Short seller operator trying to collect at 69

Since majority of the clients are insurance and unit trust companies think he would be pressed to give up his stake to the current government friendly party 🎉

Maybe owners of myeg and Hi-Tech padu would be interested. After all they have a niche market share

This company is debt free with 30 million cash. At this price a new majority shareholder would be courted..

Resignation from all posts is the right move. So humiliating for the company

Company definitely for sale. Rexit can't survive with the reputation of the 2 convicts

If the shareholder is substantial holder shouldn't there be a declaration to bursa?

So cheap... which shareholder kena force sell?

How come the Announcement of the chairman resigning is missing ?

Is this company for sale again?

If they plan to pay 5 cents.. dividend yield would be 6.25!
As good as EPF

Opportunity to accumulate . Think It's manipulated. Let the
operator sell down

Exactly. Why is there selling at the this level and period?

Lucky 7s

77 seems a good price to enter

Plus they seems desperate to get rid at buyers price

It's cheaper now.

Only 1 seller.

Pick apples
Maybe one of the major shareholders kena force sell

Below take over price... should rebound?
Force selling?
Opportunity knocks

Today technical rebound only don't get your hopes up. Bear trap

Auditors ran away because they know company in trouble and they can't get paid.... 😂

Heard the next QR would be a loss...is it true?
That will explain the sinkhole reaction

It's a trap... likely to test 33 low again

Looks like bottom found

Technical rebound or finding it's bottom?
Take your pick

Institutions would start dumping mercilessly now that the outlook is so bad even the CEO cannot practice damage control
Don't catch a falling knife...

Third sinkhole found in bursa

.

If there is value the volume would drop

But nope

If the directors are confident of the future and sees it as undervalued they will take another bank facility and buy back.
But this highly look like dumping

Big Question ❓
Will there be more receivables impairment in the coming qrs

Who are the auditors? Trustable and honorable?

Lol now sinkhole appear in bursa
I am sure some shareholders already complain to SC

Looked like a major con job

Guess results not going to be bad
.. game is on

Obviously there is a syndicate involved if not the volume cannot be churned until such heights.
The profit must be overstated for IPO purpose if not a provision would be raised
.........

Actually the term receivables impairment means......are there hiding something for the IPO?

Let's face it...if the directors are not attempting to buy back at cheaper price it means worse is yet to come

Why still no results?

When the directors are trimming their holdings it's not a good sign and they are not buying back.....volume still high about 10 percent. A lot of people are selling.. ...

No wonder look at the eps

Seriously every day volume reached 10 percent of capital and dropping..... you can still wait for good news?

Likely a loss

Obviously director can announce intention to deal.. wait for the sharp plunge

Obviously QR is going to be bad...
The director is making no attempt to buy up again

Lock n load

Logically it had been sold down from 1.48...how many sellers after that round. Only desperate ones.

If no sellers definitely demand will go up
Unless operator sells which will create opportunities
.

It's amusing to see the operator trying to collect at 94.....? So many rounds how much sellers left?.

LOL

Reasonably cheap. Expected dividends of 5 cents that 5 to 6% yield that should cover your efp opportunity cost. Capital appreciation is a bonus

Nobody selling but the operator...seems pretty difficult for the operator to push down the price and collect

A crashing we will go

Looking at 83 to 85 range