Please come to Thx in my blog site.If u a know see the chart,weekly and monthly and if its not yet big upward yet and still near my buying price can buy.
SMTRACK - Unusual Market Activity SMTRACK - Unusual Market ActivityILC-10082020-00003Bursa Malaysia Securities Berhad has on 10 August 2020 issued an UMA query onthe sharp rise in the price and trading volume of SMTRACK shares recently. Inthis respect, investors are advised to take note of the Company?s reply to theabove UMA query which will be posted at Bursa Malaysia?s website under thecompanyannouncements,http://www.bursamalaysia.com/market/listed-companies/company-announcements/' target='_blank'>http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision. The contents of the UMAquery is as follows:- We draw your attention to the sharp rise in price andvolume of your Company?s shares recently (?trading activity?). In light ofthe above and in order for investors to be able to make informed investmentdecisions, you are requested to respond, after making due enquiry with yourdirectors, major shareholders and such other relevant persons, to the followingqueries immediately for public release in accordance with Paragraph 9.11 of theMain Market Listing Requirements ("LR"): 1. Whether there is any corporatedevelopment relating to your Group?s business and affairs that has not beenpreviously announced that may account for the trading activity including thosein the stage of negotiation/discussion. If yes, kindly provide the detailsincluding status of the corporate development to enable investors to makeinformed investment decisions; 2. Whether there is any rumour or reportconcerning the business and affairs of the Group that may account for thetrading activity and in this respect, you are required to comply withParagraphs 9.09 and 9.10 of Bursa Securities LR; 3. Whether you are awareof any other possible explanation to account for the trading activity; and4. Whether you are in compliance with the Bursa Securities LR, in particularParagraph 9.03 of the Bursa securities LR on immediate disclosure obligations.Please note that the contents of the announcement must be endorsed by the Boardof Directors of the Company and the announcement must reach Bursa Securitiesimmediately via Bursa LINK.Vice President MSDYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
Seems bursamalaysia just a jaguh kampung... foreign investors mostly run away already, not confident with bursa because bursa now is the biggest casino in Malaysia taking over from Genting Malaysia ! Now mafia from Macau is joining bursa to help bursamalaysia becomes the biggest casino share market in Asia !!
KUALA LUMPUR: Foreign selling of local equities on Bursa Malaysia accelerated to RM937.5 million last week, from RM226.1 million in the preceding week, said MIDF Research.
In its weekly fund flow report today, MIDF Research said this was the 25th consecutive week of foreign net selling.
"So far in 2020, foreign investors have sold RM19.9 billion net on Bursa.
"In comparison with the other six Asian markets we track, Malaysia still has the fourth smallest foreign net outflow on a year-to-date basis," it added.
The firm said as the market reopened on Monday last week, foreign investors had disposed of RM174.1 million net of local equities, in spite of the Malaysia Leading Index (LI) rebounded to 0.6 per cent year-on-year (yoy) in May 20 from 5.7 per cent in the previous month.
This was the highest recorded LI since March 20 due to the reopening of economic activities after the movement control order (MCO).
"Foreign net outflow increased to RM250.9 million and RM336.9 million on Tuesday and Wednesday last week respectively with the largest net outflow of the week on Wednesday.
"The negative sentiments were probably due to the fear of a new wave of Covid-19 infections globally and deterioration of US-China relationship which might impede the recovery progress of the global economy as well as the uncertain domestic political scene," it said.
The net outflow subsided on Thursday at a tune of RM90.3 million, probably buoyed by the positive sentiments on another potential United States (US) stimulus package, better-than-expected US non farm payrolls of 1.76 million additional jobs in July and higher China's exports of 7.2 per cent yoy in July.
"On Friday, foreign net outflow was the lowest at RM85.3 million, coincided with the Malaysia's Industrial Production Index (IPI) which recorded a slower decline of 0.4 per cent yoy in June, mainly supported by the recovery in manufacturing output," it said.
MIDF Research said in comparison to another three Southeast Asian markets, Malaysia recorded the second highest foreign net outflow while Thailand experienced the least.
"In terms of participation, the retail investors recorded a weekly increase of 50.4 per cent in average daily traded value (ADTV) to RM8.4 billion.
"Meanwhile, the foreign investors experienced the least weekly increase in ADTV by 8.6 per cent to reach RM1.7 billion which was above the healthy level of RM1.0 billion," it added.
Macau taiko come malaysia pump up high 14K xiaodi all dump selling to stupid malaysian ...This gang come malaysia they rotation goreng other haven't goreng penny... Macau mafia gang just want money...No money xiaodi how to royalty with taiko...
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....
Michael Kwok
6,442 posts
Posted by Michael Kwok > 2020-07-12 21:28 | Report Abuse
If u can wait 1-2 months yes.But just becareful market correction coming somehere near 4 quarter.Maybe 6-10 percent in KLSE.