Next AVALANCHE.......???

Expect news coverage by The Edge soon.

If the report is positive, then expect renewed buying interest.

It's merely "storm in a teacup".
Sell down to RM1.0 is risky for big boys as the resistance is too great.

Other big boys will buy the cheap tickets.

Operators don't like Black Swan event, when this sudden litigation occurred, fears gripped due to the uncertainty of the case (whether any impact on the company).

Management must give assurance to investors about the possible impact, otherwise we can expect the prices to be subdued.

No one will deny that it's a matter of when not if, the all-time high NASDAG will burst anytime.

Just waiting for a trigger.

When it crashes, it will be spectacular and all stocks in Bursa will crumble like tofu.

History will always repeat itself: Black Monday 1987
Dot-com Bubble 2000-2002
2008 Financial Crisis 2008-2009
COVID 2020
2024/2025 Tech Crash ???

All the talks will go down the drains when bubbles burst.

Like WB, conserve cash to nail it big later!

AI, DC and Tech sentiment is or nearing over!

We are just waiting for NASDAG to burst to nail it!

Anyone who now reads US's economy and equity markets will be sleepless at night especially with huge exposure.

Conserve cash (like WB) and nail it big later!

Kenergy is a very lucky counter with best listing timing!

Many shareholders and private investors made huge returns. It is riding on the SENTIMENT of AI tech boom and Bursa bull ride! But the good time is it nearing over! See how another "energy" stock Eldridge's performance tell the story!

The IPO trend now is, if you get allotted, you should sell on the IPO day as the days for shareholders and investors to make huge profits is over.
For Kenergy, the IPO price is 30 cents only, that means even at 62 cents now, there is still 100% huge profits for shareholders and investors (private placements, etc).
The real value of company is always BELOW IPO price as it is based on FUTURE estimation.
The shareholders see that now the tech or AI theme is over as NASDAG is a well-known timebomb, there's a big risk to their profits if market collapse anytime.
So, it will be a sucker to buy and "support" above the IPO price.
Even below the IPO price also need to consider twice!

Data centre/AI theme and hype is over ! At least it is going down BEFORE NASDAQ crashes!

As expected, the business should be deemed non viable anymore. Losses every year since 2018! Need a businessman to run a business. Below 30 cents is almost certain before next QR!

Obviously, foreign funds are taking profits and exiting today. Dow Nasdaq are at historic high with tech bubbles anytime would explode, this no one would deny in Wall Street.
Stocks have become RISKY assets.

Regardless of market directions, skillful players make money in both ways! Well payed!

Downward trend exacerbated by worldwide crashes! Unlike those new IPO counters, AI and DC related counters, where substantial profits were gained (hence can absorb the crash or steep correction), the ever dropping POS is really unfortunate.

Now fear and panic grip and reign supreme!
With such sentiments, whatever "good things" will not beat the market forces.
Best to do, be light or exit and come back later.
Of course, if the FED so decide to hold emergency meeting soon to cut rate (substantially) before September, then there is a chance confidence might return.
Focus on news on FED.

The AI and DC rock & roll party is over - prematurely!
Surprise shocks from Dow to Nikkei and panic all over the world!
All eyes and ears will be focusing on FEDs Sep interest rate reduction, is it BIG enough and FAST enough to avert the recession! All look bad in US, unemployment data, 35 trillion debts, ticking time bomb of Nasdaq and the anytime all out war in Middle East. No fund managers can sleep well at night from now.
Warren Buffet, willing to forego $100 mil dividends, already ditched 50% shareholdings in Apple.
Best indication is out, what are we waiting for?

All the AI and DC hypes suffered premature blows too soon. Warren Buffet willing to forego 100 mil dividends from offloading 50% Apple shares is just too glaring! Ticking time bomb in Nasdaq! Bloodbath should continue...until FEDs expected increase in interest is all priced in and that's by September next month.

Foreign funds approved for exit...

Downward trend continues to historic low of 0.39 even Bursa up 11 points! Sellers are selling for some reasons! Will we see a 25 cent POS before next Qtr?

Astro just hit again! (Stock prices all the way down to the historic low of RM0.29)

This may be a similar fate too for POS with analysts forecasting the target price of RM0.33 going forward! Everyday historic lows!

Furthermore, why so much attention to Sustainability? Already bleeding cash nearing ICU still harp about zero carbon, waste treatment... just oblige the reporting and window dressing should be the right thing to do when business is in difficulty. No serious and painful rationalisation will lead to no where. Next quarter is dangerous!

Hire a CEO from China. Tomorrow will limit up! No need CEO like Chew Shou Zi, any experts from Tencent or Alibaba will transform the company to the NEXT level. It's already self serviced for sending and collecting parcels in China without any staff! Self driving parcel delivery vans already roaming the streets!

1 hour ago


GlobalEquity

The problem of Pos Malaysia is losing millions by the day! Very much looks like the trend will continue, so are the stock prices. The Kopi Shop thing is a joke for a postal service! How low can it go? Below 40 cents is not unlikely! The work culture thing is the most difficult to solve.