Posted by tommylou > 2012-10-29 17:51 | Report Abuse

Possibly

Posted by tommylou > 2012-10-29 18:10 | Report Abuse

Passerby, so far it's going down 1 cent a day or two.......buy Fri if you feel lucky hehe

Posted by passerby > 2012-10-29 18:30 | Report Abuse

you are also targeting end of this weekend to make move ? :)

Posted by tommylou > 2012-10-29 18:44 | Report Abuse

Whichever comes first 1.60 or Friday :)

Posted by Ken Loo > 2012-10-29 22:44 | Report Abuse

i trade with graph, 1.62 is the 20 ma support.

Posted by tommylou > 2012-10-30 10:04 | Report Abuse

ken I think will fall below 162 if no further indication...

Posted by passerby > 2012-10-30 10:28 | Report Abuse

sime road block at 9.8 disappear after so many weeks

Posted by tommylou > 2012-10-30 10:38 | Report Abuse

Bcos EGM on the 8

Posted by tommylou > 2012-10-30 10:51 | Report Abuse

Look at the buyers they are back !!

Posted by tommylou > 2012-10-30 10:57 | Report Abuse

Will stick to my 160

Posted by diablo88 > 2012-10-30 11:16 | Report Abuse

you know why no one answer because you all are asking the same question again and again and the answer is going to be the same again and again :) So stop asking...

Posted by passerby > 2012-10-30 11:26 | Report Abuse

my land mines are ready, waiting for the tiger now :)

Posted by tonyliupar > 2012-10-30 11:29 | Report Abuse

passerby $....

Posted by passerby > 2012-10-30 11:31 | Report Abuse

make sure the date remain tonyliupar :), it gonna be check mate for the tiger

Posted by Mat Cendana > 2012-10-30 11:34 | Report Abuse

passerby, it's about time Sime moves up a bit. Most of the other index-linked counters have been doing okay but Sime is a laggard. The E&O "GO or No GO?" case has been a drag - don't know which way it will go so I hope the hedging experiment works. If Sime does have to make a GO, it is huge enough to afford it. The mother would be affected somewhat but I don't think the CR will go down that much - 0.03 at most...? Whatever paper loss I might make should be offset by the rise in E&O's CW.

Another factor that will affect Sime is its AGM (on 8 Nov if I'm not mistaken). I'm flabbergasted that Datuk E. Sreesanthan, who is being charged with insider trading, has offered himself to be re-elected as a director! He had previously said he will resign pending the cases, which would have been the right thing to do. But now he's changing his tune with the "Innocent until proven guilty" line.

Sime's major shareholders, especially PNB and EPF, will have to do the right thing and vote against him. By doing so, there will be some hope of proper corporate governance in Sime and thereby attracting institutional investors, especially the foreign ones. Sime is the type of counter where retail investors are almost totally powerless to affect any meaningful movements in its price. The best we can do is to try hitch a ride with the big guys.

Posted by passerby > 2012-10-30 11:48 | Report Abuse

MC: you are conscious about the article also :),I like the theme of "proper corporate governance" . Do you feel the article is actually turning 1 big round to give a slap on Sime & SC face ?

It was mentioned that their practice will be use a the benchmark for "good/proper corporate governance" by other GLCs

What they did on E&O last year is consider good corporate governance ? CLSA is dropping the bomb on that issue.

Foreign investors are watching & observing their "good corporate governance" practice , lol

Posted by tommylou > 2012-10-30 11:55 | Report Abuse

Why am I not surprise the parrot is back hehe

Posted by Mat Cendana > 2012-10-30 12:14 | Report Abuse

The E&O deal last year left a sour taste in the mouth even for those who don't have its shares. The 33% point may not have been triggered but the cynical manner in which only selected significant shareholders were involved had created a lot of anger and resentment.

The article - do you mean the one in The Edge weekly? The writer had raised a lot of pertinent points and I hope the media and the influential bloggers would help focus the attention towards them. Come to think of it, all of us have a joint stake in Sime considering the shares PNB and EPF holds. And that's not counting the others like Tabung Haji etc. too. So much wealth and potential under the various divisions of Sime but these aren't properly utilised.

Posted by passerby > 2012-10-30 12:21 | Report Abuse

I see, I'll treat the "sour taste in mouth" = bad corporate governance :)

Posted by tommylou > 2012-10-30 12:36 | Report Abuse

Maybe the parrot who as a 88 behind SHLD b a 69. Ha

Posted by tommylou > 2012-10-30 12:46 | Report Abuse

The parrot aka diablo 'double 0' 69 (no more 88) say the reason no body answer Ur question is becoz you all are asking the question again and again...............aiyo this is coming from the parrot who repeats all the time fr his master and now screwing the general public......

Posted by tommylou > 2012-10-30 12:46 | Report Abuse

Why lah...

Posted by tommylou > 2012-10-30 13:09 | Report Abuse

Tony liupar tell me again why you want to benefit the forumer? I bought once listening to your instruction ( no contribution but just instruction) and the stock went down 3 weeks alredi.."..I just need some confidence fr you .....

