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Stock Market V49, MARKET REBORN LIKE A TIGER ROAR !!!

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lklatmy	Feb 5 2010, 02:03 PM Return to original view \| Post #1
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(David_Brent @ Feb 5 2010, 01:56 PM) Oh, I am going to keep mine in the freezer. Am expecting to get my rights and bonus shares soon - just wonder where they are as the Kencana-OR expired last week IIRC..... Mine also not in yet.Probably they don't want us to sell!
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lklatmy	Feb 5 2010, 03:12 PM Return to original view \| Post #2
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(lklatmy @ Feb 5 2010, 02:03 PM) Mine also not in yet.Probably they don't want us to sell! Kencana just announced that the new shares issued pursuant to the RI and BI will be listed on 8th February,the coming Monday.
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lklatmy	Feb 5 2010, 05:03 PM Return to original view \| Post #3
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(VyvernS @ Feb 5 2010, 04:58 PM) If you bought Share A and sold share B today, then can. Depending on IB. In my place,you buy A today and sell B tomorrow,I still can kautim.
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lklatmy	Feb 5 2010, 05:10 PM Return to original view \| Post #4
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(StupidGuyPlayComp @ Feb 5 2010, 05:05 PM) Force selling is on 4th day morning right? if yes it should be ok. I using CIMB itrade This one cimp itrade I donno. This post has been edited by lklatmy: Feb 5 2010, 05:12 PM
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lklatmy	Feb 5 2010, 11:19 PM Return to original view \| Post #5
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(fatw3apon @ Feb 5 2010, 07:44 PM) Guys I really need some help here, please explain how they determine JCY IPO final price for institution? Example 1, IPO OF 500,000,000 ORDINARY SHARES (Institution) Cimb: Bid 100,000,000 Share at RM2 Maybank: Bid 300,000,000 share at RM1 Public Bank: Bid 300,000,000 share at RM0.50 How will they determine the final price for example 1? Example 2, IPO OF 500,000,000 ORDINARY SHARES (institution) Cimb: Bid 100,000,000 share at RM2 How will they determine the final price for Example 2 if there is not enough bidding from the corporate market? Thanks a lot.!! This is my understanding,I may be wrong and stand to be corrected: Eg 1,There's a minimum bid price,in this JCY case,I think the minimum bid price should be sround 1.80. So the two bids by Maybanb and PBB ,assuming below the minimum bid price,will be rejected,whereas CIMB will get it at RM2. Eg 2,CIMB will get all at RM2,the undersubscribed portion of 400,000,000 shares will either be given to retail clients or the underwriters have to makan all. With PE of 20(assuming issue price of RM2),there is not much retail interest in this IPO.Shall not be surprise if the IPO is undersuscribed.
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lklatmy	Feb 8 2010, 02:43 PM Return to original view \| Post #6
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	SGX kakis,any bad news on SAR? My Q matched.
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lklatmy	Feb 8 2010, 02:52 PM Return to original view \| Post #7
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(zWinceZz @ Feb 8 2010, 02:48 PM) it had been following the market trend all this while... market up it up, market down it down.... » Click to show Spoiler - click again to hide... « latest news i can find is this only : STRAITS ASIA SECURES 5-YEAR SUPPLY OF COAL TO ADANI GROUP Singapore – 2 February 2010: Mainboard-listed Straits Asia Resources Limited (“Straits Asia”, SGX: SAR) today announced that it has signed a five-year contract to supply coal from its Jembayan mine in East Kalimantan, Indonesia to the Adani Group. The Jembayan Mine produces 2 types of coal: Prangat and JMB, both known for their consistency in quality. Under the terms of the contract which is effective from 1 April 2010, Straits Asia will sell every 12 months, 1.5 million tonnes of JMB coal and 500,000 tonnes of Prangat Coal. The agreed FOB price for JMB and Prangat coal for each delivery will be based on the public index floating price. Delivery will be evenly spread from 1 April 2010 to 31 March 2015. Said Richard Ong, CEO of Straits Asia: “We are very pleased to have secured a long-term contract from an established customer such as the Adani Group. This is an important step forward in securing long-term buyers as we ramp up production at Jembayan Mine and testimony to the continued demand for quality coal and the willingness of customers to secure long-term supply from Straits Asia.” Adani Group is one of the largest business houses in India with interests in trading, infrastructure, mining, power generation, edible oil, logistics and agri logistics. It is the largest coal trader in India and expects to trade in excess of 26 million tonnes during 2010. ENDS Manyak thanks.
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lklatmy	Feb 8 2010, 03:29 PM Return to original view \| Post #8
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(espree @ Feb 8 2010, 03:11 PM) you queue at what price? 2,still dropping! Only few lots nia.
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lklatmy	Feb 9 2010, 09:56 AM Return to original view \| Post #9
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(chyaw @ Feb 9 2010, 09:48 AM) Yup! Got problem setting up my baseline. Planning to buy anything? Me as usual, those money allocated for shares already all in. Joined you in SAR ,no eye see liao.
