@masterkevin212 Sure Directors kena sotong by margin call...what else....Sardin81 is preparing for holiday because his duty on making good news creation and mission has been achieved. 16/03/2020 8:55 PM
I'm suppose to fly to my beautiful Island with my favorite Airlines...
Now have to cancel my plan due to the latest lockdown announced by PM..
The directors disposals are all under "Direct Business Transaction" not open market transaction. Most likely margin call where banks are the buyers in this instance.
KNM management dumping the stock over the past few days. It does not take an analyst to figure that one out. This Coronavirus is going to harm a lot of companies, especially weak non-performing companies like this one. determine your own liquidation value and then divide it in half. the professionals (lawyers and accountants) will take half doing the paperwork and it will take a long time. buy if it is below that price. otherwise, the General leads the way! get out while you can just as he did.
Hello ppl, u may start but in now. The down trend is at bottom. I foresee will start turning now. All country had implement lock down , which means the virus will be contain from wide spread from now on. Meaning investor confident will be back and share price will back to normal range. Currently most share are over sold.
Can start buy. I believe the confidence is coming back. Once the virus being contain then price will up back to reasonable range very fast. See Korea, after implement lock down, new cases drop dramatically.
From the director disclosure, he bought 15mil shares on 11/3 and 17mil shares on 12/3 at M&A,but forced sell at MIDF and AFFIN around 122mil shares from 11/3 to 16/3.
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....
moneypedia
5,987 posts
Posted by moneypedia > 2020-03-16 23:34 | Report Abuse
down down 1500 rebound bit fake maybe