Lion make losses last year.

http://www.btimes.com.my/Current_News/BTIM...210551/Article/

# LION CORPORATION BHD posted a pre-tax loss of RM551.571 million for the third quarter ended March 31, 2009, compared with last year's pre-tax profit of RM50.132 million. Its revenue declined to RM521.112 million from RM1.321 billion previously. It cited the impact of the global economic turmoil and the sharp contraction in demand in the steel industry as reasons for the steep drop in performance.

# LION INDUSTRIES CORPORATION BHD swung into a pre-tax loss of RM298.353 million for the third quarter ended March 31, 2009, from a pre-tax profit of RM215.677 million a year ago. Its revenue eased to RM927.134 million from RM1.693 bilion previously.

TMnet... big shark are playing with the counter. .. can see seller throwing big quantity at lower price and small buyer past few days
They will let it fall till .... not sure when they will start buying back yet.

Lionind also i feel got some insider ppl pushing up its price since last week, they know the financial report is bad but want others to support the price so it wont drop much once report out.
I'm queing to buy at lower price.. din drop much yet..

OSK today very stable. Drop till 1.34, i grab some and que sell at 1.36.
Didn't expect it to shoot up so fast till 1.39 after lunch break.... zzz..
I went out to bank come back see all sold liao. Make some peanuts profit only

Those who bold enuf to buy good stocks at dip can make some weekend money.

Biz news around the world become so good again.....

Maybe tat time almost close ady... no buyer que to buy at the next price, so the seller wanted to clear his stocks just sell at watever price the buyer que at?

This is a known issue, syndicate play.. all big shark pakat to make money... they control the ci and will do watever shit to trick small investor/trader to part off with their hard earn money.
Ask any experience remiser, they will tell u KLSE is controlled by the syndicate team.. if their boss give signal to let go, the stock will free fall...

One good example here is TM. Those who holding TM shares now wondering wat are Khazanah and EPF doing..
Last minutes big seller come wacking all the buyers kaw kaw.. drop bomb by selling 12000 /5000/4000 lots .

I already gave warning earlier don't buy these few days for TM stock.... those aXXholes wants TM stock price to go down.


This post has been edited by viper88: May 29 2009, 05:37 PM

I have a bad feeling next week KLSE CI will have a big drop.
Based on the last minutes dumping for those heavyweight stocks.... it seems
huge badass bear will be coming back.

Don't buy yet. Market seems bad ady..
From the info i get, theres high possibility the syndicate try to bring down the ci again.
because wanted to get the 3rd stimulus financial aid money.. they will let stock price plunge to justify the need for more money aid to boost economy..

I'm on 100% cash. Already clear my OSK stock today.

Here's current Jupiter acct status..

Its not my acct leh..
Still long way to go before can reach 1 million.

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Added on May 29, 2009, 9:31 pmMake few hundred to few Ks only... small fry oni.

This post has been edited by viper88: May 29 2009, 09:31 PM

Hmmm.. what makes u guess i have tat much in my trust fund?
My trust fund is cash upfront, no margin etcs..

Hahahha.. ur acct also have 1 million..
Nice.

Yup.. all wondering what will happen next coming weeks...

I got my OSK dividen cheque on thursday.. after tax get about 1200++
Bought during rm1... sold after ex to buy lionind... think back...holding OSK is better for long term dividen play.. less worry.

OSK gives 2.5 sen dividen for each unit of OSK shares minus 25% tax.
I bought 65K units of OSK shares.

Go check your Jupiter acct status, see whether your trust fund and available trading limit updated yet?

Bull?
http://bursa88.blogspot.com/2009/05/recess...what-to-do.html

or

Bear?
http://todayfinancialworld.blogspot.com/20...d-in-tears.html

How much u put in TGoffs?
My remiser alwys says if market is getting hot very toppish/unstable, its time to trim down shares and get some profit, dun hold too much stock. Hold some cash for backup in case any big drop in share market. Later when market more stable can consider buying back some to average down price for those good stock.

TGOffs is a good shares, i will like to buy some if it drop to RM1.

Its recent dividen 4sen and 2 sen really yummy. Tabung Haji accumulating it recently, should have some strong support. Unless if oil price drop to USD 30 again.. its price wont swing much.

This post has been edited by viper88: May 31 2009, 08:42 PM

I receive news from my remiser something is brewing with Astro stocks.. it might go up higher.
There's possibility of relisting back of xxxxx.
Its unconfirm news... so theres risk..

Looks like theres some selling on astro, looks not good....




This post has been edited by viper88: Jun 1 2009, 09:04 AM

Look for potential good stocks with news play
Que low buy price
Buy lesser units
Intraday trade

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Added on June 1, 2009, 9:11 amSmart..
Its not confirm yet... maybe not tat soon... Astro price might fluctuate..
becareful if interested to play.

This post has been edited by viper88: Jun 1 2009, 09:11 AM

M -?
Maxis le...
Gosh.. buyer vol start coming up....