i realized epf and lth take integrity very very seriously now. Even ceb or gtronic havent announced anything seriously bad, they will clear almost all of their positions in these companies if they smell something fishy or see some shady things going on. Must have learnt from their serba dinamite lesson.
Globetronic 57 cents Let see can pass 60 cents before friday end. Support 54 cents(breach maybe to 45 cents below). If can wait,then ok.can long term 6 monrh or 2-3 years. 12/9/24 12.30am
That s good to get out 2 biggest swing play cut vege machine , as fast as possible , congrats to all gtronic share holder , it s time to accumulate tickets at this 10 years lowest price , once they turnaround it will hit back to rm 2 !
Chg auditor is normal after a long term 7 - 8 years service at the same company , kneel jerk ,panic , overaction causing many bodoh dump tickets to bankers !
Change of auditors is no big deal but not in the middle of their office term ,which is a big deal as it could suggest something fishy is going on whereby the auditors are unable to proceed to conduct the audit due to duress , disagreement , deliberate intervention/override of BOD/management, in-cooperation, sabotage, refusal to provide information required to facilitate the statutory audit, refusal to provide written representation, refusal to confirm the veracity of transaction etc
The support is expected to be overwhelmed by the mounting selling pressures from now due to uncertainty. The incumbent auditors ,KMPG will communicate with their successor ,UHY as to why they have resigned. It is believed that the EPF Boards and the rests of significant investors must have the knowledge as to reasons why KPMG have resigned, which prompted them to exist the market without second thought.
"i realized epf and lth take integrity very very seriously now. " ======================================== Take it with a tanker load of salt. It is hypocrisy to the highest bidder.
MY retailers always love to buy shares that dropped tremendously, they love such high risk shares that can gain high return in short time if they bet it right. They rather lose or win big in few days than wait years for those stable shares to crawl up like turtle.
The general rule of thumbs is " High risk high return, Low risk low return " , It is their choice to opt for high or low risk of their own free will. Perhaps they feel more thrilled if they win or lose big . Basically, one man meat is another man poison...
Look like joyvest die die also want gtronic to bankrupt ! But i can tell u this time u are wrong , after chg auditor gtronic will have big expansion and will goreng high high !
No panic sellers but sensible sellers in reaction and response to the reality. It is pathetic of many to look but dont see and many to hear but not listen... thats delusional of the highest order....
For Serba Dynamics , many cited the same that the sellers were overeating but the seller proved to be sensible and managed to salvage some in the end ,better than those delusional diehards losing all down to the drain..........
Open your eyes and minds. If you choose to close your eyes and minds like the orcish burying its head in the hole underground as if nothing was happening, your ignorance is larger than your loss then............
Newly appoint director that link to SCIB (same as previous serbak group) have successful siphon RM 65m cash out of Gtronic cash hoard via newly set up accounting prepayment receivable。 It will continue do so for remaining cash RM 120m holding in GTronic cited reason as new venture and expansion
A good company must have a strong integrity management team. Just wonder why SC allows these people jumping ships repeating the same dirty tactics. Furthermore, these are our money in EPF.
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....
gsi723
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James auta