play with fire mar.

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Added on November 3, 2009, 4:04 pmPBB-01 kena very heavy sell off.... Hope it will not affect PBB performance...

This post has been edited by chyaw: Nov 3 2009, 04:04 PM

now i remember my mum advise..

wow, lityan dive! everyone panicked and sell..

do you have any on hand now?

from almost 30% now down -7% big movement
who bought at highest sure **** now

haha, got. small amount only. for fun play . after made a cup of coffee comes back - zapppp.. 250! Anyway, not shocked. The earlier profit can pay off.

luckily i don dare to key in order to chase the earoplane

who got burned?

The capital reduction issue is different than ordinary stock reverse split

Eg.
Previously the company has RM1 par value of 8 millions share.
Now company carries out capital reduction exercise, it cancels 0.875 of the par value, so par value become Rm0.125, afterwards, it under reverse split from the Rm0.125 par value back to Rm1.00 with reserve split of 8:1, so that Par value is back to Rm1.00.

So previously you have 8 shares of Rm1 par value, now become 1 share with RM1 par value.

Although share price will be adjusted accordingly, the value of worth of the share is different already.

Share price is not the same with share worth. The price adjustment in the stock market is about reference price, just like stock price being deducted for dividend payout. It never reflect the real value of the share, it is a reference price only.

If solely look at share price, yes, it makes little different, but for value, worth of intrinsic of it, totally different.

For ordinary and purely reverse split, yes, nothing different. Just like AIG one.

Need to separate for ordinary reverse split, with reverse split because of capital reduction. 2 different things.

I already sold mine this morning.. those who didnt enter today but yesterday..shld be ok..

i thought you no longer in Malaysia stocks market?

E&O good buy? =D

I sell jor Lityan twice today, once at 3.170 and remaining at 2.750, I guess the UMA saved me!! ROFL..

You fate change so much nowadays...
Go go go!!! Buy E&O and make it go up for me.

yea, making back all capital i've lost b4 i hibernate last 2 month ago xD
u also got buy E&O ?

got some for goreng... Seems like hangus jor...

aiyakkk.. hangus meh, i remember i saw NEO18 getting it around 1.13, the stock he pick so far never wrong xD

I wonder if it can hit lower limit price today.. as opposed to yesterday.. 2.210

Once UMA comes out, then they need to 'put down' the fire goreng a bit.

As continue to goreng fiercely, KLSE may impose designated status, which goreng syndicate doesn't want to see it.

now directors selling lor.............. instant millionaire...

wow... goreng up and down... i thought it would have limit down but... looks like it's going up now.