The FBM KLCI (-1.0%) was firmly lower in the negative territory for the entire trading session and it has below the SMA200 level as investors’ sentiment remained cautious amid the pullback in the regional markets. Market breadth remained negative as the losers hammered the gainers by 624-to-422 stocks. The property sector (+2.4%), however, outperformed the negative broader market, led by ECOWLD (+14.5 sen), SPSETIA (+6.0 sen), SIMEPROP (+2.5 sen).
Top 3 Active stocks: KANGER (0170): RM0.045 (-1.0 sen) BENALEC (5190): RM0.155 (+1.0 sen)
Syarikat ni mcm ada banyak masaalah... tak henti henti... tahun lalu mcm hero... tahun ni situasi semakin parah. Mcm banyak mismanagement sampai investors pun tak ada semangat.
Lol, no wonder price limit down 2 days ago, Karim also jump ship already, prepare to go Hawaii already with your money, you still want to stand hold. I salute your loyalty
27/10: 14.36mil shares disposed at 0.265 28/10: 20.877mil shares disposed at 0.155 29/19: 12.817 mil shares disposed at 0.18 total disposed : 48 mil shares I guess all DBT,Kao lat liaw,disposed way under today closing price,disposed more than 20% of his holding in Scib!
I think the disposal not ended yet, he going to slowly dispose everyday until scib suspension on 9th November to clear all his holding to retire early just like Awang
Serba is heading down it seems with the SIR, the SIR does not seem to be good. their reluctance to announce is very suspicious. good la with him exiting, then SCIB and kpower can all pancut and not kena collateral damage
Good that Karim disposed SCIB because both company are not the same and the only reason SCIB being drag down is because of Karim connection where he is one of the major shareholder. Now the price sinking to this low also because of tussle between SD and KPMG which cause SCIB to suddenly change auditor which cause them unable to report AR on time. All issue is cause by Him or connection to him. Better for him to disposed SCIB entirely and focus on SD only.
Once suspended, K is unable to liquidate and its better to liquidate now. Anyway he could make it back with another creation of sensational news in the future.no big deal...
I think Karim jump ship because he expects shoplot bank soon will reduce margin finance of these 3 company to 0. He use margin to buy, afraid force selling. No run = die if suspension. He need to use cash to cover all his holding.
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....
dimmubroker
563 posts
Posted by dimmubroker > 2021-10-29 16:30 | Report Abuse
Scib among the active counters
M+ Online Market Wrap - 28 Oct 21
FBM KLCI: 1,566.86 pts (-16.22pts, -1.02%)
The FBM KLCI (-1.0%) was firmly lower in the negative territory for the entire trading session and it has below the SMA200 level as investors’ sentiment remained cautious amid the pullback in the regional markets. Market breadth remained negative as the losers hammered the gainers by 624-to-422 stocks. The property sector (+2.4%), however, outperformed the negative broader market, led by ECOWLD (+14.5 sen), SPSETIA (+6.0 sen), SIMEPROP (+2.5 sen).
Top 3 Active stocks:
KANGER (0170): RM0.045 (-1.0 sen)
BENALEC (5190): RM0.155 (+1.0 sen)
SCIB (9237): RM0.23 (-6.0 sen)
Volume: 4.05 bn (100-day avg vol: 4.73 bn)
Value: 2.73 bn (100-day avg val: 2.97 bn)
Market Breadth: ⬆422 ⬇624
Crude palm oil: RM4,916 (-RM50)
Dow Futures: 35,410 pts (+21 pts)
Source: Bloomberg, M+ Online