Posted by batman > 2012-10-30 14:24 | Report Abuse

Tommy, you have caught the last wave.....wait for sandy to clear

Posted by diablo88 > 2012-10-30 14:36 | Report Abuse

I said it again tommylou, that is because your wisdom is not there to understand what people are discussing. Your screwed yourself and not others.

Posted by tommylou > 2012-10-30 14:42 | Report Abuse

Hey Parrot69... Who is screwing? U are the 69... Haha. I thought you POSTED SO LARGE that your sifu said GO in SEPTEMBER. ??? Who is the dumb one? now October boy... You know how to read calendar?? sept comes after oct for you?

Posted by tommylou > 2012-10-30 14:43 | Report Abuse

Hey Bat, welcome back.....just saw you ...not riding this wave unles 160 hopefully!

Posted by diablo88 > 2012-10-30 14:43 | Report Abuse

you lose a lot of money is it? :) Serve you right..mengamuk pulak

Posted by tommylou > 2012-10-30 14:45 | Report Abuse

Parrot I sold at 167 weeks ago. now is 163 how to loose money.. Read my earlier comment lah dumbo....no wander you have to quote everyone but yourself

Posted by diablo88 > 2012-10-30 14:46 | Report Abuse

good..once you sold the share will go up coz you jinx

Posted by tommylou > 2012-10-30 14:47 | Report Abuse

What is worse than being a Parror is being a dumb one.....some ore ask ppl to hold until 2.30. The 230 is only for 6 mths after Sime purchase....

Posted by tommylou > 2012-10-30 14:48 | Report Abuse

Wasn't that you Parrot asking ppl to hold to 230. Do you know how GO works??

Posted by tommylou > 2012-10-30 14:51 | Report Abuse

Again Parrot, that was bother dumb statement, I sold it weeks ago and e share has not gone up.....aiyo where to find such dumb bird

Posted by batman > 2012-10-30 15:23 | Report Abuse

Based on my observation 165 barrier is created earlier for some reason. Not that it cannot pass...

Posted by batman > 2012-10-30 15:26 | Report Abuse

Feels like a recoil.....

Posted by jtpc2006 > 2012-10-30 16:39 | Report Abuse

whether GO or no GO, still good to buy.

Posted by passerby > 2012-10-30 22:20 | Report Abuse

hi batman, long time no see :)

what is recoil ?

Posted by batman > 2012-10-31 09:38 | Report Abuse

Passerby, wound very tightly.....if you remember I mentioned that this stock cannot stay the same price for too long and will drop if no movement....it has sustained for too long now and the drop has been very moderate thus far....if wound to tightly, the spring will break or it will have a lot of momentum springing forward soon. I believe the latter will happen ......

Posted by batman > 2012-10-31 09:45 | Report Abuse

The question is whether how EO will position the announcement to get the optimum buy in.....

Posted by diablo88 > 2012-10-31 09:56 | Report Abuse

since tommylou already offload, I will buy more! coz he jinx

Posted by tommylou > 2012-10-31 10:16 | Report Abuse

Aiyo DOUBLE BLOW 88 I cannot help dumb ppl.....told you I was alredi out 3 weeks ago ......can you explain why still dropping?? Cannot right! Just as I thought.....you only can mimic other ppls rationale...

Posted by tommylou > 2012-10-31 10:18 | Report Abuse

What happen to September GO your sifu told you....Double Blow 88.?

Posted by diablo88 > 2012-10-31 10:18 | Report Abuse

you tin kosong only.... drop your ass...those who follow you only going to holland.

Posted by passerby > 2012-10-31 10:19 | Report Abuse

guys....chill up, don't quarrel not good for health

Posted by diablo88 > 2012-10-31 10:22 | Report Abuse

tommylou is just a speculator..no interest in arguing with him. He cannot even understand the fundamental of stock market.. small kid

Posted by passerby > 2012-10-31 10:24 | Report Abuse

aiya, watching you guys arguing, sekelip mata, E&O-CE kena sapu, haven't even manage to key in queue...

Posted by tommylou > 2012-10-31 10:30 | Report Abuse

Who doesn't understand stock market......the one who ask everyone to hold at 2.30 for GO? Read my advice or rather consultation free for a parrot,....230 is valid 6 mths ...UNDERSTAND....after which it's the next avg with 20% premium again...so 230 is NOT obligation....UNDERSTAND,,,,,:)

Posted by tommylou > 2012-10-31 10:33 | Report Abuse

Tell lah parrot...what happen to September go? Cannot is it...looks like everything also cannot.....what investor are u?

Posted by tommylou > 2012-10-31 10:39 | Report Abuse

Have own view Parrot....don't know must admit ....

Posted by diablo88 > 2012-10-31 10:42 | Report Abuse

you small don't talk..make your few cents by following others then shut up. You don't know what you talking about.