I have been a silent reader for the past few days as it caused me 3 k as I was stunned by the speed it falls.In stockmarket,one of the common mistakes people make is over confident.We cannot completely trust what is shown in the financial reports only trust what you see i,e price action.There is a report frm Fred Tam this morning that shows the stunt they did on Comcorp in 2007.If it exhibits similar pattern there is a small rebound in the morning followed by another big fall before a rebound again then tapers off for a long long time.Be very careful

Can even get plenty at .17! Gosh when are they going to stop depressing the price!

Yesterday evening's announcement indicates that the latest 10% disposal of muiind shares is by PMIIND whom Khoo Kay Peng had taken private and buyer is his company.Is still left pocket to right pocket.You can see yesterday's movement,they are still depressing the price.Till it shows strength visible during the down market days then you will know they are going to push up the price.

AS I have said before,it's difficult to understand corporate moves.Have to pay extra attention since the crossing deal yesterday of such high volume(10%) is the 1st for a long long time.Guess can buy on weakness if you don't have enough position.

You might see the fall tomorrow perhaps to close the gap at .535 as today's result is really disappointing!

However today the direct deal volume is so much bigger i.e 10.378%

Yes! I was about to update this info.Wondering whether it's from left pocket to right pocket like the previous direct deals.

Mostly the awarded contruction counters have gone up like azrb,kimlun ,zecon why hsl awarded almost 2 billion contracts still depressing the price!

when i first bought muiind at .19 cts pmhld was .30 and pmccorp was .195.both have gone already,wondering why they are still pressing the price of muiind!

Celcom cancelled contract with mmode already,still can meh?

Ivan2222,Cd expireds on 31st march .The exercise price is 1.8 ,ration is 2:1 and jtiasa's price on 31st March is only 1.5.It's completely out of money hence you get zero value.In future pls check the exercise price,ratio,expirey date and mother's potential before you buy.Sorry for your loss,considered school fees paid.

I just know that Noble started buying from the market in 2011 till 2014 ranging from .175 to abt .225 when the orher substantial shareholders exited,can't remember the name.They have not sell a single shr based on the latest annual report.Btw 35% stake in laura ashley which is quoted in london stock exchange based on 24.6 is worth 62.66 lbs multiply 5.75 alone is worth 360 million ringgit and based on closing of .185 market cap is only 542.5 million In any case if there is a major market correction,one need not fear even if the price is lower than this cause you know the company is worth much more.If one can wait patiently for this counter at this price,I am sure will be rewarded handsomely as this counter had not really have a big move since 1993! The longer a counter hibernate,when it comes,it would stunt you.The direct deals of 27.7 million is only less than 1 %.Will keep monitoring the direct deals everyday and update you guys .

direct deal for mui of 27.7 million shares crossed at .18 cts today./

oh btw I bought 50k at .195 and 50 k at .183 recently.Not buying anymore as I dont want to have lots of money stuck for good few yrs if they want it get delisted by playing dirty!

As mentioned before,they could aim for delisting then do whatever they want without a need for approval and reporting to Bursa!Be prepared to be delisted for a good few yrs just like fountain view.Fountain though cash rich now still remain delisted where shareholders cannot get anything though it's sitting on 200 million cash according to one shareholder

Like Calvin said the 488 acres of land in JB is valuable.They also own MPland building next to AMMB and book value is 320 million.Net gearing is abt 330 million.Looking at the assets owned,won't not go bankrupt but could management plays dirty and intend to let it get delisted?Once delisted they can do anything without anyone's approval.Like the case of fountain view,it went delisted cited reasons of financial constraint.It's been delisted for quite a few yrs already and recently the shareholder got a report it now has $200 million cash after selling the landbanks.Should it be more?Only they know! It's now in a waiting game what the management wants to do with the cash! Hence buying MPCorp could have the risk like the case of fountain view

Why so superstitious ?

Tian Tian tian Huat,keong hee huat chai ! Lu boh leow lah,only can say hui,hui and ha ha ha

Holders of muiind have inevitable grown to have long necks hopefully don't look like giraffes!

Calvin.I admire your patience and wisdom as you still say very nicely without talking bad back to people who criticize/condemns you.Keep up your good perseverance.

For more than 3 queue,Bursa charges for the price feed but not if you keep on 3 queue

I cleared all my mother shrs and calls.Oil futures movement is really weak

Nylex 's result disappointed considering crude oil has been low for so many mths.Drop even slightly from the previous quarter!

Call warrants can reward you handsomely even better than mother shr when mother shrs rebounds strongly.Look out

Don't be too bearish lah! All the negative news already factor in already.

Don't be too sure on that! Sometimes I got carried away and overtrade!

Ai yoh you guys better stop attacking each other not good for your karma,lol!Gray and Desa must have made many enemies.If that's the case examine how you speak.I being a strong Buddhist believe in karma.Don't do what you don;t like people to do onto to you.You will get it one day.Not too late to change for the better,lol!

For me it's not easy to trade this market.Once bet heavily on counter that is against you,one cut could have a deep cut into the accumulated gains.I am trying to minimise that and careful,Though careful sometimes also kena !

Desa,I hope you are right there.As said before it's nervous to long oil futures and stocks as well.

The oil prices is really weak!

Thanks,nothing concrete.

