$RHBBANK (1066.MY)$ Thinking of selling now.

$99SMART (5326.MY)$
Whoo hooo....let it roll babe! Keeping for long term now

Hi, mooers!
$99SMART (5326.MY)$ is expected to officially start trading on Sep 9.
For the balloting in respect of applications received from the Malaysian public, a total of 49,354 applications for
678,585,100 IPO Shares were received, resulting in an overall oversubscription rate of 3.04 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 am M...

$CEB (5311.MY)$ Have you seen Tesla drop to 150+ before the results came out. After announcing poor results, it soared all the way to 200+? Although they can't be compared, sometimes the stock market plays like this. Some of the good results have been rising for many days before they were announced, and as soon as QR came out, it was inexplicably falling. Some, like CEB, plummeted early, and when bad QR came out, it didn't drop much. The reason is that the market will evaluate whether it has fallen too far, and with the previous decline method, I thought the previous quarter's results were a big loss, but that's not true; profits are still stable. I'll give it 3 days to see how.

$CEB (5311.MY)$
Source of information: @RH Research
Date: 2024/8/6
What happened to Cape EMS, which fell more than 50% in two weeks?
A perfect storm, from the downward revision of performance guidance, confidence crisis, market factors, to large shareholders being margin called and forced to liquidate their positions.
Within less than a month, the turnover ratio has exceeded 100%, which means that the total shares of 992 million have completely changed hands. Just today, the turnover rate is about 25%.
In fact, since its listing last year, every unpleasant incident has laid the groundwork for a vicious cycle, leading to the collapse of the stock price.
1️⃣ As early as 2021, Fortress, a Pre-IPO investor, was introduced, with about 20% stake held by dozens of independent investors. Their cost per share was RM0.30, compared to the listing price of RM0.90, which allowed them to easily make a 200% return.
They originally intended to cash out, but the exchange set a lock-up period for the second half of the year, forcing them to watch the stock price rise without being able to sell. When the lock-up period ended, they rushed to sell, resulting in the stock price not rising during a good market condition. They faced a lot of selling pressure.
In Q4 of last year, a private placement was conducted at a price of RM1.07 per share, mainly for fundraising to acquire the American company iConn...

$KUCINGKO (0315.MY)$ Kucing lack of power, meow

$KUCINGKO (0315.MY)$ I've been in the art industry for the past 10+ years. From my point of view, this company just wants to make money from IPO and cut chives (割韭菜). Not really recommend, but can try go for short terms. plus, due to the rise of AI, art industry isn't doing very well because of that.