Shares of $YTL(4677.MY)$and its related stocks halted their successive days of gains on Friday, even after reporting an increase in earnings for Q3FY2024 (quarter ended March 31, 2024).
On Friday, YTL Corp's stock plummeted by as much as 9% during intraday trading, with the share price closing down 5.15% at RM3.680, while $YTLPOWR(6742.MY)$ experienced an intraday decline of up to 11.3%, with its share price t...

$MBSB(1171.MY)$hit nearly 5 years high and being one of the top traded (in value) stock today, will it testing RM1 level? there is no official news yet to explain the price surge, so I will relyo n the price analysis by using the chart
$MBSB(1171.MY)$Weekly Chart
MBSB reached its top back in year 2013 then started its downtrend, hit its low during pandemic and slowly rebound in a sideway to higher trend. MBSB showed a strong rebound last week with more than 1...

潜能股： 可以提前部署的VCP飙股形态. 记得收藏!
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$MRCB(1651.MY)$
$MBSB(1171.MY)$ $SNS(0259.MY)$ $PANDA(0290.MY)$​
潜能股： 可以提前部署的VCP飙股形态. 记得收藏!
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$OCBC Bank(O39.SG)$ privatizing $Great Eastern(G07.SG)$ Let established implant stocks that hold shares in Big Oriental $SBAGAN(2569.MY)$ Wealth fell from the sky, and stock prices soared sharply.
OCBC announced on Friday that it plans to fully purchase and privatize Grand Oriental Holdings for S$1.4 billion (approximately RM4.9 billion). The bank offered S$25.60 per share to acquire Dadongfang's shares. Dadongfang's last transaction price last Friday was S$18.70, at a premium of 36.9%.
As soon as the news came out, Dadongfang's stock price also rose by 37.65% to SGD 25.85.
How much is 1 share of Great Eastern worth, exactly how much is it? Sungai Bagan holds 1% of the shares of Grand Oriental Holdings or equivalent to 4,763,000 shares. If calculated at SGD 25.60 per share, the total value is RM426.88 million 4,763,000 shares. If calculated at SGD 25.60 per share, the total value is RM426.88 million. This is really a market capitalization. After two days of rising net profit, it has reached the level of RM437.8 million.
parent company $KLUANG(2453.MY)$ and sister companies $KUCHAI(2186.MY)$ Stock prices have also been encouraged.
Big Oriental's privatization soared to 400 million, and Sungai Bagan soared in related stocks (enanyang.my)