DaitoRyu

DaitoRyu | Joined since 2014-01-28

Investing Experience Intermediate
Risk Profile Moderate

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2016-04-22 10:37 | Report Abuse

Yeah toktok is the master, follow him hahaha.

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2016-04-22 09:50 | Report Abuse

Crazy if you bought above ..21

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2016-04-22 09:39 | Report Abuse

2.02 - 2.05 enter

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2016-04-21 18:27 | Report Abuse

Thanks tomwah, but what does it all mean exactly?

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2016-04-21 16:52 | Report Abuse

If I remember correctly Fahmi said on Fridays its always down, and that is generally true, but not explicitly. Perhaps have a look tomorrow

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2016-04-21 16:50 | Report Abuse

No not stuck, still in profit here, but expecting more to come and am not in a rush. Can't make up your own mind is it?

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2016-04-21 16:41 | Report Abuse

knock yer self out ruby, why not make a calculated guess yourself?

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2016-04-21 16:34 | Report Abuse

That's a very simplistic view justinvestor and not necessarily the way things work.

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2016-04-21 15:57 | Report Abuse

Well done stainlyho37, good call

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2016-04-21 11:50 | Report Abuse

looks like noluck is in luck...Good luck, ahh so many lucks

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2016-04-21 11:00 | Report Abuse

If I had more bullets I would pick up more, unfortunately I am fully out. Still holding.

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2016-04-21 08:16 | Report Abuse

I am not in a gang and don't I wish to join one, just thought you'd like to know ¯\_(ツ)_/¯

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2016-04-20 21:55 | Report Abuse

It's called dope for a reason Teddy ;-)

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2016-04-20 17:01 | Report Abuse

I wouldn't bank on anything capital say, they are not the best to be honest. However, vivocom is good and is going places.

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2016-04-20 16:56 | Report Abuse

I hope your right stainlyho

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2016-04-20 15:26 | Report Abuse

There will be many ups and downs, they are still trying to protect it,so you might be lucky, don't hold long

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2016-04-20 15:25 | Report Abuse

Good luck, no_luck

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2016-04-20 15:05 | Report Abuse

I never said anything derogatory about anyone on this board, nor have I proclaimed to have made any amount of money, I am sure he is a good chap. So get defensive all you want, if it helps you, perhaps it is you that has some growing to do.Tally ho.

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2016-04-20 14:52 | Report Abuse

Teddy been smoking dope.

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2016-04-20 11:58 | Report Abuse

Mat other than blowing hng33s trumpet, whats your point relating to this stock?

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2016-04-20 10:04 | Report Abuse

Support at 4.27

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2016-04-20 10:03 | Report Abuse

Will keep on dropping as I said before,take your money and go while you can, without getting burnt too much.

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2016-04-19 16:17 | Report Abuse

Buy some more if you can!

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2016-04-19 11:51 | Report Abuse

Yup, hold, just a waiting game now. Unless you are desperate for cash etc, then jump of course.

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2016-04-19 11:44 | Report Abuse

I hold my hands up! I am not an expert in this countries politics. However, I think if you were the expert you claim to be, you wouldn't have the inclination to spend so much time playing the fool on this board.

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2016-04-19 10:51 | Report Abuse

wei8, get over it!

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2016-04-19 10:34 | Report Abuse

The ban on foreign workers may be lifted very soon. That's why you should also buy MYEG!

