LOL, what a comedy episode.

PR get back the gov less than 24 hours or Nizar allowed to be back to MB office less than 24 hours, then need to leave with the appeal court ruling and Zambry take back MB post again.

OK let talk about politic in RWI, here is purely for stock market making $$.

This post has been edited by cherroy: May 12 2009, 02:05 PM

There are some links. If public feel insecured to spend and company feel insecured to invest money, then it will affect the overall economy.

But for Perak state drama, the effect is minimal on the overall economy as state actually is powerless on most issues.

Insider news?

Ramunia has agreed to sell their most valuable asset to Sime at 41 cents, left with nothing.
or later stage try to inject some gold mine into the company to stay listed?

No offence.

I don't know, but the company has sold it crown jewel or its core business (asset + liability) at 41 cents valuation, then left with nothing. Then why should people buy more than 41 cents then.

Enlight me on my noob and fail to understand this issue of share price at >70 cents, may be I missed out something?

If at slight above, may be reasonable just like Tamcorp but almost near double the price?

Do you know what you are buying?

Both might worth nothing one.
That's why your remisiers reluctant to key in for you.

Do you know PBB-CH out of money?
Do you know how bad is PMind's financial book?
It has RM2,000 revenue for the last quarter!! and for the last 3 quarter with revnue only 42K!

I don't mean their price won't go up.

Now internet age, a few click, a lot of information can be obtained already, not actually very sophiscated then.

You need to look at stock price as well.

If it is a 0.05, people will at least buy/sell more than 500 lot or some amount like that.

So for low stock price, volume can be seen quite high, but in actual fact, it just could be anchovies swimming around only, not big shark.

For goreng, what you should do is swim around some counter that got big shark, and swim along the shark to get some 'foods' faster.
If you swim into some area got no big shark one, the stock won't move (for goreng).

Just remember must swim along the shark, not against the shark and avoid the shark turn its head to eat you when food is finished time or get out of the water when food starting to finish time, as soon or later, the shark will also eat those anchovies that swim along with it one when there is not enough food around.

Take it private? 3 of them?

You can straight away count how much the cost they had to pay for take it private and not to mention how much the liability of the company in term of debt and borrowing need to be bared.

Long term of short term?
It is different ball of game.

For long term, can read through all its history including financial report and stock price history, dividend etc, which will hint you the clue how well the company did and whether generate good return for long term investors/shareholders.

For short term, can go anyway.

Then kill the economy recover effort, market crash again.

If your page is set to be with display of KLCI component stock, then you won't see the bullishness or greenish of your page, while they mostly are thinly traded, may be except KNM.

It is a goreng market currently. The more stinky/junk the stock is, the more chance it shoot up.
People and anchovies are simply chasing around in number.

Ramunia is trading at 0.70 speaks all.

Everyone knows goreng is a zero sum game? (I posted in other thread)

There will be a loser afterwards, normally are those the most greedy one and late one.

Don't use NTA as the ultimate factor, as if company making significant loss, then NTA can easily be wiped out. Then back to square one.

To see a stock whether it is really undervalued or not, look at NTA, profitability level, profitable prospect, cashflow generation and competitiveness, if satisfy the above criteria, only then we can say it is undervalued.

A company can have tons of profit but huge negative cashflow can kill the company as well especially at current situation, credit facility is tight.

Profit can be derived from a lot of source, it can be operational profit, it can be revaluation which contribute nothing to company cashflow.

Lau if not mistaken,

See where are they (those previous infamous goreng stocks) now...

Nobody knows exactly when is the peak, it could be now, could be past, could be still far away.

But generally there are some sign which repeatable everytime which serve as good indicator, peak is not far away or around the corner like
1. Lot new investors/punters are joining the market goreng
2. Lot of people open new account with brokers firms
3. Lot of tip/rumour flying around the market
4. Market behave out of logical sense, whatever junk that worthless also can sky-rocketing
5. Majority or up to 95% people are bullish about the market
6. Every recommendation is buy buy buy, which one to buy. Nobody think of selling and care about risk of going down aka complacency
7. Lot of people lose concentration on their core job, everyday care whether stock market goes up or not, even taxi drivers. No offence to those tax driver.
8. Market volume reaching enormous high, from chart you can see from the history, market peak when volume peak which go hand to hand one.

Just name a few based on experience.
I might be wrong.

or the lion looks at you, say you are delicious, yum yum.

Joking only.

This is true in real life, when people also talk about stock market in the "pasar" (I mean real pasar), which stock to buy, I got insider news etc. Time to get out, history always repeatable itself and never fail!

I smell there is little foreign fund in the market (KLSE), most big cap are so thinly traded even with total market volume exceeding 3 billion lately.
So KLSE doesn't response to DJ and overseas movement much.
As whenever there are lot of foreign funds in the market, KLCI movement is highly correlated with overseas bourses.

Statiscally, it is 49-51, You forgot the 1% commission (2 transaction of buy and sell).

So you know your chance of winning through 49% repeatively, the more you go in and out (more trade), the chance of winning become lesser and lesser.

Unless one is very good in it to defy the odd. Yes, some do, but not many, very few people succeeding in doing it over the long term.

So the underlying is, don't go in and out too often, chance of winning become lesser as above and commission will kill you.
Better spot the chance and assess the situation correct, then only making the bet. One of the most successful hedge fund manager George Soros also doesn't go in and out too often, he will only make the move and in big when seeing opportunity. No opportunity just watch.

Good luck to you.

If TA below 1.00 or 1.00, basically TA-WB worth nothing, which is going to be expired soon.