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 Stock market V22, Small Fishes Gathering

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SKY 1809
post Apr 6 2009, 04:03 PM

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QUOTE(kmarc @ Apr 6 2009, 04:01 PM)
I didn't look at LCL. Just want it to go higher and higher so that I'm not having any paper loss....

Offloaded my goreng WCT.... profit..... RM 50.
- RM 30 to remisier
- RM 20 for KFC value meal for 2 person!  rclxms.gif
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Using a very big hammer just to kill an ant. biggrin.gif


SKY 1809
post Apr 6 2009, 05:03 PM

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Any one of you have info on Pelikan to share ?

Small cap stock, but last Q was losing money.

Used to be big favour of my stock broking firm, now out of favour biggrin.gif

This post has been edited by SKY 1809: Apr 6 2009, 05:05 PM
SKY 1809
post Apr 6 2009, 09:17 PM

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Well, if share price fell heavily and there is a margin call, Sub shareholders may force to sell out some shares and to pay back the banks on margin calls.

The director may take a loan or using his money to buy under his name.

Normally the transactions may appear twice , one under sub shareholder and the other as a director ( dual positions ) . So it looked like double " recording " for the same transaction.

Commonly when a company share is sold down like KNM.

That is why you might find some value after the sold downs.

Correct me if I am wrong.

This post has been edited by SKY 1809: Apr 6 2009, 09:38 PM
SKY 1809
post Apr 6 2009, 10:21 PM

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QUOTE(ABC2020 @ Apr 6 2009, 10:16 PM)
any sifu here can give some comment.


Added on April 6, 2009, 10:19 pmthe transacted of the shares have been trade in open market or not?
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It is good for you to verify all facts.

By the way, we do not get any sen commission here.

The moderator can confirm. biggrin.gif

This post has been edited by SKY 1809: Apr 6 2009, 10:21 PM
SKY 1809
post Apr 7 2009, 08:49 AM

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Did not know the chart is adjustable to human's sentiment.

The last one I saw , April's month was down trend amd March was uptrend, now uptrend, maybe adjust to Najib's factor.

My stock broker used to predict the opposite of actual market. Whenever he says market could correct, it goes up.

Anyway, it is interesting to learn new thing with an open mind. biggrin.gif

This post has been edited by SKY 1809: Apr 7 2009, 08:53 AM
SKY 1809
post Apr 7 2009, 09:24 AM

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QUOTE(aurora97 @ Apr 7 2009, 09:22 AM)
Maybank -OR = Maybank Original Recipe...

11 herbs and spices...

Goreng time!
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Beware of food poisoning -- 7 days lifespan. biggrin.gif
SKY 1809
post Apr 7 2009, 11:56 AM

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QUOTE(simplesmile @ Apr 7 2009, 11:53 AM)
I took the plunge and dump all my money into LCL @ 0.55
Bought 35100 shares. Close eye until KLCI reach 1,800 points.
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Closing one eye still can see. 55sen good buy ?

LCL is hot favourite of Mo Meng biggrin.gif

SKY 1809
post Apr 7 2009, 12:08 PM

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QUOTE(simplesmile @ Apr 7 2009, 12:05 PM)
Yes, all in.
I target this counter cos I think this is one counter the Foreign Funds will goreng.
When they come in 4 years later, this counter could easily double or triple.
Keeping my fingers crossed.
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4 years time ???

If LCL goes up 10sen in 4 days time.

All major decision would change biggrin.gif

Correct me if I am wrong.
SKY 1809
post Apr 7 2009, 12:17 PM

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QUOTE(simplesmile @ Apr 7 2009, 12:16 PM)
Hahahahaha.
Thats the problem with "trader's mentality".
Is difficult to switch to "investor's mentality."
Ya.. maybe 4 days later a new opportunity will present itself.
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Anyway, I wish you best of luck.

Nothing personal, do not take it to heart. notworthy.gif

SKY 1809
post Apr 7 2009, 01:24 PM

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World Bank says China economy is doing pretty ok.

Funds could be coming to this region, maybe centre of gravity.

This post has been edited by SKY 1809: Apr 7 2009, 01:25 PM
SKY 1809
post Apr 7 2009, 01:37 PM

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QUOTE(jasontoh @ Apr 7 2009, 01:28 PM)
Maybe good for China, but for KLSE? We have another news

http://biz.thestar.com.my/news/story.asp?f...28&sec=business


Added on April 7, 2009, 1:32 pm
I have a feeling that this LCL will soon be sidelined and no more goreng. If you look at the charts all the while staying within the current range until 2008-2009.
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Najib would announce some economy structure changes , perhaps after new cabinet line up or so.

