Posted by ckinsg > 2012-08-11 12:40 | Report Abuse

It's confirmed... The mgo news is fake n it is a trap... So next mon all the sorhai will suffer n incur huge losses especialy those sorhai tat bought thousand lots of call warant that eventualy wil bcome paperless!!!! So instead of hoping to get duit raya, now these sorhai oredi become santa clause distributing money... Ha ha ha

Posted by tarzan67 > 2012-08-11 12:42 | Report Abuse

u read investlah la, got sorhais load up ca at 16c hoping it will double next monday. pls go klcc tower and rescue him if u r kind enough.

Posted by tarzan67 > 2012-08-11 12:43 | Report Abuse

0.5cents they dont want to buy, at 16cents they chase. and expire in 2 weeks.

Posted by tarzan67 > 2012-08-11 12:49 | Report Abuse

ck, the problem our malaysian, and thus our stock mkt, is that when low low price nobody want to touch it, hence illiquid and dead coma mkt, once the shark start engine. all chase like hell at watever price. and hope for it to double even at rocket price.
if msian is not greedy pig, then what else?

Posted by ckinsg > 2012-08-11 14:06 | Report Abuse

Ha, the call warant realy expired in two weeks ka?? From 0.5 sen, fly until 16sen, over 3000% they oso want to chase ka?? These r really gready mad sorhai!!! Ha ha ha

Posted by Mat Cendana > 2012-08-11 14:26 | Report Abuse

Chuchu: These shareholders will have to declare whatever that they buy or sell and BSKL will publish the transactions. We will know soon enough.

Posted by Mat Cendana > 2012-08-11 14:32 | Report Abuse

"Securities Commission should throw the book at The Malaysian Insider"
http://anotherbrickinwall.blogspot.com/2012/08/sc-should-throw-book-at-tmi.html

Posted by KC Loh > 2012-08-11 14:38 | Report Abuse

as well as the E&O chairman i might add!

Posted by garyyoupe > 2012-08-11 15:18 | Report Abuse

I do agree with Roof, when he said buy at a pre-determined price and sell at a fair price or % due and not just buying blindly. There is quite a few buying in at above 1.90 and come Monday if it plunges, I really pity them. Or maybe not as they have been warned.

Posted by garyyoupe > 2012-08-11 15:19 | Report Abuse

Batman = BADassMan

Posted by vince > 2012-08-11 15:26 | Report Abuse

Maybe investors can put up a legal case against whoever publishes the news for loses incurred which could involve many parties???

Posted by tarzan67 > 2012-08-11 15:29 | Report Abuse

why not blame the ppls who chase on greed? why only all blame on media when it turn otherwise? if this ppls who chase at high and really have GO , they make, would they blame the media? or give credit to media? NO. they tell ppls they have foresight, like tonyxxx, and tell ppls they have the guts. braveman. sorhai malaysian.

Posted by ckinsg > 2012-08-11 15:38 | Report Abuse

totally agree with tarzan... sorhai is always like that... cant accept the truth n always try hiding and blaming...
stock market is like that ma... like cantonese saying "want to eat salty fish, prepare to tahan the thirst" ha ha ha

Posted by vince > 2012-08-11 15:42 | Report Abuse

Media should have its responsibility to the public when making a report, not just plucking from the air. Could it be an April fool every day? Who should one trust come getting news? Only from coffee shops?

Posted by ckinsg > 2012-08-11 15:45 | Report Abuse

ai ya.. frankly speaking, yesterday i oso dun know the px surge of e&o.. by the time i knew it, it was oredi 18+. At that time, i suspect something wrong... How come it surge almost limit up? Wat is the great good news that make the stock sky rocketting?? After the close, then only i knew saying sime darby want to mgo of E&o...
Let me tell u la, if sime darby really want to mgo of e&o, they will accumulate the remaining shares in open market day by day.. so the px of e&o will up gradually until it alomost reach the mgo px then only sime darby will make an anouncement.
You think, in almost one hr time left before the market close the px surge 20 over percent, sime darby only start fighting to grab the shares ka? Pls dun be so naive la, sorhai!!!
MAKE UR OWN JUDGEMENT ALSO, DUN SIMPLY SIMPLY BELIEVE TO PPL

Posted by tarzan67 > 2012-08-11 15:46 | Report Abuse

v, who taught u to trust the media? school isit? in real life we only trust our own judgement. only sorhai trust what they learned from school. hahaha.
in a perfect world, not only media must responsible, govmen also, society also, yourself also, in tat case, then stock price cannot move liao? all nakedly show u. then how u play stock mkt?

