@aikane, I'm certainly not going to say one or the other because it's dangerous! You'll have to make your own decision:-) All I can say are these:
1) CU's strengths - long expiry date (30/9/13). Plus a very achievable ex price of 6.00 and reasonable ratio of 4:1. It's almost like you owing TM itself except at a much lower holding cost. Who cares about dividends when you can get (much) more from the warrants. Risks? Yes. But then doing *anything* will be a risk.

2) -CV issued by OSK - this is almost similar to CU. In fact, CU is BETTER. CV ex. 6.00 but ratio of 6:1, expires 26/8/13. But the market maker isn't releasing it at a similar price - they now insist on 0.10!! The lowest was at 0.08, when CU was 0.035. You have to ask "Why aren't they selling at near CU?" Or cheaper. You can also take that to mean CU is underpriced.

I don't have any fixed system when it comes to selling the CWs although I have a target. Often, it's just the unscientific "gut feeling" - running away when I feel the CW is losing momentum. "Make hay when the sun shines"... sell when the buyer is eager.

I've done okay so far with selling. Often, the CW would come down after that. BUT I've also run away too early and left a lot of money on the table. SKPetro-CA: bought at 0.065; sold WAY before it even reached 0.15! (it went to 0.26 had I waited just a few more days). With CU, you already have reasonable profit. BUT there might be more... Yeah, I know how tough it is: Take the profit now or wait for more?:-)

See how strong the psychological aspect is. Astro has come all the way from 2.60 but it can't break 3.00. Yet. This is a stiff resistance and there's the possibility it might slip a bit first. The weak holders will leave and Astro can form a new base to challenge 3.00 again. Don't know when that will happen. But I believe if it gets past 3.00, it will stay above that. The strong resistance now will turn into a strong support.

Everyone has now turned bullish. But have to try and stay half a step ahead of the crowd. At the slightest sign of trouble, I'm heading for the exit.

Yeah, was involved in the early 90's. But I left after that and only came back early this year. My father - he was in the market since the early 1970's (when Inchcape was at KLSE) and is still around. He's the real old timer and veteran who has seen it all.

The hardcore cowboys would have the guts to buy CF. After all, 100,000 units = RM500 or so only. As we have seen in the past, it doesn't take much for speculators to jump in - if they think "Got hope", then it WILL go up. And these cowboys with their 0.005 buys would be laughing loudly when it gets to 0.02. Not impossible. BUT no thanks - I simply don't dare.

HAHA! I remember this counter was already there in the early 90's and possibly even much earlier. Menang, Muda, CASH, TRI, SMI...

"Sentiments" and "Momentum" - these are the most critical elements when it comes to the stockmarket. Things like PER, DY, NTA and whatever else are actually secondary - if these are the most critical, counters like Mudajaya would be at 4.58 right now, not 2.58. Just a few trading sessions ago, it was all gloomy for TM-CU. And this was so since a month ago. But just like that, things have moved the other way.

The lesson for me - if the mother is a good-enough company, the premium "OK" and if there's at least 6 months left to expiry, I'm going to buy and just wait. Especially after the counter had undergone a correction.

Interesting development today. If you look at the TPs, the most pessimistic IB is OSK, which always issue a "Hold" call with a 2.85-2.88 TP. But today OSK has upgraded Mudajaya to a "Buy" with a 3.13 TP. The darkest cloud hanging over Mudajaya i.e. concerning its coal supply for the power station in India appears to be dissipating. http://klse.i3investor.com/servlets/ptres/12677.jsp

If you are willing to risk the possibility of losing 100% of your capital, then "Maybe". I don't dare buy it anymore even at 0.005. True, it going to 0.01 would mean a 100% gain. But the ex price with the time remaining - can it strike? The bigger immediate issue is this - will there even be a buyer to take over? Maybe it would be better to buy the newer CWs. They have much more time left and lower ex prices. Their price is higher, of course.

Climbing back quietly. Wonder what the OSK analyst with his 0.25 TP will say about this?

Heavy buying at the start. Could that be the investment bank picking up the warrants which they unloaded in mass at 0.04 a month ago before the price gets higher?

Wonder why Dave is so hostile towards me - I'm just trying to help him with his Digi connection. But I'll forgive him. Anyway, I'm looking at Petronas Chemicals which I feel has become attractive at its current level. It has rebounded a bit though from its recent low of 5.70.

Nothing better to do except to wait and see how the (so called) quality counters perform after lunch. If they can just defend the morning's gains, that might be indication the traditional year-end window-dressing buying by the institutions is on. If not, then it's better to continue with the "wait and see". In the meantime, why not have a bit of fun, although Dave might not see this as so:-)

@lmf_hau has a valid point. Don't place too much hope on these `insider info', which might actually be from those with vested interests and using others as suckers for their own agenda and interests. The genuine insider info tend to be silent; with people making their moves without attracting much attention.

