https://www.marketwatch.com/story/heres-how-the-stock-market-has-fared-after-similarly-brutal-losses-in-a-quarter-2018-12-24

There will be a mad scramble to buy Supermax next year,especially so when Dow Jones starts to rally again.

wiki123,you are really on the ball. So fast in informing everyone. Thank you.

Hands itchy,bought again at 3.26.

How many investors hold for 21 years! Not me anyway. Don't even know if I will be alive or not. Best of luck to you in the share market if you are still around in 2040.

My brother had an operation in Hong Kong to correct his myopia,back in 2012, and it cost him 50k ringgit to have a 20/20 vision. It is extremely expensive. It may be cheaper now but still out off a normal person budget and you have to take time off work. As for laser,just go google search for the side effects before you commit yourself.

http://www.theedgemarkets.com/article/us-fund-castlelake-buy-planes-airasia-us800m-deal-%E2%80%94-sources

Thank you for the infor. wiki123.

wiki123,like this I shall save all my year end bonus to get ready to buy more superman.

The last time I sold off Supermax was 4.43 and now I am gradually buying back. I am not asking anyone to follow me. You have your strategy,I have mine. Everyone can do what they like. No problem with me.

I have been collecting between 2.84 to 3.69, did not sell any and do not plan to sell. Keeping. Down again buy again. Every month set aside some money to invest for the future.

Bought a little bit more at 3.47

wiki123,my secretary also bought at 3.42 last Friday during the last 10 minutes. I was in the q but did not get any. Today bought at 3.59. Do not matter to me come what may,keeping.

With oil price staying low,there is a good chance of Airasia share price going up.

Mother share needs to go up by 40 cents. Before sp.div. announcement mother share price was around 2.90, after sp.div announcement mother share did not go up to 3.30. Airasia share price need to go up to 3.30 to maintain the value of the warrant traded daily,or Airasia need to stay at around 2.90 ex div. Hopefully the price of Airasia will continue its upward trend.

Nothing to do with the exercise price. It is the daily warrant price itself.

As the share price will come down by 40 cents ex div. Those who are holding the warrant please be careful.

Airasia will received a lot of interest from bank by not paying out all the special dividend at one go.

Supermax brand

wiki123,contact lens also advertise in Wechat.

GST can be refunded in a few months time,income tax refund will still be refunded within a year. Money from PETRONAS.

Yes

wiki,they transfer to short term because they will get back the refunds in a few months time. They do not want to be tied down with long term debts. They will definitely pay the short term debts because they are short term.

LAST QTR. is over it is already in the past. What is important is the current qtr. and the future earnings.

wiki123,agree with you. A lot of investors have overlook this. Cash flow will only get better. Less interest to pay as well.

qqq3. Back in 1997,I had bought heavily when PBB was 90 cents against everyone advice. The market was falling like no tomorrow. My remisier even refused to carry out the transaction for me as he said PBB would fall to 60 cents. Told my remisier to buy on a Monday but he only did the trade on Wednesday. I had to tell him that it did not matter to me even if it went down to 30 cents as i could hang on to it. Finally,sold PBB at 2.10.
The same thing happened again when during the subprime crisis,PBB had fallen to 7.40. Everyone said it would go down to 6.00. Finally,I sold it at 12.00. I had chosen 5 warrants as well and my remisier again did not want to buy for me these 5 warrants. He said it was too dangerous. I made 30k in 3 days from the warrants.
Another share that my remisier refused to trade for me was PIE,back in 2006 or 2007 I cannot remember exactly, I was buying from 2.70 right down to 2.30. For every 10 cents drop I bought again. My remisier told me not to chase after the share. Finally,sold it at 4.34.
It is fine by me if your method of investing suits you. I sincere hope you will make a lot of money. I am not asking anyone to follow me. If you can time when to buy,great. I am not as smart as some of you guys in this forum. I just look for a company with good prospects and is fundamentally sound.
Come to think of it,I should change my remisier.

qqq3. That is why you need to do your own research to determine the risk. That is also why you need to choose a fundamentally good company.

qqq3,agree with you in buying at a low price,rather than chasing a share when it is going up. Down side risk is limited.

