Why sudden surge in price?

Come on SAPURANRG, go to 16c and stay above it for a few days to convince me its genuine move upwards.

This billion dollar news every few months but never move. I only believe got signifact chance for upward movement if an when it stays for a few days above 16c, the price from which it gapped down massively on March 2020.

I looked at pbb right before they announced the split, 8 dec. It was about 3.75. Then I looked at both maybank and hlbank on same day and compared with current price. Both actually are significantly lower than 8th Dec price. Pbb, in contrast, is significantly higher. Following these pattern for the 2 banks, I think pbb should be about 3.50 now. Just an observation. What do u think?

I looked at both maybank and hlbank on 8th Dec and compared with current price. Both actually are significantly lower than th Dec 8 price. Pbb, in contrast, is significantly higher. Following these pattern for the 2 banks, I think pbb should be about 3.50 now. Just an observation by a novice.

Before they announced the split pbb was going for about 3.75. Don't u think that, as such, current price is too high?

Wait for wc to expire worthless before mother move up?

Any idea why the drop?

OK I fond it. https://klse.i3investor.com/entitlement/0165/04-Jan-2021/21978_756257184.jsp

Can anyone refer me to the announcement by xox that they will give xox-wc and the date it will be given?

2 fundamental flaws in kyy argument

1 ban is for sime Darby palm oil, not Malaysia palm oil

2 one wrong doesn't negate another wrong. You cannot argue that one's accusation is unfair because the accuser himself is wrong in other matters.

To me, its simple though painful. Malaysia has to grow up and with it have higher standards of decency in treating its workers. That will mean less profit and unable to compete with other poorer countries (high school drop oout rates) that r willing to work in slave like conditions ( in modern standards). Only for Malaysia is to innovate using technology and create value added products and services. Its painful in the beginning especially for shareholders but its good for the country and the growing number of educated citizens.

I don't understand the need for this consolidation. If stock is less than 10 sen, then I agree because a 1 sen change is already 10% change, making it less conducive for determining stop loss.

Nothing unusual for this company to report that they got close to billion dollar contracts periodically. What is unusual is that it is a penny stock. The constant very high volume is very deceptive. I will only take this counter seriously when it reach 16 sen and stays above it for a number of days.

I thought hibernation started quiet few months back already - or was it comatose?

Just consider this volume as noise until price rises above gap down level of 16sen in March and stays above that level for a few days.

Why is a property counter going up like this? Any catalyst?

CEO jump ship? - dumping his shares?

This is the way they pump and dump, they pump and dump, they pump and dump. This is the way they pump and dump, early in the morning.

I just had to sing this nursery rhym.

Look at all the comments above - trademark pump and dump counter comments

When a company has an unusually high opportunity to earn super high income, I would like to hear from the company if they rewarded their lowest paid staff unusually higher than other normal companies. I have a problem understanding when these companies argue that the amount of wages being paid and facilities provided is standardised and within govt set standards while rewarding upper level staff and stock holders very well.

I hope to hear from these glove companies how they are rewarding lower paid workers unusually.

Why someone or more continuously selling very small (100-300) number of shares at 0.265 every minute or so?

I also see another pattern here - while this very frequent tiny amount buying is going on, periodically its is being bought in 10s of thousand shares for 0.27. Pelik?

Why someone or more continuously selling very small (100-300) number of shares at 0.265 every minute or so?

To move bornoil by 1/2 sen you need people to buy about 70 million shares. To move Nice by the same amount, you need people to buy close to 1 million shares. Go figure out which stock would move faster. I am not promoting stock ya, just comparing movement.

Batam, not in stocks that has multi billion billion units floating.

Common, go to 0.16 to close the gap and stay above it for few days - I want to go in after that. Until then I consider it as right hand play with left hand and vice versa.

BigCannonFairy168, not promote but counter suggesting for those who think bornoil taking forever to move. I also have bornoil and already profit and want to profit more. Now NICE is retracing - so figure out how and when to take advantage of it. Hope everyone here make money, and fast if possible.

