MOBIF

MoBif's share price had surged 280% year-to-date, from 94 sen in January to RM3.60 on Aug 16. Since Aug 1, the share price had risen by 34%.
On the same day, the counter hit limit-down twice after investors worried about the impact of Bursa Securities' query following the unusual market activity.
The share price of MoBif Bhd fell in early trade on Aug 17, as much 26% or 46 sen to RM1.31.
The share price has been very convincing for the past few months. However, not much info about this company. Will it repeat IRIS incident? Do share.

2 Comments:
At 11:01 AM,
danielkong said…
It come to my attention the main reason investor losing confidence at Mobif share is the foreign investor that that acquired Mobif shares recently was the same foreign investor that speculated the Iris counter.
At 5:04 PM,
Anonymous said…
Think Mobif would end up like IRIS...
But if we are careful enough (and daring enough), perhaps we can consider to play around with this stock.
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