Total no of securities after change: Direct units 266,352,700 Direct % 9.
Low volume in hourly chart after Green Pentagon high volume Hit the "LIKE" button to support us : Disclaimer This information only serves as reference information and does not constitute a buy or sell call.
DSONIC (5216) Overview
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The Investment Holding segment consists of investment holding and provision of management services to the group of companies.
‘Datasonic needs more contract wins to justify valuation’
Last Thursday, it announced the one-year extension till end-2020 for its MyKad contract, originally to have ended on Dec 31, 2019.
Description: Currently, deputy chairman Datuk Razali Mohd Yusof has emerged as the substantial shareholder, and recent off-market trades saw existing managing director Datuk Hanifah Noordin ceased being a substantial shareholder after disposing of 28.
The two stocks have been hammered following that. MyEG's share price tumbled 37 sen or 24.7% to RM1.13 in the morning seession, before it was suspended from trading. As at 3.45pm, Datasonic shed 19.5 sen or 29% to 50 sen, after rebounding from its intra-day low of 39.5 sen.
U1818 Before covid, Dsonic share price was 1.60 (equivalent to 0.80 after bonus issue 1:1) We have to refer to Dsonic's earning and price before the pandemic, because during pandemic, the border was closed thus the demand for passport was close to zero and demand for ID Card, credit card, debit card etc was extremely low.
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