Posted by vince > 2012-08-11 15:51 | Report Abuse

It is not a matter of naive or believing, it's the responsibility of a media publisher. Can CNN or WSJ just publish something from nowhere? Not considering whoever gains or loses, the main gist is why fooling the public around?

Posted by tarzan67 > 2012-08-11 15:52 | Report Abuse

v, let me guess, u r only 18yr old...

Posted by ckinsg > 2012-08-11 15:53 | Report Abuse

ya true... these sorhai is still naive and cant accept the truth n the worst never learn from mistake...

Posted by tarzan67 > 2012-08-11 15:56 | Report Abuse

these sorhais need to be spoon feed. somemore u have to open their mouth for them.

Posted by vince > 2012-08-11 15:59 | Report Abuse

Both of u still not getting the point. I am actually telling the people behind the scene that they are fooling the public for their personal gains.

Posted by ckinsg > 2012-08-11 16:05 | Report Abuse

v, u r sooo naive... no wonder these shark soo easily to bite u in their mouth...
they can sweet talk watever they wan, just to get u caught... u HV TO MAKE JUDGEMENT WETHER IT IS POSSIBLE TO HAPPEN OR NOT IN JUST OF A SUDDEN LIKE TAT .....

Posted by vince > 2012-08-11 16:10 | Report Abuse

barking at the wrong trees.

Posted by tonylim > 2012-08-11 16:47 | Report Abuse

Vince, go for a stroll better
dont waste your time

Posted by Mat Cendana > 2012-08-11 16:51 | Report Abuse

vince: That's true. Can one be blamed if he suspects the motives of the people who had put up the story? They *know* that many can be driven to buy just on rumour and that more will join in when there's movement. These happen last Friday.

(1) Why didn't they verify it with the SC first? Is it because they know that the SC will reply with exactly what it later said to The Star; which will result in a "no story"?

(2) The timing - they could have easily posted the story after market hours or on a weekend. This way, people will have the time to seek out the truth. It's not exactly an urgent story. But the fact that they chose to do so on Friday afternoon and without verifying with the SC raises questions. This smells of malice and a conspiracy to con speculators and make huge gains for certain people. Who are these people??

Posted by garyyoupe > 2012-08-11 17:31 | Report Abuse

Guys I suspect there will be a double gain for this situation. Ie putting this news up and then sell which I believe they are hopping to hit RM2 b4 the real news gets out and allow it to drop to the core b4 the actual new of the MGO. SC can say they dont agree but the court's rule maybe something else. Maybe even cashing in 3 time after which the court ruling will be challenge and failed. Hmm something to think abt

Posted by KC Loh > 2012-08-11 17:43 | Report Abuse

Gary, from my understanding of court matters, judicial review means a decision had been made previously favoring SC (what else!? !). This review is requested by a minority group led by this Chinese lawyer if not mistaken. SC is holding firm that Sime need no go into mandatory general offer.

The lawyer's claim is sime's previous purchase is indicating they are on a move leading to MGO. This is difficult to prove! From my 2-kupang view, SC already has the upperhand because they have records and if you stick to the existing laws, the appeal court will have to follow suit. This is because setting a precedence on "reading movements" is both very "leading" and very difficult to establish.

My unlearned view about judicial matters tell me the review will favor the defendant and not the plaintiff!

Posted by KC Loh > 2012-08-11 17:46 | Report Abuse

But in saying so also, I do salute what this minority group is doing. This group, especially the lawyer, probably has spent a fortune, knowing how a judicial review work. We have no minority watchdog group which could lobby against these opportunists , and that to me is the biggest downfall of our bourse system!

Posted by tonylim > 2012-08-11 18:14 | Report Abuse

gary,

That makes two of us compared to the hundreds expressing their anger and curse over the debacle. A contrarian view to see opportunities to make some money over the hoo ha

When the dust has settled perhaps can go for some exposure, I see a Wan Azmi there.

