YongTai just announced also into vaccine. Their share price soared more 150% after Malacca news and still holding. K1 only 2 sen before pancit. YT good and proper planning to make sure their good news don't go wasted with only minuscule gain. This is what I meant by good management who cares about company share price and knows it attracts everyone's attention. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3111435
As long K1 don't collaborate with reliable FM or strategic investor, their share price will always underperform and laggard. I am still not optimistic their share price can sustain above 0.40 even if it cross 0.40 next week. It easily crumble on bad sentiment but crawl like a snail on good sentiment. They need a good operator with budget to goreng their shares to a respectable level (above 0.50) to be on investor radar.
JamesWong.88 ..IB fund did come in a bit.. Only 20%.. 75% hot money.. Retails like us very little.. If hot money goreng,, not good also.. Because usually they r fast in n fast out.. Haizzz
Honlee, thks for yr info, 20% ib fund is not bad oledi, hope they will increase the investmeny in K1, my sixth sence told me that it will no more below 0.40 next week, ha ha ha
While vaccine may inject optimism into this counter, why Australia vaccine which is relatively unknown and less trusted compared to China, US & Europe vaccine. Maybe that's why no impact to share price.
Actually it is been a long time I do not see any IB funds come in... Most of the time, they r retailers like us buying... Last Friday, there were hot money n a bit of IB funds came in.. It is time to c some movement, I believe...
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....
HonLee
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Posted by HonLee > 2020-12-04 17:25 | Report Abuse
Nobi3 haha good one...