EGM tomorrow

Shines kor, washing machine also rosak? Jialat, got to pay for repair.

Averaging.

Invest for mid long term. Speculators will hurt themselve and the market, they earn $ from creating panic selling by contra players and buy back at lower price. Real investors won't do this but traders yes (try to sell high buy low to earn from the price difference).

Avoid contra then their trick will not come true. Let them song sendiri to shout to sell down in fact they want to collect at lower price.

@eagle77
Yesss…people normally after sold will post down comments but after bought will post up ⬆️ comments 😂😂😂

Well said, "some of them" may do that. Normally they will shout to sell so that they can buy lower.
If they already bought, they will shout to buy, so that they can sell at higher price when weak ear fellows got affected and influence by them.

U r great.

No offense.

My2c view same as Eagle77

All investors, beware of. Do not greedy.

For mid long term, it is still bullish uptrend for MR CB.

Investors are collecting them on dip.

No need to shout due to DJ drops and bad sentiment.

Short term surely affect by those speculators who intentionally block as sellers and throw down their shares to buyers to create "fake" sell down pressure. Reason: they want to sell high buy low (buy from contra players, contra players loss to them, they win $ from contra players and TA guys they are some of the people who draw the chart, day high, day low, and volume, buy and sell are the same group of people, sell high to press down and buy back at lower on the same day, or even buy back at the same price if contra players r less to be fooled).

Mid long term it is still good for investors.

So, avoid contra. Then their tricks will NOT come true, and you are safe and you save the $ for later use.

Do not punt, do not speculate, do not contra.

By the way, weeks ago (pre budget day), when it was pushed up to 495 500, many people kena a big time already as their chasing the price from 450 460 470 all the way to 490. All investors including contra players (punters) are now trapped and high price vs now 420 425. Contra players had loss a lot from this fake upside. Hihihi. I doubt those crocodiles how they bite investors. Why need to do like that to trick investors leh?

As long as we do not greedy, do not contra, we are safe from buaya.

Safe investment to all. Cheers.

My2c

Realrich,

If TA can let investors read and predict, then all TA investors can be very rich already. TA, the chart is prepared by the traders, speculators, punters, some are dare hero short sellers. They have the intention to sell their shares and buy back later (sell today buy back few days later.)

The volume is very slim. Due to poor market sentiment, investors do not buy on dip, or they are buying x% of their funds in stages, eg 5% per day, and continue to buy on dip until their budget fund are used up.

If like he said in the video? Draw the chart so nice oh? Wild guess game. He said if the share price to break below 730, then must run already? So, all contra players must be panic selling if they are affected by TA, short term sell down are due to contra players? And big block sellers park to sell at 735 740 745 750 755 760, these fake Q will create bigger selling pressure to make contra players or weak investors to continue to sell down (sometimes sell 730 and buy back 725 720 715 710 705 700 is one of their tactics to earn $ daily, and they could be market makers to create trading volume, fake trading volume may affect buyers / investors buying or selling decision. Market makers can buy and sell at the same price, or sell high buy 1bid lower, or sell low and buy 1 or 2 bids higher, these are normal to market maker).

The volume is indeed very slim. 24mil shares. Assuming most of the shares traded in a day are played by day traders market makers, say, 12mil , so little only. (Their commission is very little, make them harmless. But if punters or speculators are lured by them to hug their shares, they know how many % are sold to other investors regardless of punters or speculators or investors who will pick up and hold by T2).

Do not contra and feed the buaya. Let the buaya main sendiri, siok sendiri.

My2c.

And, that is one the reasons I love 1589, easy to main (by big guys, have to know and guess their tactics, old style only).

But due to 8.03A, I gave up since early this year, end up miss the big boat from 400 to 800 😥 (above 400 I stopped investing d, then they push up to 500, lagi jialat who dare to buy leh? They dare only, they set TP 800? U know we know why TP 800? Botak planned it, u know I know how it was played. After botak announced the merger proposal, then we know why it was pushed to 800. So, who win and who lose? Main winner is still botak and his gang. Losers are retails and punters/speculators, contra players cannot win forever, this is a fact)

My2c.

