Stocks wondering
Becareful when someone promoting their stocks - Latitude Tree, Geshen example
Please don't follow blindly when someone promoting their stock to be come high for them to sell for huge profit. Even more suspicious when he trying to convience everyone to hold the stock long regardless of how bad it drop. The worst advice given is to hold a stock past the quarterly financial announcement date and to use margin facilities. What if the financial result turn out to be bad? Do you want to just lose 10% to 20% in just a day by holding it past the financial announcement date. Its a gamble which newbies should not take. Example is Geshen. Remember, margin facilities is not for newbies. Margin facilites may potentially wipe out entire investment if the stock suddenly drop without holding power.
Below is example for Latitude tree. The prominent investor promoting the stock until it reach high price then he sold it until no longer a substantial share holder. However, he still promoting it after he has sold his stock. Wondering why Bursa Malaysia takes two months to make the announcement. Check the dates below. Still promoting on 21st and 30th Nov 2015. On 24th Nov 2015, he is no longer a substantal share holder. After that in 2 months time, the stock landslide from RM8 to RM5.50 level.
Notice the huge drop after not so good financial result released on end Feb 2016. From RM2.55 drop to RM1.55 in just a week.
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2 people like this. Showing 50 of 51 comments
Regulation requires disclosure of changes of substantial shareholding within one week, I believe.
Unless KYY has a good explanation, he should stop writing here, or the administrator should block his blogs.
2016-05-02 17:54
Posted by buddyinvest > May 2, 2016 06:01 PM | Report Abuse
Calvin, our Mkh sliding everyday. Still can hold?
If you can hold till 2017/8 Mkh should do fine.
2016-05-02 18:08
Considering the sold position of 3,216lots over 204,456lots is a merely 1.57 %. Does it neccessary an issue ?
2016-05-02 18:19
otb also inside the syndicate?
means bcareful calvin too bcos he promotes alot.. LOL
2016-05-02 18:22
aiyo, KYY sell his shares to to buy better shares, i don't see whats wrong with that. A great example is with calvintaeng above who keep promoting pmcorp but he himself sell his shareholding. Don't get me wrong, i am not saying calvintaeng is a con man. He must had his own reason to sell at whatever prices because he saw some other stocks in bargain.
2016-05-02 18:22
yes, i have to agree with you bursa is really inefficient sometimes... they really to have to improve...well before then, its common to see things happen like this in bolehland..
2016-05-02 18:55
I listen to others' recommendation, but i always do my own research first before buying :D
2016-05-02 19:21
When someone is promoting, it's time to attract all the ikan bilis. Shark will start to sell to ikan bilis. If no buyer, how to sell. The danger of chasing high.
2016-05-02 20:14
Posted by bracoli > May 2, 2016 06:22 PM | Report Abuse
otb also inside the syndicate?
means bcareful calvin too bcos he promotes alot.. LOL
Calvin is here!
Yes! Calvin promotes when stocks are still DIRT CHEAP!
SEE
Insas in now very cheap! So is Mp Corp, Kwantas, BPlant, Thplant, Cepat, CBIP.
Pinepac is also DIRT CHEAP. MHC Plant also.
Multico totally neglected. And Opcom now hated by many!
This is a VERY SAFE RULE OF CALVIN
HE THAT IS LOW NEEDS FEAR NO FALL
2016-05-02 20:51
One hit wonder. Now that MYR is appreciating, see how good is his stockpicking
2016-05-02 21:00
Calvin boss..
If u setup investment company. I must be ur No.1 client.... Good?
Now sell what? Promote what?
2016-05-02 21:15
Calvin boss...
Don't bother them la... I know u since investlah... U never bother anyone critic u one... I salute ur super high EQ... So far I never see anyone manage to shake you.
Same la... Ppl also blame me boast la, nonsense la, no substance la and macam macam Holland also... I rilek saje.. Lately no active Liao except help some frens on big amount trade.
2016-05-02 21:24
Calvin boss...
If U really wan to become full time champion/winner..
