I'm sure Shahril will create some good news to stir up Sap's share price once again. He has made his dough by pushing it up two rounds already.

Tqvm for clarifying Uncle Lim. Good to see you back here. Most likely I'll buy back nx wk, depending on market conditions. As I said earlier, they won't call for EGM unless Sap is at comfortable price ie above 40cts.

We don't hv to believe him or anyone for that matter. I just read all the good comments here and keep an open mind. In the end I make my own decisions whether to buy or sell. Nobody is forcing me.

Index dwn 12 pts. Not looking good. Nx wk may drop some more. Better to clear all positions first. At least can sleep peacefully over the wkend.

I'm not taking sides but I believe Uncle Lim said differently from what you guys said.
If I remember correctly, Uncle Lim said, 'we will push down the price kaw kaw below 40c before we push up to 60c'. Uncle Lim, pls correct me if I'm wrong.

Dow just dropped 200 pts last night and the market is shaky. Wait till there is a big correction. There will be no place to hide.
Be prepared to look for bargains. This is the time to make money.

There is a maxim, sell in Oct and go away.
You are right KcTeh.

October fest is back!
Time to look for bargains.

Thanks lotus for yr comments.

@lotus : @ Pmaster : Any comments?

Market seems sluggish. Looks very difficult to move up. Even the euphoria in O&G counters is fading away even though world's oil prices keep moving up every day. Our market is really lagging behind. Most likely because of domestic political & financial issues are still haunting the market.

Dow Jones is up again by 138 pts. DJI has been going up everyday. Many feel it is ridiculously high already. They are scared it will come crashing down anytime soon because 'the bigger they are, the harder they fall'. When that happens, the world markets will follow suit. Ours will not be spared either.

It looks like the whole market is in a corrective mode. Most of the counters are down.

They created news that Myeg was going to RM2, when in fact they wanted to throw. Its spiralling down like crazy for the past 2 days.
I'm observing a fews attractive counters now to try 'hit and run' .

derrick : Reserved RM1.5M on standby.

@qqq3 ; dragon...how much can make depends on betting size not on how much it goes up and down.
02/10/2018 13:00

True. I agree. I bought 1mil shares 40.5-41cts, sold 43cts, already made ~ 20K contra profit.

Thanks lotus. I'm not greedy. As long as I make money its okay. As I said, I only hit and run. ;)

A bird in the hand is worth twice in the bush.

Sold all 43cts
Too heavy to move up

Thanks lotus.

@lotus ; Its too early for me to sell, is it? I'm okay if I get 5cts profit. I was thinking around 45.5cts. Lets see how it goes. What do you think?

Looks good. Only retailers selling.

@dragonslayer : Pls understand the word IF.
IF there is no RI, meaning they are not hard up for money. There is no need to make cash call. Once you do that it casts a very bad impression on the company.
Its just hypothetical, okay?

Looks like sharks are buying, bilis are selling.

Slowly creeping up. Good sign.

If not for the RI announcement, and with all the project wins, coupled with spiked in oil prices, Sap would have been at least 90cts by now.

@Pmaster : I hv no heart feelings about yr comments. I'm just a novice. Not an expert like you. I don't mind at all what you want to say. Matter of fact, I learn a lot from you guys, especially risk, lotus , you and few others.
Thank you all.

@lotus : Just read yr comments. Thank you. I suspected it would go gap down below 40cts last friday afternoon. But it didn't. So I thought I would just buy some. If it goes down further nx wk ie below 40cts, I would average out possibly at 37.5 - 38cts. Lets see how it goes. I still believe they will play a few rounds after pushing it to a lowest of 33cts. Deep down I believe they will push up to 50cts soon. Just my hunch.You don't hv to take my word for it. Thanks again for yr nice comments.

@Pmaster : For me , i think the share market price can not too far from the RI price. This my opinion , some people say push to 0.60 b4 the RI is just a joke for me.
29/09/2018 11:35

Why not? Why can't they push to 60cts? To me, its not a joke. The possibility is there. Its not something which is impossible. The CEO has worked out something that we all have absolutely no idea of. He is a shrewd businessman. His main aim is to make money. What better way than making billions 'legally' from the stock market by manipulating his own share price.
Easy, create bad news so that the share price will drop drastically. Then, create good news, to jack the share price back up.
Think again, WHY must PNB and KWAP give their assuarance during PCs to subscribe the RI when the EGM is not even being called yet? Isn't that something fishy and extraordinary?

I agree with valuelurker, its a PNB bailout. Why do you think Shahril & Mokhzani went to see TunM immediately after the latter was sworn in as PM?

Topaz : Where are you? Did you buy?
Maybe you want to wait till nx wk?

Chan Meng Yew : You are on. I go for 42cts.

Closing maybe at 42-42.5cts.

Reverse psychology. They knew bilis would throw when the results are out. They collect. Exactly like Uncle Lim said. Who wants to sell, pls do so. But they are collecting. 40cts psychological level still maintain.

Guijc : Yes

So far no panic selling. I suspect everything has been factored in. Institutions knew long before us, the company made > 100 mil losses. But the price still maintain above 40cts. So far no sign of dropping below 40cts. Thats why I bought. If it drops further after this, can average down.

Now it becomes ' buy on news sell on rumours' .

bought 41cts

bought 40.5cts

Possibly gap down opening.

Bullets ready.

lotus : I'm not predicting. I'm hoping.

Hopefully will go down briefly below 40cts.
37-38cts would be very good entry point. Don't know whether can reach that level.

briefly pmaster...briefly.....
will shoot past 40cts after that

Market already know the results. Afternoon should be published. Most likely briefly below 40cts.

Hopefully below 40cts in the afternoon as anticipated.

Getting ready.

i3lurker : When is yr future? tomorrow? nx wk? nx mth? nx yr? When?

@risk : Its okay. I've experienced free fall from 60cts to 37cts, then rebounded and closing at 41cts.

So far, good support at 42.5cts.
I think results out in the afternoon.