CIMB wants it to go below 3.5, can they?

exactly... this is the same thing I've seen in yinson... it will drop drop drop and sudden drop then before closing it will go up. But on certain days, it won't. Many will buy during the drop thinking they can sell higher before closing but it did not on certain days, then later for days it will drop even more.

weird.

Whatever it is, they are pushing the price down, until when nobody knows.

What movie is this? The Expendables 'Malaysian' edition or Jurassic Park 'Gathering of the Dinosaurs'?

Or is it Gozilla? Let them fight

I said I dont think it will drop 50%.

Based on past Rights Issue, prior to 3 months to RI, the stock price will rise. Assuming that they will official win the Brazil FPSO in September, this means RI is probably in October or maybe November. Thus 3 months from that RI, stock price will rise. Now is probbaly a good time to go in. Looking back at past RI, price did drop after they announce RI but it did not go lower than the lowest price 3 months before RI. And price goes back up right after the RI.

Nothing to lose if you buy now.

I dont think MFCB will drop 50%...very highly unlikely. so, if you are long, just buy and hold. my strategy is different.

@ckchung I dont know what is the best price. You have to make your own decision.

I've seen this last minute spike up many times in yinson. This is a sign of distribution. you can look back at yinson closing for for past few weeks. This distribution will go on until whomever finish selling, but this doesn't mean it will go down, it all depends on market force.

For long term, anytime is a good time to buy. Ignore the short term noise. I have my own reason to wait, but doesnt mean I am right. Do what you think is comfortable.

@RJ87

Exactly. TA is not 100% reliable. I have my TP price. It is still in consolidation mode. I can wait. and if I miss it, it is also ok. plenty of fish out there.

@RJ87

Not denying what you said. But do go look at MACD 12 26 and set the time to Month instead of Day. What do you see? I see a few more months of either sideways or down-trending, but it wont collapse because MFCB already proven they have a viable business that is sustainable. Long term, can go in now and hold for many years, short term, I think still got room to go down a little bit more.

@NoviceFish

people was saying the same about glove and tech many years ago.

this is getting from bad to worse.
maybe retailers buy since last week hoping that the appointment good news will cause a sudden spike in share price.
i think tomorrow lao sai liao.
that 10 million karim bought..... i dont know lah, seems like he is throwing fake hope.

good luck boyz.

Got money to run projects or not? I can also accept to build the world tallest building, question is, got money or not?

"Soon the young dentist felt in love with my brother. When Stella knew about it, she left and went back to Singapore with her 2 sons."

You're telling the full story here. The young assistant dentist fell in love with your brother and his wife left him? There got to be more than that. I dont want to speculate but I will ask question. Got F or not? Got out of wedlock child or not? There must be something major that triggers the wife to run away, if so, your bro got no one to blame but himself.

@nickinvests

Economic activities. Lockdown...

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/05/31/laos-electricity-and-water-tariffs-bills-reduced-for-all-households

@sharvin5

We import more oil than we produce.
We produce more gas.

66.5% of MFCB profits come from Laos.
Only 10% of their population fully vaccinated.

http://www.xinhuanet.com/english/2021-07/22/c_1310076847.htm

BION, a subsidiary owned by Serba Dinamik, listed in UK market, failed to submit their audit report....

https://www.marketwatch.com/story/bion-shares-fall-on-delayed-audit-of-2020-results-271624865951

BION, a subsidiary owned by Serba Dinamik, listed in UK market, failed to submit their audit report....

https://www.marketwatch.com/story/bion-shares-fall-on-delayed-audit-of-2020-results-271624865951

@Plug

Who do you think Karim is? Jeff Bezos? Bill Gates. Karim dont have so much money. Even Jeff and Bill cannot buy up most of Amazon or Microsoft. They are founders, very hard for their wealth to exceed the market cap of their companies.

who in the world are buying whatever Mak and his gang are throwing? can someone please tell me.... who is doing the buying? people averaging down?

If it is people averaging down, then that FB group is also run by the same syndicate.

@UlarSawa

Every country that has a large number of their population vaccinated will not count the numbers of infected, they will move to the 'endemic' phase, meaning they will look at hospitalization and death, not number of infected.

You're still stuck in 2020. Like your TG price, still in 2020.

We're moving to the endemic phase... the data to look at is death and hospitalization. As shown in the chart, more and are infected but hospitalization remains low and the cases are not severe and death rate is low too.

