0.425 no match yet, possible match possible abrupt fall to 40 who knows. Who is selling? Don't be shy to say. Or is the syndicate themselves maintaining the price and volume at this level only
This can be a jackpot counter. It’s all PR. Just have to be careful of their next quarter (s) results as the operational losses for Siltera will be enuf to push them into PN17. Solution will be to sell it back to Malaysian Govt since madani pushing investments into LOCAL semiconductor exposure. Only problem is the HOLE is too big. Cover up required.!!!!
I can't deny that "small" sellers are disposing the shares for the past week. The importance to monitor is whether the "Big" investers are supporting @RM0.45
Share price does not need to press down or push up. It depends on demand & supply unless it is deliberate action for "inside" information or speculations.
By right...breaking down to this level one should sell first. Saving grace, this is a low volume break down after an extended period of steps down in equally low volume
Hibiscus is up 4%+ after the PSC announcement. DNEX just made a similar announcement. Details sparse.
Momentum weak, doesnt look like it can go up today.
Fundamentals weak, catalyst all pending, make life difficult for us la this counter. Testing patience. Hopefully w Silterra turnaround we can finally ride with a lasting uptrend.
It's testing patience that's it...it can come down more and it isn't that scary because while fundamentally weak, fundamentals is there for all to see
The main difference is Theta is coming out w its own border control system, whereas DNEX is using a system currently in use by many countries
So DNEX has a standard product, tried and tested over time
Theta is developing its own system and made it cheaper
To keep the costs low, Theta has is hiring from Heitech, for those who know the current system myIMMS which was established in 1993. Their proposal is to upgrade from there
It is no coincidence that Redtone is entering Theta at this time. So if you are for DNEX, the Vincent Tan+Agong connection makes Theta greater competition - add in Tabung Haji as major shareholder
Putting aside DNEX or Theta...I would prefer a tried and tested product especially for Border Control. The last thing you want is a standout system that fails. There are other opportunities to showcase Msia's innovations and talents, if any
Further, it's Theta we are talking about...to come out with a standalone system different from others. Even the public like us will be worried. Will the Govt take the risk in the name of innovation?
what most malaysian IT company is doing, and also in many industry, is mee segera (instant noodle) scheme!. just buy for shlef product, get the licrnsing, install..and makd tons on $$$!!. BS.. thsts why malaysia Never become developed nation. No RnD coz it will eat most that profit that would go to pay CEO and top mgmt million. Sickening situation. What Theta trying to do is to develope home grown expertise, but..probably ppl at the top scared..better play safe.
@Ron90 can't say sickening la...that's how Bill Gates became the youngest billionaire in the first place. That's Intellectual Property. It is with these protection and rights that people are encouraged to innovate and make the world a better place 😆
It's just that we are not prepared to take that path yet, the home grown expertise. Why risk 800M for border control now? To achieve that the game isn't now...it goes back to MOE, right the education, right our talents, bring back the Msians working in SG and US, then we're talking...
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....
blazer999
104 posts
Posted by blazer999 > 2024-07-24 16:12 | Report Abuse
can walk around other counters first then come back...