IF U SCARE JUST RUN....NOBODY CARES ABOUT IKAN BILIS! WE HAVE BEEN IN THE SHARES SINCE 28C AND SOME LISTEN MY CALL HAVE ENTERED 38.5C. IF 51C IS TOO BIG FOR U JUST RUN OK

LESLIEROYCARTER THIS IS FOR U...BETTER RUN FAST!!!! LOL

http://en.wikipedia.org/wiki/1997_Asian_financial_crisis

U BETTER GO FIND THE DOOMSDAY ARTICLES WHEN THE STOCK MARKET CRASHED TO 300 POINTS! THIS WILL SCARE PEOPLE BETTER AH....LOL

OLD NEWS OSO WORRY...BETTER U WORRY WHEN SOROS GOING TO STRIKE AGAIN...LOL

REMEMBER TP: 0.55 TODAY!!!! DUN SELL ANY LESS!!!

WLUN85, I HAVE NOT SOLD MY CONTRA LOT, WAITING FOR TOMOLO GAP UP!!!

LAST CHANCE TO BOARD THE SHIP FOR A BETTER TOMOLO....HIHIHI

WINDCLOUD1, NOBODY CAN BUY THE LOWEST...TOMOLO WILL BE A GREAT DAY FOR SUMA!

I'M NOT SMART, I JUST BUY LOW SELL HIGH...

YESTERDAY I BOUGHT 0.46 NOBODY FOLLOW.

TOMOLO GAP UP ALL RUSHING TO BUY!

BRAVO!!!

4PM MATINEE SHOW!!!! DUN MISS IT!!!!

BIGGGG PUSH BEFORE THE GOOD NEWS!!! BUY NOW OR REGRET LATER!!!!

BUY NOW OR REGRET LATER! AFTERNOON WILL BE THE BIGGGGGGG PUSH!!

Hentaiboy: Go ALL IN lah! Apa takut takut? NO GUTS NO GLORY!

TP 0.55 TODAY GUYS...

I BELIEVE ONCE SUMA BREAKS 0.55, THERE WOULD BE A CONSOLIDATION PHASE BTW 0.55 AND 0.62. THIS WOULD BE THE MAJOR RESISTANCE.

WINDCLOUD1: 55C IS NOTHING. IF U ARE WILLING TO HOLD THE STOCK UNTIL NEXT YEAR, IM SURE U WILL FEEL GREAT FOR HANGING ON TO SUMATEC.

MY PAPER GAINS ARE MORE. THIS CONTRA JUST FOR POCKET MONEY THANKS TO THE STOCKIST!

I'M STILL HOLDING MY 100K@0.46 FOR CONTRA PURPOSE. TP:0.55.

THE SHARES I BOUGHT @0.28 WILL BE KEPT UNTIL TP RM1.00

STOCKISTS ARE ALLOWED TO SHORTSELL IN MALAYSIA. GO READ MORE

MRKEE U DUN KNOW HOW STOCKISTS WORK...GO READ MY PREVIOUS POSTINGS..

SYNDICATES ARE FRIENDS. THEY ALSO BUY LOW SELL HIGH! STOCKISTS ARE THE ONES MANIPULATING THE PRICE BY SHORT SELLING! NO WONDER MAHATHIR HATES SOROS SO MUCH....LOL

CONTRA PLAYERS ARE IKAN BILIS, THIS IS A STOCKIST GAME! BIG STOCKIST WILL EAT THE SMALL STOCKIST. IKAN BILIS EATEN ALONG THE WAY. HAHA!

I WILL SELL ABOVE 0.50 TODAY...SUMA IS GOING STRONG PRIOR TO GREAT NEWS

YESTERDAY I OREDI MENTIONED I LOADED 100K AT 0.46 TO PLAY CONTRA...

I TOLD U GUYS CONTRA PLAYERS ARE JUST IKAN BILIS, 700 MILLION IS THE MASTERPIECE OF STOCKISTS...

700 MILLION T+4 WOR....

WHERE IS THE T+4 SELLING???

WHY SO MANY WORRY ABOUT T+4? CONTRA PLAYERS ARE JUST IKAN BILIS, EATING 100, 200 LOTS. WHO ARE THE ONES THAT EAT THOUSANDS OF LOTS YOU SEE ON THE COMPUTER SCREEN? THESE ARE STOCKISTS THAT TRY TO MANIPULATE THE SHARE PRICE! FYI STOCKISTS DUN HAVE T+4.

MY UNCLE SAYS GO LONG FOR THIS COUNTER...

CONTRA FOR POCKET MONEY ONLY...CATCHING THE STOCKISTS FOR COVERING THEIR SHORT-SELLING POSITIONS. TOMOLO MAYBE ABLE TO CATCH ANOTHER ROUND OF SHORT SELLING

ONLY 100K...EASILY FILLED. TOMOLO SELL 0.50.

BOUGHT 100K AT 0.46 FOR CONTRA TOMOLO...

