For those who are beginning to `building castles in the air' please read Bursa Dummy's analysis on 08.08.14 above. It will help to bring you back to earth. In this `dog eat dog world' especially in finance, I find it hard to believe that the majority shareholders of Euro (33%) are willing to share the major portion of the cake (Beverly Heights) with total strangers! My take is that they will inject something else other than Beverly Heights. Just my two cent!

Hahaha... Leno is real funny as well as courageous.

I think it is time to exit O&G counters. Price for oil will continue on a downtrend because US, previously a net importer will now become a major exporter, rivalling Saudi Arabia and Russia. Margins for oil contracts will be squeezed hard. Just my 2 sen.

It looks unlikely that a reversal will take place in the near future. More downside is expected. So, when can we be `greedy"? The biggest danger to our stock market is the exit of foreign investors during this time. If it happens, we will be buying our way down to the 2008 price levels!

Historians are also humans, like us. Trust in a machine, it will give better results.

If you believe in cycles, you can be confident when to `be greedy while others are afraid'.

We must appreciate Bones' thorough research. A lot of time and effort have gone into it. Kudos Bones!

As we near RTO, info seem to be gathering steam! Getting more and more interesting! Viper88, you should get a gold medal for your efforts!

likes this.

Sorry, forgot to say my two cents worth!

Many of you are jumping the gun. Pauline Young didn't say crash only correction. No body can predict when the share market will crash, even Marc Faber said so. However, what I have been advised is to be extra careful in November. From now to November, markets throughout the world will get more violatile. It may be more advantageous to trade than to commit long term.

I believe CMSB will move up quickly after ex, as it is the target of big funds. I hope I'm right. Hahaha.

Hahaha.....tick tok tick tok tick tok

Looks to me, the no compete agreement is a done deal. With so many parties involved in the RTO there's bound to be leakage. They have to announce now to avoid untoward speculation

Nordimohd, I support your analysis.

A friend told me to expect fireworks in September. Viper88, being a trader, you should still do well both ways.

Viper88, how do you view the share market? Any danger it will tank in the short or medium term?

Please don't shoot the messenger because of the message.

If history repeats, one may have to decide to put it in `deep freeze' for a prolonged period of time. For how long, will very much depend on where we are now in the current bull market. I think 0007 was trying to give his views in this respect. Tough.

Viper88, thanks!

viper88 glad that you're around. What does your TA say?

For this particular counter, I'm just an innocent bystander, who has taken a keen interest in its share movements. There seem to be some tough decisions to be made in the near future. I sincerely hope that things will turn out all right for those affected.

Peckyoon, meaning?

0007 said he got a story to tell. What kind I also don't know. I just thought that it might be interesting. Let's wait and see.

0007 like it or not, can we now get to hear your story? Please don't delay lah.

So far 0007's predictions on Etitech seem to be on the dot. Now he has been bold enough to predict that by end of June it can fall to as low as RM0.05, which to all of us seem most unlikely. Many have acted on the news of a POSSIBLE RTO, by investing heavily (hopefully not even the kitchen sink), into this stock, with the expectation of making a killing. For many, if the price reaches RM0.05, it will be a financial disaster for them. What shall we do then? Do we act on his prediction cum advice or lable him a charlatan?

I have learnt a lot from you. Being simple can be good too, less worry and be happy with what you have. But I think your thoughts and actions are very deep.

0007, I think you are a very very very interesting person and very very very knowledgable on the share market, locally as well as internationally! Wish you all the best!

With money don't simply trust anybody may save you from needless heartache.

Skybursa, maybe there are still higher-end clients, who have acted befoe the high-end clients and much much earlier than the general clients and all and sundry?

Very interesting conversation. Investment bank advise their high-end clients to buy now. Later, they will recommend through their newsletter, to their general clients and all and sundry to buy. When price go up like rocket, their high-end clients will be very happy and bring more business to the bank. In the final analysis, bank happy, high-end clients happy. How about you and I, also happy?

Sigh... I'm speechless with some comments.

Skybursa, you made a handsome profit by being patient. But you have to make the right decision to invest first. Many have seen their investments deteriorate with the passing of time. With the new issue price at RM0.708, do you consider this a good investment? With a sweetener that TGOFFS has a major stake in the soon to list ICON.

To craft an RTO of this size, involving many parties, would have taken many months of fruitful discussions. To their credit, the parties involved have now surfaced. For the next three months they will be working on the nitty gritty, to implement their great vision, or is it Dato Harzani's?

Okok, I think that is the big picture. Dauk Harzani will still be around for a long time , to reap what he is sowing now. Can you imagine what it will be like for him, when his dockyard service the biggest osv fleet in the world?

8wpwtmt8, it may not happen if some big guns are bent on accumulation.

I believe the name you chose,namely, `Viper88' was done as intended. Vipers strikes their intended prey without warning and at lightning speed and 88...speaks for itself. Good choice!

Waaa..Viper88, I'm speechless! How not to succeed in your investments?

Viper88, still digesting? In your opinion, what will be your initial TP to watch out for?

Will Tony Fernandes accept with baggage attached?

Waa...speculation running wild! In this case for valid reasons. Hope we are on the magic carpet this time and not with the two coconuts thingy.

Usry, I also went in, in good faith. Looks like there may be a happy ending for both of us, for different reasons.

Viper88, if you had not let me in on Bourbon I would have sold the next day. Thanks alot!

Viper88, based on the press release from Ekuinas, TGOFFS is automatically a major share holder of ICON with 11.8% of its shares. Care to tell us the apportionment of the 11.8% to management and shareholders? With Bourbon's likely take-over of TGOFFS, what would be your projected year end tp be?

Wa Viper, you are full of intrigue!

Viper88, can this be one reason why Burbon is interested in TGOFFS?

Every Tom, Dick and Harry company wants to go into O&G, thinking that with their connections, they can have a slice of the business. Luckly, or unluckly for them, Petronas is strict on deliverance of contract. I like Van Felix's forcast!

Viper88, what Budiharto said made sense. I can't remember of any substantial contract in O&G procured by the current owners since 2012. If the news regarding Bourbon RTO is true, we should give them credit for admitting to their limitations and do the next best sensible thing (RTO), for their own sakes as well as for their shareholders. How will the market react to the news on Monday?

This counter is currently ideal for day trading - morning down, afternoon up back.

Just marking time until ex is near.