Still got meh?

Woah!!!!!!



Anymore?

No wonder just now my left ear kept on twitching.

Today got what fresh tips?

KSL can or not?

However, if he was any good, he should never had bankrupted the very first time.
To bankrupt 3 times means he did badly wrong 3 times.

It is good to learn from your mistakes.
It is also good to learn how to pick yourself up after falling.

But being bankrupt means you failed terribly bad, many times.
It is not something to desire for.

I rather learn from my mistakes from day one and make sure I never ever be a bankrupt.
This is me.

However, if you think otherwise... err .... go ahead lah.

Yes!!!!

I understand this kind of thinking.
You see it in the movies, person picking themselves up from bankruptcy.
You see it in the news.
Success stories from bankruptcy.
It's a good teaching that if one fail, one should not give up and that we should try and try until we succeed.

But let me say again..
While it is indeed good to pick ourselves up from failures, this is not a position we want to be in, definitely not from a bankruptcy perspective.

We are not Richard Bransons.
If we fail, there is a good chance we will not be able to pick ourselves up no matter how hard we try.
We cannot afford failures like those rich people.
Rich people can start a business venture and they can afford to let it fail
The cost of the failed project is a spit in the ocean for them.
They can afford many more failures unlike us.
We fail just one time ah.. we will die standing.

We want to learn from other mistakes so that we don't fail.

How true!

I remembered quite a few who gambled on Transmile after its fraud case blew open.
The reason why they gambled on it was the Kuok factor.
They opined that surely Kuok won't let Transmile die.
Rest is history.
Kuok took his million dollar losses in Transmile.
Only problem is Kuok could afford it!
If it was us...
A few thousand or a few hundred thousand losses would bring fly us straight to Holland!

End saying.. same human different life!


Stock market mistakes can kill one!

Today tipsy ah?



Don't simply follow rich people buy shares.
They rich they can afford to simply lose.
We simply lose, we lose our dai foo and more ....

Tips!

Specially for Uncle Gark!

Veggie list posted before.



Yesterday on a down day, Mulpha (can see Mulpha name on the veggie list?) was active and at one time, it looked as if it could fly very high.

Reason is HDBS called it up.
It's another Iskandar play.

http://www.theedgemalaysia.com/business-ne...ndervalued.html

Iskandar theme is still rotating and got the feeling this theme will continue for some time.

What I posted yesterday morning was just market obersvation that there is rotation play in the Iskandar sector.

I have no interest in Mullpha and I do know that birds can fly but I don't know if Mulpha can fly.

Interesting.

I guess when you say these commodities, you are referring to AU (Gold).



At what price do you slowly plan to buy?

Buy at where you 'think' there is support?


Two school of thoughts.

1) The 10 year chart tells that AU had one hell of a bull run.

The scary thought of that statement is 10 year run only once...

Not a comforting thought, if you can understand this point.

(point to note, some was dismayed by the poor AU performance in 2012 because it did not challenge the previos 2011 high)

2) Some say in this grand bull run, there was NO significant correction (30% or more).
Many wanted to buy AU but only after a significant correction.
Maybe THIS could be the significant correction they are waiting for............

Go read this article about SPACs: http://biz.thestar.com.my/news/story.asp?f...11&sec=business

I woudn't trade such shares at all.

Don't like the theory behind these type of companies.

My thoughts.

Forget about the IPO pricing and the so-called free warrants already.
This is because no matter what those prices are already in the past.

Warrant is a right to buy the share in the future at the set conversion price.
I would not say there is no value in it.
In this case, IF CLIQ can develop into a REAL company by acquiring the right assets/company, this mother share will be of value.
If that happens, the warrant will have its value.

Warrant is tricky.
Sometimes it is out of value to the investing public but for the major shareholders, there is value because the warrants can be converted anytime into mother shares and when that happens, the major shareholder increases his/her stake in the company.

Second part of your question? LOL! I tak tahu.
I cannot comprehend why Bursa is allowing such listings.
These companies are shell companies right from the start.
With the IPO, they get the BIG FAT BLANK CHEQUE., in which the company will argue... the money is protected.
This is not business for me.

I hope you understand that this is just a matter of preference.
Even though, I am a trader, there are many stocks I do not and will not touch.

This is not to say these stocks that I do not trade have no hope and cannot fly.

No problem la.

Remember I don't and I won't trade shares like SPAC because I feel how the whole idea behind SPACs is nonsense. The market is giving the company MONEY to BUY a business.

That said, market will point to the 'success' of Hibiscus in terms of share performance....

You like to be a forum traffic officer hor.

ps: In a forum, educated forumers share their different view points. It is normal.
Those that love to quarrel... should really stick to play angry birds.

Err.. some of EPF's funds are outsourced and managed by external fund managers.

This is why it's so common to 'see' EPF buying and selling on the same day itself.
It's exactly like selling from right hand to left hand.

However if you open UEM Land's announcements, near the bottom, you can see that EPF board itself is not selling or buying.
It's the external fund managers which are doing the buying and selling.
In UEM Land's case, it's CIMB PRI, Alliance and ARIM (don't ask me the short forms. )

I wouldn't blame them actually.
For the selling fund, UEM Land share price has gone up a lot since last SEP 2012.
I remembered noting in the Bursa Trader forum that it was around 1.70 then.
If the funds like CIMB bought during then, it is hard to fault them for selling leh.
It's good profit.

Well said Uncle!




(This morning got tips ka? )