Post #4 - MY P/L Challenge
There is a notice about EPF purchasing 27mil + of Nestle MY stocks, abd this represents 11%+ of the company.
However, when I look at the share-holding structure, it appears EPF already holds 11%+ of the company. So my question is, is this chart in Moomoo app before or after the announcement?
If what's in the notice has already been executed, I'm surprised why there is no price trend reversal with such a big volume. I guess it will be a good news for me if it has not been executed yet, because it will mean upcoming price trend reversal , and also institutional interest which means fundamental thus us a good stock for the current time.
Just that, a bit too bad for me for going in too early.
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I'm a casual investor from Malaysia, learning, diversifying, and taking charge of my retirement funds.
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103706768 : Not really compared to other bursa listed company NESTLE is still majority owned by their mother company. 10mil myr is a drop in a bucket for citi, its not even a huge position