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 Stock market V19, Chit chat in the market

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TScherroy
post Dec 18 2008, 03:22 PM

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QUOTE(panasonic88 @ Dec 18 2008, 03:17 PM)
GENTING keep coming out with new warrants.

GENTING-CM <-- sampai the alphabet M edy... investment houses sure are making big money out of it sweat.gif
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Still can sell at current environment?

Seriously, now actually can consider to use some "small knife to cut big tree" if their exercise price is around 3.70.
TScherroy
post Dec 18 2008, 03:55 PM

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QUOTE(panasonic88 @ Dec 18 2008, 03:41 PM)
nah nah~ you're wrong, conversion price RM4.45.

buy mothershare better la biggrin.gif

CODE
3182CM    GENTING-CM    GENTING BHD  
Profile for Structured Warrants  

Instrument Type : Structured Warrants
Type of Structured Warrants : Call Warrants
Description : NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS
Underlying Stock : GENTING BERHAD
Issuer : OSK INVESTMENT BANK BERHAD
Term Sheet Date : 27/11/2008
Issue Date : 04/12/2008
Issue Size in Unit : 80000000
Listing Date : 09/12/2008
Maturity Date : 03/06/2010
Revised Maturity Date :
Issue/ Ask Price : MYR 0.1200
Exercise/ Strike/ Conversion Price : MYR 4.4500
Exercise/ Conversion Ratio : 10:1
Settlement Type/ Convertible into : Cash

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LOL, dreamful wish.

4.45 + (0.12x10) = 5.65 sweat.gif doh.gif

Aiya, better off buy the mothershare,

Now Genting share only 3.xx less than 4 K to own 1,000 shares nia, why go for 1.20, somemore that need to go beyond 5.65 before can start gaining. Personally view somehow like a rip off already.

TScherroy
post Dec 18 2008, 04:34 PM

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Something not right for Genting, massive volume, but price can't move. hmm.gif
TScherroy
post Dec 18 2008, 04:43 PM

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QUOTE(panasonic88 @ Dec 18 2008, 04:38 PM)
for a seconds, i thought of buying another GENTING.

what's the matter with GENTING hmm.gif
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I wonder that too, thinking of grabbing a few lots of playing initially as no more chance to buy plantation stocks, but after 15 millions shares traded, sellers till pouding up the seller side. sweat.gif

The Q are all real, not fake one, as seen be volume done.
TScherroy
post Dec 18 2008, 04:45 PM

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QUOTE(panasonic88 @ Dec 18 2008, 04:42 PM)
wow GENTING buy transaction: 1597, sell transaction: 70

buyer more than seller, massive volume, why price is not moving!
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It just mean small fish is buying, big fish is Q'ing constantly and let those small fish eating.

There are 1597 of buyers buy with 10 lots 100 lot 500 lots, but 70 sellers come out with 1,000 lots, 2000 lots.

That's why you see price can't move.

That's why I said something not right.
TScherroy
post Dec 18 2008, 05:17 PM

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QUOTE(Junior83 @ Dec 18 2008, 04:58 PM)
880 jo,  rclxms.gif

if tonight got good rumour, then tmr KLCI will cont to north  rclxm9.gif
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880.50 +18.00, total value trade Rm804 million, today 18th

88888 liao laugh.gif
TScherroy
post Dec 18 2008, 08:28 PM

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QUOTE(yang yang @ Dec 18 2008, 05:18 PM)
i am trading using Public Bank, can i see this ?
There are 1597 of buyers buy with 10 lots 100 lot 500 lots, but 70 sellers come out with 1,000 lots, 2000 lots.
Thank you.  notworthy.gif
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Just an illustration, you can see from the Q that number of buyer and number of seller as pointed in arrow. Below is the Genting Q situation.

You can see the buyer Q of 558,400 are come from 110 orders being key in while 722,400 come from 10 orders only.

This post has been edited by cherroy: Dec 18 2008, 08:30 PM


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TScherroy
post Dec 18 2008, 11:24 PM

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QUOTE(panasonic88 @ Dec 18 2008, 09:02 PM)
cherroy, sorry i don't catch it, what does the diagram attached indicate? unsure.gif
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Buyer quantity 558,400, 110 number of order

Seller quantity 722,400, 10 number of order

On average, from here we can see that most sellers are holding the big block/lots one while buyer are consist of small fish mostly.
TScherroy
post Dec 19 2008, 09:32 AM

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QUOTE(kmarc @ Dec 19 2008, 12:34 AM)
Anybody has any opinion on whether SIME's proposal to take over IJN is considered as good news or bad news?  hmm.gif

http://www.thestar.com.my/news/story.asp?f...3355&sec=nation
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Bad but trivia.



TScherroy
post Dec 19 2008, 10:30 AM

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QUOTE(sampoo @ Dec 19 2008, 09:56 AM)
this is bad news actually for Rakyat. they already got medical hospital (still not the first class standard lah by medication and i think pantai hospital is better), but still want the ijn, there greedy, then i must fear now.
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Lately, Sime just like a dustbin, everything also can throw inside one, from Bakun project to now IJN. My opinion only.

