@Winz the stock activity presently is almost similar to the trading trend and momentum for the first half of the year. 2.Presently,the MACD line is still below the Signal line but still above the zero line indicating there is some price support momentum. 3.On the stochastic chart(RSI) can infer that NO sign yet of any reversal of the stock price towards the upside.The %K line is trending below the %D line showing that the price will not move up yet from the present level at -,+ 2.0 cents.The chart is presently in the neutral zone. 4.On the price chart the short -term moving average(SMA) is still above the long-term moving average(LMA) and the trading volumes were not high during the last week shortened trading period. 5.The company reported good PBT profits for the past two QR this 1H financial year.But many forumers are asking why the price did not perk up?
Conclusion: Expect the price to consolidate at this level for awhile unless the trading volumes perked up.The technical charts-MA,MACD,RSI,stochastic presently do not support any strong price uptrend.
GHL quarter result earn less than 1 sen but market price RM1.67. OSKVI quarter result earn 14.95 sen but market price RM0.73. What is the investment logic ?
The last Friday trading session surprised on the uptrend momentum with a price change+3.0cents and with a healthy volume of 1.313 million units. 2.The %K at 34.7529 and above the Signal line(%D or Red Line) on the Stochastic Charts(14,14,3,3,9) is giving a strong buy signal. 3.The MACD line at -0.035 is closing and converging very fast on the Signal Line on the MACD chart.When that happens by converging of the two lines by next week expects a strong price recovery. 4.Probably such stock moves is foreshadowing a bullish price trend for the battered stock.
Hope the price recovery can be sustained and maintained moving forward this time barring any adverse global news development.
What has happened to this stock trend and move? 2.The MACD line has crossed the Signal Line on the MACD chart this week and should have portended good price support momentum for the stock price.Also last week the RSI has crossed the Signal Line on the RSI stochastic chart. 3.But last two trading days this week the price is going down?Sigh:-(((
It is ridiculous when the offer price to take over Wiilowgen is lower than the market price! Read- TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
WILLOWGLEN MSC BERHAD
Type Announcement Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) Description WILLOWGLEN MSC BERHAD ("WILLOWGLEN" OR "THE COMPANY")
RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF NEW ADVENT SDN BHD ("NEW ADVENT") The Board of Directors of Willowglen (“Board”) wishes to announce that Willowglen has on 12 September 2017 received a notice of unconditional mandatory take-over offer (“Notice”) from RHB Investment Bank Berhad on behalf of New Advent (“Offeror”) to acquire all the remaining ordinary shares in Willowglen not already held by the Offeror and its persons acting in concert, amounting to 109,500,093 ordinary shares in Willowglen (“Offer Share(s)”), representing approximately 45.0% of the total number of issued shares in Willowglen (excluding 4,673,400 treasury shares), at a cash offer price of RM0.80 per Offer Share.
A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.
It's a sweetheart deal. Since the threshold of 33% is crossed it is mandatory to offer the same price to the rest of the shareholders. That's why it's called a Mandatory General Offer (MGO).
Temporary this counter will be adversely affected by Willowgen MGO which is make at an offer price below the market price for the stock. Dammed if you sell now at a loss.Damned if you did not sell.
@SUPERSUN yeah agreed.I had offload all my holdings on the stock. 2.This company has poor Investor Relationship(IR) and takes investors for granted. 3.Can make one wonder,good QR but the stock price keeps dropping. 4.Better for such company to be delisted from Bursa or privatised. 5.Avoid any such stock related to OSK for goodness sake:-(((
@Bystander123 You are calculate wrong, The QR out on 15/08/2017. willow closing price was 1.55 (market capital was 384.4 million). Now 05/09/17 closing price was (market capital 260.4 million). Oskvi owe 16.17% .Now you can calculate out the different .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2017-08-25 11:17 | Report Abuse
I think this stock another osk tortoise.....I think must find others to make back instead of sticking to this counter