsense. This is 5g company with making profit. It doesn't matter how many times the price increased, it is depend on the potential of the company. And gov announced toward 5g now. Don't try to misleading people and grab lower price.

2021-02-24 13:06

bjgdila123

Ha sell omg

2021-02-24 13:08

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