If the USA really impose serious sanctions on IRAN for one or two years , the world oil price has to go up and more contracts have to be awarded , then they can't control the price but have to let it goes up .

@newbie 8080 , that means if he were to buy back at this price , he could have made few hundred millions ?

During the years 1993 - 1996 , the were more than 2 millions active cds accounts , right now there may be less than 300,000 active cds accounts and a lot of them are sharks' nominees accounts . There are more than 1500 counters listed on BURSA . If only 3000 active cds accounts carry out trading of shares in one counter per day , this means only 2 cds accounts carry out trading in a single counter per day . The sharks can easily control the movement of the share's price . During 1993 - 1996 , if one million cds accounts carry out trading in shares of 1000 shares only per account , the total market shares traded have reached 1 billion shares . It is difficult for the sharks to control the movement of the share's price .
The average daily volume traded for HONG KONG IS around 50 billions HK DOLLARS . For Taiwan around 100 billions ( NTD) , for Total china market is more than 400 billions ( RMB) on average per day , in year 2015 , the total value traded for CHINA is more than a trillion RMB a day .

If they want to push up or press down 10 - 20 sen , they can do that anytime but they are only work toward their benefits . We don't have to panic for the few sen every day .

The main purpose for the sharks in trading of shares is to make money . For the major shareholders , they can enjoy the status , enjoy high remuneration ( even for their family members ) , receive dividend income , gains on disposal of shares etc .
The sharks acquire or accumulate shares , their ultimate purpose is to dispose the shares for maximum gains they can get . At the end they have to push up the shares price for redistribution . If the company is going to close shop , the sharks definitely Will try to distribute their shares as fast as possible . If the company's future prospects is good , then they will push down the price along the way to collect more shares in order to make more gains . Anyhow , the sharks are linked to major shareholders .

@ JJchan , thank you for your sharing of information .

The sharks need more times to do the pump and dump , press down and push up . The TAIWANESE market players call this
" WASHING THE SHARES " . Almost all the counters are " Goreng " in the same way . Even some good counters like QL , TOPGLOV HENGYUAN etc are the same . The shares prices will be hovering at a range , then break out and go to higher level , then hovering at higher range , then break out and go to higher level with shorter times until the shares price reach their target price . Then the shares price hovering at the high range for them to distribute . Then sharp fall , if retail buyers didn't buy buy , then sharp rebound will happen . Then slowly distribute the shares again until they have distributed most of the shares the have .

For Velesto , AMANAHRAYA TRUSTEES BHD owned 3,283,166,602 ( 39.963% ) shares as at 4 July 2018 . As at 22 June 2018 , LEMBAGA TABUNG HAJI owned 412,247,380 ( 4.994 % ) . Compare with SAPNRG , VELESTO is currently more tight controlled . That is why Velesto has not been actively traded for the past few months compared with SAPNRG .

The % of paid up shares owned by the Top 30 largest shareholders for years 2014 - 2018 are as below : -

As at 30 April 2014. = 69.68 %
As at 30 April 2015. = 71.61 %
As at 29 April 2016. = 73.62 %
As at 28 April 2017. = 67.46 %
As at 30 April 2018. = 56.19 %

The % of paid up shares owned by the 3 - 5 substantial shareholders for the years 2014 - 2018 are as below :-

As at 30 April 2014. = 46.54 %
As at 30 April 2015. = 47.57 %
As at 29 April 2016. = 41.03 %
As at 28 April 2017. = 56.15 %
As at 30 April 2018. = 26.00 %

From the abovementioned % of shareholdings ,
we can see that between 28 April 2017 -
30 April 2018 , the Top 30 largest shareholders have disposed total of 11.27 % of the company's paid up shares capital , and the few substantial shareholders have reduced the number of shares owned by them by
30 .15 % of the company's paid up shares capital .

Most of these shares have been distributed to the retail buyers between April 2017 - April 2018 . They will take times to accumulate back the shares , that is why the shares price has been traded between a narrow range . Anyhow , if the world oil price can be sustained around. USD 70 - 80 or even higher for the next one or two years with more contracts to be awarded , the oil and gas companies would be benefited . If USA really impose serious sanctions on IRAN , the world price will shoot up . The main problem for this company is the huge debts .

For those counters with very good news announced especially like acquisition by other company with offer price doubled or tripled the market price , normally you can't see many sellers queuing in the market , the sharks and their agents won't sell to the retail buyers and they also wanted to grab as much as the can . Normally all these counters shares had been accumulated by them .

