CIMB got call warrant expire on 29/10 worth RM22 millions for RM5.50. Dont expect much movement until after that date, unless something big happen. CIMB will make sure the price dont move above 5.5 or else they lose money.

@albertyek

Hope you are not the Albert from Gerakan Ayer Tawar branch.

@albertyek

I hope you know the difference between Tan Sri and Dato Sri, coz there are only a handful of Tan Sri. Like I said, only 1 Tan Sri from Ayer Tawar and he passed away already, Tan Sri Ting Chew Peh is not from Ayer Tawar.

So, since there is only 1, maybe I am wrong, do tell us who is it?

@albertyek

There is only 1 Tan Sri from Ayer Tawar and he passed away already. Tan Sri Loy is not from Ayer Tawar, he is from KJ. So, which Tan Sri are you talking about?

Can someone explain to me why Dialog kept going down?

I think the bottom will be when it goes back to pre-covid level, which is about RM1.50 to 1.80. Until then, it is best to avoid. Am not here to bad mouth or stab anyone, just saying what I think. If really wants to average down, if you still have the money, wait for RM1.50 to 1.8

Say if you average down by buying 10000 lots at RM1.80 and it goes to RM2.00. Sell the 10000 lots and wait. If it goes down, buy and wait and sell again. Average down.

https://www.tnp.sg/news/singapore/chicken-prices-may-rise-amid-growing-feed-prices-malaysia

https://www.thestar.com.my/news/nation/2021/09/17/chicken-prices-may-be-controlled-if-increase-continues-says-linggi

This is the official anthem for glove holders now

https://www.youtube.com/watch?v=HsCp5LG_zNE

it is going back to pre-covid price.

Back to RM1.50. Back to pre-covid level.

I feel sorry for those that bought when it went up 10% on Friday. Never chase high, always buy a good stock when nobody wants and wait for it to rally.

@steady31

Why is it poor decision? I think it is a good decision. I rather them take the money and grow the company. If dividend is what you want, go to Public Bank, United Plantation, PChem or some high dividend yield counter.

I am here for the growth potential, hopefully they can continue to grow and grow and one day make it into KLCI30.

https://www.theedgemarkets.com/article/chicken-price-hikes-ruffle-feathers-terengganu

EPF been disposing for almost every counter... not just skp

Still no QR? Including KPower and SCIB?

I wonder what is Tony's next magic trick... AirAsia going to space.

Still no QR?

https://www.facebook.com/FamilyMartMY/posts/4310000112417988

So.... KPower, SCIB, and Serba all have yet to release their QR. What are they waiting?

Taliban vow to respect women? Just like how you told us Mahathir will respect democracy?

@ToTheMoon99

You are hearing what you want to hear, they never say it is a Yinson problem, they are saying it is a problem in the industry. Every O&G trying to go into the green industry which is not very profitable.

As for Yinson's ESG - https://www.sustainalytics.com/esg-rating/yinson-holdings-bhd/1015561713

They are the top 10 out of the 109 energy companies in the world. Consider very good.

CIMB throwing to stop the price from rising. CIMB warrant expiring in October. I hope Yinson wins another project by October.

@abc123_2020

hello, merdeka.... tuesday where got open.

Salcon also make glove now, look at their profit... crazy alot. If Salcon reported crazy 1,273.66% QoQ and 338.28% YoY profit yet the price never move, what makes you think Johan will move also?

https://klse.i3investor.com/servlets/stk/annqtyres/8567.jsp

Got limit up?

I think people still scared of glove lah.

i put my entire life savings + 100% margin. go big or go home. karim, do your magic please.

stress...

https://www.houmatoday.com/story/business/2021/08/28/gulf-oil-production-shuts-down-hurricane-ida-gas-prices-affected/5639284001/

https://www.thestar.com.my/news/nation/2021/08/29/pm-klang-valley-may-move-to-nrps-phase-two-as-895-of-adult-population-received-second-vaccine-dose

QR so good but still go down.... what does it mean?

karim is reading this discussion too, remember, only good words.

careful kena sue...

