But I don't know you actual situation.

I got one account attached with remiser one, whenever I trade using phone order, then 0.6% rate apply, when I key in through the online then automatically they will charge 0.42%. Even I phone him ask some question, then key in the order online, still 0.42%. It depends where your order from.

I once phoned and ask him some question, then I said to him, I will key in order online afterwards.
Still he is happy, nowadays, as long as got orders remisers happy already. They don't bother much whether it is 0.6% or 0.42%.

What do you mean actually, mind to share?

Thinking to grab some.

oic,

It just mean there are some substantial shareholders keen to dispose but don't want to depress the stock price too much, so everytime finish then put 'fresh' Q on it, rather than straight away put 50K lot and scare the buyer away.

If one see 50K lot at seller side at 6.20, then naturally, one tends to Q at 6.15 rather than buy at 6.20.
While if buyer Q is 20K at 6.15 while seller Q is 2-3k at 6.20, then naturally one will buy at 6.20. Then in this way, seller will have more ease to dispose.

That's why I always stress that don't look at the buy/selle Q, but look at the volume done and how it was done then you will get a clue what is happening.

This post has been edited by cherroy: May 12 2008, 04:30 PM

For my preference, 6.20 already reach my recent target price to buy. But haven't make a move today mainly because lately a bit busy with work.
Let see how tomorrow or next few days going. No rush, as don't think market will go straight up, still in consolidation phase.

Every investment house can implement any commission rate, so 30% discount is not automatically will be given, better check with your respectively broking house to confirm. Just mostly apply.

I don't know exactly but my guess should be during before AGM or after they released their annual result time.
Should be sent together with the annual report, I suppose.

Not yet a shareholder, so don't know exactly.

Wah, like that also can.

Got people buy?

For Genting vouchers case, Genting management won't care much about shareholders resell their vouchers given. As long as people go to Genting, they are making profit out of you already. This is the key.

Hey, this a forum discussing Genting shares lah, not for free voucher. Never ever buy a share because of free stuff.
Or should be never ever buy a thing because wanting the free stuff.

Cheers.

It is very unlikely YTLPower can move higher, as those with newly subscribed warrant are waiting to sell. They can make a instant Rm1.+ profit with the conversion of the warrant afterwards. With 1:3 allotment, there are massive warrants that can convert at RM1.25 (correct price? forgot what price, roughly at this range) to become mothershare.

If oil price rise to USD150 (as expected by Goldman Sachs or JPmorgan, not sure which one) then may be faster.

One thing make me think twice (just personal preference) before buying this kind of counter, it doesn't pay any dividend due to company massive expansion programme needs.
Nibbling little for speculation may be when it is a penny stock.

So fast jump into the boat already.

You jump, I jump also.

YTLPower just let their shareholders to buy its newly issued warrant (-WB) at the basic of 1 warrant for every 3 shares owned at the offer price of Rm0.10. With exercise price being set at RM1.25, those warrant subscribers will gain roughly Rm1.00 per warrant if convert to mothershare to sell.
So by right when -WB being listed, it will be traded at 1.++. So don't need to convert to sell also can.

But with 1:3 issue, its means potential of future earning dilution from the warrant conversion is huge (1/3), that's why share price has difficulty to rise immediate after the ex-warrant issuing.

Don't get me wrong, I don't say it is not good. Just with ex-warrant issue, mothershare looks not attractive as previous, also potential EPS dilution might also pressure the stock a bit for near term. But if future earning still good, then it still can rise up one.

WA or WB or WC, conversion mostly set at 1:1, same with YTLPower newly issued warrant.

Only those CWs are being issued with massive conversion ratio like 10:1 or 100:1 to make their share price 'tiny' or cheap of you want to call it.

This post has been edited by cherroy: May 14 2008, 08:58 PM

Aiyo,
Resorts is not a construction company lah. Even Resorts wants to build hotel, it will hire a construction company to build for them which price is agreed before the contract signed.

Construction company is the one will face difficulty in rising material cost.

Aiyo, still live in ancient ages?

Their core business is hotels, casinos, plantation (Asiatic) and IPP (Genting Sanyen) but whether they have sold off or not yet, need to verify.

