Think 90% of VC shares transactions are among the Operators only....some paying back borrowed VC which are sold high..in a very discreet and subtle manner with the directors and ..certain brokers T10 interest free facility in SJ..
They are taking profits on the 34.4 million shares bought last September from off market @3sen. If they started sell off from 23sen,by now should have rolled off all shares in open market.
Nearly average of 100 million share transacted from 10 to 27 cts within 8 trading days through T10 SJ brokers.....next iMonday and Tuesday is T10....will VC be push below 10cts or above 10.5 CT’s ??
RJ87 very odd behavior. Convert at 15sen to sell at 10.5 sen?
Am I the only one feeling funny here? 18/01/2020 3:23 AM
You are not alone RJ87.. Stay away from this counter.
This counter is really a goreng counter. Most of the times it has been sleeping.. I missed selling off the previous rally. Learn my lesson well as I have to wait for a long time..
This time, I don't waste time. When it shoot up. I pressed my sell button. All of it.. Finally my patience finally paid off.
SC should suspend vortex pending issuance of UMA by KLSE for the sake of minority shareholders...why no update from a Eugene Goh ,,any insider trading etc
If can write to KLSE like Mr.Ng Shu Tsung article about CSL etc..about VC will be good for the market....especially why no UMA from KLSE with such volume, and crazy fluctuation in share price, ...creating havoc to other counters indirectly..
With directors acting in cahoots with operators for personal gains, VC has been transacted in blatant disregard to KLSE rules of law..like the HK protestors...who think they are above the rule of the law
This share will be same as luster,dynacia,Orion,Netx, and many other penny bcos boss will dispose all their holding, and maintain 5 to 8 % to hold the directors post and drawing the big salary till as far as company can tahan!!it's a STD Malaysian penny stock practice !
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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....
zhm540
2,491 posts
Posted by zhm540 > 2020-01-17 16:12 | Report Abuse
they should suspend SELL on this stock.... like they suspend BUY on LONDBISC