Lembusial

Lembusial | Joined since 2013-12-01

Investing Experience Intermediate
Risk Profile High

Spending time waiting for old age to wither! I want coffin covered in diamond like the self-proclaimed First Lady of Malaysia Rosmah's one and concubines surrounding it in hot bikinis! But I know my son will burn me and scatter my ashes in Kallang river! Another wish is to see Karpal Singh become PM

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2014-04-07 11:53 | Report Abuse

The answers that relatives of passengers on Malaysia Airlines Flight MH370 so desperately want could be revealed in court if they sue for emotional distress.

A lawyer has claimed that the Malaysian government has breached its obligations under international law in communicating over the crisis.

In addition, said Australian aviation lawyer Joseph Wheeler (left), the government’s and Malaysia Airlines’ (MAS) handling of the tragedy could open them both to liability, as families begin to consider legal avenues beyond the issue of compensation.

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2014-04-07 11:38 | Report Abuse

Joeter999, in all fairness, 1Mtalkingkangkung did not make any recommendation to buy or sell Hevea, he merely give advance information. To believe or not to believe the info is solely on your own, and your decision to act on the info or not

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2014-03-27 23:02 | Report Abuse

It is rather incredible and quite unbelievable to hear this "assuming" business come out of the horse’s mouth.

You are in the defence business and the nation's security is in very large part in your hands, how could you based your judgement upon "assumption" without verification with the civil aviation control tower?

It is not as if the 9/11 disaster in United States had never happened that RMAF can "assume" the object identified was "non-hostile".

Now, I'm really worried of how widely do the civil servants or any officers on duty in their respective fields of service adopt such "assumption" attitude in their work, such as immigration control, cargo inspections, maintenance work, etc.

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2014-03-19 22:57 | Report Abuse

Calvin, first go take a look at Wisma MPL. Second, go take a look at where the "Iskandar" land that MPC owned. It is not even near Iskandar.

It may be true that China developers are looking for land development projects to invest. But there are also no shortage of supplies of these projects, which mean the China developers have plenty of choices.

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2014-03-19 16:46 | Report Abuse

..but without an engine LOL

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2014-03-19 16:36 | Report Abuse

Yes, buy Liihen and talk there. You will slowly die in loneliness with a dead stock.

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2014-03-19 11:58 | Report Abuse

Stock: [HEVEA]: HEVEABOARD BHD
Mar 14, 2014 12:13 PM | Report Abuse
Should send condolence to those bought 100-200K Hevea at RM1.30 N WB at RM0.70 etc...they need you more...

These buyers now start to laugh at your graveyard, chicken222

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2014-03-19 11:56 | Report Abuse

That is very right fortunebullz. You can buy ANY furniture stocks but not liihen. LOL

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2014-03-19 11:41 | Report Abuse

That is how a gentleman talk? He is living in his fantasy that I lost a few cars?

Hello, the Mercedes Benz S-Class Launch event is this saturday 21/3 and 22/3 at KLCC Park, you are not invited right? LOL

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2014-03-19 11:38 | Report Abuse

who care if you still wants to write here. It is a free website. I don't think wikileaks is like our BN leaders.

Anyway, pretty sure you will reincarnate as wt2222 or wt22 or....LOL

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2014-03-19 11:34 | Report Abuse

If wt222 really wants the bet at $5000, then just deliver the cheque to you as what wikileaks said. Instead, he wants to deliver to his remisier and not free...service car....bank in $ 2m cheque lah...see Obama lah....blah...blah...blah....

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2014-03-19 11:27 | Report Abuse

As for your client liong888 (who supposed to be a gentleman in your own word) and another stray cat Trendingbull, totally no sign of them after wikileaks accepted their bets. LOL

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2014-03-19 11:24 | Report Abuse

Posted by wikileaks > Mar 11, 2014 10:18 PM | Report Abuse
@wt222, I have reasoned out why I need a higher bet from you, it is not that I want to "big" you but for reason of gaming tout, really. I am generous enough to even take a smaller bet from you for $5000, provided my stated target is agreeable with you. I stand by my word until 5pm on 14/3 for the 2 offers I made.

Mr. Ooi, perhaps you have missed out this one. It is after wt222 claimed that wikileaks "big" him that wikileaks said $5000 from wt222 will do. It is very clear here.

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2014-03-19 10:35 | Report Abuse

There have been many theories and hypothesis around missing MH370, but one serious mistake and blunder by Malaysia Air Force was the military failure to act on its radar detection on an UFO (unidentified flying object) now confirmed as MH370.

Instead of admitting to this blunder, the authorities - including the minister and the Air Force chief - chose to go round the bush to find excuse such as the need to analyse the data.

