Never underestimate people. There might be some rich folks in here also.

Also, with nowadays, lot of cheap and penny shares around, 5000 shares is not that much either.

Just 'play' according to one afford. Something like you have 10K income per month, with several ten to hundreds thousand of saving, then there is no harm done id somone fork out 10-20k for stock speculation once awhile. But for serious and large sum of money involved, speculation is big no no.
It can be part of learning process for new and youngster in stock market.

Just 'play' according to your affordability. Don't use margin or leverage and always speculate with small disposal fund that you have.

But once is experience and old enough, by that time, one can easily get bored with goreng, as in and out, in and out, probably breakeven only, but I had seen more lose one than gain one.
By that time, one will think it is much better stick with good fundamental and boring stock that grows and earn consistently in long term.

Anyway, I don't think 'goreng' season is back. Just minor selective goreng only. Volume doesn't look convincing at all.
All problems had gone? In term of politcal instability, US economy recession, housing slump in US. While US and international banks had reported good profit?

Aiseh, if putting 0.02 higher (we kedekut people mah), then getting it already. Now Carlsberg yesterday close is 4.32, can make Rm200/biji already.

So sometimes luck plays some part on it.

Once I always Q lower price at Titan but not getting it (around 1.45-1.50), then it is fortunely not to get and now 1.32 only.

Anyway, it is not that good result for Calrsberg. It registered 150% rise because of last year poor result as a benchmark comparison.

With 8.67 Q earning is not enough to sustain its 35 cents annual dividend like previous. Bare in mind, 1Q is always the best Q for beer businesses due to Chinese New Year festival which surely registered good sales. So normally 2Q won't be as good as 1Q.

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Added on April 26, 2008, 12:42 pmYes, it is always should be the way.

Core business and career is the primary one should focus on.

Stock market is for leisure.

This post has been edited by cherroy: Apr 26 2008, 12:42 PM

Market is not stupid either, people familiar with it anticipated it most of the time. There is no guaranteed they will report good result every 1Q, just like Carlsberg last year.

Also, cigratte and alcoholic stocks most of the time, price will be under some pressure near 3Q because of budget, raising tax.

Newly in market, may be.

Now, get use to it already. You can't gain in all in the market, after all stock market is not the primary income that we aim for. Just for some extra.

I also Q 5 cents lower when Sime was 6.45 (long time ago before the bull run start) but didn't get it. This should jump on floor harder until it break.

But I am getting quite a number of shares Q'ing like this in Panamy, Reits and Shell, BKawan (6.20) as well as Genting last time out 6.50 <-- make some peanut from it.

What to do, kedekut behaviour mah.

That's true, we have first class infrastructure, but implementation is not.

If one is a futures market trader, one had experienced several times (not once but quite number of time), FKLI can't be traded at all for the whole session (about half day) due to 'technical problem'. No back up system or whatever contigency plan?

KLSE is one of the top and favourite bourse in Asia back 80's to 90's. Now, it starts to become forgotten liao.
The main problem of KLSE facing now is lacking quality and big cap listing company. We have quantity but lack of quality. Apart from GLCs, there are only a few name left.
Merging second board and main board company won't make the bourse become stronger instead it might drag down the quality of the bourse.

If market trading is so simple, then the author and lot of traders already become rich by now. Don't need to be author anymore.
Don't get me wrong, I highly respect all the authors the investment analysts. Just highlight why don't blindly believe any strategy.

There are 10 days moving average, 60 days, 100 days, bollinger band, RSI, MACD etc. None of them giving fool-proof strategy. It just give you a reference point so that at least you know what is happening. <-- that's the main point and usefulness of TA.

Just like resistance level or support level. From TA or charting, we can draw out a resistance level based on a chart, it just means whenever the stock price reach at this price range, more sellers eager to sell. But it doesn't mean it can't go over the resistance level if there are more buyers keen to buy. But at least you know the stock come to this level, sellers will start to emerge.

