MMAG share price gap down and here are some potential possibility 1) No Real Profit despite good looking Earning in recent years For the paper earning, most of it are from receivable reverse impairment , insurance claim , Incentive claim and forex gain. None of them are actual profit from core business 2) NexG holding 7.58% stake in MMAG What NexG holding did in past few years? They acquire share from other listing companies which is famous in pump and dump like Revenue (0020) , Classita (7154) Besides that, look at the major share holders Chan Swee Ying HongSeng, Velocity, INGENIEU.... go have a look at those stocks' performances in recent years 3) Not the first time Gap down Gap down happen before on Mar25 (股价异常暴跌逾22% MMAG卖空喊停) Gap down happen before on Sep2020 Quick Summary 1) No Real Profit despite good looking Earning in recent years 2) NexG holding 7.58% stake in MMAG 3) Gap down happen before on Mar25 (股价异常暴跌逾22% MMAG卖空喊停) How the share price goes up, it will come...
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