Meanwhile, for excitement study and play NICE - much Fach faster

Yes in two years lol

The number of stocks floating is simply too large. Give it a year or two for it to move a few cents. Bornoil - tortoise, Nice - rabbit

Please use polite words in this forum. Tqvm.

Sapmrg has to overcome 1st major barrier at 0.125. Then it needs to close the gap at 0.16. Its curently still at 0.11 and many hopefuls here. Look at the chart of this stock for past few years to get idea of the barrier it faces. Further, whenever good news like billion dollar contracts watch if price goes up or down. I am most disappointed with this penny stock which was once a darling stock.

Worth buying wa for 2c to convert to mother by paying 23.5c? Mother hovering around 29c upward.?

Pls add me tqvm

I don't see this dumping in Pharma - perhaps EPF don't own Pharma.

Whatever news that are being discussed, EPF is dumping this stock like lou sai.

Malaysia need to grow up - be a developed nation, not dependant on almost slave like cheap labour and expect Malaysians of whom almost all have gone till form 5 level education to replace that kind of cheap labour. Need to focus on use of techs to do routine not so much thinking jobs. For heavy labour intensive jobs like in palm oil fields and glove manufacturing, tech must be developed to help worker to do more than 1 person job and pay them more than one person salary rather than enticing them with overtime. Necessity is the mother of invention and innovation - giving in to bringing cheap labour fro overseas will kill it.

Crazy indeed. Mother is 31c, warrant is 235 with ex price 22c. Shouldn't the warrant be only about 9 c? Warrant overpriced by 14.5 c and further, warrant is quite close in price to mother. Am I missing something?

wecant "The more they announce contracts, the more the share price will come down. How can its share go up when the company is managed and helmed by an over-paid CEO?"

I can't help wondering that majority shareholders r using these periodic super good news to dump their shares on unsuspecting retailers, meaning, this is a gonner counter and its just a matter of time that its closes down.

Any counter argument?

What is the implication of the following to retail investors?
'Directors authorised to issue and allot shares any time, at such price, upon such T&C for such purposes and to such persons at absolute discretion of directors limited to 20% of issued shares.' (I paraphrased the above from notice of AGM.

Paper plane, the 20th AGM to be held on 25 August 2020.

SAPURA close to bagging job in Qatar.. the edge 20th july 2020

Am I right in noticing that every time a massive contract (positive news) is announced it is fowwed by drop in stock price?

U mean such indirect news enough to trigger massive volume on a perpetually comatose counter like ptrans?

What happened? I thought already dead and buried. Mourning period also over.

No wonder the hoo ha - with damaging video like this
https://youtu.be/EsaeYwD4hSA

Notice of trading disruption
Trading on Bursa Malaysia Securities was halted at 3:30pm today caused by a technical issue. We are currently diagnosing the problem and will communicatie with all our participants while we determine the cause and impact.


Announcement Info
Date Announced 16 Jul 2020
Category Special Announcement
Reference Number ISA-16072020-00008

Notice of trading disruption
Trading on Bursa Malaysia Securities was halted at 3:30pm today caused by a technical issue. We are currently diagnosing the problem and will communicatie with all our participants while we determine the cause and impact.


Announcement Info
Date Announced 16 Jul 2020
Category Special Announcement
Reference Number ISA-16072020-00008

Halt 1 hour

Bursa just following rules https://www.theedgemarkets.com/article/sc-and-bursa-malaysia-temporarily-revise-market-circuit-breaker-rules-and-price-limits-klci

Trading halted for 1 hour as per rule https://www.theedgemarkets.com/article/sc-and-bursa-malaysia-temporarily-revise-market-circuit-breaker-rules-and-price-limits-klci

I would actually love to hear how the lowest level of staff are paid by super this profit making company. During the 1980's I used to hear from friend working in Shell in sarawak that their security guard earned more than rm 1000 per month. He used to take out the primary school teachers posted there who earned less than rm800 to dinner when they came to miri Town. I wish this company well if they treat their lowest level staff well.