I've owned significant amount of mycron shares. Feel uncomfortable looking at the sharp dip of share price. Made a call to mycron's office and talked to the key person. no rumours and fundamental has not changed, prospect remains positive given the China's continuous effort at cutting production and protected by MITI's safeguard. they'll start the sharebuy and keep them as treasury shares to support the price. I expect a strong rebound tomorrow.
Stock: [MYCRON]: MYCRON STEEL BHD
2016-11-30 21:01 | Report Abuse
I've owned significant amount of mycron shares. Feel uncomfortable looking at the sharp dip of share price. Made a call to mycron's office and talked to the key person. no rumours and fundamental has not changed, prospect remains positive given the China's continuous effort at cutting production and protected by MITI's safeguard. they'll start the sharebuy and keep them as treasury shares to support the price. I expect a strong rebound tomorrow.