no wonder... I felt like there was some selling since last week while so many other stocks went up. Good thing is that this director does not have any shares left to sell.
Director hold only 2% but director is closer to the company compare to the 70% retails investor. Some more sold all? Hmm, very fishy. Need to monitor further.
My 30c parking expires a'dy. Maybe no more luck to hunt for food here. I wish other scopie that still holding huat all the way la. Hopefully, sky is the limit and shoots up to rm1.
owner selling 34mil shares from 7th to 11th Oct. they are unloading. propbably good to take profit and stay sideline if drop below warran exercise price 0.30. Good to masuk.
it could be better if the warrants exercise price is set around 25 cents to attract more investors. but having 30 cents with 3 years expiration date is not too bad as well as the price could still be very attractive as the mother share would probably increase so much by then.
those who sold the last 2 weeks probably bought back their shares early morning. Luckily the share price does not go up a lot so it is still not too late to buy them back... I guess it is more difficult now to wait it drops to 30 sen.
LohNewbie, think about glove stocks. Their share prices peak around August last year. Some investors started to sell even though the revenue/profit did not peak yet (companies still announced increasing revenue/profit). These investors was concerned about the average selling price to go back to normal, months before it actually happened. Investors need to think about future revenue/profit.
LohNewbie, I meant that we know that scope are busy meeting demand right now and they have doubled their manufacturing capacity recently..so those sales/revenue is far from reflected in their QR just yet..it means these few weeks/months has been a good entry point.
Tech and Glove are different. Tech could be long term (many sifus guess this way). Recent extraordinary glove demand was driven up by rare public health issues with foreseeable slowdown in demand after the issues are being handled and understood.
for example, if I expect SCOPE to announce better revenue/profit next year, I will buy now because the company will worth more in the future if I expect SCOPE to announce worse revenue/profit next year, I will sell or not buy now
Well spotted @Hoot9ee. But didn't you notice the incremental of Scope's revenue recently? This is showing that Scope's performance / business growth is very good which is very positive sign.
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cbkia4896
936 posts
Posted by cbkia4896 > 2021-10-08 15:43 | Report Abuse
switch some money back here sikit 2