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 Traders Kopitiam! V6

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SUSPink Spider
post Dec 5 2014, 09:33 AM

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In this storm, Mah Sing seems quite stable. Property developer, yeah property is heating...but their projects mostly at Klang Valley, not too expensive too...can buy for 3-5 year period? unsure.gif
river.sand
post Dec 5 2014, 09:56 AM

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QUOTE(Pink Spider @ Dec 5 2014, 09:33 AM)
In this storm, Mah Sing seems quite stable. Property developer, yeah property is heating...but their projects mostly at Klang Valley, not too expensive too...can buy for 3-5 year period? unsure.gif
*
I got Mah Sing shares too. But since it is going to have right issues and bonus issues, I wait and see first.

That day I followed a fiber installer to a condo run by Mah Sing. The MD's young son happened to be there. Everybody called him 'boss'. Typical chinaman company...
SUSPink Spider
post Dec 5 2014, 09:58 AM

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QUOTE(river.sand @ Dec 5 2014, 09:56 AM)
I got Mah Sing shares too. But since it is going to have right issues and bonus issues, I wait and see first.

That day I followed a fiber installer to a condo run by Mah Sing. The MD's young son happened to be there. Everybody called him 'boss'. Typical chinaman company...
*
Chinaman company may not necessarily be badly run rolleyes.gif
Le Don
post Dec 5 2014, 01:31 PM

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Anyone catching this knife, BJcorp? whistling.gif




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TSBoon3
post Dec 5 2014, 01:49 PM

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QUOTE(Le Don @ Dec 5 2014, 01:31 PM)
Anyone catching this knife, BJcorp?  whistling.gif
*
Lousy stock......tongue.gif


Le Don
post Dec 5 2014, 02:01 PM

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QUOTE(Boon3 @ Dec 5 2014, 01:49 PM)
Lousy stock......tongue.gif
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The children doing better then the mother (BJauto, BJfood)

Too bad MOL global is not available in KLSE. Then I can BTFD whistling.gif

QUOTE
Shares in MOL Global had earlier in the week declined by 59% to US$1.69 (RM5.83), which is about 80% below its IPO price of US$12.50 (RM43.10) on its debut in the United States on Oct 9.


QUOTE
StarBiz reported yesterday that MOL Global’s single largest shareholder Tan Sri Vincent Tan Chee Yioun gave his backing to the company’s management and felt that the stock had been unfairly punished.


This post has been edited by Le Don: Dec 5 2014, 02:08 PM


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gark
post Dec 5 2014, 02:16 PM

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yawn.gif ....
gark
post Dec 5 2014, 02:19 PM

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QUOTE(Le Don @ Dec 5 2014, 02:01 PM)
The children doing better then the mother (BJauto, BJfood)

Too bad MOL global is not available in KLSE. Then I can BTFD  whistling.gif
*
MOL is currently under 4 different Class Action (means represents ALL investors) lawsuits... its going to be huge long mess ... Better dont touch anything related to MOL..

VT tried to scam the Americans like Malaysians, but he under estimated the US legal powers. laugh.gif laugh.gif laugh.gif laugh.gif

http://cgmalaysia.blogspot.com/2014/12/mol...-are-filed.html

This post has been edited by gark: Dec 5 2014, 02:21 PM
river.sand
post Dec 5 2014, 02:21 PM

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QUOTE(gark @ Dec 5 2014, 02:19 PM)
MOL is currently under 4 different Class Action lawsuits... its going to be huge long mess ... Better dont touch anything related to MOL..

VT tried to scam the Americans like Malaysians, but he under estimated the US legal powers.  laugh.gif  laugh.gif  laugh.gif  laugh.gif

http://cgmalaysia.blogspot.com/2014/12/mol...-are-filed.html
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US market - can short sell mah...
gark
post Dec 5 2014, 02:22 PM

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QUOTE(river.sand @ Dec 5 2014, 02:21 PM)
US market - can short sell mah...
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Those lawsuits gonna take VT millions of dollars and many years to fight off.. tongue.gif

Furthermore the FC that quit (only 3 months on the job) earlier said that revenues and profits are improperly stated before IPO... laugh.gif laugh.gif laugh.gif

That one shooting VT on the foot..

QUOTE
Consolidated revenue increased by 5.6% to MYR47.7 million (US$14.5 million) from MYR45.2 million in the corresponding period of 2013.

Profit attributable to shareholders of MOL Global Inc. decreased 61.5% to MYR2.4 million (US$0.7 million) in the third quarter of 2014 from MYR6.3 million in the corresponding period of 2013.

During the course of the Company's review of its financial results for the third quarter of 2014, the Company's auditor discovered that its Vietnamese subsidiary, Nganluong Joint Stock Company ("Nganluong"), which was acquired by the Company in March 2013, reported revenue from its payment business on a gross basis, and accounted for the corresponding fees payable to merchants being included in direct cost and other ancillary expenses. However, the Company's accounting policy is to account for such transactions on a net basis because the Company acts as an agent with respect to these revenue arrangements, such that the corresponding fees payable to merchants should have been netted out of revenue and not included in direct cost and other ancillary expenses.


