I think Stupid Investor refer to Tan Sri Dato Seri (Dr.) Lim Goh Tong.

Want to know can buy, cannot cheap things always no good, good things always not cheap except illegal.
http://www.thestar.com.my/business/business-news/2016/07/19/hubline-to-raise-rnm200mil-through-notes-issue/

I think stock market it's like gambling. That's why some religion against gambling as well as stock market. Think about it if we didn't play stock market, buying magnum and playing at casino from the beginning, we have extra money to buy car or house. (Pay in cash.)

I think base on the statement below if rm 10k @0.010 of price become 0.020 my money become rm 20 k, if rm 10k at 0.2 means if stock price become 0.40 then only my money become Rm 20k. It means chances of earning a lot is very less and there's chances of stock price becoming 0.010 again. Then only left a bit of tiny dust .

stteck arnold, the consolidation has no impact to your money, but share price does. 10k = 1,000,000 @ 0.01, is the same as 50,000 @ 0.2.

20/07/2016 17:34

I bought hubline at 0.010 cause taught it never have a chance of droping. Now I sold all hubline share at 0.005 cause the news came out about the consolidate share price. But somehow it seems like a wrong decision after reading the advise above. I'm very confuse now. If it's a wrong decision please advise. If it's a right decision please advise also. Thanks.

I think stupid investor is right. There's a company X share consolidate 3 times, share still continues dropping. There's a guy invest Rm 3 million in 1997 for that company. After share drop and consolidate 3 times he only have Rm3k worth of share. It's real life story. That guy share his transaction record to me. The money is inherited from his parents. He's only 19 that time.

"In a filing with Bursa Malaysia on Monday, the shipping firm proposed to cancel half a sen from the par value of each 1-sen Hubline share and then to consolidate the 589.85 million shares into 11.80 million shares based on 20 half-a-sen shares into one 10-sen share." My question is if I have invested Rm10k when the share price is 0.010, after the above exercise how much money is still left?

500 millions, why not we sell all share and use 500 millions to buy a hotel ,freehold and make money from it than giving money to hubline with no gurantee of ROI? Just a taught.

Hubline is owing millions of ringgit. Owing money from lender and need to pay for interest. Today news already tell myself more than enough the company status. Their plan is to touch share holder money. Ask yourself can you make back the money they use from share holder? How many years need to wait? 4th generation?

http://www.thestar.com.my/business/business-news/2016/07/19/hubline-to-raise-rnm200mil-through-notes-issue/

To prevent hubline from taking advantage of us just sell it. They won't get $ from us. Unless you planning to do charity.

It's true it's a good advice. Cutting lost I did learn in a seminar. Cut lost and move to the next counter or enjoy the money before it executing the purpose plan. Ask yourself any possible for that share to move up base on the today news? Share buyback from company? I felt relax after selling all my hubline share. If the share back to 0.015 ask your remisier whether you can sell at that price?

I have sold all hubline share I bought at 0.010. I manage to sold at 0.005. I have ask my remisier. He said if the stock at 0.010, it's difficult to get that price. Stupid investor is right from the beginning. In my opinion just sell all while you can sell. Later your stock will become tiny. Only microscope can be seen.