$LSH (0351.MY)$most IPO losing money recently. Even private placement like$HEGROUP (0296.MY)$is always sucks. Recently they have private placement at RM0.4. 25% lost when stock available in the market.
2
3
Report
103421772
:
Shareholders sell 0.4, the market buys back cheap stocks, after having enough, it pulls down the price, trapping small shareholders.
103421772
:
Listening to what those analysts say is like a pig climbing a tree. They can set the target price however they like and change it at will. Licenses might be bought.
103421772
:
Hey! Only with volume can there be value; if there is no market created, how can it rise. Each day there are only a few small trades, what a joke.
$MYEG (0138.MY)$ really bad timing, 1.2B debt, profit 700mil, still need PP rm350mil. at today's closing price of 0.875, it's a similar pattern i learnt from just recently cut loss case from$HEGROUP (0296.MY)$, once dropped below the offer price, gone case. will big fund such as FF and institutions push it back to 0.925? or snow ball back all the way to PE 9 which is around 0.8? or worst, no support at all? what do you guys think?
7
Report
AverageInvestor
:
Id say the market is reacting to: 1. Crypto bearish look: directly related to MyEG’s business. 2. Jittery global market: with US bearish sentiments due to all the uncertainties from tariffs + Overvaluation correction (By end of 2024, most US stocks were inflated) 3. PP: the decision could not come at a worse time. Inflated crypto market + Good growth & results may have been the reason for their decision. I almost am certain the last month’s events were not taken into consideration. In summary, MyEG is on sale at the moment, ill be buying. To get back up, positive quarter results + clear plan (and possibly prelim results) with the raised funds to justify the PP. Price will bounce in a quarter or two to 0.97-1.02
Max The Water Blower
OPAverageInvestor
:
Nice points! at the moment i am waiting for new support, so I will still be holding on until the next quarter result.
103421772
:
HE is a major player manipulating small stocks, having announced the pricing of special stocks twice, each time falling below expectations. Who is willing to buy them? There's no chance to leave before you; one can only endure the pain and Sell.
PROPERTY. Developers with sizeable landbanks in Johor, including$UEMS (5148.MY)$,$SUNWAY (5211.MY)$, $ECOWLD (8206.MY)$,$IOIPG (5249.MY)$, and$MAHSING (8583.MY)$, are poised to benefit. AME Elite, specializing in industrial property development, stands to gain from the influx of FDIs. Lagenda, with its growing presence in Johor, is set to take advantage of the region’s growing demand. CONSTRUCTION . Connectivity is crucial to the success of JS–SEZ, with a strong e...
At the beginning of 2024, I set myself a target, to pick up a TA tool to assist my investment journey. After much trial and error, I would like to share what I learnt and tested with a real example:$HEGROUP (0296.MY)$. Disclaimer, this is not a buy or sell recommendation post, it is just a record for my bluffing/ water blowing, and a bit of flexing. Before we dive into details, let me describe in my words what ABC and VPA are. ABC is an abbreviation of Average Balance Cost, let'...
$HEGROUP (0296.MY)$has secured a contract worth RM30.6 million to build a 132kV power station for a proposed semiconductor manufacturing plant in the Ulu Klang Free Trade Zone. The contract was awarded to Hexatech Engineering Sdn Bhd, a wholly owned subsidiary of HE Group, according to the mechanical, electrical and process contractor's filing on Tuesday. $HEGROUP (0296.MY)$reported a net profit of RM4.21 million on a revenue of RM48.9 million for its seco...
$HEGROUP (0296.MY)$is poised for sustained growth in the second quarter of 2024 (2Q24) with further improvement in 3Q24. The research house said in a note to clients the strong earnings momentum is expected to be bolstered by the mechanical and electrical engineering group’s RM180mil order book, which is expected to be fully recognised in 2024 It added a stronger sequential 3Q24 would be driven by the recognition of a short-turnaround electrical equi...
$HEGROUP (0296.MY)$ Finally "U turn". The Chart similar to KJTS. Make an U turn after fall from high level. This is the true in stock market, up and down, down and up... etc.
2
Report
No comment yet
Sign in to post a comment
Market Insights
Newly Listed Companies in 2025 Newly Listed Companies in 2025
IPO Boom Continues! Bursa 2025 Listings Surge Nearly 100% on Debut! IPO Boom Continues! Bursa 2025 Listings Surge Nearly 100% on Debut!
103421772 : Shareholders sell 0.4, the market buys back cheap stocks, after having enough, it pulls down the price, trapping small shareholders.
103421772 : Listening to what those analysts say is like a pig climbing a tree. They can set the target price however they like and change it at will. Licenses might be bought.
103421772 : Hey! Only with volume can there be value; if there is no market created, how can it rise. Each day there are only a few small trades, what a joke.