Somebody doing funny stuff on Qcapital, close at 1.10, instead of 0.84.

I can see the company is making loss (20+ million) on last quarter alone. Sorry didn't dig more into it, don't know what is its actual loss situation then.
If the loss is from operational business, it is indeed a worry.

Don't take pass history to judge anymore, as situation in near future with recession economy can be difficult for some company.
Dig more into the company account to see more clear picture of it. Don't need to rush in any counter (sai lang), if you aim for long term. You have plenty of chance to enter any stock if long term future turn to be good. If the stock can go triple or even more in few years time, to 2.00 (let say), buying at 0.55 or 0.60 or 0.70, make little difference only. Unless you just aim for short term gain, then different story.
That's my advice.

I don't have access .doc in my office computer, so can't view it. May be anyone can post the screenshot of it to share it.

There is no such thing of fake loss, a loss is a loss, either mark to market, impairment, provision are the actual reflection and mirror what is happening on the asset price currently. Some provision on bad debt, once gone is forever gone. (Customer closed shop, run away etc).
Just those lose from impairment, inventories writedown is not that worrying only.

Future writeback or inventories value appreciating is something no one can guarantee it will happen.

Junior83,
your signature could be oversized, if found to be oversized, it will be nuked by any moderators/staff.

Just a reminder.

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.
That's why when look at the account, cashflow is the one must look at, not only P&L.

Its share tumbles because lot of people want to dispose the right aka -OR which depressing the OR price eventually mothershare price

Reason:

When OR is trading at significant discount to its mothershare price aka got huge gap in mother share price with OR price + 2.74 (right issue price), for those currently owning mothershare, it is best interest for them to dispose the mothershare then take in OR to subscribe the right at 2.74. You make some profit or free up some cash in between by doing so.

It is not bit by bit.

The market suddenly at one time, people don't know why everyone rushing in, sky-rocketing a few counters just in matter of minute. Like 1,2,3 everyone go.

Maybank-OR, you get little cheaper than mothershare, but your have time risk factor aka you won't get the mothershare straight away.

Both are totally different taste.

One is political linked, goreng goreng
One is solid boring counter.

---

Added on April 7, 2009, 4:06 pmsimplesmile,

Want to sell LCL?

---

Added on April 7, 2009, 4:08 pmAnyone heard anything, the market movement somehow being spooked by some news ler.

This post has been edited by cherroy: Apr 7 2009, 04:08 PM

Yalor.
It is your pocket/money that matter only mah.

why fake it?
Fake it, got earn anything from it? none.

I don't see what's the point then.

This is just a place to chit-chat only and sharing.

3-0
2-1

I taught this is tonight CL football result then.

There is a report that said CPO stockpile will continue to drop, bullish for CPO.

Yes, prepare the money if your wish to keep the OR, otherwise next week all money down to the drain.

There is no when, you can send it anytime, just send the subscription and money to the company registrar but must be sure before the date line.

They will settle for you (for those nominee account), seek for their assistance how to proceed.

Aiya DJ has up more than 20% in just less than a month time, some pull back or retracement should be justified.

Economy is not yet recovering, still under diagnosing, not possible for market to go all the way up.

We are not confirmed that economy recovery is on track already, that's the main indicators how well and how far the stock market will go, although there are some improvement can be seen currently. (at least locally from the business activities recently)

But if it is your plan then you are not going or able to enjoy the stock when it triple (as your forecast) if market really recover.

Basically you just mean to some gain until around 0.70 (your target price in short/medium term), as you will tempted to sell when it reaches that level.

No offence.

Can refer and discuss about it in
http://forum.lowyat.net/topic/989232

yes, can start new thread already if wish to. 2500 (max) posts is the guideline for closure of a thread.

Boring day for market, lyn thread also going slow.

Citi if not bail out, tapao liao, that's how serious it is.

Citi won't bankrupt, but market fear it would be nationalised, (like AIG) whereby, your existing shareholding will be diluted severely, even if its profit goes back to its glory day, but with diluted shareholding, the share price might not be back to its old day.

Don't mean it is not good. If turn out to be good you can gain 100% or 200% out of it.

If not mistaken, minimum tradable share in NYSE is 1 share. (tak ada so called lot)

what is toxic? today the fruit is fresh and good, (if economy continue to be poor and house price keep on dropping), then the fruit can turn into toxic next week.

Toxic asset = stupid decision years ago which lend to somebody which they have not affordability to pay back in the first place.

The toxic clearing scheme proposed received poor response until its dateline has to be extended.