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2016-04-19 09:43 | Report Abuse

MER: Reiterates Outperform on MYEG
Author: kltrader | Publish date: Tue, 12 Apr 2016, 10:07 AM

Macquarie Equities Research reiterated an outperform recommendation on MYEG on the back of an expected pick up in registration under the illegal foreign worker rehiring program. Read excerpts from report titled “Carrot and stick to drive registrations” to find out more…

Event

MER maintains their Outperform recommendation on MYEG with a DCF-derived target price (TP) of RM2.60. MER expect a pick-up in registrations under the Illegal Foreign Worker Rehiring Program in the coming weeks, driven by finalisation of the levy hike, the freeze in new recruitment, a marketing campaign promoting awareness and stern warnings from the government. The pick-up in registrations could rerate MYEG’s share price from its undemanding 20x CY17E PE.
Impact

A slow start, but MER expects registrations to pick up in the coming weeks. The rehiring program, which commenced on 15th February, has had a slow start with only 15,822 registrations as at 10th March. The government had since brought forward the deadline to 30th June (from 31st December) to encourage faster response from the employers of illegal foreign workers.
Businesses are dependent on foreign workers and rehiring is a viable option under the current recruitment freeze that was announced on 19th February. With no clarity on the duration of the recruitment freeze, MER believes that most employers will sign up for the rehiring program.
Finalisation of foreign workers levy hike on 18th March removed a major uncertainty that was previously creating confusion and slowed registration. To recap, on 6th February the government announced a temporary postponement on levy hikes following a public outcry over a steep hike.
Better clarity and smoothing of process flow should translate to higher registrations, MER thinks. There are currently hiccups and confusion over several aspects such as eligibility, documents needed, fees. MER believes these kinks will be ironed out, translating to higher registrations in time to come.
Aggressive marketing campaign and stern warnings from government will create a sense of urgency for employers to come forward for registration. Also, the immigration department has stepped up enforcement and threats to charge employers (who are caught with illegal workers) with fines, jail terms and canning.
Overall, MER estimates 1m illegal workers to register for the program. Every 200,000 excess / shortfall in final numbers will increase / decrease MER’s FY16-17E EPS by 3%-4% and TP by 5sen to 6sen (Fig1), MER estimates.
Earnings and target price revision

No change.
Price catalyst

12-month price target: RM2.60 based on a DCF methodology.
Catalyst: Pick-up in registrations under the Rehiring Program or possible announcement of GST Electronic Monitoring System program by end-2016.
Action and recommendation

Maintain Outperform.

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2016-04-18 16:30 | Report Abuse

Most of the market is red today...A bad day.

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2016-04-18 15:20 | Report Abuse

wei8, get over it!

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2016-04-17 20:53 | Report Abuse

Lam, what was your buy price?

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2016-04-17 10:26 | Report Abuse

Will up a lot more

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2016-04-15 16:59 | Report Abuse

Buy first thing Monday morning.

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2016-04-15 11:03 | Report Abuse

Obviously not! But am willing to look / listen to the facts. You obviously haven't got any, otherwise you would lay it on the table, would you not?

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2016-04-15 10:57 | Report Abuse

But please present some evidence, if you are making accusations.

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2016-04-15 10:56 | Report Abuse

If I am investing in a company that abuses its employees and pays its employees less than its peers, I will gladly sell what I currently hold.

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2016-04-15 10:54 | Report Abuse

tokokkk, is that why you are so angry, because of the pay? Did you work, or do you, currently work for them?

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2016-04-15 09:04 | Report Abuse

Lets see who can pick up @ .32

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2016-04-14 16:54 | Report Abuse

Yeah, so strong, very nice.

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2016-04-14 16:35 | Report Abuse

J2911 Buy on the dip, if there is one!

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2016-04-14 16:29 | Report Abuse

I tried to buy more @.32 this morning, I gave up! Its holding stronger than I thought it would. Anyway I am still holding with good profit and not planning to sell for a few weeks yet.

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2016-04-14 16:12 | Report Abuse

Just buy at .325, don't be greedy ;-)

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2016-04-14 16:02 | Report Abuse

8wpwtmt8 let us know if you are successful @.32

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2016-04-14 09:37 | Report Abuse

Yeah they are desperately trying to prop it up.its only a matter of time before it drops and drops.

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2016-04-14 09:33 | Report Abuse

We are not too far away from that new high I mentioned previously,it will come, maybe not today, but it will come.