Volume is a bit thin today.

I think it was last year's financial results. This year's results q-q looks much better though.

For it to be "in the money", warrant strike price has to be below market price. So for it to be "in the money", HSI needs to surpass 30870.

Their latest results posted a net loss of RM5.5 million compared to previous quarter earnings of RM14.1 million. Signs of things to come?

The EPS is normally written in term of cents. Meaning IRIS EPS is RM0.0052 and Oilcorp EPS is RM0.021.

Sad to hear that pana. I guess you have to bite the bullet somehow, rather than losing every penny once it expires.

Aim for PBBANK, if it drops it should be a good deal.

Edit: I hope the market crashes, no offence to stock holders, because I want to shop ^^

This post has been edited by skiddtrader: Mar 3 2008, 09:33 AM

Yeah DJIA futures -96 and European futures doesn't look good too.

Wah I love the feeling of touching 1300 again. Kind of like a recurring sale.

Haha, for so long I've been waiting for the market to crash cheeroy. I only hope for the lowest, though I doubt the day we see prices go into deep discounts unlike last time when prices of PBBANK can go so low. But I do remember in Singapore the last time the prices of blue chips reach shocking lows was during the SARS period. Very good time to buy stocks then, but in Singapore everybody thought it is the end of the world.

Cheeroy, I think no need queue for Genting at RM6.50 already. I wanted to queue as well but looking at the lines, 39k lots queuing at RM6.50, I rather buy at RM6.55. What do you think?

Huh? What do you mean by buy/sell rate?

Edit: DJIA -190 at the moment. I wonder if it will break 12000 points.

This post has been edited by skiddtrader: Mar 5 2008, 02:12 AM

OHHHH YEAHHH

Where is okk?? We need him to predict where the market is heading now. His predictions from trend movements regarding 1350 and 1300 already achieved haha

This post has been edited by skiddtrader: Mar 5 2008, 09:43 AM

Yeah, I think almost -200 at one time, but then suddenly turnaroud and started going up. I was hoping for it to slide below 12k points. that would indeed be interesting.

Looks like Genting has some support at RM6.50. And KLK looking better by the minute GO DOWN !!!

Fuuyooh, someone must've suddenly thrown a lot of Genting!! Next support seems to be RM6.40

Time and sales reports shows 3 big transactions on selling, 2x 2000 lot and 1 850 lot sales.

This post has been edited by skiddtrader: Mar 5 2008, 10:33 AM

Well why not? But just beware if Genting International announced another loss next quarter, then maybe Genting in trouble.

Tempted to buy Genting-CG at 0.01 cents now and strike price is RM7.35 but expires in April.

Well I bought my normal ones already. But since I want a piece of Genting's action but can't really play the mother share. So I look around, the 0.01 per unit CW is very tempting lo. 50k shares only RM500 only mah right If Genting really rebound within this month to RM7.50. The CW confirm will make at least 5 times as much. Only thing against us is time since it can hardly go lower. (RM0.005 is the lowest but long queue.)

But I do admit this is more of gambling rather than investment. So please bear with me ^^ Expected rebound to reach RM7.60 if it does rebound after a few days of sliding.

This post has been edited by skiddtrader: Mar 5 2008, 04:29 PM

Yup, but if you include all the other fees of course will be more than RM500, but your investment of RM500 will go poof if Genting does not rise beyond RM7.35.

Haha damn I really love my YTLPOWR buyback program. Last 3 minutes of trade can buy from RM2.41 all the way to RM2.50, making it unchange for the day. All together almost 25k lots bought in the final 3 minutes. Fantastic!