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Stock Market V38, Return of the B...
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David_Brent
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Aug 20 2009, 11:29 AM
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QUOTE(panasonic88 @ Aug 20 2009, 11:28 AM) rumour said the shareholders gets a way much "cheaper cost" than the IPO price. So they can afford to dump, and at the same time, they get fat pockets $$$$$$ Don't you go to jail for doing that?
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zamans98
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Aug 20 2009, 11:29 AM
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QUOTE(David_Brent @ Aug 20 2009, 11:25 AM) I don't understand how a company can IPO at 0.85 and then drop 0.10 in the first day. Does it mean that all those investors who applied and got the shares at 0.85 suddenly decided to throw the stock and lose 10 cents a share the day that trading started?  exactly, how come the IPO successful applicant wanna throw lower that their price? Might as well simply buy any share then sell it @ lower price. No logic at all, unless some sifu can teach me.
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panasonic88
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Aug 20 2009, 11:30 AM
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20k VIP Club
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QUOTE(David_Brent @ Aug 20 2009, 11:29 AM) Don't you go to jail for doing that? aku tak tau hearsay hearsay
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cherroy
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Aug 20 2009, 11:30 AM
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20k VIP Club
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QUOTE(panasonic88 @ Aug 20 2009, 11:25 AM) i typed & googled "bad month for stock market" this is what i get: OCTOBER! CODE October is not a good month historically for stocks and the stock market. It can be said that the stock market has crashed three times and each of those disasters happened in October make sure you are aware of this, fellow investors.  We have Spring, Summer, Fall and Winter season in a year September & October is in Fall season, so stock market also fall lor. May be people interpret like this way.  Just my nonsense talk.
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cantdecide
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Aug 20 2009, 11:30 AM
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QUOTE(panasonic88 @ Aug 20 2009, 11:25 AM) out of curiousity i typed & googled "bad month for stock market" this is what i get: OCTOBER! CODE October is not a good month historically for stocks and the stock market. It can be said that the stock market has crashed three times and each of those disasters happened in October make sure you are aware of this, fellow investors.  I think it is coincidence only. Many actually reported or said the same thing last year when the market somewhat crashed. Anyway, as long as money can be made in share market.....who cares.... Well, back to today. Looks like Tanjong is moving away from my RM13.xx...sigh....Now...back to hunting and more research on next stock to consider.....any other good fundamental stock that is beaten down at the moment?
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SKY 1809
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Aug 20 2009, 11:31 AM
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QUOTE(panasonic88 @ Aug 20 2009, 11:30 AM) aku tak tau hearsay hearsay major shareholders cannot sell shares for 6 months upon listing. You have lobang to get cheap shares ?
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David_Brent
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Aug 20 2009, 11:32 AM
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QUOTE(cantdecide @ Aug 20 2009, 11:30 AM) I think it is coincidence only. Many actually reported or said the same thing last year when the market somewhat crashed. Anyway, as long as money can be made in share market.....who cares.... Well, back to today. Looks like Tanjong is moving away from my RM13.xx...sigh....Now...back to hunting and more research on next stock to consider.... .any other good fundamental stock that is beaten down at the moment? Genting? BJTOTO?
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panasonic88
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Aug 20 2009, 11:32 AM
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20k VIP Club
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QUOTE(SKY 1809 @ Aug 20 2009, 11:31 AM) major shareholders cannot sell shares for 6 months upon listing. You have lobang to get cheap shares ? but hor, why i see Handal shareholders dump their shares on the 1st day of listing. can check back from announcemnet.
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zamans98
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Aug 20 2009, 11:32 AM
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7121 : Also under heavy selling pressure. Another china pirate ship?
Morning up +0.055, now -0.055
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cherroy
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Aug 20 2009, 11:33 AM
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20k VIP Club
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QUOTE(zamans98 @ Aug 20 2009, 11:29 AM) exactly, how come the IPO successful applicant wanna throw lower that their price? Might as well simply buy any share then sell it @ lower price. No logic at all, unless some sifu can teach me. The people whom throw can be those 'failed goreng' people which has high hope for first day IPO goreng. Try to make money in quick goreng, fail, then dispose lor. <--- which happen quite norm, and which is good discipline to obey in gorenging. Once wrong, cut.
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David_Brent
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Aug 20 2009, 11:34 AM
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QUOTE(cherroy @ Aug 20 2009, 11:30 AM) We have Spring, Summer, Fall and Winter season in a year September & October is in Fall season, so stock market also fall lor. May be people interpret like this way.  Just my nonsense talk. That's why it's better to call 'Fall' "Autumn"
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mopster
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Aug 20 2009, 11:35 AM
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how many % of shares one need to own before the name is shown on "changes in shareholders" list ??
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cherroy
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Aug 20 2009, 11:35 AM
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20k VIP Club
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QUOTE(cantdecide @ Aug 20 2009, 11:30 AM) Well, back to today. Looks like Tanjong is moving away from my RM13.xx...sigh....Now...back to hunting and more research on next stock to consider.....any other good fundamental stock that is beaten down at the moment? Still Tanjong & Qcapital for me at the moment. May be Makcik will open rambutan stall in the afternoon, morning just rest time, has not woke up yet, after yesterday good business, selling so many. Added on August 20, 2009, 11:37 amQUOTE(mopster @ Aug 20 2009, 11:35 AM) how many % of shares one need to own before the name is shown on "changes in shareholders" list ??  5% stake will start to classified as substaintial shareholder, by then any transaction need to declare, even buy/sell 1 share. This post has been edited by cherroy: Aug 20 2009, 11:37 AM
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SKY 1809
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Aug 20 2009, 11:37 AM
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QUOTE(panasonic88 @ Aug 20 2009, 11:32 AM) but hor, why i see Handal shareholders dump their shares on the 1st day of listing. can check back from announcemnet.  I think China one like XQ cannot.
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David_Brent
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Aug 20 2009, 11:37 AM
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QUOTE(cubic @ Aug 20 2009, 11:35 AM) What you think about KNM?? and LCL??? Dropping like.... Still can hold??? KNM and LCL both up today - no?
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enji
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Aug 20 2009, 11:39 AM
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Getting Started

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QUOTE(David_Brent @ Aug 20 2009, 11:37 AM) KNM and LCL both up today - no? Both up by 0.02
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.:BreT:.
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Aug 20 2009, 11:39 AM
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QUOTE(SKY 1809 @ Aug 20 2009, 11:16 AM) I rather look for one who is learned than Cheap. There is a very good one in this thread.  who? my current 1, call din pick up, sms ignore.... not professional at all..... ask for intraday form, 1 month still ignore.....
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Freelancer
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Aug 20 2009, 11:40 AM
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Axiata is climbing. Financials coming out soon?
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zamans98
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Aug 20 2009, 11:40 AM
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QUOTE(David_Brent @ Aug 20 2009, 11:37 AM) KNM and LCL both up today - no? should dump my LCL at 0.87 for no profit no loss (BE) better use the fund for SEALINK
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