the push up recently was by insiders ... is no doubt they work very hard hoping to re-gain past glory, this is a +ve factor, albeit obstacles need to be cleared ....
Share price manipulated by insiders is more dangerous than by syndicate (as in KPS), it can go very wild ... but for Mudajaya case, i may say it won't be a too crazy one!
Without shame feeling: share nothing put no substance, no nutrition comments scolding is No.1 accusation is No.1 blaming is No.1 insulting is No.1 farting vulgar words is No.1 all No.1
Try to search an article about "trading a stock" (contrast to "buy and hold") in the other forum, can't get it!
Don't want to write it again, to put it short, - Go to yahoo finance, click chart of DJIA or S&P. (or Nasdaq, if u like) - Click comparison - Click KLCI - Click time frame, that u desire
U can see how KLCI performs compare to the US market .... we don't hv great corporates like Apple, Coca-cola, Boeing, facebook ......
I didn't do it in recent years, but i I believe, just like before, KLCI (a basket of blue chips) doesn't perform better than 3% annually over long term.
18 dead, 100 injured in boiler blast at NTPC power plant in Uttar Pradesh ...The boiler pipe burst in the 500 MW power generating unit that started operating in March at the plant in Unchahar, which is nearly 30 years old. A massive fire broke out and a huge ball of dust rose after the explosion, making rescue difficult..............The Unchahar plant started generating power in 1988 with five units of 210 MW each. The sixth unit was commissioned this year.
No intent to write the Mudajaya story after many disturbances, this eventually erodes my courage. Morever, i hv to recall the incidents happened in last 12 months, but, will share the recent happenings which I no need to recall and re-organised many incidents.
Last month, I identified 2 counters for trading, one of them was MRCB. I found that, MRCB was proposing RI, in this case, I may buy OR to subscribe the mother shares, the cost is always lower. I bot OR @0.055 and prepare to fork out another 79sen to subscribe mother share. The next day, OR traded more than 10sen, this is not unusual, but the extremely unusual phenomenon was OR price + subscription price > mother share price!
This is a very unusual incident! Just imagine, u buy OR, u have to fill up the form, buy banker check, buy stamp and send to registrar. If u buy mother share, u have no all these hazzles and it is cheaper! HOW CAN IT BE? BUT THIS DID HAPPENED to MRCB last month. This was very unusual and MORE IMPORTANT, it brought SIGNIFICANT meaning!
I sold OR @0.11 (exactly 100% gain) and bot mother share below 90sen and I also bot C26 (call warrant). OR later, surged to as high as 16 sen ……
MRCB is an GLC, and yet, the manipulation is as strong as other speculation counters …..
I checked back (as I did for Mudajaya ), on 18May,17 there was a extremely HIGH VOL, this vol was so high that it was the highest in 5 yrs ) or more (due to the limitation of my chart, 5-yrs is the longest period I can observe, but is good enough for me to derive conclusion). After that, the price goes all the way down …….
What is this means? This means the manipulator sold at higher price to collect fund all the way! The fund is for later push-up ( if it is not a gone case). If it is a gone case, shark just take the money with no return, and the counter will drift auto-piloting and finally de-listed (gone) …… (Ask yrself, whether MRCB or Mudajaya will finally end-up like this?)
Before RI listing, normally price can’t go high, bcos when RI listed it will flush the price, experinced traders will wait for the RI listing to buy cheaper. Quite unexpectedly, the manipulator pushed up the price before RI listing, as high as 1.15. (This could be their consideration of collecting a lot of OR before, they need a higher price to unload the subscribed RI). BUT this was also a good chance for those sharp eyes bot earlier to unload! I sold my hoding average @1.05 and waiting RI listing to buy back.
Today is the RI listing date, as expected, drops …. But not as severe as expected …. This bring meaning too. (those want to understand better the relation btw the price and RI for GLCs, can study UMWOG, MBSB, etc. U may see, how, strong the GLCs are!)
For me, within a month, reap >30% (especially thanks to C26). I entered Mudajaya and MRCB about the same price, 90sen. If you ask me my feeling, I may say, I feel more confidence in MRCB …. the financial status, the larger scale, the GLC relation …..
I will be a definite winner in Muadajaya. Bcos i have alrdy moved 70% of the capital for Mudajaya to the new candidates. Even though tomorrow Mudajaya delisted ,the maximum I lose back is 30%, still keep the 70% ….
No cheating, no bluffing, no nonsense …. will not say something like I bot mudajaya very cheap, below 70sen (the lowest I bot was 77sen), just in plain form, I tell u a simple story …. Up to u want to believe or not …..
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....
heaven123
1,900 posts
Posted by heaven123 > 2017-10-24 18:24 | Report Abuse
Q3 coming next month.