Structured warrants started it's maiden trading in 2005/2006.I did benefit a lot from these instruments.Those days commission 1% also easy to make money ,now have to be very selective though comm is 10% only of those days.In our stockmarket,normally second/third liners will top out when the volume surged extraordinary just like a few wks ago when volume hit 5-6 million.All these yrs,it has never changed! I wonder what sector can perform decently this yr!

oh ahp.ya even $1 loan stock went well above $1.

Those days,as long as KLSE is up,you will make even if you close your eyes to buy any stock but not anymore.Nowadays,you have to be selective even index link stocks.

In malaysia stock market,how many of those 2nd/3rd liners which were pushed aggressively still exist today? Just a handful practically most of them got delisted.Hence always be vigilant and mindful that the syndicates could be pushing those non fundamental stock to dizzling heights to distribute as much as they can as they know it possibly can't make it and would get delisted.It's ironic people will bargain hunt when a rubbish stock that was pushed came down but people won't buy a fundamental stock no matter how low or cheap it is.Hence the syndicate pushed to distribute as they can find buyers if they push.

Idris,Granite?It came down because Tun Daim said something can't really remember though

if .195 cannot hold,probably 18-18.5.will buy more at level

sold what i bought friday.lost commission.still hold earlier bought at .2317. waiting to avg at .195 instead of .215

Anything is possible with the current sentiment.Waiting to avg my cost of .58cts

I noticed property counters are extremely weak.Construction counters are generally not that bullish either.Despite gadang ann good results,it hardly goes up.I am not holding Gadang either.It's just an observation.Since mrcb is into property and construction,I need to be cautious.

I was in this stock earlier.I had to take abt 6% losses.I had cut it out ard .805.Very weak with little support.In general plantation stocks and property stocks as well are very very weak.If you look at their ann so far only 2014 and 2013 forth quarter are better than 3rd quarter.Most of the yrs 4th quarter ann poorer results than 3rd quarter.With major world market most likely in the correction mode and weak support,I decide to sell out.Moerever you can see most of the plantation stocks are extremely weak.

faizkl,as for me,I am very cautious now.I would rather stay away from the covered warrants .In fact I even had raised a lot of cash.The investment banker can be very cruel with the price!No mercy and when opportunity arises,you are at their mercy cause bear in mind if they can have opportunity to milk you why won't they?This is a dog eat dog world!

Yes,if you are the operator for this stock Sarahdeaton.Even if you are operator also depends on world market sentiments.Frm the comments made so far,I don't think you are the operator,lol!

result should be out end february or latest early March due to a short february

Thank you very much,hoolahoo for the explanation.

You mean when Hengyuan takes over,they had fired those inefficient mgrs and can they terminate those contractors just like that? If they do then is the first step in the right direction.This stock is still in my radar screen but I am not in yet though I went in the last round at 11.75 and had cleared.Yesterday I forgot to look at the weekly chart .It's another opportunity to trade when it hit the 20 ema weekly chart.Notice that the rebound is always kept at the previous support area.Techincally though I am no expert,seems to me like downtrend.Let's see after the rally yesterday,what's the next move.Time and price action will dictate the direction as I believe the market mover has everything in place including articles/results in mind to move to their desired destination.

hoolahoo,why don't you try?Don't give a damn of what others said.If you know the answer,pls share.Thank you

It's important cause then you could look into possibility of what could go wrong.You know things are ever changing and won't remain the same forever.

I like the ann made that day.I avg out yesterday hence my avg price is .225.it it goes down to .195 will buy same qty and same qty at .185 Prepare to endure the paper loss

Assuming what you had said earlier were the real reasons,what do you think it's explanation as why Shell could not deliver the results way back in 2013/14 when crack spread is even higher than in dec?I checked the chart the price then was $9.

