Posted by Mikecyc > 2021-06-18 09:00 |

Post removed.Why?

Posted by Mikecyc > 2021-06-18 09:02 |

Post removed.Why?

Posted by oirugfhy > 2021-06-18 10:59 | Report Abuse

Up please, so many days down please up.

Posted by stainlyho37 > 2021-06-18 11:31 | Report Abuse

lets see today for 0.45 and above !!!..first solar enough to feed this company for above 0.50.......

Posted by stainlyho37 > 2021-06-18 12:06 | Report Abuse

come..take down 0.44 ....!!

Posted by UlarSawa > 2021-06-20 16:42 |

Post removed.Why?

Posted by scenery > 2021-06-20 16:47 |

Post removed.Why?

Posted by stockraider > 2021-06-21 13:57 | Report Abuse

The LESSON here is always only base on fundamental to avoid pitfall loh!

STOCK MARKET INVESTMENT In Malaysia And Singapore by Dr Neoh Soon Kean, the Benjamin Graham of Malaysia. Year of printing 1985

THE GREATER FOOL THEORY (Page 67 Last paragraph)

This is a theory that is usually very popular during the immature phase of a stock market's development. More of the followers of this theory are not aware that the trading system which they believe in goes by this peculiar name. From the stock market's behaviour during the past three booms, we can say that many Malaysians/Singaporeans appear to be strong supporters of this theory. This theory was very popular in the US during the 1920s but since then, it has fallen out of favour even though pockets of true believers still appear from time to time.

In essence, believers of this theory hold that stock prices are not dependent on anything tangible but rather dependent on the continual appearance of more people who are willing to purchase the stocks at an even higher price {these people are the so-called 'greater fools'). Thus, it neither matters what price one buys a stock nor that the stock's price is ridiculously high by any normal standard of measurement. Thus the believers of this school of thought hold the view that whatever stock one buys can always be sold at a higher price because there will always be greater fools than themselves. Thus, it is fine to buy MUIB at $24.00 because there will be another person foolish (or brave) enough to pay $26.00 for it. Believers of the greater fool theory never for a minute think that the supply of fools will be exhausted and that they may be the final purchaser before the crash.

During every stock market boom, there are usually a large number of believers of the greater fool theory and some of them actually make a lot of money on the way up. Some of them get out in time by finding some greater fools to take over their hot potatoes in the nick of time but many find that they themselves end up as the greatest fools because there is no one else willing to bid up the price anymore. Needless to say, the Greater Fool Theory is a much discredited one among academics and most professionals. But it still finds many adherents. Why is this so? Everyone is having too much fun, (that is, making so much money) on the way up that they do not want to leave the market. George Goodman, writing under the pen name of 'Adam Smith' has this wonderful parable to explain how people are caught up in the web of the Greater Fool Theory and do not know when to get out.

We are all at a wonderful ball where champagne sparkles in every glass and soft laughter falls upon the summer air. We know, by the rules, that at some moment, terrorists will burst in through the terrace doors, killing many and scattering the survivors. Those who leave early will be saved, but the ball is so splendid that no one wants to leave while there is still time. Everyone wants to enjoy one more dance and sip one more glass of champagne. So everyone kept asking: "What time is it? What time is it?" We look around and find that all the clocks have no hands.

This may be a surrealist's way of describing the stock market but Goodman's parable has a great deal of truth in it. Of course, we know that in every speculative boom of the past, the 'terrorists' did come when most of the guests were still enjoying themselves at the ball. As 'Adam Smith' implies, nobody knows when a speculative boom will end but end it must for that is the rule. At every speculative boom, not many of the small speculators escaped with their gains made on the way up. Most of the smaller speculators known to me eventually lost all their gains and much more than what has been gained.

Some even lost a large part of their original capital. Thus on the next occassion when you happen to find yourselves at this type of a ball, try to leave early. The problem is that once one is caught up in the fun and games of the party, one is apt to lose touch with reality. Chances are that believers of the Greater Fool Theory will hang on to the bitter end, only to be slaughtered. It is better to miss a few dances or a few glasses of champagne than lose one's life.

In concluding this section, an anecdote about Bernarde Baruch, generally acknowledged to be the greatest stock traders of the 1920s is related. He was once asked how it was that he remained so rich while many of his contemporaries had declared bankrupt. This was his splendid answer: 'I always sold too early.'

Posted by Mikecyc > 2021-06-22 03:53 |

Post removed.Why?

Posted by Mikecyc > 2021-06-22 03:55 |

Post removed.Why?

Posted by Mikecyc > 2021-06-22 03:59 |

Post removed.Why?

Posted by Mikecyc > 2021-06-22 03:59 |

Post removed.Why?

Posted by Mikecyc > 2021-06-22 04:01 |

Post removed.Why?

Posted by Mikecyc > 2021-06-22 04:01 | Report Abuse

Op time to watch Live match..

Posted by Sslee > 2021-06-22 07:55 | Report Abuse

Haha Mike,
No more live teaching of PA trend?
So PA is now on uptrend or downtrend?

Posted by oirugfhy > 2021-06-23 16:57 | Report Abuse

Almost hit 20% loss already. Train to Holland. Haiz...

Posted by UlarSawa > 2021-06-23 18:52 |

Post removed.Why?

Posted by Mikecyc > 2021-06-24 16:20 |

Post removed.Why?

Posted by Mikecyc > 2021-06-24 16:22 |

Post removed.Why?

