benhctan

benhctan | Joined since 2013-04-11

Investing Experience Advanced
Risk Profile Moderate

30 yrs equity,15 yrs index/com futures. Former KLSE Floor Trader(No:12) in the open outcry system during early 1980's. Hit the super bull run in 1993-1994 and retire early,thereafter spending part of my time traveling as a solo backpacker off the beaten path throughout Southeast Asia.

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News & Blogs

2013-05-03 15:14 | Report Abuse

We already have one foreign fund company shorting today,a day after GE 13 results announcement,a very highly volatility swing in the market is sure to happen.

This is not a world market crash,so nothing alarming.
After which the market will stabilise very fast during the week and there will be short covering.

News & Blogs

2013-05-03 14:30 | Report Abuse

On the list,how many are cronies company and name them please.
Which one is money printing machine for the government?
You'll also noticed that most the the CA,CB,CC.CW and what not warrant tangkap only benefit those crony link companie?

News & Blogs

2013-05-03 14:13 | Report Abuse

Ooi Tek Bee:Short selling has been introduced by Bursa since 2009 so Bursa is one of the main culprit that encourages those big proprietory trading house to deceive we small investors and causing bloodshed to we poor man in the street every now and then.

Bursa together with the approval of Bank Negara guidelines are the main traitors of the country.

Short selling of stocks is part of the financial games all over the world including Singapore and Indonesia.

Only thing it has to be regulated from time to time.Only shares with high liquidity are involve.

Without conforming to international norms,Malaysia's financial market is just backward.

This has nothing to do with sabotaging the PR government.

Do you know the present government GLC are the one that sabotage players in the market by manipulating the index?

News & Blogs

2013-05-03 12:51 | Report Abuse

Investor who wishes to participate in RSS must open a designated RSS trading account with your investment bank.
All short selling transactions are to be executed through a RSS Account.

News & Blogs

2013-05-03 09:44 | Report Abuse

Myth 1:Unit trust is "I help you you help me"

Don't query where I invest your money be it in my own company (like this big glamorous fund company with lots of paid winning awards,former CEO now in Adventa Bhd) and also if needed I'll do national service by buying the junk debts of Danarharta Bhd (year 2000 case)

Just wait for me declaring units as dividend and not cash payment as I want to lock you under my control.
My small little annual prospectus will show you I always perform better than KLCI.
Have trust in me and my "Janji is always Capati"

News & Blogs

2013-05-02 22:27 | Report Abuse

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

Stock

2013-05-02 21:30 | Report Abuse

masline:you gave a very motivatioanl quote and a wake up call to fellow investors today.
"avoid breaking the rules of "personal discipline", thereby the chances of trapping by EGO will be eliminated. Eventually, you will be greatly rewarded with "Profit"

This is to say "investors get overly attached to one or two aspects by the news media and become wedded to the ideas, such as the sky is falling mentality."

Prelude to this stock pullback today as I see it;

(28.4.13) 0.02 ct open gap up.(false breakout as mentioned).Closing the day with a spinning top--shooting star

(29.4.13) Unshaven top ending the day with a bearish hammer.Piercing previous day open gap.

Putting the above two days candlestick pair--you have the Bearish Harami,which is highly dangerous which brings us this pullback to the 30 days moving average which is 0.58 cts,cleverly executed by market makers.
Overprice also I presume at this support level.Should be around 0.44-0.51 cts.

Those investors with limited funds can wait for ex ALL date and buy the open market Inari-OR rights form listed between 14/5/13 - 21/5/13.
Short cut tricks.

Stock

2013-05-02 16:16 | Report Abuse

Triple bottom,finding low.No strength for rebound.

Stock

2013-05-02 15:27 | Report Abuse

Inraminit buy,resistance 1 0.61 last 0.64

Stock

2013-05-02 08:54 | Report Abuse

Oversold,now good bargain

Stock

2013-05-02 08:40 | Report Abuse

Gap down,,bear..sell

Stock

2013-05-02 08:36 | Report Abuse

Gap up,,bull..buy

Stock

2013-05-01 22:35 | Report Abuse

Tomorrow opening bell,sell at sight without hesitation.

News & Blogs

2013-05-01 21:39 | Report Abuse

Run..run..run!Gold is crashing again!
Sell In May and Go Away.
Dow is falling,gear up for tomorrow.

