Biasa lah.
KLSE always makes this move when a share price suddenly rocketing to limit up level.

Then,
Company will reply to KLSE, don't aware any corporate activities that lead to share price jump.

Then goreng continue, until KLSE threaten to designated it. Then share price shoot down.

Something cooking on behind? Somebody want to acquire it?

I see lot of small lot buying and selling only but in continously way. Not a sign that big funds or big sharks gorenging.
Small shark?

This post has been edited by cherroy: Jun 4 2009, 03:10 PM

Rumour are spread easily nowadays, yesterday Astro now Measat, which is which or which is actually true one? or both also nothing?
Seems retailers buying a lot instead of big fund. Volume is kinda small but price shoot up big due to low liquidity. Most of the time, Q or buy and sell quantity less than 200 lot nia.

Astro? Measat?

OIC, they are related, ain't they.

Not only expired in 20 days, but most important last day of trading..

First Astro, then Measat, next what?

I don't know why rumour said Maxis want to list through Astro or Measat. They can straight away list on their own themselves, still need backdoor listing?

If said want to take Astro or Measat private, still make sense.

Maxis is much giant size than both of them. Also integrated Maxis mobile business together with Satellite TV seems not quite related.

Cell phone doesn't use statellite ler.

Anyway, at least this market got some rumour on, otherwise bored to dead already.

You on board with this titanic boat liao, you jump I jump.
Joking nia, at 3.30 not my cup of tea.

Qcapital sailing quite fast as well, can't get the second batch, boat going far away already.

Do you notice lately IOI is stuck at 4.6x, can't move at all, be it market up or down.

Look at Astro!

So many late drama today.

Malaysia export figure is rather bad, down 26% yoy, (ok, we knew it would be bad, as price of oil goes down a lot compared to last year), but still show a decline of 5% on month to month basic (compared to March), even though price of oil doesn't fall in April compared to March, instead oil price is starting to pick up during April.

Market is going much further ahead than most economy indicators show until now.

For the discussion on stock holding issue.

Good stocks, you don't scare to hold long, as dividend alone is more than FD rate already. You are making money without needing to do anything or any decision on stock trading as we know any decision making (buy or sell), you have open up a potential mistake made. So the more you trade, the more chance you make a mistake.

But for lousy stocks, applied buy and hold strategy is kinda dangerous game to play because it might not existence after some period of time (due to delisting, company problem etc) or poor company fundamental lead to company share price stuck within few cents or ten cents, while without a single cent of dividend in between. In this situation, everyday or every year you are making a loss or precisely opporunity loss as days go.

My 2 cents.

Auto (except the like Toyota and a few highly competitive name) and airliners (except a few) has little future or specifically future is totally in unknown territory. Economy recovered, oil price shoot up, so still problematic. Economy recession, poor sales but low oil price, still problems.

For me, I won't make big bet in this kind of indsutry on long term basic.

Short, mid-term of trading still ok. Long term basic, definitely a big no for me.

History tell us,there are several others sectors are far more safer and offer more lucrative return than above mentioned industry.

Just my view.

For financial stocks, recommended stocks are Goldman and JPMorgan. My view only.
Goldman is the one making the right bet most of the time. In fact, they gain lot of money from AIG, those TARP money received by AIG from US gov are actually large chunck goes into Goldman because of CDS.

AIG basically owned by US gov already. Currently stocks holders are massively being diluted, same case with GM dilution except it doesn't need or cannot let it under bankruptcy.

They purposely push up the TA so that TA-WB holders will exercise the WB which company can take in 400 million cash.
But the price surge to 1.10 really put TA-WB existing holders in dilemma.

Want to convert, need to fork out 1.00 per WB which generally people bought at 0.01 or 0.005 at least take 500 lots or so, which need 50K capital. While you stand a risk after conversion, mothershare going down.

Those going into MKland, starting to see nice profit already.

I am with you on Tanjong. Q'ing.

For stocks above 1.00 30% on both way on each session (morning and afternoon).

For stocks below 1.00, 30 cents.

LOL, 2 days consecutive same drama.

Risk of goreng those shooting to limit up level.

This time cannot be Maxis rumour liao kau.

This post has been edited by cherroy: Jun 5 2009, 02:29 PM

FF being burnt kau kau last time on Transmile.

They are not managing the company, just having large stake previously aka they don't run the company.
They are the victims as well.

The main problem is that Monday afternoon, if TA mothershare doesn't stay or goes up, 0.005 also nobody want. You want to sell also cannot sell.

Its lastest result was quite poor, so share price is stagnant after rebound from low of around 10.

It is a dividend stock.