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Exactly...I mean if you drop with a valid reason, then yes it is acceptable. But this kind of dropping everyday...and somemore with good news coming out. And most inportantly, director karim did not throw any mother share, how can this share drop, I really don’t understand
Buyer need to be patient. Now is still distribution selling by big holders. They still have quite some shares accumulated from last year + bonus shares + warrants to sell between now to RM1.30 and still making very good profit. Wait and monitor. It will slowly drop to 1.50. Can buy below 1.50 when the price goes sideway +-10% for more than 2 months. That is when selling by big holders stops and accumulation by them starts.
@Andy Tan From ppl working in the Kpower. Many of them bought last year let go all their shares about a month ago. Management there knows when to buy and sell, and how much is left for the stakeholders to complete their distribute selling target. It's no secret within d company, unless management there purposely leaked fake news. But so far proven to be true since Jan when the rumours started there. Don't worry the stakeholders will accumulate back some shares at some point but not at the current price.