Raising cost in construction materials for its hotel building is not significant compared to billions potential generated profit in the future, after all, it is one off. While rising cost and inflation might mean existing asset valuation appreciated.

The recent slump of Genting share price mainly because of foregin funds downgraded as well as political instability which make some foreign fund pull back a little on this market as well as concern of massive expansion deal in UK casinos which as shown by Genting International recent financial report. Having said that Genting International is not the main contributor of the whole Genting group, just small part.

This post has been edited by cherroy: May 15 2008, 09:06 PM

Leader Universal & Leader Steel (LSteel) has nothing to do with each other, they are individual separated identity. Leader is origin in cable manufacturing while LSteel is producing steel related product (not steel mill).

LSteel just shoot up from 50 cents level to now 90 cents level, now only use the margin to average to buy at 0.90?

Good luck to you. Not meant will loss (or gain also), don't get me wrong. Watch out the T+3 effect though.

This post has been edited by cherroy: May 16 2008, 11:27 AM

I don't buy this kind of news especially now gov is financially strained currently. Yes, project is there based on paper but you need $$ to implement. With food and oil subsidy ballooning to huge figure, where got extra development fund? Unless gov raise tax or economy growing at full pace.

Unless it is private initiative, then different story.

But who (private) will invest 15 billions in broadband upgrade unless gov promise for monopolise this industry, like Astro. As broadband infrastructure need long term to recoup its investment made.
Just my opinion.

Good fundamental stock with steady performance throughout is much better than putting FD.

Personally only sell when those stocks are way ahead of its fundamental or deteoriating fundamental (like I sold on Carlsberg last time out), othertime, don't bother much about their daily price movement.

When it is too expensive to hold then sell decision will be more justified, like current share price only yield less than (or equivalent or slightly above) FD rate even take into account of 1-2 years growth ahread, then 90% you know the share price won't go much further or in other word, the chance of share price to move higher is slim, while share price correction downwards chance is high. <-- but still you don't know how it will move as sometimes momemtum of the market can take a stock quite far. (bullish time, people tends to see the glass half full while bearish time, people see it half empty even though it is still the same)

Ask yourself, if sell those stock then what are you going to do with those money (cash)? Putting in FD earn 3.7%? Any other alternative? If answer no, it is hard to convince me to sell thouse 6-7% yield to put in FD 3.7%. Only if the stock can't generate this kind of yield due to profit deteoriation then I would sell. That's just my view on strong fundamental stock. This doesn't apply on goreng stock.

Anyway, just my personal preference, there is no definite answer in stock market. It depends on individual liking. Some like 'goreng' stuff, even though some never earn a 'net gain' over the long term goreng this goreng that. While some like steady boring and don't like much price movement, as long as stock yield 6-10% return then considered satisfy already while any capital appreciation is a bonus for them.

Just my 2 cents.

1) Yes

2) inside news? Never ever trust inside news as even got one, when it reached to you, it is already too late. Most so called 'inside news' is just the news spread by syndicate in order to lure retailers to buy where they can 'goreng' or disposing. The above statement has nothing to do with AISB as I didn't follow this stock so don't know about it.

3) Par value.

Cheers.

You think foreign investors are so inefficient one meh?

This post has been edited by cherroy: May 20 2008, 03:07 PM

Sapcres is not drilling oil one, it is just a oil servicing or provide infrastrcuture for oil rig or oil industry related construction, correct me if I am wrong.

For current high price of crude oil, the one benefit directly is those oil drilling company (like Saudi, OPEC) but for the like company with integrated oil industry (from drilling crude oil to producing petrol, diesel etc) eg. ExxonMobil, they are not benefitting 100% from it.
In fact refining margin is squeezing currently due to high crude oil price because the pace of rising in petrol, diesel, distille product are not catching up the pace of crude oil rising.

It depends the warrant subscription is renounceable or non-renounceable.

YTLPower new warrant issuing is renounceable so those with WR can sell-off their right.
If it is non-renounceable then shareholders can't sell-off the right, no WR will be listed either. You either want to subscribe it or not.