It was such an attitude that have been cultivated over many years governing Malaysia. The present batch of BN nincompoop ministers have totally put the country in shame over this incident.

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2014-03-19 09:54 | Report Abuse

Posted by wt222 > Mar 11, 2014 04:37 PM | Report Abuse
Feb 26, 2014 11:42 PM | Report Abuse
Dare to stick to the above? Deadline by 31 Mac. Side bet with RM5,000. If Hevea close above RM1.40 by 5pm 31 Mac, you win. Or else u lose.

Posted by wt222 > Mar 11, 2014 04:38 PM | Report Abuse
31 Mac 2014 lah, not 2015

Ooooooi chicken222, today is March 19 (not even 21) and the price is already 1.35, just one little nudge it is already 1.40. LOL

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2014-03-17 15:13 | Report Abuse

If you must drag "premium" in this discussion, then you must introduce "discount" as well.

For illustration, lets say Hevea-WB is $0.67, Hevea is $ 1.26 and the Strike Price is $1.00 before 31/12/2020. So :

If you buy Hevea-WB and pay the Strike price, your total cost for the Hevea share is $0.67 plus $ 1.00 i.e. $1.67, then you are paying $0.41 PREMIUM ($1.67-$1.26) to the market price of Hevea to essentially own the same thing. That is why, Hevea-WB at the current market price of $0.67 is OUT-OF-THE-MONEY because you will end up paying premium.

For DISCOUNT, that would mean after buying Hevea-WB and paying the Strike Price of $1.00, your total cost to own the newly issued Hevea mother share is LESS than $1.26, that difference is the DISCOUNT. As a rule of thumb, you will only enjoy discount on your new Hevea mother share if the said underlying asset (Hevea-WB) is IN-THE-MONEY

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2014-03-17 14:58 | Report Abuse

Hevea-WB is an ICULs and is therefore irredeemable. In a typical Call and Put option arrangement, there is a right of "Call" option by the recipient of an underlying asset and there is a Put option by the grantor of the underlying asset.

In the case of Hevea-WB, which essentially IS NOT a full Call and Put arrangement per se, that is why it is termed generally as a Warrant. It is only a derivative.

Due to the fact that Hevea-WB is Convertable and IRREEMABLE, that mean the grantor has no right to "put" the option to you (the holder of Hevea-WB) by 31/12/2020 and force you to pay the RM 1.00 striking price. On the other hand, the holder of the Call option (or in this case the holder of the warrant or Hevea-WB) has the right to "call" on the grantor to convert this warrant to a mother share of Hevea after paying the strike price of RM 1.00.

Warrant in this case is the underlying asset in the form of a right to buy Hevea mother share at RM 1.00 before 31/12/2020.

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2014-03-17 12:27 | Report Abuse

Calls are out-of-the-money when their strike price is above the market price of the underlying asset.

In this case, when you tender your warrant (underlying asset) means you are "calling" the option to be exercised. You probably confused in the "call" and "put" terminology.

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2014-03-17 12:08 | Report Abuse

Ooi Teik Bee

Conversion price = 1.00
Warrant price = 0.685
Mother share price = 1.28

Conversion price + warrant price < Mother share price = In the money
Presently, it is out of money.
Thank you.
12/03/2014 22:21

I think Ooi Teik Bee has explained at length the out-of-money definition a few days ago in Jholow's Part 3 article

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2014-03-17 11:36 | Report Abuse

Yes ulutrader, this time I agree with you. Not only is Hevea-WB out of money by 60%+, but for the market price of 0.675, I will buy Homeriz shares instead, which is trading at 0.70 this morning.

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2014-03-17 11:17 | Report Abuse

tkk123. couldn't agree more with you!

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2014-03-17 11:16 | Report Abuse

Thick skin. Now say still have Hevea shares and will sell less now, blah, blah, blah....Really thick skin

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2014-03-14 12:22 | Report Abuse

Now you can talk anything, buy at rock bottom price etc etc etc etc

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2014-03-14 12:21 | Report Abuse

...and I ordered a NEW Mercedes Benz S400, colour Obsidian Black with Nappa Leather in Beige for RM 999,998 from NZ Wheels. No need to trade in any old junk

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2014-03-14 12:19 | Report Abuse

See you in the Mercedes Benz launching of the NEW S-Class (one notch higher than your used E-class) next week 22/3/2014, if you are invited...

