Hi mlab holders can you enlighten me how the below works? Thank you
Additional Listing Announcement /Subdivision of Shares
MLABS SYSTEMS BERHAD
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No Types of corporate proposal Private Placement Details of corporate proposal Private Placement No. of shares issued under this corporate proposal 110,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0318 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following
Units 1,136,174,027 Issued Share Capital ($$) Malaysian Ringgit (MYR) 43,150,063.200 Listing Date 09 Jul 2020
Notconfused, don't worry about the PP or its low pricing, this has already been announced on Monday. Set your own target prices to sell in stages. When opportunity comes, don't waste it or you might have to wait another five years.
Tempted to give in at 0.055 but hold. I'm holder. Yeaaaaa tomorrow up again ka sifus mlabs? Kirim macam know today surged broken tembok 0.04. Salute oo
There is strong resistance ahead 0.07, this is the most critical point. When this price is broke will trigger panic buy, this is the time you need sell high. Else, mostly will pull back down to 0.07 below and go consolidate. Consolidate unlikely will pull back to 0.045 and below. When sharks accumulate enough bullet below 0.07, they will push again and make 0.07 sustainable. When 0.07 is sustained, you will see full force power to RM0.1xx
Hi dmksn looking at today’s chart can you confirm that the selling pressure is not high? I agreed for the past 2 years 0.07-0.08 had always been the critical points.. but then again those times were usually one or two day kind of orgasm sorry couldn’t think of a better word. This time I feel is different as it came with some positive news and the accumulative phase is slow and steady so perhaps it may sustain longer and go up higher? Wishful thinking from my part of course
Bro Kun, depending whether you need the money or not loh if not sell at the level you are comfortable with but be mindful just like what thecontrarian has to say ;-)
Before up, think of get back money, after up want at least 15% for trap 3 years, then become greedy... Maybe can get more than 15%,but scared down again...... Really confuse hahahahahahhhhhh
Hi Notconfused, this time might really different cause of Mlab has been pushed up with 273.18m trading volume unlike July 17 and nov 19 it was merely pushed up with less than 100m trading volume. I believe this time will across 0.1 once again.
I supposed I got lucky because it was my first purchase after the MCO started and I scouted for stocks to buy and decided on MLab because I felt it has the greatest percentage upside. Other stocks might give 20%, 30%, 50% but in MLab I see greatest percentage gain in excess of 200%.
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....
TheContrarian
9,502 posts
Posted by TheContrarian > 2020-07-08 18:03 | Report Abuse
linges, you still in Dubai or back to Malaysia?