0.5mil units bought at 0.62 today could well be an institutional fund. it is rare foreign funds throw money to back a local company unless they see potential. over the weekend, do your homework and see if this stock is worth the trouble. From audit circle, it will revolutionise workprocess in the new normal. Appasia could well be the gem of tech stocks if Rakuten's forecast is anything to go by
I hope pull back but i doubt it will be so huge fallback the most 2-3 sen ... even they just announce Pelaburan Mara just become their substantial holder ... stay firm and maybe it will shoot up monday ....
MARA is only a substantial shareholder - not major stake holder. What can be expected - if BN rules again - is that it will be a smoother journey to connect to local companies requiring what it has produced. Also, what it has produced will find ways to other same-stream fields that require audit confirmation software intelligence. That is what I believe that at this 60-70sen level, this stock is undervalued. Reason why is because the focus of major investors are on HC counters which is slowly but surely reaching saturation point and competitive advantage will be smaller. Also, with discovery and worldwide usage of vaccine expected shortly, who knows what the future holds.
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....
jungleboy
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Posted by jungleboy > 2020-08-07 19:49 | Report Abuse
can share the news content?