General

2013-04-30 16:18 | Report Abuse

Selamat Hari Pekerja kepada seluruh warga Malaysia di sini,
semoga berjaya dlm segala lapangan.

Kita mestilah ubah sikap pelaburan mengikut peredaran zaman.

Stock

2013-04-30 15:20 | Report Abuse

No dividend but gave shareholders bonus and free warrants previously.
Th company save the dividend and pump into treasury shares which will benefit shareholders sooner or later.

Stock

2013-04-30 14:50 | Report Abuse

Mulpha is a billion ringgit club paid up with FYE Dec '12 loss 474.96m.
Intra day range is always 2-3 cts gain if market good to the benefit of stockists churning up for Bursa's daily volume.Iskandar-Riding on the current theme play.

Keep on share buy back but not using funds to diversify business,what for.

Opt for the Mulpha Land which is a sleeping counter which on and off got one night stand.Proposing rights.

Forget about valuation,just follow the trend.

General

2013-04-30 11:26 | Report Abuse

Tone down boys and girls,..i3investor Community Standards Clause.. breached.!

Stock

2013-04-30 10:41 | Report Abuse

Hwang DBS is one of the stockist or known as Proprietary Day Traders.

Meaning they don't have to pay brokerage fees and stamp fees when trading in Bursa securities.

They only pay 0.003% of the value of stocks traded.

Stock

2013-04-30 10:25 | Report Abuse

No,the warrant is a separate instrument.

Should be:(stk in hand:4 X RM700 + 1 rights:RM360) divide 5.
equals 0.63cts.

The underlying warrant conversion will be near the NTA.

If NTA is 0.25 ct,then the warrant might open at 0.63 -0.25= 0.38 which I think ridiculous.

or another scenerio

XRI 0.63 ct -NTA 0.25 = 0.38
which will price warrant open at 0.13 ct.

You cannot blame that you bought high yesterday,as the market was moving at the right track at that moment of time.
Only thing is we do not know their actual agenda.

Stock

2013-04-30 09:54 | Report Abuse

Dia punya bus servis di Cambodia,Sorya Bus Company tak laku.
Macam mano nok gerak.

Stock

2013-04-30 09:50 | Report Abuse

Durian D24 takes three years to bear fruits.

Stock

2013-04-30 09:24 | Report Abuse

29/4/13 MOU merger---Fitters + SEA = NewCompany

New Company take over business of of both merge companies.

Now pending valuation and giving in return shares.

Fitters have tons of Treasury shares and if they are being cancelled,stockholders are going to have a windfall in the adjusted NTA.

Lets see the next developments few days time.

Stock

2013-04-30 09:16 | Report Abuse

Amertron Global HQ is at Clark Special Economic Zone, Pampanga, Philippines and also Paraaque City, Metro Manila.

Major shareholder of Inari--Insas Bhd was known as Paper Products Bhd during the 1980s,a darling of KLSE...very speculative
Insas Bhd own Perak Traders Securities which is now M & A Securities.

Back to the Right issue + 2 free warrants,let say before Rights closing 0.72,then XRI is 0.65cts.

XRI price must further discount in tandem with the listed price of warrant which most investors forget.

If warrant listed at 0.18 cts,then mother should be 0.65 less 0.18.

Pls revert with your arguments,I'm here to learn from new generations of investors.

Stock

2013-04-29 16:24 | Report Abuse

sorry payment of dividend date tomorrow,not ex date.

Stock

2013-04-29 16:10 | Report Abuse

Correct me if wrong.
Giving 0.9 ct/0.10 ct x-div 30/4/13 tomorrow
will rob your dividen back. Now 0.70 ct -div=???
Giving Rights 1:4 so ex RI 0.70=0.63 (rights at RM360) X-RI 9/5/13
Price for free warrant still not counted,end result might not be good.

Stock

2013-04-29 11:04 | Report Abuse

It's month end,traders winding up position.
Will drop further second session.

Stock

2013-04-29 10:50 | Report Abuse

Caution:
Stocks in this new era are mostly 0.10 ct par value,intention for marketability and deceive the ignorant.
If price at at 0.14 ct =RM1.40 (based on RM1/= par value)
if 0.60 ct =RM6.00
if 1.40 like Tuneins =RM14.00

ensure you now the current company valuation,then take the plunge!!!

if you pay pasuk at 0.62 ct on 15/10/12 which is equivalent to RM6.20,mampuslah!

