CNERGENZ BERHAD

KLSE (MYR): CNERGEN (0246)

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Last Price

0.46

Today's Change

-0.035 (7.07%)

Day's Change

0.46 - 0.465

Trading Volume

21,200


1 person likes this.

1,076 comment(s). Last comment by Income 3 weeks ago

CharlesT

14,945 posts

Posted by CharlesT > 2022-08-18 20:50 | Report Abuse

If not call u ah? Lol

rr88

6,532 posts

Posted by rr88 > 2022-08-18 22:05 | Report Abuse

I tell u now what u oredy know. Org lama sure know one.

All these are operator game.

1st day ipo operator from insider who got shares at ipo price conned people by doing churning trades left pocket trading with right pocket to offload their shares at 0.68/0.70. Thereafter price slide down everyday until 0.46. In trading world 0.70 to 0.56 drop is a disaster. To 0.46 is a major disaster. All kena tipu.

Then nasdaq in US ada reverse course. Then so called tech stocks started to gain peoples interest. This one started to move up with low volume.

Then an operator, different than 1st day listing operator, moved in to play goreng. Goreng is they control the game bidding higher n higher n support n absorb selling. It works when more n more people jump into the game. You jump in, i jump in mode.

Up to certain level at their choosing or after they having difficulty to play it higher, they will control the trades to distribute or unload. This is where they are very good at. To con people thinking that it will climb higher. Looks like they r buying, when actually they are nett selling.

Once they r done, as price falls, they are no longer supporting it. Until such level, at their choosing, if they decide to play it one more time.

As this speculative hot stock will remain hot for a while, meaning people like to jump in n out at different levels for quite a while, they will play this pump n dump game more than once.

Until such time, when they try to play it, people no longer want to play, then that would be the last time they play. Price will then go down sharply b4 drifting lower n lower back to square 1.

The naives one who are late to escape or who look to fundamentals or to hold it long term will get burnt kaw2 or suffer massive paper loss forever.

Because the chances for this once hot stock to become hot again is very slim.

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-18 22:12 | Report Abuse

Hi guys

I hate pump and dump stocks like Gpacket & MMAG which i gave warning to sell at Rm1.60 each

Pang 72 & speakup were given warning

Today both collapsed by 90%

This cnercen looks like another pimp and dump

Profit only 2.22 sen or 9 millions

BUT LOOK AT ITS BALANCE SHEET

FROM RM33 MILLIONS RECEIVABLES IT HAS BALLOONED TO RM70 MILLIONS (IOU)

IF MINUS RM37 MILLIONS (IOU) THIS QTR IS NEGATIVE EARNINGS


SO BETTER SELL THIS PUMP AND RUN STOCK

THE CFASTER YOU GET OUT THE SAFER FOR YOU

GO BUY TSH RESOURCES AS LAST QTR PROFIT IS GENUINE 6.99 SEN

STAY VERY SAFE


REGARDS
Calvin

VTrade

2,434 posts

Posted by VTrade > 2022-08-18 22:25 | Report Abuse

Semua also oil

Oil wti
Soyoil
Palm oil

All planting oil terjunam
Oil hitam up
Why?

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-18 22:58 |

Post removed.Why?

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-18 23:56 | Report Abuse

this kind of balance sheet looks like jaks and Sendai

later can collapse by 80% to 90% wipe out

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 07:11 |

Post removed.Why?

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-19 08:15 | Report Abuse

No paktua73

Cannot chase this now

Remember jaks turned to Jaws and you lost Rm87, 000

This one also not yet show real profit but receivables which are "IOU"

CAN TURN INTO BAD DEBT IF NOT COLLECTED

BETTER GO BUY TSH SAFER AS ITS PROFITS OF 6.99 SEN IS CASH

xuxu

5,854 posts

Posted by xuxu > 2022-08-19 08:33 | Report Abuse

beli sawit lagi teruk, jtiasa jatuh gila

xuxu

5,854 posts

Posted by xuxu > 2022-08-19 08:35 | Report Abuse

Indon tanah luas sawit lagi banyak

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 09:53 |

Post removed.Why?

xiaohe128

72 posts

Posted by xiaohe128 > 2022-08-19 09:56 | Report Abuse

calvintaneng need to change your market trading style d..
Understand a big picture trend is more important than you look in a single company..
i admit your method picking company is good, but you lack of trend sense...

