SC Audit...been dropping for past 2 weeks
lost loads there

Ooic...

I know you have eyeing on Maybulk for a long time since it droped to RM 3.50, right ?

But still not buying ? Kulim is better, right.

I thought plantation is not your cup of tea.

Could be bcos of KFC ?





This post has been edited by SKY 1809: Apr 25 2008, 02:29 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

cherroy, what do u think about jaks at the moment? should i keep it until monday or sell it at loss? .. my buying price was 0.845 for 5000 units .. what do u think? ..

wah....so high ar u bought...

If i were u,i will just cut loss today.. its still green now, may turn red soon.

just my views

becoz MAYBULK ship sail away already

from 3.70 - 3.90 - 4.10 - 4.30 - 4.50 (+30sens dividend)

now back to 4.10 - 4.20

so opt for KULIM, since it has more room for upside. (waiting for it to breach 7.90)

===================

meanwhile monitoring at RESORTS.
looks like it is not easy to pass 3.50

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.

Look like the market is flushing out some weak players.

Do not know how long would it take.

JAKS player are playing around 0.795 - 0.810

passing above 0.845 is a tad hard today.

i think buying maymulk next year....while waiting to drop to 3.8....

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Added on April 25, 2008, 3:19 pmi this will be a few days, i think the big one is opening their mouth to enter cheap stock.

This post has been edited by ahpoh: Apr 25 2008, 03:19 PM

Buy pisang goreng...sure full...target fullness = 100%

This is not a buy call...buy at your own risk!

I think Tenaga are good now..Rm6.++

saw 2 orders buying 100,000 shares (1000 lot) of JAKS at 0.795/0.800 in less than 5 min's time.

not indicating anything. just write what i see.

i've seen more active trading between kids trading magic cards compared to today's volume!

me thinking of dayang

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

i agreed with cherroy...