If you use Maybank system, just go to "Market" then announcement. Whatever big event is normally recorded there.
If your broker's system don't have this info, you can go to Bursa M'sia website to see.

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Added on January 21, 2009, 5:17 pmWhen a big fish left a counter, it tends to bring down the counter more than what it value is. So, in short term / long term, the price will back to normal.
The most important thing is my FA shows LCL is worth buying @0.60

This post has been edited by chyaw: Jan 21 2009, 05:17 PM

wow, from 100 to 30.... Is it going to be good?

Hi Adam,

I got a feeling that Kinsteel is being cornered. The sellers are the false Q. Similair pattern to Ramunia at about 31.5sen.

Seldom sell down.

What do you think ?

10Q

This post has been edited by SKY 1809: Jan 21 2009, 05:26 PM

O, ic ... thanks ya

Easier for local boys to support the ( Index ) market.lol

This post has been edited by SKY 1809: Jan 21 2009, 05:20 PM

Some sample for you to see. All have some form of detail if you click each link (in the system)

Wednesday, 21 Jan 2009

5:16PM AFG Employees Provident Fund Board (2,074,000 Shares Transacted)
5:16PM HAIO 1,000 shares purhased into treasury
5:16PM ENGLOTC MURABAHAH MEDIUM TERM NOTES OF RM50.0 MILLION NOMINAL VALUE
5:16PM NAIM 20,000 shares purhased into treasury
5:15PM BOLTON 142,000 shares purhased into treasury
5:14PM WCT Notice to Deal In Securities During The Closed Period
5:14PM QL 7,000 shares purhased into treasury
5:13PM KEN 33,000 shares purhased into treasury
5:13PM FIMACOR 100 shares purhased into treasury
5:13PM OFFERING OF UP TO 80,000,000 CALL WARRANTS
5:12PM METROK Notice of Twenty-Ninth Annual General Meeting
5:11PM ATIS 783,000 shares purhased into treasury
5:11PM SHANG STANDARD CHARTERED HOLDINGS LIMITED (66,500 Shares Acquired)
5:11PM MPHB Chicklet Group Ltd (3,000,000 Shares Disposed)

Maybe, have to watch this carefully. How many days already? Just now there's a similar activity with Ramunia after lunch.

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Added on January 21, 2009, 5:28 pmHahaha, a second takeover attempt of Ramunia in the making?



Hahaha, damn.....so many friends of mine picking up warrants huh...

This post has been edited by AdamG1981: Jan 21 2009, 05:28 PM

2 to 3 days. The price is quite close to the bottom.

I think they are preparing for after CNY push ( at the right time ).

CEO and EPF also buying.

This post has been edited by SKY 1809: Jan 21 2009, 05:29 PM

Hmmmm...okay will take a look.

Since I'm already holding LCL, not going to get ZELAN at the moment as I consider them to be in the same group i.e middle-east exposure.

I don't dare go into financials at the moment. I'm looking at AMMB but not going to acquire any yet.... let it drop further....

Anyway, I'm suppose to be at the sidelines currently but my hands are quite itchy....

I feel a strong rally coming....

Obama is working on a plan to set up a National Bank to buy all toxic assets.

Yup, i have a hunch that he's going to nationalize Citigroup this or next week. And they will backstop all bad debts in the US financial system. TARP is likely to be expanded.

what will happen to common shareholder if the U.S. government nationalize citigroup, will the stockholder be wipe-out or and hence crytalize paper lost?

BNM cut rate

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Common shareholder will be wiped out, US government debt tripled or quadrupled, usd becomes toilet paper. Market will rally....

I see... sorry to clarify further so if a trader buy into citigroup at 2.80 today, and the government nationalize it... means he will lost everything from this counter or the government will buy back the stocks from the common shareholder at market value, hence getting back some money at fair market value or slightly higher?

This post has been edited by smooth9: Jan 21 2009, 06:23 PM

Malaysia cuts key interest rate to 2.5pc
Published: 2009/01/21

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MALAYSIA's central bank cut its benchmark interest rate for a second straight meeting as easing inflation allowed it to focus on sustaining economic growth amid the deepening global recession.

Bank Negara Malaysia lowered its overnight policy rate by three-quarters of a percentage point to 2.5 per cent, it said in a statement in Kuala Lumpur today. The size of the reduction was larger than all predictions in a Bloomberg News survey of 19 economists, where seven expected a quarter-point cut and the rest forecast the rate to be lowered by 50 basis points.

Malaysia’s 2009 growth will probably miss the government’s 3.5 per cent forecast, adding pressure on policy makers to boost spending and cut borrowing costs, the Malaysian Institute of Economic Research predicts. Finance Minister Datuk Seri Najib Tun Razak is planning a second stimulus package to add to a RM7 billion (US$2 billion) plan unveiled in November.

“The pace of deterioration in the global economy is creating the urgency to act more aggressively,” said Suhaimi Ilias, chief economist at Maybank Investment Bank Bhd in Kuala Lumpur. “The rate cut is aimed at ensuring impactful monetary easing together with the economic stimulus measures announced in November, with the likelihood of additional steps coming some time in this quarter.”
Demand for the Southeast Asian nation’s electronics and commodities has slumped, prompting Citigroup Inc to predict a recession this quarter. Falling orders at the Malaysian factories of companies such as Dell Inc and Intel Corp caused exports to decline the most in almost seven years in November.

Slowing Inflation

Inflation fell to a seven-month low of 4.4 per cent in December after the government cut gasoline prices seven times since late August.

Easing prices allowed Malaysia’s central bank, which avoided raising interest rates earlier last year when others were doing so to tame inflation, to join nations around the world in lowering borrowing costs in November. A quarter-point cut on November 24 was the first since 2003 and accompanied a reduction in the amount lenders need to set aside as reserves.

“International economic and financial conditions have deteriorated much more significantly in the recent period,” Bank Negara said today. “The sharper deterioration of the global economy is expected to have a greater impact on the Malaysian economy.”

Malaysia’s 2009 economic growth may slow to an eight-year low of 2.5 per cent should the government fail to effectively implement the November stimulus package, the Business Times reported January 16, citing Sulaiman Mahbob, director-general of the Economic Planning Unit.

Central banks from India to Taiwan have also lowered borrowing costs in recent months to spur growth as the US, Japan and the euro region slipped into recession. - Bloomberg

This post has been edited by SKY 1809: Jan 21 2009, 06:28 PM

To be more specific, there will be a massive dilution, that's why the shareholder gets worthless shares. One good example is AIG.

I see I see, thanks for the information Adam