•Take out part of the profits •Re-Balance individual's portfolio •Use the cash to start another venture
In relation to the current global market, all options are possible. no need to panic, but do not over confident or over optimist either. All the best eforce team!
today's market in the US shows a good sign for today :)
The transaction was an inter-shareholder one - 1 large shareholder transferring to another. Norraesah and Wong Thean Soon go a long way back - they're both substantial shareholders (and directors) of MYeG as well and this kind of transaction is very common between them. It's not like the director was disposing on the open market. If they do, then we should be worried. Furthermore, the director also issued a statement even before the QR release stating her intention to deal (go check the announcements) so this particular transaction does not seem to be malicious at all to me.
@zaimi I hope this answers your question too. Asia Internet Holdings is the holding company (investment vehicle) for Dr Norraesah and Wong Thean Soon. They transferred 6.5 million shares from it into Wong Thean Soon's own brokerage account. This is usually done for personal reasons like proving source of wealth or as collateral for loans etc.
The transaction was an inter-shareholder one - 1 large shareholder transferring to another. Norraesah and Wong Thean Soon go a long way back - they're both substantial shareholders (and directors) of MYeG as well and this kind of transaction is very common between them. It's not like the director was disposing on the open market. If they do, then we should be worried. Furthermore, the director also issued a statement even before the QR release stating her intention to deal (go check the announcements) so this particular transaction does not seem to be malicious at all to me.
Get your facts right. 12/09/2018 08:19
To you, my facts is ultimately RIGHT. Market spoken today. 6.5 cents DOWN!
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....
Fooksing Wong
1,138 posts
Posted by Fooksing Wong > 2018-09-05 11:11 | Report Abuse
break 0.720... good thing coming :)