Posted by Mikecyc > 2021-06-24 16:25 |

Post removed.Why?

Posted by Mikecyc > 2021-06-24 16:26 |

Post removed.Why?

Posted by stockraider > 2021-06-24 17:13 | Report Abuse

Pa s0ohai stocks...people lose their pants mah!

Posted by Sslee > 2021-06-24 17:16 | Report Abuse

https://klse.i3investor.com/mqtrader/sf/analysis/stkta/7225

PA (7225)
Last: 0.410
MQ Technical Rating

1.1 / 5



Rating Breakdown

Bullish:
0
Over sold:
2
Neutral:
2
Bearish:
5
Over bought:
0

Posted by Sslee > 2021-06-25 08:41 | Report Abuse

Morning Mike,
Stock [PA]: P.A. RESOURCES BHD
Announcement Date 22-Jun-2021
Listing Date 23-Jun-2021
New type/class? No
Type Exercise of Warrants
Details Conversion of Warrants B to Ordinary Shares
No. of shares issued 1,904,200
Issue Price Malaysian Ringgit (MYR) 0.120
Par Value - 0.000
Total NOSH 1,234,308,887

PA financial result:
Q3 NP: RM 7.194 million EPS 0.63 cent. NTA 13.29 cents
Culmulative 9 months: Revenue: RM 237.37 million. NP RM 17.16 million. EPS 1.51 cent.
Cash and bank balance RM 1.917 million. Fixed deposit RM 421K.

The q3 weighted average number of ordinary shares issue 1,140,033,000.
The latest NOSH 1,234,308,887
So if 9 months cumulative NP RM 17.16 million. EPS based on latest NOSH is 1.39 cents.
BOH CHOW CCCCCCCCCCC AAAAAAAAAAAAAAAAAA !!

Posted by i3i3i3i3 > 2021-06-25 11:05 | Report Abuse

this additional warrants cause the price dropped like hell !!!

Posted by Sslee > 2021-06-25 11:22 | Report Abuse

This additional warrants coversion help PA cash flow otherwise no money to pay material suppliers and salarly to workers.

The important thing, is the factory allowed to operate during this lockdown? If not allowed then Q4 end june 2021 will see reduce profit.

Posted by oirugfhy > 2021-06-25 12:44 | Report Abuse

The MCA gang doomed us minor share holder!

Posted by UlarSawa > 2021-06-25 15:25 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 17:41 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 17:42 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 17:44 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 17:45 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 17:49 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 17:53 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 20:50 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 20:50 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 20:56 |

Post removed.Why?

Posted by Mikecyc > 2021-06-25 20:58 | Report Abuse

In FY20, based on its filing with Bursa Malaysia, PA Resources spent a total of RM5.33mil in capex, of which over 97% was focused on the extrusion and fabrication segment. The remaining capex went into other segments.

Posted by Mikecyc > 2021-06-25 21:03 |

Post removed.Why?

Posted by Sslee > 2021-06-25 21:34 | Report Abuse

9 Units of Extrusion Machines.

2 x 4” machine 4 x 5” machines 2 x 6” machines with water quenching facility.

1 x 8” machine with water quenching facility. Aging Furnaces (7 units).

1 unit of 6” extrusion machines installed and commissioned on 1-March-2020.

The current capacity is 2086 tons/month

Mike,
So PP or RI coming for capacity expansion

Posted by Sslee > 2021-06-25 21:41 | Report Abuse

Posted by Mikecyc > Jun 25, 2021 8:50 PM | Report Abuse

haha PA is having balance warrant ard 300 million ...see this round got PP for capacity expansion or not ....

So will be addition 300 million warrant conversion at 12 cents or cash inflow of 36 million

And NOSH 1,234,308,887 + 300,000,000 = 1,534,308,887

Posted by UlarSawa > 2021-06-25 22:41 |

Post removed.Why?

Posted by stockraider > 2021-06-26 11:09 |

Post removed.Why?

Posted by stockraider > 2021-06-26 11:31 | Report Abuse

Ok then Insas loh!

Zhulian Rm 1.90 v insas Rm 0.895

The bet is for 1 year expiring on 25-6-2022 loh!

Posted by Mikecyc > Jun 26, 2021 11:23 AM | Report Abuse

haha 2nd pick Zhulian 1.90 with each year 9 % dividend .. stockraider yr pick ?

Posted by UlarSawa > 2021-06-26 14:45 |

Post removed.Why?

Posted by UlarSawa > 2021-06-26 14:48 | Report Abuse

Mighty Tikus add oil at TG forum lagi ke. JPM paying rm2 per post making you more eager to condemn TG sampai JPM TP ke. Correct?

Posted by Sslee > 2021-06-27 22:44 | Report Abuse

KUALA LUMPUR (June 27): Phase One of the movement control under the National Recovery Plan (PPN) will be maintained until the three key threshold value indicators are achieved, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.

Mike,
Can you please find out is PA allowed to operate when government maintain phase one of MCO?

Posted by Sslee > 2021-06-28 09:13 | Report Abuse

Aiyoyo Mike,
Tak datang support PA. Sudah jadi waterfall!!!

Posted by NicholasNWH90 > 2021-06-28 09:50 | Report Abuse

Operator is too garang and cruel. It is obviously still in consolidation but they are breaking down supports and supports to scare the shit out of the ikan bilis. Sigh malaysia market.

Posted by UlarSawa > 2021-06-28 10:00 |

Post removed.Why?