This post has been edited by gark: Dec 5 2014, 02:26 PM
TSBoon3
post Dec 5 2014, 03:08 PM

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QUOTE(Le Don @ Dec 5 2014, 02:01 PM)
The children doing better then the mother (BJauto, BJfood)

Too bad MOL global is not available in KLSE. Then I can BTFD  whistling.gif
*
Like I said BJCorp is one lousy stock. tongue.gif

whistling.gif
TSBoon3
post Dec 5 2014, 03:15 PM

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QUOTE(gark @ Dec 5 2014, 02:16 PM)
yawn.gif ....
*
.......................... laugh.gif




getting quiet............................. LOL!



Look left... left right....
look down ... look up...

look front... look behind...


.............................. laugh.gif
johnnyzai89
post Dec 5 2014, 04:52 PM

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super quiettttt
SUSPink Spider
post Dec 5 2014, 04:55 PM

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I'm officially Dividend Warrior Malaysia. 47% portfolio invested in REITs sweat.gif

Just added Al-Aqar Healthcare REIT today blush.gif

This post has been edited by Pink Spider: Dec 5 2014, 04:55 PM
gark
post Dec 5 2014, 05:28 PM

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QUOTE(Pink Spider @ Dec 5 2014, 04:55 PM)
I'm officially Dividend Warrior Malaysia. 47% portfolio invested in REITs sweat.gif

Just added Al-Aqar Healthcare REIT today blush.gif
*
Property and REIT is already way overvalued and waiting for a spark only.... then kaboom! wink.gif

This post has been edited by gark: Dec 5 2014, 05:29 PM
SUSPink Spider
post Dec 5 2014, 05:33 PM

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QUOTE(gark @ Dec 5 2014, 05:28 PM)
Property and REIT is already way overvalued and waiting for a spark only.... then kaboom!  wink.gif
*
Kaboom...buy more lor.

Doubt that BNM will raise rates again anytime soon...economy is already gloomy, many ppl don't wanna spend now. sweat.gif

Follow Dividend Warrior's model...drop (significantly), buy more. Keep on reinvesting. Time is on my side anyway blush.gif

This post has been edited by Pink Spider: Dec 5 2014, 05:35 PM
gark
post Dec 5 2014, 05:38 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:33 PM)
Kaboom...buy more lor.

Doubt that BNM will raise rates again anytime soon...economy is already gloomy, many ppl don't wanna spend now. sweat.gif

Follow Dividend Warrior's model...drop (significantly), buy more. Keep on reinvesting. Time is on my side anyway blush.gif
*
BNM might not,... but the feds will. tongue.gif

Now budget problem, OnG staff layoff, MYR depreciate, ... property how?

High foreign holding all our REIT's...
SUSPink Spider
post Dec 5 2014, 05:40 PM

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QUOTE(gark @ Dec 5 2014, 05:38 PM)
BNM might not,... but the feds will.  tongue.gif

Now budget problem, OnG staff layoff, MYR depreciate, ... property how?

High foreign holding all our REIT's...
*
Buy...buy...keep buying cry.gif

ALAQAR CMMT IGBREIT QCAPITA UOAREIT won't die kua sad.gif

u all...recently only talkin' bout buying O&G stocks...no tipsy on other fundamental stocks...

I also scan the market until got nothing to buy already unless top up Karex Bursa Pharmaniaga DiGi AFG TaAnn cry.gif

This post has been edited by Pink Spider: Dec 5 2014, 05:42 PM
gark
post Dec 5 2014, 05:44 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:40 PM)
Buy...buy...keep buying cry.gif

ALAQAR CMMT IGBREIT QCAPITA UOAREIT won't die kua sad.gif

u all...recently only talkin' bout buying O&G stocks...no tipsy on other fundamental stocks...

I also scan the market until got nothing to buy already unless top up Karex Bursa Pharmaniaga DiGi AFG TaAnn cry.gif
*
QUOTE
NEW YORK (Reuters) - Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June 2015, a Reuters poll found, and economists also said the market was underestimating how aggressively the U.S. central bank will tighten policy.

The median forecast of 18 dealers for the federal funds rate at the end of next year was 1 percent, compared with the median forecast of Fed policymakers of 1.38 percent, according to projections from the central bank's October meeting.

The median forecast of 14 dealers for the federal funds rate at the end of 2016 was 2.5 percent, compared with policymakers' median forecast of 2.88 percent. By the end of 2017, 10 primary dealers projected a median federal funds rate of 3.5 percent, while policymakers' median forecast was 3.75 percent.
When interest rate go up....... ??? will fall? whistling.gif

OnG got fundamental what.. just not your cup of tea. tongue.gif

This post has been edited by gark: Dec 5 2014, 05:46 PM
SUSPink Spider
post Dec 5 2014, 05:44 PM

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Wait, MYR depreciate, won't that attract foreign speculators to return to Bolehland property? Esp Singapore property buyers... hmm.gif

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