Mr Koon,I read your blog just now.While I wholeheartedly agree with what has been said in item one,not many have the character,conviction and patience to reap the fruit that they are supposed to get.Value investing is not an easy task to achieve unless you have the traits I have stated above.When you see your counter not performing when market has gone up so much or other counters have risen sharply,you will be questioning why this particular counter cannot perform instead went down.It's not an easy emotion to contain and you probably cannot imagine the frustration one has when she dumped every capital she had in that undervalue counter she had identified.I am not referring to Hengyuan in this case.You could if based on the facts presented so far.However I am a bit skeptical cause of the following reasons 1)Why did really Shell sell to Hengyuan at that cheap level which is historically at the new low based on my 15 yrs chart which is $3.17?I was told the margin for refinery is very thin.Assuming they were trying to raise cash and not to spend more money to upgrade,can't they possibly think oil prices falling from over $150 to $26 probably could have possibly seen the low that they have to sell their refinery at all time low prices?If based on their experience that they have seen oil price at $10 in 1997/1998 must they sell at all time low price?I cannot seen what is the low at 1998 price for shell.As we know the all time high for Shell was $19-$20(cannot remember exactly) hit in 1990 something i.e oil price had been low then ard $10,isn't ironic that they were willing to sell at such low price?Unless they are amateur which they are not,they should have experience enough to know crack spread cannot stay low forever as demand is still there if that's the reason for selling then. 2)why shell cannot deliver the result as Hengyuan does when oil spread is even higher in 2013/2104?Does it mean Hengyuan has a magic formula Shell doesn't?.3)When they first ann .93 eps on the 1st quarter,it gapped up to 6.30 then pushed it all way down to $4.86 before slowing going up.It just tells me one thing,it's a highly manipulative counter.The syndicate has enough ammunition to bring up and down the prices .

I forgot to include exception is that unless your counter really buck against the overall correction mode.I have seen before no matter how bad the correction of the market,the particular counter doesn't go down but up.Can you been so lucky?Only time will tell.

In view of the leading Dow market correction mode,its risky to take a bet on all call warrants.I view this Dow correction not a mini pullback but could be a sharp one as it has been up relentlessly.Hence be careful and not too gung ho as sometimes it can pullback so sharply that you couldn't believe it could break many support levels.During time like this,call warrants that has the lowest ratio will likely lose most in terms of percentage.I had been trading call warrants since it started sometime in 2005/2006.Many people darent trade call warrants cause they were badly burnt or seen how badly people lost money.In my opinion that's because many people don't know when they should cut nor when to stay away.One should look at overall world market health first before looking at your counter cause though your counter many be still bullish but it could easily change when world market is in the correction mode.Currently it's most risky to hold call warrants unless you think now it's at the tailend of the correction.If you think the correction will end now,it's one of the golden opportunity to buy in the call warrants when they had been severely bashed down.In stockmarket,you need to manage your risk no matter how much you have gained nor many yrs of experience in the market.The above is just a matter of my opinion.You are mature enough to read articles to judge yourself.Always be skeptical of motive of the writer cause you really don't know who they are and their intention.Happy holidays to all

Counters that are over-played is unlikely to limit up after it came donw lah! I used to buy awc ard 30 cts,lol!

Can you then explain the reason why Shell could not deliver the kind of result Heng Yuan does back in 2013/14 when crack spread is much higher?You well know that crude oil went well above $100 if not mistaken %150 there abt.

I no longer hold WB and c26.

If you look carefully at the mthly chart,50 ema now stands at .185.Hence it should not break .185.If it does,good chance it will break .175 hence need to be careful unless you don't care abt paper loss.100 ema now stands at .15 cts.In my opinion,if it breaks .175 likely will also break .15.Pa traded just now at .10 cts which means .175.Sometimes the syndicates use opportunity to bash down the price then collect back again.They don't care abt paper losses as they are chong ker and know when they will push the counter.We are just follower only!

My worry is Dow is in correction and the band width for the mthly chart is very very wide.I don't know how long the correction would be hence it's prudent and wise not to guess and bet it will hold at .175 . If it doesn't hold at .175 then no eye see cause it could correct very sharply.Better manage risk.

Luckily didn't buy at .195.abort plan to buy at .185 cut loss at .185 those bought at .20cts

Btw,I have no intention to bad mouth Hengyuan nor promote.I trade when opportunity arises where I think I can make money out of it.Hence I am watching the movement.