News & Blogs

2013-04-29 10:19 | Report Abuse

Hot Money not FDI parking at PKFZ containers wharf waiting to short the market if BN plays dirty.

Stock

2013-04-29 10:12 | Report Abuse

A closed end fund stock,this price is the net asset value.
Not suitable for intraday or speculative traders.
Good for those who want to lock their capital safely for better yield in the long run.

News & Blogs

2013-04-28 12:53 | Report Abuse

"When buying a used car,always open the bonnet to check whether there's engine inside"

Announcements & Events

2013-04-28 12:21 | Report Abuse

The old board are very responsible and are pioneers of the company who know the business best.

For the financial year ended Aug 31, 2012, the company raked in a net profit of RM3.78 million against a revenue of RM56.07 million. A year ago, the company made a net profit of RM2.7 million on a revenue of RM49.48 million.

Bright Packaging is also debt-free, with a net cash balance of RM19.94 million as at Aug 31, 2012 while net assets per share stood at 62 sen.

The RM24,808,337 loss in question is amount owing by related subsidiary Photon Technologies (M) Sdn Bhd and was allowed impairment into the account.

The company owns two freehold sites with a combined area of 136,998 sq ft within the Subang Hi-Tech Industrial Park with a net book value of RM10.22 million. The company’s headquarters and factories are located here.

Do you know that the former chairman Wong Yet Long provided interest-free advances of RM8.6 million to help Bright Packaging during its tight cash flow in 2004?

Its current assets stood at RM31.2 million with cash and bank balances of RM21.3 million, and total current liabilities of RM13.9 million, which include RM10.8 million owing to related parties.

Even after settling all the current liabilities and the proposed first and final dividend of 8%(TE)RM3.5 million, the company will still be in a net cash position of RM13.8 million, which is surely more than sufficient to fund its operation

It is just shameful for the new board to outright pissed off present stakeholders and investors by not paying dividend for next five years.

The new board are just front runners for political masters to accumulate their war chest for the next election in five years time.

Beware that the new board will claim higher directors salary and allowance.Is this going to be will be well done and keep it up?

The previous board did not implement a share buyback scheme to fend off corporate sharks eyeing on this small RM1.00 paid-up company.
Nowadays RM1.00 paid up companies are going extinct.

Stock

2013-04-27 21:51 | Report Abuse

It's manipulation!!Investors taken for a ride.

Who is this crook Datuk Wira Syed Ali Bin Tan Sri Abbas Alhabshee?
Ketua UMPorno Cawangan Cheras.

He is a member of Dewan Negara (Senate) of Malaysia on 21 April 2003 and his tenure of office has been renewed to April 2009. He is also the Chairman of Yayasan Pendidikan Cheras (YPC), Kuala Lumpur.

He also holds Chairmanships in Composites Technology Research Malaysia Sdn Bhd and Columbia Aircraft Manufacturing Corporation, both companies which are controlled by the Ministry of Finance.

He is also the Chairman of Yayasan Pendidikan Cheras (YPC), Kuala Lumpur.

Hit and Run.....all the Sharks infested companies.

Remember he cooked and fry every investors in Amedia recently and hold Bright speculators and investors at ransom with high price.

His Datuk Wira title same as Malacca CM Ali Rustam so you know whar's all behind these maneuvers.

Another tricks learn from ex finance minister Daim.

News & Blogs

2013-04-26 21:51 | Report Abuse

A bunch of con artists and scammers!!!

Stock

2013-04-26 15:13 | Report Abuse

FKLI index futures roll over contract today,expiring 2 days time.
Expect short covering of index to the highest before election day using the blue chips followed by high volatility.

News & Blogs

2013-04-26 13:02 | Report Abuse

Quotation for Canadian Maple Leaf and Australian Kangaroo Nugget Gold Coins as at mid-day.

Bank Sell(RM) Bank Buy(RM)
1 OZ 4725 4540
1/10 Oz 554 457
1/2 oz 2442 2272
1/4 oz 1273 1138

Current Comex price:USD 1,473.55/troy ounce (05:02:43 ET)

News & Blogs

2013-04-26 09:46 | Report Abuse

Buy Canadian Maple Leaf and Australian Nugget physical gold coin.
You can feel and caress it but not Gold Paper Unit Trust.

