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The Company struggles to perform, NTA is only 0.0609, and has poor cash flow. Makes no sense share value can be RM 1.140 with Market Capitalisation of 6.9 billion.
Looking at the Shareholding Changes, we can clearly see the Management, buy and sell amongst themselves to keep the counter interesting. Is funny to see, today the Director will sell millions of shares, then tomorrow buy millions of shares.
Bursa should put this type of Company on watchlist.
Cannot trust all this public funds, they will 'koyak' anything they touch. Suka-suka buy and sell. LBS was the first few, and now others are feeling the pain as well.
OSK is still strong because they don't have public fund as major shareholder.