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i heard rumors why Bawang keep on selling his Serbadk stock. Apparently he need money because he's interested to buy IPO of another sarawak company that will be listing in July. Reading the annual report this Reservoir company is fundamentally good, the revenue growing from 9mil to 80mil in just 4 years, profit from -300k to +20mil in 4 years.
Not everyone is analyzing it that deep. Most trader only care about positive earning number, and this will spur their emotion to buy. Its time to hit and run.
waiting for director to finish swapping the saham. KWAP already going in multiple time since last week, parking their fund. If not this week, then hoping next week will fly.
KWAP keep on pumping their money and parking their fund in this counter since past few days. The oil market is already up. I hope this counter gonna fly soon.
what happen? all healthcare and glove going down, despite good 1st quarter earning. Though Malaysia almost beating covid, the US and china is still facing 2nd wave. The demand should still hold. Or is this due to short selling by big player?
rumors regarding IoMT technology has been going around since early May. This deal wont materialized immediately. Currently the company financial report still in red. Will wait until this news report come down and will see maybe next quarter report
what happen? all glove counter going down. In fact KLSE also taking big hit, down 3%. This is even worse compared to last friday due to US market crash.