I called The Intermark-Put me to voice mail.I called Michael as per Bernama news release-Also voice mail.Hmmmm...2.39pm tomorrow..D day.Another 18 hrs to go...What to do...... ?!

Not so good news.Refer Bursa latest announcement.Patimas claimed they are not aware of the latest development as reported in the media.

As expected.Trap!!

No harm to park the followings under your watch list.
Pesona,Favco,Inari new warrant(0166 Wa) only on sales tomorrow..

Awaiting shareholders vote of approval AGM on 13/Jun 11.30am.For futher announcement,have to wait for press release after the meeting.

mcbaomc,I thought we r suppose to meet at Imperial Hotel,Miri for Dayang AGM?Haaa.Now short of your vote to approve co share buy-back..U make $$ from Malton this morning?Me bought mother yesterday,cash out this morning.Buy back again afternoon.

Try not to force sell.U will be rewarded in near term.

Make 3 round profit from earlier bull run.Almost lock in @.075but pull back when this song was payed on the radio."Let it be....let beeee."

Sabar,Nowadays weather is very hot.Keep Dayang in the fridge to maintain its freshness.Take it out when the price is right.Meanwhile make $$ first from other counters.Don't miss this bull run.Very rare and hard to come by.

NIKKEI ROSE 3.3%!

Rosmah,Me a computer idiot.Learn by trail and error.Your way is a better suggestion n faster too.Tq

I suggest u click to berid blog to enlarge it..Press n hold control button and tap + until u have the desired size.

fishbone.U r right to say that no any anyone can have a total control of the market.I need to clarify that what I meant was I have the feel and the heartbeat on what is going on in the market as compared to the beginning stage,I was at total lost deep in the virgin jungle wondering what to next and how to do it.
Many thanks guys for all the valuable input.I am learning new things everyday and the learning process shall continue as long as it take without ending.

I lost almost all my 1st batch of seed money of 50k in less than 5 mths when I venture into this business immediately after my retirement in June last year.I have zero knowledge about share trading.Most of the losses are due to
1)Buying speculative stocks.
2)Emotion.Buy at the highest price and sell at the lowest price.
3)Hug on to stocks which are sinking and drowned with the stock.
4)No idea what is "cut loss" mean.At times I hold on hoping to break even with bank charges included!Penny wise pound foolish.
5)No research/homework.
6)I fall in love with stocks which gave me miserable profit,an act of self consolation to make me feel a bit better that at least I make some and didn't lost all.

Finally in April this year,I said to myself:'Stop all these nonsense'.
I begin to start learning vigorously,combing everywhere for data,financial info(past and latest)media write-up make sure are reliable and 1st hand.I also learned how to pick good stock that are sure winner.I know when is the right time to buy/sell.I go to Bursa website read up ALL the announcements and cross check the last pricing.I click to Star Online,The Edge,Kinibiz for latest headlines and breaking news to ensure I am in total control of the market.
At last,I recovered all my losses + charges end of May and ytd,
I make a small fortune.Now I know how to smile how to laugh aloud.For the very first time,I am more relax and enjoy what I am doing-stock trading.
What is next for me?I try my best to share/contribute/guide to those needy/newbie hoping that these people don't go through the pitfalls that I have gone through:THE HARD,BITTER.URGLY AND PAINFUL journey to stock trading.

Happy Trading.
Cheers.

Comparison bet Yinson and Dayang based on latest quarter results.

Revenue 170m 879m
Profit 4.9m 58.4m
EPS 2.51 10.6
Order booked 2b 4.86b
TP 3.78 6.16
LP 4.76 5.07

Yinson overshot its tp last Fri.Come tomorrow,if Dayang price stay as it is and Yinson up by 30cents,they both are at par.Where are the logics and what does the above data say when u compare the 2 companies?Both are in O & G but different field.Dayang is in Top end maintanence whereas Yinson is in marine support services; production,storage and offloading(PSO) and floating production,storage and offloading (FPSO).

mcbaomc,it depends on which type of trader u are.If u are a high risk trader,this is the moment to accumulate now in return for higher profit.Otherwise,play save and wait for the wave to come.As for me,I have bee accumulating since April.My 40 ft container is full!!May have to source around for a 50 ft container!Haaha.Good luck to all and happy trading.

Sorry.Omission on para 1.Should read as follows;
Dayang recorded a 7.2 mil gain from investment in Perdana.

As at 31/Mar qtrly report,Dayang recorded a 7.2m gain from investment.Additional purchase of Perdana share will be one of the top priorities.The top priority now is to buy Dayang own share.
THe total number of own shares purchased by the Dayang and being parked under treasury shares as at 30/4/13 is only 300,500.The max.allowed to purchase is 55m shares(10% of total issued and paid up capital)The balance that can be purchased is 54,699,500 shares in the open market.The rational for the proposed share buy-back(to be approved by shareholders on 13/Jun AGM)are:
1)Buy-back when the market prices are below its intrinsic value.
2)To enhance value for shareholders(increase in EPS)
3)To distribute as dividends to reward shareholders.

