Disclaimer
Disclaimer - I'm too dumb to be an expert thus all the contents of this blog are just my random thoughts and may be incomplete or contain any informational errors. It is certainly not recommendation to buy or sell. You'll be responsible for your own decision. Please consult your investment consultants before making any investment decision. Also the author may or may not have position in the counters that mentioned in this blog.
Tuesday 12 August 2014
UMA - U May Act!!!
Recently met a friend of mine over a tea, during our conversation I asked him what he think about a stock that recently been issued a UMA (Unusual Market Activity), His respond was : what you said? UMA? Is that suppose to means anything? As the matter of fact, recently most of the stocks that been slapped by an UMA seems undeterred by it at all. Counters such as Guoco Land, Ijacobs, BHS, Narra and most recently PDZ are all trending higher after issued an UMA by Bursa. Well, may be is time for the regulator to review their course of action on regulating the market. Till then UMA looks like U May Act to me.
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