That was why I bought at 3.69,3.58,3.41,2.89 and 2.84. I bought Supermax gradually as the price came down. Pick a good company and just hold it for a bit longer. I pity those who panic sell but did not buy back as the price came down. But than again I can afford to hold. Everybody has a different strategy. Just don't impose your view on others.

https://www.theedgemarkets.com/article/airasias-redbox-selected-shopees-east-malaysia-logistics-partner

That was why I kept on buying as the price came down. The lowest price I manage to buy was 2.84.

wiki123,contact lens business will start to show profit in the second half of FYE 2019. Watch out for qtr results at the end of Feb,19.

https://www.theedgemarkets.com/article/supermax-jumps-648-firm-1q-earnings-target-price-upgrade

Everyone is just trying to help each other in this forum to make more money. The intention was not bad. Each of us has a different style of investing. For example,I kept on buying as the price went down. My last purchase was at 2.84. I did not catch the bottom but I am happy with it. I will not be able to sell at the peak either.I first bought Supermax at 2.00 and then it went down to 1.70. I sold at 4.43 but it carried on going up till 4.60. My strategy might not be what others preferred. I am not a high risk taker. I invest gradually. Nobody has to listen to me or follow my strategy. It is your money,you are free to my your own choices. If and when you have given an advice and others do not wish to follow your advice,it is their own funeral. Let them be. Let people in this forum air their views and make their own choices.There is no sochai here as far as I know because you are smart enough to invest in the share market.

As for me a PE 22 - 24 for now is fair value. Will be higher when contact lens business takes off. Unfortunately I cannot control the PE ratio,only the fund managers and syndicates can. I am only sharing what I have done,I am not a sifu.

Thank you wiki123

wiki123 the offset will result in a better cash flow. Earnings will not be affected. Supermax still pay the same amount of tax due but can offset against refund due from the Inland Revenue.

Depreciation is not allowed when calculating tax. You are given capital allowance instead. The deferred tax is just a timing difference between depreciation and capital allowance.

Bought again 20k at 3.41

Bought 20k at an average price 3.635. One local fund selling because of margin call. 3.60 PE 22.27. Keeping till end of next year.

It depends on RHB share price. OSK will follow RHB

Total vol.traded today was 878,100. Not even 1mil.

Paying 1.20 to convert half the wa that was issued to him is like buying 178,288,582 mother share in the open market. Total wa issued was 356,577,165. We know more than half belongs to him. I am using half as an example. Pay 1.20 ringgit for something that is worth more than 2.00 ringgit to him,why not.Just imagine buying 10m shares every trading day for at least 18 days. What do you think will happen to the mother share price.Or buying 1mil.share per day for 178 days,i don't think OSK share price will remain fixed at 1.20 ringgit.

Cheapest way for olh to gain more share in OSK is by acquiring the WC.

https://www.channelnewsasia.com/news/business/hyflux-reaches-agreement-with-creditor-maybank-over-tuaspring-10506222

https://www.thestar.com.my/business/business-news/2018/07/09/go-for-high-dividend-yield-stocks/

Sorry I am no sifu. Just wanted to share what I am doing. If I had known how low,I would not have bought at 2.30. You could say that I am a long term investor,normally hold for 2 years unless the share has gone up a lot. Hold till end of Feb,19. bcos Y/E result out by then. Revenue this year will be affected by the client who had changed it's payment policy. When you compared with last year revenue and profit,you have to keep this in mind.

Bought 40,000 shares at 2.30. I shall hold til end of Feb,19.before I consider anything. I cannot advice you to hold or not to hold. As for me,the dividend received is a good reason to hold. Another reason why I can hold is I have just made some money from Supermax. Bought 30,000 shares at 2.05 and I have just sold it at 4.43.
It may be syndicates are manipulating,foreign funds still selling affecting confidence in the share market,EPF selling down,retail investors cannot wait anymore. Most likely the combination of all these reasons. The profit that I have made from Supermax will be used to buy more of PIE. I intent to buy another 40,000 shares at around 1.28 to average down my cost.Wish you all the best.

Business is good,therefore expanding.

http://www.thestar.com.my/business/business-news/2018/06/25/pie-embarks-on-biggest-expansion-plan/