Quater result doesn't mean effected share price. If that happen sure la many high profit counter high flyer since early last year. We must understand current situation...all business (except rubber gloves ) effected by MCO. So it's normal. No worry. Only think you invest in business that beneficiary of current crisis like MCO, pendemic, social distance, Covid19, health
Share prices is just about most people play in that counter cause of sentiment/theme/interest. It's doesn't correlate at company result. 3 main factor that can determine prices & create interest among trader... 1) Thematic current play 2) Volume 3) Trending chart.
Based on my study for this counter, it could repeat same uptrend pattern as 2015 and 2017.. my TP is at least 0.25 within a few weeks from today.. support will be 0.145.. TAYOR
I like this counter, I sold total 105,000 shares @average 1.65 . Balance still have 55,000 shares.Will keep bcos no chance to buy back at lower price. My average price bought 0.87 total 160,000 shares.
MMAG-WB 0.365 conversion 1 for 1 at 0.20 expiry 27-11-2022 Now MMAG price at RM 1.92 - conversion at 0.20 = RM 1.72 That mean MMAG WB should be RM 1.72 instead of 0.365 now
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....
Layman
79 posts
Posted by Layman > 2020-08-28 16:45 | Report Abuse
Some penny stocks (such as PN17 KTB) move more ground that this counter.
Any other updates for #0131?
#needtodocapitalprotection