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-19 10:50 | Report Abuse

now syndicates pumped and run by distributing to naive, water fish, sardine, sotong and ikan bilis holding a stock with high IOU in acc

xuxu

5,854 posts

Posted by xuxu > 2022-08-19 11:04 | Report Abuse

buying palm oil stock lagi waterfish hehe

xiaohe128

72 posts

Posted by xiaohe128 > 2022-08-19 11:17 | Report Abuse

palm oil counter is undervalue..but got any point?
it cant up..trading a stock is find a potential to give you multifold.

Posted by SpiritLance > 2022-08-19 11:27 | Report Abuse

Cathy Wood's mind is full of digital dreams and pixels. Need to step back into reality and realise what is physical and what is digital. Every morning, she consumes a bowl of computer chips and an ice blended graphics card. Terrible what believing in something of no value can do to you.

She should sign up to work at one of my oil palm estates. I will pay her handsomely, so she can cover some of her physical losses that hath occurred due to her digital dreams.

rr88

6,532 posts

Posted by rr88 > 2022-08-19 11:43 | Report Abuse

GAME OVER ACROSS THE BOARD.
This afternoon gostan a little.
Next week ALL stocks will GOSTAN A LOT.

SELL EVERYTHING AND MOVE TO SIDELINES WITH 100% CASH.

Posted by EatCoconutCanWin > 2022-08-19 12:02 | Report Abuse

Har... Gai lo like that..

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 12:03 |

Post removed.Why?

pang72

51,486 posts

Posted by pang72 > 2022-08-19 12:36 | Report Abuse

RR88 sifu,
Really gostan?
Then, you shld add more mah

pang72

51,486 posts

Posted by pang72 > 2022-08-19 12:37 | Report Abuse

Record QR to tell you the demand is huge jump Q to Q, correct? No meh?

Posted by SpiritLance > 2022-08-19 12:41 | Report Abuse

Sifuest Cathy Wood say... believe in growth of tech. Cannot stop growing one. So, keep absorbing the red shocks, fishes!

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-19 12:51 | Report Abuse









BETTER SELL CNERGEN AND BUY TSH RESOURCES

See Paktua lost in Jaks

Posted by paktua73 > 35 minutes ago | Report Abuse

waa paktua also cutlost ready stingray..
paktua still hurt woo
lost almost rm87k in jaks
waaa waaa

VERY SAD

PAKTUA LOST RM87,000 IN JAKS

NEXT TIME BETTER TAKE WARNING OK
https://klse.i3investor.com/web/forum/forum-thread/600167328

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-19 12:57 |

Post removed.Why?

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 13:43 |

Post removed.Why?

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 13:47 |

Post removed.Why?

lee77

1,042 posts

Posted by lee77 > 2022-08-19 14:13 | Report Abuse

Dun flighting....all sifu..
We all in here is to earn money

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 14:23 |

Post removed.Why?

lee77

1,042 posts

Posted by lee77 > 2022-08-19 14:28 | Report Abuse

@paktua..73
Thanks for telegram group...and advise.

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 14:34 |

Post removed.Why?

xuxu

5,854 posts

Posted by xuxu > 2022-08-19 15:14 | Report Abuse

if the plantation counters are good, not need to promote here and there, ppl will buy also without this singie promoting

rr88

6,532 posts

Posted by rr88 > 2022-08-19 15:15 | Report Abuse

I told u dy.

All who jumped onboard sfptech, agmo n cnergen n mmsv thinking 2020 tech superbull will return will suffer heavy losses.

