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2020-08-26 20:07 | Report Abuse
Actuallly in this case, we wikl need news to boost the price. Rumours already there rto. We need real news if it goes thru and if yes at what valuation...these will determine the direction of the price. If the real news on the valuation is so damn good, then the news leak out wikl be BUY ON NEWS.
In thus case i suppise its trading on rumour buy on news. :)))) hahaha my own term
2020-08-26 19:45 | Report Abuse
Hamsterhuat....refering tonyour question, yes normally after RTO, the price will rise. On normal circumanstances.
It may come in many form. When it happen, ancom okd shares will be exchange withbthe newco shares at a valuation to be determined by the relevant authorities. It may come in a ratio of exchanges. Normally the valuation of the new shares should be attractive considering thisbis a heavily politicised stock. The cronies will wan to benefit themselves with lofty valued new shares.
After the RTO, the share base definitely will be emlarged many times which place it on par with some of the main board mid cap stock. Therefore, its no longer an ACE stock and ots stock deserve a premium valuation in view of the main board status.
IF and IF everythg goes well. Bear in mind, many thinga could happen from now til then. Deal could be cancelled for worse case scenario. Of course we cant always look at the rosy side. When i give my view i will have to outline the risk factors.. its only fair to comment on such a way.
Thats my humble 2 cent. Cheers!
2020-08-26 19:08 | Report Abuse
The juice of it is the RTO by S5 and not the NISS. Niss awarded will be bonus.
I think many here have miss the focal point.
If the succesful RTO by S5, ancom enyire business and earnings will be totally transformed.
And do not forget, the new entity will fulfil the main board listing criteria and will apply to transfer to main board in due course.
If and if the while RTO,m succesful, at thisl level ot is an excellent oportunity.
Of course, if nothing unforeseen happenlah
2020-08-26 17:00 | Report Abuse
The delay will be good as more rounds will be made
2020-08-26 16:45 | Report Abuse
Looks like iristan is a god or goddess foe today:)))
2020-08-26 16:44 | Report Abuse
Reckon when the level stay above 70s,The annoucement will be just ard the corner and ready for the last push. U and i know if it is the last push in conjuction with the anmoucement, one can inagine the quantum
2020-08-26 16:42 | Report Abuse
Market maker will up the level and stay there to create momentum for the last push when the time is right. They cant push all the way and not taking their share of profits. Needs to create new level each time and hold there.
2020-08-26 16:27 | Report Abuse
Nigsharkdestroyer bro...not sure ant the 65 closing bro. But anythg above 60 will signal the game plan still on. Its common for this stock to spike and fall back. At least we all know its no longer the 40plus stock.
2020-08-26 16:17 | Report Abuse
NIWV....be it opposition or the ruling parties, when there is a big piece of cake not share equally, noises are everywhere..and by the way, does the oposition has the time to bother on this now? They will be scrambling to take cover of the direct nego of the 6bn deals...
2020-08-26 16:15 | Report Abuse
High5....agreed with u bro... ride with the momentum and not just buy purely on niss. The longer it delays the more oportunities to trade few more rounds...
Ppl start to predict what price it shld close by today i fund it intriguing. Somehow he or she manage to instill fears in the forum and encourage panic selling.. its like a self fulfiling prophecy....when enough followers follow suit, his and her prediction will come true. That will make hom or her God or Goddess by the time the market close.
2 days ago it was hovering at 48-50, if i was a contra kaki i bot then i would have sold by today with good gain...buy low sell high...thats what we are trying to practice, arent we? Cheers!
2020-08-26 15:30 | Report Abuse
Why being so kind let fund managers exit and why let retailers suffer? Your conspiracy theories?
2020-08-26 15:23 | Report Abuse
Iristan....whatever we bought we have to be careful and not get trapped. Not just anclg. Even glove counters will get trap. Of course one will buy when nothingbhas confirmed. Do u reckon when everythg confirmed what will be your entry price. In life and in investing there is always risks and rewards...the diference with punting and investing is investing will take calcukated risks which fits individual risk appetites.
In life, nothing is certain, except death amd taxes...
Of course this stock may drop back tmr. If the srop is due to profit taking then its allright butvif its due to negative development then one has to make a decision to cut loss...we cant predict what hold tmrw....thats my 2 cent cheers!
2020-08-26 15:15 | Report Abuse
Hope u find ur fortune here
2020-08-26 15:14 | Report Abuse
Bro, afraid u sold too soon in xox:)) but at least u r smarter. I sold mone at 215;((
2020-08-26 11:59 | Report Abuse
There is always panic buying towarss closibg at 12:30 ans 17:00
2020-08-26 11:43 | Report Abuse
Of course price will weaken in between along the day but if you see buyers coming in at certain level, u shld know it will go higher later!
