MALAKOFF CORPORATION BERHAD

KLSE (MYR): MALAKOF (5264)

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Last Price

0.84

Today's Change

-0.01 (1.18%)

Day's Change

0.835 - 0.855

Trading Volume

3,238,800


9 people like this.

6,838 comment(s). Last comment by fruitcake 8 hours ago

miker

708 posts

Posted by miker > 2017-12-29 12:00 | Report Abuse

Short selling, harga nyatuh pun bule buat untung maa. I said the 'ghost seller' because EPF already duduk diam2. Very suitable for high volume counter

alexsee

1,349 posts

Posted by alexsee > 2017-12-29 12:01 | Report Abuse

after short selling, should they buy back the shares?

GLau

81 posts

Posted by GLau > 2017-12-29 12:02 | Report Abuse

IPO RM1.80, then price drop to 0.88..this company is earn money, revenue is increasing over the years..Price drop is quite abnormal, any news guy?

miker

708 posts

Posted by miker > 2017-12-29 12:04 | Report Abuse

Posted by alexsee > Dec 29, 2017 12:01 PM | Report Abuse

after short selling, should they buy back the shares?

You need to understand the short selling mechanism. Short selling is not related to share buy back. Short selling is normal for derivatives

miker

708 posts

Posted by miker > 2017-12-29 12:05 | Report Abuse

Malakoff fundamental still intact

HuatRex

2,617 posts

Posted by HuatRex > 2017-12-29 12:06 | Report Abuse

Can't even climb back to above 1. 00. What the hell wrong with this stock

hipster

212 posts

Posted by hipster > 2017-12-29 12:13 | Report Abuse

I suspect they sold too much of their shares, that's why even company make money, the share price still not moving up. plus the market sentiments around this company ...

GLau

81 posts

Posted by GLau > 2017-12-29 12:16 | Report Abuse

should we think this situation more 阴谋论,hahaha... Price drop just for the company to buy in lower price...Short seller is helping them to make price lower, then short seller buy, company buy back, small investor jump?

miker

708 posts

Posted by miker > 2017-12-29 12:16 | Report Abuse

With million daily volume, short seller's with million stock in hand, they can control the price, up or down. The brokers with million malakoff's stock in hand is the culprit. Although Malakoff permitted for short selling, not all broker provide short selling service because of the high risk, high return/loss.

miker

708 posts

Posted by miker > 2017-12-29 12:20 | Report Abuse

Short seller may even don't have/hold a single Malakoff share because they just loan the Malakoff's share from broker.

hipster

212 posts

Posted by hipster > 2017-12-29 12:22 | Report Abuse

who are the short seller?

miker

708 posts

Posted by miker > 2017-12-29 12:24 | Report Abuse

Posted by i3lurker > Dec 29, 2017 11:39 AM | Report Abuse

HE HE

short seller will NEED to pump dowm to 86 sen coz I TELAN BANYAK @ 87 SEN ALREADY!

Posted by i3lurker > Dec 29, 2017 11:43 AM | Report Abuse

OF COURSE MAH

short selling is approved for this share

MAY BE ONE OF THEM :)

It is legal. I put the blame on the broker, not the short seller.

miker

708 posts

Posted by miker > 2017-12-29 12:26 | Report Abuse

you, me and everybody can be short seller but the broker provide the service.

alexsee

1,349 posts

Posted by alexsee > 2017-12-29 12:26 | Report Abuse

if not wrong, short seller will make $ once they buy back the shares at lower price than they sold.. after that, they have to return the shares to broker. But, after this shares drop below RM 1, it never rebound back to RM 1, only keep dropping lower and lower.. so i wonder, is short seller still making $$ ?? hmm..

miker

708 posts

Posted by miker > 2017-12-29 12:28 | Report Abuse

It is simple, they short again and again....

