Don't look down on ikan bilis and uncles/aunties out there, in fact, we have some forumers that alone also can do the job of six figure purchase on one stock.

1 million is peanut in the market.

I don't think it has to do with power struggle. If there is power struggle, price will shoot to the roof, not down and everyday with high volume. As whenever there is power struggle, people involved will 'sapu' the share not dumping.

In fact current situation is more like substaintial shareholders dumping the shares which a lot of ikan bilis took up.
But whether the dumping intention is for margin account or intention to buy lower, that's I don't know and up to anyone to see, only they know.

Also even though the volume is big everyday, the amount of money is not that big, a few million worth of transaction each day which again is peanut in market place. Main reason is because its low share price. As if not the stock split, it would be a 1.xx stock., which by then volume could be shrinking a lot if there is no split.

Based on lastest financial report, they are making revenue of 100-200 million each Q, but profit wise is merely 31K or a few hundred K only each Q while in between losses are made as well.

I don't know about their business. But if those company turnover is done in credit term instead of cash term then it is a risky business model because whatever credit term has risk of default. While profit margin is simply too low to offset the risk of credit.

Don't mean this stock is not good or good. Just bring out some discussion point.

This stock is a great opportunity to earn more than 100%
Just be patient and dont sell it after 0.5 cent grow.

If you want faster play, look into swing. But swing is dangerous bcos all player is smart. They look for ikan bilis and rich Auntie.

If you look for great long term investment. can buy this 2:

CyberTowers Berhad -- They got a big project will announce in Sept
M3Tech -- The boss SB Lim told me that they are planning to buy back slowly and change the listing to Main board.

It's not easy to buy for both company above bcos not many sell, and you have to wait more than 6 months to see the results.
My calculation on both will be more than 5x return, but you need to wait.

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Added on June 13, 2009, 1:09 pmGreedy Businessman will not give out too much dividend.
Greedy GLC will make it loss and get more bail out.

I dont think P&L is a strong concern in Short Term stock play.
While Equity in Balance Sheet can be a concern bcos it shows if that's a safe play for a penny company.
This stock is safe dont worry.

This post has been edited by ZPOW: Jun 13 2009, 01:09 PM

base on my reliable source, there isn't any internal or external power struggle.
there isn't any takeover as well.

all these happened base on mutual agreement. one party, you guy guess it right, is the couple but the other party has yet to surface yet.

someone here is partially right.

be patient, just wait for the show over, it is going to be interesting come next week & how it gonna develop.

i THINK the company doesnt has any financial problem.. lets think about it , Goh dispose everyday with tons of share.. but there is 'someone ' buy back .. thats why price keep stucking at 0.075 to 0.080 instead of keep failling to 0.05 or lower..
if their company really facing financial problem , i bet there wont has anyone will dare to buy so much back..

my 0.02cent..

I too believe the company is ok, but what made me against buying is I saw the same pattern that they can freeze their price for months then only jump up, I've limited bullets so dun want to stick to this counter, might as well goreng other counter coz I think time is running out we're hitting 1100.

But I can say few times I'm very tempted to join in the fun 0.075 is indeed all time low.

Good luck guys, if free I show the chart of that few time it freeze at certain price, this is just a discussion as I wish to find out more too, if got chance I also like to goreng make some fast money



opps forgot to add the months

This post has been edited by moorish: Jun 13 2009, 01:56 PM

Like what Steven mentioned, Focus or Diversify

If you go for other stock now that give you +-10% earning. You do it everyday with +-10%, at the end of day, it still equal to +-10%
why not do like Steven, choose his plan B, store bullet now and wait for the timing and earn this 100%.

Furthermore, next week is the show day.

yea its a hard decision to make with limited bullets, if choose to buy this and it freeze for months then I may miss other boat, I think need to apply for more bullets to play.

Instead of "Apply for more Bullet", you can actually spot the "buffer zone" which can be found from your charts, 0.09 and 0.12

If you are holding 0.075 now, sell it at 0.09 and have your credit limit double up from the earnings then buy at 0.09 again with the double up bullets and then sell at 0.12 again, then buy again with tripple up bullets and wait for last stop which is 0.16 or 0.17

But above is just recommended in HongKong Movie, dont follow it at home.




you may buy me a teh tarik for this strategy.

This post has been edited by ZPOW: Jun 13 2009, 02:30 PM

yea I've been playing with the yoyo thing, so far it works when the bull is running , lets see how things are on monday.

wawa... 女中豪杰 (woman hero)

great to know that

there is a REAL bull behind this counter (look at the B-Q everyday) but seems that some extreme factor (S-Q that can overcome 500k+ volume within minutes) preventing the bull from moving..

money money

Haha.... since I am the guy who open this topic and drag so much attention to this counter and yet I also load some....

So I also don't want to see everyone involve goto Holand xD


Good luck everyone

Smartly is absolutely smart. I agree with him. Just wait for the show.

