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i think they are creating fake huge volume by selling and buying at RM0.075 to attract retailer's eyes to buy at RM0.075 so that they can throw off the RI which subscribed by them at RM0.08 then can issue esos at 0.03 ... can earn RM0.04.. sure win game... SC tidur ... RIP
should SC keep pretend nothing happen to investors... while the share price keep on pump n dump by the F*gang in Bursa along the yrs? More #consolidate of shares exercises meaning there will be hopeless for any rebound possibility in future
Sometime it will just wayang kulit to push up a bit to attract those newbie and innocent people. Just stay away from this stock. Many people has lost more their money more than 60~70%.
klk... opps not.. is lkl (fintec's gang) already stays in... welcome !! kena trapped at high price but not willing to cut loss one... be ready it can drop to below 0.05 then stays there for years.. penny stocks fully controlled by particular group of people... they won't lose.. if lose also can ask money from investors by issue pp and RI again...also issue very cheap esos ticket for themselves then quickly sell at market for huge profit.... they never lose!!
penny stocks without core business just an empty shell... only for directors makan gaji buta with millions a year director's fee... every quarters making losses.. no dividend for investors.. only ask money from investors.. then use that money to "invest" at others penny stocks (also their gang ) with very high price than market... this is to allow particular people gain huge profit... later u will see this penny stocks making millions losses in investment. That people already gain millions dollars which is the fund raised from investors... now the investors trapped at high price...either cut loss or stay at vip condo for years.
becareful when a company keeps issue pp/ RI and esos.... and also the founder selling off their shares to fintec's people.. once fintec come in to a company... yes maybe there is a short goreng to attract retailers at high price.. then u will see the company do many pp... esos then RI...after RI. the share price mostly will drop more than half of it RI's price..
Exactly! MY Food Roger. they will consolidate the share after this RI exercise. With higher price after consolidation, they will continue to cut chive by bringing down the share price. while doing that, as you said all will be non stop PP, RI and ESOS for them to get the money into their pocket.
