$CEB.MY$
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...

$OFB.MY$
It's the only one.
First Day Listing
Falling to stocks that are lower than their opening price
Fish turned into pirates, cut leeks one day
Extremely unsuccessful

$MARCO.MY$
Why did the interest rate break today and the trading has not started yet, and the price immediately fell from 1.9 to 1.7???