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 Stock market V17, Aftermath of Oct depression

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wirelessdude
post Nov 17 2008, 10:13 AM

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QUOTE(harrychoo @ Nov 17 2008, 10:00 AM)
this kind of movement dam boring, another boring day
*
Yup, damn boring - neither up nor down.
wirelessdude
post Nov 17 2008, 10:30 AM

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QUOTE(cherroy @ Nov 17 2008, 10:25 AM)
Another boring week.  whistling.gif

We may need to wait until early next year before see some significant move when fund managers start re-shuffle their portfolio and getting some clue from economy indication.
While I suspect there would be some mini year end window dressing activities after a dismal year of market performance.
*
That's what I was thinking - year end window dressing since some of the fund favourites like KNM and Zelan have dropped so much, they'll need to prop up the shares a bit to make their annual reports look good. No?
wirelessdude
post Nov 18 2008, 09:10 AM

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Once again, KLSE is showing resilience ...for whatever weird reasons. Looks like we could possibly turn green later on. Still holding on to Zelan and KNM, and nibbled a bit of Air Asia.
wirelessdude
post Nov 18 2008, 10:20 AM

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QUOTE(a6meister @ Nov 18 2008, 09:22 AM)
let me straight to the point.

so, KNM, what is the ideal price to go in ?
*
Ideally, I would only buy below $0.55.

But what to do - my fingers are itchy. smile.gif


Added on November 18, 2008, 10:23 am
QUOTE(mo_meng @ Nov 18 2008, 10:19 AM)
may i noe who got hold zelan now .. ?
Me. I've got 300 lots.

This post has been edited by wirelessdude: Nov 18 2008, 10:23 AM
wirelessdude
post Nov 18 2008, 12:39 PM

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QUOTE(PBB boleh @ Nov 18 2008, 12:29 PM)
Maybe they wanna hold until peanut dividend ex date (24 nov)  laugh.gif
*
Actually, it's not bad. $0.05 for a $1 stock is 5% - and that's just an interim dividend.
wirelessdude
post Nov 18 2008, 02:53 PM

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QUOTE(verbatim @ Nov 18 2008, 02:45 PM)
What really causing this bloodshed now? Dow Futures down 55, Whole Asian market is red all the way now. Adam, Adam where r u?
*
Yeah, realized that - HSI more than 5% down. Look at Scomi ...so tempting.
wirelessdude
post Nov 18 2008, 02:57 PM

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QUOTE(harrychoo @ Nov 18 2008, 02:55 PM)
SAPCRES?
*
Don't know cos I don't track SAPCRES.
wirelessdude
post Nov 18 2008, 03:12 PM

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Wow! Look at IGB fall.
wirelessdude
post Nov 18 2008, 03:23 PM

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Looks like UEMLAND almost gave up all its gains already.
wirelessdude
post Nov 18 2008, 03:45 PM

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Bought UEMLAND. Fingers and toes crossed! tongue.gif
wirelessdude
post Nov 18 2008, 03:53 PM

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Yeah, that's why fingers, toes, everywhere crossed. Bought Scomi too at $0.40. Looks like I'm taking a big gamble today.
wirelessdude
post Nov 19 2008, 10:21 AM

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QUOTE(mo_meng @ Nov 19 2008, 09:09 AM)
wat happens to zelan .. many major stakeholders dump it? something bad going to happen?


Added on November 19, 2008, 9:10 amhoho wireless bet on UEMLAND seem in uptrend now
*
Sold off already - marginal gain 1.5 sen. Also cut loss for Air Asia at 1 sen loss. Looks like I'll be picking up Zelan and KNM.
wirelessdude
post Nov 19 2008, 11:09 AM

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KNM turning around? Huge buys.
wirelessdude
post Nov 19 2008, 10:42 PM

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As of now, Dow, Nasdaq and S&P 500 all turning positive.

Hmmm... I think I know why Zelan down after looking at the announcements. The CEO (Chan Si Fook) was selling down his stocks through Nobel Gem and today the company announced that he will step down as CEO - he probably new already.
wirelessdude
post Nov 20 2008, 11:43 AM

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WTF is wrong with the people at Maybank?! How do you have schedule maintenance during trading?! Sad... probably still run by kampung folks.
wirelessdude
post Nov 20 2008, 11:50 AM

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It's ok if it was an unexpected technical fault but they wrote the "Scheduled" Maintenance, i.e. it was planned? Anyway, I just called up the local Maybank office to screw them and I encourage other Maybank customers here to do the same.
wirelessdude
post Nov 20 2008, 11:55 AM

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QUOTE(mo_meng @ Nov 20 2008, 11:52 AM)
im not in mal or else will call screw them also .. wat they said regarding this?
*
Just "...oh, I didn't know. I'll inform the IT guys". WTF? if it was a "scheduled" maintenance, wouldn't the IT guys already know?! Luckily I keyed in my orders this morning before market open since I was going to Tesco.
wirelessdude
post Nov 20 2008, 02:13 PM

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Anyone buying Air Asia on the privatization rumour?
wirelessdude
post Nov 20 2008, 03:31 PM

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Went in for more KNM and Zelan.
wirelessdude
post Nov 20 2008, 03:34 PM

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QUOTE(verbatim @ Nov 20 2008, 03:23 PM)
If I am the CEO, I will look for the weak markets now and penetrate those 'hard markets'. I hope CEO of Proton reads this.. He just have to penetrate and sell the cars at dirt cheap prices (proton cars are bl00dy cheap at overseas mart but not in Malaysia).
*
If I was CEO, I would've built the brand using the Lotus angle and Satria or Neo, create a cult-like following like the Mini.

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