Capital repayment exercise pursuant to Section 116 of the Companies Act, 2016 by way of cash distribution of RM0.75 per PICB Share upon completion of the Disposal
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Repayment” as from: 28 Dec 2023 2) The last date of lodgment : 29 Dec 2023 3) Date Payable : 11 Jan 2024
Goreng ke, pisang ke, pump ke, dump ke, push ke, musical ke, chairs ke, kerusi ke, meja ke......bye bye ke, see you ke, no eye see already ke,.......tak apa........ make sure you make money, that's matter 🤪
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
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....
DickyMe
14,932 posts
Posted by DickyMe > 2023-12-27 16:37 | Report Abuse
Not cost effective.