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 STOCK MARKET DISCUSSION V98, Celebrating KLCI breach 13xx point

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ken_ng
post Sep 21 2011, 04:02 PM

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QUOTE(jeffwpl @ Sep 21 2011, 03:35 PM)
2577    YTLLAND    YTL LAND & DEVELOPMENT BHD 
Rights Issue 3 : 5 @ RM0.50 (Amended) 

Entitlement Details:
Renounceable rights issue of up to RM248,684,727 nominal value of ten (10)-year
3.0% stepping up to 6.0% irredeemable convertible unsecured loan stocks
("ICULS") at 100% of nominal value on the basis of three (3) RM0.50
nominal value of ICULS for every five (5) existing ordinary shares of RM0.50
each in YTL Land & Development Berhad ("YTL Land") held on 5 October 2011 at
5.00 p.m. ("Rights Issue of ICULS")
*
it means u'll get 3 RI(right issues) for every 5 YTLLAND mothershares.

eg:
if u have 1000 units of YTLLAND, then u get 600 units of RI.

correct me if i'm wrong notworthy.gif

This post has been edited by ken_ng: Sep 21 2011, 04:02 PM
ken_ng
post Sep 21 2011, 04:21 PM

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QUOTE(jeffwpl @ Sep 21 2011, 04:14 PM)
thank u Ken_ng,
but what about this mean 3.0% stepping up to 6.0% irredeemable convertible unsecured loan stocks
("ICULS") at 100% of nominal value

*
this one not very sure...paiseh...hehe...gota need other sifus/sijies help dy...
ken_ng
post Sep 22 2011, 10:11 AM

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i can see at least some support on PARAMON, although they are not big lots but it is comforting
ken_ng
post Sep 22 2011, 10:54 AM

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QUOTE(DarkNite @ Sep 22 2011, 10:50 AM)
Tony ah, no support for Airasia ha? 2.95 liao!
Your sharks sleeping?
*
sharks' gut also bcome ikan bilis gut liao tongue.gif

even genting also not much support... ppl might have a thought that supporting now = throwing $ into 咸水海 tongue.gif

This post has been edited by ken_ng: Sep 22 2011, 10:56 AM
ken_ng
post Sep 22 2011, 11:06 AM

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haha...wat a joke from OSK:

"OSK Research is maintaining its Buy call on AIRASIA BHD [] at RM3.16 and has a fair value of RM5.18."
click here for source

i think they wana sell to us thats y they have a buy call whistling.gif
ken_ng
post Sep 22 2011, 12:03 PM

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QUOTE(Myoswee @ Sep 22 2011, 12:00 PM)
Half cash / half stock?
*
they shd be rclxub.gif hmm.gif shakehead.gif

rclxub.gif - so many choices
hmm.gif - duno isit cheap enough now. not sure will drop later
shakehead.gif - dun buy 1st, better observe few more days

This post has been edited by ken_ng: Sep 22 2011, 12:05 PM
ken_ng
post Sep 22 2011, 12:15 PM

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QUOTE(panasonic88 @ Sep 22 2011, 12:13 PM)
You guys are so quite after market broke 1400. laugh.gif
*
ppl are busy placing sell orders tongue.gif but not LYN members...
ken_ng
post Sep 22 2011, 12:17 PM

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QUOTE(panasonic88 @ Sep 22 2011, 12:16 PM)
Worth watching: F&N , Zhulian , Carlsberg, Gnealy
*
roger that brows.gif
ken_ng
post Sep 22 2011, 12:19 PM

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QUOTE(gogo2 @ Sep 22 2011, 12:18 PM)
Updated front page to reflect our celebration.
*
lol laugh.gif
ken_ng
post Sep 22 2011, 02:29 PM

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sorry to say that usually 2nd session will be uglier unless there is some magic during 4pm. hope i'm wrong. dont shoot me ya notworthy.gif
ken_ng
post Sep 22 2011, 02:36 PM

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can i ask a question here?

since we always said that "Don't lose the capital", so shd we cash out to preserve our capital instead of letting it decreases gradually. I know some our our sifus/sijies here are just lossing the profits which they earn previously. But i'm referring to the condition where i'm not lossing the profit but i'm losing my capital. Besides, my condition is i dont have extra bullets to avg down.

thank you for any advice, recommendation and suggestions.

p/s: i know some sifus/sijies think it's not good to give advice like this. but i really hope to listen to some advice. your recommendation will not lead to my selling/buying decision, don't worry.

This post has been edited by ken_ng: Sep 22 2011, 02:39 PM
ken_ng
post Sep 22 2011, 02:42 PM

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QUOTE(GregPG01 @ Sep 22 2011, 02:38 PM)
original capital , profits . any difference ??? all looks like REAL $ to me .
*
bro Greg, my situation is something like this:

scenario A: i have 10k capital, and my loss is 2k now so i left 8k.

scenario B: 1 have 10k capital but i earned 5k in previous years. and because of the red market i loss 2k. so u r not losing your capital.

so these are the diference.
ken_ng
post Sep 22 2011, 02:46 PM

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QUOTE(cherroy @ Sep 22 2011, 02:40 PM)
...you must buy the stock that highly won't result you 'to lose capital'.
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ic...thank you bro cherroy for enlightening. but i'm still wondering shd i cut loss. coz if i dont cut loss and the market continue to become reder, then all my capital gone dy...
ken_ng
post Sep 22 2011, 02:49 PM

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QUOTE(mopster @ Sep 22 2011, 02:47 PM)
hmmm 1 remedy i can think of..
Dont look at stocks u own.. Look at the stocks u want to buy!!!
hohohoho.... laugh.gif
*
ya...but i still need the capital to buy the stocks i want to buy smile.gif coz i'm 100% stock and 0% cash. my capital is from my monthly salary. so after deduct this and that then not much left.
ken_ng
post Sep 22 2011, 02:56 PM

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QUOTE(cherroy @ Sep 22 2011, 02:47 PM)
The most important is your underlying stock quality and ability to pay you handsome dividend, which I like old man repeating this same advice.
*
i'm holding PARAMON and they did pay 5c divvi recently. my abp is rm2.01 but now it is...haiz...

QUOTE(skiddtrader @ Sep 22 2011, 02:50 PM)
If you did not cut loss, you might be in a less advantageous position (less funds) to re-enter a favorable trade in the future when the market is up.
*
ya, this is the point that i'm wondering whether to cut loss and wait for a better chance to reenter the market. notworthy.gif


if i have extra bullets, i dont mind holding PARAMON since it's fundamental is not bad. nod.gif now i know why i shdn't 100% stock nod.gif
ken_ng
post Sep 22 2011, 03:10 PM

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SIME likes to be different!!!
ken_ng
post Sep 22 2011, 03:34 PM

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may i ask is there another meeting for US tonight?
ken_ng
post Sep 22 2011, 03:46 PM

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QUOTE(cherroy @ Sep 22 2011, 03:40 PM)
Fed just announced operation twist last night, then market also "twist"...  laugh.gif
*
this morning bro ivan said something as below. So tonight shd have another meeting?
QUOTE(ivan1128 @ Sep 22 2011, 10:21 AM)
Fed meeting tonight at 2 something am at our time.... depends on how's the outcome of  the meeting lo....
*
ken_ng
post Sep 22 2011, 03:50 PM

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wa...DIALOG below rm2 liao...
ken_ng
post Sep 22 2011, 03:53 PM

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CI becomes uglier and uglier, 1395.x now...

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