Company Background
Microlink Solutions Bhd (Microlink) is a company in Malaysia that provides banking solutions for its clients. Established since 1994, it is an award-winning Multimedia Super Corridor (MSC) status company specialising in the provision of end-to-end banking solutions for both conventional and Islamic financial institutions.
For company background, see below:
Microlink Solutions Bhd company website
Microlink was recently queried by Bursa with an UMA (Unusual Market Activity) due to a substantial fall in its share price. The company replied that it was unaware of the reasons for the price drop.
Market Action:
Remarks: HIGH-RISK TRADE!
The share price seems to be rebounding from its recent lows and broke a resistance level of RM1.10 today (Tuesday 19 Apr 2016).
- 19 Apr 2016 - Bought Microlink at RM1.10
- Updated on 28 April 2016 - Sold Microlink at RM1.00 (Loss incurred!)
I will trade on the up-side rebound of this stock. Stop-loss set at 1.01 for downside risk limitation.
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