If you look at the buyers and sellers queue in the market for this counter and many other active counters , some 30000 over lots of buyers and 30000 over lots , some counters even have more than few hundred thousand lots of buyers and few hundred thousand of sellers , but only less than 5000 lots done . Some counters quiet for few years or only few lots done per day , suddenly next day more than 100,000 lots done or even more , and the next few days only few hundred or few thousand lots done , seem funny ??? Sometimes with very good news announced , we can accept the reason that many buyers want to chase to buy that counter , but why suddenly also so many sellers wanted.to sell ?? The only logical reason I can think of is most of the sellers are also from the sharks or their agents for trading .

Between 2008 - 2009 , when US market ( DJI) crashed from around 13000 pts to around 6800 pts , KLCI dropped from around 1200 pts to below 700 pts . From what had happened in the past of BURSA MALAYSIA , based on the past few major events happened in year 1997 - 1998 , 2000 - 2001 , 2008 - 2009 and 2015 , we can roughly guess if major problems occurred , the first crash May reach 1500 ,follow by 1300 if world market crashes . If all the foreign funds pull out from HONG KONG and Asean countries then KLCI may drop below 1000 pts , but would this happen ?

KLCI dropped to the lowest of 262 sometimes in the year 1998 and then rebounded to around 1000 pts in year 2000 . Later 911 event , it dropped to below 500 pts . In March 2009 , KLCI was around 1300 pts . The components stocks of the KLCI has changed many times . In August 2015 , due to the market crash in China and some major problems occurred in Malaysia , the KLCI dropped from around 1800 to around 1500 .

Recently there are some small capital and thin volume companies , the shares prices have been pushed up for few hundred percent like HO HUP-WA , GBGAQRS-WA , Menang -WB and others .

Since 29 June 2017 and after announcement of contracts worth
RM 920 millions cancelled by China company. , until now there has no any announcement made by the company . The sharks are quietly accumulating the shares and waiting to push up the shares and warrants and distribute to the retail buyers warrants at high price before expired next year .

Trading of shares between buyers and sellers is a zero sum game . Example : 5 buyers bought 50000 shares @ RM 1.0 and sold to subsequent buyers @ 1.10 and made 10 sen per share or total of RM 5000 . The previous sellers made less gains by 5000 or suffered total loss of RM 5000 depend on their cost of purchase . Do you think the sharks Will sell their shares @ 0.60 and buy back @ 0.70 or sell @ 0.50 and buy back @ 0.60 daily and keep on repeating daily like that and let the retail buyers take all their money ?? .

If your observation is sharp and your memory is good , for a big share capital and high daily volume company like Sapnrg ,Armada , Velesto Knm , UEMS etc , after sharp drop and huge distributions to retail buyers , It need to take longer time to go back to higher level , Most of the time it will be trading between a small range until the sharks collected back their shares and the time is due for rebound .

When Velesto ( formerly known as UMWOG ) declared its quarterly results ended 31Dec2017 on 27 Feb 2018 , a huge loss of 1 billion , its shares price maintained and was trading around 0.31- 0.32 , a drop of 0.5 - 1 sen . Beginning of April 2018 , nothing was announced , the share price suddenly dropped from 0.32 to 0.21 , so funny ?? The main reason I guess is retail buyers bought a lot of shares , so the sharks pressed down and collected back and made a gain of 8 - 10 sen per share .

VELESTO ( formerly known as UMWOG ) reported 1st Quarter 2018 ( 31March 2018) results of 5 millions profits and revenue of 121 millions .

Shares buy back means a listed company buy back its shares from the market and subject to a maximum of 10% of its paid up capital , must be approved first .
Insider trading means buying or selling of securities based upon access to confidential or privileged information which has material impact and which is not available or not known to the general public .
The directors of a listed company have to declare their intentions to deal with the securities of their listed company .

Most of the time , the shares price of a listed company is trading between a range at lower prices ( for sharks to accumulate ) then slowly break out and the price goes up to another level . If a lot of retail buyers chase to buy ( especially contra ) , then they will press down the price . When the shares have been pushed up a lot , then they will distribute to the retail buyers and make the gains .

For a genuine retail investor , theoretically if he invests in shares of a listed company for long term , he can obtain gains through :- 1) receive dividend paid by the listed company or 2) gains on appreciation of the net worth of the listed company ( means the company makes profits throughout the years and also increase in value of the assets owned by the company , and the company distribute the worth by way of capital repayments ) .
If a retail buyer buys shares in BURSA MALAYSIA and sells the shares subsequently to another buyer or buyers at higher price ( either through contra or pick up and sell later ) , he makes capital gains from the market / subsequent buyers . There is nothing to do with the listed company . Theoretically , it is a zero sum game between the buyers and the sellers .

