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 STOCK MARKET DISCUSSION V133, Bear coming?

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Boon3
post Jul 15 2013, 02:57 PM

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QUOTE(gark @ Jul 12 2013, 04:21 PM)
Thanks... lots of people queue at RM 2... sweat.gif Donno can get or not.
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2.09 la wei! smile.gif

Did you give up the 2 sen? tongue.gif
Boon3
post Jul 15 2013, 06:18 PM

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QUOTE(gark @ Jul 15 2013, 05:17 PM)
Didn't get it... was queuing at RM 2... tongue.gif Oh well another day perhaps.  laugh.gif
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Don't so stingy those 1 or 2 sen. tongue.gif
Boon3
post Jul 15 2013, 06:21 PM

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QUOTE(hehe86 @ Jul 15 2013, 06:08 PM)
Aiyo, ini boat i oso miss, was waiting for 1.99 eh =.=
Aiyo.. you also?
Don't worry you might get a chance 'if and when' the stock pullback.. tongue.gif


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This post has been edited by Boon3: Jul 15 2013, 06:39 PM
Boon3
post Jul 15 2013, 06:35 PM

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Another new high. tongue.gif

user posted image
Boon3
post Jul 16 2013, 07:59 AM

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QUOTE(hehe86 @ Jul 15 2013, 07:42 PM)
hoho, wa sudah tahu ini stock liao biggrin.gif
laugh.gif

I do expect and hope that the '2 steps forward 1 step back' to continue....
Boon3
post Jul 16 2013, 08:24 AM

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QUOTE(Icehart @ Jul 15 2013, 11:22 PM)
aiyoh, u ald out i here planning to go in  tongue.gif
I think it is trading in a range for the time being and the two feasible option is either to play from the lower range up or wait patiently till it breaks out firmly of the range.

Boon3
post Jul 16 2013, 08:48 AM

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QUOTE(Icehart @ Jul 16 2013, 08:46 AM)
Yeah let's see how it goes today.  rclxms.gif
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Well keep an eye and watch how the stock reacts when it hits 75 sen. smile.gif
Boon3
post Jul 16 2013, 08:59 AM

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QUOTE(Icehart @ Jul 16 2013, 08:51 AM)
How would you know if the stock has break the range firmly and not a fake breakout?  hmm.gif
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From a trading perspective I would watch the volume and also watch how the volume takes out the prices and also a small eye on the sell bids.
Fake breakouts and fake breakdowns are part and parcel of trading.
Cannot escape one. tongue.gif
That's why some insist on using a tighter cut loss to prevent huge damage from fakers.

Having said all this, if I am the trader here, I would do nothing for now.
I am not that keen now with the stock range trading near its highs.
I would rather play the breakout.



Boon3
post Jul 17 2013, 08:01 AM

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QUOTE(andrewL @ Jul 16 2013, 09:25 PM)
0032    REDTONE    REDTONE INTERNATIONAL BHD 
Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Date of Transaction : 16/07/2013
Total No. of Treasury Shares Sold : 827,800 shares
Minimum Price Paid For Each Share Sold : RM 0.735
Maximum Price Paid For Each Share Sold : RM 0.735
Total Amount Received For Treasury Shares Sold : RM 606,225.17
Total No. of Treasury Shares Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 0 shares
Adjusted Issued Capital After Cancellation/Resale : 0
Date Lodged With Registrar of Company : 
Lodged By : 

Remarks:
The balance of the treasury shares held by the Company is  Nil.


Anyone can comment on this ?
This news and the candlestick chart after today makes me quite motivated to clear my holding in redtone..
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Slightly negative.

On one hand the sale of treasury sales would have netted a small tidy profit but on the other hand, by selling the shares, company is sending a message to the market that they think the price is right to take profit.


Boon3
post Jul 17 2013, 08:04 AM

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QUOTE(kueyteowlou @ Jul 16 2013, 07:33 PM)
congratulation gadang holders....
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Tahniah to Mr. Congratulations. tongue.gif

Breaking its recent high. tongue.gif

user posted image

Also broke its recent high yesterday.

user posted image

And the high got higher. tongue.gif

user posted image

So high.... rclxub.gif

Boon3
post Jul 17 2013, 09:10 AM

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QUOTE(kueyteowlou @ Jul 17 2013, 09:08 AM)
gadang 1 buck wink.gif
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laugh.gif

So you now luv stocks or futures trading? tongue.gif
Boon3
post Jul 17 2013, 09:18 AM

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QUOTE(kueyteowlou @ Jul 17 2013, 09:16 AM)
hmm.gif  brows.gif

horsayyyy !
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Ah Lam baby! tongue.gif
Boon3
post Jul 17 2013, 09:43 AM

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QUOTE(kueyteowlou @ Jul 17 2013, 09:16 AM)
hmm.gif  brows.gif

horsayyyy !
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Did you load more of your 'kayu'? tongue.gif
Boon3
post Jul 17 2013, 09:47 AM

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QUOTE(kueyteowlou @ Jul 17 2013, 09:46 AM)
coming now...  brows.gif
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laugh.gif

I knew that posting would stir you up! whistling.gif
Boon3
post Jul 17 2013, 09:53 AM

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QUOTE(alex_king @ Jul 17 2013, 09:44 AM)
ioi or ihh better i wanna keep for 1/2 or 1 year. thx for advise
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Personally I prefer neither. ( I could be badly wrong hor. sweat.gif )

IOI?
The main catalyst is the relisting of its property arm.
But then, I am sure you would have noted, IOI share price has already jalan quite a fair bit.
In stock market, some might say 'the good news is already priced in'.
After that listing, what's next for IOI then?
Plantations only....
Do you like how its plantation sector is doing?

IHH?
This one difficult to say hor....
On one hand, I think valuation is crazy for stock like this.
But on the other hand, it is very tightly held by big funds... and as you can see the share price has been on a very strong steady uptrend since listing.
I did not even know how to trade it when it was below 3.10 then... sweat.gif
I guess this is a good classic example of why one should not give any stock a death sentence by saying 'no chance'.... sweat.gif
Boon3
post Jul 17 2013, 09:59 AM

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QUOTE(kueyteowlou @ Jul 17 2013, 09:57 AM)
wakakakakkakaa...  tongue.gif
Told you ma that the stock should see some shake and rattle after going straight up. tongue.gif

Earlier today.. I think one can enter gua... now... depends on risk appetite.
Boon3
post Jul 17 2013, 10:01 AM

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QUOTE(gark @ Jul 17 2013, 10:00 AM)
YTL-POWR - RM 1.68

YTL-POWR-WB 08/18 RM 0.47

Premium = 0 ?  hmm.gif

Bila mau sampai 50 sen...  sad.gif
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You need to get chef kueyteowlou to fire up the wok. tongue.gif
Boon3
post Jul 17 2013, 10:07 AM

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QUOTE(alex_king @ Jul 17 2013, 10:03 AM)
My boat ticket is 4383 do we in the same boat smile.gif
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Hehe.. your boat ticket is different.

You should ask Sifu Gark about JTiasa. biggrin.gif


Boon3
post Jul 17 2013, 10:08 AM

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QUOTE(alex_king @ Jul 17 2013, 10:04 AM)
Thanks for your advise bro Boon thumbup.gif
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Not advice la... those just some blow water from me la. sweat.gif
Boon3
post Jul 17 2013, 10:09 AM

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QUOTE(sparc18 @ Jul 17 2013, 10:05 AM)
alam frying ~~~
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Noted already.

Ah Lam breaking new highs already... sweat.gif

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