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 STOCK MARKET DISCUSSION V132, Everyone Huat!

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cherroy
post Jun 21 2013, 05:24 PM

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QUOTE(jasontoh @ Jun 21 2013, 05:22 PM)
If it is machine then, my innocent portfolio take a heavy beating because of the stupid bug lo
*
Monday will back to normal price one, don't worry.

cherroy
post Jun 21 2013, 05:26 PM

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QUOTE(panasonic88 @ Jun 21 2013, 05:23 PM)
I second that.

Now waiting for Bursa to make any announcement whether they accept it or not.

But based on past experience, Bursa accepted those transaction, so consider super lucky for those who got the durian and price rebounded to where it was the next day.
*
RM 5 difference for Bkawan, >200 lot transacted.

This is Rm1 million rabbit.


cherroy
post Jun 21 2013, 05:30 PM

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QUOTE(yok70 @ Jun 21 2013, 05:26 PM)
put kena bought 1 million, then can retire lah.
if only kena $5000, now to retire.
you dare to put 1 million to queue or not.  tongue.gif
*
Even you dare,
Remisier and broker house won't dare give more than 1 millions credit to anchovies, most give around 6 digit.

cherroy
post Jun 21 2013, 10:04 PM

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I wonder the selling order is automated or not?

Programme glitch?
cherroy
post Jun 21 2013, 10:30 PM

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QUOTE(faradie @ Jun 21 2013, 10:24 PM)
Fundamentalist would say yes should recover but feeling is not so fast. Battering of emerging currencies, global stock mkts decline and low commodity mkts have just started. I would wait and see to be cautious!
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If the trade is done on last min, you can assure 99.99% next day the price will recover to is normal price range (for eg. all day long trade at 19, suddenly close at 13, next day trading, it highly will recover at least 18.xx region.

If the trade is continously sold down throughout the day one, then yes, different story.
cherroy
post Jun 21 2013, 10:46 PM

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QUOTE(faradie @ Jun 21 2013, 10:37 PM)
Why would someone want to sell limit down in the last 10 mins before market close? It's not normal unless the seller wanted the order completed because he wanted to exit the Msian mkt or some other non routine trade reasons. In this case, it looks like a buying opportunity considering BKB is a solid long term counter.
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Didn't DJ once plunged 1000 points before one time, a famous "flash crash"?

Nowadays, we got programme buying/selling, automated execute order, fat/thin finger etc.

So a lot of thing can happen nowadays.
So "stand under the tree, and wait for rabbit to hit the tree" can be a good strategy, better than buying lottery. biggrin.gif
Joking only.



cherroy
post Jun 22 2013, 11:42 AM

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QUOTE(panasonic88 @ Jun 22 2013, 08:33 AM)
You are right.  nod.gif

I checked back my "diary"
lol I jot down simple notes/feelings on every trading day back in 2013. Kinda useful to trace back tongue.gif

So history gonna repeat in 2014?  rolleyes.gif
*
Don't need to chalk down the date, just Q everyday low low every stock that interested will do. (like 10% below normal market price), aka plant the tree and waiting the rabbit to come.

But remisier may not happy. laugh.gif
cherroy
post Jun 22 2013, 11:45 AM

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QUOTE(vccy118 @ Jun 22 2013, 09:53 AM)
Another possibility: Financial fiscal year already and they need too cut the dividends they need to give to their fund/bond buyers. Suddenly limit down like that will register a lower revenue in their financial report thus reduce the dividend they need to give out. So by transferring the stocks they hold to smone else, they still own the stocks, but it won't reflect on their financial report.
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Won't do the trick, as market is not you alone.
When you throw the stock in open market, other can get it as well, it is not an off market deal, but open market one.
cherroy
post Jun 22 2013, 12:24 PM

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QUOTE(Icehart @ Jun 22 2013, 12:14 PM)
I remember there was once I queue for MBSB-WA at 60+ cents (a very quiet day) and at the end of trading day I checked and the day low was lower than my queue price with 15-20 5k lots transaction. Surprisingly I didn't manage to get.  rclxub.gif
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Impossible.

