Misappropriation is a criminal offense. No director of a PLC will
take the risk of going to jail and have a criminal record . All PLC have their own risks control. We are talking 40 million. The whole Management { CEO, CFO and BOD } can go to jail by any illegal or unauthorized withdrawal of
funds. And the banks will not authorized the withdrawal without all the designated signed signatories. Chairman or Director , CFO and CEo

Good closing today. 61

It's not what you think . more important how the market thinks.
Cheers to all those who buy Gt after the price crash

EPF exit GT due to founder cashing out. Possibilities of GT has now found it's footing after the drastic fall in the stock prices

Anything above 33% will trigger a GO for the shares. I suspect Sarawak has acquired more than 33% . Just a wild guess. LTAT sold 5 % , Bstead inked 20% . Open market moped 5% , GLic link companies additional 3%> . Total 33%

My own view on Sarawak State will continue to seek more autonomy and indigenous stand with Sabah. The question of the 2 Borneo states departing from the Federation is not on the table. Things have changed unlike the early days of Malaysia formation in the early 50's after the Cobbard commission inquiry on the entry of the Borneo states into then Malaya. Brunei opted out and with Singapore the island state departed after 4 years. We are celebrating 67 years of Malaysia independence . Things and ties have cemented between the Federation and the 2 Borneo states. Although the Federation and the 2 Borneo states each have divergent views and different outlook &l views on their people aspiration, religion , custom , cultural and most important family ties.

Whether we buy or sell really depends on your own entry price. Buy low betw 53-54 wait for the rebound.

Time to bottom fish. Stock price was pressure by shorties after company auditor { KMPG} offer their resignation voluntary. Price dropped like a bomb after the news announcement. Technically prices have now consolidated. Can do some intra day trading.

Yes. LGMGL so called express highway not user friendly.one wrong turn ends up going in circle. Certain parts unable to get GPS signal working. Bad design and lack of connectivity

hype up by promoters. Key chart support holding at 35 sen. If 35 price level is breach then next chart MACD set at 32-33. Things are not static

Not looking good for Affin. Key support 3.00 breach

Looks bad for certain tech counters.

Shorties will target and hammer counters with weak financials and weak management. Ekovest fits in and likely to struggle with the deal to sell of the profitable business construction arm to Knusford. Chart wise looks support is pegged at 35 sen. From a trading point buy on dip if price below 35 and sell on a rebound. But if market fundamentals further drop and deteriorated.price needs to revised downwards

To hit the CI above 1700 points. Concentrate on the banks and group of PETRONAS .other counters will follow catch up. Cheers

Yes. Is the light at the tunnel ? still waiting for Ekovest to finalize the merger and group consolidation exercise . The 6 month extension was initiated by Ekovest board and extended until Feb 2025. For ikan bilis for better or worse. Price will be side ways for the next 3-4 months. no choice but to sit it out

Not a good day for Affin. Traded today low at 3.17 despite their Qtr marginal result announcement

Pchem chippy ride. Traded
today's low at 5.66 managed
to claw back at 5.72 level. Still below TP 5.90 latest target price by Aminvest

Everyday we have a bull vs a bear in the market. Mr Bull is always fighting with Mr Bear day in day out..what's important we can "cari.makam". Cheers bro

Pchem really makes the doom sayers eat their words. Cheers

Today Affin bank $3.40 +7 Ambank $5.17 + 16, ABMB $4.47 +1. Still lots to catch up

Sit tight and wait for the next up circle ... Petrol chemicals have their ups and down. Their business are cyclical in nature

Road block at 3.30

Sustain buying across all 9 banking stocks. The big 4 { MBB+30, CIMB +33 , PB+25 & HLB+55 } all traded higher today. RHB ,Affin, ABMB , Ambank all play catching up.

Johor theme play is always part of the game play. But the key factor not all parties will benefit from this. Keep our eyes & ears open for all the parties competing for a slide of the cake. there is at least listed 20 companies here in Johor aiming for a slide of the trade

Strong pick up on Friday. Hopefully can sustain the price upward momentum

Trading below support line 40 sen not good. Possibilities of more pressure piling up. Ikan bilis selling

Market overall showing weakness chart wise showing price consolidation

Chart wise showing downtrend. Need a strong breakout to reverse the trend.

Still waiting for DFX to breakout

LTAT sold 4.95% to Sarawak state. Additional 20% comes likely from thier Boustead own shares portfolio. Abang Johari wants 30% stake in Affin. Strong possibility he collecting from the open market

Looks like CEO is leaving the ship. Price rebounded but....is it temporary. Monday maybe more news on the company. Volume transacted is large

Sarawak business tycoons ( timber , oil palm & shipping } are backing for a local Sarawakian bank. They lost 6 Sarawak banks thru the bank consolidation merger and acquisition in the 90's.. They are happily backing Abang Johari for the Affin bank acquisition.

Noticed the $3.11 trade. Can be a direct block trade buying for his client account

Forced sales by the bank to top up her margin account. If continues which means more downward pressure

Never go all in. Market sink you get hit badly. Never catch a falling knive.Today market sea of red.

Correction or a sell off. Looks bad technically. Depends whether 40 sen can be supported or if not a new low will trigger.

Correction or a sell off ? Only Market knows

Sentiment looks bad. Another bad day for DJ index. Drop additional -610 points on Friday. China property index continued to fall

For a minute I was thinking am I reading in a wrong forum. Sapura not TG......

When market is down. Everybody gets hit. The impact lies on your own holding power . Up cycle you ride on the sentiment. Bad news either you sit tight or cut your losses>and Wait for the next up circle

1.00 is the key battle line between the shorties and the believers

Big Q..... support parked at 1.10 at the close

TG is for long term play. At least hold it for the next 6-9months or 2 Qtr 2025. When better result kicks in. chart wise sideway trading with down ward pressure

Latest news report. Sarawak will inked the deal within a months time. This time Abang Johari plays smart . Don't commit on a date

Puzzling move by big boss. Whole merger idea proposed by him put on hold { further delayed for another 6 months} He is going to milk Ekovest dry dry before proceeding

price support at 48 sen after recent price surge. Big volume traded after yesterday price volatility. Technical showed
sideway trading and consolidation at 48-50 price range

Contract awarded by BN admin. Now PH definitely unhappy with Ekovest so called contract awarded. River of life project is a write off

Game of thrones. Wait for the final settlement and the crown . BNM vs Abang Johari

Simple approval but BNM or Sarawak{ Abang Johari } not agreeable on certain clause. BNM reports to MOF. Anwar is the PM and Minister of Finance. Very strange

Dfx not moving. staying between 19-20 price range. Need something to kick start the engine