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Comments
Carlson Chan commented on CAPITALA.
10 months
·
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The whole world is still waiting to see Capital A exit the PN17 status but the Capital A boss is still having fun spending millions buying new airplanes. Something very illogical with this investment.
Looks good today, even though the price is low but seems still attractive to many buyers.
I thought that it was going to crash to $2.50 but it seems to have rebounded today.
what a false gain
immediately dropped 11 sen today
immediately dropped 11 sen today
What's making Genting flying?
Should buy more at 3.5
Should buy more at 3.5
This is not the first time that Cap A unable to sustain above RM1. PN17 status is always the negative factor. There is no institutional investors such as KWSP involved to push up the price.
It had happened before that Cap A will not be able to sustain above RM1 for long. The PN17 status is still a negative factor and lack of institutional investors to support the shares.
There is a very high volume of sellers once the price touches RM1. Like before, it's going to be struggling to stay above RM1.
There's no institutional investors, small investors are unlikely to be able to keep the price above RM1 because of too many short sellers and profit takers.
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