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 Stock Market V11, Stock Market talk

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dreams_achiever
post Mar 26 2008, 03:11 PM

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QUOTE(jongkolkhoo @ Mar 26 2008, 03:04 PM)
you consider yourself lucky still got something profitable to sell.
me got no stock. (only have pre election stock  doh.gif )
wan to buy also boat sudah lari. if today can catch boat also headache cause tomorrow not free to check.
yawn.gif  yawn.gif
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run while still can. tonight, mostly DJ will down after 2 days rally. yesterday nite form a hammer, dunno will down or up.
If tonight managed to close up, DJ still have chances to break its trend channel from down to up.
Anyway, just be prepared..biggrin.gif
dreams_achiever
post Mar 26 2008, 03:27 PM

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QUOTE(panasonic88 @ Mar 26 2008, 03:21 PM)
cannot run then let it "sleep" for 3 to 5 years biggrin.gif
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me too. need to escape with some minor losses.
prepare to enter market again when next bear come. last few days is just mini rally only.
We'll expected to see some small correction again when US banks announced its financial results in mid April.

Btw, anyone attended ATIC '08 last Saturday and Sunday at KL Convention center?
The seminar schedule are very tight. Every half an hour need to change place. Remind me of college studies long time ago(college lifes).
dreams_achiever
post Mar 26 2008, 03:29 PM

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QUOTE(panasonic88 @ Mar 26 2008, 03:28 PM)
those can sleep in the coffin already  sweat.gif
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or become "yam shi chi" liao(burned)..
can get it back after life..wahahahaaaa.. tongue.gif
dreams_achiever
post Mar 28 2008, 02:12 PM

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QUOTE(Seng_Kiat @ Mar 28 2008, 12:21 PM)
waseong-wa .. with rm500 capital u will earn rm30k .. fuhh! ..
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QUOTE
(1) Renounceable Rights Issue Of 90,641,547 New Ordinary Shares Of RM0.50 Each ("Rights Shares") At An Issue Price Of RM2.23 Per Rights Share, Together With 135,962,320 Free Detachable New 5-Year Warrants ("Warrants") On The Basis Of :
2 Rights Shares And 3 Warrants For Every 12 Existing Shares Held; And
2 Rights Shares And 3 Warrants For Every 6 Existing 3% Irredeemable Convertible Unsecured Loan Stocks 2002/2012 At Nominal Value Of RM1.00 Each Held.
["Rights Issue"]
(2) Settlement Of Outstanding Balance Owing By WASEONG To Mr. Giancarlo Maccagno Amounting To RM6,959,425 By Way Of Issuance Of 2,467,881 New Ordinary Shares Of RM0.50 Each At An Issue Price Of RM2.82 Per Share ("Settlement")
IMHO, I think the statement is not right.
First, you need to own 12 WASEONG shares to get these rights issue+warrant. So, your capital is not RM500 but more than that. Unless u can get warrant in the market at 0.005cents value. But i doubt you can, coz warrant holders won't sell their warrants at this price.

So, just beware. Dun take this as easy way to get rich. No free lunch in this world.. whistling.gif
dreams_achiever
post Mar 28 2008, 03:55 PM

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QUOTE(markchan @ Mar 28 2008, 03:41 PM)
1 lot meaning 1000 unit right? please correct me if i am wrong.

so what you guys means is 500 lot meaning

500 000 unit WOW
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1 lot = 100units/shares.
for those old LYN forumers: 1 biji mean 1000units (not sure currently, how is calculation now)...

Btw, want to ask why DJ is down yesterday but today asian bourse green in morning session? any reasons?
Most analyst said it is because of window dressing or because of stock futures where next Monday is expired date.
How does it affect current stock market based on futures expiring date?

Thanks in advance.
dreams_achiever
post Mar 28 2008, 04:07 PM

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QUOTE(panasonic88 @ Mar 28 2008, 03:58 PM)
near month end, i believe it is window dressing.

pushing up the price to make it looks "prettier", my guess.
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QUOTE(aretla @ Mar 28 2008, 04:01 PM)
wat is window dressing and stock future expired date?

is it juz to close the March market with a higher CI???
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hmm..if that so, is it applicable for every near month-end ar? if it does, i've gain one more buying/selling strategy liao..hehe... brows.gif

hmm...dunno how to answer ur question coz me also noobies as well. Let the questions be answer by our gurus here. biggrin.gif
erm..did i said cherroy? haha... tongue.gif
dreams_achiever
post Mar 29 2008, 03:47 PM

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QUOTE(okk @ Mar 29 2008, 02:32 PM)
Hi,
I am using HLeBroking account all the while and I notice that they offer 0.10% brokerage for intraday trading.
I have a few questions and hope the brothers here can help me.

