I'm Ready for 2nd entry, from my TA 3rd wave should starting by tomorrow, but if it still down it will go to 0.160-0.170 level, that should be the last drop before it will start going UP to TP 0.270-0.280 within a month or a little bit more.
today or tomorrow if it's closed above 0.200 then 3rd wave is very likely! if that happend (closed above 0.200) just hold till TP 0.270-0.280, just forget about QR..TA already show this counter already make 1st wave although 1-3QR is bad..just focus on TA
@CheerUp i'm guessing they wrote off close to RM18 million of development cost on software that is no longer or cannot be commercialized. I can only guess they spend between rm5 to 6 million on r&d every year based on their reports which means they just flushed away 3 years worth of r&d. Since they are already in deep shit, it's a good time to do it, get hit as much as possible before good earnings come in. Or, it could just be cleaning it up for a takeover or privatization. Time will tell.
9 days ago, ok lah to catch up on what's happening in Cuscapi. I just learned about their client list also. Now that Jack Ma just visited Malaysia, there could be some more interesting updates.
What do you think? I don't know. Have you read the link? All I know is Jack Ma came as an envoy for China, other than the Alibaba hub, what he thinks and says of Malaysia's business potential will more or less influence certain sectors greatly.
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