First of all thanks KCchong for your explanation, its crystal clear as usual. Thanks so much. Well, i do believe some of the investors are not rational or they dont even know about warrants and they buy it. However, i feel quite hard to convince myself that majority of investors dont know about the value and cause the sell down of WB today. Btw i think you are right, if able to answer the above questions will grant you a great advantage in trading WB. Lastly, what do you mean with this ".Are there any ‘thieves’ operating in the trading of Wb? "

Hi KC, since its in-the-money, so people like you will choose to exercise it and gain the riskless arbitrage profit(provided that the mother share won't drop too much in the duration of exercising). With this action, it will prompt more people to buy WB and eventually cause the price hike of WB. Why is that the price is not moving now? Any reason? Please clarify. Thanks in advance. sorry i am not familiar with warrants

Dear minitrader, the day will come.. Cheers. haha

Santa Claus will grant all your wishes. Start to queue your order now =)

Its great to have someone experiences to share something out so it could enlighten or led the new one. For me, i feel greatly appreciated on your hard work and its very beneficially. Thanks Purebull!

Hi WYS,yea, Perisai always trade in this way. Whenever a price hike there will be sell down to press down the price.

i think the early spike might hard to sustain..

Ok. Thanks anyway :D

Hi Kcloh, i am not sure, so would like to seek for your advise on this. @@

Hi Kcloh,as for what u said " the buying is for the dividend in specie, the sell down is because market realise earnings will no longer be supported by Digi's profit/dividends in future anymore! get it? :) "

As for what i know, timecon held 3.54% of digi stakes. With the amount of digi stake it held, does it contribute to the earning of Timecom or just a dividend gain? Only subsidiary's profit will be contribute to the parents bottom line? Sorry i am not sure, please enlighten on this matter if you dont mind. Thanks :D

As for what i know, institutional investor wont go for penny stock.. merely just what i know.

I am not good enough to comment yet, but its everybody know that Mas had been incurring lost for so many years. Even the latest financial result showed a net profit, it wasn't operating profit too! Another major factor is, MAS ask for money from shareholder again! Previously Mas has been asking for money from shareholder too, through right issue(if i am not mistaken), buy yet cannot contribute to the bottom line. Good business but bad management i would said. just my 2 cents

One cannot denied that investment involved risks, but i can't agree that invest is an act of gamble like what lotsofmoney said

LOL. must be buying spaceship ticket. going to onboard on 21st..

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1145133
What do you guys think of this?!

i think it is not an easy task to foresee why the big players are dumping the shares, it could be a profit taking? Or some insider trading?

Great analysis excelyou! Thanks!

Overall its a uptrend now. Buying in a uptrend is a good decision! hahaha

Hi excelyou, can you please explain more on your assumptions? Thanks

Sorry, i mean further explain on your Technical Analysis. Thanks!

Hi Sabah, please further your analysis. Thanks :-)

Anyone looking at this counter? Would someone good in queue analysis mind to explain on the situation now? Huge buying queue 0.105 and huge selling queue at 0.115. Something wrong? Collecting in progress?

Thanks bro Usry and WYS. Appreciated and wish you guys happy trading =)

can someone please describe how destructive the GE can be and how severely it will impact on Perisai? Sorry i am a newbie who didnt experience in stock market at year 2008. Please enlighten thanks!hehe

wow.. alright. Could it be a mix of value investing and growth investing? hahaha :p

Thanks so much to you passerby. Being notice that this stock has doubled its price to RM1.32 within a year,calculated by using last 4 trailing quarter, it has a price multiple of 16, compare to 12 in previous year. profit growing rate has slipped(from 2010 to 2011 it is 17.4%, 2011 to 2012 is 9.15%), the latest financial result has slipped too compare to quarter to quarter. Would you said that a PE of 16 now is fully value,overvalue or undervalue. Please advise. Thanks @@

hmm. can you briefly go through with it? fundamentally, can it be good? i have done some analysis but ain't sure on it. Coz im not good on it and first time analyse this kinda business. So trying to seek some advices, it will be good if you willing to spare some times to share with me. Thanks! haha

Hi, how do you think about the mother? thanks..

richrich, we have same opinion on that. i think its better as to "think like a fundamentalist and trade like a technician" quoted. Unless you are more tend to be a value investor.

