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next the big bosses and operators will buy back cheaply and release good news in months onward. always the way they play. firstly they short , then cover back and next buy back for long.
what a drop! last quarter when posted 560mil ++ profit, for the next three weeks of trading, no movement at all and stayed below rm2.20. such a manipulated counter.
they have been start selling since Nov after the announcement of the bonus warrants. as of latest announcement, they have pare down their stakes around 1.5% @ around 40 millions unit sold.
probably they are readjusting their portfolio in this company due to the issue of free warrants. warrants need to be subscribed into shares in 36 months.
those who think this is a rubbish counter can cut loss and move on. don't fall in love with the counter and at the same don't hate it forever. if it moves it moves no matter how much u love it or hate it
