King David, since the same players as SCIB and with 2 wayang news catalysts, 0.70 to 0.90 is still a valid possibility kan? Political fund ma. Anything is possible. It’s a gamble.
The potential sale of Orkim has been in the news since May last year, when Bloomberg reported that Ekuinas was exploring sale of the shipping company, seeking as much as RM1.5 billion.
I rebought back 6 cents.try try can get more musang king how many biji or bakul.please cannot all the time big big figures.let see before month june end. 15/6/24 6pm
It is surely pushing up RM0.005 or RM0.01 at a time. Step by step and systemically. This is a sign that is still in collecting mode. The longer this collecting mode is in place, the higher it will push up. It can be speculated that the major shareholder are working with the Sarawak government to secure the acquisition of Orkim S/B from Ekuinas. The important question is that "is the state government acquire a controling stake in "Hubline"?
Whether the Sarawak state government is acquiring a controlling stake in "Hubline"or not, speculation will begin and the share price will push up. But when, for how long, and how high can it be push up ???
The shark needs a day or two to generate more interest being in the top 10 (Vol). Only when enough interest being generated, then the share price will be push up to generate even more interest with more speculations. So far, not enough interest being reflected in this morning trading, though the buying rate is good.
The game has just started. The bosses are making full use of the speculations. Whatever the outcome, the share price will move up and down for many times over a period of time, depending on more news.
You can look at the share prices for the past months from RM0.035. It can be classified under "collection mode". Even though the share price may dip RM0.005 to RM0.01, but it will surge higher and higher. Too early to let go such an opportunity to "goreng"
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....
LY Hoh
79 posts
Posted by LY Hoh > 2024-06-10 12:17 | Report Abuse
i guess Hubline still can go further as started 10/6/2024 Diesel price at West Malaysia increase more than 50% but East Malaysia price remain.