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the moment u lose confidence n start dumping that’s when the price will start to move up. Don’t forget 40% shares owned by PNB and they’ll not allow this co to go bust. Recent top mgmt changes: both chairman (samsul azhar) n ceo (anuar) will turn around sapura like they did with petronas. Have faith!
Abdul razak is right , pnb owning 40% and probably collect more as time goes on . Sapura is going to be a long term investment for me . Price won’t move up so soon but definitely some of us will throw after getting fed up with this counter , and that’s when pnb will slowly collect . I reckon pnb might own up to 50% before going for reducing the total no of shares , my bet is they might do a 10:1 share consolidation exercise . Then it will be easier to push up the price .
