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 Stock market V19, Chit chat in the market

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TScherroy
post Dec 23 2008, 05:29 PM

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Make-up face being washed liao. whistling.gif

Had mentioned before when those plantation stocks are up a lot while CPO and oil price was actually dropping. It didn't make sense at all.
TScherroy
post Dec 24 2008, 11:32 AM

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Market is on holiday mood already, volume tiny only.

Merry X'mas smile.gif
TScherroy
post Dec 24 2008, 02:11 PM

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QUOTE(lklatmy @ Dec 24 2008, 02:09 PM)
Haha,BTS problem again.will keep everyone informed.
*
Hang again? HDD problem again? whistling.gif

BTS also go for x'mas holiday. biggrin.gif
TScherroy
post Dec 24 2008, 02:18 PM

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QUOTE(panasonic88 @ Dec 24 2008, 02:14 PM)
woohoo, not again.

she is tired jor. she cant wait for tomolo tongue.gif
*
or she is envy other bourses closed early today, some like HK trade half day only.

or BTS technical support team forgot we got whole day trading instead of half day.

"Apa-apa pun boleh" happens in Bolehland. biggrin.gif
TScherroy
post Dec 24 2008, 03:01 PM

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QUOTE(lklatmy @ Dec 24 2008, 02:29 PM)
Market halted until further notice.yahooooo,better close the mkt,then we can go home liao...
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Everyone can have early off on Christmas eve.

Seems like market won't be opened. Already 3.00 pm

QUOTE(smartly @ Dec 24 2008, 02:38 PM)
wonder why half cook system also dare implementing it...???
pana, u r rite, someone have to take reponsible. see how it progress.
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Half cook? if not mistaken, last time when old system causing whole day cannot trade time, they said already planned and tested new BTS for almost a year. It is cooked until 'hangus' already. Haha. laugh.gif doh.gif

Multi-millions system syiok syiok already hang. sweat.gif

TScherroy
post Dec 24 2008, 03:03 PM

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QUOTE(smartly @ Dec 24 2008, 03:01 PM)
no matter how, i loss confidence of our New BTS. Imagine someone play BIG how it gonna affect his trading ?
can't cancel orders, have to call dealer to make cancellation... sad.gif
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This is still minor in term of cancellation order.

Imagine what if some fund managers need to sell the stock to raise cash in time.
TScherroy
post Dec 24 2008, 03:08 PM

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I saw system up and running again.
TScherroy
post Dec 24 2008, 03:15 PM

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QUOTE(lklatmy @ Dec 24 2008, 03:11 PM)
Why u all missed post #1188 meh?lol
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Some post at the same time mah.

Not post 1189 meh? I can see it is 1189 here.

Thanks for the update.
TScherroy
post Dec 24 2008, 03:30 PM

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QUOTE(lklatmy @ Dec 24 2008, 03:23 PM)
I see 1188,u see 1189,I double checked still 1188 leh,LYN system ada problem liao...lol
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Same like BTS, haha. laugh.gif

TScherroy
post Dec 26 2008, 09:27 AM

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QUOTE(kmarc @ Dec 25 2008, 03:12 PM)
The only one that hasn't increase is KNM.... looks like the bottom? (If oil prices don't fall further).... really tempting to buy more of KNM... (as it is recommended by a few research house....)

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Oil price just hit 35 level. thumbup.gif


It will be sometimes, before oil price will rally again. Until economy showing sign of recovery, people will just adopt wait and see game, we just in the period after big commodities bubble has been burst.
TScherroy
post Dec 26 2008, 11:20 AM

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QUOTE(simplesmile @ Dec 26 2008, 10:46 AM)
Usually when will the fund managers come back into the market? 1st week of Jan? I'm also on leave 2nd Jan. Hope to see some action then.
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Normally there are some action (new buying, asset allocatoin/adjustment) on Jan to Feb period.
TScherroy
post Dec 26 2008, 02:09 PM

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BTS breakdown again, can't see any pre-open activity at all. wink.gif
TScherroy
post Dec 26 2008, 02:45 PM

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May be just my online site problem, not BTS.

Just after 2.00pm, the online portal somehow like dead already, no movement.




TScherroy
post Dec 30 2008, 04:09 PM

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QUOTE(Neo18 @ Dec 30 2008, 03:22 PM)
looks like there is going to be a war. Which counter is most likely to rise if there is way? let's discuss.

I think oil and gas will go up
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You mean the Israel and Palestenian?
It has been like that over several decades. sweat.gif

In business world, none are benefitted from a war time, except weaponary related producing company and some oil related one especially those digging oil from the ground and refinery.

TScherroy
post Dec 30 2008, 05:22 PM

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All top 30 (up to 40) index linked counters are in green zone (except Airasia) sending KLCI up 14 points, not bad as window dressing huh? rolleyes.gif
TScherroy
post Dec 30 2008, 05:28 PM

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QUOTE(yang yang @ Dec 30 2008, 05:13 PM)
blame it on FF  vmad.gif  mad.gif
Everybody oso scared to buy this stock liao...
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Chill up, previous it was the top performer in the market, so up severely, down also severely. See the attach chart of KNM, it is just back to normal range of previous years, in fact still a bit higher compared to 3-4 years ago.

