Are you drunk lol, jinova? Today's Friday.

Who do you mean, KingDavid?

0.295 is broken. Now, we are facing the 0.3 wall.

I think it's mostly true. They just waiting for people to take the steps up, since they want to have cheaper prices. 0.5 cents hike for lots of shares is still a huge cost.

Btw, it seems like very little people know about the negotiations between SMTRACK and GLC. A lot of people still stuck at the news for Tan Sri Lee Kim Yew.

Lol, new resistance of 0.29..

In the tech sector, PE of 5.41x is actually very low.

Yes, because everyone wants to have the cheaper bargain at 0.285. Nobody wanted to absorb the 0.29 unlike larger organizations.

Lol, stuck at the tug of war between 0.285 and 0.29 again..

I think SMTRACK can reach quite high as 0.4 - 0.5 but to reach 1.0 is a joke lol

Well, let's hope for a steady climb

jenson68, dun say anytime, later one year later only break then very sad. Should have say "soon" instead haha

Galaxy Nova, don't tell me you are still here?

Welp, now awkward tug of war between 0.285 and 0.29. 3 times buying volume queue at 0.285 also not dare to break the 0.29 wall.

Medium crowd = Good, Too Large Crowd = Not Good. Later suspected growth again, the share price will plummet.

So, I believe the pressure on completing a good negotiation with the GLC becomes a must for the company.

Yes, let's wait for it. Nobody will trust this company anymore, if they fail the negotiations with the GLC just like nobody trusts SerbaDK

Haha, agree. I guess it's more of a power move by SMTRACK. With this news, the share price growth will be more sustainable, then they can tell the GLC: We are a good growth stock.

Zrenxy, what a nice song.

Although local workers have higher wages or salary, this action helps to increase the ESG score of the company as it shows Topglov's efforts in supporting the local community.

You can't sue them since the original document stated "Expected Release Date".

Ya, I am very new to the market. That's why I try to learn both FA and TA.

Since I am a new guy, I heard from my friend that SerbaDK is a very honest and prospectively positive company. Although I didn't read news or fact check his words, I truly believe him as he is my friend. I hope it can come back so I can invest. /joking

Price to book ratio is already in line with market average. Price below this will be considered undervalued.

However, what bothers me is why wouldn't SMTRACK releases the name of the GLC?

Palmgirl, it's already in the news that negotiations is ongoing. So, it is confirm that no agreement is made. Maybe, you can run back to Pasukhas?

Like what I just said, it is mostly true that the discussion is true while the rumors about the Datuk Seri is mostly false. This is because the writing in the newspaper is straightforward for GLC while the writing for the Datuk Seri is very very cautious.

Finally, SMTRACK came out to clarify. Ya, agree with you, dec_12. At least, it is not a fake news. My pessimistic TP will just be 0.3.

Usually, TA traders won't look at companies like TEKSENG, only FA traders lurking around here. This is quite sad.

According to Simply Wallstreet, the fair intrinsic value of Tek Seng share lies at 0.66. So, it's 36.1% undervalued. It is also considered undervalued with a PE ratio of 6.9 and PB ratio of 0.7, while the chemical market average PE and PB are 16.1 and 1.3. Good luck with your trading.

Let's all buy SERBADK when it comes back. Yeap, when it can come back.

Students are going back to Uni and have to pay fees. So.. is it potentially good?

Mohon ampun, ya. Siapalah Derick?

Dude, that's freaking expensive lol. The government wants to eat money again.

Benny, just calm down, lol. Return to your previous self where you give unbiased and good analysis.

Based on previous patterns, it will likely to be pushed up from 0.6 to 0.65 again. It's an endless cycle for now.

Lol, I think pessimistic share price (maximum) for the GLC purchase will be 0.3

damn i wish i can join u guys, but need to wait for angpau first ya

Still got a long way to go, be optimistic but never too optimistic

20 million buy queue at 0.26. is someone trying to make a strong support?

Well, we won't know, but SMTRACK will be good in medium term based on the RFID program by government. They wanted to roll out RFID at every toll by early 2022.

When was the news came out?

Galaxy, just move on like aubameyang. He's going for the moon with Sen Heng IPO

okay, glad you can move on.

I guess operator just want to flush people out to buy cheaper shares.

Oh, btw. How much is the worth of 10% SMTRACK public share?

Well, 0.265 right now. If it reaches 0.27, that means the GLC purchase scheme is likely to be true.

I guess it's MOST LIKELY, not completely to be true, since it was spread by large news media such as the News Straits Time [Owned by Media Prima] and Astro Awani with straightforward statements: “..GLC is eyeing..”.

In both of their news, a meeting was already held between respective representatives and interest was already expressed by the GLC in the form of a written letter to SMTRACK. Usually, immediate announcements will be made by the GLC to deflect such statements when it is largely fake, since it involves the government.

For the speculation of another Tan Sri, I think it's more likely to be false, since the writers engineered their words very carefully: “Rumours in the market ...”.

Btw, Andy Hall will be having a talk later on his FB. He will definitely say something about ATA IMS.

Finally moving lol, someone's eating up 260