sydicate want kick up retailer share , u can see q up a lot that , mean sydicate still that,sydicate not yet out,they accumulate in lower ,waiting for those buy 3 , 4 day ago in higher price , to throw so that , they can accumulate more , when this sydicate accumulate enough ,then slowly push up , wait n see another 3 more trading day ,u will know show time will start again
Market seems to have mispriced the PA... basing just on the 10:1 option only... so you see... when mom up to 0.65... PA will go up to 0.065... ie 0.065 x 10 = 0.65
But.... of course... the major shareholders totally understand the value of the PA... and are buying the PA by the millions...
Innofarm announced just now that they sold another 1.9m share on 28th Apr, the balance was 7.9m shares, I think they had also sold some more on 29th Apr and 3rd May, yet to announce.
Why everyone is so worry about the new shares listing ? If i m the major shareholder, aft sold so many mother shares, i will make sure that my convertion of PA to mother share get listed first b4 others ..... so, i presume those few initial batches of new share listing belongs to the major shareholder ..... my 3 cents view ....
Subsequently .... they will monitor the no of convertion n listing by others .... they will then add up their convertion so that their total holding will maintain at a level comfortable to them ..... so, they will keep buying PA ......
So, if we hv something that is valuable, we shld not sell it cheap to them ..... let them keep buying at higher price fr us ....... PA at 0.10 is still cheap to them .....
They hv received about 30mil additional funds now ..... If ppl convert by +0.54 for PA, +0.60 for WA, they will get another additional 300++mil .......
Additional listings... Conversion of warrants A and PA at issue price of 60 sen each coming today.
Innofarm Disposal of 1,947,500 shares via open market. They have to dispose quickly because they anticipated the price will drop once the additional listing flood into the market.
Not sure how the market will react to these but it will be interesting to see. Many who didn't cut loss earlier was caught holding at a high price especially above $1. From the volume these few days big players were seen selling off as they anticipated the drop and rush to take profits. While small time contra players were caught buying into the dips thinking it was a good bargain. Anyway please be careful playing this stock as it is highly volatile and speculative in nature.
If Hilary Clinton is running in the Sarawak election... her campaign would surely be afffected... affected negatively.. of course..... no thanks to Clinton Tom
Pretty well planned wasn't it... even sent in a cheerleader here
Innofarm disposed 1.9m shares on 28th Apr, but announced only on yesterday, which was one week later, I believed they did not violated the rule. But why does the rule allow the major shareholder to have one week time to just announce the changes in shareholding? If the company share buy back can be announced on the same evening, I dont see any problem for the major shareholders to announce their changes of shareholding on the same evening. I think BURSA should tighten the rule.
Slowly baiting you to buy. Its like fishing. The 63.5 sen stocks seems to never ending. Yesterday was 64.5 sen. Looks like 1 day the support drop 1 sen. Its slowly going down without you noticing it while it kept baiting you to buy with a hope that it will rebound.
I must admit this operator is highly professional in the way it was played with this price pattern movement. It really attracting people to buy even when it is on a down trend.
absolutely correct, very smart indebt, every time sell 100 lot, ppl think it is small volumn keep buying. you keep buying they keep throwing 100lot at a time. no ending
they purposely put a big q to let you know the price will not drop, so you keep buying and happily sell to you every time 100lot. after no body want to buy, they remove their q and throw to those who still queing...........
eg. they put queue 0.635 2000lot, they keep selling 0.64 each time with small volume. ppl will think 0.635 is good buy because it's big volume queing so follow queue @0.635. so volume accumulated until 3000lot. then they will remove their 2000lot queue and sell 1000lot to you.
that's why after you see 0.635 finished traded you check the volume it's not 3000lot but only 1000lot. and when you observe after they queue big volume @ 0.635 they will stop selling 0.635. but after remove queue @0.635 they will "DUMP" all to 0.635 still queue.
I full time concentrate monitor this counter almost one week this is what I get. because I still stuck my wa @ 0.30.
My congratulations to those 6m new shares listed today. These are the lucky ones, able to get out at a minimal loss or even a small profit. These people who managed to convert these 6m were very fast off the mark. The ones after this 6m may not be so fortunate.
as i say yesterday , syndicate q up a lot that , they want all retailer throw as 3, 4 day ago buy high price , so they can accumulate more , u see this sydicate didn't push up , this is their strategy , to accumulate
Those who hold WA are in a higher risk position compare to mother share and PA. They should ask themselves a question why not swap to mother share or PA.
dont do any transaction with the ops and syndicate today. let them wait. we can just hold it. think of it they wont make thier share price drop because they are the main shareholders. thats money man. so just let them put the queue
richkid Ask a question. How can a buy queue of 8 million don't want to eat a small sell queue of only 600 lots
according to Wilson Lim theory, 8 million queue is fake queue they want to sell @0.64. give you illusion 0.635 is strong support so you don't sell to them and buy @ 0.64. how can they eat their own queue @0.64?
NeverLossAgain, I cant predict the market prices (solely depend on buyers and seller) for PA and WA if mother share go up/down to 80 cents / 50 cents.
However, I can show you the intrinsic values:
1) For mother share at 80 cents, PA's intrinsic value is the higher of 80c - 54c = 26c, or 80c / 10 = 8c, so it is 26c. WA's intrinsic value is 80c - 60c = 20c.
2) For mother share at 50 cents, PA's intrinsic value is the higher of 50c - 54c = 0c, or 50c / 10 = 5c, so it is 5c. WA's intrinsic value is 50c - 60c = 0c.
So in all cases, PA's intrinsic value value will be higher than WA's.
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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....
Mowwwa
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Posted by Mowwwa > 2016-05-05 16:52 | Report Abuse
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