Noted here is AmPrecious Metal Fund launched 15 November 2007 at RM1.00/unit when International Gold price USD794/oz

When gold price peak on 15 Sep 2011 @ USD1,921/oz,manager price is at RM1.15 (a mere 0.15 ct gain for gold gain of USD1,127/oz)

When gold price crash to USD1,322/oz on 19 April 2013,the fund dive down to low of RM0.400.(investor loss of 0.60 ct but on paper manager still gain USD528/oz)

Hmm..seems not logical.

Stock

2013-04-25 10:35 | Report Abuse

New Director holds Directorship:
Redtone International Berhad
Asia Media Group Berhad
C.I Holdings Berhad
Tanjung Offshore Berhad
UZMA Berhad

Hold your fire!

Stock

2013-04-25 10:02 | Report Abuse

1H net profit 3.319 million (increased 139.64%),announce after 5pm.
NTA up from 0.62 to 0.98..hefty jump.

Stock

2013-04-24 12:43 | Report Abuse

Do not buy at this level,risk is very high.
Announce capital reduction of RM1/=par value to..???
Those holding at level 0.95 to 1.50,bailout as quick as you can and re engineer your position to other stocks to cover loss position.
If you want to buy into the stock,wait till they have submitted and near x-date then go in.

Stock

2013-04-24 12:18 | Report Abuse

0.6 is now the resistance price.The 5 days pullback is near completion but reluctant to touch the 0.58 level.
Candlestick pair yesterday is the morning star.

Stock

2013-04-24 11:42 | Report Abuse

If Malaysia needs to promote the country's brand,do you need tourism agencies and advertising companies?

If a particular product is to be launched,the wholesalers/distributors are front liners.

Company takeover or merger will never go bankrupt but will result in change of nature of business.

DKSH has customers to date like BOH Tea, KRAFT Cheese, OREO Biscuits, FERRERO Chocolate, MEAD JOHNSON Milk Powder, NIVEA Toiletries, QUAKER Oats, INDOCAFE, JC Products, MAMY POKO Baby Diapers, WYETH S-26 Infant Formula, MARTELL Cognac, SHIELDTOX Insecticides.

In Healthcare. companies like Roche, GlaxoSmithKline, Novartis, BMS, Aventis, Boehringer Ingelheim, Eisai, Organon, Leo, Novo Nordisk, Allergan, just to name a few.

Not in the list are 1 Malaysia product,jungle herbs,tongkat ali etc that might make them bankrupt.

Stock

2013-04-24 11:03 | Report Abuse

Old name is Diethelm Malaysia,a multi national company.Small paid up company RM1/= par value.
Good value for investment.

Stock

2013-04-24 10:22 | Report Abuse

Financial Year 31 March 2012--net loss 16m
1st nine months to 31Dec 2012 only make profit net 174,000 profit
Cannot goreng leh.
If you hold in 2011 till now,the highest is only 0.09 cts.
will goreng if there's margin call from bankers.

News & Blogs

2013-04-23 16:03 | Report Abuse

If you bet on a horse, that's gambling. If you bet you can make three spades, that's entertainment. If you bet cotton will go up three points, that's business. See the difference.

So to the man in the street,speculating,investing and betting in the stock market is like doing business.

Investors here know their own risk profile and they know how to manage their own investment.So why must they LISTEN to sales intermediaries!

Even the best government fund like Temasek Hldgs lost heavily investing in Citigroup and AIG during the subprime mortgage crisis.

News & Blogs

2013-04-23 11:16 | Report Abuse

Unit Trusts are also very non transparent product.The bottom line is sales target and managers coffers.Launching more new funds to cover up underperforming funds to loot more from incompetent investors.

News & Blogs

2013-04-19 21:43 | Report Abuse

KLCI is a two way traffic.If you short the market,a stop buy limit has to be executed at the same time for your insurance.

Post election result will be higly volatile.

Currently the index is hoovering above the hangman candlestick dated 3rd April which has a trading range of 70 point crash.This is a warning sign of big gap down.

The Dow is also feeling exhausted and a catch up game is also imminent.

This counter BAT is always used to window dress index at 4:45pm pre market close.

Stock

2013-04-17 12:56 | Report Abuse

Small pd-up 80m @0.50 cents share,the highest this counter has done was 0.65cents.
Expect low volume trade daily along the way with the daily company buyback supporting the price.