If your Q price is higher than than transacted price, it should clear your Q first before hitting the next lower price Q.

Like that, it is better check with your trading platform broker.
Sometimes, when we key in online, the order may not routing through to the KLSE main trading system, aka your order is not (or yet) being routed to KLSE server.
It has nothing to do with KLSE, but broker platform.

I once experienced, that the broker/remisier platform has glitch, that order cannot go through (hang), he phoned me straight away, telling me to re-key in the order.

Only if timing of order issue, then it will occur such a situation.
The lowest transaction actually done at 10.00 am, although you key in on 9.30am, but your order actually only be routed to the KLSE trading system after 10 am.

This post has been edited by cherroy: Jun 22 2013, 12:26 PM
cherroy
post Jun 22 2013, 12:35 PM

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QUOTE(Icehart @ Jun 22 2013, 12:29 PM)
Thanks. I'll check with them if this occurs again. Although it's quite a rare opportunity to struck a rabbit nowadays.
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Whenever you key in the order through the broker platform, check the KLSE quote price page, that there is movement of order, from there, one can know where is your Q position.
For eg.
previous the buy order is

#10 1500 lot at price 1.00,
after you key in 100 lot at 1.00
it will change to
#11 1600 RM1.00

Normally, there is order number assigned when your order is routed to the KLSE trading system. <--- it may differ from broker to broker.
cherroy
post Jun 22 2013, 03:46 PM

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QUOTE(lynetnonyma @ Jun 22 2013, 01:48 PM)
Where is this KLSE quote price page to see your queue position? In the online stock trading platform or at the KLSE website?
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Different online platform got different type of page layout.

Broker's online trading platform normally got show #number of order one in the Q.
cherroy
post Jun 23 2013, 11:56 AM

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QUOTE(staind @ Jun 23 2013, 01:24 AM)
i can imagine after everyone start using good-till-date order, bursa will ban the function. haha.

at the first place, they should investigate these trades properly.
*
LOL, KLSE and broker trading platform flooded with low price Q across? biggrin.gif


QUOTE(yok70 @ Jun 23 2013, 03:23 AM)
Most of the counters sold down were plantation stocks.
CPO price has corrected more than 40% since peak. And plantation stocks hardly corrected. Take Bkawan for example. Its peak was about $20, and recent days? Staying above $19. It's only less than 5% correction. Even after the shocking 30% dropped, it's still not yet corrected to reflect the drop of CPO price.  hmm.gif
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If BKawan is Rm13~14, then I would say it is about attactive price already.

cherroy
post Jun 23 2013, 12:00 PM

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QUOTE(plumberly @ Jun 23 2013, 09:05 AM)
I don't understand why the sudden sell off by WTEMEI Fund. Especially at such a big price delta.

They want to get out of emerging markets like many FF have done in India & Brazil?

Why then at the closing few minutes? To pull down the index?

Many thanks.
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Those are non-index linked stocks, so it gave more puzzle to the market.

Even want to sell off, (yes, there are some sell off in emerging market due to QE tapering issue) and get out the market quickly, there is needless to sell 20~30% discount and want to be done instantly.

Wait next trading day, even with significant shares to be disposed, the most pushing down 3-5% on a stock price.

A 20-30% price difference means millions worth difference already.
cherroy
post Jun 23 2013, 08:52 PM

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QUOTE(cwhong @ Jun 23 2013, 08:37 PM)
gov sector close too?
*
Already mentioned "school".
It is to ensure children health.

It is not announced as public holiday.
cherroy
post Jun 24 2013, 02:09 PM

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QUOTE(gark @ Jun 24 2013, 01:34 PM)
No one talk about google-glass? That will break both Apple and Samsung... tongue.gif
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See the screen so close to the eye?

