I think you can buy but be careful of the goreing in the early Monday morning.
Buy Tahan Insurance's parent company IDAMAN 1112?, Since BNM had taking over Tahan Insuranc
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 May 24 2009, 12:17 AM
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All Stars
17,875 posts Joined: Jan 2005   
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May 24 2009, 04:45 PM
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#2
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All Stars
17,875 posts Joined: Jan 2005
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QUOTE(sjz @ May 24 2009, 01:50 AM) The reason BNM taking over Tahan Insurance isn't because their debt but their lack of revenue. You're right. BNM will protect the company and it will boost investors confident. So, the share price should go up. But what i am sure is that once BNM taking over the business, the company's condition sure become better again, BNM sure won't let a company close down once they taking over right? few months ago there got 1 Indian company wanted to buy Tahan Insurance but don't know why didn't made it.   |
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May 24 2009, 09:31 PM
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#3
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All Stars
17,875 posts Joined: Jan 2005
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QUOTE(cherroy @ May 24 2009, 05:16 PM) Err....... it means the company is in trouble in the first place, aka not meeting enough capital requirement in the first place so only BNM take over the company control. Just take the case of American companies like AIG and Citibank. No matter the government is protecting the policy or account owners, bottom line is the company still get protected and get some fund. BNM's intention is not protecting the company but insurance policy owners. They have no interest to protect the company. |
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May 26 2009, 10:32 PM
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#4
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All Stars
17,875 posts Joined: Jan 2005
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QUOTE(sjz @ May 25 2009, 08:12 PM) i think i will buy at Rm0.06 too. You get any today at 0.06 ? |
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Jun 3 2009, 09:13 PM
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#5
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All Stars
17,875 posts Joined: Jan 2005
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Luckily i did not touch this counter. Now 0.01 only!
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Jun 3 2009, 11:09 PM
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#6
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All Stars
17,875 posts Joined: Jan 2005
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QUOTE(zamans98 @ Jun 3 2009, 11:08 PM) Q 0.005, goreng to 0.01 That's 100% profit if you get it. Q 5000 lots. |
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Jun 3 2009, 11:30 PM
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#7
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All Stars
17,875 posts Joined: Jan 2005
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If the suspension being lifted next week, the share price will surge. So, there is high risk and also high return. I would say 50-50.
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Jun 3 2009, 11:36 PM
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#8
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All Stars
17,875 posts Joined: Jan 2005
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QUOTE(sjz @ Jun 3 2009, 11:34 PM) after being suspended, you don't know when will it be listed again. That one don't know. Better don't touch this counter tomorrow. it may takes 1 year, 10 years or forever |
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