miker

708 posts

Posted by miker > 2017-12-29 12:29 | Report Abuse

...provided that, there is no 'interruption'. If the are long seller with the comparable amount of shares, then, short seller also bule kaput lor

miker

708 posts

Posted by miker > 2017-12-29 12:30 | Report Abuse

Q buy 1 million++ pun bule kena telan....apa mau cakap...hahahhaha

HuatRex

2,617 posts

Posted by HuatRex > 2017-12-29 12:30 | Report Abuse

Please go back to above 1.00. I want to sell off this useless share

miker

708 posts

Posted by miker > 2017-12-29 12:32 | Report Abuse

ikan bilis just follow the trend, you against the trend, then bule mati lor...except you have million shares in hand...it looks operator pun biar saja...

tim09

222 posts

Posted by tim09 > 2017-12-29 12:35 | Report Abuse

Cant keep shorting forever, many eyes is watching.

alexsee

1,349 posts

Posted by alexsee > 2017-12-29 12:36 | Report Abuse

if short seller started keep short selling from RM1.0 and till today RM0.87 and still haven't buy back the shares return to broker, and keep short selling until reach target, maybe RM 0.8 ? or lower? RM1.0 to RM0.8 is 20% profit.. is enough for them? eh...

HuatRex

2,617 posts

Posted by HuatRex > 2017-12-29 12:54 | Report Abuse

Malakoff cant just let the share price being press down like this. Those major shareholders also need to earn

Posted by Mohd Fahmi Bin Jaes > 2017-12-29 13:16 |

Post removed.Why?

Posted by lowbuyhighsell > 2017-12-29 13:27 | Report Abuse

TBP, a subsidiary of the Malakoff Corporation Berhad, commenced proceeding before the Malaysia High Court on 2 December 2015 against the following three (3) Defendants: - IHI Corporation Japan (“IHI”) - ISHI Power Sdn. Bhd. (“ISHI”) - IHI Power Systems (M) Sdn. Bhd. (“IPSM”) The total amount claimed is RM782,023,406 (excluding interest and costs) under 8 different heads. TBP is seeking damages from IHI, ISHI and IPSM for breaches of the duty of care, which they individually and/or collectively owed to TBP. The claims against the separate Defendants are made under separate heads and the amounts claimed vary. The total amount claimed, though quantified as above, is estimated and therefore subject to change. The claims include relief sought from the court for TBP’s loss and damage, including the costs of repairs and replacement, and economic losses such as in relation to available capacity payments and daily utilisation payments. TBP has also claimed for interest as well as costs. The Defendants have entered appearances and their respective defenses. They have also each filed an application to strike out the actions against TBP. The matter came up for hearing of the striking out application on 22 July 2016. However, the court adjourned the hearing to 22 August 2016 whereby the court had dismissed Defendants’ application to strike out the suit filed by TBP. The main suit was fixed for full trial commencing from 5 December 2016. TBP proceeded with the oral opening submission on 5 December 2016. However, the judge invited parties to consider whether, due to the voluminous documents and technical evidence relating to nature of the suit and/or claims, it will be in the best interest of parties for resolution before a technically qualified arbitrator. The court had granted order on 16 March 2017 for the suit to be referred to court-mandated arbitration. The court mandated arbitration was fixed for hearing from 16 August 2017 until 20 August 2017. Court had also fixed 6 September 2017 for further case management to monitor the progress of the court mandated arbitration.

On 4 August 2017, TBP and IHI had entered into settlement agreement with the
Defendant and with Sumitomo Corporation, Zelan Holdings (M) Sdn Bhd and Sumi-
Power Malaysia Sdn Bhd in the arbitration proceeding referred to in item (iii) below
(“Arbitration Proceeding”) to resolve and settle the disputes between all parties in
accordance with the terms and conditions of the settlement agreement.
A consent judgment had been entered on 9 August 2017 in the Litigation Action on a
strictly without admission of liability basis and TBP as the claimant, withdrew and
discontinued the Litigation Action and the Arbitration Proceeding in item (iii) below
respectively on the terms and conditions set out in the aforementioned agreement. Full
settlement has been made by IHI on 6 November 2017.

