If I am not mistaken, our friends here bought in UEMBLDR around 1.40-1.60.. Then when mart started to come down badly, our friends decided to cut loss.. its not contra but buy and keep with a hope of its going up.. sigh... unfortunately it came down..

This post has been edited by verbatim: Mar 26 2008, 01:32 PM

If some good news comes out after limit up, tomoro it will fly again in the morning then may start weakening... but it depends on the news oso leh..



I sold my IOICorp off at 6.90...

This post has been edited by verbatim: Mar 26 2008, 04:01 PM

This is another example of MALAYSIA BOLEH!!!! Losses increased by 300%, a sinking ship but can limit up....ada white knight ka???

not exactly, pana....

if limit up... buyers oni can que at limit up price, trading can still hapen if someone throw to the buyer...

if limit down.. sellers will que up at limit down price, trading can still hapen if people buy the sellers quote...

This post has been edited by verbatim: Mar 26 2008, 04:12 PM

yes... exactly... if u see now ppl throwing to the buyers. just now got 500 done... before that the counter of limit up where brifly we saw buyers at 2.10 and sellers 2.11... kena whack very fast in a blink of eyes.. now back to limit up...


heard that POS Malaysia gonna make MGO on transmile...

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Added on March 26, 2008, 4:19 pmI think Transmile will be out of limit up price... it wont stay limit up the whole session...

This post has been edited by verbatim: Mar 26 2008, 04:19 PM

That means someone is desperately trying to paint the Bursa green when its actually supposed to be red...

ya think so, tranmil will stay limit up now cos buyers coming in droves where buyers que is more than 10% of total volume...

MGO is Mandatory General Offer wheer someone offers to buy big bulk of shares at a higher price than the market price... it could be offered to other big shareholders and minority shareholders... the price will be determined by the buyer and usually it depends on the quantity of shares they wana acquire. if the want to take it private, then have to pay more leh..

[quote=cherroy,Mar 26 2008, 04:44 PM]
Once it is MGO, they need to take all the shares, can't set how many shares they want, it needs to be offered across all the shareholders of the company, it is same as to take it private already as listing company need to have at least 25% of liquid shares floating around at least 1,000 shareholders.

Whether they succeed or not, different case. If not succeed, company still can be listing as long as it complied the listing requirement of the shareholding spread.


noted that cherroy... thanx for correcting me..

Anyone bot sapcres... I just bot some just to test water.. Buyers coming like nobody's business..

I think an announcement will be made soon.. Just hold onto the shares.. Hope POS wont do a Maybank by offering sky high price. If that happens, POS will slide down..

sapcres par value is 20 cents.. so the two percent dividend has to be divided to 5... meaning to say u wil get RM4 before tax... Am i rite???

Thats a strategy to be adopted by all of us.. que low.. no harm with that. If we are lucky, u will hit it...

Well explained...

that was me... i took the remaining one lot..

I dont understand u.. Pls clarify

I am waiting in the line at 1.37...

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Added on April 1, 2008, 10:01 amI took ur advice.. Bought 1,000 at 2.65.. wana keep for long term leh...

This post has been edited by verbatim: Apr 1 2008, 10:02 AM

yes come to papa....

Bought 1,000 at 2.65.. waiting to shoot another later if go below 2.60

i caught one more at 2.60.. enuff for today loh.. no more bullets..

Sure ma.. The money generated will be a revenue for the whole group..