Stocks wondering
Profit made in VS. Lets do it another round
Again there was delayed announcement from Bursa on person ceasing from being a substantial share holder. Weird thing is that delayed submission is allowed. Maybe there is certain rules that I am not sure about disclose of substantial share holder information. Shares sold between 18 March to 11 April 2016 was not reported earlier on until person ceasing as substantial share holder. Seems like this prominent investor has sold his VS shares and now find reason to ask people to buy again. Pity to all the ikan bilis who brought at above RM1.60 previously when it was heavily promoted at that time. Lesson of not to buy stocks blindly. Read the last sentence of the blog below.
"I am obliged to tell you that I have sold a large amount of my VS shares and now I am buying back".
Its like surprise, I have gotten my profit now and lets join me to buy another round.
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Becareful when someone promoting their stocks - Latitude Tree, Geshen example
Created by ah_boon | May 02, 2016
Discussions
3 people like this. Showing 22 of 22 comments
Must learn! All ikan bilis! How to make money in stock market like big shark.
Even though you are not big shark, just imaging you are.
2016-05-05 02:21
since you can't beat them, then join them, you must think like big shark and act like big shark
2016-05-05 09:09
Becafeful ikan bilis, there are probably another 40 million shares in his holding. Whoever pop up the price, he will just sell on strength. So this share will see a range bound trading.
2016-05-05 09:10
probably he already restock. and now wanting ikan bilis to buy his portion. just do the reverse. when KYY ask u to buy, u SELL. this old con men even disabled the comment functions on his blog postings.
2016-05-05 13:11
sked of ppl spoiling his "noble intentions". anyway kudos to ah_boon for his effort to educate us all on how cunning certain ppl are. keep it up. Thanks!
2016-05-05 13:12
Why when sold , he did not inform us, if look at the past few yrs, cannot find any stock he hold for long term, previos yr stocks are in bad shape
2016-05-05 13:44
KYY exposed !!...the less said about him the better! :-)
skyz - agree, you got a point there!
2016-05-05 13:53
thanks ah_boon...appreciate people like you around..
too many crocodiles in i3 (may be almost 98%! of the popular forumers here).....
we truly truly need some sincere guys like you..
2016-05-05 13:58
Koon disposed his 40 millions share between 18 Mar 16 to 11 Apr 16 for the prices ranging from 1.18 to 1.44. Do you believe him that we would buy back the shares in large bloc at current price 1.23?
2016-05-05 14:18
Koon will disposed all, today he say buy slowly, is mean he sell slowly because that is no BIG player eat his ticket.
All BIG player Full... you know what will happened?
2016-05-05 14:20
agreed with Up_down....
maybe same tactic with Latitude..
please be careful..
2016-05-05 14:42
Koon was registered as a substantial holder for his stakes 9.928% or 20.445 million shares on 15 Jun 15. If you take into account share split 1 into 5 and Bonus issue 1 for 4, his still hold about 83 million shares after his disposal recently.
2016-05-05 14:49
This is very funny. When you make profit from those who recommend the stocks in I3, you say they are GOD but if you loose then you say they are Con Man.
So you are sure others will not take advantage of you except KYY when they promote stocks in I3? You must be very naive to think so.
If you have the mindset that everyone is trying to take advantage of you then why you still want to follow them blindly? You know you are ikan bilis, you need significant jump in share price for you to take profit but others with huge volume can make profit in just 1 or 2 cents different. So it is very logical for them to take profit if they want to. Capital market is never a equal field for everyone especially ikan bilis like you and me. So stay away from stock market if you have others investment alternative.
If you really want to be in stock market, there is no others way but to put in your effort to learn and don't expect that you can be expert in a short period of time and don't blame others for your own laziness.
2016-05-05 14:53
as i can see a lot of people in this forum saying that," if you want to make profit in stock market, you must follow the big fish, never swim against the wave". They said that when they able to make profit by follow the big fish. Thereafter when the big fish start to sell off, and they got their shares trapped or suffer from losses, a lot of conspiracy theories, or name calling comments come out. Guys, seriously? Big fish no need to eat? Whale need to survive to keep the ecology balance right? simple food chain theory don't understand? lol
2016-05-06 00:42
Big fish small fish needs to eat...OK agree on that.
But u dont have to be such a hypocrite in stock market (ask people to buy when u are ready to sell and vice versa) especially for someone having a high social status and influence like him.
For a 80+ old man who owns hundreds of millions, do u really have to go so low to make money from stock market? Even to betray the people who trusted you?
2016-05-06 06:43
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I'm curious, why this kind of heavily selling / ceasing as substantial shareholders is announce way too long after the real transaction already done. SC? Minority Watchdog Group?
Guys what is your comment on such delay?
Probably VS bosses want to tell us.
2016-05-05 02:19