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2014-10-03 19:50 | Report Abuse
We all get wounded and injured every now and again. And we all lick our own wounds when we hv to. That is the real investing world for you.
2014-10-03 19:42 | Report Abuse
Posted by musangfoxking > Oct 3, 2014 07:12 PM | Report Abuse
wow, if he sells at 10 sen, how much does he make???
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Yet again, you inadvertently expose and reveal the sheer depth of your utter naivety and ignorance about serious, adult, real-world investing.
When one plays low price penny stocks, one plays in big volume. 500 - 5,000 big lots is no big deal. Let's just say one plays 1,000 big lots. That is 1 million units of shares. If one gets 1 sen profit per unit, how much does one make with 1,000 big lots, i.e. 1 million units?
1 million sen, i.e. RM10k, if your constantly twirling head is struggling with the maths. Yup, RM10,000 per sen of upward movement.
On Friday 13 July I bought 1,010 big lots of Suma WB at 27.5 sen, even after having already sold it at 24 for 3 sen profit from 21 sen, because it looked like it was swiftly surging up. On the Monday of 16 July it hit 37.5 sen.
That's right. 10 sen profit per unit. So, RM101,000 for 1,010 big lots, or 1,010,000 units. Just over 1 trading day, from Friday to the following Monday.
I know. It would be mind boggling for your little kiddy heads, to just be thinking about it.
2014-10-03 19:09 | Report Abuse
For start, I don't frekkin believe in any frekkin premonition, so none of your crap talk about it would faze me. Any vid I put on the board is just for pure chill and entertainment.
Secondly, I hv already proven that I made 350k in 10 months from 200k capital, so I just don't hv anything to be sad about.
Or miserable about, like the three of you, with nothing to do and not enough money to seriously invest with. It's not that any of your opinion matters at all, anyway.
The difference between you kids and us serious, mature, adult investors is much like between little girls playing cooks in their little play hut and adult women doing real cooking in the kitchen.
There ya go.
2014-10-03 17:54 | Report Abuse
Ini macam boleh naik more than US$120 by 2018, la, Ring. So profit projection of RM1 bil for 2018 can achieve la, no sweat la hor.
2014-10-03 17:51 | Report Abuse
I think someone is in danger of getting a red flag now. LOL
2014-10-03 17:28 | Report Abuse
Eh, betul la tu. Ai, PC gua ni pun dah meragam pulak.
2014-10-03 17:27 | Report Abuse
Whoops, tersilap post kat frum yg salah pulak.
2014-10-03 17:26 | Report Abuse
Whoops, tersilap post kat frum yg salah pulak.
2014-10-03 17:25 | Report Abuse
Posted by DreamConqueror > Oct 3, 2014 05:25 PM | Report Abuse X
Ai, klu betul-betul cancel RI ada chance balik la gua nak merasa jadi Mr. M dalam tempoh lima enam bulan ke depan ni.
2014-10-03 17:25 | Report Abuse
Ai, klu betul-betul cancel RI ada chance balik la gua nak merasa jadi Mr. M dalam tempoh lima enam bulan ke depan ni.
2014-10-03 17:19 | Report Abuse
Eh, itu perkara biasa aja, Rashid. Naik turun dia la yg buat dia menarik tu. Bila dia turun banyak beli, bila dia naik banyak jual.
Cuma masalahnya nak meneka dengan tepat setakat mana dia naik, setakat mana dia turun.
2014-10-03 16:49 | Report Abuse
Gua nyanyi 'Widuri' by Broery Marantika kat office function pun, habis satu ofis tergamam. The ladies among them nearly all swooned at my feet.
2014-10-03 16:42 | Report Abuse
If RI tak jadi, and then declared publicly, then it would be fantastic. Suma price will quickly fly back up to 75, no sweat.
2014-10-03 16:40 | Report Abuse
Go talk to your remisier in person, CassYee. That would be the best thing to do.
2014-10-03 16:39 | Report Abuse
Let alone my singing of M. Nasir's 'Mustika'. I tell you, my voice is even stronger, deeper and more macho than his.