Don't get me wrong, it is still a solid company, among the GLCs, it is still one of the best.


TScherroy
post Dec 19 2008, 02:33 PM

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QUOTE(omores @ Dec 19 2008, 01:56 PM)
Hi mo meng, actually I've been waiting since 2007 to invest, so I have my investing capital put in monthly FD. I've only put in 45% of capital set aside purely for investing. I'm still deciding if I should pump all 100% into KLSE, or put aside half of the remaining into funds in China (maybe better to depend on experts to invest on my behalf? What do you think?). Is that back up funds?

That does not include money to survive in case of rainy days - which means I'll still be ok if I have no income whatsoever for 8 months or less incase or emergencies. This I will not use for investing.

p/s Hehe, I don't mind my money incesting among each other. As long as they procreate! Hehehe, pardon the pun.


Added on December 19, 2008, 2:00 pm

I think that's a good strategy, safer approach. But I headache have to check so many stock prices. Do you guys think that 6-8 counters too little? For long term?
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6-8 counters are considered OK and norm already. You want quality not quantity.

Over-diversified will mean more headache, want broad diversification can go for ETF, much simpler choice.
TScherroy
post Dec 19 2008, 05:04 PM

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QUOTE(mo_meng @ Dec 19 2008, 04:49 PM)
wanna ask ru all full time trader as well? no need to work?
*
"Curi tulang" in the office. whistling.gif
TScherroy
post Dec 19 2008, 05:26 PM

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QUOTE(Kamen Rider @ Dec 19 2008, 05:20 PM)
question why see some huge transactions for RESORTS, GENTING, BAT, TANJUNG, etc....recently, but why there are no SEC filing who is buying the major bulks of the shares....

any idea ??? isn't that any of major investor buy into these counters, need to declare e.g. all fund mgrs, EPF, PNB, tabung Haji etc....
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Buying/selling for any investors that holding below 5% of shareholding don't need to declare.

So if EPF is holding below 5% of the counter, even they bought big in term of millions of share, they are not required to declare unless more than 5% which is the threshold to be considered substantial shareholder.

Those transaction although big but not all necessary come from one party only. Also those volume might look big for retailers, in fact some may just a few % of the outstanding share of the company. Just like Genting has 3 billions shares so 5% is 150 millions share, daily transaction how many? mostly in 5-20 millions only.
TScherroy
post Dec 19 2008, 05:44 PM

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We have lot of holiday in between in the coming 2 weeks.

So market also will be in holiday mood as well, low volume market can be expected in the coming week.
TScherroy
post Dec 22 2008, 09:35 AM

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QUOTE(sampoo @ Dec 22 2008, 09:32 AM)
walau leh, i park maybank at 5.250 also difficult to get leh. buying force is beyond my expectation.  rclxm9.gif  brows.gif
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Window dressing coming out, see FKLI is trading at 10+ points premium.

Christmas is coming, so must dressed a bit mah.
TScherroy
post Dec 22 2008, 03:03 PM

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QUOTE(lklatmy @ Dec 22 2008, 02:42 PM)
Give more banana also tak jadi liao biggrin.gif  biggrin.gif  biggrin.gif
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doh.gif laugh.gif

BTS just barely one month old, breakdown already. Last time when want to change the new BTS time, said got redundancy system, won't breakdown blar blar, now also the same. whistling.gif

But I still see order being keyed in, just no transaciton being done. rclxub.gif
TScherroy
post Dec 22 2008, 03:04 PM

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QUOTE(lklatmy @ Dec 22 2008, 03:01 PM)
Pre-opening(TOP) 2.50pm to 3.05pm
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oic, thanks for the update.
TScherroy
post Dec 22 2008, 03:05 PM

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QUOTE(eltaria @ Dec 22 2008, 03:04 PM)
why still pre open now?

Sot jor ar.. Pre open until 5pm?
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LOL,
if like that,pre-open becomes pre-close liao. laugh.gif

Updated, up and running again.

This post has been edited by cherroy: Dec 22 2008, 03:06 PM
TScherroy
post Dec 22 2008, 05:07 PM

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QUOTE(sampoo @ Dec 22 2008, 04:53 PM)
this morning is cny mood, now is no mood lioa.  sweat.gif

very excited game.  rclxms.gif
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Low volume rise = unsustainable rise.

They dress sui sui in the morning for you to syiok watching, but cannot touch, once touched turn ugly liao in the afternoon.
Some sort like to put some make-up kao kao, then after wash the face, then it is not as beautiful as it was with full make-up. Haha. biggrin.gif
TScherroy
post Dec 22 2008, 08:53 PM

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QUOTE(rayloo @ Dec 22 2008, 07:02 PM)
Sorry to hijack here. I already posted in TM thread but no response. I scratch my head until broken also don understand. Try my luck here to catch attention for help... blush.gif

Anyone has idea ?
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It just means TM is issuing dividend for those redeemable preference shares (cash raising exercise previous taken) that it issued before.

Nothing to do with existing ordinary shareholders.

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