Bersihkan OSK.

This post has been edited by SKY 1809: Jul 26 2011, 09:42 AM

there werent people queued at 1.95.

those who got matched at 1.95 were the buy queue from 2.27, 2.26, 2.25, 2.24....

all those people queued for 2.2x have gotten a good deal as they only pay 1.95.

that's how stupid bursa's system work.

in fact i think this part of system is nice since it giv buyer a better price , bursa wan deal to be done , so its perfectly ok for them to do dis way

it is now impossible for me to dump all the CE's at 0.115 now.

with 1.95 as the 1st day closing price...

if next 4 days closing price is
- 2.23, then CE is worth 0.112 a piece.
- 2.24, then CE is worth 0.116 a piece.
- 2.25, then CE is worth 0.120 a piece.
- 2.26, then CE is worth 0.124 a piece.
- 2.27, then CE is worth 0.128 a piece.
- 2.28, then CE is worth 0.132 a piece.

most likely OSK wouldnt dare to do a 1.95 again. i am pretty comfortable with 2.23. getting 0.112 cash per CE is not much different from selling in open market for 0.115 minus brokerages.

so if it's 2.24, of course will be better than selling in open market for 0.115.

as for 2.25, possible too.

2.26? uh... i need some luck.

2.27? i go buy 4D!!!

2.28? buy big sweep lor...

oh well...

---

Added on July 26, 2011, 1:17 pmthe system is ok but not ok for the last 10 min. because pre-close price will determine the closing price.

bursa should just let anyone who wanna wallop 30 bids up or down during REGULAR trading time and limit the numbers of up/down bids on pre-close period.

well, that's my opinion.

This post has been edited by freddie: Jul 26 2011, 01:17 PM

Bursa spent about 50m or so to upgrade their softwares , as mentioned as their main concern is to cut down manipulation on the closing price.

But now 33 bids manipulation is kinda totally out of the expectation

Just like the bullet train crashed in China.

This post has been edited by SKY 1809: Jul 26 2011, 01:25 PM

oh yeah , i din consider for the cw part

so if osk were to do dis again, is there any action can be taken by us ????

To manipulate the cash value of the expiring DRB-CE which was issued by OSK themselves.

You can write to Bursa but I doubt they will do anything.

reply received from SC...

Cronies replies is like this ?

Thanks Icy.
Luckily MHB-CXXXX not like that one.

edited

This post has been edited by Bonescythe: Jul 26 2011, 11:11 PM

Trading Error or Manipulation on DRB ?

" I will swing towards it being an intent to manipulate because WHO IN THEIR RIGHT MIND WOULD PUT A 3m BUY ORDER or SELL ORDER ON DRB HICOM given the current normal daily trading volume of the stock WITH 15 MINUTES OF TRADING LEFT???? Maybe because the egg has now been splattered over everyone that the intent has to stop. If there was no outcry, maybe we will see even more of these "trading errors"."

by DALI

http://malaysiafinance.blogspot.com/2011/0...ion-on-drb.html

THE POWER OF SOCIAL MEDIA

This post has been edited by SKY 1809: Jul 27 2011, 11:51 AM

Most losers are those who dun even understand the rules of the game. Losers dun even know how Trading at Last works. When they lose money they will blame everyone except themselves.

What is the rules of the game?

Why should we blame ourselves when there is a clear manipulation happening?

It's Bursa computer that determine the closing price should be 1.95.

If you think there is manipulation, proof it

There is no rules in the beginning...

It becomes a mini Bersih 2.1 issue in the market.

it does not need any proof to prove some forumer like u r idiots.

i'm neutral (not holding DRB atm) but still behtahan idiot postings

If you can even get this SO SIMPLE logic SO WRONG from what you wrote there, i think there is no need to further discuss with you. I know EXACTLY how these trading platform works. I wrote some of those software before. So don't simply pretend to be master here.

This post has been edited by yok70: Jul 29 2011, 02:38 AM