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With high cases in Europe n North America,even institute players want to use RSS to pull down share prices also hard … not easy to drop to below 2.10 for next 5-6 trading days …
Three Omicron variant cases detected in Negeri Sembilan
SEREMBAN (Dec 29): Three cases of Covid-19 of the Omicron variant have been detected in Negeri Sembilan as of Tuesday (Dec 28) and they were all imported cases involving three women who returned from abroad. State Health, Environment, Cooperatives and Consumerism Action ...
Because profits keep dropping each & every quarters. The stock price simply following the trend. Just imagine from the present pandemic to andemic in near future.
TG share price on 31/12/2019 (before COVID-19) was around RM1.65. Now that we are moving ro endemic, share price should go back to that range. Maybe a bit higher coz they have made a few billions during the last few years. But now there are more competition (especially from China) in this industry
A bad QR. Profit back to 2019 levels. TG share price back in 2019 (after adjustment) is around RM1.50. With the current bad sentiment, expect the price to go below RM1.50