Bursa Hunter-net-Hunter

R.I.P., KLSE.MY (TRIBUTE)

kakashit
Publish date: Wed, 29 Jun 2016, 11:45 AM
kakashit
0 54
Small & Mid Cap Buddy

小股不一定是仙股,但小股一定很容易成长

u can reach me at
email: lawrencetaneo@gmail.com

 

Today when I wanted to do my daily homework, which is browsing KLSE.MY, the webpage popped out something different.

 

 

 

I was shocked and feeling lost immediately. I knew that I have lost one IT great helper.

 

There are many features in this free portal and one of the best is the compilation of insiders buying and selling.

 

Generally, Directors and substantial shareholders who are busy buying back their own company’s shares is a good indicator of undervalue, because they’re the people who know the company the best

 

Peter lynch said : “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.”

 

KLSE.MY had shorten up my time in looking for stocks and helped me made a lot of money.

 

The stocks that I can't make money without the help of KLSE.MY are Dufu, AWC, KPSCB, Pohuat, Fajar, Dsonic, Johotin and etc. Just to name a few, the list is not exhausted.

 

When I study a stock, it is not the future prospect that matter the most, but the past, the history and the facts. Because how a company performed in the past was gonna affect how it performs in the present and future.

 

KLSE.MY was able to provide the links of the news, blogs, bank research in both English and Chinese dated back to 5 years while i3 investor just keep the data for 1 year only.

 

While browsing the KLSE.MY, we also read the great quotes on the sidelines instead of advertisement. Not only they provide the quotes from famous guru like Buffett, Graham, Lynch, they also show up local like Dr. Tan Chong Koay.

 

I felt like standing on the shoulder of giants when reading these quotes.

 

Bursa sucks

Do you notice there is a bug in Bursa official website and they haven’t fixed it yet for quite sometimes?

When you click into a particular company page and try to click “view more” and it leads you to a general annoucment page instead of the particular company’s page.

 


 

You have to try a few times until it get into the company’s page and every stock page that you can find happen to have the same bug.

 

In this world time is money, imagine how much opportunity cost we have lost due to Bursa’s negligence.

 

While there many so called “unlicensed” websites out there, actually they are doing free promotion for you, Bursa, you should sponsor them instead banning them for spreading publicly available information in an organized way.

 

The act of Bursa is really defeating the purpose of encouraging more retail investors participating in the local stock market.

 

This is the final screen capture of KLSE.MY home page, I really hope it will come back and will not be the history forever.

衷心感谢KLSE.MY团队在背后为股票界默默地付出,藉此我给予至深的敬意。

I hope the administrator can open a donation account, so that  we are able to show gratitude for its contribution.

Discussions
10 people like this. Showing 20 of 20 comments

aidwiz

such a loss. the condensed approach of this website will remembered.

2016-06-29 12:19

younginvestor92

It's like people promoting their business for free and they want to charge them for it.... So so stupid....So called 'working like a robot' mindset, can't think on a big picture and only able to follow rules.

2016-06-29 14:11

Hiu Chee Keong

Yes, klse.my is the best, it got all the information needed and it is very easy to navigate. now i dont know where to get all those inside buying aelling info :(

2016-06-29 14:44

fairuzzz

i've been using klse.my for a while now for research and i really like its company fundamental data features.

bursa is taking a step backward by shutting good stock investment sites down while letting sites that promote spurious stock pick services to continue.

i really hope the owner of the site will bring it back up one day

2016-06-29 15:24

Si Min Tan

this is ridiculous. nothing from our Government based company ever make a wise decision. All they know is charging those works really hard. I really wish they could make use of their brains.

2016-06-29 17:18

Kenz

Just like stepping into a goldmine but not knowing what gold looks like.

2016-06-29 17:46

VenFx

Bursa has been Protonized , finally come out it's stupido action.

2016-06-29 18:16

Apollo Ang

LGE arrested, all should boycott bursa

2016-06-29 20:01

SharehlderOppression

To the founders of KLSE.my,
Why not start a subscription based service.
KLSE.my's information is far superior/simplified than any of the broking houses/trading exchange.
Big institutions/conglomerates may deter your efforts, but if you don't try you'll never know.

2016-06-30 10:21

meathere

Why would you want to pay for another subscription when we all already paying for our trading platform? We should try to make the platform providers to compete among themselves for our business - their subscription base - just like telco.

From my earlier posting at R.I.P. www.klse.my:

Bursa is considered monopoly business since can only have one SE for Malaysia. Unlikely it will budge. The question is how many ppl want or like to shift to trade in overseas SE completely. So Bursa knows they have this upper hand. Still think is our trading platform providers since we are paying for their services and with growing retail investors they are competing for more subscriptions base. IF say CIMB or TA trading platforms have very good centralized database and is user friendly, HLEbroking, RHB, and the like will follow suit to improve and provide similar service to compete for market share. These providers have stake and they have deep pockets to invest to grow their subscription base just like telco business.

Cheers.

2016-06-30 10:32

kakashit

The point to be argued is whether there is a copyright issue on public available information.

KLSE.MY did not steal the data from Bursa, they just collect the data n compile it again.

BUrsa should hv no right to licensing their data, they are just the middle man to make announcement on behalf of every public listed company.

Hope MSWG n the Edge could do the justice for us.

2016-06-30 11:29

Jonathan Keung

same as proton perdana. rebadged old Honda model but claim fine tune by Proton

2016-06-30 11:32

kakashit

Important: Bursa Malaysia does not verify or endorse the contents of announcements made by Public Listed Companies.

Bursa Malaysia does not have control over the contents of these Announcements and is acting as a passive conduit for the circulation, publication and dissemination of these Announcements.

See, Bursa already made disclaimer, they do not OWN the data.

2016-06-30 12:09

meathere

Without knowing exactly what are the charges encompass by Bursa or the detail of Bursa rights we only assume this issue involve data rights. Since Bursa can issue the right to charge, I bet there more details that we do not aware whereas KLSE.MY having their operation at stake, very likely they would have went thru all the charge details, their rights, talk to relevant authorities or parties before they have no choice but to shutdown. It may seem like unfair or ridiculous ruling but I think it may not be that simple for Bursa to be able to impose the restriction and make KLSE.MY to shutdown if just base on their whim n fancy.

2016-06-30 12:40

annmix

these monkeys now are jus interested to eat money now, they dont care for the rest.. malaysia jus going backwards and waiting to doom only, hopeless

2016-06-30 14:45

Yuki Liung

ppl instruct closure = prawn brain

2016-06-30 15:07

Red Horse

What a great loss. I view www.klse.my, 1st thing in the morning every trading day for any corporate action of my portfolio. I also use the financial info for stock selection. Very sad.

2016-07-01 11:15

kakashit

Oya, I hv also forgotten the agm/egm meeting calender provided by KLSE.my. It reminds me of what companies' meetings that i should go for a visit.

2016-07-01 13:05

kkchoo79

Any others similar website?

2016-07-01 20:29

imoogi99

Hmmmm...will i3 face the same fate? i3 also compiles a lot of info from bursa or link to bursa. Or is it only klse.my because of the name KLSE???

2016-07-01 20:57

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