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 Stock market V21, Huge Stimulus Age

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Freelancer
post Mar 16 2009, 11:29 AM

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QUOTE(cherroy @ Mar 16 2009, 11:23 AM)
In this kind of market and poor economy situation, selling can from various reason:

1. Margin selling - those can't top up the margin call, need to sell
2. UT redeemption - fund managers need to sell to raise cash for their client, no matter how they view the stock
3. FF outflow - they will sell disregard the situation because need cash back to their parent company.
4. Prospect of the company deteoriate due to severe economy situation
5. Impairment loss potentially to happen again.
6. Others stock in overseas are much more cheaper, fund switching. This is true, especially some other big name cap and well known company is much cheaper than stock here like GE, Intel, Google, Exxon etc while their dividend is much more better as well.

Just my 2 cents.
*
Thanks for the insight b'coz I noticed the sell volume is huge.

Freelancer
post Mar 16 2009, 11:32 AM

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QUOTE(mo_meng @ Mar 16 2009, 11:30 AM)
its extremly huge but buyers q is catching up
*
Including me.. biggrin.gif

Freelancer
post Mar 16 2009, 11:46 AM

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Resorts.. no strong support below 1.850. unsure.gif
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post Mar 16 2009, 12:12 PM

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Whoa.. KNM is considering privatisation. hmm.gif

This post has been edited by Freelancer: Mar 16 2009, 12:14 PM
Freelancer
post Mar 16 2009, 12:16 PM

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QUOTE(kingkong81 @ Mar 16 2009, 12:14 PM)
confirm or not?  blink.gif
*
Just read it here

Freelancer
post Mar 16 2009, 01:09 PM

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QUOTE(cherroy @ Mar 16 2009, 12:59 PM)
Kinda have the same view with you, although we don't know the intention of this news, could be true as well.

It just said investment approach him to suggest the privatisation deal only, not from the CEO's word or intention.

Actually if I want to privatise, I won't tell anyone or tell the media, just let the share price sink, so that my privatisation cost is cheaper.
*
Just wonder how this kind of news will affect KNM's price.. hmm.gif


Added on March 16, 2009, 1:11 pm
Woohoo.. just made almost 20% profit on Petroch-CA today.. biggrin.gif

This post has been edited by Freelancer: Mar 16 2009, 01:12 PM
Freelancer
post Mar 16 2009, 01:31 PM

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QUOTE(mo_meng @ Mar 16 2009, 01:26 PM)
resort so tempting lea haha
knm dont privatize ahh later force me sell my share at lower price
*
For longer term.. Resorts is highly recommended. Unless they also privatise it due to low price.. haha. biggrin.gif

Freelancer
post Mar 16 2009, 02:43 PM

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Resorts very high volume today. More than RM50 mil changed hands.

Looks like its fighting going north.
Freelancer
post Mar 16 2009, 04:15 PM

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Interesting to watch Resorts wrestling its way back up. smile.gif
Freelancer
post Mar 17 2009, 01:09 AM

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Major Asian bourses i.e. Nikkei, HSI, STI were green but we ended up red.

Europe now green and so do the US, hopefully KLSE rally a bit tomorrow.
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post Mar 17 2009, 09:11 AM

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QUOTE(chyaw @ Mar 17 2009, 09:08 AM)
So far, his theory is still correct. KLCI is green now!  rclxms.gif
*
.. and KNM up 2 sen but Resorts still in red down 2 sen so far. hmm.gif


Added on March 17, 2009, 9:18 am
.. and KLSE decided to follow DJIA. Now red already.. haha.. biggrin.gif

This post has been edited by Freelancer: Mar 17 2009, 09:18 AM
Freelancer
post Mar 17 2009, 09:25 AM

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Probable. Noticed the sell queues are quite low in volume as compared to yesterday.
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post Mar 17 2009, 09:40 AM

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KLSE back to green and Resorts in the yellow now.

Made some profit on its child -CI. biggrin.gif
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post Mar 17 2009, 09:44 AM

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QUOTE(Junior83 @ Mar 17 2009, 09:40 AM)
i thought i ady post the warning about KNM huge short term debt in this thread dry.gif, dun touch it for now unless we are clear on how it going to repay the debt
*
I'm not touching KNM anymore. Got burned a few times.

This morning it was up 2 sen but now its already on the way down again.
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post Mar 17 2009, 11:18 AM

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Hmm.. why TMI is a falling knife? hmm.gif
Freelancer
post Mar 17 2009, 11:47 AM

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Volume so thin today. unsure.gif
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post Mar 17 2009, 12:19 PM

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At the moment.. Resorts-CJ at 0.065 is a good buy.

I prefer -CI instead. Buy at 0.025.. sell at 0.030. smile.gif

But buy at your own risk and timing is important.
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post Mar 17 2009, 12:32 PM

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QUOTE(mo_meng @ Mar 17 2009, 12:22 PM)
u holding many shares in this call warrant?
*
Bought 4000 lots ('00) -CI at 0.025 yesterday and sold all at 0.030 today. wink.gif


QUOTE(Neo18 @ Mar 17 2009, 12:25 PM)
yes timing is important..

i foresee mother share price will move up when they release their next quarter report.

I have only 20000 unit= RM1100
*
Luckily just small volume. You can either sell it off or average it down.

Expiry date still a long way though.

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post Mar 17 2009, 02:14 PM

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Looks like Resorts may not end-up green due to huge sell queue at 1.930 after break.

But who knows.. hmm.gif
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post Mar 17 2009, 02:40 PM

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Never buy warrant when it just launched.

Buy warrant when the mother is going up and down a few days quite consistently.

Never hold warrant too long and don't be greedy.

Timing is very important.

And of course.. luck. smile.gif


Added on March 17, 2009, 2:42 pm
Resorts managed to reach green for 5 seconds.. haha.. biggrin.gif

This post has been edited by Freelancer: Mar 17 2009, 02:42 PM

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