I hv mentioned many times this stock is not for everyone especially those unfamiliar. To begin with I gave two tips, one was Fitters and the other was that it works reverse in E&O due to the facts that I shared earlier (I won't repeat again.) the stock is very technical and exact played by investors here. Example closing before the ex was 2.48 and opening on ex was exact at 2.25. When a person sells right before ex, he has got no warrant while those who sold at 2.25 or there about would enjoy the free warrant absolutely free. Got it?
Some people owned the stock therefore their opinion could be biased towards one side... We dont talk about very long term but just open up the 6 month chart, let the data speak for itself..what you see? in last 6 months this stock traded from $3 to $2.08. so what is the message? yes, currently a downward trend...so what is the game plan you should adopt in this kind of stock? how is the latest news and economy that going to influence? what is the opportunity cost for holding? Think..use your a to think... i also won't repeat again...btw i do not hold any EO at this time...but it doesn't mean i will not buy in future, if it further break into my desire price.
There you go ....blind burger talking again. Btw is the sesame seed on the burger actually the eyes? Nah it can't be because he always quote from the newspaper, the website or picking static numbers like rm3 to 2.08 from the price range
If he had understood the counterJust to give an example of playing reverse. Btw calculate for yourself...the price went up to rm3.18 mid July 2014. Most have sold partially at rm3.08. They only need to hold from May 2014 the price was at 2.2x to 2.30. A clean 70cents in 3mths period.
The price went down to 2.04 in mid of Dec 2014. Terry collected I believe at 2.06 3Million shares and a reversal ensued. The price then went up and touch 2.60 however most sold at 2.55 on January 2015...another hefty 50cents.
I m only giving a short example from mid May 2014 to mid Jan 2015 to make 70 + 50= rm1.20. So what is the holding cost the blind burger is talking about????
Hope now ppl understand from the example of 9mths above covering rm1.20 profit playing reversal while text book geeks quoting from static numbers like cheeseburger can continue to do so, I hv said many times E&O is not for everyone. I m merely highlighting and giving the correct perception. Nothing more BUT for the burger, looks like sesame seed for eyes is not enough
If we go exactly 1 year ie Jan 2014 to Jan 2015 at a glance its 1.9x (Jan 2014) to 2.0x (Jan 2015) . However if you look in between, there was 1. 3 major fluctuation 2. Dividend 3. Bonus 4. Free Warrant
For simplicity base on selling when crossing the psychological RM3 and not absolute margin play, margin can win you 2-3 times more if play correctly with each receeding wave. Assuming you hold 10 lots (10k shrs) 1. From 1.9x (Jan 2014) to 3.08 (actually peak was 3.18 in Mid July 2014) - Profit = RM1.10 (conservative) * 10 = RM11k 2. Dividend 2014 was 3cents , anoth RM300 3. Assuming conservative play ie buying a day before Ex-for Bonus and Warrant The price was RM2.48 and Selling it at RM2.2X on ex date maybe losing 1 to 2cents - Profit = Negative 200 4. Warrant assuming 40cents...10k = 2 free lots - Profit = RM800
Total Profit = 11k + 300 - 200 + 800 = RM11.9k Capital assuming conservative for the 10k lots (ie higher of the 1.9x = 1.98) = RM19.8k % Profit over capital = 11.9/19.8 = 60%
Check the actual numbers for yourself and see if I m correct or wrong. For those who play with the 30% rule of selling and then buying back will profit even higher.
How many times did Saturn made promotion and you end up losing money ? I have bad experience before with his daily promotion in Tropicana. So when I saw his promotion in E&O I made a bet that similar fate will occur and I was right.
I can tell you for certain next week they will announce the Free Warrant listing and quote grant. 2 to 3 days after that it will be actual listing price in market. I hv given all the examples to play Bonus now you hv to think for yourself moving forward. To date I hv shared in length 1. How to watch the queue in trading and buy pattern to understand who is playing in market 2. Method to play the market especially E&O (remember the 30% of holding to trade) 3. E&O specific information 4. Specific example of what to expect and live example of Free Warrant and Bonus and very key the investment house and a counter that just did the similar exercise 5. Market movement - I mentioned in October, that market is clear towards 2015. After which DJIA S&P a was rocketing but unfortunately KLCI was declining. While most said oil was a problem, I told you declining oil was a blessing. Why? Because if oil was good, remembering that we are exporter, and Petronas does well ie more than RM110billion yearly revenue, does the citizen get anything? Answer is NOTHING and inflation continues to go up?...but when oil goes down, all businesses benefit and not only OnG. So think abt it again 6. I also mention similar to the cessation of DIBS in Dec 2013 where there was a rush to buy property before the cease, there should be another before GST
There are more but read carefully. Market is not about TA and FA alone, it's about balance and it helps knowing the balance.
Malaysia market decline because of foreign investors. Not only foreign investor in market trading but Developement investors. Those are the ones that affected the market despite our weak ringgit.
Burger is indeed blind. Today is listing of bonus...shows he does not know what happen when bonus is in and he laughs at price dropping.. I must be talking to a retard or newbie. If I m an ass, cheeseburger must be the hole.
I wonder who was the one who quoted CIMB say RM25 billion GDV a and got all excited and the same retard says he didn't buy in. If bought in and just do 2 thing ie sell at 3 and buy back before ex....60% in pocket. But watch and comment...retard at his best...hahahah
When I told ppl to buy Axiata years ago, they say without TM, they will die. When they did their right at 1.80 they say I was dead wrong to call for a buy. When I say Jamaluddin is a leader they say it was fluke he achieved in Maxis. They say global business cannot sustain with too many competitor. When it went pass RM3 they say impossible to move pass rm4. When hit RM5 they say someone will buy. Now the counter is pass rm7. What say you?
Well Hammersmith is still a distance away from Central London if you have been there before. The office demand in London is weak as most of the major investment banks have announced major job cuts. In fact, a few new office buildings near Bank station have stopped work or postponed. They have certainly overpaid for this acquisition.
By the way. Sime sold 10 percent back to Terry because they have doubts about his commitment to the company. Thats what my friend in Sime corporate strategy told me. You are correct. He spends most of his time in London and jet set back and forth in Singapore Airlines A380 first class suite. The shareholders have been feeding him well considering his plump physique
now no more "assume" in your reply....that's good. At least you learnt fast. Mr Ass Dont assume. Take that as your first lesson in life, if your dad never teach you this.
I hv told all not to buy this counter if u don't undertsand. Burger is angry because he wants to buy but I gave red light. Ask urself why is he angry when he does not own the share as he claim, then ask yourself why is he angry if his information is not accurate reading directly fr the papers, answer is he want to buy in but he is afraid and he want moral support before he buys. Again for him alone I say DONT BUY. TOO DANGEROUS. STAY AWAY. It's worst when someone ask why the share fall and not understanding (.today) it is the day the bonus went in, then I say better don't play the market. Stay home lock your doors and keep ur money under the pillow.
I also thought E&o lousy counter and agreed with Tan5995. After check on Fitters as recommend by Saturn because HLIB also found the answer there. I sold earlier too mistake. Not defending anyone but the assumption by Saturn is only on the number of shares but the prices are real and lower. If he use all real peak price when selling he would make more than 60%.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tan5995
230 posts
Posted by tan5995 > 2015-01-21 22:37 | Report Abuse
Dear All, Don't highly expect this counter