yup normally BOD sell, it's not a good sign... well this company is still making money.... let's see what happen in this window dressing month ..... hopefully it won't go down to 15c ..... all the best guys
Counter continues to drop because of one of the key shareholder Dato Lua keeps selling his stake. With the profitable result released by its Hong Kong's subsidiary FurniWeb, the share bounced up. Accordingly to the early statement in report, the company will start to distribute dividend after FurniWeb turnaround.
Something happen to this counter as the stock price suddenly surged up and it was above MA200. Window gap (RM0.165) is the support. POC at 0.145. As at today 1st session closed, the big volume is still not flushes out, indicating the stock may move further however it is still early to jump into the conclusion.
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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....
cK1973
1,743 posts
Posted by cK1973 > 2023-11-09 12:05 | Report Abuse
holding strong but no volume...
need to wait...