r88 ady said last week it's a bear trap for ikanbilis and gonna it 61 sens but u all kutuk him n believe so called sifu (c fool?). i say it will go down to 50 sen first b4 going up again but i m not sifu, just my humble opinion.
Many holding at 0.90 and 0.50 level when short rebound, now wandering what happened! Insiders laughing n enjoying windfall while retail investors suffering huge loss and watching prices slowly tumble!! HANCUR... GOTTO CUT LOSS
If limit up or panic buying, price would have gone up 25c to 1.08. Hope newbies understand! Now it,s up only half cents, which means there's heavy selling too due to its super high volume. Are bilis buying while insiders selling??
Posted by yongyong88 > 17 hours ago | Report Abuse
today chase away weak holders. Tomorrow those who bought 2.11 and 2.25 will laugh to the bank. Limit up to 3.00 .
I said yesterday today sure go up. yesterday chase away weak holders who bought on high margins. Stocks that go up on steep ascent will stabilize on steep decline before it can go up again. Those who go up on gradual ascent will stabilize on gradual decline. Never on a straight line without taking a breather in between. Buy at own risk.
Bleak outlook! Major shareholders selling n ceased to be substantial shareholders! PPs of 20% of issued shares resolution passed by only 10 major shareholders! Last 2 qtrs significant loss! What do insiders know that we ikanbilis don't? Next qr soon. What's in store?
SAME OLD SH*T! SIMILAR PATTERN OF PENNY STOCKS! RIGHTS ISSUES 0.15, FUND RAISING FOR OPERATING CAP AND PAYING DEBT AND DIRECTORS' FEES AND KEEP PILING LOSSES QTR A? ???FTER QTR AND YEAR AFTER YEAR! PRICE KEEP FALLING AS MINORITY SHAREHOLDERS SEE THEIR INVESTMENT DISAPPEAR! MORE RIGHTS ISSES? SHARES CONSOLIDATION??? THE ONLY SIGN IS THAT IT'S NOT GOING TO GET BETTER!
WOW! FROM P&D HIGHEST PRICE RM2 IN 2019 NOW BELOW 0.05 AND HEADING TO MY PREDICTION OF 0.01 !!! EVEN WITH RIGHTS ISSUE OF 0.15 LAST YEAR! WOW! WOW! WOW! APPLAUSE TO MANAGEMENT AND DIRECTORS! WHAT'S NEXT? SHARE CONSOLIDATION? ANOTHER RIGHTS ISSURE? SOME MORE BS MOU? WHAT ARE THEY PLANNING TO SQUEEZE MORE MONEY FROM NEWBIES AND SHAREHOLDERS????? MAKE COMPANY PROFITABLE??? IMPOSSIBLE DREAM! 20 QTRS LOSSES AND NO VIABLE BUSINESS IN SIGHT.
those were the days. kyy become major shareholder and promote to his bilis followers, telling how good this counter is. then sold all and left bilis in the lurch. now this counter playing limbo rock! how low can u go?
Sold all at 0.855. No need fill form. Thanks. A few times buy sell buy sell since 1st privatisation talk 2 years ago. No regret although unhappy with its poor performance and issues with BNS and pharma. Tabik hormat LTAT. Tolong beri manaafaat kepada pejuang negara!
last time about 2 years ago, news of privitisation pushed the price up to 0.80 but later cancel it and ikan bilis gotta cut loss or took small profit for those who bought earlier. This time news of pharma going pn17 crashed its share prices after exdividend date and many ikan bilis quickly sold out and they suspend trading to announce its privitisation! Anyway consider myself lucky as last time sold all and bought back 50% and sold 60% of it/ Luckily still hold 40% of it undecided to cut loss or hold long term.
3 months to rise more to 70c level and just 3 days to drop back to 60c level! Doesn't look good for this counter! Pharma and LCS going to bleed dry the company even with gains from plantation and banking.
TIME FOR CONSOLIDATION AND RIGHTS ISSUE TO RAISE FUNDS TO KEEP OPERATING! Refer to The Edge article about directors linked to/or are directors of other penny stocks and stocks manipulation! Good for retail investors to understand the klse.
company that relies on government contracts won't last long. look at myeg, iris, pharma, dsonic, etc.... are contracts linked to corruption? just thinking out loud! change of minister - change of fortunes for these companies?
LOOK AT THE TECHNICAL CHART FROM PAST YEARS AND YOU WOULD FEEL IT WILL HEAD TO PN17 AND DISAPPEAR FROM THE SROCK EXCHANGE! MAYBE INCLUDING ANOTHER NAME CHANGE BEFORE THAT. RETAILERS WILL LOSE ALL THEIR MONEY BUT DIRECTORS WILL STILL BE RICH!
Deteriorating performance since 5 years ago from profit to losses, hence the low share price. If it does not improve, it could go below 20c. Tose who think it is a gem with this dismal statistics, please buy more.
Thanks @whistlebower99 for warning enlightening newbies on this loss making stock. Don't touch this counter or other penny stocks. Put your hard earned money in profitable stocks that gives dividends consistently.
Too much ikanbilis optimism in GenM. High expectation of higher dividends. Not good. Usually reality set in and poorer qr and lower or no dividend at all. Share price drop will indicate poorer performance.
Green wave politics dampening genm stock price. Now with more stable government, and expected better qr, hope next month, mgmt can declare higher dividends at least 10c to reward loyal shareholders. Price should be above RM3 then.
this csh no profit one. Insiders get rich by rewarding themselves shares. Get funds from rights issue, shares placement. look at their history. price go up by p&d. from rm1+ through p&d, drop to 0.60 level, 0.40 level, 0.30, 0.10 and now 0.05 level. Soon 0.02 level. then maybe capital reduction to push price at higher value n the cycle continues while the company bleeds annually. let's see they can improve with this BYD hype! Remember the venture into glove during the pandemic?