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2014-03-14 12:16 | Report Abuse

service the old E-Class first in order to fetch better price in the trade in. This show your "standard" lah

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2014-03-14 12:14 | Report Abuse

Posted by wt222 > Mar 12, 2014 06:39 AM | Report Abuse

Since the money bet mostly become a joke,wikiliaks, can I suggest that whoever lose will admit that he or she is a idiot in this thread and leaves this thread forever.....this is more practical.....thus u don't have send yr staff to handover the money to OTB n I don't have to send my driver to do the same....my driver need to send my e class to service after depositing rm2million into bank next Monday....kind of busy next Monday....n may visit Obama next week too

New E-class? So fast have to send for service? Or you lost your pant that now you have to trade in your USED E-class for a NEW Myvi ?

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2014-03-14 12:11 | Report Abuse

Posted by wt222 > Mar 14, 2014 12:04 PM | Report Abuse
Thank you to Yong or whoever the boss for the new cars...bye bye

New E-class? So fast have to send for service? Or you lost your pant that now you have to trade in your USED E-class for a Myvi (NEW CAR)?

hahahahahahahahahahahahahahahaha

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2014-03-14 12:07 | Report Abuse

What, you run back to your mother's stomach again? lol

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2014-03-14 12:01 | Report Abuse

Haha, no balls say so lah. If you don't take his challenge, you think wikileaks so stupid go and push up the price to 1.40 for you to see meh? wake up lah

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2014-03-14 11:23 | Report Abuse

Then you should take up wikileaks' bet since you said they are distributing which will cause the shares price to move lower

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2014-03-14 11:21 | Report Abuse

For a Right Issue exercise, the main obstacle is that the par value of MPCorp is RM 1 per share. How is the company going to undertake the exercise now that the market price of MPCorp is only $0.42?

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2014-03-14 11:14 | Report Abuse

But a piece of another news is good in that MPC managed to settled off with Amanahraya Development for the default in an option agreement for RM 120m. First payment will be RM5m upon signing the Settlement Agreement and the balance $115m within 6 month.

The question now is how MPC going to find these $120m? Don't forget they are pursued by RHB Bank for around RM 75m as well and is still fighting the case in the court.

Looks like MPC may have to resort to a Right Issue exercise to come out from this mess

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2014-03-10 16:38 | Report Abuse

don't be surprised if that happen

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2014-03-10 16:18 | Report Abuse

By the way by so doing, those politicians can keep on milking the MAS cow....LOL

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2014-03-10 16:17 | Report Abuse

If the government let MAS collapsed, where we Malaysians going to put our face now that the national flag carrier is gone?

Thats why I say MAS will always be there, for whatever cow reasons although it looks very stupid. But hey who care, the government can just give RM450m soft loan to a husband of a minister to rear cow, what is the problem to keep funding MAS so it can keep flying?

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2014-03-10 15:57 | Report Abuse

Lets put it this way, have you ever ask yourself how all those Nigerians , Ghanians and South Africans are able to roams on our streets without control? And the Sabahan shores can be invaded so easily? The problem is CORRUPTION.

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2014-03-10 15:53 | Report Abuse

Others may not use it doesn't mean we follow. Now the problem happened here, and Malaysia get shot left right and centre.

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2014-03-10 15:45 | Report Abuse

Earlier today, Interpol in a strongly worded statement slammed both Malaysia and MAS for failing to make use of its database on stolen passports.

It said two stolen passports, originally belonging to an Italian and an Austrian and which were used by impostors to board MH370, are listed on its database.

“If MAS and Malaysian Government were able to check the passport details of prospective passengers against Interpol's database, then we would not have to speculate whether stolen passports were used by terrorists to board MH 370,” Interpol secretary general Ronald K Noble said in the statement.

Ai yah, didn't the Interpol knows we are famous for Malaysia Boleh? LOL

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2014-03-10 15:28 | Report Abuse

Government of Malaysia's money not rakyat's money, you think Rosmah or your money?

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2014-03-10 15:27 | Report Abuse

GLCs not my money, is your money?

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2014-03-10 15:26 | Report Abuse

SOCSO not my money, is your money?

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2014-03-10 15:26 | Report Abuse

PNB not my money, is your money?

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2014-03-10 15:25 | Report Abuse

LUTH not my money, is your money?

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2014-03-10 15:23 | Report Abuse

KWSP not my money, is your money?

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2014-03-10 15:12 | Report Abuse

The GLCs, KWSP, SOCSO, LUTH, PNB ....all are using our money to support the collapse...

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2014-02-24 23:25 | Report Abuse

MAS must be given "5 STAR" for their ever increasing debts year after year !! 5 STAR AWARD for maintaining their ever increasing debts year after year !!!

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2014-01-21 15:20 | Report Abuse

Tambah? Nanti masuk longkang

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2014-01-21 15:16 | Report Abuse

Maybe so. LKY's daughter Diani just married to Tan Sri David Low's son last weekend. Maybe the money from the "duit emas" was so large that he can now go buy more CHHB shares.
Just for a laugh....hehehe