HuatRex

2,617 posts

Posted by HuatRex > 2017-12-29 14:14 | Report Abuse

No, close 1.03

hipster

212 posts

Posted by hipster > 2017-12-29 14:36 | Report Abuse

with its huge shares base, this stock is indeed a good candidate for shorting. but I believe many big funds are also holding long positions. this doesn't do them any good ...

miker

708 posts

Posted by miker > 2017-12-29 14:53 | Report Abuse

Shorting is just ambil kesempatan, bila ada peluang. Nasib lar...

miker

708 posts

Posted by miker > 2017-12-29 15:02 | Report Abuse

Posted by i3lurker > Dec 29, 2017 02:49 PM | Report Abuse

overshorted

yield is too high.. funds dun care price. Funds buy on yield.

dun think it can be shorted any further.

If no dividend and loss making then can be shorted to 1 sen. But the yield is currently 7% already. Uncertainty over dividend is about over. Yield is almost certain.

I agreed with you but what my concerned was, there is no fund/operators that go long...

Secrecy

748 posts

Posted by Secrecy > 2017-12-29 15:11 | Report Abuse

Only going lower. 0.80

miker

708 posts

Posted by miker > 2017-12-29 15:44 | Report Abuse

Today will stop at 87...

sasword

1,167 posts

Posted by sasword > 2017-12-29 15:45 |

Post removed.Why?

TAFA

70 posts

Posted by TAFA > 2017-12-29 15:51 | Report Abuse

very attractive div yield...maybe will privatize again if share price still lacklustre..

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-12-29 16:30 | Report Abuse

gg

ctooi51

391 posts

Posted by ctooi51 > 2017-12-29 16:41 | Report Abuse

Why most institutions shareholders dumping their shares in malakof? Is this a form of punishment for Syed who probably not giving enough to Dumbo?

HuatRex

2,617 posts

Posted by HuatRex > 2017-12-29 16:42 | Report Abuse

Please buy malakoff. Good fundamental stock

windcloud

1,393 posts

Posted by windcloud > 2017-12-29 16:44 | Report Abuse

Buy now ........

windcloud

1,393 posts

Posted by windcloud > 2017-12-29 16:45 | Report Abuse

very strong hammer and now rebound ...... very good sign .....

windcloud

1,393 posts

Posted by windcloud > 2017-12-29 16:51 | Report Abuse

very good closing ...... next week should have strong upward ...... TP: 1.20

Yukimura

76 posts

Posted by Yukimura > 2017-12-29 16:52 | Report Abuse

very hard to predict this malakof.

TAFA

70 posts

Posted by TAFA > 2017-12-29 16:53 | Report Abuse

wow...sell some at 0.9
dont see it coming

windcloud

1,393 posts

Posted by windcloud > 2017-12-29 16:55 | Report Abuse

actually today they pressed down the price .... and when close to closing they push up the price ........ this will form a hammer ..... but now is more than yesterday closing price .... very good ..... mean next resistance level of 1.00 will become support ..... once break support ... next will go to 1.20 ......

GLau

81 posts

Posted by GLau > 2017-12-29 17:08 | Report Abuse

Just go toilet, then so sudden up...

urbanboy

10 posts

Posted by urbanboy > 2017-12-29 17:13 | Report Abuse

sold at 925 n 98.. magical world of klci

HuatRex

2,617 posts

Posted by HuatRex > 2017-12-29 17:23 | Report Abuse

Manage to sell at 0.98? Such a big queue there

miker

708 posts

Posted by miker > 2017-12-29 17:24 | Report Abuse

Hopefully no more shorter, we need more longer...hahahaha...buy back share can stabilize and push up the price. As usual, EPF should duduk diam2....

yongyos

428 posts

Posted by yongyos > 2017-12-29 18:43 | Report Abuse

interesting to see today dumb money buying n the smart money buying....

yongyos

428 posts

Posted by yongyos > 2017-12-29 18:44 | Report Abuse

window dressing for new year

yongyos

428 posts

Posted by yongyos > 2017-12-29 18:44 | Report Abuse

EPF buying to make it account looks good

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2017-12-29 20:01 | Report Abuse

buy some 0.89, should have buy more.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2017-12-29 20:03 | Report Abuse

who is buying? malakof buy back at 0.89.

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