Nope...

Is the big fish donating it's cancer organ to the small fish.

Where's my middle finger????

Make dunno

Not advisable thing to do.

Winning advise - how?
Losing advise - how?

I seen one friend advised to sell one stock. Half a year late due to new projects, which company won a lot, the stock rallied 50% ++. Friend got cursed like hell.....

The table shows that despite these stocks giving 'high dividend yields', the stock prices fell, giving it a negative return. Or simply put, buyers of these stocks got their 'dividends' but their return is negative because these stocks fell.

Some points to consider.

1. After a stock gives out the dividend, the stock price adjusts out the value of dividend. Simpler version. Stock A gives out 20 sen dividend. Once the dividend goes ex-dividend date, 20 sen is minus out from the stock price.

2. Most dividend 'investors' hold their stocks for many, many years. So if you cannot hold the stock for, say 5 or more years, you might get the dividends but the stock price might trade at a much lower price than what you paid for.

Why do the stocks go lower after giving out good dividends? Majority of the market prices the stocks based on current earnings performance. Which makes sense if you consider the fact that investor would chase up a stock if the stock is going to earn more money and if the stock earnings is declining, investors might just dump the stock lower. In this perspective, a stock that paid out good dividend yield, would trade lower, if the market sees its earnings declining. (If the earnings is declining, the possibility that the company would be prudent and pay out less dividend).

Hope these give you a better understanding and yeah, it would be really helpful to your wallet if you understand the market more first....

Here's what you can do better....

In your watch list...
which ones went green first?
mark those....

Put those in your good horse section....

The next time............... you should know which one(s).....


just a suggestion.... gl

I guess you are seduced by the stock price.

Heck at below 50 sen (was whacked down until 30 sen recently) it does seem 'seductive' .....

But here are some risks you should really consider....

1. Firstly do please google the phrase 'Mah Sing poor quality' .....

the first 3 hits .... says what people are saying over and over again. Shitty, substandard quality from the developer.

There's a poll made 'would you buy Mah Sing properties again ...... ' .... see the results....

2. Now if you look at the chart ... just for the bigger picture.... and if you discount the current year.... and you would see that this stock has been on the killer decline many, many years ago.....

i would interpret it as this stock is already in deep shit even before 19.

3. Compare it to the financial results.... just on the quarterlies already show the horror story...8 ..... EIGHT consecutive quarters of DECLINING earnings. Under performing earnings ... and delivering houses of substandard quality.... explains why the stock is in its 10 years low..... (on the long run, the market cannot be wrong... if the stock earnings performance, it reflects on the charts!) ....


Lastly..... this one ..... this is a serial rights issue stock..... every few years, without fail, Mah Sing will issue rights issue to raise fund. Problem is simple. If you invested 10k into Mah Sing, you better set aside another 10k just in case Mah Sing do another rights issue. Else, if it raises another rights issue and you do not have funds to participate in the rights issue, you will get burnt!


me?

deep value stocks usually have deep, deep risks embedded within the stock. I hate to simply take risks which I cannot control.

You should flip it the other way around and ask why it is not a good buy?....

Answer? You need to factor in the PA shares.

!!

There is ARB and ARB-PA, where PA stands for preference shares.

Can you spot the risk?

LOL. No, I did not buy and I don't share my trades.

ARB has 290+ million shares.
ARB has err.. 790+ million shares. (do check the actual total)

Now the problem is created when ARB PA shares can be converted 1 for 1 with a conversion price. Hence, as per market terminology, it is in the money, where you can buy the PA shares converts the PA into ordinary share by paying 20 sen. Hence you will get people buying the PA shares, convert then sell. (you can see announcements on tons of PA shares being converted on Bursa announcements)

For a slightly longer time frame trader this creates a selling pressure on the stock. Whatever potential the stock has it will be limited by the conversion/selling of the stock.

Now when you add on both ARB and its PA shares, this is a fairly large penny stock with 1 billion shares. And when you factor in the diluted eps caused by the PA share, ARB eps is really diluted...

... and yeah.. it's a silly stock with the preference share LARGER than the ordinary share...

It's 1 for 1.

Yea but the conversion of the preference shares outweighs. With the preference shares grossly outnumbering the ordinary shares and the constant conversions prior Feb was so intense... see below



Such plays but traders like us at a great disadvantage. It is a clear avoid at all means for me.

Nope this is not the norm.

Any traders who buys and just converts and then sell the ordinary shares poses as selling pressure for any traders of ARBB. This puts traders of ARBB at a great disadvantage. And when you factor in all this, ARBB is not even selling at a cheap valuation at all.

Woahh !!!

Dude, what I wrote earlier can all be found on your stock trading platform.

PLUS ... the screenshot that I included this morning, highlighted the listings of new ARBB shares which AROSE FROM THE CONVERSION OF the preference shares. Do some clicking.... and instead of trying to look for opportunity, understand the complex structure of ARBB and ARBB-PA shares. Do not simply get burnt!

Rakutwn don't have? Wah.

Perhaps you should learn how to search announcements posted on Bursa website. It's critical to know.

Anyway...

https://m.malaysiastock.biz/Company-Announc...aspx?id=1199995



It's one of the MANY conversion of preference shares posted.

Stop thinking of converting for a quick gain. It's not a sure win thing!

1. Searching the net, googling for info. Such stuff is important. Interpretation of it is also crucial.

2. Once you find it, prior to Jan 2020, the conversion of preference shares were intense. Big lots of converted and constantly too. Hence despite the 'possible' beautiful growth story of the stock/turnaround story, the stock couldn't really fly.

3. Do not listen to stories that this is an extremely cheap pe stock. It is inaccurate. Since conversions are easy, the number of shares used to calculate the eps should be based on the fully diluted number of shares ( ie add the num of shares in the ordinary shares + preference shares together)

4. I understand that there is a lot to know... why is why I always stress that newbies should never ever trade any shares until they really know what is happening.

The simplest and clearest way (one needs to do some hardwork) is to map out the past couple months conversions on the chart.. Map out the size of it (how many shares converted) and when it was converted..and the clear picture would emerge....


The PA is in the money. Hence a fully diluted eps is a must.
The PA shares is much more than the ordinary share ( lol.. I can't even understand how and why.... perhaps I got everything wrong... LOL)

Converting the shares? This is the job of the remisier. Ask them.

.... and you no play the c19 champion ? ie... LKL ?



oops.... carepls ... beat it.....

This post has been edited by Boon3: May 13 2020, 09:23 AM

Well... exactly.


But then our market, those fella always tend to use BS, half baked theories to drive up a themed play. So for a pandemic, no ask question. No blink eye. Just dive deep deep as early as possible into the glove sector. Sure win.

How about the story of LKL? Struggling to make money since listing. Was only 10 sen nia. Lol. Lousy mah. Hospital bed maker.

Get this... B4 mco, it had a market cap of less than 50 million. At this moment? Close to a market cap of 290 million. Lol.



One hospital bed order worth 2 million and then 6.6 million of PPE.

Is it justifiable that the share go from 10 sen to 74 sen today?

LOL.

But then the masters will tell that Bursa no see fundamentals one.

Ooops!! Let's make it Nine consecutive quarters of DECLINING earnings....