The desire to gamble is inherent in 80% of Share Market participants. There were lots of buyers going in and out of Transmile when it plunged from RM15.00 to Zero.
And there were many buyers up to the very date of bankruptcy for Patimas, SAAG & others.
On Rumour that a White Knight from Middle East taking over MAS - price rebounded from 15 cts to 25 cts. I already warned that it will be a dead cat bounce like Kenmark.
The fundamental of MAS has deteriorated by the dominance of other more efficient air lines. And the inroads of budget airlines into many areas left MAS' profit high and dry.
It was the unending hope in POS & Robert Kuok being Major Shareholders of Transmile that trapped many trusting naive people into total lost.
Will the M'sian Govt save MAS? Most probably yes since it is Our Pride. But will all shareholders get a hair cut?. Will you also chip in by taking a haircut and get say 1 share for 10 to help MAS?
If you want to stay here and do charity work for MAS then by all means stay. All Malaysians will truly thank you for your nice gesture. However, if you want to make some money please go to Mulpha Forum site. You will be glad you did.
imho, the price will dropped. but those got holding power will win. MAS cannot go bust. national carrier goes bust means msia got no face and no more credibility and no one will trust msia anymore. economy affected, shareholder affected and foreign investors all pull out. end up who gg to suffer?
yes. agree with bbwee. if you got holding power just buy. if not don't buy. lowest let it go to 0.15. i will sapu also. until one day. it might go to 0.20? 0.30? 0.40? who knows..
told you guys already... with a losing company and mana ada system.. still shooting like non stop when the fake news came out. why are you still trusting that damn tp i don't understand.. this counter is not base on tp. UNDERSTAND. don't scare the retail investors away and you are going in to buy low. no matter what. government will support. that's the points. do you F*king understand!
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....
ZZjuniorinvestor86
120 posts
Posted by ZZjuniorinvestor86 > 2014-06-24 10:31 | Report Abuse
heading to 0.195