Probability,whether you have 20 yrs or 2 yrs experience in the market,if you follow blindly what the facts presented when the price action is telling a different story,it's very dangerous especially for someone out there who uses margin facility.It could completely wipe out their gains even worse lose even if they had entered at a lower price.It really depends on quantity they purchase at a higher price.The norm of people's behavior is buying larger quantity at higher price as they gain more confident like what people may say over-confident.Anyway,I am not doubting your genuine interest at heart.I am in this industry long enough to witness how people who make so much money for a super bull counter ended up losing everything including his capital! If one is using cash to purchase, as long as the fundamental is really solid,at most paper loss and it would eventually go higher to reflect the truth value.Having said that,I question why shell could not deliver that kind of results in year 2013/14 when margin spread according to the chart is much higher but no one so far can answer that question or perhaps no one has done an analysis on it.I am not a fan of Warren Buffet but I do respect his achievement.Recently I attended a class in which the lecturer taught abt value investing hence inevitably his name surfaces in the hand-outs.One of it is he does question what could go wrong when investing.In my opinion,irregardless of number of yrs of experience one has in stockmarket,it's only wise and prudent to manage risk.

As I have mentioned earlier,don't follow blindly.Read facts/articles presented by people who are pro/against ,evaluate,conclude and make your decision,don't forget the very important factor managing your risk.There are all kinds of people out there,you really don't know their intention.Some genuine,still could be wrong due to a dynamic and ever changing market condition/sentiments.If you lose money,reflect yourself where did it go wrong instead of blaming others.In that way,you will improve forward.

not sure whether can get at .185. equal amt at .185

bought some shrs at 20 cts.waiting to buy the other half at .195

You don't buy structured warrants if you think mother shrs is on the downtrend.If you think mother shrs is going up,you buy structured warrants that not too expensive in premiums ,lower exercise ratio and longer expiry date.The percentage returns is so much higher than you buy mother shrs.Of course you need to be discipline and must have a cut-loss point level.

Cut loss last batch today

Cut loss today

I am buying heavily too

taking a bet today.bought avg .706

In my opinion,it's still consolidating.It is possible to test 1.1-1.12.It's ranging now to narrow the bollinger band

of course wb too

I strarted to buy back c26

.95? I don't think so lah.The worst probably is 1.1-1.12

As I see it,the bollinger band width for mother shrs and c26 is still so wide,I see higher chance of consolidation.I am still queing .36 and .365 for wb.

Ricky Yeo,since you have an indepth knowledge of how business creates value,why don't you share with us?I would love to hear from you.I am a non-business woman who only knows trading of shares.Thank you.

KYY holds huge position.If you were him,would you tell others you are going to sell?People know you hold huge position,wouldn't many who knows run first?Would you do that consequently you find few buyers and the price go down? Remember huge position,you either make big or loss big!Similarly if you want to buy a stock,would you tell others that you are going to buy a stock before you have accumulated enough?Hence you must read articles/news with a pinch of salt,evaluate then make conclusion yourself ,never follow blindly.Read them ,do your homewrk,access yourself then make your decision.If you lose money,you should reflect yourself where it went wrong and not point fingers at others.Only then can you improve your trading/investment.

sold

Hopefully,it doesn't break 13.4.If it does then high probability it will go much lower.

As I see it,due to possibility of Dow correction,it's not impossible for mother shr to test 1.16-1.17 hence it's prudent not to be too gung ho on the call warrants now.Wb possibly might test .365-.375 level.

There is one thing investors need to bear in mind is that wide crack spread cannot exists forever.You have seen how mycron,cscsteel had risen to all time high due to the high margin spread between hot and cold roll earlier on.When it normalised,look at their price now.Similarly ,I believe wide oil spread margin neither can exist forever,it will also normalise.I do not know at all the reasons the crude spread suddenly spike up ,we can only guess from the chart when it's going to.Therefore,whatever fundamental arguments can change too.Hence a need for risk management.In stockmarket,it's important to manage your risk as without doing it,you could lose all you have gain no matter how big the amount is.For those who believe the strength of feng shui,there is a master who forewarns there could be a stockmarket correction between 20th-29th Jan which also a time for you to buy then.The above comments are basically my opinion only.

I bought back mother shrs at 195 and ,20cts today