2020-08-26 11:42 | Report Abuse
NIWV bro...happy that u r in the money....as i mentioned yesterday it will find support above 56 and then to breach the 615 to make the chart impressive...and it shot way past...the operators are doing a great job so far...
Bear in mind, irregardless when when the niis announce, as long as its still in the plan, there will always be accumulatuon of this stick when it weakens....this had happened in the past few weeks.
Be it announced in August, September or October, the interest will always be there. If u r traders and u are happy with 5-8% contra gain u can always sell and but back. However each time u buy back will be higher price u less and UNLESS there is a big correction in the overall Global market....
Bit if u r going for the big kill, u will accumulate and hold and setbyourbown sell target. I belive many bankers are doing the latter...
There is no right or wrong. All boils down to your own investment or trading goals.
Hope for the best and best of lucks. Hope it comes true the journey to RM1.50. Cheers!
2020-08-26 09:37 | Report Abuse
Macrullen bro...after i sold at 25-26 level i renenter at 185 last week. Look at the movement i gir scare and sold at 215. Make some and be happy. Somehow i feel that big players were disposing. This is entirely my views. I may be wrong.
May be it will go to 50 sen one day or even higher but i feel that its better to treat it as trading...for now.
Many things announced and all still in preliminary. I especialy like their micro fimancing part. Thisbis the reason i rentered. But we have yet to be updated with the latest.
The part that hold me back for holding longer will be the big block conversion by Kgroup. Their cost is only 6 sen. They are hugely in the money. So that will be my fear if u know whatbo mean.
I have since moved out from gp and xox and into ancon logistic. I think there is an interesting story there with the RTO. Market rumoured that it will be 1.50. Please bean in mind its not my valuation. Just market talk. U can take a look bro...i am in...
Meanwhile, i realy like the microfinancing plan by xox. Hope it can come true.
Cheers to xox and everyone here. All the best and make lots it. Thank u xox to let me participate and make some. I will return once it reach my entry level. All the best comrades! Hope it shoot to 28 sen today!
Cheers!
2020-08-26 09:19 | Report Abuse
Day traders will take profit today. So i dun think it will move a lot for traders to profit..., hope it settle above 60 will b good
2020-08-26 09:18 | Report Abuse
Will set new price level above 60. From 40s to 50s now 60s. Foresee setting new level for each stages before announcing if the plan still go thru
2020-08-25 20:31 | Report Abuse
Price will move befire the time line. If one wait till closer to the tine line i believe one will hve to buy at higher price, if everythg still remain as agreed n on going
2020-08-25 20:29 | Report Abuse
RTO time line can be 9 mths. Contract awarded to related parties will b soon. I think the flavor will be the contract and not so much about the RTO...
2020-08-25 20:25 | Report Abuse
They made u believe and reasure u even when they were selling in blocks and blocks
2020-08-25 20:24 | Report Abuse
This operators are really good. Unlike those in the same counter u and i were in. U know which i am refering to:)
2020-08-25 20:24 | Report Abuse
After few days i came to senses thatnita better to take profit and finally sold at 23-25 rangw. Still making good gain but could have made a much better kill if aold earlier:))
2020-08-25 20:22 | Report Abuse
Macrullen bro...how far this can go? Wish i could tell u bro. Ur guess is as good as mine. I was just riding on the momentum and the rumours.
Was o. At 15 sen, it went up to 32 within 2 weeks. Didnt sell cos keep hearing our comrdes here saying 50 sen:))) though i didnt quite believe but i guess my greed get the better of me....after touching 32 sen this counter keep droping 1-2 sen each day and each time towards closing somehow they did some window dressing made an impression thatbit was making a come back. The next day it repeated again.
2020-08-25 20:17 | Report Abuse
Macrullen bro....hi bro havent chat with u for long time. Hope u r well and wealthier by now:))
2020-08-25 19:28 | Report Abuse
Of course they are some insiders that smell the deal is maturing....though not 100%, but 65-70%. Thus some insiders or bankers amdnfrens are quietly buying in....and taking the chance..
