Goreng for me tomorrow by lunch time.

This is assume that the price doesn't drop prior and after the capital reduction, but reality, in general market doesn't accept well with capital reduction restructuring. So price might fall.

Don't mean to suggest anything (buy or sell).

So judge your own.

Yup, may be someone intentionally push it up so that they can gain some from it, especailly those substantial shareholders. You know, I know one who lah, just guessing, no concrete evidence

Easy to push at first day listing mah, as people will have a 'wrong' perception (not wrong, I struggle to find a word to describe), due to previosuly TM was a Rm11.00, now Rm3.05 so aritificailly look cheap.

Someone is putting a buy Q of 60,000 to 'support' it.
Now become 70K vs few hundreds lot of seller. Need to put so much meh, if really want to buy?

Pana(my) has been sleeping with me for almost a decade already.

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Added on April 23, 2008, 1:52 pmMay be just like its name implied, too BIG to move.
But once it moves, moves big one.

Nonsense talk from me.

This post has been edited by cherroy: Apr 23 2008, 01:52 PM

Good for you, make nearly 2K liao.

Virgin trade as well?

anyone else (virgin) , must follow liao like this

This post has been edited by cherroy: Apr 23 2008, 01:55 PM

LOL, touchwood.

Yalo, don't be too greedy.

Really bullshit rules then.

Mostly investment houses are applied Rm40 for min commission through phoning remiser one, while Rm28 (30% discount) for internet trade (can be direct or through remiser one).

Normal brokerage commissionis 0.6% so with internet trade they give 30% so become 0.42%. This is mostly use but not all.

BBQ chicken, mee goreng, goreng ayam, all yummy yummy.

Nam Mo Oh Ni Tou For. 南无阿弥陀佛

Test your determination.

You can roll over one mah, don't need to buy so far, can be illiquid.

Anyway, up to individual choice and preference.

Illiquid mean the place/counter is less trade so it is hard to get a transaction done at market price or as you wish. Like buyer/seller Q far away with low quantity.

Roll over. Just like you buy spot month (April) contract of FKLI, when it near expire, you sell April one then immediately buy May one. That's mean your April contract roll over to May. So when May near expire time, you do it again, then roll over to June.

So like that you continue to hold the futures contract without actually closing it or sell it. As lon as the index keep on going higher then you will gain. With roll over, it is as same as holding long term on the futures. That's the reason why less people want to trade month ahead contract as with roll over, you get the same effect.

This post has been edited by cherroy: Apr 23 2008, 04:11 PM

Yup, it is kind of interesting issue, haven't seen warrant exercise price being priced significantly lower than the mothershare.

But with issuing more warrant, it potentially dilute the earning so mothershare might have difficult to rise.

2.47 now is not the same valuation of 2.47 after new (more) warrant being issued. 2.47 after warrant issued is more expensive than 2.47 now.

So YTLPower will have more upside difficulty after the ex-warrant issue. (but it doesn't mean it can't go up, don't get me wrong)

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Added on April 25, 2008, 2:37 pmDon't look at Q as Q can fake one. Sometimes, people put more Q in the buyer side just to lure people to buy on the seller which mean they can liquidate. The buyer Q can have no intention of buying.

Look at the volume done is more accurate indicator.

This post has been edited by cherroy: Apr 25 2008, 02:37 PM

For the goreng stuff, it doesn't look good today technically. 2 days of picking volume of surge then today volume shrink back in fast pace (unless pick up late afternoon), it doesn't seem the bull is a big one, just baby bull only and fragile. Can turn into bull trap in a bear market. Based on chart, we are not out of the wood yet. So don't overly bullish, nor bearish.

Stay at a more neutral point to see will have much better view how market will behave then make decision based from it.

It is more like local syndicates are playing among themselves only. Big players especially foreign are mostly still sideline.

This post has been edited by cherroy: Apr 25 2008, 02:49 PM

I am not fortune teller, so can't tell whether Monday or Tuesday, it or market will rise.

Better see how Jaks price and volume movement to determine whether it probably to go up or down. It is irresponsible and inappropriate for others to give advice on such short term event. Nobody knows market will go tomorrow or next week.
Volume holds the key indicator, that's all or the best I can say.

Btw, Reuters or any creditable investment house put a target price of let say ABC stock at Rm10.00 and now the stock price is RM7.00. Doesn't mean the stock can go up in near future. It can be 1 year, 2 year or even 5 years time from now.

Playing contra or speculation is totally different from investment.

Cheers.

FYI, normally (not necessary, I might be wrong), IPO counter volume will fade way after 2 to 3 days,

There is nothing wrong if one opt for speculate.

Just what I meant is don't mix up speculation strategy with investment method.

Just like investment houses say ABC stock is good, or XYZ said target price is RMxx.xx. Then one takes it as speculation target. Not a right way to do. For speculate in short term, contra or margin play or whatever, you go for the 'on strength' stock that is in the move that potential to have high differentitate between price in short term.

Not that possible in near term for capital repayment and privatisation.

Resorts just finalise and getting Singapore $4 billions loan. http://biz.thestar.com.my/news/story.asp?f...83&sec=business

But future for the company is bright that will drive the stock.

This post has been edited by cherroy: Apr 25 2008, 04:31 PM

Aim for short term peanut is quit easy to get then.
It moves rather predictable, and in a tight range.

Actually privatisation meant you are no longer will be the shareholder again. Short term one might earn extra from the privatisation price offered, but one lose long term grow with the company.

Just like Maxis, we knew it is a strong and solid company. But even it took private at Rm15, but in future it might be a RM25 stock like Digi as company or profit continue to grow.

Worst still if one took the Rm15 to buy XYZ stock which might be a losing making company.

So privatisation is not a good news as only good company and value company is target for privatised. No one want to privatise a losing money company.
So privatisation can mean kill you goose to enjoy short term gain that lay golden eggs.

Just my 2 cents.

This post has been edited by cherroy: Apr 25 2008, 04:40 PM

Count me in then.

May be tembak 2 biji for fun or syok only. Too boring, so play play a bit.

Yup, that's true in real life.

Speculation short term, look at technical side and goreng side. After all win or loss, you are going to sell no matter what happens, it is not meant for hold mid to long term either.
But if meant speculation then let it be short term, win or loss never mind. It is for fun only. Just like going to Genting casino play few rounds then go home with some excitement. It is not meant for serious and big money involved.

Normally they will sell before T+4 before 12.30 pm.