They bought for 2 weeks at 0.92, cost at 0.17 post cash back. They tried to sell 0.205 - 0.225 but not successful. So they changed their mind n resorted to pump n dump method. Pump 0.23 to 0.30 n distribute 0.28 - 0.30. Yesterday late evening they got greedy from first round pump n dump success n opted for 2nd round pump n dump 0.29 to 0.335.
This of course proved to be too much to swallow, biting more than they cound chew. Now they are getting out.
no wonder price stayed at 0.9 - 0.92 for so many days n didnt break resistance at 0.925, but ytd direct gapped up and broke n shot up so high, can see now they keep withdrawing the support
You mean they are having education centers or dependent on stationary demand from educational institutions? I thought they sold of their primary business which is stationary products manufacturing. No?
unfortunately 10 sen dividend didnt come... only declared 2 cents special dividend. that's it. no more... already called the company to confirm. div went ex on 5/4/24. payment date is 22/4/24. More importantly, what is the company's plan next? have to wait for company to submit their regularisation plan.. hope the wait is worth it.
Huge jump today!! It could be a short play but this has been tracking higher last 2 weeks. I can only suggest that news about their new business is going to be announced and it will fly since they are a cash company.
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....
rr88
6,532 posts
Posted by rr88 > 2023-12-29 09:47 | Report Abuse
Taik lembu paktua. Lost money? No money to buy?