Posted by tonylim > 2012-08-11 18:16 | Report Abuse

BTW I am very new in this i3 forum, entering the market 3 weeks ago for six months period to ride of an impending bull run

Posted by garyyoupe > 2012-08-11 18:16 | Report Abuse

KC the lawyer is Shafee....sounds familiar? Yes its the Shafee

Posted by tonylim > 2012-08-11 18:18 | Report Abuse

Acting for SC or minority group

Posted by Mat Cendana > 2012-08-11 18:20 | Report Abuse

Gary: That is definitely worth pondering. As traders, our main focus should be on this: "How do we benefit?" It sounds selfish, but if we don't take care of ourselves and our interests, who will? The SC? Banks? Political parties? Nope - *we* do it and protect ourselves.

Most likely the E&O will duffer a drop next Monday. Until what level? If it is near its previous price of around 1.50 or so, maybe that's a fair price to comer in. That judicial review - it might well turn to the minorities' favour.

Posted by Mat Cendana > 2012-08-11 18:23 | Report Abuse

Phew! Quite a number of typos on my part. Sorry - in a hurry to get things for buka puasa and don't want to wait until later to type the comments. Might forget.

Posted by tonylim > 2012-08-11 18:26 | Report Abuse

Mat, wind down.
Selamat berpuasa ye

Posted by Knight > 2012-08-11 19:44 | Report Abuse

so monday E&O still can in or will drop?

Posted by KC Loh > 2012-08-11 20:42 | Report Abuse

i stand corrected if its shafee, a malay lawyer then!

looks like MC is involved in E&O :) when told him about safe Digi, what did he do? refused to listen, right? and selamat berbuka puasa to you too, mat! hehe

Posted by weiboy90 > 2012-08-11 20:42 | Report Abuse

mostly the share price will drop.
news about E&O: http://biz.thestar.com.my/news/story.asp?file=/2012/8/11/business/11839560&sec=business

Posted by garyyoupe > 2012-08-11 22:22 | Report Abuse

Shafee is lawyer for Michael Chow the minority and not for the defendant. Ponder on this ! Why such a BIG name for this?? Fight till the end or a show political strength?

Posted by garyyoupe > 2012-08-11 22:24 | Report Abuse

Or is there a true hand behind this? Either way play it safe if you know what I mean.

Posted by tonylim > 2012-08-11 22:30 | Report Abuse

I saw names from TS wan Azmi and kalimuthu boss of ecm.
You figure out

Posted by tonylim > 2012-08-11 22:38 | Report Abuse

I bought 170 ~ 1 7 5 sold all at 192 limit up price.bought again at 1.7 5 and sold again at 1.8 5 ~ 1.9 0. No open position.

Might look again on Monday if counter not suspended

Posted by Roof > 2012-08-11 23:44 | Report Abuse

Gd play Tony.

Posted by ckinsg > 2012-08-12 00:03 | Report Abuse

Tony, if u play like tat.. 1 day u wil eventualy get caught...
Sepandai pandai tupai melompat, akhirnya akan jatuh ke tanah juga...

Posted by tonylim > 2012-08-12 00:53 | Report Abuse

Ya. I can afford to lose or to hold after all it's e n o.

There is some very good fundamentals in the company.

Other wise sime won't buy rm 2.3 0

Punting warrants is totally different

Posted by ckinsg > 2012-08-12 01:32 | Report Abuse

Jgn leka.... If u can win a lot, u can lose even greater posibly 10 fold wat u won bcos of ur greed... Ha ha ha

Posted by tonylim > 2012-08-12 01:55 | Report Abuse

No further comments.

Have shared with you my thoughts ofthirty years in Bursa

Posted by tonylim > 2012-08-12 01:56 | Report Abuse

Btw no need to give unsolicited advice

Posted by Eagle95 > 2012-08-12 02:04 | Report Abuse

Bro tony,good play in this counter.this is a good fundamental counter,so sad I sold too early.monday I think will go south..monitor..

Posted by Eagle95 > 2012-08-12 02:35 | Report Abuse

The mgo news is fake,mon morning open prices will go south,especially ca will drop like Lao sai...