Something going on. Don't know what. So much volume for so little action.
I'm holding mine for the long term.

I queuing to buy 500 lots tomorrow am opening at 0.37...IF it drops will stack up.
This counter can go to RM1.00 - no problem.

I don't suppose your cousin in SAAG is the Chief Financial Officer by any chance, is she?

FWIW I agree.

I cleaned out the dog house today and dumped OILCRAP, LIONCRAP and SAG.
I'm still holding SCAMMY 'cos I think their political connections will get them part of the LRT deal and a few other crumbs.

Just my opinion only.

It's painful to take a loss

That makes sense to me. I just thought it would be easier to take the hit and use the money elsewhere to recoup the loss.
That's all.
At least - that way - I am in control of the cash and the investment rather than relying on scanty information and half truths from a bunch of failed company 'directors'.

My problem with SAAG and OILCRAP is that I flat out don't believe the numbers (audited or un-audited)

This post has been edited by David_Brent: Oct 1 2009, 10:13 PM

FF left months and motnhs ago mate.
Don't expect them to be back to KNM any time soon.
Just my opinion. FWIW.

TBH - I thought very long and hard about SAAG before deciding to sell it.....
I think they have a very good opportunity in India where they are closing some deals; I also agree with you about the oil price - it WILL go up substantially and companies like SAAG will benefit no question.

It was just that I wasn't prepared to wait for all these things to (maybe) happen and I also lost confidence in the directors of the company once I checked them out thoroughly. I felt that even taking a 10K loss I could get back the money elsewhere in another sector rather than leaving my money in the hands of managers whose judgement, skills, integrity and ethics I questioned.

No offence - just my 2 cents. best of luck!!

I cleaned out the dog house today and dumped all the crap outside and I don't hold those counters any more.
I have a policy of getting rid of every single under-performing counter at the end of each quarter - that's all.
Just my way of doing things. No offence to anyone holding any counters they choose....

Good luck!!

Really feel for you, mate....
If it helps...
Try to focus on what you will do with the cash you will get from the disposal and how you are going to recoup the position...
That's what I tried to do....

Best of luck!

Not much comfort for those who bought it at 0.35 then....
Think we are seeing a pre-Deepawali bounce myself, but I may be wrong.....