Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
i tot most of the land owing by SD Guthrie Bhd during demerger in 2017? I guess only but mostly 1.50 . now tariff and share market is not stable. anything can happened. dun ALL IN. when market doom, u cant believe the share price.
Yes. Its very unusual. The amount of volume traded in the last 45 minutes is 50x the usual daily trading volume. But it is important to note that with this unusual high numbers of shares traded has no significant impact on SIME share price. And the timing was also appeared as though it was planned. The setup was also planned. There were bids queued on the other end to take up those sell-offs. This prevents SIME price from falling further. Around 247mil shares changed hands in the last 10 minutes and traded at 1.62sen.
If this happens during market hours, you can expect LD or short circuit breaker ON.
What I can understand from this is, there was a major shareholder relinquished its position and arrangements were made with another buyer to buy their shares. The buyer is also a major shareholder.
We will know soon.
Sime / Genting & PBB group are no longer blue chip anymore. probably buy / sell between foreigners / others change hands. see their volume. This round dividend mostly touch the cold water.