Market is playing with dangerous game, gorenging PN17 counters.

Revenge?

Hope not a PN17 trap then.

If goreng Lityan, go to toilet also cannot, price swing so drastically even within second.

The toilet time can be costly as well.

The screen not showing blink blink like most counter but the counter 'light up' constantly, and seeing price change differentiate more than 5 cents without any blink (because no time to blink).

This is not casino, but Russian roulette.

This is about capital reduction exercise.

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.

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.

The movement is totally unpredictable, depended on the willingness of goreng only, so russian roulette suit to the description.

Yup, suspended because need to reply the UMA.

They gave some reason why share price up

Next goreng theme, GLC, LTH linked?

EPF buying a lot lately.

There is no cap on gain and loss side, just you will face margin call (to top up for the loss) if the fall below the maintenance margin level.

Rm 3500 (which vary from time to time) is the initial margin one has to put in for owning the contract.

You can lose Rm35K with Rm3500 as starting point. Unlike stock, you put Rm3500, the max you lose is Rm3500, futures is unlimited.

For long side 1240 x 50 = Rm62K max you can lose,
For short, sky is the limit.

This post has been edited by cherroy: Nov 4 2009, 11:18 PM

Investment bank will force sell/buy your contract.

Somebody sapu Tanjong.

Just to share, I came across a new/article in thestar just now.

http://biz.thestar.com.my/news/story.asp?f...89&sec=business

But need to consider Stareit is highly liquid and its properties lease issue is more stable than other.


This rocket always pancit at 16.00 or near 16.00 one.

Highly liquid - good - easy to buy and sell.

Lease more stable - good (but in booming time, no good, as you don't have chance to increase rental)

To add one thing is that those properties (Stareit owned) are in golden triangle area, which is highly demanded, unlike some others office building may be more outskirt area which might not easy to find tenants for filling up fully the vacant space and properties in 'golden area' tends to appreciate more than others.

This is old news/story already, which don't think it will. There is no incentive for it (to unlock the value) as company is not short of cash nor must see its share price reflect its valuation.

Yes, it is good for shareholders/investors for company to unlock some potential or intrinsic value of the company, but as long term investors and company management side, it makes little different.

A company share price stay undervalued has one good thing that is if you have free cash time, you have chance to buy.

If a company is making steady profit and give those profit as good dividend to shareholders, then it is good enough for the shareholders. You look for the company profit sharing, but not look at daily share price, although we did and concern a lot, haha.

Msport?
Huaan?
Xinquan?