The total size if WA is 43.025 million warrants. On 27/2, transaction is 65.7 million @RM0.035-RM012, on 1/3, transaction vol is 18.8 @RM0.09-RM0.125 and on 2/3 the transaction vol is 21.47 million @ RM0.12-RM0.145. Most of their warrants have been sold to open market with may be 10-20% left. They are trying their luck to trap some more people but I am sure they will not push beyond RM0.1-RM0.12. They will allow themselves to be net buyer. Their target is net seller.
lol, selling down for Censof WA. people don't see any hope for this counter. However, unless its mother share don't move at all till July, otherwise it might still go back to RM0.110-0.120 at least.
FYI only, As for NWP, 7/9/2016, they announced that they have been awarded over 745 million government housing project through another company M2B World (M) S/B.
both censof and Dnex are bumi software companies...surely it will have the bigger pie in the DFTZ or alibaba USD$30B E-trading that will powered up Malaysia digital economic to new dimension level beyond 2020.
Jack Ma techno counters play are coming to THE END. Like I said before, it's the hubs. Jack Ma have their softwares running and all, and they are likely to use their own instead of starting a fresh for new software!
Censof-Wa is expiring soon. If they don't push now, no one will gamble as it approach the expiry date. To push Censof-Wa, they have to push Censof. Would they push? depending on how many Censof-Wa shares they still have on hand.
The spike within 10 minutes on 23/3 has caught many contra players. I don't think these contra players will fall into the trap again unless the transaction vol. has pick up dramatically.
I think they could not push up Dnex & Dnex-Wd and so they still deciding what to do with Censof. May be they will decide to push Censof without Dnex since the selling pressure for Dnex & Dnex-Wd are high.
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KingDavid
2,666 posts
Posted by KingDavid > 2017-03-24 09:29 | Report Abuse
If I am right, Censof+Dnex group, they try to sell Censof-Wa, Censof-Wb and Dnex-Wd. They will keep the mother shares.