Margin selling as officially disclosed is just that - official. From my analysis, the price and volume had been manipulated. They could not be by forced selling nor natural buyer/seller activities. Someone is pulling the string. And I am glad there is someone pulling the string. Otherwise the price may not shoot like a rocket. The final objective is as old as the stock history - make big bucks. Those who have weak heart or those who can't see through the game will be flushed out.

I had opined before - get ready your trucks. If the price goes down to 5 sen or 3 sens, load up the stock. I have bought a sizable amount and am readying my truck to double up if the right opportunity arose.

The good balance sheet of Compugates is the margin of safety we all need, just in case.

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Added on June 13, 2009, 8:53 pmThanks Zpow for the two stock ideas. Cyber Tower I won't touch - scary financial. M3Tech has potential. I'll certainly look at it after the price advance has retraced reasonable.

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Added on June 13, 2009, 9:04 pmSmartly,

Shall we shift our discussion to managing our exit after the price heads north, because this route is a foregone conclusion. There's no other way but north.

Question: The price will surely not grow to the sky, not at least in one swoop. It may shoot up very strongly one day or two, and then retrace. Do we hold until it reaches the sky or buy and sell on the way up.

Any opinions?

This post has been edited by omione: Jun 13 2009, 09:05 PM

I not sure whether I am the biggest shareholder for this stocks in this topic. I am currently holding 2,000 lots. 70% price from 0.075.

I will said, this is a very very high risk share. Play with caution. This share may end up freezing your money for certain period , and you may cut loss at 0.05.

As the annoucement made by Compugt, the heavy selling is due to reduce of margin by TA..that is official.
So, I will said, trust what they said as they have made it clear, heavy selling is due to reduce of margin. Full stop.

Secondly, the couple has no money to top up the reduce so ending up the share being disposed by the broker to fill in the gap. That is fact. If the couple really want to make money on their stocks , they will definately able to goreng the share above 0.10 and sell it by batches , just like what mr goreng vt like to do on berjaya share.

The company as far as I know , based on research and financial results . The business model is ok , i can said a good cash in hand company .. the biggest trump card they hold is the distributer of celcom and tm prepaid card.

As for the share price , It can possible to go to 0.05 but I doubt that. Based on what I have analyst previously in the topic , there is not much share units left to disposed. Broker will not stupid to sell the share at 0.05 , that the reason why they kept selling at 0.075-0.085 range. This is the money they want .. there not just simply sell the share for fun.

As whether the share price go up .. i will said YES, but not for now . Dont ever aim it will go up to 0.15 .. i will put my bet that the share will touch the 0.10 by this year.

But, the share may go up instantly, IF there is someone who is looking for the ceo Hot seat. The AGM will be held on 19 June , and there is another 4 more days to go next week. AGM will be a good place to vote for a new MD/CEO. As based on my statistic calculation , the couple will have 21% stocks in hand and 21% is not a safe to hold the ceo seat.
And if really someone behind wanted the seat , that will a very good sign to the stocks, as the current CEO GOh will fight to grab as much share as possible next week with the person who want to take over. If this situation arise, i will said , 0.15 it will not hard to achieve.

Anyway .. lets wait and see next week .. So far majority I am buying at the lowest price 0.075 .. so nothing to be feared.

Moonrider you holding 2000 lots? !! @_@
2000 x 100 x 0.075 = RM15,000 !!


and yes since it already 3 weeks... just wait another few days to see the result

cheerssss

Moorish hate 1 lot player .. But I like to catch 5000 unit player. Normal people , like myself and the rest ikan bilis , the maximum limit of buying share will be 2500. But for those with great profile , they able to key in 5000 unit at a time and normally certain remisier has the power to do it. I dont want to waste my time on trax traded at 2000,3000 and so on.

Ok back to the topic, i have been monitored lsat 3-4 days there are many 5000 units trax appear. I would like to show you some on last friday ..the last 10 minutes from 4.50-5pm ... there are number 5000 units trax appear.

FYI - 5000 units will be equal to 500 lots (@0.075 = RM37500)

I have average calculated there are more than 20 trax which actively traded at the end of 10 minutes .. let assume 20 trax will be around 10,000 lots value at RM750,000. Imagine a person doing this for few days .. it will easily accumulated to around 5-10% of share.

Below are one of the sample screen shot, where u can see this guy do it at one shot and I attached more screenshot in a doc as attached.

Below two screen shot is within 1 minute




I strongly believe someone is buying bulk behind.

And for your information , Compugt did touched the lowest in year 2002 at 0.065

This post has been edited by MoonRider: Jun 14 2009, 12:04 AM


Attached File(s)
 Compugt.doc ( 354k ) Number of downloads: 9

moonrider big leg la... dont play play...
he wanna get rich fast!!!

150K is certainly a big bet on this counter, in my opinion

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Added on June 14, 2009, 12:14 amI only bought 1000 small lots to bet...

This post has been edited by teewan: Jun 14 2009, 12:14 AM

Due to this happened, compugt was warning by bursa and questioned..
compugt : i got no idea what is happening.... that's the answer!!