looks like going south again

T + 2 for contra kaki on Monday chase 7 - 8 cents

today may close 5.5 cents

DNeX announces Abdul Rahman's resignation as chairman

https://www.msn.com/en-my/money/topstories/dnex-announces-abdul-rahman-s-resignation-as-chairman/ar-AA14XCVJ?ocid=msedgntp&cvid=871b657d273846e4870d51c1ede02039

see tomorrow morning opening going north / south

the volatility is 61%, 1 month range is 0.77 - 0.965, high possibility can get discounted price again

need some good news to turn around the trend, past few weeks all are negative news

limit up ?

reference to ASB trend, it only up for 5 min. and start waterfall dropping. Before announce 25 cents =》after announce 31 cents (last for 5 min） =》after 5 min. waterfall dropping for 3 days to 17 cents

ASB when announce news, shot up to 30 cents for seconds then all the way down to 10 cents+

if not mistaken, it is every unit of share you hold over ex-date, you entitle to get pay for 6.7 sen.
if you are holding 18000 units of share, you get pay for 18000 x 0.067 = RM 1206

finally today goreng from 50 cents and close at 55 cents (10%)

the announcement 6pm today ?

watching ini macam punya "goreng" from 5 cents to 6 cents very sleepy

ASB goreng to 30 cents when announce, MQ only 6 cents ???

MYEG highly rely on government business and is sole source, open tender news may reverse the trend or MYEG will be an exception without open tender?

it rebound from 0.455 => 0.505 => 0.64, seems like gradually closing gap back to 0.455

Tue closed 0.595, lowest 0.575
Wed closed 0.58, lowest 0.57
Thur closed 0.56, lowest 0.55
Fri closed ??

that make sense, volume is so high and yet price no movement, seems 5 cents is the agreed price for the 3 major shareholders to transact only, 2 persons dispose total 149 mil via open market and 1 person acquired 100 mil via open market, retailers follow rumors absorb 49 mil units

seems like this week's high volume was due to 2 major shareholders disposed their share at 74.5 mil units x 2 and 1 new major shareholder acquired 100 mil units => net was disposing 49 mil units to retailers

wait until durian drop also no show and no movement zzzzzz

what if DPM is not AZH ? what will happen ?

high volume but price not moving

despite DPM, the profitability of the company + the TSIST investment plan, 5 cents and below is a value buy

new low 63 cents, waiting for 0.3x

year to date net profit 12.9mil, YOY 9 mths profits increase 109%

the only good news for now is director stop selling after election, last selling price 0.695 before election

good QR, posted nice profit

slow and stable uptrend, each day up half cent

target 80 cents

net asset per share only RM 0.32 but traded more than double at RM 0.665

it looks like accumulating or disposing stocks ?

huge lose, no wonder director keep selling

engine started

expected, profit taking, wait for 0.7x to buy back

on the way back to 0.5

next 3 resistance : 0.665 => 0.695 => 0.735

yesterday's resistance 0.62 became today's support, it had been up from 0.455 to 0.62, more than 36% after election

Good closing today, it needs to break through current resistance 0.895 in order to reach the next high, else will fall back to 0.7x due to profit taking

once shorties done their buy back, will be ready to fly, they need to buy back 25550 lots, need some time

so far continue short RM 1.6 mil, average price 0.63

wait for shorties, they need to breakeven at 0.63, profit 0.625 & below

by the way, where are those keep shouting limit down

now everyone fight for wafer supply, last week strategically press down to 0.455 for big guys to sabu

so far shorties short RM 1.55 mil, average price 0.63, price continue up

sooner and later back to 70 cents - 90 cents range

shorties average price 0.62, they need to at least press down to 0.62 and below to breakeven, short RM 844k so far

director keep selling and retailers keep buying

shorties lack power ...