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He has nothing to lose since he has no money! Haha. It is the same trend we saw with Focus Dynamics a few years ago. Many people kept investing at 2–5¢, thinking they were safe compared to its peak of 90.5¢. Unlike cash-rich Focus with high gross margins and highly visible assets like The Arch Galeries, Tango’s finances are an accounting nightmare. Even a 0.5¢ (RM30.67M market value) or 1¢ (RM61.34M) valuation is a burden for a company that lacks cash!
Fake Musaddiq: Fiona, thank you, and belanja you 大閘蟹, hehe:) I am at Hongseng now preparing the crabs, haha:) Tanco ada IDSS (Intraday Short Selling); so, readers here semua bodoh, hahaha:)
now can find some support but again it is very high risk, people already lost confidence so the fundamental is kong, it will take very long time to rebuild, you buy now is to play short term for possible rebound but definitely not to hold long
Guys please don't keep attacking Musaddiq. Uncle has seen crazy things happen to people in Uncle's time in the markets, if anything were to happen it would be tragic. As Uncle advised earlier, there is no such thing as get rich quick, it is all a scheme and the only sure way to generational wealth is to become a superinvestor, Uncle have met many traders during the early days, until now they remain as "traders" (aka losing gamblers) while Uncle has gone ahead. Hope you learnt something today
Helloy everybody.....everything okay? haha i just told u allready 0.12 is the lowest point that cant be broken. My TP remain the same 0.5 Get my word n trust me ahahahaha, also see at bigger TF monthly 0.2 is strong sapot area, must rebound first before continue drop, if price want it... 恭喜发财
TJN Capital still hold 1.9billion unit of shares in tanco after disposed 88million. aiyo. TJN susah mahu jual habis dekat open market ma. kena buat trick tipu fake buying lor.
No worries, BS Musaddiq guarantees your losses below 50¢. Hahaha! This guy has no concept of the money required to raise it by just 10¢—RM613.4M! Unless Papa Musaddiq owns a money printing machine, hehe. :)
Google AI:
"The risk of Tanco Holdings Bhd (KLSE: TANCO) falling below 10 cents is high and imminent. Following a catastrophic correction from its recent peak of RM1.76, TANCO is trading near 13 sen and actively challenging its 52-week low of 12 sen. [1, 2, 3]"
Always like this, when he recommend if up he will said "See? i told u all ady right?". If down, mana itu budak cakap "Get my speak" tu? Chinese said "马后炮"，这种人见多了。