If last 2 days the Value is hovering around the 35 cts level with volume of more than the total number of shares, how can it possible drop to 20 cts anymore ?, let alone 30 cts unless the contra players really cut loss. But I doubt it
The same way the pressed it down 2.5 weeks ago from 20 sen to 12.5 sen. It was probably easier back then when Connect was still sailing under the radar
They are pros n know bow to press down n push up. So no need to think how thwy are going to do that. Keep monitor from tomorrow onwards n u will know wt might be the bottom.
Let's see how's the market tomorrow. Evryone continue monitor and trade safe. Hope this connect is brewing some genuine project which will make eveyone get few suap nasi. My fren who shared the news to me also can't be sure after last Fong. riday no announcement so I decid to dispose all in this morning. Nothing righ
Nothing right or wrong but individual decision. I am lucky and the reason I sold was due to the poor sentiment of klci as well the news not release over the weekend. So guys, trade safe and decide ur money direction.
wait for S5 or connect county to make announcement, normally they buy through proxy. So until they got enough stocks for reverse takeover, then only will announce. Meanwhile sit back relax and enjoy the show
The Board of Directors of Connect would like to clarify on an article appearing in klse.i3investor.com website on Saturday, 13 June 2020, entitled “This Stock Will Skyrocket More Than Glove Stocks Play! Superb Undervalued!”. It was quoted in the article that "..Connect would be next vehicle for the backdoor listing (reverse takeover) by S5 System..".
The Board of Directors of Connect wishes to inform that as of the date of this announcement, Connect is in negotiations with the relevant party pertaining to the possible reverse takeover exercise involving S5 Systems Sdn. Bhd.
The Company has not signed any agreement on the said matter. However, the Company shall make the necessary announcement(s) as appropriate when there are further developments on this matter.
The Board of Directors is cognisant of the need for proper dissemination of information to the public and will release the relevant announcement on any material issue in a timely manner as required by the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.
Nope....later price kena push up.kow kow....n after that nothing is signed n price freefall. So bursa will not cari pasal.with them coz they already make a clear statement earlier on.
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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....
Justmeme
245 posts
Posted by Justmeme > 2020-06-15 19:26 | Report Abuse
If last 2 days the Value is hovering around the 35 cts level with volume of more than the total number of shares, how can it possible drop to 20 cts anymore ?, let alone 30 cts unless the contra players really cut loss. But I doubt it