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Hey Derek, it was never my intention to do this, it might be the same for your side, you are just being noble to prevent bilis being harvested, I’m sorry for being sarcastic back at you, it’s just that you are too extremist towards one side and don’t leave any space for you to retreat if it comes back to bite you, there is never 100% in stock market, at anytime something will happen either to the company itself or the general economy ecosystem and everything just turn from bear to bull, or bull to bear, I am just surprised you are not scared those daring prediction bite u back. Perhaps you are heavily focus on TA, and is shark-phobia, you are very correct about the sharks withdraw their funds post dividend, pre dividend time they already make a false breakout to lure the bilis in and start harvesting them, but you must also know, sharks is everywhere in stock market, and you need them to push the price up, retail investor lacks the power and technique to push, when to get in and out , u need to follow the shark, if u TA -heavy kind of investor, and if you thinking that all these comments we posted will influence bilis to push up or drop the price by a lot, there is just no way , so there’s no point any big pump will happen without shark, or big dump without shark, just let things be even if you good intention
But then there are many kind of investor out there, some buy at bottom before the shark or any good news, some indicator shows that there is shark buying some at this price level, maybe as preparation, this is almost same case like when it’s dropped from 3.6-3.8 to 3.3 time, but this time the drop is sharper due to bonus issue shark pump, but of course this bear market play style will earn big but carries higher risk if you don’t buy at bottom, like what I’m doing now, don’t follow me, it’s like what you said, anytime the whole thing might roti canai and carries higher risk, every shark’s swimming pattern is different, no guarantee they will pump again also. I’m just betting on Malaysian economy will recover next year and that the company have good plans in progress, since it doesn’t make sense to set esos price 1.16(1.06) for 5 years if the executives don’t think they can earn from it. some just riding the bullish trend when shark pumping so less risk to them like u, also might less earn, but this playstyle is definitely much more safer and more stable, especially in current stock- economic downturn from various geopolitic factors, Malaysian’s actual economic might be just consolidating and waiting more moves from goverment. u might be right , I might be right as well, So maybe we just please leave this counter alone and let time do its thing. I’m tired of this, so farewell , bye and have fun
Ya ya no need to recover, no more bullish trend forever and ever, pls all continue dump below 1.06 until left 0.4 as Derek said, so that the executives cannot exercise their esos, as he is pro in esos topic and accounting, and he is very confirm money to fund esos comes from bilis. In which he is clearly more experienced than all the executives that is dumb to set Esos price at 1.06.
Please support Derek’s accurate Valuation and drop the price, as he is noble and selfless enough to keep coming back to this hopeless counter to warn bilis not to get eaten by sharks with 0 personal interest at all
@Heng, yesterday’s announcement, probably price bottomed/near bottom so they set that ESOS price? Not sure, previously price almost peaked then they sold abit of treasury share. Anyway check the validity date of ESOS, might be good plans for more stuffs in next few years, so the price might go up, then only the esos will make sense to the executives, otherwise it’s pretty much pointless, but nobody knows especially in this generally bearish market now, everything is possible for roti canai like Derek said , even if the projected outcome of Malaysian market is good. No one can say absolutely it will go down or up for 100% confirm sure, whoever that is darn confirm 100% bear/bull is probably either they don’t know better, bull shitting u, time traveler or genius fortune teller
Derek might have taken profit, and wanna buy back at cheapest possible, can’t blame him, or his intention is noble and try to prevent bilis being harvested, anyway we don’t know his situation
To Leong and Heng: just keep quiet and stop asking people to hold due to whatever fundamental, just let them sell, one less headache when bullish trend recovers, just let them listen to Derek please, he is helping to get a discount on the price. Cheers.
To Derek: I kept waiting it to drop back to the 1.12 or lower 0.8 and below like what you said, didn’t buy enough there, please help to lower the price more, why stop those believer from heading to their death right? Just let them loss money and buy a lesson assuming ur valuation is correct, you can laugh at us after that. Please help lower the price some more, thanks.
If anyone wanna cut loss and dump, please go ahead , don’t hesitate ya after u weigh the options, please sell and have peace of mind, cash is king :D
Yea agreed, let time do its work first, very low volume and price seems consolidated for now, in other words, too stable for anything to happen. Sharks are not dumb, they need catalysts or the pump and dump is clear as day, well.. except those that continuous to short against GameStop holding on to their pride previously, fail to see the world is against them, now they make sure to check retail investor’s movement too lol
U got nice neutral points there instead of just shout up or down like some, previous this counter post dividend after price adjustment down, there is a spike after 1-2 days in which I think maybe part of the sharks pump and dump, then standard pathway after that until next catalyst, maybe some of the sharks left or they absorb at bottom again,
This round the sharks didn’t do that, but probably dump all together, it is either they think it can’t go up anymore even if they pump and decided to leave this counter altogether, or they need the price to drop significantly for next pump to have earnings of their appetite. Whatever it is, for any pump to happens, catalysts need to happen