me too. my concern is MS is accumulating so slowly.. they should boldly buy at 0.86 then 0.87 and keep on increase the price, then it accumulate faster and hit their accumulation target. unless their client ask them to slow slow accumulate..
MS is going to do a pump and dump strat very soon. Once they pump alot at lower price, they gona acquire slighty lower unit at higher price, then terus dump one shot
KUALA LUMPUR (Nov 10): RAM Ratings Services Bhd (RAM Ratings) has downgraded the ratings of Media Chinese International Ltd (MCIL), Media Prima Bhd and Star Media Group Bhd as ongoing structural changes in the industry and an accelerated decline in advertising expenditure (adex) have considerably weakened the trio's operating performances.
The move came on the heels of a revision on the outlook of their ratings to negative in June, it said in a statement today.
MCIL's RM500 million Medium-Term Notes Programme (2014/2029) has been downgraded to AA2/Negative from AA1/Negative, while Media Prima's corporate credit rating has been downgraded to AA3/Negative/P1 from AA1/Negative/P1. Likewise, Media Prima's RM500 million Commercial Papers/Medium-Term Notes Programme (2012/2019) has been downgraded to AA3/Negative/P1 from AA1/Negative/P1.
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....
sitia
1,261 posts
Posted by sitia > 2017-11-03 20:23 | Report Abuse
Looks like reluctant sellers and more holders. Good