Practice Makes Perfect
Eng Teknologi Privatisation - Long Way to Go!
Chin Kok Tan
Publish date: Fri, 21 Oct 2011, 07:10 PM
Chin Kok Tan
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Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Just notice that there is another announcement from ENG today about the disposal of shares by one of its substantial shareholders, Data Teh Eong Liang. After this disposal, he is no longer the substantial shareholders of ENG due to shareholding below 5%.
12-Oct: Disposed 700,000 shares
14-Oct: Disposed 1,871,400 shares
But don't worry, he is Dato Teh Eong Liang, not Dato Teh Yong Khoon. What is the relationship between them? I dun know, brothers perhaps. But based on the FY10 Financial Report, this Dato Teh Eong Liang didn't hold any position in ENG (neither executive directors nor non-executive directors).
12-Oct: Disposed 700,000 shares
14-Oct: Disposed 1,871,400 shares
But don't worry, he is Dato Teh Eong Liang, not Dato Teh Yong Khoon. What is the relationship between them? I dun know, brothers perhaps. But based on the FY10 Financial Report, this Dato Teh Eong Liang didn't hold any position in ENG (neither executive directors nor non-executive directors).
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well tq. When i look again at the price from the date of announcement it does not behave right as it never crosses Rm2.3. It should give us early warning. It looks like inside selling from the beginning.
2011-10-27 00:29
well this is for Mr Gan. If u ever study a company fundamental, pls keep in mind a company intangible assets such as brand name, management and business model. This in fact is a driving force behinds facts and figures ya.
2011-10-27 01:17
Thailand floods expected to last another 4 to 6 weeks. Electronics factories expected to have their clean rooms back up 3 months after that. Hence expect production to re-start in 6 months time.That is 6 months without income...
2011-10-27 08:23
well i present enough all negative. It rewards as well if certain things happens. I am not accountable for any rise and fall.
2011-10-27 10:18
I think much water has flowed under the bridge re-Eng. Literally!! I meant so much events happened.I hope you know the score ! You grab the grim picture ? It will be long and painful if at all boleh recover. Frankly many of us are merely sharing our views only. There is no hidden agenda, purely fellowship and mutually to enrich our experience. This portal would have served its purpose. Good luck and good bye.
2011-10-27 12:52
TQ Mike i am ready for the kill if there is one. If there is none,then forget it. Well i will forget Eng for now and wait for 4th quarter result when i think there is a panic selling.
2011-10-27 23:04
manage to find support because debt crisis can be solved. share may drop again after this happy time pass.
2011-10-27 23:09
most of the stock fly high except this... i wont trust news anymore.. quite regret why not buy more on good blue chip where they are undervalued... let me cry... cry....
2011-10-27 23:37
Mr Gan the title is now Debt crisis- Long long way to go. U might look at Eng if dead after 6 months. But debt crisis? U finished paying only considers solved u know. Now they have not started paying yet! Well they did work out how to pay.
2011-10-27 23:53
Privatised has two plans Buying out business or Buying out shareholders. If buying out shareholders Very easy send out offer letter ask them to sign One mth finished Business no changes and usually mgmt no changes. Buying out business takes 8 months becoz of due diligence report. Buying out business is buying everybody out and usually change of business plan.
2011-10-28 00:00
I would say very active trading. Very good mkt for trading if u want to sell and buy. U could sell tons of shares to mkt without sacrifying yr paper profit. Well u could sell at top price as well.
2011-10-28 00:11
whether still got hope or not only time can tell. But, tomorrow strategy should be: buy high sell high!!
2011-10-28 00:19
Mkt would be extremely active at the top and bottom. U could hear mkt challenge u to sell at the top and challenge u to buy at the bottom.
2011-10-28 00:20
well i could not think of a good reason why i should not continue to sell when mkt is willing to buy.
2011-10-28 00:27
Well Gan there are few laggards in my stocks that has not moved yet They are Utd Plt F&N (10% operation hit by Thai floods as well) and YTLCement.
2011-10-28 01:23
i advise u should sold your share first if u bought on 1.6. sell on strength, especially this crazy jump time.
2011-10-28 09:18
like me, i bought on 2.2, very hard to recover. either i loss now 70c, or hold it 1-2 years. If i expert to play, i will sell now to look for other stock. But now cannot, so treat it as FD lah just no interest.
2011-10-28 09:40
ready means what? can tahan it drop until this price? or buy more? Of course i can stand even until this price (just company wont bankrup lah). Buy 0.8? may be depend on situation.
2011-10-28 10:42
What i am saying is i will forget/will be lazy to keep track of stocks i dont hv position.
2011-10-28 12:30
With position no matter how small it is I can still have a good feel.
2011-10-28 12:39
in that sense it is not wrong to hold position at RM2.2 but u dont avg down emotionally when condition is not right. Instead u should slim down yr position as small as it can when the loss is still manageable.
2011-10-28 13:10
U know when position is small it is much easier to handle emotionally. U dont even hv to look at the stock for few months.
2011-10-28 13:13
Gan, why uncle no scold us these two days ya? He on holiday ke? Well iam going on trip as well.
2011-10-28 13:45
Well Gan i think all the uncles here has been nice with their words considering our stubbornness.
2011-10-28 13:52
ya, may be. We need to rest. As uncle lim said "money is not everything". Dont always just talk share only.
2011-10-28 15:10
Do i have any basis for 80 cents? Well when stock manipulator comes in and exploit its weakest moment. Well u hope PNB Tabung Haji and Dato is behind u at 80 cents.
2011-10-28 16:00
The market is here forever for us to play and so please be patience and do not catch the double edged knife. This is the psychology game.
2011-10-28 22:24
hihi, thanks lah, i think i no time to go for so many sessions, better do my homework loh, what to do....hihi ENG is coming back...
2011-11-01 17:28
richard, what are u going to teach in that 5 sessions? last time, i attended a short workshop presented by the qualified/professional trader with just cost only around RM150 per session.
2011-11-01 18:05
Support is only a support if there is a breakout. Resistance is only a resistance if there is a breakdown. Support is still a support if there is no breakdown. Resistance is still a resistance if there is no breakup.
2011-11-01 20:07
anyhow Mr Gan and Uncle Lim said it right. Money is not everything. Dont talk share everyday right? Good. Probably computer game, fishing, swimming, readings, gardening would be more fun. TQ
2011-11-01 21:22
Learning starts from observe without judgement good or bad. Beware of judgement spiced with emotional. If u can make peace with yourself and feel the flow of life probably u r right. Correct uncle?
2011-11-02 10:20
Alot of knowledge, expenence and respect you need to give and earned. At our height of our career and earnings...pride slowly creep into out self. Today we are pride of kung Fu associations and societies flourished round the World because our Sifus" sacrified and gave. IT IS BETTER TO GIVE THAN TO RECEIVED. Cherios till then !!!
2011-11-02 18:40
No enough to cover your brokerage fee lah except you bought more than 200lots.
2011-11-02 21:24
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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....
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I guess in this situation, we should only consider ENG after the flood subside which is about 6 weeks from now.
2011-10-26 22:18