As they are psychologically trapped when prices retreat and fall back down.

Not too late to escape!

paktua73

18,324 posts

Posted by paktua73 > 2022-08-19 15:18 |

Post removed.Why?

xuxu

5,854 posts

Posted by xuxu > 2022-08-19 15:20 | Report Abuse

hehe rr88 mari kacau lagi

icecool

5,022 posts

Posted by icecool > 2022-08-19 15:33 | Report Abuse

dropping better cutwin before too late and cutlost

Jack737

33 posts

Posted by Jack737 > 2022-08-19 15:35 | Report Abuse

This is not pump n dump. Another tech gem in the making.
Will be like Vitrox, Great Tech n UWC.

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2022-08-19 15:40 | Report Abuse

Sell,sell,sell broadbase selling coming.
19/8/2022 3.40pm

mf

29,133 posts

Posted by mf > 2022-08-19 16:29 | Report Abuse


US 30

33,818.80 34,013.40 33,806.70 -180.2 -0.53% 04:29:28
US 500

4,252.90 4,285.10 4,252.30 -30.8 -0.72% 04:29:21
US Tech 100

13,373.40 13,511.60 13,370.50 -132.6 -0.98% 04:29:26

lee77

1,042 posts

Posted by lee77 > 2022-08-19 16:32 | Report Abuse

All newcoming tech company stay above Rm1.0 expect energen
Lgms : Rm 1.08
Spftech : RM 1.16
Cnergen : Rm 0.890

Posted by Michael Tan > 2022-08-19 16:54 | Report Abuse

Chief Executive Officer of Cnergenz, Mr. Lye Yhin Choy said, “We continue to see a steady inflow of orders in the recent quarter for our integrated solutions and standalone SMT machines and equipment in the Malaysian, Thai and Vietnamese markets where we operate despite the global headwinds that the technology sector is encountering, attributed to the gradual reopening of economies in these countries which have contributed to increased sales and new enquiries for our products and solutions. We believe that the inflow of orders will continue to grow following the recent global uptick in sales of semiconductors, particularly during the second
quarter of 2022, coupled with the continued demand for our solutions and products amongst industry players within the E&S Industries.

As of 30 June 2022, we have secured purchase orders totalling RM72.60 million, out of which RM61.16 million are expected to be fulfilled by the end of 2022 and RM11.44 million are expected to be fulfilled by the end of 2023.”

lee77

1,042 posts

Posted by lee77 > 2022-08-19 17:11 | Report Abuse

Shall stay above Rm 1.0
See on next week.. Rm 1.0....

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2022-08-19 19:33 | Report Abuse

Sell call 87-89 cents.
Tp 60 cents range.
19/8/2022 7.33pk

mf

29,133 posts

Posted by mf > 2022-08-19 22:05 | Report Abuse

Dow Jones

Dow Jones Industrial Average

33,765.89

-233.15

0.68%

Nasdaq

NASDAQ Composite

12,758.11

-207.22

1.59%

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-20 17:46 |

Post removed.Why?

Ven Pandora18

2,182 posts

Posted by Ven Pandora18 > 2022-08-20 20:18 | Report Abuse

Adui
Calvin sifu has been heavily promoting TSH.

Y BECOME PROMOTER LEH

Posted by redhotpepper > 2022-08-20 20:45 | Report Abuse

@calvimtaneng thanks for your highlight and concern. At this stage it might go up and breach rm1 or group of operator might push it down to take profit again. Buy on your own risk and prepare cutlost as part of your risk mgmt. Cheers!

calvintaneng

56,541 posts

Posted by calvintaneng > 2022-08-20 23:09 |

Post removed.Why?

Alwinb

81 posts

Posted by Alwinb > 2022-08-21 16:57 | Report Abuse

Revenue 79 mil but Inventories and receivables increased by 54 mil while payable shot up by 42 mil... Certainly a big big red flag

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