Very good news should be coming out soon, as take over is imminent. Hopefully the price is around RM2/ share. Anyway look at Ewein, though offer price is low, now trading at double the offer take over price. !!
Ewein is pure goreng by syndicate hired by the owners. The privatisation attempt at low price is just a show by owners to tipu SC/Bursa. But we can see thru their lies. Casino De Bursa mah
IJmplant NTA was about $1.64 then. KLK paid $3.10 Therefore, It was sold based on about 1.90 x book value or NTA. IJMplant's estate are about half in sabah and remaining half in Kalimantan, nothing in peninsular.
why take profit in a hurry? 28.4 million share traded today and at uptrend price. Is this not an indication that something good is very near and operators who privy to information are loading up ??
Despite yesterday huge volume traded with considerable price increase we don't see profit taking activity today. I guess that's very positive . The next resistance is $1.20 which is no a strong one. I think price may cross $1.20 resistance convincingly within days. Thereafter the sky is blue.
i dont know why... i can feel / see that.... after Tok Mat sounded.... no big institution is throwing price now to keep it below rm1 like last time... maybe will allow it to free flow TO THE TOP.... haha good good...... huat arrr
About 11 mil shares traded today is not small. Weighted average price traded is $1.18. It closed at $1.19 and considerable trade done after price fixing at 4.45pm. Isn't it a very encouraging sign for something big going to materialize ?
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....
Heavy987
135 posts
Posted by Heavy987 > 2023-08-03 23:04 | Report Abuse
At what price ?