Mr Ooi Teik Bee just emal us that he was conned by the second red chip. So sell tomorrow.

Wait for Mr Ooi Teik Bee's email first on the FA and TA of Huaan before coming to any conclusion.

Why don't ask for INTERPOL to drag this Jho Low rascal back to Malaysia? If US can kill Osama bin Laden, so can Pakatan Harapan.

Sarawak Governor Taib Mahmud And His Family Are Accused Of Money Laundering In Canada

http://says.com/my/news/sarawak-governor-taib-mahmud-and-family-accused-of-money-laundering-to-face-canadian-court

An editorial Saturday by China's ruling Communist Party newspaper, the People's Daily, however, said that "in the face of the U.S.'s fierce offensive of protectionism, China resolutely defends its national interest,'' adding that Beijing "will never trade away its core interests and rejects the U.S.'s demand for an exorbitant price.''

METALS-London aluminium rises sharply as Rusal rally resumes

https://uk.reuters.com/article/global-metals/metals-london-aluminium-rises-sharply-as-rusal-rally-resumes-idUKL3N1S024J?rpc=401&

Dear Bystander123: No comment.

Praying very hard that BN will win big on 8/9 May 2018 GE. If God willing, then our KLCI will shoot up including PMETAL.

Today is T2 of last Thursday surge and tomorrow is T3. All this contra selling must be absorbed first before it can regain its momentum.

19/4/2018 News: Aluminum turns lower, giving up gains on Rusal nationalization rumours.
https://seekingalpha.com/news/3346882-aluminum-turns-lower-giving-gain...

21/4/2018 News: Russian government will not nationalize Rusal, finance minister says.
https://www.reuters.com/article/us-usa-russia-sanctions-rusal-support/sanctions-hit-russian-firms-ask-government-for-1-6-billion-in-liquidity-interfax-idUSKBN1HR2TL

Good! Rumours denied. Let's see how next week.

https://www.msn.com/en-us/money/videos/metal-madness-aluminum-prices-set-to-reach-dollar3000/vi-AAw5xNn

SCARED WHAT. KOON YEW YIN PLUS OOI TEIK BEE ARE RICHER THAN EPF AND AMANAH. THEY WILL BUY MILLIONS OF SHARES EVERYDAY. CAN EASILY BREAK RM10 TODAY AND RM12 END OF THIS MONTH.

WOW! KOON YEW YIN KEEPS ON EATING! KEEP IT UP. FREE MONEY. HIDUP PAKATAN RAKYAT.

One famous sifu spread a hint that Koon Yew Yin will will sapu millions of shares on Monday. Koon Yew Yin is a strong supporter of the oppositions (Pakatan Harapan). Don't know whether it is true or not. Maybe it is a trap. Where got frogs jumping all around the street.

I love to see your waterfall blogs. What about JHM?

Trade talks between US and China fails!!!

Good work. Thank you.

Very good sharing. I have been looking forward to see your blog everyday.

Tomorrow after Jerome Powell announces only got another two rate hikes (and not another three hikes), global share markets will rocket up including HengYuan).

I called the registrar today and they said the listing day for the free warrants is within 8 market days from the date of entitlement, which is 27 March 2018. Still in time for the announcement of the completion of the North Sabah oil fields acquisition..

This year is a bad year for all equties. Leave the share market alone. Even the heavily traded HSI (put warrants or call warrants) also cannot help because Hang Seng goes up when you think it will go down and it goes down when you think it will go up.

Today is the last day to buy HIBISCUS. Tomorrow is the ex-date for the free warrants If you were to study BAHVEST free warrants, after ex-date the mother share kept on going down. 1 for 5 is not that attractive. The warrants will be listed on 19 March 2018 (next Monday) with a starting price of RM0.005. I don't think it will hit limit up at RM0.305 on the first day.

Is the following calculation of adjusted price correct or not: 5 × 0.89 + 1(exercise price)/(5 + 1).

Dear my respected Calvin Tan Eng, Dow Jones crashed 1175 points. What will you do? To cut loss or to hold or to average down.

Hopefully miracle will happen. It is just one day affair drop. Just like Brexit, only took half a day to rebound.

Dear my respected sifu Calvin Tan Eng, one day it may drop only 666 points. and if it were continue to trade lower and lower daily, don't everyone feeling panic. And February is the quarter report announcing month for most companies and any results which are below consensus will make the situation worse.

Can any old timers remember there were three 'office space rental' stocks which were the last to rally just before Daim Zainuddin press statements and Bank Negara intervention caused the 1993 FBMKLCI super bull rally come to an end.

