SOLID AUTOMOTIVE BHD

KLSE (MYR): SOLID (5242)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.185 - 0.185

Trading Volume

66,700


6 people like this.

1,144 comment(s). Last comment by Tarita 2 months ago

Fly888888

443 posts

Posted by Fly888888 > 2020-07-24 23:27 | Report Abuse

RM1?????? ini blow lembu terbang ni ....

Fly888888

443 posts

Posted by Fly888888 > 2020-07-24 23:33 | Report Abuse

dex , below 0.20 you buy me one lembu , above 0.40 i buy u 2 lembu in half year , on ?

dex

493 posts

Posted by dex > 2020-07-25 22:29 | Report Abuse

haha, this counter sideways mode. no comment.. i think next QR sure loss one. i still waiting the right time to buy.

dex

493 posts

Posted by dex > 2020-07-28 12:08 | Report Abuse

One day show only. Dont get trapped.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-28 15:21 | Report Abuse

I think it will all depend on the impending results. If good, we can buy some more. If bad, we need to run fast fast. Just scare kena trapped and cannot run.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-28 16:15 | Report Abuse

Looking at the price trend and volume today, it looks like big players purposely pushed up the mother and then the warrants to allow them to exit the warrants (expiring in a few months). Look at the way they baited the buyers and then bit by bit they threw to them. If the latest quarterly results come out tomorrow turns out to be disappointing, all those whose chased warrants today will suffer. So be careful !

gghaha

1,639 posts

Posted by gghaha > 2020-07-29 10:05 | Report Abuse

dont gv any good hope for the last 6 mths sales due to mco.....just let it sleep for sometimes...

Posted by Daniel Ngu > 2020-07-29 16:47 | Report Abuse

Laughing at those who missed the escape chance

Kawan88

26 posts

Posted by Kawan88 > 2020-07-29 17:58 | Report Abuse

Solid - dont think the coming QR will be good as it hit the MCO period where the business are basically shutting down. The are still the +ve side where company is in debt position with so the finance cost could be reduced due to lower interest rate + contribution & synergy effect from newly acquired subsidiaries..

However, if the operator want push the shares. It can still suceed even with a poor result. Vice Versa. Let's wait for the result tomorrow and the show next week...

Solidrock

55 posts

Posted by Solidrock > 2020-07-29 21:27 | Report Abuse

Very strange that warrant up but mother down.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-29 22:56 | Report Abuse

Trap. Careful guys, the warrants going to expire soon and will become worthless. Think twice before buying warrants. If want to buy, better buy mother.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-29 22:58 | Report Abuse

Besides, i suspect the qtr results not good - they are pushing to the last day i.e. tomorrow to announce.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-30 15:08 | Report Abuse

The warrant price is tumbling down....run before it is too late.

howard

212 posts

Posted by howard > 2020-07-30 17:20 | Report Abuse

Hugh loss

MMMMM

183 posts

Posted by MMMMM > 2020-07-30 17:26 | Report Abuse

I think everyone is expect a huge loss during these period of time. Wait.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-30 17:27 | Report Abuse

As expected (see my earlier comments), company fell into the red with RM9m losses. Why gon and chase the warrants? Next Monday sure big drop !

Solidrock

55 posts

Posted by Solidrock > 2020-07-30 17:27 | Report Abuse

The bad result is expected when they delay reporting the QR.

howard

212 posts

Posted by howard > 2020-07-30 17:32 | Report Abuse

sum up previous 13's QR net profit also cannot cover this QR loss

howard

212 posts

Posted by howard > 2020-07-30 17:36 | Report Abuse

Sum up previous 13's QR net profit only 8.2 mil, but this QR loss 8.6 mil

Fly888888

443 posts

Posted by Fly888888 > 2020-07-30 17:57 | Report Abuse

Fly888888 Solid Cash Flow this QR.

cash = 16,180 m

Liabilities = 21,664 m
Current Liabilities = 73,593 m

Total = 95,257 m

Nothing to say ... see you below 0.20 & the Right issue may come , so run fast fast ...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3073289

Kawan88

26 posts

Posted by Kawan88 > 2020-07-30 17:57 | Report Abuse

solid.gg.com.my

Fly888888

443 posts

Posted by Fly888888 > 2020-07-30 17:58 | Report Abuse

Kawan88 - to GG ... the cash is damn less to cover current liabilities , may be right issue is coming ??

dex

493 posts

Posted by dex > 2020-07-30 18:34 | Report Abuse

Walaweeiiii. As expected. I told u already. Its gonna be red liaoo.