Are human eye is built to see thing so close? blink.gif

A few mins may be, but for long hour?
cherroy
post Jun 24 2013, 02:12 PM

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QUOTE(yok70 @ Jun 24 2013, 01:11 PM)
Exactly the reason why I start buying Apple.
Innovation fear on Apple vs Innovation optimism on Samsung has narrowed now.
Market will start to see it's just smartphone/tablet, and we need one. That's all. No longer so fancy on innovation since S4 proven that there isn't much room for improvement in near term.
Apple users will continue to buy iphones, and Android users continue to buy android phones. No conflicts.
And market is growing bigger and bigger each day.
*
If there is no innovation, consumers may stick to their gadget what they already own.
Consumer has no urgency to change phone and tablet, as compared changing whenever there is new "toy" in the market.

So sales can become slow, stagnant due to no new "toy" in the market.

Just like car manufacturers constantly need to come out with new model every 3-4 years. If not people may not want to change new car.


cherroy
post Jun 24 2013, 02:21 PM

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QUOTE(gark @ Jun 24 2013, 02:06 PM)
Can interest rate go lower then 0%... yes according to EU

"Central Bank President Mario Draghi cut the euro region’s main interest rate in May to a record 0.5 percent and said policy makers were considering a negative deposit rate"

Looks like lots of desperate policy makers around... tongue.gif
*
So rate higher or lower? laugh.gif

One with potential tapering QE
Market sell off bond, yield rising.

Now negative deposit rate?
cherroy
post Jun 24 2013, 02:23 PM

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QUOTE(gark @ Jun 24 2013, 02:12 PM)
Wear like normal glasses. The screen is see-through like normal glass.

Only if need to communicate/use apps then the screen will light up. Imagine you can read e-mail, skype with other people while hands free.  brows.gif
Works like a smartphone only wearable...

Anyway retail price is likely between $300-$500.
*
No, thank you from me

As I may not not distinguish real scene with virtual scene, my brain may go crazy, taught seeing ghost, don't know where am I. laugh.gif

See car in front, lenglui in front, then pop up email, FB...

Just joking.

This post has been edited by cherroy: Jun 24 2013, 02:25 PM
cherroy
post Jun 24 2013, 02:30 PM

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QUOTE(SKY 1809 @ Jun 24 2013, 02:25 PM)
But Google Glass  if can be used to see " Future Markets movements "  , then can consider lor  hmm.gif

See blood in Shanghai Beach liao.
*
Everywhere, from bond, gold, equities.

Cash is the king now...
cherroy
post Jun 24 2013, 02:43 PM

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QUOTE(yok70 @ Jun 24 2013, 02:31 PM)
People will still buy new products.
Example, PC.
Did PC has any major innovations since 10 years ago? Or even 15 years ago? I'd say it's minimum. The only thing is, speed.
And we, PC users still continue to upgrade our system. Every 2 years, I upgrade my graphic cards and motherboard, sometimes it's because they rosak. Every 3 years, I upgrade my RAM and intel processor for speed. As for smartphone and tablet, they are similar case as they run applications.
A phone battery will start to die in 2 to 3 years time. Since phone is cheap and battery is expensive, people will as well change phone.
Besides, the look and design needs to be modern enough. Slimmer, lighter etc.

So innovations are still there, but not as desirable anymore.  Like what Jobs said before, he'll destroy what he invented before and replaced it with something new. That's the technology cycle. As smartphone/tablets life cycle may be replaced by something very different. Now both google and Apple start talking about wearable gadgets.  biggrin.gif
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The slow in pace changing new product can kill a lot of distributor, part manufacturers.

PC business is no longer lucrative, many have closed shop, distributors also become lesser, motherboard manufacturers also close a few.
RAM manufacturers suffer loss.
HDD manufactures (vendor, subcon) struggling to survive.

All despite PC demand is still there, just slow in changing/replacing.

It is same with handphone, Nokia was once a leader.
Now phone sales is still there, people still changing phone, but company financial wise is another story.

In tech, if there is no innovation and new toy drive the market demand, you never know what other new product that consumers out there love for that can replace your position.

I don't think wearable gadget can be as "hot" as tablet. Just my personal view, I could be wrong.

This post has been edited by cherroy: Jun 24 2013, 02:43 PM

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