$CEB.MY$
Source: @RH Research
Date: 2024/8/6
Dropped more than 50% in two weeks! What happened to Cape EMS?
The perfect storm, from earnings guidance downgrades, confidence crises, big stock factors, to major shareholder margin calls has been dismantled.
In less than a month, the exchange rate has exceeded 100%, that is, the total number of 992 mil shares has been fully converted. Today alone, there is already an amazing turnover rate of about 25%.
In fact, every unpleasant thing that has happened since last year's listing has buried the fountain pen, triggering a vicious cycle that has led to a crash event that “undercuts” the share price.
1 ️ ⃣ Fortress, a pre-IPO investor who was introduced in 2021, is held by dozens of independent investors who hold about 20% of the shares after the listing. Their cost is RM0.30 per share, compared to the listed price of RM0.90, and a 200% return can be easily accounted for.
They were originally going to cash out, but the exchange set a moratorium for the second half of the year, watching the stock price go higher, but they couldn't sell. Of course, we can't wait to sell after the ban period ends. As a result, the stock price is in a good position on the big plate, but it does not rise, and it has been facing a lot of selling.
2 ️ ⃣ A private placement was conducted in Q4 last year, priced at RM1.07 per share, mainly to raise funds for the acquisition of the US company iConn...
Source: @RH Research
Date: 2024/8/6
Dropped more than 50% in two weeks! What happened to Cape EMS?
The perfect storm, from earnings guidance downgrades, confidence crises, big stock factors, to major shareholder margin calls has been dismantled.
In less than a month, the exchange rate has exceeded 100%, that is, the total number of 992 mil shares has been fully converted. Today alone, there is already an amazing turnover rate of about 25%.
In fact, every unpleasant thing that has happened since last year's listing has buried the fountain pen, triggering a vicious cycle that has led to a crash event that “undercuts” the share price.
1 ️ ⃣ Fortress, a pre-IPO investor who was introduced in 2021, is held by dozens of independent investors who hold about 20% of the shares after the listing. Their cost is RM0.30 per share, compared to the listed price of RM0.90, and a 200% return can be easily accounted for.
They were originally going to cash out, but the exchange set a moratorium for the second half of the year, watching the stock price go higher, but they couldn't sell. Of course, we can't wait to sell after the ban period ends. As a result, the stock price is in a good position on the big plate, but it does not rise, and it has been facing a lot of selling.
2 ️ ⃣ A private placement was conducted in Q4 last year, priced at RM1.07 per share, mainly to raise funds for the acquisition of the US company iConn...
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Aurora Sky
voted
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Just a heads-up:
Earnings Challenge is in full swing! What's your take on SMCI's earnings and its stock performance? Now join the challenge, leverage moomoo's handy features to support your views on SMCI and earn plenty of rewards! Don't miss the chance to win big>>
$SMCI.US$ is releasing its Q4 earnings on August 6 after the bell. Unlock insights with SMCI Earnings Hub>>
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Aurora Sky
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Aurora Sky
voted
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Aurora Sky
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$KUCINGKO.MY$ There is no minimum, only lower, it's really legendary! The other stocks are all up; only it is going downwards. I'm so disgusted!
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Aurora Sky
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Hi, mooers!
Kucingko Bhd is expected to officially start trading on July 26. According to the animation production house company, it has received 21,929 applications for 2.5 billion shares, far exceeding the 25 million shares available for public subscription.
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Kucingko Bhd is expected to officially start trading on July 26. According to the animation production house company, it has received 21,929 applications for 2.5 billion shares, far exceeding the 25 million shares available for public subscription.
How will the market react to the IPO results? Make your guess now!
🎁 Rewards:
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Aurora Sky
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Join the Q2 Earnings Challenge and share 30,000 points! Tap to learn more!
$AMD.US$ and $MSFT.US$ are releasing their Q2 earnings on July 30 after the bell.
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$RHBBANK.MY$ Please don't go up any more. Tigers are too expensive to handle. Now that you take off, what else can I charge
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Aurora Sky
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$OFB.MY$ I think it's a bit old stock 😡
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