Ya this one hah... although the chart scream sell sell since volume disappearing...

But...

Valuation is still decent despite the run up.. if volume and price contracts, then perhaps can buy more. 

I am still waiting for the next Q report.. so if the next Q report report bad, then might sell but that time sure drop 10-20 sen but still in the money...

Its a bet I am willing to take now. 

Anyway my cash position is very high already de...  Any tipsy mou ah... 

Itu speculative tipsy.. tak nak! 

For Inari, a few postings were made on this thread.
Just scroll back and read.

Insas? Today's a very bad hair day for Insas.
Stock will probably try to consolidate...

If you intent to buy... just wait la... don't rush to buy.
If you intent to sell.... err... dunno how to advice. Sorry.

Cause this counter need lots of patience one ...

6688 is potentially going to dispose off all asset, do capital repayment and delist estimated 1H2014. Maybe because the founder Tan sri has recently passed away and all the kids wants their share. 

So far...

1. Agree to sell the investment bank and fund management to Affin - price not announced yet, expect 1.3x book value so RM 1,270 million
2. Recently sold off Cambodia bank to Phillips capital - USD 40 mil or RM 128 mil - deal done
3. Sold off their office tower to Putrajaya holdings for RM 82.5 mil - deal done
4. Now the only business left is the money lending business, expect RM 200 mil if they dispose off

Total 1270+128+82.5+200 = 1680.5 mil

Divide by total share outstanding potentially will be RM 5.6 -6.2 / share... but if the deal with Affin tak jadi then jialat. 

Deal with Affin is expected to complete by end 2013...

For the liquidation, capital repayment, special dividend etc etc...

I estimate best case 4 months worst case 8 months (or more)... 

There is a chance that the cash CAN BE STUCK inside the company if the main shareholder choose not to distribute all...but i see it not so likely...

The chairman statement in the AR sounds very apparently they want to get out of the business eh?

see the calculation i give.. dont be lazy. 

Better don't...
I talk wind only.

This one also know how to make..but i dont use meat but add chilli flakes. i like using penne pasta for this sauce. 

Haha later boon scold us turning this into cooking thread 

I mentioned the weakness to him 2 weeks ago already....

Here nobody cares what talk we talk le.
Talk 5 talk 3 talk 5 talk 4 also can.



Ling Ling Ling 8 chart how you see?

We shall wait for Q results eh?

Thanks.. similar to my thoughts...  but i would like to monitor 5204 further.. 

I though you always teach let profits roll one? 

Easy thing to do is watch them real big fat gangstas in the forex....

I would use 320 to the USD as a guide...

Once the USD zooms past 320...
we know them forex mobsters are pricing in the taper...

Whether they are right or wong.....
that impact...
would cost funds to shift away........

And no matter what we say (like, logically, taper actually makes sense and it's something that needs to be done) ...
we do need to heed to what's happening.........

Dont worry... same boat de.. between yesterday open and current price already 'less profit' 2 iphones... 

Wahhhhh I buy stock got no exit TP one leh.. look at valuation, Q reports, look at sentiments, look at news one leh.. 

ling long ling fatt? 

depends lah... if sell due to general market panic then mah buy lor.. but sell due to valuations high.. that one dont play play.