fankl113, not always the case. PP is done due to the company is collecting funding from "interested investors". What the company is going to to with the funds collected is very important.
If the company make use of the funding to embark on projects that will bring positive revenue to the company then yes, PP is very good. If PP on a bad company, it is useless and will not bring any positive growth to the company.
Substantial shareholder collecting tickets usually meant 2 things. Firstly, they in the opinion that the company share price is selling at discount and they themselves are confident with the outlook of the company. Secondly, they do not want their share price to tumble as nobody is buying.
It doesnt indicates that the counter will limit up. Good growth good prospects not equals to limit up hahaha.. Just my 2 cents thoughts.
Lim guan eng been investigate by macc, this company was the lge proxy. So , no hope at all. Target price 0.15. Want to run better run fastrr, lim guan eng sure going to jail
not always the case. PP is done due to the company is collecting funding from "interested investors". What the company is going to to with the funds collected is very important.
Thanks, your explaination is good. Thanks huatAh888
Collecting before exdate of the warrant. Vaccine is here, just waiting when can reach malaysia. Malaysian budget coming in september. A good counter indeed
13-Aug-2020 Insider WOO SWEE LIAN (a substantial shareholder) acquired 15,000,000 shares on 11-Aug-2020. 13-Aug-2020 Insider WOO YI XUAN (a substantial shareholder) acquired 15,000,000 shares on 11-Aug-2020. 13-Aug-2020 Insider WOO YI MING (a substantial shareholder) acquired 15,000,000 shares on 11-Aug-2020.
PP is a good news for investor, 0.397 PP price, total cost around RM 30m for the share, mean something good is coming so only have someone willing to PP on this
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....
huatAH888
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Posted by huatAH888 > 2020-08-06 20:54 | Report Abuse
almost limit up...... TP should be over RM1...................... jump on the boat now before you miss out....