Just a survey :
1. If Chinese owner makes another privatize offer b4 Nov, what is your expected price? (how much u want :) reasonable one lar)
2. How much u think he will offer ? ( not how much u want )

I agree that u have high chance to get 30-45% within 6 months profit by parking all your fund there. This is good for real investor :)
Unluckily 30% ROI in 6 months time doesn't meet everybody KPI, those who in out in out might already got 20% in few weeks time. Moreover we may have other better options :)
Example if you know another stock ie LCTITAN will up 10% in next 8 working days, would u throw PETRONM to sailing it and re-visit again later even at higher price? (assuming Petronm dun up >10%).

We dun sell 9.4 buy back 9.1 just for that 30 cents , it has many other good reasons.
U would know if you reach our level :)

If u r in this industry, you should know that many funds like PNB, EPF, KWAP etc also buy buy sell sell same stock within a few days. Sometimes can even sell low buy high which is very NORMAL.

Bro Raider, uncle ooi many times highlighted this is a good stock ; just that u couldn't understand his statement well ( eei...perhaps ur ing-ge-ris is not good enuf ; I dun say poor lar...I say not good only :P )

Uncle Ooi VS China Da-Ma :)

haha, 8.80 is too far but potentially can back to 9.10 level IF that ta-ma really bought up petron and really gonna throw it ( IF )

I also follow that ta-ma to buy Petronm and just sold yesterday at avg price 946. Btw I will definitely buy back if still can get ~ 940 on Monday. The reason didn't buy today coz it's Friday :)

1. Brokerage is only 0.24 + stamping ; total cost ~ 0.50% to complete 1 transaction (buy sell). For Petronm case, the cost is only 4-5 cents which is nothing if u look at Petronm day range/week range
2. He can unlock profit fast compare to long term investor
3. If price fly high and he doesn't dare to buy at higher price, go to another counter :) A real investor would buy back if he really confident on that counter

I am not saying GAMBLING in such way is smart however I won't criticize other ppl's style. Just like a Kancil driver laugh at another Ferrari driver : why pay so much for Ferrari ? u like give ang pow ? u like bungee jump ? learn to drive kancil lar.....

( I m new to this forum, also prefer gambling style :) not a long term investor )