1. Do I need to explicitly tell them that I need the intraday facility? Or is just just when I buy and sell in the same day, then my brokerage fees will 0.10%?
2. Based on question 1, whenever I buy a stock, I notice that my account is debited with the amount of stock I buy and with the 0.42% brokerage fees. So if I am going to sell in the same day (if this will activate intraday trading), does that mean that some portion of my initial brokerage fees of 0.42% will be credited back to me so that the brokerage fees is lessen to 0.10%?
3. For intraday trading, does the minimum brokerage fees of RM12 still hold?
4. Does the system actually allow buy and sell on the same day? Any problem with this based on the T+3 rule?
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Based on my intraday experience using RHBInvest:
1)They will create new intraday account for intraday trading purposes. That intraday account is just extension from your existing account. For eg: Your normal trading account is A1. Your intraday trading account will be A1-D. Whenever you want to trade intraday, you need to use this intraday account.
2)Nvr encounter this before. Anyway if you can't managed to sell stock that you bought that day, your broker will call you and transfer the stock to your normal account and charge normal brokerage fees.
3)Not sure. IMHO, i think it should.
4)No T+3 rule applied for intraday trading only if you managed to buy & sell at same day. Else will treat it as normal trading.

Drawback:
Your remisier will always call you whenever reaching last hour of trading to ask you sell this stock(quite troublesome if you working). But it can avoided if your broker trust you.

This post has been edited by dreams_achiever: Mar 29 2008, 04:03 PM
dreams_achiever
post Mar 30 2008, 09:35 AM

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QUOTE(okk @ Mar 29 2008, 08:49 PM)
If I don't use intraday trading facility, can I still buy and sell on the same day? Any restriction from T+3 perspective?
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If u didn't use intraday trading, then those transactions is considered as normal trading.
Just follow as normal brokerage fee of 0.42%(maybe varied depend on traders) instead of 0.10%.
I think T+3 perspective is applied to normal trading rules. Not for intraday purposes.

If got contra losses, then it will deduct from your trading account else you will need to top-up to cover the losses.
dreams_achiever
post Apr 2 2008, 02:04 PM

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QUOTE(naz_b_85 @ Apr 2 2008, 01:40 PM)
Pana,

That's what I thought too, warrants with Csometing are third party issues correct? while warrants with Wsomething is issued by the company itself yes?

But i checked it here http://www.klse.com.my/website/bm/market_i...ll_warrants.pdf

and there was a conversion ratio for sime-cb? How?  hmm.gif
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for cw, ratio specified is for cash settlement purpose when it is expired. No conversion to mothershare, only cash settlement for those call warrants issued by third-party.
dreams_achiever
post Apr 3 2008, 07:36 AM

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QUOTE(naz_b_85 @ Apr 3 2008, 01:35 AM)
today say won't bubar parlimen,
tomorrow bubar parlimen,
today say won't resign,
tomorrow say ...........  tongue.gif
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To be exact: he changed his mind in less than half a day.
morning said won't bubar parlimen and later at noon in same day, announced parlimen has been bubar...
this PM where to get, can suddenly change is mind in very short term. Malaysia BOLEH... tongue.gif


Added on April 3, 2008, 7:43 am
QUOTE
GEM Global buys RM30m Welli shares
Published: 2008/04/03

WELLI Multi Corp Bhd has agreed to allow GEM Global Yield Fund Ltd to subscribe for new shares worth up to RM30 million and it will use the proceeds for working capital. Welli entered into a conditional agreement with GEM Global Yield Fund and GEM Investment Advisors Inc on Tuesday. It did not give more information about the two companies. GEM Global Yield Fund will hold no more than 4.9 per cent in Welli at any point, it said.
No wonder yesterday WELLI surged.
This morning will be profit taking? since news has come out and DJ closed in RED -> will "BUY ON RUMOUR, SELL ON NEWS" be materialized?

This post has been edited by dreams_achiever: Apr 3 2008, 07:43 AM
dreams_achiever
post Apr 3 2008, 10:10 AM

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what happen to KLSE website?
Usually it only delayed of 1-3mins. Now, it has been delayed up to 15mins.
Can't check the KLCI results in more faster way.