So one must understand the meaning of each TA tool.

Technical analysis is using old data (stock price for the last few days and months) to interprete the movement trend, but it doesn't mean future of next few days or weeks, the movement will be guaranteed to be the same.

TA merely as reference is good but not for blindly believe.

Just my 2 cents.

One word to describe, GLC.

FKLI problem is more severe recently, happens several times already. FKLI involves lot of money in stake, once system glith might cause clients to lose signficantly amount of money. Then who can they claim for the losses? None. Blame yourself only. I understand this is not under the compensation fund. But this is more on reality and more importantly creditibility of the exchange.

As I got trade in FKLI, there is once on the day Maybank being ex-dividend (60 cents or 40 cents), as you know Maybank is the top KLCI component stocks. KLCI fails to show up for the nearly 1 hours + since 9.00 am because the ex-dividend causing the KLCI computation going hair-wired. So KLSE fails to show KLCI for near 1 hours+, then for futures trader like me even instituitional fund, how to trade FKLI? As FKLI trade still going on, all blindly trade only?

Also only several counters are being traded only in futures market, also volume kind of mild only (max about 10K contracts on spot month only) so difficult to implement a robust system to trade? Really don't understand. Then how to catch up become a world class exhange?

TMI is not included in the KLCI computation. But TM does. But Bursa said they will but after weeks or months time.

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Added on April 28, 2008, 9:10 amTold you, most investment houses put not that high target price on it, from 7.35 to 8.xx something.

Based on comparison of Telco shares, its valuation at its indicator price is rich.

But its code is nice 6888 <--- purposely choose one, I suppose.

This post has been edited by cherroy: Apr 28 2008, 09:14 AM

May be because people want to have its warrant as posted earlier.

This post has been edited by cherroy: Apr 28 2008, 09:14 AM

It goes up with little volume only.

haha, really mabuk this time. Only 2 weeks time ago. Don't be stingy (kedekut) sometimes, but what to do, we "kedekut' people mah.
What to do, look for future opportunity lah.

Bare in mind, it is not a very good financial result also.

4.08? can, after ex-div loh. Hehe.

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Added on April 28, 2008, 11:50 amSorry, but it doesn't make a lot of sense. Since both of them demerged already, so better look at individual stock valuation to determine. Historical price doesn't dictate how future price of a stock will be.

Just my 2 cents.

This post has been edited by cherroy: Apr 28 2008, 11:52 AM

I had posted before, investment houses target range from 7.35 to 8.xx

Personally won't be much interested.

This post has been edited by cherroy: Apr 28 2008, 01:51 PM

Keep it in FD.

Study the market first and fully aware of risk of it, then only start also won't be late.

You bring a lot of friends to there and what kind of experience? Hehe

OT liao.

This post has been edited by cherroy: Apr 28 2008, 03:01 PM

Like that also can. Haha

Chicken wing also not bad already.

Look at the volume, until now haven't surpassed 400 350 millions. Volume is like 'oil' for goreng. Too little oil will lead the goreng hangus one.

This post has been edited by cherroy: Apr 28 2008, 03:51 PM

Someone come out with this kind of statement, really make people sick.

Don't be too greedy lah. As long as make decent profit is enough, let others earn a bit also mah.
Who's know after that when it goes down. Then you will change your word said lucky I sold at 1.45. Haha

Some of Japanese food are being eaten in raw, especially fish like Salmon, don't need to boil also. See Japanese tend to have longer average age.

OT a bit, but personally, cannot 'tahan', always lau sai if ate raw fish.

So once while takes goreng is ok, otherwise bad for health. (in term of $$ also your heart)

How much your average price?

Sapcres technically doesn't look very good in short term, failed to breach around 1.70 level which is the key resistance point.

What I can find is they give 68 cents, can't find 98 cents.

But like that, it will be delisted by KLSE (no core business). It already being assigned with GN3.