Ladahitam,if everything is ok then it will be limit-up many times but what is the chance when there is no resuming of the construction works of the building.
13M shares transacted can be just a sham transaction, transferring from one pocket to the other. Labour dispute is fairly common in large organisation. sceptics would not touch this counter and thus there should be no forced selling. So who is the sellers?
Someone out there must be manipulating this counter hoping to recoup or buy-back the shares at cheap price. Probably a syndicate buying and returning the shares borrowed to play in the market.
Bursa may be sleeping and stupid but surely there is someone monitoring this counter. IPO at RM0.90 in 2012 and now sell at RM0.12. Financial Accounts show a healthy profit. Downside at 0.12 but upside? RM0.90? RM0.50? RM1.27?
If this counter delisted, many heads will rolled. Bursa will turn into a pariah counter too.
hahaha ... dun touch lor ... let the syndicate burnt themselves. Let's cheer them ... burn burn burn ... remember. Dun throw your money into CSL fire hor. BURN ! BURN ! BURN !
Shares price is not always a relections of the performance of a company. The price is at the stage the major shareholders a happy to be in at this point, untill they mop up most of the free float. I give myself untill end of july before dumping all. I been doing this for 15 years, I have made a million/lost 900k, nett nett 100k, over 15 years on part time trading.
Even the factory is not rebulid, according to Chin, they have recovered 80% of production capacity, with routing to other workcenters
Yoko,my friend's husband lost RM500k when it was delisted bcos the cash in company was borrowed and not real and the S'pore stock exchange delisted it because it was sold in bad faith.So was S'pore stock exchange considered pariah,no!in fact it was regarded as efficient bcos they acted in good faith and they were legally duty bound to do so. So who suffers at the end, of course my friend's husband,the innocent investor and now he is a bankrupt.
leno made many millions ... lost nothing ... net net many millions. Why los nothing leh .. because leno no throw money into counter like megan, welli, transmile and CSL mar. Let's the syndicate BURN Themselves ... hahahah ... most of the time, it is not their money mar. But in our case ... it is OUR MONEY hor. OUR hard earn money hor.
Stock exchange is not for the faint heart. Fortune are lost and found in the exchange every other day. Every individual and every company is different. If there is a loser, there will be a winner. So trade carefully. If you do not have any information, dont spread rumour. If you have concern, voice your concern objectively.
We are all investing public and can think for ourselves since this is our hard-earned money.
As for me, I have acquired a lot of CSL at RM0.16 and incurred a paper loss but I am still waiting to accumulate more at RM0.10 if the share ever reach there. I am not selling.
watch and learn ... but DON"T BUY. Remember ... those who did not buy at at 30 sen, 21 sen, 20 sen, 19 sen, 16 sen, 14 sen, 13 sen and 12 sen ... alredi feel so much grateful for not falling into CSL trap. With each sen drop ... there will always BUAYA come in and try to lure u into the river .. using same recyle rubbish stori hor. Syndicate lar, plot lar, take-over lar, fix deposit certificate lar, profit lar, start building lar ... hahahahah ... eLLLOO .... legal seal also tarak .. how to start building lar ?
Wahihi126,I lost money in the market not bcos of carelessness or inefficiency but being conned so I didn't really blamed myself but due the long absence of 15 years of speculation and stubbornness of not heeding to warnings of friends of asking me to avoid Chinese stocks. With the money lost I could easily buy two proton cars with cash but surprisingly I never cry or sob over it,maybe by nature a jolly and cheerful lady,ha,ha!.
dun worri ... it is a normal circle .... first denial, then anger, then acceptance ... then cry like like no tomolo ... seen this mani mani time alredi.
Steve Jub,I think I got enough properties, imagine I can even cultivate and rear animals such as chickens,cows,etc in my ancestors' land in China and so don't need to talk about properties anymore.
O.k,won't be begging for food yet,still can enjoy life with some shopping sprees and cheap overseas travels,consider a bit fortunate but must thank Almighty God for his generousity towards me.
Rotten fish inherited with zero value. Never consider price alone for investment. At current price ...it's not cheap at all when there is no value in built in the business!
who said cannot .. u no see how leno collect insas below 50 sen, lcth below 19 sen, pmcorp below 10 sen and mani mani more. Investing is so eazy ... first step is to understand the correct CONCEPT mar.
You are not a contrarian when invested in too good to believe! You are arrogant stupid to ignore the wisdom of masses! Afterall, when comes to matter of diamond, thousands eyes are better than our two eyes!
Insas is a diamond in that price but the other 2 stocks purely lucky! Luck element can't be sustainable in eqity market! When bear take charge, then we should know how average we are! It's not easy at all in equity investment
I m a below average speculator although I m a top class investor....the $$ I made on last year and first 5 months......many big buaya need to speculate in his lifetime!
If any concept that need to share with newbies.... that would be ... .
Kimsun,a lot of them here are experienced and may have good intention,pls don't encourage them to keep if you have enough inside information about CSL you may cause them a total loss instead of a partial loss.Warren's statement may not apply here if there is something amiss as we do buy in good faith without our knowledge of real facts.But a delisting is possible in law to protect new investors if they buy in bad faith with knowledge of conned business if it can be proven suddenly.So we are at high risk without knowing the entire truth but a lot of untoward events point towards the worry we are having then.
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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2014-05-27 11:51 | Report Abuse
Ladahitam,if everything is ok then it will be limit-up many times but what is the chance when there is no resuming of the construction works of the building.