2014-10-03 16:37 | Report Abuse
HangMusang, you have not heard my rendition of Bryan Adam's '(Everything I Do) I Do It For You'.
You'd be in enthralled rapture when you do.
2014-10-03 16:33 | Report Abuse
Hang Tuah & Hang Musang, that Kelly Clarkson came out like 6 years ago. It will continue to play on air for the next 25 years, or maybe 50 years, becoz it has a nice catchy tune.
It has NOTHING to do, absolutely nothing, with any frekkin premonition about any frekkin Malaysian stock, or the Malaysian Bursa, or Wall Street.
2014-10-03 16:25 | Report Abuse
RI price cannot be higher than market price, becoz if like that then no point in buying RI. Becoz when the counter opens again for trading, after closing for like 2 weeks, the Rights shares become tradeable just like ordinary existing shares. They just become the same thing.
2014-10-03 16:22 | Report Abuse
Something like that, CassYee. But you need to hv 2 existing shares to qualify for 1 Rights share, if the present proposal is maintained. So, if you don't hv any yet right now, it's probably better for you to wait until near the deadline to buy.
Go talk to your remisier to get the precise calculations. He will be able to explain to you better in detail.
2014-10-03 16:17 | Report Abuse
For the previous RI, the 'controlled' or 'managed' price at near deadline closing was about 50. But I did not buy anymore at that price. Saved the rest of my money to pay for the 450 big lots of Rights.
2014-10-03 16:13 | Report Abuse
No wonder you always talk so much crap. Dude, the right term is 'coconut juice'. 'Coconut water' is just simplified English.
The stuff that one uses for cooking with, i.e. the 'santan', is the 'coconut milk'.
2014-10-03 16:07 | Report Abuse
Tell you my example from previous RI, CassYee. I was holding 100 big lots at average 73. Then RI offer came at 17.5, with 10 existing shares qualifying for 41 Rights shares.
So I qualified for 410 big lots of Rights shares and got the 410 forms. Then I also applied for 40 big lots of Excess Rights, also at 17.5 sen per share.
So, with total of 450 big lots of Rights shares, I also received like 133 free WB warrants.
When the Rights and Warrants came on stream, the shares first traded at about 24.5, while my average cost came down to 28. Whie the free WB Warrants first traded at around 14.5 on the first day, IIRC.
It was quite a head crack deciding to accept or not to accept the RI at the time, but for fortunately I made the right decision to accept.
2014-10-03 15:48 | Report Abuse
It's just simple arithmetic, CassYee. Basically, becoz the company wants to draw money from the market (i.e. dudes like you, me, Tan, Din and Hari), they hv to offer an incentive, in the form of a small profit, like around 20%, to potential RI acceptors.
So, what they do is control the price at near offer-deadline time at a certain level, which would give you about say 20% profit if you buy at that price and then accept the RI offer. This price would depend on how many existing shares qualifies one for how many Rights. Like for this proposed one, 2 existing shares qualifies you for 1 rights share.
An additional incentive is the free warrants. I'm not sure if this part goes into the calculations or not, becoz it's considered like free pocket money.
2014-10-03 15:33 | Report Abuse
Posted by hangtuah > Oct 3, 2014 03:06 PM | Report Abuse
@fam jenny
drink coconut water to cool down...the day is quite warm!!!
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Where got coconut juice make cool. It makes you warm. Just observe carefully da next time you drink a glass or two, without adding ice.
Cincau drink and ubi mengkuang (water chestnut) juice is what makes one cool.
2014-10-03 15:26 | Report Abuse
Well, if the market price continues to hover around 40, there would not be much sense in proceeding with the original proposed RI price of 40, because there would be hardly any benefit for a potential RI-acceptor to go through with the RI exercise.
So, the choice for the company is to either: (1) maintain the RI price at 40 and push up the market price of existing shares to around the 58 - 60 level; or (2) control the market price of existing shares at around 40 and push down (i.e. revise down) the RI price to perhaps around the 27 level. This is assuming the current proposed ratio of 1 Rights share for every 2 existing shares.
This is just based on my personal approximate calculation.