STOCKISTS KEEP COVERING THEIR POSITIONS AT 0.48

SEE HOW FAST THE STOCKISTS COVER THEIR POSITIONS NOW?

JUST WAIT FOR STOCKISTS TO COVER THEIR POSITIONS AFTER 430PM

BUY SELL FROM LEFT HAND TO RIGHT HAND ONLY BY STOCKISTS...

I ENTERED 46 JUST TO EARN A LITTLE POCKET MONEY. ALL MY INITIAL STOCKS I WILL NOT SELL. I HAVE FAITH IN CMY

Proprietary Day Trader is a holder of a dealer’s representative license who is registered as a Proprietary Day Trader under Bursa Malaysia. Many also refer the activities as Proprietary Day Trading (PDT).

Salient Features:
The main purpose is for Day Trading.
Cannot trade Mesdaq stocks(Ace Market stocks).
Launched by Bursa Malaysia in early 2007.
They can short sell.
Proprietary Day Trader cannot have clients
Shall not be a holder of a futures broker’s representative license.
Shall close off any Sell positions on T day.
Shall close off any Buy positions not later than T +2.
I heard most brokers give about 10 times multiple on the cash security deposit.
Profit earned is normally shared, about 60% to broker.
Have to bear 100% loss.

What are the main benefits of becoming a Proprietary Day Trader?
No brokerage.
Very easy to make profit because normally one bid can easily make profit.
Can shortsell.


What are the Disadvantages of Proprietary Day Trader?
Cannot have clients.
Cannot trade Mesdaq/ Ace market securities.
Profit need to share with broker.
Risky if skill is not good.
If shortsell, and then the stock get suspended, then cannot buy back the same day and will subject to buyin.

Let's wait for Stockists covering their positions after 4pm

Proprietary Day Traders (Equities)-(Kuala Lumpur)

Responsibilities:

Conduct day trading activities and/or assist the Bank to take its proprietary positions in equities on intra day trades through its Day Trading Activities Account
Responsible for trading of stocks, and other approved financial instruments / securities as allowed by the Regulators

Requirements:

Degree in Finance, Accounting, Business Administration, Economics, Marketing or equivalent professional qualifications. Candidates with Diploma in Investment Analysis from RIIAM and CFA holders are encouraged to apply.
Minimum 5 years working experience as a Dealer’s Representative
Have good analytical skills with sound knowledge of the securities industry
Ability to cope with high level of stress and able to make sound trading / investment judgement
High level of competency in trading strategies, stock market and technical charting knowledge
Successful candidates are required to hold the Capital Markets and Services Representative’s Licence (CMSRL)

IF U UNDERSTAND HOW STOCKISTS PLAY, YOU CAN EARN SOME POCKET MONEY...I JUST BOUGHT 100K AT 0.46 FOR CONTRA PURPOSE ONLY. MY INITIAL 1M@0.28 BOUGHT 2 MONTHS AGO I WILL WAIT UNTIL RM1.00

Don't let the element of hope to overule your destiny,act like RAMBO the mercenary in stock trading.You got another day to plan your strategy.Tackle the situation according to levels as the market is always there but not you as time is not in your favor where your risk profile will diminished.

The high trading volume which you are going to see days ahead are made by the action packed Proprietary Day Traders (Pdts) and also known as Stockists who are a members of participating firms of Bursa Malaysia. They(the trader) has a dealer’s representative license and their trading account opened in the name of a Participating Organisation.

They are the privileges ones as they don’t have to pay for brokerage fee and stamp duty when trading in stocks on Bursa Securities.

Their cost in trading is only paying for the clearing fee which is a tiny 0.003% of the value of the stocks traded.

This explain why they can move or buy and sell any counters traded.

If you calculate their cost of trading(due to lower fee), the Proprietary Day Traders can makes money even the stock moves one price bid even on penny stock. For example the current price for Ramunia(THHeavy) is trading at RM0.57. When the price move one bid up from RM0.57 to RM0.575, profit would have be make.

As the name implied, they will close their position before the market close.

Their roles in increasing liquidity in the market and reducing the imbalance of long-term investors and short-term traders is important to the stock market. However they must be a fair and orderly market control in place as there is no level playing field extended to retailers and other institutional investors.

* There are 58 PDTs as at today

* They trade for the brokerage firm

* They profit earned has to be shared with the brokerage firm. Brokerage firm will get usually 60% of what the PDTs earned.

* For losses, PDTs will have to bear it 100%

* They can short(naked short selling) the market however it must close all the open position before market close. Therefore they will only trade stock with volume.



Proprietary Day Traders (PDTs) were introduced in January 2007 with the aim of increasing liquidity in the market and reducing the imbalance of long-term investors and short-term traders. Their introduction was also part of Bursa Malaysia’s effort to facilitate a more robust price discovery mechanism. Proprietary traders exist in markets around the world, and in Malaysia, anyone who has passed the exam for a Dealer’s Representative Licence and has five years trading experience can apply to become a PDT.

