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Today, we see a significant downfall in share price for Globetronics Technology (KLSE: GTRONIC), primarily due to the knee-jerk reaction to the resignation of KPMG as their auditors.
While I understand the concerns coming from investors, I still think that the drop is too much, leading to a low in share price in over a decade.
GTRONIC, in reaction to the share price, had made a public release where they are shortlisting UHY Malaysia as th...
While I understand the concerns coming from investors, I still think that the drop is too much, leading to a low in share price in over a decade.
GTRONIC, in reaction to the share price, had made a public release where they are shortlisting UHY Malaysia as th...
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$YNHPROP (3158.MY)$ Time to accumulate.
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According to The Edge, $GENETEC (0104.MY)$ fell as much as 26% or 37 sen to RM1.05, its lowest since July 2021. At 9.45 am, the stock was trading at RM1.15, on course for nine consecutive sessions of decline. (View original at Genetec shares plunge to July 2021 low, nine-day sell-down wipes out RM614m value)
Source: Malaysian Investment Development Authority (MIDA)
Interestingly, one of the largest shareholders, EPF holding up to 71,510,900 or 9.208%...
Source: Malaysian Investment Development Authority (MIDA)
Interestingly, one of the largest shareholders, EPF holding up to 71,510,900 or 9.208%...
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$GENETEC (0104.MY)$
An insider offloaded his stake from 2023Q1 (12.03% to 1.37%), while EPF top up from 2023Q2 (2% to 9.23%) to the latest. Along the way, roughly 2.8% stakes are picked up by other smaller holders and retailers. Now EPF owns the biggest stake in the company.
With smaller stakes in the company, it's interesting to see how these insiders perform ?
An insider offloaded his stake from 2023Q1 (12.03% to 1.37%), while EPF top up from 2023Q2 (2% to 9.23%) to the latest. Along the way, roughly 2.8% stakes are picked up by other smaller holders and retailers. Now EPF owns the biggest stake in the company.
With smaller stakes in the company, it's interesting to see how these insiders perform ?
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104899013 : It happened the day when KPMG resigned from gtronic. Price dropped from 80 cents to 0.54 cents. It is not today disposed.