Alfred Loo's comment on TANCO. All Comments

Alfred Loo
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Pump & Dump Company.

The Company struggles to perform, NTA is only 0.0609, and has poor cash flow. Makes no sense share value can be RM 1.140 with Market Capitalisation of 6.9 billion.

Looking at the Shareholding Changes, we can clearly see the Management, buy and sell amongst themselves to keep the counter interesting. Is funny to see, today the Director will sell millions of shares, then tomorrow buy millions of shares.

Bursa should put this type of Company on watchlist.
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Alfred Loo
The bubble has burst and this stock is crashing.

Such pump & dump company is not sustainable.

Based on 1QR, the company only has RM 3.8 mil in cash. What a joke.
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1 Like · 1 month · translate