The price been dropped few days with lesser volume. Could it be strategy to wash retail out? major shareholder seem booked in around 0.55-0.6. Good prospect with future smart nation aim, standardised foreign worker ic, digital Security ID, standard database for government hospital+ good financial position +pp for bumiputra which other ICT counter doesn't done.
Further, with lesser GDP caused by decreased of consumption, government will sure spend more to boost GDP. My 5 cents though.
Possible today issue new shares and determined the price for PP? Since every buy at 0.535 there will be throw at 0.53. Also, there were 4 red candle+today. 5 Day volume average price. Just my 5 cents thought for discussion.
@Newbieinvest123 Possible today issue new shares and determined the price for PP? Since every buy at 0.535 there will be throw at 0.53. Also, there were 4 red candle+today. 5 Day volume average price. Just my 5 cents thought for discussion.
I was having the same thought. But I think not today, maybe few days later.
I guess mykad balance still have around 20% , which due end of this month and government again will change the contract to upgrade or trial on new digital ID ...I GUESS
As a Malaysian, I am more than happy to see more enhanced digitalization in our country, provided personal information leakage prevention is thoroughly implemented.
In my humble opinion, I think government wont rush to execute this. We need to be really patient.
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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....
bigdaddy
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Posted by bigdaddy > 2020-12-21 09:56 | Report Abuse
Buy....