Quite a few, I think. One guy bought it at 0.035 last week and should be smiling today. The long expiry date - it's almost like buying the mother itself. This one is good for a 1 sen profit but the buying price should be 0.04 and no more.

My investigations discovered this about Dave: he has a grudge with Digi which is somewhat justified. They also revealed why Dave comes on and off, and of him making a big deal of this by declaring when he's here and when he's leaving.

Apparently, Dave is using Digi post-paid for his handphone and also Digi Mobile Internet for his laptop. However, due to his frequent purchases of KFima whenever it goes down, he had trouble paying the bills. Dave had asked Digi to postpone the payments until KFima goes up again. But Digi disconnected his post-paid and also mobile internet! That's why Dave is mad at Digi.

Now he has to go to the Mamak shop for internet access. He'd order a Teh-O which costs RM1.00 and then spend HOURS at the Mamak shop to surf... until the mamak shoos him away. Dave, you have my sympathy.

Dave, I'm not buying up or doing anything with Digi. Actually I'm very annoyed with myself for missing its rebound. Was waiting for it to go just a bit below 4.50 - that would have been a rather safe entry point. But it went back up after 4.51! I missed the chance but I'm no sour grape and being resentful. It's good that some of the people here made money from the rebound. But my choice of TM isn't doing too badly either - looks like it is finally following the other telcos.

Dave, I bought King's sardines last week at Tesco Mutiara Damansara - 425 grams x 2 = RM10.00. That's a good buy. Told my wife it reminded of one guy at the investor's forum and she laughed. But my buy didn't appear to have helped KFima's price too much. You'll have to wait for the floods to come. Then the diet will be sardines and maggi mi for some:-)

This laggard seems to be moving at last. Axiata and Digi have already rebounded significantly but TM has been rather slow.

The mother's price - it's new territory for me including psychologically and I was slow to mentally adapt. Actually I should have simplified things, i.e. in seeing it as just like the ones I'm familiar with...the below 10.00 counters. RM65 - just see it as like "6.50", and that its previous price was like "5.60". From this angle, it's more than possible to be reached. There wasn't much to lose, especially when its premium was very reasonable AND with a very long expiry date.

Too late for that now. All that I can do at the moment is to use this as a lesson so that I'll be more decisive when similar opportunities appear. They will, this I'm sure of.

Regret, regret, regret! Hate myself for being so hesitant and pessimistic when it was at 0.05/0.055. Hope it comes down next week:-)

Mudajaya needs Tabung Haji to start buying again and create some momentum. But these fellows have been quiet of late and no other funds seem interested. However, Mudajaya comes with attractive valuations for the fundamentalist and, despite being exasperated at times, I'm going to be patient with this particular counter.

But at least it closed on a positive note today - the first time in 10 trading days that the bar is white instead of black. This should make the technical analysts sit up and take some notice. If Sime manages another positive close next Monday, it could be the start of a rebound.

It breaks 9.00 but keeps slipping back. Not that many Sell lots but it seems the big boys are just juggling buy-sell with each other. Those lots from 8.98-9.02 could easily be swept clear if they really want to. These fellows can decide whether they want the BSKL index to finish up or down.

The support looks to be holding well at this level. I believe the downside risk is low as compared to the upside potential, which is more probable. And the CW at 0.01! With the expiry next April, I'm going to bet on this. Target - just 0.005/0.01, which is 50%-100%. Worst-case scenario - no buyer even at 0.005. But with more than four months left, I think there's more than enough chance to cut loss.

Traders know the risks that they are getting into with this kind of counter. Many are smarter than those at the SC, who know only to issue a UMA and nothing else. These traders are people at the frontline, not government bureaucrats with their feelings of self-importance.

Yeah, it gets tedious and rather annoying when you see the SC with its knee-jerk reaction - UMA, UMA and nothing else. They haven't done anything of substance, especially concerning the Ingens `takeover offer' con job. Nor the manipulation by Malaysian Insider concerning Sime having to undertake MGO over E&O. The SC is just limited to issuing a UMA and nothing else.

CPO is probably at or very near to its bottom. Go lower than that and palm oil biodiesel becomes viable. The plantation counters have become more attractive due to the slide although we might get even better prices if we wait a bit more. This sector is predictable to an extent - just watch the daily CPO price movements to get an idea of how they will probably fare in the near future.

New warrants from OSK tomorrow: JCY-CO and -CP.
CO: 0.60; Ratio 2; Expiry 6/12/2013
CP: 0.80; Ratio & Expiry the same as CO

New warrant from OSK tomorrow: Astro-CL. Ex. Price 2.60; Ratio 4; Expiry 6/12/2013

Yeah, especially with call warrants. Living there would be more than possible if you're fortunate enough to have repeated trades like this: Buy SKPetro-CA at 0.065 and sell at 0.26 as it was recently:-)

I don't think it would go down much from the current level. Datuk Nazmi had paid more and I doubt he'd be dumb enough to offload at a lower price. From last Monday's piece in The Edge, the future looks exciting for Tiger. Nazmi has big plans for it - REAL business plans and not to just goreng and run away like some people.

