Stock: TOCEAN (7218), Company: TRANSOCEAN HOLDINGS BHD, Description: TransOcean Holdings Bhd is a provider of logistics and logistics related activities. The company provides trucking services and cross-border trucking services for consolidation cargo or loose truck loads services from the Malaysia-Singapore-Malaysia and Malaysia-Thailand-Malaysia routes.
Transocean’s share price was trading at RM4.03 last Friday, 28.5% lower than the peak of RM5.34 reached on April 29. This shows that the market has started to sell the shares or stopped chasing Transocean.
On April 16, Bursa Malaysia imposed a freeze on the upper limit price of Transocean's share price at RM1.53, after the stock hit limit up for two consecutive trading days. The shares hit limit up again today, rising 45 sen or 29.41% to RM1.98, with a market capitalisation of RM81.18 million. The counter saw 878,700 shares traded. S Kanagaraju
The fun stops and pain comes when suddenly you lose $50,000 in a morning. The pain grows when next you try to make back the losses, but instead, lose another $100,000. Those are bad news. Unfortunately, that is closer to reality. 26/09/2021 2:47 PM.
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