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Stock market V22, Small Fishes Gathering
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dsugums
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Mar 21 2009, 07:01 AM
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QUOTE(Soulsareworthless @ Mar 21 2009, 02:29 AM) RM1.50?  I just went in @ RM1.91 yesterday. Why would you guys average down now when the price is still sliding? Let the price stabilize first before buying in. It will be better to average up whn the price starts to move upwards. At least you can buy and sell all the way up and make $$$.
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dsugums
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Mar 23 2009, 03:32 PM
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QUOTE(aurora97 @ Mar 23 2009, 03:28 PM) must be all the foreign hantu coming ... okla this one i must admit is a mini-rally, but shud be interesting at closing price whether there will be sell down on continued momentum. Umno election » Click to show Spoiler - click again to hide... « Erection effect wont last long. Looks like UMNO hantu to me. My bet it will go limp next week onwards. The climax will be probably this Thursday. Friday probably will go down hill again.
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dsugums
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Mar 24 2009, 09:35 AM
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Lets wait for the last quarter financial results in 2 months time. All will report massive losses. We can get it cheaper.
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dsugums
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Mar 25 2009, 01:55 PM
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QUOTE(viper88 @ Mar 25 2009, 11:55 AM) Lost money on Zelan, swap to TMI to recover some abit.. Hope TMI wont sink..  Citigroup Inc’s analyst Karen Ang reduced her share-price estimate by 28 per cent to RM3.25, implying an adjusted price of RM2.07 after the rights offer. Ang also cut her earnings estimate for this year and 2010 by 17 per cent.
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dsugums
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Mar 26 2009, 09:52 AM
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Today Najib taking over officially. Expect KLCI to hit the roof before his acceptance. No good ma if KLCI kaput when Najis, oops Najib takes over.
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dsugums
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Mar 26 2009, 10:49 AM
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Bought Sealink at 0.395. Looks like already bottom out. Yesterday volume surged to 14mil to close at 0.39. If today close green, uptrend is possible next few days/weeks.
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dsugums
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Apr 6 2009, 10:57 PM
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KLSE stocks are mostly overbought at the moment. Be prepared to slide down this week. Dow is already showing sliding. Might drop 10-12 pts tomorrow. Just my guess. Time to sell
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dsugums
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Apr 7 2009, 10:37 AM
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According to OSK Investment Bank in a report, investors with high holding cost would be “better off” subscribing for the rights given the relatively low subscription price against existing holding cost and the present depressed valuations offer longer term upside potential.
It would be relatively attractive for new investors of Maybank to consider accumulating the rights at 90 sen or below each as these levels was estimated to price Maybank at 0.94 time price-to-book value, the research added.
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dsugums
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Apr 7 2009, 10:49 AM
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QUOTE(eltaria @ Apr 7 2009, 10:43 AM) 90 + 2.74 3.64 per maybank share. Think the boat passed dee, as there's pretty good support for it now, after the initial panic selling is over. it hit limit down in early trade of 0.995 pretty good gains for those who got it already now. Still early to say. Another 7 more days to go. If Dow kaput next few days, sure can get it at about 90 sen. Just need to be patient.
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dsugums
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Apr 8 2009, 09:15 AM
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QUOTE(yeeeeko @ Apr 8 2009, 09:12 AM) anyone gonna ride axiata today?? The volume is still quite low  Only small fishes transaction at the moment. And the price jumped 7%. Something really fishy here.
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dsugums
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Apr 8 2009, 09:21 AM
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QUOTE(yeeeeko @ Apr 8 2009, 09:17 AM) but at 1.9+ to hold long term axiata is still a good counter right? Its fair value now is 1.79 after the rights issue. What made the company so attractive now for the price to jump up? Earnings per share is further diluted now. I will wait until the price drop to about 1.50 to buy  Just need to be patient. Last quarter results will be out soon.
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dsugums
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Apr 8 2009, 09:28 AM
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T4 deliveries today when the market when up 20+ points. Just be careful entering the market now. It will probably bleed further. The volume is not good to absorb selling pressure.
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dsugums
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Apr 8 2009, 04:20 PM
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TMCLife hovering at 52 weeks low. Maybe a good candidate to goreng when market picks up again.
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