SKY 1809
post Apr 7 2009, 01:58 PM

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If we say it is only 2 sen, do not to show proof mah.

Some may want personal guarantees .
SKY 1809
post Apr 7 2009, 02:07 PM

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QUOTE(mo_meng @ Apr 7 2009, 02:02 PM)
i understand and i know the needs of this to make sure oths know when reading ur message but everytime need to mention this is bit troublesome and if you forget to include this ppl will say ur fault why you suggesting this
actually this kind of knowledge should applies to all message in this thread as well we do not need to argue bout that biggrin.gif  but maybe dont hv this functions in this forum  tongue.gif

err just ask my remisier she still say maybe they trade with dunno wat maybank so get lesser .. trade with aseambankers min 28 err
maybe next time i need to go open another acct at another bank liao  mad.gif
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Mo Meng,

Your star is very bright.

Feng Shui ? biggrin.gif
SKY 1809
post Apr 7 2009, 02:14 PM

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Cannot really demand LCL to pay you good div.

Foremost, they have lot of bank loans to take care.

Without the supports from the bankers, the investors would suffer more.

Do not follow AIG's way of demanding.
SKY 1809
post Apr 7 2009, 02:18 PM

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QUOTE(cherroy @ Apr 7 2009, 02:14 PM)
I understand what you mean, but the figure just can play around, but cannot run away from it (the basic of your asset value, revenue) unless the account is really a fake like some Txx company.

Reversing provision must have good reason and getting through or approved by the auditor, can't just simply want then already can.

I don't think any listed company want to report a 'fake' loss, instead mostly will intend to make the report card as good as possible. The potential "fake" profit can happen (bring forward the sales, delay to book in purchase or whatever, you know, accounting is dead, human can play with it, but can't run away the basic of it), but you can find trace of it from its account, cashflow etc.

No matter what, cashflow is something you cannot fake on, you can fake on profit or loss, but you cannot fake the cash unless your company can print up the cash.  biggrin.gif
That's why when look at the account, cashflow is the one must look at, not only P&L.
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You are right. Sell downs and margin calls on major shareholders are serious.

Do not forget the bankers, knocking on your doors.

Right issue would be out of question.


SKY 1809
post Apr 7 2009, 02:55 PM

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Genting is going to be the most favourite goreng stock of the month.
SKY 1809
post Apr 7 2009, 04:12 PM

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Sold my LCL for KFC rm150.

Keeping my Pelikan maybe for RM 1.00.


Added on April 7, 2009, 4:13 pm
QUOTE(aurora97 @ Apr 7 2009, 04:09 PM)
lol, time to re-think those long term 4 yr cultural revolution policy...

cash it in, intra day get cheaper rate lowr fee..
kekeke...
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In 4 years time ,

Maybe BN is a strong opp.

Pakatan is a very weak Govt, PAS wants to be the Big Brother.


This post has been edited by SKY 1809: Apr 7 2009, 04:13 PM
SKY 1809
post Apr 7 2009, 04:21 PM

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QUOTE(mo_meng @ Apr 7 2009, 04:17 PM)
150 can eat many meals of KFC lo yummy


Added on April 7, 2009, 4:17 pmwat price u bought pelikan?
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76sen- 20,000
80sen - 10,000
-----------------

sold 20,000 at 84sen biggrin.gif

This post has been edited by SKY 1809: Apr 7 2009, 04:34 PM
SKY 1809
post Apr 7 2009, 05:01 PM

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QUOTE(lklatmy @ Apr 7 2009, 04:56 PM)
FYI,Axiata ex-rights reference price tomorrow is 1.79.
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Maybe can buy some at this price ?

What is yr opinion ?
SKY 1809
post Apr 7 2009, 05:06 PM

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QUOTE(htt @ Apr 7 2009, 05:04 PM)
Only those who bought big lot but have no enough fund to exercise or don't want to exercise will do that... but if market down it will double down, because people prefer to avoid uncertainty.
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Some local fund managers may not have the extra money to buy biggrin.gif

Or too many right issues coming on the way.

This post has been edited by SKY 1809: Apr 7 2009, 05:07 PM

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