U see liondiv lagi kek sim. sold at 0.3 now.. 2x% up some more..

liondiv at 0.4 .. omg.. if only i held it from .27.. if only..

testing the intraday high now.. lets see if we break it.

broken..



This post has been edited by elhh82: Apr 14 2009, 03:32 PM

just ride the wave while its still alive. Going to employ a trailing stop loss strategy. Sell if a share drop xx% off its high.

http://klse2118.blogspot.com/2009/04/503-p...-chart-and.html

look at the KLSE chart, it is looking quite amazing so far

but the intraday chart is looking very good for a strong close

5:4 ratio means for every 4 axiata shares ur eligible to have 5 axiata OR

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This post has been edited by elhh82: Apr 14 2009, 11:45 PM

yea i think you are right, my mistake earlier. The rights should theoretically trade at a Rm1.12 discount to the market price of the mother share.

looks like everyone misjudged the axiata rights. it didn't get sell down like the maybank-or

when the rights expire, you have to pay RM1.12 for every right you hold. To get the mother share.

Depends, on how the conversion is done. Is it 1 right to 1 mother share, or is it 5 rights to 4 mother share?

if its 1 to 1 then assuming the same price for axiata as now, during conversion. the the rights are cheaper 1.12+0.59 = 1.71 (compared to 1.76)

personally, i don't think axiata is that good a company at all atm. too many variables, high risk.

the 5 to 4 is applied to how many rights you will get, if you are holding Axiata shares before the ex-date on 10 Apr. U get 5 OR for 4 mother.

I think since there is no mention of any conversion ratio. We can assume that, when you are holding the OR, you will be able to buy 1 Axiata share at RM1.12 for each OR you hold.

all the small goreng counter getting huge selling pressure.. wonder wats up

its goreng.. there is no basis for anything..

some big brother manipulating everything behind the scenes.. most of these shares are loss making companies.. nobody has any business "investing" in them in the first place.

i have a feeling they are shaking off the small holders so they can goreng another round.

the beloved CI turning green now.. really hard to read what is happening.

if u enter now, you have to watch it closely and adopt a tight stop loss. don't hold for too long if it start falling.

here come the bears, opening for an intraday trade for the brave?

for those who are observant, you will notice the pattern.. around 10 oclock is always bear territory when the market opens up.

then in the afternoon, it will make new high. Happen quite a few times already.

Will it happen again today?