Posted by aubergine6958 > 2020-07-30 18:40 | Report Abuse

fly88888 - yes. I feel they need cash. so I tot they will push up the shares let the warrant to be in the money so people will convert

gghaha

1,639 posts

Posted by gghaha > 2020-07-31 18:40 | Report Abuse

Next two qtr also won’t hv good results...just wait next yr again...

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-03 09:24 | Report Abuse

For warrant holders - better run and get back whatever capital u can recover. Warrants going to expire in few months time and soon it will drop to 1/2 sen. I sold all my warrants at a loss and just hold on to mother shares.

yameyamo

333 posts

Posted by yameyamo > 2020-08-04 16:25 | Report Abuse

Liamu This solid , tak solid langsung

yameyamo

333 posts

Posted by yameyamo > 2020-08-10 13:05 | Report Abuse

friday gone....expert... what now?

OckBoy

75 posts

Posted by OckBoy > 2020-08-10 23:26 | Report Abuse

cash so few, do what business oh, dont wan to out own money to do business one? last time from 2.00 ++ until 0.20, can understand, what they want to do?

OckBoy

75 posts

Posted by OckBoy > 2020-08-11 20:27 | Report Abuse

how high can push sin. haha

L A

604 posts

Posted by L A > 2020-08-12 12:23 | Report Abuse

will be fly again buy more already

OckBoy

75 posts

Posted by OckBoy > 2020-08-14 18:42 | Report Abuse

0.20 d . hahahahahahahahaha

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-25 08:55 | Report Abuse

Only directors support can rescue this counter.

OckBoy

75 posts

Posted by OckBoy > 2020-08-25 20:24 | Report Abuse

pocket sendiri mana mau keluar duit

dompeilee

11,889 posts

Posted by dompeilee > 2020-08-26 10:48 | Report Abuse

Bought Solid @ 21c

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-27 08:44 | Report Abuse

300k buy queue at 0.23 - directors woke up to goreng?

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-27 09:09 | Report Abuse

goreng started today.....up up solid gold

sasusa

83 posts

Posted by sasusa > 2020-08-27 11:02 | Report Abuse

Up up

sftong2000

195 posts

Posted by sftong2000 > 2020-08-28 10:43 | Report Abuse

Alamak, this stock should change name to "TAK SOLID".

Or "SOLID LOSS" !

Maybe Valgrovest and Dompeilee already dumped. That's why.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-29 09:23 | Report Abuse

I am still holding the mother. Dumped all the warrants as they are going to expire in 3 months.

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-09-01 17:00 | Report Abuse

Manage buy position below 20cts

sasusa

83 posts

Posted by sasusa > 2020-09-02 09:33 | Report Abuse

Not moving at all

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-09-03 10:19 | Report Abuse

Directors still sleeping or run out of bullets to move.....

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-09-11 10:24 | Report Abuse

At current price of 0.195 no stupid idiots holding the warrants will convert them having to fork out another 0.21. The warrants will probably just lapse by Dec20 and company is even more stupid as it will not derive any cash inflow from warrants conversion. Hope the BOD wake up to this and do something to support their share prices!!!

gghaha

1,639 posts

Posted by gghaha > 2020-09-11 16:45 | Report Abuse

WAITING 0.15.....:)

Posted by birkincollector > 2020-09-29 17:40 | Report Abuse

very good results...hope can finally rebound

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-09-30 08:41 | Report Abuse

Q sell 25cts

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-09-30 09:12 | Report Abuse

Happy to see the good set of qtrly results. Guess the share price will climb back to its previous level as I see no more negativity on this counter.

Posted by birkincollector > 2020-09-30 10:05 | Report Abuse

seems like the directors only wanna collect low and pressing the price too bad

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