2020-08-25 19:27 | Report Abuse
NIWV bro....i was lucky to guess it right....looking at the way howbit has beem moving thats how i came to conclusion...even sharks also works on resistance level becos they know we ikan bilis also look at chart. They manipulated the chart and make it close at or above the resistance. So when we look at chart now that 565 broken, we will be looking at 615...this is how smart ans cunning they are:))
2020-08-25 19:24 | Report Abuse
Many bought in at 255-26 today. Lets hope it will rise again....however, big players were seen unloading in chunks ard 245-255 range
2020-08-25 16:39 | Report Abuse
NIWV bro....Sharks will try to make it close above the 565 resistanfe thats how i see it. Of course i could be wrong...lets see. Cheers
2020-08-25 16:25 | Report Abuse
I foresee, price will strengthen towards closing above 57 sen
2020-08-25 16:25 | Report Abuse
Market is down 15 points..thats why price soften
2020-08-25 16:19 | Report Abuse
If the RTO turn out to be firm and due diligence done...its possible the trading will be suspended pending announcement
2020-08-25 16:18 | Report Abuse
Some sell and take profit are those who bought ard 48-50 sen. They sold cos they dun wan uncertainty and being smart that money in the pocket is monies earned and not just paper gained.
The flip side of the coin is....if the positive news turn out to be true, price will run wildly up and those hwo sold ard 55-59 will be chasing high and dry.../
So...tge choice is yours. Take profit and okay safe or take the risk and hope to get bigger rewards...
Tough choice...all the best. Cheers
2020-08-25 16:11 | Report Abuse
Congrat for those who still hold on. Dun forget to take profit. The way i see, big players are taking profit. I m happy for now and say good bye for now and return later. All the best!! Gooe it close above 255
2020-08-25 13:57 | Report Abuse
High volume indicate parties with inside news buying
2020-08-25 11:44 | Report Abuse
Regret didnt get enough this morning
2020-08-25 11:43 | Report Abuse
Some chose to profit taking and some chose to accumulate...this is the balance of the matket.... buy and sell or hold
2020-08-24 19:33 | Report Abuse
Those who didnt take profit today will have sleepless night tonight. I have been uncomfortable with the way the price behave and the the waybthe buy and sell q formed and withdraw. This is the classic example of operators trapping small timers for their own exits...
Anyway, tmrw operators may do the opposite amd jack the price up in the morning or morning to give bilis the comfort and ignorance. In normal case, be it good loss or bad loss, price will always drop....
Just my 2 sen. Hope for the best and prepare for the worst. Cheers!
2020-08-24 17:06 | Report Abuse
Congrat to those who held on to it. I have no bxxx. Earn a bit run ady.
Happy that everyone is happy today. Have a great evening giys and girsl...cheers!
2020-08-24 13:34 | Report Abuse
U sire are frustrated. Any one leave a comment here will be lableed as promoter to trap ppl. Peace bro. I never promote. I just trade with the momentum diam diam. All the best....peace bro. We are all same the same goal, just to make a bit of pocket money here:)
2020-08-24 13:30 | Report Abuse
Wang choi168... bro i am scared. I just made a bit kopi o miney i run ady. Bot last week 195 sold 205.
Previous bot 17 sold 25. I think i better ne happy or esle later give back.
All the best to others. Cheers
2020-08-24 13:22 | Report Abuse
I believe many had been cheated and bluff into buying warrant and convert it when they artificially create a huge discount. This was what happened in green packet and got many burnt. When i saw the discount here i dare not touch the warrant cos this is how those unscruptpulous warrants boss spin off their free warrants with goood price and same time get ikan billis like us to convert and give the company funding.
Now all most warrant that converted will be higely out of the money since the mother shares dropped from 30 sen . Those responsible will not let bilis make and will just let the mother share determined by supply and demand...as we can see, the demand is dwindling....its sad we bilis get conned but who to blame...
Let see what 8899 have to say with his mlm pasar malam promotion...like i said, when u see someone promote like that, u better be scare and be very scared.....either he is the operatos or working for operators or he has big holding to see..this applies to all the counters...
Well just my 2 sen. I could be very wrong and i hope i m wrong. Wish all the best and make lots of it in this counters. Cheers!
I m ckn shit. I got out all... will return when the dust settle
2020-08-24 13:15 | Report Abuse
Can see the tension runs high here now....peace
2020-08-23 17:47 | Report Abuse
The way that 8899 promoting scare the hell out of me. Wanted to all in but pull back cos hard selll means something else, at least to me. Anyway, hope all are well and wveryone make monies tmrw. Cheers!
Stock: [ANCOMLB]: ANCOM LOGISTICS BERHAD
2020-08-26 20:37 | Report Abuse
Macrullen bro....no i didnt cos i m afraid will get trap and give back. I monitor the movement sometimes my hearr stopped:)