Guys, please go ahead and spill out the negativety and frustration on this counter...you must understand how the game is being played and the rationale for the price movement ......no point in elaborating to readers who have the brain of a pea...
alphajack their real play has always been to get one pump + dump project and probably make 5-10m fast money there (this one masuk personal pocket and tax free), plus make 5m for the co in warrant conversion for the co use. then collect back cheap with PP and RI to lower their avg price. Pls rmb they got this 30% of this co initially at 44c then reduced their average a bit with PP of 36-40c. Now assuming price is maintained between 25-30c by end of the month they will get to lower their average a lot to probably 35c a share by getting the new batch at 20-23c. So its win win for them, alrdy make dirty money in between and lower average holding of their shares plus turnaround the co also which may allow them to justify higher prices in the future. How to lose as a shark? They cannot...
Sound like a reset to start from low again, so let's park straight at 0.15, or probably 0.075
very hard to even find the floor. But when u think abt their dirty plan, for sure they wont let it die esp after the RI and PP. in fact will push up more in May once it is done cause they wont want it to be below their avg price. For now...dunno whether started collecting back or just drama. Must see closing still cause not even a single green day since selloff started 2 weeks ago. Still dunno whether done or not. that is how ganas this jerung is lol
If you ask about the prospect of this counter, you can just refer to mmag, the share price movement of saudee will definitely replicate mmag... may god bless you all, lolx
Guys, look like everything is accordingly to plan . Last batch of conversion, if any,is expected on Monday. I doubt there be any, and if so, not a big amount. The 2.3M W conversion to be listed on Monday can easily be absorb. If that is so , expect the price fixing on the prie of the PP , Rights Issue and the exercise price of the W to be from Tuesday onward or maybe a few days later...
Btw , the company has collect RM10.0 million for the company from the W Conversion ...many thanks and terima kasih...
Henceforth, the price need not be suppressed and let see....how the events unfold... and no more obstacle on the way...
Guys , I posted the captioned below on 7th March 2021 ...anyone bother or take note..all the Sifus, TA expert, etc2 are so bullish on the counter...dont blame anyone but yourself if you get burn here.. just dont blame anyone...this is the name of the game...
Jlex11 posted on 7th March 2021 : Guys, agreed . I take a bet that on or before 7th April, the parent shares will be below 50cts OR it may be earlier...
Cheers & good luck...
Watch out warrant conversion after 10 working days. The price will drop to 0.52 soon.It is a trap counter
yes, those hand kena burnt one really shouldnt blame, many sifus here already warn them at the 1st place , but many refuse to listen, mayb they were little bit naive...lolx
last candlestick , a bullish harami stochastic oversold...selling momentum has waned with the size of bearish candlesticks getting smaller...so ? hold and wait for nice bottom rounding up
yes, all kena pyramid - scams operated by hidden hands, now all die and still hope for rebound...fool you once, it is operator's trick, no one to be blame; fool you twice or trice, is your mental level too low, If not fool you, fool who? hihihi
who kena 1.19 really kena con big time.....next time careful with small cap counter easily manipulated.....report also no point learn from mistakes.......authority won't compensate you a single sen.....the best is fine & reprimand the culprit.....malaysia no hope government in a mess.....go invest elsewhere
it might go below 0.20 and stay there for years so cutting loss is the only way. it may stay at the low for take years or never come back at all. chances of scam stocks coming back is really low.....it may even get delisted sad but true.....really sucks sometimes when kena such stocks
another downside is government sucks....and in a huge mess....like dump shit now.....waste time investing here......even local institution is selling hard and foreign fund takes turn selling too.....most investor like us are buying big......we're like waterfish now....maybe kenneth vun is exception
if market continue to fall.....putiing money in FD with low interest (if u don know where to invest) may even be better option.......malaysia is gone case
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....
Yupeetan
585 posts
Posted by Yupeetan > 2021-04-02 10:38 | Report Abuse
Bull trap, the same old pattern or trend everyday, never change.