Funding
Max funds to be allocated for share buy-back - RM 115m.
Derived from
a)retained earnings - 7.42m
b)share premium account - 107.8m

So....for your own safety,put on your seat belt and be ready for take off

This counter,don't play contra.Can cari makan to cover your weekend grocery and wet market expense.

Price rose 67 sen within 5 days but it went down by 66 sen within the next 5 days.Can play but be alert and don't be greedy.Co. buy back own share on a regular basis.

Noted.Many thanks Alex.

The AGM is this Thurs,13th June at 11.30am.Imperial Hotel,Jln.Pos,Miri,Sarawak.I love to attend.Alot of questions to ask the top management (dividend policy,outlook for FY 2013 and forecast revenue for next 3 years,how must fund they set aside to buy back own share,etc, but it is held in Miri.

Beside Dayang and Naim,take a closer look at other Sarawak based co;e.g Pmetal,Scable is on the sport light now.Apart from these counters my top pick counters: MAYBANK,MMC,UEMLAND,Redtone.Dont rush in to buy.Do a case study on each counter and make your own decision.My judgement may be wrong.

DJ + 207.50.Once share buy back is approve on 13/Jun AGM,I anticipate the price upswing will be more profound and heading towards RM6 is realistic in in view of half yearly( end June)window dressing.

Yes.If can stay above +200,a good booster;a red bull for a redtone.

DJ now + 198.Looking forward to see Dayang break 5.50 next week.

DJ surging towards +200.Good for KLCI next week.Break RM 3 very soon.

Suggest hold until AGM on 13/Jun.11.30 am.May be follow by briefing the press.My guess is the media would be interested on
Dayang latest update news from the management.

Large international funds will only pay close attention on company with market capitalization of US 1b and above.They managed huge funds size in hundred of billions(US $).US 1b to 5b market cap. company are consider as penny stock to this institution.

Hard to guess.Market volatile.When we expect those solid counters to go up,it went tumbling down and those counters making losses quarter after quarter goes up.

MAS management and staff don't know much about branding,productivity.They do know a lot are pay raise,good bonus etc.They thought we,the taxpayers owe them a living.Shame on them!

DJ + 80.03.KLCI today + 8 will do lah.Happy Friday and Happy Trading.Follow by Happy Hours.

Alex,r u rfering to today announcement?The shares was disposed on the 3rd Jun

Pmetal up.Scable up.Hopefully our "Sayang" is next change.Sarawak rule!ok.

Sarawak on the move again.

Upside + 20 cents to play b4 the next resistance at 2.79.
Good luck.Happy Trading.

Wao lau!!Sarawak tsunami.The white hair rule!

Are u bold enough to buy in now?I bought some for save keeping while waiting for the next wave.

Look no promising at all today.DJ plunged 216.95 (-1.4%).

In Nov last year,I pay 1.40 to earn a 20 cents dividend.Now u have to pay 1.60 to earn the 10 cents dividend.Faber price is stagnant at 1.60 to 1.65 for more than 1 mth.Post GE 13,we have so many counters where many investors profited.I was in love and faithful with Faber earlier.But our relationship is over but we remained as friend.Don't fall in love with your stock!Open yourself to choices.It widen your scope to make money.

Price will move up to the next high level if :
1)High vol foreign/institutional is buying
2)More high value contract is awarded.
3)High dividend payout.
Co.buy back own shares help to support/stable the price
at a certain level.

Refer to today 2 Headlines.Immediate target 2.80.RHB TP 3.31.
Make your own judgement/decision.

5% per ordinary share of RM 0.50 each = 2.5 sen per share.

Think the way the big brother think.Follow what the big brother do.We cant win them.So just follow them.Q buy low and Q sell high.Cover both end.For the price to move up,u must have big vol buyers;foreign and institutional buyers.Co share buy back has its limitation.The company policy on share buy back is to preserve a fair price on the co share.

Declared 5% dividend.

As of now,the big brother is controlling the whole Dayang family.They are on Q EVERYWHERE!They Q to sell high and at the same time on Q to buy low.They love contra players.So.patience and holding power is name of the game.Stick to the rule;follow them-buy low sell high.

The big brother is waiting for Dayang to buy back the shares once shareholders approve on the 13/June AGM.

This 1 lot transaction is term as invisible hand.Right hand to left hand same person.Just to show there are buying activities going on hoping for someone to buy their shares.Those on selling Q over the last few days belong to "big brother" who have bought it earlier at cheaper price when the price was pressed down on purpose.

I think most of the big punters already disposed yesterday T3.

Passed 1st res @ 1.89.Look promising 2molo smooth sailing to 2nd res.@ 2.11 follow by @ 2.24.Let see how strong is the opening at 9 am.