my patient finally bear fruit. tomorrow and friday very critical. The first quarter report for mulpha very very very bad? selling so heavy, already back to the price of 10 years ago. Really dont understand why they selling at current low price.

This post has been edited by ABC2020: Apr 8 2009, 06:10 PM


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check in.

YoYO

Looks scary le.

I queued buy Lionind at 0.70 and went to work.. Now break time.. chk all matched ady..
Lionind buying vol very big past few days hit 0.75 ... seems like testing its recent high which is at 0.81 Jan 09.
All coz research house gives high rating for Lionind TP 1.61.. Last year Lionind highest was 3.10 on May 2008.

Last few weeks time Lionind drop to around 0.58 - 0.60 was very attractive... i bought some at 0.605 but sold at 0.61 for peanuts profit...

Now plan to accumulate some on price weakness...seems good for short term or long term play.

Anybody know what happen to KLCI today? how come so big selling pressure on the end?

i think bursa fked up their system.

their new system with the last done price was designed to prevent price manipulation at closing but this was exactly what happened.

If you look at the top counters in klci, all of them had trade that were executed during the closing session (last 15 mins) that was lower than the last price before the closing session.

It was a clear manipulation .

I was monitoring TMI where lot of buyers at rm 1.85 at about 4.45pm

Suddenly big lot of 5000 or so appeared to sell at rm 1.81 at 4.47 pm or so. Why need to key in lower when there were still buyers at much higher level ?

I guess Bursa does not really care .

This post has been edited by SKY 1809: Apr 8 2009, 07:16 PM

Reporting in
It is clearly that new implementation doesn't prevent market manipulation
Malaysia BOLEH...kononnya!

Even if the person key in at RM 1.81 the transaction will still be the best buyer price RM1.84 . Most big company like EPF will have to key in lower price in order to match all their order. Sometimes my company do that too when they are buying a few million at a time.

and the best part it, when i tried to sell at their last price, their system screwed up and wouldn't execute my trade.

I was selling a low volume counter, ICAP to be exact.

Last price was 1.44, the higher buyer queued at 1.45 (20 lots), and there was a buyer at 1.44 (40 lots).

I sent an order to sell 35 lots at 1.44. By logic, the system should match me for 20 lots at 1.45 and 15 lots at 1.44. But nothing happened, i couldn't cancel, called my broker and they couldn't do anything coz the bug happened at bursa.

Looks like i found a bug in their system. Hehe

oh, i guess your right... it is bursa problem

Yesterday, I had to key in in 3 times to sell my LCL at 57 sen, when the buyer was at 57.5sen.

First 2 times went missing, the last one was matched at 58sen.

A bit lucky though.

I called up my broker a couple of times to confirm. A broker back up sometimes helps.

Internet trading is not full proof platform.

Just to share.

This post has been edited by SKY 1809: Apr 8 2009, 07:51 PM

i suggest you file a claim against Bursa Malaysia via your stock broker, should give Bursa some headache.

who knows they might pay u?

This post has been edited by aurora97: Apr 8 2009, 08:10 PM

hi anyone, so fast v23 oledi...

Checking in. Hope to continue getting more bargain

Hoho, the gathering of the small fishes end finally.

Ready to ambush at the dip, though still holding RESORT

the dow futures has almost turned positive, now only -15.

european bourses also are trading positive / slightly negative now.

so fast rebound?

ding ding ding, night game begin

repot in now.

Not only TMI counter. Other counters also the same.