Let's hope Monday will be a better day.

I will also be cashing out my Maybulk after the bonus issue.

Cash is king. Worried about China bubble bursting.

Wait for next mkt correction.

fuuu....i exited with a loss or RM22. LOL.

I think thats pretty good...from RM8K loss on Tuesday. Sweeet....

i think i shall go spend some money now...thank goodness got 2nd chance.

HAHAHA...wat to do...noob stock player here.

Ex-Date : 23rd May 07


you mean EQUINE ya?
it is not moving today.

last week, tranmil might be oversold, but i think this few days, transmil might be overbuy.....

A lot of existing Equine shareholders are suffering until now because of before restructuring, it is a company called KLIH which has massive capital reduction, (33:1 or something like that can't remember exactly but roughly correct)

Playing this type of 'goreng' share and try to gain some quick money more relied on its 'goreng' momemtum, never buy when it has cooled down, you hardly can predict its movement.

Haha what a lucky day for me.
Mistakenly key in the wrong order of buying 100,000 TIME instead of selling 10,000 at .875 as i trade via internet.
It scare the shit out of me as the price drop to .86 during the morning session.
Lucky i bought at .87 & then managed to sell at .875.
So didn't lose money for the mistake as my remiser gave me intra day rate of .15%(commision). But yet i still get a mere profit.
If i am that brave, should have some spare money to spend.
In the end, managed to sell the 10,000 shares i intended to sell earlier at .88

I SHOULD FEEL GOOD NOW!

This post has been edited by CrazyRock: May 18 2007, 06:20 PM

very scary la...i remember a few companies esp mesdaq when after giving bonus issue, continues to go down...i think the directors/major shareholders sell their shares when it pushed up prior to ex-date...just look at IPOWER

so i'll skip this...

the KLCI is showing a uptrend flag/pennant pattern..
KLCI may be will shoot up in the next few weeks..
any expert techincal analyst here can confirm this?

with fantastic Q1 result, i really distracted whether to sell due to china dolls bubble or hold for long term...

who know, maybulk would b 2nd vehicle to go delisted..not forgotten, major shareholder, pacific carrier ltd like in wilmar case, listed in spore

Maybulk's Q1 net profit up 3.9% from previous year and drop 24.9% compared to previous quarter, fantastic meh?
FYI, i calculated by excluding RM74 millions of profit from disposal of vessel...

This post has been edited by lipkhin: May 18 2007, 09:35 PM

newbie here...
KBUNAI is the most active counter today.
but the price go down a lot.
does any sifu here know what is going on?
i holding some of it....scare now...
pls giv some comment, thx..

kena PN

what's PN ??

Practice Notes

sorry still dont understand. what exactly is that ? what effects it brings ?

[FONT=Times][FONT=Times]
i have many kbunai too, I read that they rcvd a petition order on their subsidiary for not paying up some debts but kbunai refute the order and is appealing to court against it. I think they are making money so maybe I will hold on ......

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Added on May 19, 2007, 2:27 ami have many kbunai too, I read that they rcvd a petition order on their subsidiary for not paying up some debts but kbunai refute the order and is appealing to court against it, I think they are making money so maybe I will hold on.....
some people did some panic selling upon hearing the news

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Added on May 19, 2007, 2:49 am i bought some affin shares at 2.51 just before the announcement, and since then its been going down and down, wonder is it worth holding on....

This post has been edited by sharesa: May 19 2007, 02:49 AM

Finance sector didn't increase like others .. better invest in another sector that actively traded ..

But the main problem is volume is shrinking fast which is contradicting. I am more look at the pattern as consolidation.

But on fundamental side, the valuation is a bit stretching. One of major reason why foreign investors lure into KLSE is because of ringgit, they can make a double gain as everyone knew at RM3.60+/USD, ringgit is undervalued.
If ringgit reach its peak, it might mean as well for the stock market.

Yup, when analsye a financial report, it is essential to look at its core business, gain from disposal from asset is one off, can't be repeating every year.

Generally, if revenue goes up, profit margin goes up as well then, it is best.
No doubt, Maybulk can be a long term investment target, still company performs quite good and dividend yield is also not bad.

Some of the financial sector reporting better profit not because of higher revenue, or increase in profit margin, but bad loan write back. Also, like TM and TNB that has lots of foreign currency debt, ringgit appreciation also make a few ten or hundred million of 'unreliased profit' to its financial report, but in reality it is not a real cash gain.

As recent Magnum case, it declared handsome dividend (70 cents) not because primary of profit from its core business but rather through disposal of its non-core business which is making some gain from it. That's why market is not so impressed with it.
If the dividend is come from the profit from its core business then the share price will shoot up even limit up with that kind of financial report.

So sometimes, don't just look at the front headlines, at least need to read a bit details inside to see the health of a company.

maybulk only got one quarter results (Q1 2007) how to compare to full year profit of 2006? u annualised it?

Net profit for the period drop 24.9% compare to Q1 2006?

Q1 2007 = 72,347,000 (Excluded 74,000,000)
Q1 2007 = 69,931,000
increase 2,41,6000 or 3.45%

or u meant 4th quarter results of 2006 higher than 1Q 2007?