Please dont count the numbers of infected, this is 2021, going to 2022 now. Please leave 2020.

this doesn't look like margin call. Seems like he plans to quit, but have to clear all before he quits.

sell if you feels uncomfortable holding onto yinson

at the rate he is selling, he'll probably resign when he is done selling?

Who wants more death? More stronger virus? More people suffering? More economic close down?

Who?

Glove holders.

wow... you are a karim/kpower convert now. when you gonna change religion?

I am willing to bet this coming QR it will not be good, wont be bad either. Why? Have you noticed the beautiful QR by Serba and SCIB was broken after the KPMG auditing issue?

KPower will right the wrong.

https://www.theedgemarkets.com/article/johan-holdings-gains-rm21085-mil-diners-club-sale

No Private placement, no rights issue. Their debt level is moderate. Gradual opening up in mid or end of July.

Low cash balance not a big deal. With pre-existing debt facilities yet to be drawn down from, as well as numerous debt offers from banks, the group believes that it will not run into significant issues with its current cash holdings.

Source: AmInvest Research - 29 Jun 2021

Can someone explain to me why they carry out PP? Their debt is close to zero, their cash flow is positive, the edge reports that they are looking to expanding their business, but this doesnt make any sense, can always borrow money to acquire a business…. Why?

Then you have to compare the number of outlets. 300 vs 1, the other 4 opened days before the lockdown.

Everything is a hype, people buy based on future potential, not what is hot now.

At the rate things are going, might as well put out bad news and make bad decision to push down the price and then privatise it.

10 cents incoming....

How bad is the qr? Worse than last qr? Lose more money? Need to do PP or not?

SC should step in a tell Serba to appoint an independent reviewer or else enter PN17...

@alenac

Yes, that is their goal, they want kpmg to quit and then blame them for failure to complete their job. Got so many months to get independent auditor but they drag their feet. Serba got things to hide.

If their goal is to sue and drag this until SC suspend them because fail to produce qr and annual report, then they will succeed. SD is trying to push this to everyone instead of getting an independent auditor to solve this problem.

Who dare to be their independent auditor? Maybe that is the goal of suing, to buy time. Now more reason for KPMG to not sign. And if cannot find auditor by october, how? Maybe can find real shoplot auditor...

All glove counter been dropping since september 2020, that time no rss, so, stop blaming rss. Nothing to do with rss.

Hyflux is into desalination... just because it involves water, it has nothing to do with water meter. Walao eh, wanna shoot also shoot properly lah.

Like this, you also can say pchem report fake earnings because serba also do the same...

Oh, pchem there also quite boring, when you going there to party? See you there.

Hello Calvin, glad to see you here, when you going over to QL? QL there boring lah, so quiet... got spider web growing there liao.

Calvin just wants to see all of philips holding drop, from gkent to serba to yinson. He just attacj whatever philips is holding.

What is wrong with you calvin? Take a chill pill, go find peace and god and love in Buddhism, because it is obvious Christianity makes you a hateful person. Maybe try Islam too, who knows. Calvin is lost, he needs guidance from Buddha or Muhammad.

Jesus is disappointed with you Calvin. I heard Hinduism can heal the dark and bitter hatred in you. God loves you, dont be hateful like Satan, come back to God you sweat innocent child.

P.s. Buy Yinson shares now.

2:30 Tsunami coming...

rr88 thinks we are all babies.

Good opportunity to cut loss now.... will only go lower and lower

Calvin going to prison soon eat free curry

That leaked slides.... some slides with black bar can be removed, while some cannot because they are jpeg... as if it was leaked on purpose. The local supplier list cannot see, but the 12 one which includes petronas we can see... like leaked on purpose one...

Plantation, my limited experience says the reason why most plantations are not making huge profit when palm oil price rallied are because of various factor.

Labour shortage problem, which causes low harvest. Lower fruits produced due to PH policy of cutting cost when they came into power, Guan Eng stop subsidising ferterlizer and with the collapse of palm oil price back then, many farmers and companies cut down on ferterlizer too, thus explains todays low yield. Then the wind fall tax plays another part in it, the higher palm oil price is, the more profit you make, the more tax you pay, in the end, you cant earn much.

Waterfall..... run. RM0 incoming... run

Who are Serba official banker? Hopefully not ambank, they cannot afford another hit