Btw, better not average down during these political uncertainties time. There would be more drastic news will come out and KLCI will plunge by its power...By then, u can start accumulating those targeted stocks.. tongue.gif

(Note: hope u understand what i mean)
dreams_achiever
post Apr 3 2008, 10:33 AM

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QUOTE(kinwawa @ Apr 3 2008, 10:13 AM)
ya.....just kidding...hope u all wont take it too seriously.....u can c i'ved nt been buying for quite some time liao hehehehe.....
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Yup, i know you are kidding coz you are smart investor. Not simply jump into boat without proper analysis...hehe.. biggrin.gif

QUOTE(joanalooidog @ Apr 3 2008, 10:15 AM)
so.....wat r those "targeted stocks" ah brows.gif brows.gif
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Depends on your choice of preferences. I can't give you ideas on it.
For me, i like those blue chips counter (and of course with some call warrants issued on it)..hehe..so that i can invest on cw and some portions on blue chip counters.

QUOTE(jongkolkhoo @ Apr 3 2008, 10:19 AM)
i'm with you..
closing all contra position with minor cuts.
all gains wiped out.  cry.gif  cry.gif 
i must learn not to be distracted.
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yup..lose little rather than watching it plunge when bear start visiting us..

Anyway, just my opinion though. Not sure when this news will start take effect. For moment, my portfolio is clear from any stocks. waiting for good buying opportunities.

This post has been edited by dreams_achiever: Apr 3 2008, 10:34 AM
dreams_achiever
post Apr 3 2008, 12:11 PM

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QUOTE(panasonic88 @ Apr 3 2008, 12:01 PM)
1223 noawww...

these 2 days will be very sensitive sweat.gif
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Seem support level at 1230 no longer been supported. free fall now..
waiting to find another new low support level.

Ermm..any special news will come out? AAB coming down? AI contesting and become PM?..
brows.gif

dreams_achiever
post Apr 4 2008, 10:59 AM

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QUOTE(kinwawa @ Apr 4 2008, 10:48 AM)
u c.... u also nt interested to check..sure dat low la! hehehehe
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Some more, today is public holiday for HK. No movement for HK warrants as well.
sleepyy...too slow...
dreams_achiever
post Apr 4 2008, 11:16 AM

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QUOTE(cherroy @ Apr 4 2008, 11:10 AM)
Yes, it is officially a public holiday in HK.

KLSE also partly holiday today, look at the volume already known.  biggrin.gif


Added on April 4, 2008, 11:11 am

The green is done by a lot of '1 lot' at heavy weight.  biggrin.gif
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Yup, it is cheng ming holiday for Hong Kong.

Even less forumers post thread here as they also having holidays. hehe... whistling.gif
Not as active as yesterday..

dreams_achiever
post Apr 9 2008, 04:54 PM

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QUOTE(neverlog @ Apr 9 2008, 04:50 PM)
provided my ah gong and ah ma know how share works.... sweat.gif
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much better if they can provide 4D,5D and 6D. We'll be instant millionaire.
No need to play shares liao..
kaka...
dreams_achiever
post Apr 10 2008, 10:36 AM

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QUOTE(panasonic88 @ Apr 10 2008, 10:30 AM)
IRIS is having trouble now. better throw before it turn to PN17 sweat.gif
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Sometimes SC is slow in taking action to those ppl that manipulate stock. The news said from mid year 2006 till mid 2007, the price of IRIS rose 17times from 7 cents rose up 1.30++..(quote from thestar)
very high speculating stock..

Edited:
The commission launched a formal investigation after Iris was declared a designated counter. From September 2005 to May 2006, Iris' share price rose 17 times from only eight sen to a high of RM1.36 on a trading volume averaging 200 million shares daily.

Already happen since 2 years ago.

This post has been edited by dreams_achiever: Apr 10 2008, 10:38 AM
dreams_achiever
post Apr 10 2008, 12:11 PM

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QUOTE(sharesa @ Apr 10 2008, 12:08 PM)
once you press confirmed & your money deducted, no turning backwards
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U still can get your money if you din managed to get IPO subsription. So just pray hard that they won't pick up ur number if you regret subscribed it... biggrin.gif
dreams_achiever
post Apr 14 2008, 02:49 PM

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QUOTE(sinclairZX81 @ Apr 14 2008, 02:44 PM)
Is it true that the political situation in UMNO is affecting the market?
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I would say yes. You can take example from last March election where our BN take huge damage from it. BN biggest component is UMNO. and UMNO currently managed by those greedy ppl that only concern about theirs interest.

Saw news that PSM(Parti Sosialis Malaysia) plan to change to be under BR(Barisan Rakyat). So many uncertainty for Malaysia politics. Better stay sideline and see first.
dreams_achiever
post Apr 14 2008, 08:18 PM

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QUOTE(chen9wei @ Apr 14 2008, 06:48 PM)
won't the price of the counter plunge after the exdate ?
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To be correct: stock is not plunge but readjusted to price after bonus dividend payout or bonus issues.
It is normal which is applied to all counters after paying out dividend.

Plunge usually associated to counter where bad news affected those counter without any bonus issues, or dividend payout occured.

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