It is because it is finally turning over, business is finally improving. Coming QR will be very strong and moving forward we will see 2-3mil then 4-5mil QRs. Which brings the stock TP to about RM3.5 by June next year.
Honestly, take some profits. This is not a good company. Do your own due diligence and you will know. I am fairly positive that insiders will use the opportunity to unload. Will it go higher? Of course. And people will hate me now for asking people to sell. But I don't see any moat with this company. Investors trying to chase the next Genetech will get burnt. The next Genetech is Genetech.
Top glove, super max are the good companies, when rm 20 above bought it, now only rm3 and below. Datapre and Hwgb are the bad companies , those 8ct up to above one ringgit,
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD IQ GROUP HOLDINGS BERHAD
Type Announcement Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD Description Pursuant to Paragraph 14.09(a) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Principal Officers have notified of their dealings outside closed period. Name of Principal Officer Nature of Interest Date of Transaction Opening Balance No. of shares
(Disposed)/Acquired/ #Exercise of ESOS
% of Shares Transacted Price per share (RM) Closing Balance % of shares held after the transaction Albert Lim Eng Keat Direct Interest 10 September 2021 54,000 (54,000) 0.061 2.00 0 0 Chee Ting Ting Direct Interest 13 September 2021 11,000 (10,000) 0.011 2.01 1,000 0.001
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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....
shlyw
719 posts
Posted by shlyw > 2021-09-10 16:43 | Report Abuse
Will exceed RM10 by the end of the year