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Yesterday’s closing at 0.67 there were heavy buying and closed strongly at buyer side. The qr results i am sure people already know but how come there was heavy buying during closing? So let’s not just assume not all companies with bad qr price has to go down. Like i said let the market decide we just follow. No need to overthink and talk like pros here.
maybe u have lots of share in this counter, but put this fact aside ..if u observed long enough in bursa counter, yes , what u said is true, losing money companies may not necessarily share price drop, but provided there are some good news or hope around to keep it sustainable.
meanwhile , we can't deny the fact that many queue at buy side or sell side is also part of the tactic of banker to achieve their goals , be it to accumulate more at lower price or to make sure price goes up high enough
Only the retailers will care about the past results, but never see the order book is coming back for this counter. Market already expected the QR is loss nothing to worry as the tech stock trends is strong now
Exactly don’t know what with the negativity here. Some don’t understand qr and how it works. Please look ahead plus it’s a well known fact that Oppstar wouldn’t post stellar earnings