Got 3 more call warrants below 3.60, gotta wait till the warrant expires.

goodlord, if it continue to slide down for another 6 months, it is going to get removed from KLCI30.

PH is rubbish, especially Lim Guan Eng, when he was finance minister, everytime he opens his mouth, the stock market crash, and he continues to do this when told off by many to stop it. Then go cancel most projects, causing the GDP to drop, then go abolish GST, which is a very good and fair tax system used by 99% of the world....

Dont blame Mahathir, who voted Mahathir in? If it is because of Mahathir and not PH's fault, then I can say the same too, it is Mahathir and not BN's fault. BN is good but under Mahathir it is bad, right? Use the same logic.

PH think like opposition when they are the gov. attack bank, attack construction, attack workers, attacker everything.... look at KLCI after PH took over, it went down and down.

The problem I see with new retailers is they dont cut loss, and never will. if they lose alot, they just hold and hold and hold... look at glove.

2 Warrants maturing soon. I dont know why they kept pushing the price below their strike price, probably to make sure there is enough room to cover when it rallies? It will rally, just a matter of time. Continue to average down is the best strategy. I think most likely it is CIMB pushing down the price.


Yinson-C12 Warrant by RHB
Maturity - 2021-08-27
Strike value - 6.0000
https://www.klsescreener.com/v2/stocks/view/729312/yinson-c12-cw-yinson-holdings-berhad-rhb


Yinson-C13 Warrant by CIMB
Maturity - 2021-10-29
Strike value - 5.5000
https://www.klsescreener.com/v2/stocks/view/729313

Warrant expires tomorrow.

https://www.klsescreener.com/v2/stocks/view/3069CS/mfcb-cs-cw-mega-first-corporation-berhad-cimb

I parked at RM3.51 and got it after closing, CIMB probably sell as much as they can to push down the price close to 3.50. Let's see once the warrant expires will it rally.

MRT3?

looks like someone have insider news and bought alot today when it rallied so high?

They are pushing hard to reach RM3.5, seems like a good price to buy now since today will be the last day for the warrant. Yinson also having the same fate. For those looking for long term investment, Yinson is a good company, can collect some now.

maybe this news?
https://www.thestar.com.my/business/business-news/2021/07/29/mrt-to-announce-date-for-mrt-3-tender-after-strong-interest

CIMB wants it to go below 3.5, can they?

exactly... this is the same thing I've seen in yinson... it will drop drop drop and sudden drop then before closing it will go up. But on certain days, it won't. Many will buy during the drop thinking they can sell higher before closing but it did not on certain days, then later for days it will drop even more.

weird.

Whatever it is, they are pushing the price down, until when nobody knows.

What movie is this? The Expendables 'Malaysian' edition or Jurassic Park 'Gathering of the Dinosaurs'?

Or is it Gozilla? Let them fight

I said I dont think it will drop 50%.

Based on past Rights Issue, prior to 3 months to RI, the stock price will rise. Assuming that they will official win the Brazil FPSO in September, this means RI is probably in October or maybe November. Thus 3 months from that RI, stock price will rise. Now is probbaly a good time to go in. Looking back at past RI, price did drop after they announce RI but it did not go lower than the lowest price 3 months before RI. And price goes back up right after the RI.

Nothing to lose if you buy now.

I dont think MFCB will drop 50%...very highly unlikely. so, if you are long, just buy and hold. my strategy is different.

@ckchung I dont know what is the best price. You have to make your own decision.

I've seen this last minute spike up many times in yinson. This is a sign of distribution. you can look back at yinson closing for for past few weeks. This distribution will go on until whomever finish selling, but this doesn't mean it will go down, it all depends on market force.

For long term, anytime is a good time to buy. Ignore the short term noise. I have my own reason to wait, but doesnt mean I am right. Do what you think is comfortable.