the company shares went from around rm200+ mil during ipo to now over rm1.2bil. doesn't it seem over-valued?

price keeps rising also because the holders are not really selling. lets see what happens when the split happens with more liquidity!

This post has been edited by tineagle: Dec 17 2013, 01:58 PM

multiply 10 if you count their first 1:2 split

sorry it was a 1:2 BONUS. this happened sometime mid 2013. the price readjusted itself during this time after the entitlement:
http://www.bursamalaysia.com/market/listed...cements/1326433

this counter is well played by management. first time was a 1:1 bonus, followed by a 1:5 share split. both times it recovered. now, another 1:1 bonus.. all within a year plus

seems like they want to keep the price around RM2. probably easier to pump and dump with volume at this price range

there's no stopping this counter. up week after week for almost a year!

pocket monies