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The Board of Directors of CCB wishes to announce that its wholly-owned subsidiary, Panoramic Industrial Development Sdn. Bhd has on 27 January entered into a conditional Sale and Purchase Agreement with Microsoft Payments (Malaysia) Sdn. Bhd. for a cash consideration of RM120mil.
Well, don’t think people will listen to this kind of positive comment above. They will just think you want to pump and dump, won’t be thinking you wanted to join hand to hold price steady until next boom.
It is pretty simple actually, big fund buy, big player buy, they sell in due time when price is high.
So if the stock is so bad without hope, what for everyday still got lots of stock kena sapu at bottom price.
Just wait and you will know.
A lot stock kena sapu at 1.45-1.55 range, trading volume high. Then China stimulus came and they focus on China meanwhile, once China settled down, come back and price fly again . So there is really nothing much to talk about the basic stuffs here, let the boat sail and feel stupid later. But if they temporarily pause this stock and go get some cash at HK/CN now, then it is pretty wise actually, just not sure when they come back time the price still good or not.
Maybe, I hope so it’s awakening, but based on how the tracker deals looks like yesterday, everytime it drop after some dump, someone will go push it up abit at fractional lots. So yeah it’s quite obvious it’s push and dump, just not sure how long they gonna keep this up. Ride the wave while u can before the party ends