Those highly owned by FF always like that one, get use to it.

Once if FF coming back, you love back those kind of stock already.


Attached thumbnail(s)
Attached Image
TScherroy
post Dec 30 2008, 08:54 PM

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QUOTE(yang yang @ Dec 30 2008, 05:33 PM)
Problem is, dunno when FF going to unload this share, or maybe not?? Any clues FF still got how many shares?  hmm.gif
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They got how many, doesn't matter. It is their intention whether to sell-off their shares totally or not that dictate how the share price movement. By seeing they have how many share left, doesn't mean they will sell either.

FF movement generally responds to their fund requirement/situation ie. redeemption issue, particular stock being downgraded etc.

QUOTE(kinwawa @ Dec 30 2008, 05:38 PM)
wah....KLCI up so much......want to make the year end report card looks better is it? hehehehe......
ok.....almost time to buy some uchi liao tongue.gif
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To be precise, they want to make the report card look not too ugly. Haha. biggrin.gif

All bourses and funds that drop or loss less than 30-40% range in 2008 is considered very good liao. whistling.gif
TScherroy
post Dec 30 2008, 09:03 PM

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QUOTE(alivecmh @ Dec 30 2008, 07:54 PM)
@viper88 - what do you think about SAPCRES-WA? Now only RM0.075. SAPCRES now RM0.765. Is it worth to hold until maturity date ?

Exercise priace  :  0.71
Conversion ratio :  1 to 1
Maturity Date      : 18/02/2009
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It will be suspended prior a week or 2 before the maturity data to accomodate the exercise issue, aka you have approximate one month life left.

So, if Sapcres share price doesn't rise more than 0.84 in one month time, then you will be making a loss. So basically, it only worth to hold if you forsee Sapcres share price can rise more than 0.84 in this one month time, as simple as that.


TScherroy
post Dec 31 2008, 01:09 PM

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QUOTE(htt @ Dec 30 2008, 10:10 PM)
0.765+0.075=0.84.
But not sound right leh tongue.gif
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QUOTE(alivecmh @ Dec 30 2008, 10:41 PM)
I tot is the exercise price + warrant price,  which is 0.71 + 0.075 = rm0.785.  correct me if i'm wrong
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oppss, sorry for the mistake. alivecmh is right.
TScherroy
post Dec 31 2008, 01:29 PM

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QUOTE(kinwawa @ Dec 31 2008, 11:17 AM)
i think most r 'hoping' for a mini-bull at 1Q 2009....n they r anticipating market to drop again after tat.....then only will recover 4Q 2009 like tat then recovery will starts fr there

but.....can belief them meh???? yea...nothing is for certain.....but in KLCI....market usually moves with 'rumours'...

so......sell on strength if dun have the holding power...reduce ur loss or if can get modest gain also enuf la...dun b greedy.....

PS: If any of my counters reach my TP for selling..i will sell first n keep till the next substantial/big drop...n buyback....else will just keep it for the moment.... (only if have the holding power)
lately nt intending to avg down prices .....keep more cash to be safe tongue.gif
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Just telling from experience. Majority of people won't get it right or time the market right. If there are too many people said Q2-3 2009 will be the bottom, then high probably it won't happened. Either bottom already formed (800 points on KLCI, or may be sink further in a different time zone).
Whatever people hope and predict on, generally it won't materialise.

You can look back, back 2007, how many anticipated or predicted 2008 will be a bloody year with loss of more than 30-40% at least? Almost none, all we can see people predict oil price will go to USD150 or USD200, and gold price more than USD 1,000.

Now situation change, people become to predict oil price to hit USD20-30 in 2009. laugh.gif

You look back further, how many predict KLCI will hit 1,500 when it was hovering at 800-900 during 2006? None, mostly predicted 1,100 or 1,300 was magnifcient already.

The reason why most prediction won't be materiliasing is because when everyone is predicting and hope for it. Then everyone is already prepared and moving ahead of it. Just like if fund managers forecast market will sink further in 2009. Then what they do now? Sell now! that's why we see market sink in the last few months.

Why market sink? Because people are selling. If you foresee it (market sink further) will happen on Q2-3 2009, that's mean people wait until that time to sell their stock, kinda illogical, right? It doesn't make sense to have such a prediction in the first place.

Why people sell their stocks that they bought initially at a loss? Because there are some unpredictable event happened that forcing them to sell.

If everyone is bullish about next year market, what they do now? Buy already, market already up and up. Still wait until next year only want to buy?

When most people feel good and bullish about the market future, then who is going to sell those share cheaply to you? None, you can only buy high.

So if you want to buy cheap stock, then majority people need to be bearish about the market, then you can only buy at cheap price.

So if you want to buy cheap stock, then you hope for others are making a opposite move than you.

So don't bother when the market will bottom or not. You buy a stock because the longer term future will be better and provide you good return from the stocks itself through company profit/dividend.

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