I don't care too much about those places. Kota Damansara is fine enough with me:-)

Rather difficult to make money from trading at the moment with the market like this. Waiting for some new impetus for E&O that will create renewed interest. By the way, the chairman, Datuk Azizan had bought 1 million units late last month. There's surely a good reason for him to do so.

It's time will come again, especially when this is a counter that pays minimum fixed dividends. For fund managers, especially the local ones, there aren't too many counters that can be regarded `safe' and giving a good dividend yield at the same time. TM has now become attractive again after the slide and I feel it's just a matter of time before it goes on an upswing again. The bottom has probably been reached (5.32 recently) and the traditional window-dressing period should see this counter going higher. All that's needed now is momentum to start the big wheel turning again.

Not a bad price. I had bought higher last April, at 1.72. It was on a downtrend but that was before I knew the basics of technical analysis. Went down to 1.55 or so and I was kicking myself for not having learned something about TA first. But it went up after that and I sold at 1.87 two months later. With MRCB, you just never really know. It may look rather gloomy at the moment but it can go up just like that. It's a counter which traders follow, and they'll immediately jump in when it looks like moving up again.

Wow! Another good showing today after yesterday's rise and recovering from the slow start in the morning. Going to follow this CW closely - with this kind of strength, the ex price of RM65 looks very possible.

Difficult for it to go up much in the present environment. Will have to wait until after parliament is dissolved first to see how investors respond. This shouldn't be too long. Might be able to buy it lower during this period. If the indications show a better performance by BN is likely, then counters like MRCB, Gamuda, UEMLand, Glomac etc. are worth betting on.

What a disappointment! YTLP was gaining momentum with its positive close over the previous few sessions last week. But now it has lost some steam after the heavy selling today.

It would also be the first time I buy the CW of high-priced counter. The mother's price is our local equivalent to Apple or Google. Looks very interesting - the premium at 20-something is reasonable, especially when there's almost 12 months left before it expires. This is the kind of counter which long-term investors would buy although the ex price of RM65 looks a bit scary.

Issuance of new shares will result in the dilution of current ones. But if you'd look at that in a positive light, it also means Perisai is buying something without taking new/more debt. Let's see how the investment bank analysts view this.

Boustead was quiet for most of the day and I wasn't paying much attention to it. Wasn't even aware it had gone up towards the end of trading with good volume until I saw its entrance in the Top 20 with its +22 sen. Now it's not too far from the -CE ex price of 5.40. If the buying continues next week, my 0.01 speculation could bring in a 100% gain:-)

Regardless of Sime's slide over the past week, I feel CR has gone down too much. Shouldn't have been at 1.5 sen considering it still has 4 months, with the ex price not that far away. If Sime goes on a rebound, plus if the year-end rally materialises, this might turn out to be one of my best buys for this year. The downside risk looks minimal.

@nuha, if you still have it, breaking even is now close:-) What a performance today... the mother went up past 3.30 and 3.40 just like that!

0.015 is just too low to ignore given its expiry date of 29/3/13 and the ex price of 9.50 which is very reasonable. At a 5:1 ratio, I'll break even at 9.58. Of course, if Sime goes near that, the CR will be significantly more than 0.015 - 0.04 isn't impossible. Worst-case situation - Sime goes down and remains there. But I think there'll be people willing to take the CR at 0.005. Percentage-wise, the loss would be heavy. But money-wise, I've lost 0.015 before:-)

Most oil & gas counters are like that. The dividends are nothing to shout about - have to buy plantations or consumer counters for this. With the O&G counters, it's capital appreciation that investors/traders have to aim for. Dividends are just consolation during those times when you have to wait and wait for them to go up.

Waiting for tomorrow to see its last quarter report. It just need to defend the previous gains to build up a base. At the moment, TM is still below its 20-day moving average of 5.58. Hopefully the selling is over.

I'm very disappointed. Was hoping Digi would come down to... no, not 3.00 la - like 4.40-something or so. Another day of sliding would have made that possible. And yesterday I was too hesitant and the chance slipped away. SIGH... Never mind, there will always be other opportunities in the stock market if you wait patiently and not simply jump in.

Increased revenue in the last quarter from RM1,097 mil in Q2'12 to RM1,141 mil Q2`13. Pre-tax profit from RM161 mil to RM233 mil; EPS 5.45 sen to 9.93. All are pretty decent. But the deal with Scomi seems to be preventing IJM's price from going up. Will have to wait for new developments on this to help serve as impetus for an upswing. Until then, it will probably hover around the current level and not go anywhere.

minitrader, from previous experiences, that is what separates those who make profits and those who loses over the longer term. It takes courage to buy when everyone else is so pessimistic. But if one has done his homework and convinced that a counter has potential, it's better to stick to his own conviction. After all, it's HIS money on the line here; not "other people's" or "analysts" money. After buying, sometimes it's wise to do something else and stay away from the market - let the market sort itself out over the longer term.