2014-10-03 15:07 | Report Abuse
Nooraini, klu minat novel epik klasik, gua ada satu draf, well, 3 in 1. Ancient warrior adventure punya style. Klu nak try gua punya hasil karya boleh juga. Takat in, AyamTua, Focuz & Connie yg baru ada tengok.
2014-10-03 15:04 | Report Abuse
Really? A lot more? Heh heh heh.
The nearest challenger to me in our gym on leg extension now is a 20-something dude. And he only struggled to hit 1 set of 240 kg for a mere 8 reps, for the first time in his life, last Saturday. And I duly showed him who's da boss, doing 240 kg for 1 set of 20 reps, then 260 kg for 2 sets of 16 reps.
Whoa, jangan main wor.
2014-10-03 14:44 | Report Abuse
260 kg now, my max on leg extension, LooiKS. Guess I've left you struggling even further behind.
2014-10-03 14:13 | Report Abuse
You are right about one thing, HT. That I am a great nujum. I've already proven myself right with Sumatec, going in early when so many others were still dead wary of and scaredy catty about it. Making myself 350k paper profit in 10 months from just 200k capital.
And now I'm predicting a similar kind of boom for Glotec. You just wait and see.
The song is just a song for entertainment. I just flow with the music, the beats and the melodies. I did not write the lyrics. The composer did.
2014-10-03 14:04 | Report Abuse
Posted by hangtuah > Oct 3, 2014 01:58 PM | Report Abuse
already gone!!!! ...aiyo...so many to holland???
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It's just a piece of casual, laid back entertainment for us mature adults, kid. You're reading too much into it, and making extremely heavy weather of it.
2014-10-03 13:56 | Report Abuse
Now that is a very sweet song, and the singer herself is definitely 100 times prettier than ASyamCantik, at least.
2014-10-03 13:54 | Report Abuse
Now we know hv good reason to believe that SilverBull is a bull who is not really a bull, if ya get my drift.
2014-10-03 13:49 | Report Abuse
FamJenny is much prettier than AyamCantik, while DreamConqueror is many times stronger, more virile, wealthier and more handsome than HangTuah and SilverBull combined. Now, what else is there to say?
2014-10-03 13:01 | Report Abuse
Puts on his contact lenses, wipes his eyelids and peers around.
Nope. No ton of bricks.
2014-10-03 12:57 | Report Abuse
If hv money, cud keep collecting gradually. Then can make some pocket money come next upswing.
2014-10-03 12:52 | Report Abuse
Or Chief Exploration Officer also can. For going to explore all the clubs, the karaokes, the spas and such like.
2014-10-03 12:49 | Report Abuse
Chief Entertainment Officer ma, baru ada standard sikit dia punya ma.
2014-10-03 12:38 | Report Abuse
Just keep spraying the pests regularly with some pesticide, FamJenny. That should do the trick.
2014-10-03 12:36 | Report Abuse
What one is more concerned about is the seemingly endless depths of their pessimism and scepticism. It must be an immensely miserable life, living in this real world, for them.
2014-10-03 12:17 | Report Abuse
I like Fridays. It's like, 'Thank God, it's Friday'.
Hey, I've been meaning to pay a visit to that TGIF joint in Menara Hap Seng some time. Know what, on my last visit to that building for lunch with some friends some time back, I noticed a cute Arabic looking young lady working as a waitress or something in that TGIF. Wonder if she's still there.
2014-10-03 12:12 | Report Abuse
If red little bit today also biasa la, like dat one. Long weekend ma.
Stock: [GLOTEC]: GLOBALTEC FORMATION BERHAD
2014-10-03 19:58 | Report Abuse
HangMusang, my 1,010 big lots of Suma WB was worth RM565,600 in mid August when price hit 56. Today it's worth only RM303,000 at 30 sen. But I just take it in my stride.
I can't let myself be fazed by wild short term fluctuations in market valuations. I just hv my own valuation for what I'm holding, and I just stick to my own guns. and continue to ignore stupid, crappy noises made by naive, ignorant kids like you and the likes of you.