Shines kor, min 25%, so new proposal Botak Lim to all shareholders included one clause that is to apply for exception from Bursa loh. U can read Botak Lim latest proposal, mentioned there. I forgot how many pages, one of the pages contained that clause. Once the new proposal was accepted by shareholders, then it may come true loh. Else 15% is not fulfill main board listing requirement.

And, another important point is that, Botak also mentioned, this proposal also covered for 1589 punya Paragraph 8.03A (potentially to delist if he can't submit a good regulation plan, oh ya, Bursa has approved the new regulation plan for another 6months until next yr, oct + 6 mths).

So, all investors will be (are) eyeing for the acceptance of Botak new proposal from the shareholders. When is the due date? (1mth from the announcement?)

The above may not be correct. My simple view, may not be right. Kindly share if you have more info. Thank you.

KUALA LUMPUR (Oct 12): The negotiations on the potential reinstatement of five stations for the now 86.5% completed-Light Rail Transit 3 (LRT3) with the Ministry of Finance (MOF) are underway and could catalyse (), the project's main contractor, according to RHB Research.

Notably, in July 2018, cost reduction measures resulted in the cancellation of six stations.

Four years later, in the fourth quarter of 2022, Prasarana Malaysia approached on the feasibility of reintroducing these previously cancelled stations, except for the Persiaran Hishamuddin station, which could potentially be valued at RM1 billion.

Realrich, yes, 15% in public hands. That is why easy to push.

pang72, u r here. So, holding tight?

Dear Kim,
Ya. Left right, right left. Same as UEMS few mths ago. Hihihi. Big boys game

John, so all your c88 must already sold weeks ago then when it hit 140 145. Congrat.

R8 is good, good trader and short seller. Wish him all the best.

Investors, execute buy position with care.

Trading volume is very thin. Short term volatile and sell down by contra players on due date. Investors still have funds in hand may collect on dip. Traders got to be careful d. Hihihi.

Good luck to all.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3393335

18/10/2023 announcement

We refer to the announcements dated 25 March 2022, 3 June 2022, 10 June 2022, 22 March 2023, 19 April 2023, 20 September 2023 and the subsequent monthly announcements made by the Company pursuant to Paragraph 8.03A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).

On behalf of the Board of Directors of IWCity, Maybank Investment Bank Berhad wishes to announce that Bursa Securities has vide its letter dated 18 October 2023, granted the Company a further extension of time of 6 months up to 24 March 2024 for the Company to submit a regularisation plan to the relevant regulatory authorities.

The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of IWCity and to de-list the Company in the event:

(i) the Company fails to submit its regularisation plan to the relevant regulatory authorities on or before 24 March 2024;

(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or

(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities may suspend the trading of the listed securities of IWCity on the 6th market day after the date of notification of suspension by Bursa Securities and may de-list the Company, subject to the Company’s right to appeal against the delisting.

This announcement is dated 18 October 2023.

pang72, sold?

Shortseller may not be good, they may lose their uw too. 😂

Aim for new ipo listing? I remembered back to 2017, botak said will list the co within 7yrs? So 2023 is close to 7yrs d.

https://www.nst.com.my/news/2017/01/205717/ekovest-duke-listing-schedule

@scgcslsrw, don't like that. We don't laugh at people mah. We are all learning together. I appreciated very much John shared about how CW works about its expiry date and how to calculate In the Money and how IB pays cheques to investors etc. John, well done and indeed very appreciated your long explanation few weeks ago.

If it is still in the money, if by mid Nov the CB mother is still standing strong above 450. Then it is still quite safe, am I right John? I have no idea how IB issue CW.

In fact, I'm wondering, IB issue CW, at a price, let say RM 0.15, 100mil shares, with an expiry date and exercise price.

Who own these CW? IB itself? Those shares are in their hand? They have to fork out 15mil to take them? Or they only issued these shares and sell to the market without any capital?

If based on the example above (0.15 @ 100mil). So, then, on listing day, the price could be RM 0.05? Wow. Big loss straight away. Who want to take that 100mil @ 0.15? I guess nobody want. I'm not sure.

