I think I'm stuck with pelikan :(

hihi... csl & pelikan related
http://klse.i3investor.com/servlets/pfs/17348.jsp

CSL is a counter quite independent to index lah...
Want push, will push
Want sell, will sell

What you don't want is when they goreng to sell, this will actually tempt most retailers to buy

Aiya, tomorrow the most min 28.5sen? ~5% drop
Upside can 34sen easily ~10% up :)

Well, most china companies has just followed the golden rule
"List at triple the price & bust"

"Is looking for a good FREE charting services"

*At least daily candlestick
*Willing to pay if have intraday price & vol tracking

Anyone agrees to above view?

In some sense Fat cat could be right...
When it could reach RM60, RM 120 is no issue. but of course that might the the last few shares in the market where price just doesn't matter much anymore.

At current scenario, any sharp increase of prices not due to company buyback/director buying; director will gladly sell out a big chunk to you while still remaining in control of the company.

Haiz... but wan get 10k lots also so difficult

General follow there should be okie (No contra/margin, general stocks)
But actually... Since the market looks bad temporarily, can go buy some. repeat...
When market down till like shit, then you will know that you bought quite alot.
Market look good, sell & sell more as market become better & better:P
Other than that, money will just be risk free in account interest

At last, you found that you bought most at bad market & sold most at good market. haha (Cycle ranges from weeks up to 10yrs)

Nikkei down >6%

That wan is I buy wan okay...

I believe when there is solid evidence & company kena PN17,
the company will worth <RM100mil which comes to about 8sen...

Anyways, since most of you here either have CSL or CSL-WA with long position. Or, wish to have a better deal. So, good luck. Maybe the prices move in your favor

Ah, so there is at least 1.8+1.6=3.4sen when the company bankrupt
kikiki... unless of course, you reinvest the dividends XD

For the warrant, oh look there is alot done for 8.5sen...
oh... its A Lot (1 lot=RM8.50)

Hmmmm, the directors is indirect interest from Lead Champion...
Lead champion : hold about 55% shares (~80% pledge to UOBM, ~20% pledge to Kenaga)
Others like Guotai Junan securities & Sanston Financial grp ... hold about >20%

Just lead champion alone can decide everything in the company. Directors are free from liabilities since limited + indirect only.

Now my question:
Proposed to use cash to purchase some plant & machinery, cost RMB 1.7bil
Could enhance increase market share, productivity, efficiency & bla bla bla...
(Actually is a scrap)

So the director that have 54.96% (regardless of other shareholders opinion) , he can approve this right?
If yes, hohoho

wahaha126
Whats about the 40% control? They all these while have >50% + WA serves as backups
Its enough to control the company including the cash :P

Hm... calm down...

What I'm implying is not about whether director are selling or buying...

What I'm concern is that who has the final & effective say on how to manage the cash in that company (Which is the main asset of the company). Without that cash, this company is practically worthless with debts regardless of the profit levels.

Oh ya, please take not that this is neither a buy call or sell call
Its just a puzzle for you guys to think & comment... hahaha

Anyways, I think the major shareholder have about >55% of shares & > 80% of warrants
So, there is no way for another party to evaluate whether the company is good or bad.

It seems to be like a one man show...

*Correct me if I'm wrong on:
No one could actually have the majority/power/right to reject what he is going to do with the cash

Assumes that the 70sen cash per share is real & readily convertible to MYR

Is there a way to "hostile takeover" the company & thus having control of the cash?
If yes, there might be a good chance it will go >RM1 & way above especially for the last few %
If no, looks like no matter how good / how fat the company is, its just the will of the director for him to give you all common shareholder/warrants a kesian price

RM 10 also can, similarly bankrupt also can
-Which has higher chance? haha

Caveat: Have to include warrants that could be exercised & suddenly causing him to lose majority :) However, he also held most of the warrants, so he is very safe with the cash in the company until times come to vanish it

Just to wonder... IF:
Share buyback & cancel: a good thing :)
Directors now have higher percentage of company: Could be a good thing
Overall lesser shares floating in market : could be a good thing

Scenario:
Major shareholder(>50%) approves & execute share buy back using COMPANY FUNDS
Major shareholder will have higher % of shares ie >60%
So, he can sell down to 51% while still have complete say of the company
One fine day, he decided to use all company's cash less statutory reserve to purchase some rubbish stuff(Anything from land to machinery to investments)
Proposal went through since he holding >50%

octagon waiting to release the balance abit
Sanichi ah, that wan next time see if wan buy then buy 100k lots lah

Hope so...
You still Sanichi ah? might push soon you know?

ah... half sen also gone jor

Its rights like half sen to one sen O_o

Whoa... I thought this was like 50 sen & still no buyer...
ooo March!!!...
Last time get caught at RM 1.10 because thought that got some big offer to buy this company...

Zzz.... no volume...
So most of you have its shares?
~ If yes, then likely they have successfully passed it to you
~ If no, then they might be collecting

Anyways, if they found out that the company still have hidden bullets(Good news) yet to be shot out, then they might consider recollecting from you at high price & resale them out at higher price :)

mother share no >40sen & remain slowly drifting down then better cut loss or else kena 6~7sen (Considering its deeeeeeply out of money)

LOLz... RM5.00
Then means my DIGI-CL 5sen only? sad...
Do la DIGI RM 6 by end of Jun, then cw can up to 30 sen :P
or just RM5.20 => 10sen

Best to sell few days before ex

ah... time for my 88's at 8~9 to go...
15sen?

*Notices very fishy order queuing to boost perception*

Japan down 7% ma

*Looks at pelikan* also CSL related

Zzz Anybody guess... range getting smaller & smaller... may just shoot up or shoot down.

But just one thing... if most of retailer have it, then it drops. If most retailer don't have it, buaya have alot, then it goes up and retailer chase it :(

Higher low wor... next few days 37sen?

Ooo... 15k lots

Hm... sanichi completed rights issue... should price be crumbling down?

Oooo too obvious ady...

I think I will just buy some at 9sen

What do you think... 8.5 sen can get?

sry... not 100 per lots, last time 1000.
So, 2000 lots

200k units means 200 lots?

But I think if wan buy have to buy at 9 sen :(

So.. I buy 88 lots?

I think buy-up was re-disposed :(

8 sen can buy?

I thought CSL all the while also got profit?
& profit last year is like 90% of current price... LOLz