Hello, CWorks Systems Berhad is a Malaysia-based company engaged in the provision of computerized maintenance management systems and other information technology services. Thank you
a simple calculation : this counter has `600mil share capital, assuming 50% of it are being hold by the major shareholder, which left another 50% floating in the market, which is ~300mil.
Yesterday volume is ~200mil, left about ~100mil shares floating in the market.
Today half day volume is ~50mil, I believe whoever want to sell already sold. The rest are being hold tight by the major shareholder, CEO...etc
My point of view the price will be floating around 15~16 sen, so force those contra player to sell the shares until QR.
Once the QR announcement with profit coming in, the price will easily push up to above 20sen as sellers already sold, and it is buyers to push the price.
Hold another 6 months, it can move up to above 30sen.
look at ucrest...even mr wong dispose his stake..price still going up...look at cuscapi...the directors dispose their stake..price still going up...as long as buyer is stronger than the seller...nothing to worry much
after he done with mother share disposal, he will quit ORION and ASAP big boss will come in to take over completely...from then onward it's a brand new start for ORION
don't forget those warrants come with free when he subscribed the RI, that's y he disposed them 1st and easily untung 1 round..my guess is that he is holding the mother shares at a higher price, so they must goreng higher for him to sell it off
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....
BlackWhite
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Posted by BlackWhite > 2018-01-10 18:52 | Report Abuse
Most probably speculative at play like Caely no tangible reason required hit and sell