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major shareholders putting bait out to lure small fishes to join the goreng party... same happening to property counters...ecoworld, Spsetia, mahsing ....all gone wild...dare to play? don't play if not ready to lose money...
Typically funds exercising portfolio rebalancing. Pre closing at 4.45 pm and thereafter is for matching trades. Retails wouldn’t have such big volumes to be matched. Possible explanation is funds exercising portfolios rebalancing. It happened on a few counters just now. Funds/insti probably wouldn’t want to risk it as Trump is expected to announce HK response tonight
Traders dont really care the math becuz like Rubber glove sector, they just goreng without actually calculate how much those companies worth or how much business grow in the pandemic
Same happening in Hibiscus, traders dont care how much Hibiscus going to earn even if they know Hibiscus got more oil farm and developments are coming.