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lklatmy	Feb 9 2010, 10:15 AM Return to original view \| Post #10
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(chyaw @ Feb 9 2010, 09:59 AM) Buy and collect div lor. I got no plan to sell SAR. QUOTE(zWinceZz @ Feb 9 2010, 10:09 AM) ya...after CNY should be able to collect dividend liao... Any link to keep track of world coal prices?
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lklatmy	Feb 9 2010, 11:24 AM Return to original view \| Post #11
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(ashiezai @ Feb 9 2010, 11:09 AM) PERAK - Federal Court says - "In the present case, there is no doubt that Zambry has the support of 31 out of 59 members of the assembly." Conclusion,tahu liao! Sorry for d OT.
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lklatmy	Feb 10 2010, 10:44 AM Return to original view \| Post #12
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(jasontoh @ Feb 10 2010, 10:24 AM) RM1 special divvy? This Genm if give you 15sen divvy one go you have to thank sky thank earth liao.
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lklatmy	Feb 10 2010, 03:00 PM Return to original view \| Post #13
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(David_Brent @ Feb 10 2010, 02:36 PM) I think the KENCANA deal goes like this: Per 1000 shares you could subscribe to 400 rights and you'd then get 420 bonus shares. So your 1,000 shares would become 1,820. So at RM1.40 per share after RI and bonus shares the pre-rights pre-bonus price should be 2.55. (1.40 X 1.82) Think that is right. You have to add in the cost of the rights issue,viz 400 shares at 50 sen.
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lklatmy	Feb 10 2010, 03:33 PM Return to original view \| Post #14
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	When XDL was going for listing,Camel bank was doing it and in the internal briefing,the indicative IPO price was around 1.4x.Somehow the IPO was delayed for reasons unknown to us. After a few months,the IPO went ahead with OSK appointed as the main managing agent,though Camel bank was still the Advisor.But the IPO price was down to 50 sen IIRC. This big difference in IPO price was a big surprise to many of us ,and I have been advising my clients and also forumers here to avoid red chips since day one. Unfortunately, my suspicion is coming true.looks like its a real pirate ship. As for the other red chips listed here,I have no idea whats going on. My two sens,please judge your own.
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lklatmy	Feb 10 2010, 03:39 PM Return to original view \| Post #15
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(sharesa @ Feb 10 2010, 03:27 PM) oh, Iklatmy, when you add in the cost 50sen then would be how much? Sorry.... What's your buying price pre RI and BI?I need that to calculate.You can PM me if you wish.
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lklatmy	Feb 10 2010, 04:20 PM Return to original view \| Post #16
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(cherroy @ Feb 10 2010, 03:54 PM) » Click to show Spoiler - click again to hide... « My gut feeling is that (I am not good and might be wrong), 1. I feel not quite right when all red chips come in all are shoe manufacturers, posted before, why all shoe coming to Malaysia? Malaysian like to buy shoe? Joking only. 2. Why target KLSE? There are lot of bourses with more liquidity and more exciting bourses to list, why Malaysia? 3. PER is extremely low for IPO, as normally company list IPO around 8-12x PER. IPO at 3x PER is seems too cheap. Company willing to accept so low valuation for listing? When something being sold at so low price, why investment banks didn't raise any question on it? QUOTE(darkknight81 @ Feb 10 2010, 03:59 PM) » Click to show Spoiler - click again to hide... « Another question here from me also. As you know china is high growth market. All stocks listing there are with high PE compare with listing in KLSE... What is the logic for them wanting to list here? Thats my doubt against all these china shoesmakers. Unless something wrong with their companies which does not fulfilled the requirements of listing at CHINA or hongkong? Accounting fraud? Really don dare to throw my money in these counters. The so called "answers" I have already posted before.No point to repeat. What I can only say is it's sad that SOME people ,even with 5000 years of civilisation record,will go all out to make money in dishonourable way.Those who have been to the land of the Dragon or those who follow redchips in SG and HK can vouch for this. There are undoubtedly many honest people there too.Just that you have to be extra careful if you wish to invest in red chips. I fully agree with Cherroy,red chip companies will have to prove themself on corporate governance before I part with my hardearned money.
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lklatmy	Feb 12 2010, 01:39 PM Return to original view \| Post #17
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(chyaw @ Feb 12 2010, 11:22 AM) hi guys! I'm now in golden lounge at Kuching airport. Waiting for my flight... Courtesy of SAR! Happy new year. This post has been edited by lklatmy: Feb 12 2010, 01:40 PM
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lklatmy	Feb 12 2010, 04:45 PM Return to original view \| Post #18
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	GONG XI FA CAI to all who celebrate. Huat huat huat.................................................................
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lklatmy	Feb 18 2010, 11:56 AM Return to original view \| Post #19
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	PBB foreign traded 8.40!!!!Big water fish.....
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lklatmy	Feb 18 2010, 12:22 PM Return to original view \| Post #20
Regular Senior Member 1,470 posts Joined: Jun 2005 From: Securities Industry	QUOTE(chyaw @ Feb 18 2010, 11:59 AM) those that q buy at 8.40 sure very happy now. are you one of them? I wish I am,then can go home for the day liao. But the poor seller must be crying now.
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