In my opinion from past experience, when the laggards start to wake up and do catching up, it is the end of the bull run. Our own KLCI is the most laggard share market in the whole world and now it is now moving. This may indicate the end of the global bull run.

This is a conman counter. I lose a lot in April 2016 by sending PA for conversion. Don't touch this counter.

1 for 4 bonus issues, don't know how will the market react. VS plunge after making the same announcement. Anyway I will start to buy after the long holiday next week is over.

Agree. Now no clear direction. Looks like toppish but there is no clear crisis to sell down. Better stay sideline. I do not think Bank Negara will raise interest rate today.

US Imposes “America First” Tariffs on Solar Panels & Washing Machines. China and South Korea say they will retaliate. A trade war between US and the world is looming. Next will be tariffs on steel and aluminium.

HengYuan suddenly goes down in the second session and drag the whole market down.

That one 20% drop in crack spread bluff one. It actually dropped by only 9%.

Every time before the release of quarter results, there will will a short rally from around 62 sen to 72 sen but this time (next month 1st quarter result), I am not too optimistic due to the extremely strong ringgit. So, I dare not bet this round.

Definition of arbitrage (as predicted by LEXTCS): The nearly simultaneous purchase and sale of securities due to exercise of 28,063,167 warrants in order to profit from price discrepancies. This causes the crash in DGB.

Yes Dericlock, I also notice the same thing. When FF net buy, Local Funds net sell and vice versa.

Brent Oil 68.20 +0.42 +0.62%

Crude Oil 62.22 +0.49 +0.79%

Is Aemulus an export oriented counter? Why keep on dropping everyday? Is it due to the strength of the Ringgit?

One respected sifu set a TP of RM17.50 and once reached he sold ALL already yesterday (28/12/2017) before 12.30 pm. Probably another sifu disagreed and come out with this blog http://klse.i3investor.com/blogs/koonyewyinblog/142628.jsp during the afternoon trading session yesterday (28/12/2017). And so happen today (29/12/2017), it crashed during the second session. So 'chun' the first sifu.

Just wait until 10 January 2018, then you will know that ECON after ex-price will be very much lower than RM1.26. Before ex-date, of course, traders will keep the price stable but after the ex-date, no more incentive to hold the mother share (including its bonus issues) and thus, its price will keep on going down. Remember now each sen drop will have bigger impact compared to its cum price because the number or shares is now 5/2 times more.

Where got lost woh! I bought at cum price RM3.07 and today I sold all at RM1.23. At this moment, no gain, no loss. But my coming free warrants will help me to earn a lot of net profit.

@Explorer2: There are two reasons why I sold the mother shares held and bonus issues right on the first day:
(1) If we were to look at VIS after all ex-date trading, the mother share kept on going down while waiting for the listing of its free warrants,
(2) I want to raise cash to trade in the coming free warrants as it will be very active and volatile in the first 4 days of its listing (can be seen in VIS-WB). I believe ECON-WA will hit limit up of RM0.305 on the first day of trading. If I am lucky enough, I could buy some at RM0.305 even though the chance is quite low. I can't predict the second day whether or not it will hit the second limit-up at RM0.605.

Sold all my shares held by keying in myself. My bonus shares also all sold through my remisier. Now waiting for my free warrants. Should be around 10 January 2017. An announcement will be made before that.

Waiting for RM15.50 (my TP). Once reach, I will sell all. Anyway, only 5,000 shares. No impact at all.

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1020646

@ zoomsbooms: Please refer to the above announcement.

@ zoomsbooms: Our remisier (Hong Leong Investment Bank) can do that but we can't do it using our own HLEBROKING system. I will sell all my shares held first by keying in myself. After that, I will call my remisier to sell the expected number of bonus shares. Their computer system can sell even though the shares are not available yet. But after T + 3, it will balance by itself.

@ zoomsbooms: RM1.25 is the exercise price of the free warrants. Even though it is free but actually it has to be taken into consideration when calculating the adjusted all ex-price.

If we were to refer to VIS trading after ex-date, it is better for us to sell all our mother shares held and bonus shares through our remisier right on the starting of next Tuesday trading while waiting for our free warrants. I believe the free warrants will hit limit up on the first trading day.

Assuming an investor has 2 ECONBHD shares. After the split, he/she has 4 ECONBHD shares and with this 4 splitted shares, he/she is entitled for 1 bonus share and 1 free warrant.
Hence, the all ex-price = (2 X 3.17 + 1 X 1.25)/(4 + 1 + 1) = RM1.265 (rounded off to RM1.27).
And the ECONBHD-WA temporary price = RM1.27 - RM1.25 = RM0.02.