Cfm fall from 2.75 to low breaking 20 cents level. Reason I)2.90 range hard to break after 6 month II)support of rm 2.60 break in higher thn normal volume. 1/4/23 9.22pm
Likely DRBHCOM will benefit from Geely EV investment. CFM shareholder sell down , is a very hard factor to convince ppl to buy. Myself also cannot find any reason to buy into CFM when shareholder are selling.
feel the conversion price for Son to Mother of RM1.16 and then maybe higher can in view of the EV project of CFM with EA value of RM5 Billion pledged for their JV..
Warrant WA's conversion price is 1.16.... many are not in the money now..... expiring in Dec '25.... nobody should buy at all... maybe there'll be WB with exercise price of 0.25.
Think Pang 64% stake has been distributed to several of his cronies operators holding 5-10% of CFM to avert UMA and criminal investiagtions….no way Pang can loose RM30-40 million just like that.
Price 24.5 cents If can at least 1 cents up(23.5 or onward) on 6/4/23 by 4pm onward, A buy call Tp 30 cents range 6/4/23 10.25am(Is tht ini kali lah or this is the time).
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....
dompeilee
11,888 posts
Posted by dompeilee > 2023-04-01 07:26 | Report Abuse
Stupig cheats who think they can cheat others without the same consequences blowing back to them eventually...