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2018-10-11 16:32 | Report Abuse
@spinninglotus : What I fear is Gamuda could have corruption elements in the MRT projects, causing high price....you know those contractors doing business with politicians...
11/10/2018 14:07
I believe so too. The project cost was ridiculously inflated. MOF had no choice but to call off the contract.
After asking them to reduce the cost but to no avail.
2018-10-11 15:30 | Report Abuse
My Sap already break even.
Myeg & Reach also moving ;)
2018-10-11 13:24 | Report Abuse
KcTeh : Maybe DJI drop during early trade then I think it will rebound towards the end. DJI is not like our Bursa. Don't worry, Bursa will rebound. Don't buy long term, sell when you make profit.
2018-10-11 12:59 | Report Abuse
Because Sap is already at the bottom. Just waiting to go up.
2018-10-11 12:20 | Report Abuse
Sold Gamuda too early....hahaha
2018-10-11 11:47 | Report Abuse
Jerichomy : Thank you but its still too early to congratulate me. I'm just hoping for the best.
2018-10-11 11:00 | Report Abuse
Wait afternoon. Can still do some shopping. A lot of bargains. If DJI rebounds tonite, Bursa will follow suit.
I hv a feeling DJI will rebound.
2018-10-11 10:53 | Report Abuse
My average now is ~ 36cts
Now 34.5-35 Still okay
2018-10-11 10:48 | Report Abuse
Jerichomy : Just sold my Gamuda at 2.23. Maybe its going up some more. Dare not take chances in this kind of market. I'm just playing hit and run. Now just waiting for a rebound in Sap to sell. I already average out just now at 34c
2018-10-11 10:35 | Report Abuse
Jerichomy : Yes. Bought at 2.04.
I got the news they are going to renegotiate back the mrt2 project last night.
2018-10-11 09:11 | Report Abuse
Blood bath as expected. Already 52 pts down.
2018-10-11 09:04 | Report Abuse
wow....43 pts down at opening.
2018-10-11 06:37 | Report Abuse
Tech bubble just burst in US market, dragging along 830pts DJI with it. This is the time we have been waiting for. Bursa will obviously follow suit. Get yr bullets ready.
I agree with lotus, its time for shopping.
2018-10-11 06:16 | Report Abuse
What I feared earlier finally arrived. DJI plummeted more than 830pts.. Foreign investors knew what was coming. They threw our shares earlier. There will be another round of fierce selling today at Bursa.
2018-10-10 23:57 | Report Abuse
Thanks lotus for the advice and comments. Really appreciate it. I will not touch Gamuda for now.
2018-10-10 23:27 | Report Abuse
Hope you are right lotus. But I think Bursa will take a que from DJI 400-pt drop. Ppl will obviously be jittery tomorrow.
2018-10-10 22:50 | Report Abuse
Jerichomy : Yes, I think tomorrow morning another round of selling possibly. DJI is down almost 300 pts already.
2018-10-10 22:23 | Report Abuse
DJI is already down by more than 230pts in early trading. Another possible blood bath tomorrow for Bursa if DJI falls further.
2018-10-10 22:04 | Report Abuse
Sap didn't go down much considering the index was down more than 40 pts. Its really a good sign that Sap has really reached its bottom and the only way after this is up. I think Gamuda triggered the sell off in Bursa. Investors were spooked by the open letter made to Gamuda by Tony Phua. Ppl construed the letter as an indication that MOF is not in good terms with Gamuda and its not good for business and hence the sell-off. I think it was over exagerated and Gamuda was over sold and a rebound is imminent. Gamuda is a blue chip counter with billions worth of projects in hand. Gamuda warrants a second look from us if we really want to make fast money. I may consider buying Gamuda tomorrow and hoping for a strong rebound soon.
By the way, Gamuda's main shareholders are EPF, KWAP, PNB, TH, ASB and few other GLCs.
2018-10-10 18:18 | Report Abuse
In this kind of market, those holding a lot of counters would be killed instantly. No time to sell, except panic selling, and sell at the lowest.
Wonder how Pmaster is doing with 50 counters in hand.
2018-10-10 18:15 | Report Abuse
@ risk : f want to throw darts.... throw at other counters (dropped 6% to 13%); Sapura only dropped 4%.
10/10/2018 17:42
True risk. Myeg & Hibiscus look resilient to market fall.
2018-10-10 17:37 | Report Abuse
Uncle Lim, you are right, there is no reason to cut loss. Perhaps can do some window shopping tomorrow. Just throw darts at any counter, sure to make a few quid. The selling was too much exagerated.
2018-10-10 16:02 | Report Abuse
October fest. A lot of bargains.
Just get yr bullets ready.
2018-10-10 15:27 | Report Abuse
Mini crash. The real crash will be more painful.
Market correction triggered by jittery due to Gamuda sell down yesterday and today.
2018-10-10 14:42 | Report Abuse
Already 27 pts down. Spiralling down.
Even the best of traders would be badly hit now.
2018-10-10 14:38 | Report Abuse
Jerichomy, I don't consider being played out by Uncle Lim. The decision to buy was entirely my own. I feel the price is quite low already. I would buy even without his buy call.
2018-10-10 14:20 | Report Abuse
Sap is not doing so bad. If we are holding other counters then we may be in trouble. Everything is going down free fall.
2018-10-10 14:15 | Report Abuse
Index down almost 20 pts. Bad.
October fest still on. Can do some shopping till we drop.
I'm seriously looking at other battered counters as well.
2018-10-10 10:22 | Report Abuse
Looks like it doesn't want to go down any more.
See how it goes.
2018-10-08 19:43 | Report Abuse
So lotus, tomorrow can go in or not? Uncle Lim said wednesday.
2018-10-08 18:19 | Report Abuse
Now Uncle Lim is making a buy call. Lets see how it goes. I got a feeling he is right! A lot of counters with great bargains to choose from and Sap is one of them. I'm already targetting a few.
2018-10-08 17:57 | Report Abuse
Lotus is right.
We can gain from this counter if we play along with their game. I may consider jumping in tomorrow.
2018-10-08 16:35 | Report Abuse
Shanghai composite index down 3.7%.
DJI down > 180 pts last friday.
Tonite anticipated down again because of trade war tension with China is getting worst.
2018-10-08 15:48 | Report Abuse
A lot of shares at fire sale prices now. If Dow Jones drops further tonite, then another round of selling tomorrow. Get ready to grab cheap shares tomorrow.
2018-10-08 11:05 | Report Abuse
October fest has just started. Still ample time to do shopping. A lot of bargains will be in store later. No need to hurry. Market is down across the board. Lets take advantage of the technical rebound later.
2018-10-07 18:22 | Report Abuse
Thanks for the recap lotus.
Now, Shahril is holding all the stakeholders & shareholders at ransom by saying without him Sapura Energy would go bust.
2018-10-07 17:01 | Report Abuse
He doesn't deserve the title Raja Shahril. Scumbag fits him nicely.
2018-10-07 16:58 | Report Abuse
I totally agree with Palmgirl.
Stock: [SAPNRG]: SAPURA ENERGY BERHAD
2018-10-11 16:44 | Report Abuse
KcTeh, you sold off your hibiscus? Good to hear that you made profit. I haven't sold my Reach and Myeg yet. I only sold my Gamuda at 2.23 but gone up until 2.39 after I sold. ;)
I have a feeling Bursa will go up tomorrow on technical rebound. Maybe I'll sell then.