widad already oversold, mainly is traders from IB cut loss, even if QR loss 9 mil should not be so low price. last QR loss 7 mil but the price was 50c. expected soon will rebound high
I told u 7 cents. Now 9.5 cents. This is lowest point. Once break, it will go to 6.5/7 cents.
Paktua bought at 0.44. Then crashed. Then he went crazy for a month. Then he came out when it rebounded to 12.5 cents. Now 9.5/10 cents, he goes crazy again. This thing you cant talk big n try to play hero. Down a bit below cost, cut loss.
Maybe there's a chance for a pure speculative play here. As always, when and at what price? If it goes to 0.085, I'm going to take a risk. As @paktua73 had said, with this kind of counter, we can/should just ignore the fundamentals. Usually when they are given up for dead and almost everyone lose interest, they suddenly shoot up. It might come in a few weeks' time, or it might be months. Which means the hardcore speculator must have holding power and not get shaken out.
How the times have changed. Now its reported that Opat sold 80k shares for RM 9,132. For the helangs of Malaysia that should be like loose change that drops out of his pocket when changing into sarung in preparation for Malam Jumaat
Good morning, Widad or "Wedead" group, this is the company given by Mr Karok to develop Langkawi. Where is the source of funds to do that? Only strong cashflow companies invited to improve the Island like Gamuda, IOI Prop, Mah Sing, SP Setia & many others can develop Langkawi successfully. Simple maths & logic.
I took another look at it, even 6, 7 cents also dont buy. It will remain a penny stock 6 - 9 cents FOREVER. This is what 3 billion shares will do to a company whose business just cukup makan only. In case you havent noticed, kapitan opat is selling everyday.
anyone can share how many remaining share as of now OPAT still have and key owner of this company...who is running. it can help us to make wise decision
Instead of selling in the market everyday to drag the share price lower and lower. Why not Opat sells his whole controlling stake to the new shareholder. If he is willing to dispose at 0.08 / 0.09 a piece. The recent example : PMHLDG, the existing tycoon sold off all his stake at 0.06/unit to another and let the new management to grow the company and stimulate the share price.
Opat's shares : direct and indirect stake in Widad = 698,285,785 units. Assumption 1 : matching the price similar to PMHLDG at 0.06, total cost to take over is about RM42M. The Group order book stands at RM1.6B accordingly to the recent report. P/B ratio 0.62, P/S ratio 1.2 (calculation based price at 0.095).
owner &ctonies dump their shareholders like nobody biz. is SC sleeping on this insider trading and letting the price going down? another Sebadinaik ali baba biz.
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....
ID007
603 posts
Posted by ID007 > 2024-02-27 10:20 | Report Abuse
kesian no power