In other words , any gain or loss arising from the buying and selling of shares in the market is business between buyers and sellers only . Almost all the listed companies have their own sharks or agents will take care of the daily transactions and try to make gains from the daily trading . It is only the size of the sharks and the other agents acting on their instructions . The agents for this company are mainly in TA , HWANGS , CIMB , KENAGA and RHB .

Most of the buyers and sellers are from the same group of people . They will square off their positions at the end of the day . They will calculate whether they are in net buy or net sell positions during the trading of the day . If they are in net sell positions ( sold a lot of shares to retail buyers ) , the next few days the retail buyers will be having problems .

Some writers can't even understand the meaning of if , unless , subject to .

At present and for the next few months , subject to world crude oil price crash below to USD 35 within one or two months , we are unlikely to see the company's shares price drop below 40 sen again
unless retail buyers suddenly buy more than 100 millions shares within few weeks then the sharks Will push down to 40 sen again .

Congratulations to those who made few rounds profits within 3 months from 15 March 2018 - 12 June 2018 . For those who bought @ 0.40 (15 March ) and sold @ 0.795 ( 17 April ) made almost 100 % returns , and bought again on 2 May @ 0.62 and sold @ 0.9 on 14 May , made 50 % returns . 3rd round bought @ 0.535 on 1 June and sold on 12 June @ 0.69 , made 26 % returns . For those who bought @ 0.395 - 0.41 on 15 March 2018 and still holding the shares may be can make 300 % within a year or may suffer a loss of 25 % ??? . Besides the fundamental and the financial positions of this company , we may be curious why some analysts were in hurry to make 3 sell recommendations in a month ( 9 March 2018 - 29 March 2018 ) when there were no major announcement made by the company itself , but have not made any recommendation since April 2018 even though the company made many announcements especially in relation to winning of contracts . For short term ( from intraday to one or two months ) , good or bad news may not affect the fluctuations of the shares price , it is the intentions or plans controlled by the sharks ( except some cases like acquisition which is due for announcement , and the acquisition price is much higher than the market price ) . From what we observed in BURSA MALAYSIA history , If a listed company is going to close shop due to financial problems , the company's shares would be traded actively everyday for few months without sharp rebound to prevent retail buyers from getting out from the trap . Some companies may announce some fake news like found white knight in order for them to distribute their shares to the retail buyers .

If all retail buyers in this forum sell all their SAPNRG shares to the sharks @ 0.72 now , tomorrow the price can hit 1.00 .

Every counter has its own shark to control , is only the size of the sharks whether is small , medium , big or.big , big sharks .

Nowadays , it is very difficult for retail buyers to play contra , not like the years 1993 -1996 , and 1999 - 2000 , because 80 - 90 % of genuine retail buyers were knocked out

For those who had bought @ 0.47 on 9 March 2018 and prepared to take a journey with the sharks for two years , can enjoy a minimum of 40 % returns within a month . The worst and the lowest of 0.395 were over . No need to prepare for cut loss at 0.30 within two years . The biggest weakness of a retail buyers is they can not overcome their own weaknesses . I.e can not face with even a calculated risk or a minimum loss . With so many good news come out , the worst case is we may suffer a loss of 30 sen
( 0.70 - 0.40 ) for the next two years . If the crude oil price can maintain at the range between USD 55 - 80 for the next one to two years , the return could be doubled or even much higher . As Mr KYY always says , we must know the future prospects of the company for the next two to three years . Those analysts who said target price at 40 sen because they are wearing rooolex watch and using monblantt pen , just to influence the thinking of retail buyers . Same case when WASEONG was traded around 0.70 , the writer said target price below 0.50 and FGV around 1.40 , they said target price 1.29 . Same for many other cases . They just want to prevent retail buyers from buying !!!

GLBHD ( TANAMAS ) doubled the price.from 1.0 to 2.00 in May -July 2015 .LBS shot up from 0.88 - 2.00 from April year.2013 . Dutalnd 75 - 90 sen good enough .

Pls don't use the 30 or 40 years outdated direct sales method . Don't you know WARREN BUFFET number one powerful weapon is WAIT ! WAIT ! and WAIT only .

Sharks's kaki , please tell the public at which date DUTALND shares price hit 14 sen over the last twenty years ??? If the sharks can push down the price to 14 sen to collect 200 millions shares , they could have done much earlier .

I have read some articles about some interviews between journalists and funds managers some years ago , most of.them had a view that there were lack of liquidity in the BURSA Malaysia . Now it looks like SAPNRG has the liquidity . Anyhow , if a big fund ( not a gang of this group of sharks ) suddenly grab 20 or 30 millions shares of this counter , I think the volume Will be reduced substantially for few days . As I said , luckily it is listed in BURSA MALAYSIA , or else it could have been taken over by China man if consence is given .