Dear John or anyone may share more tips about the above. All info and knowledge shared is going to benefit to all fellow investors. Thanks a million.

@M b,

True. Only real investors they love to make them stuck their $ in their hand so that they can have huge market capital for development? Idk. Same as UEMS last yr also the same, they whack down from 0.38 to 0.22 before they push up from 0.22 0.25 0.30 to unril now. What the..

John, u pay heavy attention to this bb oh. By looking at the trend, the mkt doesn't look good in short term.

Shines kor, idk also

Morning Kim.
And tomorrow is flyday. Lets go

Dear Rabbit bang. Oh. Wb overpriced, jualkan pun best choice. Tp wb anda yg bagi foc ya? Nice.

Wow

EMPLOYEES PROVIDENT FUND BOARD (EPF BOARD) (a substantial shareholder) disposed 22,988,700 shares on 13-Oct-2023.

John, hoseh liao.

Selling pressure and ping pong balls

Just now 0.435 touched abit.

Cuci washing machine as mentioned by Shines lot. Wow. Come true.

Rabbit, u ada cuci ah?

John, CW is like that when mkt is downturn. Support lesser and lesser esply near expiry date. Hope it goes up above 110 soon loh. That day hit 140 145 wow.

Amysee, yes. When it was at 390 also the same pattern. They purposely don't let the price go up. Investors love it, but OP purposely don't let investors earn a single cent. They want real investors to keep and hold for long term only.

Glove stock? I guess for investors, they will not even consider that kind of company. It is scary.

Shines kor, ha. MR CB becomes washing machine. In fact, many people kena from this CB, kena washed many times and no eyes see. Not sure when is her turn to open big and cheong to sky. Hope it comes true soon.

Volume is very thin. Price consolidation is normal. Golden chance for real investors. Not suitable for punters and speculators yet, as vol is low. Hihihi. 2c

Vol quite thin. Good for investment, not for trading yet.

Dear Kim, very true. Mkt won't go up every day. So take a rest for better tomorrow.

Pang72, it should be considering as healthy consolidation. Many benefits from this pattern. Eg. Investors will gain from the mid long term development (landbank), flush out speculators and punters, and so on. Once it hit below 800, it will slowly or quickly rebound back and stabilize around 800 and above, and vol is thin (not more than 50mil and 100mil shares exchanged hands). Previously, those big block of shares from Urusharta (UH), still no news yet, once those shares are returned to UH, it will suddenly become substantial shareholder again. Hihihi. Quite fishy.

Shines kor, ya. Investing is fun.
Remind punters and speculators, it is dangerous. Win 10 times, loss 1 time already can go longkang.

newbie9893, if I'm not mistaken. U sailang cb-c88 right? Together with John. What's the plan leh?

@STIDVC, sacrifice so much oh? Ball also sold ? 🤣

Usually fund is limited. How to buy more and hold leh.

Rabbit kor, betul?

Shines kor, right? 🤣🤣😭

Dompeilee, oh. Good explanation.

Cmiko, chance to buy already?

Shines kor, u are so skillful, very solid. Sell high buy low. I didn't manage to take profit last Friday, sayang leh. Hihihi

Volume quite slim

When red. All takut.
When green, all bullish. Adoiii

Shines kor, u siok already. Can get 0.52

Shines kor, oh, below 1.00 is 30sen oh. Tq for info. I nvr imagine for limit up, daydreaming may be can. Haha

Oh. Collecting?

Gm Rabbit. Terbaik. Go

Fensiang, limit up need 30% leh, so hebat ah? 0.48 x 30% geng oh. Terus hit John target oh. Power.

@STIDVC, refer to this post? https://klse.i3investor.com/web/blog/detail/rhbinvest/2023-10-13-story-h-217856498-Trading_Stocks_Malaysian_Resources_Corporation

RHB again? Few months ago, RHB said 5148?
Now, RHB said MR CB? So how oh? We are not sure what is the TPs too.

Oh dear Shines kor, sell high buy low oh? Skillful.

Oh shines kor got lots of cash in hand oh. So good. Admire u