Tuesday, March 27, 2012

Raymond Chan buys Metronic Global

Another penny stock actively traded at Bursa Malaysia last week. It was Metronic Global Bhd, last week saw the shares surged from RM0.10 to its high of RM0.315.

As usual the company was issued with unusual market activity (UMA) query by
SC.

The sharp raises and active trading of the share was related to the involvement
of Datuk Raymond Chan Boon Siew. He bought 5% of the Metronic Global shares.

Datuk Raymond Chan, this name sound familiar isn't it ! If you followed KLSE for last few months, surely you know who he is.

Previously, two other penny stock companies which involved him are Harvest Court Industries Bhd and Naim Indah Corp Bhd (NICORP).

He bought into Harvest last year and NICORP early this year.

Harvest price was surged from RM0.08 to RM2.13.

NICORP jumped from RM0.075 to RM0.75.

Will he buy another company? Why not TRINITY, only RM0.07 now !!!

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