While PDTs enjoy incentives such as clearing fee rebates if they trade a certain amount in a month and can conduct intraday shorting, it is important to note that there are also restrictions imposed upon them and they operate under a controlled environment as licensed professional traders.

For instance, PDTs must close off their short positions within the day. Unclosed short sold positions are deemed to be in violation of the rules.

PDTs are not allowed to acquire the shares and all purchase positions must be closed within two days of the transaction date.

PDTs are not allowed to trade on the ACE Market and they are strictly prohibited from carrying out trades for clients of brokers.

These restrictions are vigilantly monitored to ensure that the benefits enjoyed by PDTs are appropriately used. Action will be taken against those found to have breached the rules.

So do you think company directors are playing?Do they have to charge their shares to bankers and pay interest for the collateral.?

Same case if you use the 'Margin Facility' offered by the sweet talking investment banks.Market in the money,the umbrella is still with you,Out of the money,banker say Go and Fly Kite,I need to force sell in the market.

Happy trading boys and girls.

THE STOKISTS ARE NOW COVERING THEIR POSITIONS!!!

THE STOCKISTS ARE JUT SHORT-SELLING THE SHARES! IF U DUN SELL THEY HAVE TO PUSH UP THE PRICE AT 4.30PM

THE STOCKISTS HAVE TO BUY BACK BEFORE THE END OF THE DAY.

LAST week a broker got an order from a client who has not bought or sold shares for the past three years. The client, who is retired, placed an order to buy shares in Sumatec Resources Bhd at 61 sen.

Sumatec was among the few stocks that saw heavy volume being traded last week. The broker advised the elderly man that he should not be taken in by the euphoria that the market had seen last week, with trading volumes hitting record high of more than 7.6 billion shares in a single day.

Apart from Sumatec, the bulk of the shares were traded in two other stocks, namely, Globaltec Formation Bhd and PDZ Holdings Bhd. The three stocks have a combined market capitalisation of RM2.6bil, which is a fraction of the entire market capitalisation of Bursa Malaysia that stood at RM1.76 trillion yesterday.

The elderly retail investor did not listen to the broker’s advice. Sumatec ended at 45 sen that day. Now, the retail investor has to wait for Sumatec to recover or lose a few thousand ringgit if he chooses to sell.

The large trading volumes of stocks should not be a reason for retail investors to invest in stocks. Fundamentals should be the primary reason. The large volume is a game for a select group of market participants called proprietary day traders, or better known as stockists.

There are about 80 of them attached to various brokerages in Bursa Malaysia. Their job is to trade for the brokerage as principals. They don’t have any clients. The stockists can buy and sell as much as they want in a day. There is no limit imposed.

They are not imposed any brokerage fees but have to pay stamp duty and clearing fee to Bursa Malaysia based on the value of trades done. The duty is capped at RM250 or less, while the clearing fee is minimal.

A brokerage will normally place their stockists in a room where they conduct their buying and selling operations with minimum disruptions. Even phone calls are restricted.

The stockists can short-sell stocks without having the shares in hand. But they have to cover their positions by buying back from the market before the end of the day’s trading.

The profit from buying and selling are shared between the brokerage and the stockist. Normally 60% goes to the brokerage and the trader gets 40%. However, an “ace stockist” can command up to 90% of the profits. But the stockist has to absorb all the losses.

Normally, the brokerage will hold the profits of the stockist and pay out only after a year. An ace stockist can earn RM10mil or more a year by just being a principal stockist for the company.

But there are limitations to what a stockist can do to generate the volume of stocks. They generally shy away from stocks that are more than RM1 and that have a small paid-up capital.

Apart from having to incur a higher clearing fee, normally stocks that are held tightly tend not to have enough shares in the market to generate the volume without causing a substantial rise in the price.

The typical targets for a stockist are stocks that are priced at less than RM1 and that have a large share capital. For instance, Globletec Formation, which is an amalgamation of three stocks that were involved in manufacturing automotive components, has a capital of more than 5 billion shares.

Some companies like to see the activities of the stockist because it supposedly adds excitement to the market, not to mention to the stock as well.

But there is also a view that the stockists hold an unfair advantage over the normal investors because they can short a stock or take long positions several bids higher.

This allows a few stockists to “gang up” and deliberately cause a panic sell-down of a particular stock.

In jurisdictions such as Hong Kong, while short-selling is allowed, there are rules that prevent deliberate sell-downs. Anyway, this volume game of trading in stocks is not for retailers. It is only for the traders of the market where the risk and returns are high.

For retailers, ultimately value investing is the game. Value stocks may not have the kind of volume one would like to see nor would it be cheap. But it attracts the kind of investors who generally take a long-long term view.

LET'S TRAP THE STOCKISTS AGAIN!!!

ROSMA : PARK 28C BETTER! THAT'S MY PURCHASE PRICE 2 MONTHS AGO! GOOD LUCK!

SHARKS JUST WAITING FOR THE CONTRA PLAYERS TO SELL TO THEM AT 0.485. AS LONG TERM INVESTORS WE HAVE NO WORRY!