Many ppl underestimating the business of logistics & transportation. It is the lifeblood of any business. SinKung is not a small company. Only those familiar in the logistics business will know the strength of SinKung. I wasn't succcessful in the IPO, but still got a chunk (small chunk lah, I'm not Vincent Tan maa!) in-market. Planning to observe for 1 qtr first. I have faith it will go higher than TA's TP of .165.

but any idea why sudden drop like this?

high volume today. any news?

Data never lies. Cup & Handle already form on the chart. Let's see if Monday can terbang or not.

If you want to rant like a customer or the general public, please go to FB. This is a forum for investors.

So much of unnecessary noise here. As investors, we only look at the bottom line. Customer complaints are an operational issue. Why would an investor want to get involved in that?

Whatever we comment here, we need to remember many commentators here have their own agenda. Not necessarily everything you read here is the truth. This forum is mostly to see any hot topics being discussed & to vent only. Do your own research, talk to your remisiers to get a more accurate & clearer picture, before making any decisions.

Most ppl panic sell bcoz of poor or no self research. MyJPJ app is only to DISPLAY the road tax & license, not to BUY. To buy or renew the road tax & license requires connection to a payment gateway. Which is what MYEG has. So you still need MYEG to renew your road tax & license, & the MyJPJ app to show it to the police.

Conclusion: MYEG is not going anywhere. Shortseller sharks just took advantage of ppl's panic to buy shares at low prices. Hold on to your shares, & the shortsellers will not have shares to buy, then see what happens.

just short sellers or sore lovers. long term business for MYEG is strong. Already moving away from Malaysia.

for long term investors. this drop is good news. Time to collect. those happy with MYEG dripping are

@BobAxelrod33 you own any SerbaDK?

Use a little common sense lah. Even if true, Immigration business is only going to be affected in 2025. What is the share of immigration business to MYEG's revenue? Today is just panic selling on news, with some sharks taking massive advantage of people's foolishness & emotion. Smart investors remain calm because they know things will change.

1 hr suspend only.

But how would this incident cause "PH to end up losing GE15"?

what happened today?

look at their track record. this is not a counter for short term. keep for a year can break 100%.

long way to go...

Pray pray pray for tomorrow to bounce up again. But my TP to break even still

Thank you for simple explanation, Paktua73.

My estimate for support is at 5.15. Am I correct or wrong? Please adviyse, Sifus.

https://www.thestar.com.my/business/business-news/2020/12/25/johan-to-sell-diners-club-for-rm314mil

Let's see on Monday.

Managed to get some at 0.215 just before Christmas eve closing.

For those who don't know the good news yet,

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES GREATECH TECHNOLOGY BERHAD ("GREATECH TECHNOLOGY" OR "COMPANY")PROPOSED BONUS ISSUE.

Performing counters.

Focus is one of the performing cou tera flying under the radar

Have faith.

Don't panic yet. See the chart properly for Tech sector. Each time it drops for 2-3 days, it jumps up continuously to new heights.

Shares like MyEG which are not goreng counters, you need to do your homework to see who the people behind it are, what the business model is, the sustainability & growth potential, etc.

@ALANTIGER86, Excel Force's major shareholder is Wong Thean Soon who is also the major shareholder for MYEG.

@ruby20, well thought out response. Thank you for th insight.

Don't panic so much lar. See how things pan out first. If you are already in, no choice but to ride the storm. If you are outside looking to get in, stay away for now.

@Mabel, care to share your strategies? I too am a newbie

https://www.thestar.com.my/business/business-news/2019/12/24/scomi-to-reorganise-its-monorail-business

Would you care to share how you came to your conclusion, for my self learning?

But seriously, @GooShen, great call this morning. Came down just like you said.

Rise seems to have stagnated. Watching to see which direction share price moves.

@Taki,

Can you name one instance where EPF was wrong in investment? Regardless of old man's pushing & pulling, I see EPF as a reasonable guide to trading trends in Bursa.

Sorry, 21 mil, not 25.

Be as it may, why would EPF dispose almost 25 mil shares in the last 2 days alone?

donno wat happened. going nicely until 0.64, now suddenly dropped up to 0.605!

So don't worry so much about price drop. Jus need to be sure how long you can hold on.

Expected to go up once some good news hita but it has been a solid stock for so long.

It's a good day to accumulate MyEG since it's low prcced now.

Don't know why LGE going to China. It is MITI's job!

A great article. Thank you, davidleetgydotcom.

WTH!! So close today to cutting my loss, suddenly nose dive, falling like a rock!!

@apolloang,
Lets see...

Posted by GRACE1966 > Jun 3, 2019 10:29 PM | Report Abuse

You better got lost, lots of people scolding you with good reasons.
I do not believe that you got bully by force, perhaps those people got cheated.
Even Calvin Eagle felt uneasy with you.

Come on, behave like adults! This is not Facebook or Instagram for you to use as friendship platform.This is a place to share & learn about investment. There will be lots of information here, both true & false.Both are here to help you grow. If you got burnt by following one or more of OTB's comments, take it as a learning experience. Who asked you to follow OTB in the first place if you are not willing to take risk? Even your stock broker cannot guarantee profit for his recommendations if market suddenly turn around.

If you are so concerned about your feelings, maybe you don't have the mindset of a trader, & you should just quit.

So childish, you people who keep condemning OTB. Pergi buat kerja lah. Banyak masa free kah?

Can't understand. This company consistently making profit since 2016, still share price so low...