Ya. Today freeze, panic sell is wasting time with no gaining. Sit properly, as bu this afternoon will hit top again because as usual if yesterday no limit up even, today will limit up also. So looking forward today will close at 1.4, tomorrow 1.8 yahoo
Bursa freezes upper limit prices of shares, warrants of HLT, Notion, ES Ceramics KUALA LUMPUR (Aug 4): Bursa Malaysia has frozen the upper limit prices of HLT Global Bhd, Notion VTec Bhd and ES Ceramics Technology Bhd stocks and warrants after the securities hit limit up for two consecutive days. The upper limit prices of Notion shares and Notion-WC will be maintained at RM1.44 and RM1.12 apiece, respectively, while those of HLT, HLT-WA and ES Ceramics will be kept at RM2.45, RM1.72 and RM1.40 per unit, Bursa said in an exchange filing today. "The upper limit prices of [these] counters will be maintained as [stated] in accordance to the rules of Bursa Malaysia Securities, Chapter 8.13 (5) Trading and Trading Manual Chapter 4, Reference Price and Price Limits (4.3) Freezing of Price," it noted. At market close today, Notion shares went up 29.73% or 33 sen to RM1.44, Notion-WC (up 35.76% or 29.5 sen to RM1.12), HLT (up 29.63% or 56 sen at RM2.45), HLT-WA (up 29.32% or 39 sen at RM1.72) and ES Ceramics (up 29.63% or 32 sen at RM1.40). This was after these securities climbed between 29.13% and 57.14% or 29.5 sen and 43 sen per unit a day earlier. Limit up and limit down are the maximum amounts by which the price of a security may advance or decline in one trading day. According to Bursa rulings, when a stock or warrant hits a limit up or limit down for two consecutive trading days, "as the case may be on the next market day, the exchange may maintain the trading price at the last done price of the previous market day for such period as specified by the exchange".
Im newbie here just starting trading 2 days ago, already sapu my profit since someone said the price will be limit. Can you guys give any suggestion what counter should i invest?
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....
makemoney1
291 posts
Posted by makemoney1 > 2020-08-04 17:18 | Report Abuse
Rough calculation,
400k capacity per month
each pieces RM50 (speculated)
margin 10%
profit is 24mil/210mil shares
0.1 eps x PE30 = RM3