I didn't really look at my KLCI shares for the past few days. Reason is I think KLCI will drop somemore. And since I'm not planning to sell my existing shares and not buying any shares, better don't look lar! Currently, looking at STI, my overall portfolio just turn green today. Don't know why all my counters shoot up today even STI is in red...

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

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

But buy at your own risk and timing is important.

For CWs, time is always your enemy. Unless you are sure market and Resort will recover in this 1 year time frame, then go ahead, if not, hope is diminishing as day passed.

Since Resort is low price only, why not directly get the mothershare if really interested in it.
At least you don't worry about the timing of recovery. If market recover after 3 years, those holding mothershare will recoup their losses and gain through it, but for CWs holders, you loss 100% if resort price doesn't reach to its conversion price next year. That's the major difference. Don't mean it is bad or good, judge your own then.

The strange part is normally when a share is about to drop (significantly) the share price will rise before a massive drop literally slam dunk..

When i sold my Maybank at 5.30 it shot up to about 5.6 than puff... 4.8 and the rest is history...

Same goes for TMI, was watching it closely for an entry point ... 3.02 actually was target.. it went up to about 3.2X than 3.0X than pufff... drop all the way doen to 2.XX...

by the way same for resorts...

Personally i think someone already got wind of something was going down... and push the price up in order to sell their existing shares bit by bit ... while retail investors are filing the gap.. someone was pulling the carpet from below ...

and wif one swift nudge everything collapses.

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My thoughts on TM, if my predictions are right TM maybe preparing to head north bound anytime soon...

the price has stagnant at 3.48, 3.5 and 3.52 but than again with prices already this high is it worth the gamble ...
previously the same thing happened to TM when the price stagnant between 3.00-3.08 and hovered around that region.