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For my observation, there must be something going on within the organisation here.
From MD’s disposing of shares to issuance of warrants and now Woo family acquiring the Company’s shares.
I just felt that something is going on and perhaps when the announcement is out, it will be too late for us to buy in.
Furthermore there are small group of people trying to trigger panic selling which is also possible an intention for them to acquire cheap tickets.
As Ying Pepperoni said, this is open for comments.
Just sharing my thoughts.
Haha well I seen much of this news during BN era but ended with clean name depending on which side become the government.
I shall not follow on the panic group.
What I look into is who are the managements who run the show.
If a poor management, it would eventually go wind up.
For this Company, I doubt they did not prepare for this one coming.
And further reinforce to my confidence in this counter is the recent huge acquisition from 3 surnamed Woo.
Rich or not, people dun just throw in their money to lose right?
