Come on CI, lets go down more!
Stock Market V13, Stock Market Chat, Traders and Investors Chit Chat
Stock Market V13, Stock Market Chat, Traders and Investors Chit Chat
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May 27 2008, 01:52 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
Come on CI, lets go down more!
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May 27 2008, 02:19 PM
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Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU) |
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May 27 2008, 02:26 PM
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Senior Member
2,181 posts Joined: Oct 2007 |
KUALA LUMPUR: Bursa Malaysia has cautioned investors over the persistent rise in the share price of Golden Plus Holdings Bhd.
In a circular issued Tuesday, it told investors to note that GPlus had on May 14 replied to Bursa’s Unusual Market Activity query that there was no material and recent development in their business to explain the price rise. It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. “Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company,” it said. “Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPlus securities,” it said. |
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May 27 2008, 02:29 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry |
QUOTE(kinwawa @ May 27 2008, 02:26 PM) KUALA LUMPUR: Bursa Malaysia has cautioned investors over the persistent rise in the share price of Golden Plus Holdings Bhd. Haha,another potential limit down candidate....In a circular issued Tuesday, it told investors to note that GPlus had on May 14 replied to Bursa’s Unusual Market Activity query that there was no material and recent development in their business to explain the price rise. It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. “Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company,” it said. “Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPlus securities,” it said. |
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May 27 2008, 02:33 PM
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Senior Member
607 posts Joined: Mar 2008 |
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May 27 2008, 02:37 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(kinwawa @ May 27 2008, 02:26 PM) KUALA LUMPUR: Bursa Malaysia has cautioned investors over the persistent rise in the share price of Golden Plus Holdings Bhd. i thought this kind of news would make the price go down, but it raise +0.250 today. In a circular issued Tuesday, it told investors to note that GPlus had on May 14 replied to Bursa’s Unusual Market Activity query that there was no material and recent development in their business to explain the price rise. It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. “Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company,” it said. “Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPlus securities,” it said. QUOTE(dsugums @ May 27 2008, 02:33 PM) yahlor no eyes see jor. |
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May 27 2008, 02:41 PM
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Senior Member
607 posts Joined: Mar 2008 |
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May 27 2008, 02:47 PM
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Senior Member
1,385 posts Joined: Mar 2008 |
Aiks....CI plz go up tmr T.T T+3 d....still havent cover commission!!
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May 27 2008, 02:49 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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May 27 2008, 02:51 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry |
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May 27 2008, 02:55 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. “Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company,” it said. roger that, lklatmy. one thing wondering me, it stated GPlud...errr GPlud? not GPlus ka? |
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May 27 2008, 02:57 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
G-PLUS is being pushed by Singaporean Syndicate.
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May 27 2008, 02:57 PM
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Senior Member
607 posts Joined: Mar 2008 |
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May 27 2008, 02:58 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(panasonic88 @ May 27 2008, 02:49 PM) If one bought at 1.6x and now is 2.2x, still want to hold on some company that failed to submitted audited account for the 31/12 ending one? Then I salute him/her on the bravery side. Don't mean recommend buy to sell. Judge your own, and buy/sell on your own risk. |
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May 27 2008, 03:00 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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May 27 2008, 03:01 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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May 27 2008, 03:03 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(cherroy @ May 27 2008, 02:58 PM) If one bought at 1.6x and now is 2.2x, still want to hold on some company that failed to submitted audited account for the 31/12 ending one? Then I salute him/her on the bravery side. taken immediate action.Don't mean recommend buy to sell. Judge your own, and buy/sell on your own risk. actually it was my dad, i knew that he have some GPLUS, for fun sake only he buy that. now he is holidaying in bangkok, i wonder whether he have the time to watch today's market, have sent a SMS to notify him. update: kakaka, my dad sold it already. looks like his remisier is doing a good job here This post has been edited by panasonic88: May 27 2008, 03:05 PM |
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May 27 2008, 03:07 PM
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Senior Member
2,932 posts Joined: Sep 2007 |
But there could be an interesting reason why GPlus has gone up, a reason that outsiders don't know yet, but a reason that may make the price go up even further.
Just playing the devil's advocate here, hehehe.. |
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May 27 2008, 03:08 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(panasonic88 @ May 27 2008, 03:03 PM) taken immediate action. FYI, the company submitted the extension of period for the financial reporting on 31/12 but has been rejected and is classified as PN17 company already, but someone during that time, 'goreng' it kau kau, I suspect try to unloading stake (just my guess). actually it was my dad, i knew that he have some GPLUS, for fun sake only he buy that. now he is holidaying in bangkok, i wonder whether he have the time to watch today's market, have sent a SMS to notify him. This is some line published by KLSE QUOTE Bursa would like to advise investors to exercise caution and due diligence on the trading of GPLUS securities and to guide their investment decisions based on fundamentals of the Company. Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPLUS securities. |
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May 27 2008, 03:11 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
thanks for the immediate head up, cherroy & lklatmy
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