Privasia Technology Bhd is an investment holding company engaged in providing Information Technology (IT), Information and Communications Technology (ICT), and Satellite-based network (SAT) services in Malaysia. IT services comprise of IT infrastructure outsourcing, consultancy and systems integration and procurement management. ICT services include wireless broadband infrastructure, comprehensive mobile and wireless communications consultancy, and systems development for ICT and mobile solutions providers and enterprises. SAT segment provides satellite-based network solutions. The group generates the majority of the revenue from IT segment.
Its satellite-based services division recorded revenue of RM600,000 as compared to RM700,000 in 1QFY20. The division reported an improved operating profit of RM1 million as compared to an operating loss of RM600,000 in 1QFY20, mainly attributed to sales of a portfolio of its customer contracts.
Rumours upcoming New Shareholder 12% stake and New Tender For Upgrade My Sejahtera Vaccine Registration , Project up to RM95 million .
Rumours of a big project + morning high volume but price barely move up + fake support at buy side + consecutive small lot buys ( 1,1,2,1,3,50,10,1) to make the buy trend green.
but price still at opening. Notice how they buy and sell at the same time when they push up. Then suddenly price goes back to opening. Why they do that? To create volume so that priva gets into top 10 active list to attract ikan bilis so they can dump to them. If they really want to continue push, price would already be 50 cents now. Wont stay sideways with high volume.
You know, sedania was doing like this many weeks. I am not comparing. At that time, there were no fundamentals at all. The moment they push up, all dundamental surfaced. I am hoping for that.
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....
M4CH3R13
68 posts
Posted by M4CH3R13 > 2021-06-02 10:00 | Report Abuse
descending wedge.losing buy momentum.mcd dead cross.too mny time it touch 27.5c.if this price break wait 25/20c
my 2c
:3