@leaks, Of course anything including a bankruptcy is possible with a China company that lacks transparency I am just trying to understand the manipulators game-plan If they are throwing all the shares it is likely pointing towards bankruptcy, But the issue here is they are holding the shares, playing buy-sell among themselves in other words manipulating, and pushing the price down. Why are they selling at 0.035 now when they were selling at 0.06 few weeks ago, and there were enough buyers then. They could have thrown it all at the higher prices Any clue or theory on their strategy?
@WanEmdibi Hmm... interesting. Looks like the game is boss A selling to boss B selling to boss C selling to boss D selling back to boss A... they still holding the same % of share at the end of the day.
cap fundamentally is very weak.. china base company (Cap) used false information and entered in Bursa much higher than its actual prices. they declared asset a few time higher than what actual worth. they sold the stokes in 2013 - 2014 and made huge money a few times more than what their assets worth. CAP is not more worries about its share price . they are in china and there is no justice there. next month selling price Q will be 0.005 and nobody willing to buy. CAP owners made money in 2013 and left malaysia. what remains are pics of papers...
Hello. Don't talk nonsense please. Today seller was contra player when they bought last few days ago. Long term keepers would not sell one. Cap still strong. I believe os the strongest among all China counters. If cap cannot survive. Maybe all China counters in Malaysia will kena kick out from bursa. Because this is very serious case already .
The recent issuance of additional ESOS shares totalling 10% to all the directors, senior management and employees at 6 sen. These people know the company and the business better than anyone of us here. So, ponder about it before speculating all sorts of negative allegations. Are they foolish to subscribed to the ESOS at 6sen?
If entry already, then have to pump in because the share might drop to 2 cents . I guess from 2 cents shoot to 4 cents , them had already earned up 100 % . After tat they will give up in playing this share
IPO 150 million shares at 68 sen = RM 102 million Now at 3 sen, value at RM 4.5 million So 102 - 4.5 = RM 97.5 million in China as Ang Pow for owner GongXiFaChai Hong Bao Na Lai
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....
bursabursa
346 posts
Posted by bursabursa > 2016-06-14 21:18 | Report Abuse
This counter will down for sometime and sudden shoot. Like Kanger. They planned.