It is normal to have sideway price movement for a period. Calm before the big storm

Congrats to those who managed to buy more at RM1.10 today

The worse is behind AMMB. It can only get better once the MCO is over. No more contingent liability and thereby may be a takeover or merger target

Political instability causing the Bursa to be sea of red again. Very good opportunity to do hunting now

Momentum for Spring (phase D of Wyckoff accumulation) just started today. Gradually, momentum would gather more strength.

https://www.youtube.com/watch?v=fEq5tbRnpao

Just for sharing about my experience in Investment for more than 20 years. The Wyckoff Accumulation happens after a substantial drop in price and when there is no negative changes on the fundamentals of the company. During accumulation, the weak hands transfer their shareholdings (due to Fear, Uncertainty and Doubt) to stronger hands. Prices would be going sideway (zig zag) during the accumulation process. Once in Phase D, the Spring (bullish) would take place.

The first thing that you need to ask yourself whether is there any negative fundamental changes in the company?

https://www.ram.com.my/pressrelease/?prviewid=5319

RAM Ratings reaffirms Telekosang Hydro’s AA3 Senior Sukuk rating and A2 Junior Bonds rating. AA3 and A2 is deemed good.

As comparison some Petronas Bond rating is BBB+ only.

Every investor has their own personal reason to sell even though for Growth Potential company. A good example would be Angel Investor. They invest during start up but then would then pare down or sell off their shareholdings midway although the company is still growing in financial value. Some need urgent cash to venture to other new business and some simply not in good terms with the BOD etc.

In short, substantial shareholders' (with no executive control of the company) sale of shares is not an indication there is no potential growth in the company. CEO, Managing Director and Controlling Shareholder would be a better indicator.

Overall Bursa Market is in sea of red caused by the EMCO announcement. Best time for bargain hunting now

The Sharks are waiting to snap up from those panic small retailers.

Weak Hands who have Fear, Uncertainty & Doubt are transferring to Strong Hands now. Part of accumulation process

Once Renewable Energy infrastructure is up and running, the direct overheads are comparatively very low as compared to conventional electricity plant fueled by coal. In addition, not exposed to any fluctuation risk on the cost of commodities. Moving forward, renewable energy demand will grow. Even TNB is moving towards that direction. Those are pioneer in this industry in Malaysia will reap the rewards

Ha Ha. Coincidentally, our user name very similar.

This is the Pokok Sena Solar Project. Awesome

https://www.youtube.com/watch?v=ZDAnYEv3wiQ

Different. Euro NTA is less than 10 sen but the price was as high as RM5. There was no long term constructive plan to revive its financial health unlike Ipmuda

Buffett always says that you should be fearful when others are greedy and be greedy when others are fearful,”

It is just Mentari Maksima/ Wong Ki Chin selling. He is one of the old major shareholder but with no controlling executive power in the company. Ipmuda now has new board of directors and senior management team mainly comprising experience engineers and chartered accountant to lead the Group. Wong Ki Chin's direction is not in line with long term plan of the Group which is Renewable energy and Healthcare. Merely Wong's avenue to exit

Kmwong totally agree with you. Time to accumulate. The total properties in hand excluding the Section 13 properties that would be sold, has carrying value of approximately RM57 million based on the 2020 annual report. If revalued, they would worth a lot more especially the commercial land at Bagan, Butterworth. Furthermore, the new Hydro and Solar investment would provide recurring secured revenue. Noted the estimated annual revenue from the Mini Hydro project in Sabah is 600 million