ahhhhh monday i wanna queue at 3.46

Oh....ho....learn Cherroy's style-ah.... , maybe he will queue same price as yours.
IMHO, depending on tonight's Dow's performance, if not negative, maybe Resorts will open gap-up on Monday

report bloomberg DJ futures: +64.00 currently

month end jor, hopefully got some window dressing to push push up certain counters, to make the figures look pretty

walau, simply shoot 2 biji = 20 lots. What if serious shoot?

aiyoh....i bought MRCB at 1.45 ( 10000 units ) and kinstel (1.41) 5000 units... i think maybank will force sell my share already... contra deadline over.. lets say i bought at 2pm it would force sell at 2pm right?

This post has been edited by Mikiyo: Apr 25 2008, 11:31 PM

no, by 12.30pm at T4

i see...no wonder u said u lost a lot when maybank force sell ure shares the market was going down during that time

yesterday i earned rm420 from kps contra .. today i loss rm230 .. and on monday, i m not sure what is going on with jaks .. just hope the total loss today + monday would not more than rm400 .. ..

other than resort, what is the others? .. .. sapcres? .. ..

well...if u trust me....finance stocks might b good for goreng sake on monday probably...MRCB at 1.45

Source from http://stockmarket.tailou.com/viewtopic.ph...88bb900c263ad5b

Liberalisation of long steel products and cement soon!
Get ready to acquire steel & cement in ur portfolio!

Read the further analysis @ http://bursastreet.blogspot.com/ top picks are Ann Joo Resources and
Kinsteel

This post has been edited by alivecmh: Apr 26 2008, 02:20 AM

if i were to speculate, i'd choose KINSTEEL too.

Many Steel Stocks are trading at PEs ( around 6x to 8x 08) , below current CI fair valuation of 13X 08 ( should be higher at 1280pts ).

Worth to take a look at them. You may have your own likings as well.

Hope you can share with us why you choose a particular stock, rather just giving one line statement.

We all hope to learn from you too.

whops sorry, nah, i didnt do any study on it, just that when a share is being goreng, nobody will look at its PE anymore. for eg. a hk warrant at 0.005, exercise price is a gap away, basically worth nothing, but when big punters really wan to "char" it, they won't give you a reason.

when i say "speculation", i won't bother about all those fundamental issues. afterall, it is meant for speculating / punter-ing. you won't have the intention to buy and sleep with that share for a decade. another eg, a PN17 counter can be "char" until go up the sky, who cares whether it is PN17 or not, right?

Even if you talk about speculation, you still need to know how the charts and volume look like ?

Or just use 6 sense ?

Sorry, not to flame you, just want to learn how people speculate and make money.

next monday would be a interesting trading day, as we will have TM INTERNATIONAL BERHAD (Stock Code: TMINT (6888))

reference price: RM 7.85

TM price surged 13% on the 1st day of demerger (23/4/08), reference price 3.05.

i wonder how far can TMINT jump, dunno got chance to queue at 8.00 or not

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.

purely on 6 sense maybe

some news on KINSTEEL, 2 days ago

GKG is Kinsteel major shareholder
KUALA LUMPUR: Singapore's GKG Investment Holdings Pte Ltd has emerged as asubstantial shareholder of Kinsteel Bhd with a 5.1% stake.

A filing with Bursa Malaysia showed GKG owned 46.36 million shares as at April 16.
Former stockbroker Goh Geok Khim, who founded GK Goh Securities, is chairman and managing director of GK Goh Holdings Ltd.

Kinsteel's share price hit a 52-week high of RM1.66 on Jan 8 this year while its 52-week low was 86 sen on Aug 17 last year. It is currently trading ata price-to-earnings ratio of 8.95 times.

I see many forumers are buying 5000 shares or more per stock to speculate.

I wonder whether it is considered to be small by today's standard.

I am kind of out dated.

---

Added on April 26, 2008, 10:14 amThank you.

next week market would go up and come down fast. Perfect for speculation.

But do not get caught , cos you are not the only speculator. Watch out for day traders, they have cheaper commissions to pay, and they run very fast.

just my 2sen opinion.


This post has been edited by SKY 1809: Apr 26 2008, 10:14 AM

meaning how many lots?
100-500 lots is normal goreng for me. It all depend on the total price . less then gor chap cheeng ok la.


cherroy,
T+3 force sell meaning on maybank showing age =4 time 12.30 pm right?


if :-
monday for me is age =3 . so meaning force sell is on tuesday 12.30pm right?

forgot to sell on thursday when i was getting starbuck and ah yat. now got to pay for it.

the young chap is always a risk taker, as we grow older, we tend to freak out, worry this and that, avoiding high cholestretol aka goreng food, like you say, steam food is better for health

jokes aside.

if buy in small qty, need to wait longer for the price to breakeven, as brokerage fees aint cheap nowadays (if you go thru remisier).

buy in big qty, as long as the price jump a few cents, they will throw.

goreng / speculate is meant for FIFO (fast-in-fast-out), the faster the better, otherwise if it over cooked or the show is over, you'll be trapped at high price.