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 Stock market V22, Small Fishes Gathering

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kb2005
post Apr 1 2009, 09:49 PM

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QUOTE(David83 @ Apr 1 2009, 09:42 PM)
DJIA starts the 2nd quarter with RED: 7,517.64 -91.28 -1.20%
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Not a good start for 2nd quarter.
kb2005
post Apr 1 2009, 09:58 PM

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QUOTE(David83 @ Apr 1 2009, 09:56 PM)
Maybe kb2005 prefer intraday strategy. whistling.gif
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Intraday ? I tried before but the profit still can't cover my brokerage fee unless you buy 100lots! tongue.gif
kb2005
post Apr 1 2009, 10:15 PM

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QUOTE(kmarc @ Apr 1 2009, 10:13 PM)
The price is high for me, don't want to take the risk..... gonna stay at the sidelines for this.

Anyway, made a modest 26% profit on UCHITEC..... I think I will probably unload these one or two days as "doomsday" MIGHT be coming.... gonna see how it goes....
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UCHITEC ? How much you bought it ?
kb2005
post Apr 1 2009, 10:37 PM

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QUOTE(Soulsareworthless @ Apr 1 2009, 10:20 PM)
Doomsday as in day N become P.M.?  laugh.gif
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It can be the other way, right ? biggrin.gif
kb2005
post Apr 1 2009, 10:41 PM

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QUOTE(Soulsareworthless @ Apr 1 2009, 10:38 PM)
Malaysia external trade data out on Friday, GM might go bankrupt in less than two months, we'll see.  smile.gif
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It won't if US government decide to pump in more money.
kb2005
post Apr 1 2009, 11:10 PM

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QUOTE(Soulsareworthless @ Apr 1 2009, 10:49 PM)
Obama's administration won't unless GM comes up with a better restructuring plan, GM might just be allowed to fail so that it's loss making brands and divisions can file for bankruptcy protection while the more profitable assets are restructured into a new company.
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The CEO already step down, that is the first move. Restructuring plan will come later and there is no reason to reject it. If GM fall, then the world economy will be affected as well.
kb2005
post Apr 2 2009, 06:53 AM

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QUOTE(David83 @ Apr 2 2009, 04:19 AM)
DJIA closed higher: 7,761.60 +152.68 +2.01%
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So KLSE will rally today. biggrin.gif
kb2005
post Apr 2 2009, 03:49 PM

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Hi guys,

Should i sell Genting now ? My avg is 3.76. Now already 3.98.
kb2005
post Apr 2 2009, 03:55 PM

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QUOTE(SKY 1809 @ Apr 2 2009, 03:53 PM)
Asking for permission to sell ?

You are the decision maker !
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My share of course i decide lah. I just ask opinion only. biggrin.gif
kb2005
post Apr 2 2009, 03:57 PM

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QUOTE(mo_meng @ Apr 2 2009, 03:55 PM)
zelan lcl chiong
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Ya, saw that too. Today everything also up. Sentiment is very strong maybe because of Najib. biggrin.gif
kb2005
post Apr 2 2009, 04:20 PM

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QUOTE(cherroy @ Apr 2 2009, 04:00 PM)
I can eliminate one option for you.
If sell then you will use the money to buy tomorrow then better don't sell.  tongue.gif

Sorry fellow remisiers, spoil your business.  tongue.gif  biggrin.gif
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If tmr drop more than 30cents, why not ? By the way, i need to have some money for next week TMI purchase.
kb2005
post Apr 2 2009, 04:38 PM

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QUOTE(mo_meng @ Apr 2 2009, 04:33 PM)
this kind of market only song ma
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Song only if you have share with very low price!
kb2005
post Apr 2 2009, 04:44 PM

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QUOTE(harrychoo @ Apr 2 2009, 04:42 PM)
Finger crossed there will be rate cut
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You mean interest rate cut again ?
kb2005
post Apr 2 2009, 06:54 PM

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Finally sold my Genting at 4. Making RM480. biggrin.gif
kb2005
post Apr 2 2009, 07:37 PM

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Anyone planning to buy TMI next week after ex date ? Can share your thought on this ?
kb2005
post Apr 2 2009, 08:06 PM

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What will be TMI share price after ex date (8th Apr 09) ? 1.12 ?
kb2005
post Apr 2 2009, 08:50 PM

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QUOTE(SKY 1809 @ Apr 2 2009, 08:34 PM)
Waw, RM 1.12 could be " second hand " price  under Garage Sale Section biggrin.gif

If you can spot some, let me know. hmm.gif

EX right should be above Rm 1.70.
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Maybe i understand wrongly but can you share with me the calculation ?
kb2005
post Apr 2 2009, 08:54 PM

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QUOTE(ABC2020 @ Apr 2 2009, 08:49 PM)
i think nothing to do with the contract lar.LCL always follow Zelan and WCT
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I noticed that too.
kb2005
post Apr 2 2009, 09:07 PM

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QUOTE(SKY 1809 @ Apr 2 2009, 09:01 PM)
Rough estimate is last day price  before ex + 1.12 /2 =  ( to keep it simple )

Let say it is RM 2.50+ 1.12 /2 = RM 1.81

Actual is based on share dilution 5 for 4 weightage.

I learned more than  10 years ago, rusting.

Correct me if I am wrong.
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Look reasonable. I believe the selling pressure will be very high one day before ex date. So, it can be 2.3 by that time. So, the actual price will be lower one day after ex date. Thanks for sharing.
kb2005
post Apr 2 2009, 09:40 PM

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QUOTE(vexus @ Apr 2 2009, 09:32 PM)
tomorrow is making $$$$ time. gonna dump some stock
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Maybe tmr morning it will start dropping liao! So, you need to be quick!

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