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LYL, if you losed 5 digit, meaning you must have bought atleast 100k for a 10% losed. If losed 6 digit, meaning you bought 1m. Your portfolio with 10 counter must be 10m. But I don't think businessman with 10m gonna waste her time commenting in this blog. Probably I am wrong.
Soon you will hear day traders/speculators that bought at 10.5 & 10 Sen today and sold at 12, 11.5 & 11 Sen on intra-day trades but the” real position” is stuck at average price of 20 Sen plus :-) Speculators would not have the patience and have already bought at the low (high) price prior to the Straits Times news. It was already Endgame Encore after 30/9. VWAP @ 0.12+ today !
eyy yoooo, gg liao, just now straits time say annornymous say 200m owe by zetrix, soon after the edge say comfirmed by transport ministry, so... fake account?
Almost impossible for Day Traders or speculators to make monies in this counter. The only Winner is the Short Sellers. Now, you really need somebody with deep pockets (RM3 billion + funds ) to take over the Company (ie. repay Sukuk, pay dividends, borrowings, debts, creditors and working capital etc.).
Kuala Lumpur: Jabatan Pengangkutan Jalan (JPJ) menggantung perkhidmatan My E.G Sdn Bhd (My E.G) dan Zetrix AI Bhd (Zetrix AI), kedua-duanya di bawah Kumpulan MYEG, sebagai ejen kutipan jabatan itu berkuat kuasa 5 Oktober.
KUALA LUMPUR: Zetrix AI Bhd and My E.G. Sdn Bhd will have their services as collection agents for the Road Transport Department (JPJ) suspended from Oct 5.
In a statement, JPJ said the suspension will take effect at 12.01am on Oct 5 and applies to both companies under the MYEG Group.
Ooh boy. Even the transport ministry ain't gonna get involved with Zetrix. What is wrong with Zetrix that the boss/his team are leaving in a rush? Where did the 2bil sukuk goes to?
Today’s Straits Times adverse news came out since 10am this morning. How can such a material news development not being addressed immediately by the Investors Relation/Board of Directors/AC of the Company immediately after market closed and before Bursa announcement cut off time of 7pm ? Chapter 9 of Bursa Listing Requirements.
How come the news not adressed? Well because they're planning how to siphon more money via the Phillipines and busy suing the banks - you know - the important things! Who cares about the company burning to the ground.