Topped up 2.13. I invested heavily in various stocks during sell down in Q4 last year and was rewarded handsomely in December. Always top up during correction :)
11-Jan-2018 Insider DATO GAN KIM HUAT (a substantial shareholder) disposed 7,476,127 shares on 08-Jan-2018. 11-Jan-2018 Insider RENOWN MILLION SDN. BHD. (a substantial shareholder) disposed 7,476,127 shares on 08-Jan-2018. 11-Jan-2018 Insider DATO GAN KIM HUAT (a company director) disposed 7,476,127 shares at 2.250 on 08-Jan-2018.
FYI, SKPRES benefit from stronger ringgit because most of its liabilities are denominated in USD. Stronger ringgit means they pay less in debt. source is from annual report.
Knee jerk reaction due to some stupid analyst note that KLSE one of the top four overvalued markets in Asia. I suppose tech counters would be the first to be disposed due to inherent high PEs. Oppurtunity knocks but expect further retracements. Contra at your own risk!
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....
micsoh
1,174 posts
Posted by micsoh > 2018-01-10 16:47 | Report Abuse
This is the problem with share which can sell short.