I have no idea how reliable and credible of this piece of information....you can bet if you are a risk taker...I wouldn't try as I need to have a good sleep at night....
dun believe on all these rubbish rumours....and hardly to be true...already called rumour and is baseless and unfounded....it makes no sense if anyone chooses to believe...on your own risk..hehe
Been watching the whole am, got shark for sure since yesterday..some buyers bought in, not sure what price is breakeven for the shark..so make your own decision hagi... I will sit and wait or just don't buy until i see genuine engagement ...
u will have to figure out his average stock price accumulated. Anything above is a profit. If i have the enough funds, i can do so, unfortunately i don't...lol...saliva watch how shark works..
Just my 2 cents opinion..It is understood that penny stocks are all speculative in nature with great volatility.If you ask me what is the best average price to accumulate i would say 0.23.But my last post in here is to expect a correction further down to below 0.20 and possibly touching 0.10 for a strong rebound.However rather unfortunate i think the sharks do not about this and only managed to touch a low of 0.19 on thursday and then make way for a rebound towards closing of 0.235 yesterday.
Honestly if you ask me is it still good to invest in malaysian stocks mainly penny counters i would say yes..as global markets are not seeing a bubble burst soon especially in tech stocks..eg Alibaba which is going to be listed soon in the US..
My interest in this counter is to see how management is able to turn around the business with new interest partners/shareholders which could change their main biz direction.eg something related to smartphone apps linked to android and iphone..
Lastly go check out the latest 30 shareholder listing and you may know the game is not over yet as the top shareholder is one of the largest top private bankers in Switzerland..as per say on their website.Lets see how price react next week...cheers
This counter is a roller-coaster... My buddy just had lunch with one of the board members and was told of a target price this counter will hit in the short term.
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....
goflykite
349 posts
Posted by goflykite > 2014-05-30 14:28 | Report Abuse
RUMOUR SAID NEW MANAGEMENT TEAM WILL TAKE OVER THIS COMPANY...GO FLY KITE