For this counter at 0.47 , the maximum you can lose is 0.47 per share if you are not playing contra . You can easily cut loss at anytime at 30 sen if you can take it or you can enjoy the journey with the sharks for two years or may take profit at anytime within two years if you wish .

Warrant BUFFET says the first.factor to consider in shares investment is can not lose money , the second is remember the first factor . Anyhow he Can hardly buy at the lowest . He is either average up or average down or buy when there is a panic selling without any fundamental change or When there is a 50 % discount with fundamental remained unchanged .

For the case of granite ( or tebrau , or iwcity now ) , granite traded around 0.30 in 1999 , and it shoot up to 2.50 in the same year . In 2006 , around 0.30 , shoot up to 2.50 again in 2007 and 0.80 in 2016 , shoot up to more than 3.0 in 2017 . Some penny stocks below 20 sen or 10 sen which have bad balance sheet and not even ten millions or 5 millions turn over a year , or very likely become PN 17 are very , very unlikely to be goreng up to 1.00 or what have happened in 1993 - 1997 , unless the sharks are.GILA and with intentions to be caught by SC. But SAPNRG is different from those penny stocks . Unless govt wish to discard it with everyone paying the price .

A lot of retail buyers were trapped at high price in many counters , for example MPI at RM10 more than 15 years ago , and it dropped below.3.0 , now around 8.80 , Renong , uemland , HENGYUAN , petronm any many , many other similar cases . Retail buyers who can afford the risks of 10 sen or 15 sen for a enjoyable journey should seriously consider . Those who want to cut loss should have done that at 3.0 or 4.0 , and like HUAAN , should have cut loss at 0.60 , 0.50 many years ago and not at 4 sen , 5 sen few months or a year ago .

For a small and affordable loss at this level , with chance of winning a mini jackpot or may be bigger , why not consider whether to join the journey for a one or two.years journey ride with the sharks ???

For those who bought 50 sen and below , you can enjoy a journey of one or two years before it collapsed and can easily cut lost at 30 sen and get out of the journey .

In the last twenty years history of BURSA Malaysia , we can't hardly name a leader company in a particular industry become PN 17 or delisted in just a short period. If this happen , we should be much happier than the big funds and sharks . For those who bought at 50sen and below should clap their hands because you may lose 50 k , or few hundred k but the big funds and sharks could have lost multi billions .

Even if a PN 17 counter like THHEAVY , the shares price rebounded from 0.06 to 0.26 within few weeks about 2 years ago .

Those comments from writers with a J , E , M , S..11 , K may have some links with them .

The sharks Macai with many accounts in different broking firms , especially HDBS , TA , KENAGA , CIMB , RHB and few foreign broking firms can just press down the price easily .

For those genuine forum users , they can make a recall to all the comments made earlier or much , much earlier when SAPNRG was trading above 2 , 3 or even 4 , they can find out those people who keep on asking others to cut loss at this level had never made such same comments before .

The sharks and the insiders have known the quarterly results on 31 Jan 2018 or may be few days before 31 Jan 2018 . The company's accounts should be computerized much more earlier . Don't tell the public if the company's accounts still be kept manually . If The sharks want to push up the price is very easy even without any good news . You can refer to 5 Jan 2018 - 9 Jan 2018 , the shares price shoot up form 0.70 - 1.05 within 3 - 4 days , more than 50 % . It is not so difficult . All controlled . Can refer Many counters shares price in August 2015 - Nov 2015 and also 30 November 2016 - 15 Dec 2016 .

Luckily .

Likely this counter listed in BURSA Malaysia , If listed else where , the China man can easily take over it .

The sharks can not collect the maximum shares the wanted , that is why they are delaying the pushing up of the shares price . If all retail buyers are still holding 50 millions shares , if the sharks push up 40 sen , they have to pay up additional 20 millions . For the case of FACBIND ,and TEXCHAM , the sharks pushed up almost double within few weeks . For LBS and TANAMAS ( GOLDEN LAND BHD ) , the sharks took more than 6 months to double the price because a lot of retail buyers were holding the shares .

For the UMWOG case , its shares price dropped to 0.28 , rebounded to 0.48 within a month in Jan 2018 , more than 60 % gain . Declared huge quarter losses , shares price maintained 0.30 - 0.32 . All shares movement are controlled by the sharks . Sometimes overpriced , sometimes deep undervalued . If a lot retail buyers buy the shares , they will press down the price . If All retail buyers sell the shares to the sharks , they will just push up the price . For some counters , the sharks have cornered the shares , the can push up easily .