ITRONIC: 3 Reasons You Should SELL it NOW!
investor2021
1. Latest Quarter Earnings Jump Is Not Going To Repeat Next Quarter. This Company made RM
3.6m profit in a quarter, but RM5.0m coming from "Other Income". In short, without that Other Income, earnings most likely to turn into net loss.
Go verify it here:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3130949
2. Substantial shareholder selling. Check out the details here.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131002
3. Share Price Has Surged A LOT. Share Price has surged from 9 sen to 58 sen now. That's 6 times increase! OR 544% increase in 1 year time !
https://klse.i3investor.com/blogs/learnToInves/2021-02-24-story-h1541233187-ITRONIC_3_Reasons_You_Should_SELL_it_NOW.jsp