Tengkuleesai,can you pls elaborate what massive scandal at Tabung Haji that you are referring?Don't lah keep us all in suspense!

I totally agree with Coolinvestor,you need nerves of steel to be very successful in sharemarket investing.No matter how very cheap you buy in terms of fundamental valuation,you can still suffer losses.massive if you wallop.Character of a person is also important in share investing.Some people just cannot stomach too much losses and on thr other hand some people just have the nerves of steel.The latter who viewed it rightly are handsomely rewarded.

Yes indeed it has but the fact people who long on oil due to oversold has been slapped with heavy losses hence you can see many are very skeptical on oil bottoming and wanting to short on a higher level which they believe will come down in a few days time.People who long also are very nervous.The move downwards and speed it does of oil future is probably one of the worst that I have ever seen in my lifetime since I started trading 1992!

Oil is 32,37 yesterday's high is 32.62 and today is 32.42.Looks like ard 32.4 is quite a strong resistance which is ard the low in 2009.Not surprisingly since it moves from 27 somethhing in just a few days time

Yes,that what he is saying.The thing is the whole is so bearish on oil and he didn't say rebound but flaming big bull market lead by oil and gas counters.For that to happen there must be something happening for the whole world to change it's outlook on oil price to have a bullrun.The fact he has not be wrong in such a major call like this keep me looking at oil and gas counters.In fact I kiasu and went it earlry which I cut it out but went in again the call warrants when oil was hitting ard $28 something which in my opinion is rather low already.Of course low can get lower,I didn't a lot at atime till I see a rebound in oil on Friday.

What price target would you consider a reversal?

Desa20201956,that is his view.You don't have to criticize ,you don't need to agree either.It's a guessing game after all only time will tell whether you view it correctly or not.

The trouble with you guys in the forum is using words that sounds like personal attack hence ego is dented.If we could debate on a pt without using those words,isn't it nice that both sides can see the other side's angle that could be beneficial to your decision making?

One of the oil forum guys has just said Saudi agreed to cut production.Again how true the new is,we don't know.I am just saying whatever you see in the media and laid on the table,don't be too negative.Open your mind to possibilities and watch O&G stocks.Things could suddenly turn and you will just missed it. Even ClSA believes in feng Shui and gives out feng chart every yr without fail.There must be some degree of accuracy in it,otherwise why they spent money on it.You think cheap?Probably not.

If you say US has so much oil to sell to the world then it's not US's interest to keep oil prices low,isn't it?What's the pt of plenty to sell but the price is low and create high inflation that they have to increase rate aggressively which would cause market crash!They had been trying hard to have market up since so many yrs ago!

BTW,US still wants very much to be "Tai kor"! They can't afford to let US currency runs otherwise their technically bankrupt is confirmed officially PN4 already! WHich country in this world who borrows so much still can fetch so high value for their currency?Only US!

As I mentioned earlier according to Jim Paulsen ,normally oil plunge from history cause US economy to recover strongly and core inflation rises instead of coming down and they have to raise interest rates after that.25 basis pt already cause havoc to the world stock market including US and from the past yrs,you can see US just wants their stock market to go up hence perhaps they are pushing it back up again.This geng feng shui master is forecasting a flaming big bull market lead by oil and gas stocks for 2016 and they will rebound from it's trough to a big change.So far following him since 1997 he has never gone wrong on forecast like that hence it's something we have to watch out.It's an abstract we layman cannot see.How did oil go from $10 to $147 in the 1st place?It's something unthinkable ,right?When it was $147,golman sach said it's going to $200! WHo foresee it's going to hit $27.5 in a fews yrs time?When they want to push to that level,they will justify with whatever they can think of ,so is in the bear market.I believe every market(whatever tradeable) is manipulated by the big boys.When prices come down to certain level,one must not listen too much nor take seriously what is published,Remember media is used as a tool by big boys to flash out the weak holders.

Ai yo,forum is for discussion only why personal attack?No one really can see the future except perhaps the feng shui master yet he can still be wrong,lol! Only TIME will tell whether you are right or wrong,so don't be so offended.If you are wrong,so what?No one can be right all the time and we are all guessing all the time even with charts or even based on your fundamental assessment as something can just change overnight unexpectedly and everything changed again! Nothing in this world is permanent!

Perhaps now I can understand why there is a sudden turn around in oil prices not due to bear rallies but intend for good.Accidentally I came across an article by Jim Paulsen saying from history oil price plunge has always cause US economy to recover strongly and core inflation to be up instead of down and interest rates has to be hiked due to that reason.only .25 basis pt already cause havoc and US cannot afford that hence they are pushing it back up!

http://www.bloomberg.com/news/articles/2016-01-22/oil-is-trade-of-the-year-for-citigroup-after-iran-export-surge

http://www.bloomberg.com/news/articles/2016-01-22/oil-is-trade-of-the-year-for-citigroup-after-iran-export-surge

Perhaps oil prices hitting this level is US doing so they thought would kill Putin first.It could be hidden political moves but ultimately if it doesn't kill Putin but instead of it's own people,they could change strategy,lol

Thank you,Calvin for the lengthy explanation.How do you see Engtex?

Oh btw,in sept 1998 he said sudden change,one will never expect Datuk Anwar sacked as deputy PM and put in jail!