U must learn tis:
Here you go.
https://m.youtube.com/watch?v=8mVhv6Y4wgw
2016-05-02 21:38
ah_boon, thanks for the article...now we know why the price can drop so much...somebody is disposing the shares...Wondering why Bursa Malaysia takes two months to make the announcement...keep in up, ah_boon
2016-05-02 22:57
ah_boon , terima kasih. Laporan ini adalah hebat. Laporan ini membuka minda kita dan berfikir untuk memberitahu kami tidak tertipu oleh orang-orang yang menggalakkan saham sehingga terlalu tinggi selepas kejatuhan pasaran saham.
2016-05-02 23:16
Well. I'm for one not surprised at this at all. What is wrong with you people? Don't you know that is Mr Koon MO all these years?
If you lose money from it, I don't blame him but I blame the followers. They blindly follows people. At least read up on the previous counters of that person. Maybe you would stumble across Jtiasa story etc. Haha
If Koon makes money from this, he is brilliant. The ones losing money when he liquidated all are just losers from his system. That is all.
2016-05-03 08:34
now only show it...we already know he is con man...but to say he is con man is not rite cos in the market, this is fair game, he need to build up to loser to make him a winner, no wrong in the market as well...
don't blame him, blame urself, if u really lost to him, treat it as good experience by follow blindly, or treat it as a donation to him
he is old, but he is smart, he is like a crocodile waiting to hunt the food, but this is the market, either u kill people or people kill u...no win win solution in the market...
2016-05-03 10:36
bla bla bla a lot theory ， loser = loser forever also loser。don't dream one day will become winner . That was just 1 % people.
2016-05-03 15:28
Study and understand the methods of selecting good and potiential companies to invest and apply it but never blindly follow to buy the stocks recommended by all the guru-guru.
2016-05-03 16:24
I agree with @Jester's comment on who "is to blame". Many people are so easily taken in by these syndicates and 'stock market heroes', and become unpaid promoters and cheerleaders. Blindly parroting and following what their heroes extol. As if these syndicates have noble intentions in helping their blind followers.
This is what the i3investor forum is for - to read of others' opinions, and then make OUR OWN decisions. This should be a good lesson for those who had placed all their hopes (and precious capital) based on the words of these stock market heroes. Protect OURSELVES first and foremost.
2016-05-03 16:48
Bursa Malaysia also corrupt. Why allow substantial shareholders to announce after so long period. Malaysia regulatory full of bastard
2016-05-03 17:39
I think the first to blame is our educational system. No one care about financial education and no body teaching those young children how financial work, pesonal wealth management and how financial matter can shark eat you alive. This extended to banking system and our stock market system as well.. As for my opinion, is our government don't want this above to happen our else they gonna in deep shit. Is always a time to educate our next generation, but are yourself ready for this change.? Think about it. Anyway, is good article to share with.
2016-05-03 17:48
next time follow Koon Call...
BUY mean we SELL
Sell mean we BUY
but normally he will only call BUY after he finish his accumulation...
refer this step http://klse.i3investor.com/blogs/UEMS/95804.jsp
2016-05-04 12:07
somebody make a complaint to Bursa about the late submission of changes of substantial shareholders, can?
2016-05-04 17:23
My broker representative told me that changes in substantial shareholders should be informed within 5 days. I am going to call Bursa to confirmed. jilakak
2016-05-05 15:48
Called, but the officer said it is govern by companies act. I asked dun Bursa must make sure these people to comply with Companies Act? I still haven't got the answer. May be need to check with registrar of companies. Wait when I am free I'll call companies secretary to ask, too bad I am not the shareholders of the abovementioned company.
2016-05-05 16:09
Bursa officer just call me. It is the duty of the substantial shareholders to inform the Company regarding his changes of interest within 7 days, as per Companies Act provision. Complaint should be made to CCM rather than Bursa. Bursa merely concern that the companies comply with the regulation, ie, Company upon receiving the notice and notify Bursa within certain time period. In these cases, Bursa find no violation on the Companies part. So anyone wanna make a hu-ha can go to CCM. However, Bursa said they will monitor.
2016-05-05 17:24
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calvintaneng
Only the lone voice of Calvintaneng called for
a Sell on JTiasa when it was Rm2.70 (it was chun chun)
a Buy on JTiasa when it fell to Rm1.15 (Another chun chun call)
a Sell on Latitude at Rm7.00 (Also few took heed to my warning)
Why nobody bothered to listen?
2016-05-02 17:32