@zhm540 i lose 1k last few weeks by playing contra, luckily i decided not to pick up the stock, else i will lose even more! that's what they planning to do, make u bleed gao gao so that ikan bilis like us will let go of our shares at cheap price. 0.215 and 0.13 is way too far, u should have cut loss long ago. If u urgently need the money, nothing u can do except cut loss, if not, just wait lo.
I think I’m gonna cut loss soon too, in such a case, I think I’ll have to choose to surrender and let the big players to take my hard earned money because I cannot afford to lose even a single sen, but unfortunately, I’m losing much more now than I expected. So to all the traders all there, wish the share will go back up real soon and I’m done with this stock. To the big players out there, I’m done with this and thank you for teaching me a good lesson.
W0099 I think 14.5 - 15 is the low People just hold your shares and contra players will loose money All the time you sell cheap to them they win and won’t go away
Management here is smart as they keep the conversion price low hoping all warrants will convert Hopefully when good qtr results come out share price will go up
As long we have the holding power. No worry, if the company balance sheet or finacial are strong. It will at least return to the level before the selldown. My target is 20~25 cents level. Eg. Jaks at one time it was sell down by KYY but the company director still confident with the company bright power generation business. You see what happen after the sell down. Take a look at the warrant price lowest vs now. This is good example for us.
Ya. That's why this company shares high % hold by the director. Also, at one time they faced difficulties to meet the 25% public spread shareholding requirement by SC. Both director hold more than 50% of the company shares. With China Fei Tian hold another 8%.
Syndicate shorting and buying back since day one after the ex bonus issue. Bursa management are sleeping on their job. Either they are negligent or sheer incompetent in their watchdog committee.
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....
ShareShaker
367 posts
Posted by ShareShaker > 2020-02-14 10:41 | Report Abuse
@zhm540 i lose 1k last few weeks by playing contra, luckily i decided not to pick up the stock, else i will lose even more! that's what they planning to do, make u bleed gao gao so that ikan bilis like us will let go of our shares at cheap price. 0.215 and 0.13 is way too far, u should have cut loss long ago. If u urgently need the money, nothing u can do except cut loss, if not, just wait lo.