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Those big institutions are disposing their tickets, only those gambler or 投机 investors would grab the tickets from them at this moment.
#Serbadk
#Serbadk
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$GTRONIC (7022.MY)$ Yesterday, due to the resignation of external auditors, the stock fell sharply. However, the company issued a statement in the evening stating that this matter does not affect the company's operations, which restored investors' confidence. The stock price surged 15% this morning.
Affected by the unexpected resignation of external auditors PricewaterhouseCoopers (PwC) and the previously released disappointing performance, Dongyi Electronics plummeted 32.5% or 26 cents to a 10-year low of 54 cents on Tuesday (10th).
The company issued a statement yesterday evening explaining that PwC resigned voluntarily and has designated UHY as the new auditor, and that this matter does not affect the company's operations. As a result, the stock has already recovered its vitality. This morning, it opened slightly higher at 55.5 cents and even rose to 62 cents at one point during trading, up 14.8%.
Afterward, the stock gave back the gains and temporarily closed up 4.63% or 2.5 cents at 56.5 cents by noon recess. The trading volume was 89.61 million 3800 shares, making it the hottest stock in the market.
In the first half of the fiscal year 2024, Dongyi Electronics has been underperforming. Previous released performance data showed a year-on-year decline of 10.80% in revenue and a 3.69% decline in net profit. The stock price has also been declining, with a 66% decrease since the beginning of the year, causing the market cap to evaporate 0.73 billion 30 million ringgit.
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【Reporters】 @AUSTIN CHONG
【Full Text】Click to read, the current state of Dongyi Electronic cash!
–––
Source of Information: Nanyang Commercial News
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment or investment strategy.
Affected by the unexpected resignation of external auditors PricewaterhouseCoopers (PwC) and the previously released disappointing performance, Dongyi Electronics plummeted 32.5% or 26 cents to a 10-year low of 54 cents on Tuesday (10th).
The company issued a statement yesterday evening explaining that PwC resigned voluntarily and has designated UHY as the new auditor, and that this matter does not affect the company's operations. As a result, the stock has already recovered its vitality. This morning, it opened slightly higher at 55.5 cents and even rose to 62 cents at one point during trading, up 14.8%.
Afterward, the stock gave back the gains and temporarily closed up 4.63% or 2.5 cents at 56.5 cents by noon recess. The trading volume was 89.61 million 3800 shares, making it the hottest stock in the market.
In the first half of the fiscal year 2024, Dongyi Electronics has been underperforming. Previous released performance data showed a year-on-year decline of 10.80% in revenue and a 3.69% decline in net profit. The stock price has also been declining, with a 66% decrease since the beginning of the year, causing the market cap to evaporate 0.73 billion 30 million ringgit.
–––
【Reporters】 @AUSTIN CHONG
【Full Text】Click to read, the current state of Dongyi Electronic cash!
–––
Source of Information: Nanyang Commercial News
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment or investment strategy.
Translated
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$GTRONIC (7022.MY)$ it's time to buy in
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PHG OP robot 37 : neh...already sold some..but till now still hav tis...5 percent something
PHG OP :
PHG OP 105229171 : morning star