high margin biz,lower interest,make better profit and pay down the debt,furthermore might have cash on hand, then can pay div/buy back share? Alternatively, can support another jack-up rig? just my guessing

Perisai is now in the stage of undecided i guess as investor trade very cautiously with buying in a very short range. I think by reading the recent corporate action and research reports,investors aren't sure whether the corporate action is good or bad to the company. So,instead of taking the initiative, they rather wait and see how others doing(buy/sell). however,i was thinking that its a good sign for Perisai in a long term. The management choose to focus on high-margin work and dispose a less-margin ones(in which the contract expire on year 2013). With that, gearing level can be controlled as well. Its a better and wiser choice than if the company reluctantly borrow debt and stretch the balance sheet to the cap of 2.0 gearing ratio. Like someone said, "the management knew what they are doing". Putting those external factors aside, i think its a positive growth for the company. just my 2 cents... not a good analyst anyhow. sorry if i stated something wrong..

whats your target price?

As for me i think its a positive news for Perisai in a long term. If a company can do well and have free cash flow, it can buy back the shares and maximize the shareholder's wealth. The dilution now is treated as short term effect especially the acquisition of FPSO unit provided a high-margin project(which the dilute of EPS will be offset partly). Just my view please correct me if there is any wrong! Thanks..

for my opinion, 1.07 now is a strong support. the further support will be pegged at 1.03

Well, i started to love this forum. This kind of discussion is so beneficial. Thanks all the sifus. Appreciated a lot

Thanks cwkhor! Review back, someone has been saying that buying in a downtrend stock is like catching a fallen knife as cheap can easily become cheaper, however our bro kcchong has a different view on it. Perisai is in a short term downtrend,for those with tight capital, its better to enter when price has been stabilized. At what price will be the great support? Do you mind to share? thanks.

Hi Carlo,Thanks so much for your explanation. So in this case, instead of stretching the balance sheet and increase the gearing, the management choose to sell down the stakes and issue new shares to finance the deal,is the management considered good or what? Thanks!

Hi Usry,thanks for your value opinion also. Currently have nil position but would like to follow up on this counter and learn something. :D

hi carlo, sorry i am still a newbie in investment. what u mean is, even theres new issued share which may dilute the eps but in this case, the acquisition of FPSO unit also increase the earning, so theres no dilution in EPS?

cwkhor,please further enlighten on your statement of without losing EPS? i dont get it as issue of new shares will cause dilution. Thanks!

the looming of GE13 should be considered as market sentiment is very important?

thanks for the info

can i have the source?

today market currently hits the lowest at 1.07. who is still holding this share firmly? any advice?

Amedia has been trading within 0.375 to 0.415 range in NOV. So how if we catch the bottom and dispose on the top? is this method can be materialized? Some advice please. Thanks!

Welcome MatCendana. I am just sharing some info only as i think its relatively good compare to other platform which i have been used before.

As for me Malaccasecurities is fairly good. put the low brokerage of 0.05% or minimum brokerage of RM8 aside, the platform provided a wide range of features especially after the recently upgraded!As FA part it is very comprehensive, you can almost find all you want inside it eg: changes in shareholding, financial statement,company overview,stock screener, financial ratio,entitlement and etc. As for TA there are varies time frame of live chart provided with over 20 indicators(not sure the exact number as we dont use all). I have been using it for some times and think its is very good, and as i know they are having promotion now(not sure until when), the brokerage is even lower.

whats the current support level ?

Hi cwkhor, has the earning prospect from the FPSO contracts been factored in to calculate the expecting net gearing?

However,qualitative issue like corporate governance is what i overlooked. Might need to review on this counter again. Thanks!

Well i do think that those recommendation from IB is influential. From news,we know that Petronas is stating that in the next five year there will be CAPEX of 300billion if i m not mistaken. For me i am more into sector playing, as u can see where some of the O&G counters are soaring due to the contracts awarded and the positive growth on this sector(however bent oil is kinda volatile). As for why i choose perisai is due to its growing potential, which is so much uncertain yet. But the profit spike on this year due to the good earning from securing contract like OSV,pipe-laying barge and the MOPU makes me think that as long as the company is able to generate income they soon can pay off the debts. anywhere its merely my "fantasy thought" perhaps. To be true thanks so much for you to further enlightening. I do have a better picture when it comes to analyse a company. Thanks and appreciated!