Errr.. talking of using average strategy, it is always advisable not to average if the stock falls not so significantly. 1.40 to 1.33 is not a significantly difference unless you have bottomless 'bullets' then different story.
Too soon, shooting out all bullets, it is very fast ended with bare and naked body with emptied bullet gun which exposure fully either being slaughtered by the market or get away with some gain if market did turn around.

But the millions dollar question, how many time, can one get it correctly each time? You need at least 2 to 3 times of gain to cover 1 times of loss espeically if holding power is weak.

For short term play on goreng stock, it is more appropriate play on momentum. You ride with momentum to gain. Catching a falling dagger, most of the time will end with loss. As playing short term with goreng stock, you generally don't care about how expensive or how cheap the stock is, you only play the differentiate in buying and selling price aka you buy then hope next few days goes up. So it is more appropriate to go for momemtum when the stock is in a bullish trend. But if try to catch the bottom when it is going down, you need to have bottomless bullets to do so, as no one knows how low it will be and when it will go back up. Market need time to recover one. Once bull run ended, it will take a will before next bull emerge. Market can easily be hovering almost at the same level for 1-2 years without any break through to the upside.

This doesn't apply to those aim for long term and strong fundamental stock. Above statement is more suit to short term play on goreng stock.

Just my 2 cents, don't necessary approriate and right.

This post has been edited by cherroy: Apr 5 2008, 10:31 AM

At the moment, never mind about DJ unless got some global stocks or global funds, as even DJ surged 391 points, KLSE also down 10 points.

I doubt it that Carlsberg can drop to 3.80 before its ex-dividend, unless some catastrophic event happens.

But uou can get 3.80 after ex-dividend because at 4.10 after ex 30 cents dividend then become 3.80 liao.

Yup, Guiness has better prospect than Carlsberg currently, Tiger beer is more popular than Carlsberg.
I had both before, but now don't have both either. Carlsberg sold off at between 5-5.20. Guiness at 5.80-6.

Carlsberg has some internal restructuring since the poor financial result, there are some management changes within and its CEO.
Just view with dividend of 30 cents, effective just like buying at 3.80-3.90.

PS: please don't call me Master, sound not good at all. Everyone is the same in stock market.

You can try, it is a free market, everyone can Q whatever price they wish as long within 30% range trading limit.

Primary question on warrant,
Do you know how much is the exercise price of the warrant and its expiration date?

Partly affected by political uncertainty. Nobody wants to make a move. Last night PM speech didn't help to clear up the air.

There are plenty of 1 lot buying today, try to make the KLCI 'green'.

This post has been edited by cherroy: Apr 7 2008, 04:03 PM

Then need to eat 'salted fish' everyday (use dead fish to make), no more abalone like last year.

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Added on April 7, 2008, 4:26 pmThen enjoy your trip.

This post has been edited by cherroy: Apr 7 2008, 04:26 PM

Errr...

Now KLSE is a bit detached from overseas and US market. Today actually is quite a good day for all major bourses, but KLSE is like dead fish.

For near term, overseas bourses seems a bit bullish at the moment. You need another Bear Sterns to have 'sale' or local political turmoil. Otherwise, market especially KLSE seems like going nowhere.

Mind to tell which company?
Only read through overall it only can comment and explain on it.

Share split - primary objective is to increase liquidity of the shares in the market with increment in number of shares as well as 'cheapen' the share price to a more affordable level to retailers, eg. Genting, previously traded at Rm40, with 1:5 split it become Rm8.00.

Placement of new shares - issuing new shares for company funding with targetting specific investors, not for public, similar to right issue.

Wrong, your remiser is a bit misleading you already. Not actually no tax.

Before 2008, dividend is given as gross like RM0.10 per share less tax 26% then your pay cheque (if you have 1000 shares) will be RM 74 (100 - 26). The Rm26 deducted can be claimed back if your personal income is not subjected to tax.

But after 2008, the dividend is taxed at corporate front first aka when company decide to give Rm0.10 per share, they will declare a single tier system of RM0.074 net, mean you still get the pay cheque of Rm74, but it is net, no more claim back even your total personal income is not subejcted to tax.

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Added on April 9, 2008, 11:01 amYup, recently the goreng boat is very small only like sampan, a little more people come in, sink already.


This post has been edited by cherroy: Apr 9 2008, 11:01 AM

No more for 2008 financial year onwards.

Actually the longer the market goes like that, the better opportunities to go in. If look at historical chart whatever period, low volume market is the time to go in for long term investment, provided it is not a low volume up trend market, but a low volume sideway and a bit down trend one.

At 3.36, they are making instant some peanut profit out of it, why not? Queueing don't need to pay a single cent one.

The party intends to take Magnum private one also will queue as it means slightly lower buying price for them at this price.

So you will see tons of Q everyday, unless the privatisation is calling off which very very unlikely.

Basically yes. Oppss, but now is CDS, it is paperless, so need to use to bare hand to wash your butt, even paper also doesn't have.

Once goreng season is over, then it is over.
You need timing, crowd, market condition, basically all are right place at a right time to have a goreng season, not simply you want to goreng already can, even your got billions of $$, one also can't fight against the market force.

That's why I am not a big fan of CWs, mainly because when they issued the warrant, the issuing price normally already 15-20% more premium, aka they indirectly dispose the share to you at 15-20% higher, while you only have 6-7 months to wait the price to go up more than the premium price set. Issuing house always has the upper hand on this.
Eg. We have 3 condition on the market -> up, stagnant, down. They (issuing house) have 2/3 of chance winning while retailers have 1/3 only, if scrutinise the 15-20% premium, it is even less than 1/3. It is not normal or always have a market that rise more than 15-20% in 6-7 months period. In fact, taking long term average, market average return rate is in teen number only.

Not bother, won't get it anyway. There are tons of people queue in front of you.

Think ahead, if the buyers queue is 'finished', means there are sellers come out to sell in so large amount of share until finish the buyers' Q, it just means something wrong on Magnum privatisation proposal already, price will come down, then it is not good of getting it either.

So when you queue at last, it means you are exposed yourself to be slaughtered only. It is the same for all, like goreng or whatever that has large quantity of Q between buyers or sellers one.
If you queue at the last, means disadvantage only.

Not actually, Just highlight if one tries to play fundamental part like normal stocks, then generally (not necessary) speaking looking for trouble only.
CWs are purely for goreng purposes and only buy when market is in bull run time which is the only way one can make money out of it, but need to 'run' fast as well.

While issuing house is the ultimate winner of this. It is like a casino open a table for you all to bet, but the casino (issuing house) already taking up 15-20% commission from the bet first, then only let you all to fight /bet against each other, eventually who lose or win among you all, they don't need to care as they have pocketed the money.

Also it is no coincidence CWs being issued aggressively during market peak time, issuing house are not dump also, they knew especially China related stocks are in bubble, so issued during bubble time will fetch up high exercise price.

Then we all go to Thailand for some gathering, you belanja all, including Tiger show.

Opss OT liao, market too boring I suppose.

It is part of self-controlled and financial management as well.

In stock market, emotion control and cool head are also key points to make wise decision.

Bubble burst in the process.