The guy who traded 2 Million shrs does not mean he knows something or intends to do something. It could only mean that his earnings have saturated and he is doing a reverse earning. This can only be achieve if you know the counter very well. In the case of L&G we know very well how it behaves. So far it left a trail up to 69.5 and retraced back. Even I wrote about this before ie it can only be stable above 70+c and I gave you 75c as the stability point. Anything below that will be in the quadrant of 60+cents. We have seen that when it was at 40+c we have seen that at 50+c and now we see it at 60+c.

So if he waits and it goes down to 65c or so, he will buy back if not then his timing has gone wrong. But again, he has earned his margin of 20k per one cent already. He has 2 choices if it breakout.....buy at higher and sell higher or wait again. For those playing reverse earning when saturates (price incline slowed down) may be a fast way but not a secure one. At this point I would only play 25% of my holding.

If he has intention of manipulation, again to use 2million shrs to play in the morning is a waste of money becoz you cannot control the market. If his intention is that he has insider news, the only one I can think of is self sabotage by L&G themselves for which I would doubt it very much as they need to keep a clean sheet for my anticipated PP next year. If you cannot be trusted, you will never get a PP partner and we all know loans are now very very hard to come by.....

Have a thought!

When you hold the price long sideway long enough without higher transaction for L&G we know ppl panic and sell. He is doing EITHER reverse ie sell 66.5 and buy back at 65.5 or lower. Remember 2.4 Million shrs traded at 66.5 I mentioned earlier. If he already made his TP, selling at 66.5 and buying back at 65.5 or lower will guarantee 1cents of 2 million shrs ie RM20k sweep. The second possibility will be endless....from market news to good news coming and he wants to time it. Note last quarter is coming and something super or superficial has to happen this year.

I told you guys there maybe a pre GST rush as with the cessation of DIBs last year end.

This is the amt he will make today if it goes down 65.5 or below by selling and pressing down long enough and then buying back to close at 66.5

See what I mean...the price came down....if 80% of 66.5 is him, vs selling at 67 he forgo rm9.6k to 11k to bring it down. This mean if he bring down to 65.5 and back up to 66.5, the 1cents of 2million shares is 20k...got it?

He is back again with 90.4k at 66.5c

They held it long enough and perception to other sellers is that the queue cannot move....so they will sell ...

Pacing....look back close since 5th....63.5, 64.5,yesterday was 65.5, today?...66.5?
If they are really trying that, they just sent an amateur to do it.....it's too early

I wrote earlier that there is a pacing happening and if they control it at 66.5 only confirms that. But but it funny to pace it so early in the day.....

He know he is being watch now.....he is waiting for buyer queue to build up at 66.5 and sell at buyer queue straight ....

Almost 2.4 million played at 66.5cents......

This is interesting....he has gone to take buyers queue and stay below radar.

This is the 8th round.....and does not want to allow 67

Another queue at 48.5k...just this person

He is back with a 100k queue at 66.5...just one person

There is no way when a seller queue is moving at 67 and moving to 67.5 that someone would want to queue at 66.5 and wait for the queue to clear before queuing again.....

Watch the seller queue, this is the 6th time he is queuing at 30 to 40k each time

It's always that 1 person.....

There is one person selling to maintain 66.5

Queue high....68 cents.....they will buy till 69

The sellers are queuing free money to the buyer......lol

Queue high for seller...queue HIGH....

Move all seller queue to 68 and any volume will still be taken up....

Note for no 2 at optimum time, any sellers volume is opportunity, and not resistance....if you put 2 million, it will be taken up...if you put at 3 million the same will happen,....u will benefit the buyer....queue high if you want to sell

Pick your durians.....hahahaha

The trick to look at this situation in layman is this......if I want to make volume business of a product, these are the 2 thing I would look at...take and think durian for example
1. Buy more at lower price per kg. if something is profitable, buy more when supply is getting low or buy when price cannot move. This is so becoz when the more the price does not budge the more desirable it becomes
2. Buy at the optimum time. When is optimum time? Optimum time is when you know the supply will be getting low and price will go up.
3. Sell at your target price. This is a tricky part as oppose to 1 and 2. This is because all our buying prices are different right? Remember all of you responded on how much 1cent is to you in the context of volume that you have purchased. For me 25% profit is a good selling price.

Good Luck

We all know Bursa is on a drive to get more GenY to participate in Bursa Trading by first opening a Cds acct and second to participate in active trading. This drive is also to educate and increase the volume and trading rate in which more transaction can can develop.
Why? Because the next generation will be the deciding factor of the volume & type of transaction in years to come. These volume and transaction is what that keeps bursa alive. While that is what we all think!?!?!? Think again.....
As mentioned yesterday, Instituition investors account for 50% or more of the transactions here in KLSE while the balance are made up of retail and foreign .
I have always said, it very hard to manipulate the share market unless there is no volume or low volume traded or low queue. The latter is the most ideal if manipulation is to take place.
So coming back to the point about increasing traders/investor/transaction/volume, imagine this, if you r a business man, would sell something where there is demand or vice versa? Of course you want to sell something to the masses right? Same here in Bursa, they need to create volume and transaction....this is where the catch is...who are these Instituition which carries 50% of the transaction volume and investment??....Banks, EPF, LTH, ......list goes on. As I said, they account for 50% or more and they cannot be making money and trasaction amongst themselves. After all they are Goverment or GLC and they will make money out of you and me and the foreign investors right?

So now do you understand why they need more CDS and trading.....?

Looks like there is a pacing happening..I won't speculate whether there is or not but this is just my opinion. Anyway what makes a share desirable or not, when is it desirable, how much desirability, are some of the questions right?

I believe I have answered most of the questions except for maybe how much desirability..we all know why penny stocks are very desirable at this point but the desirability is something else. Penny's (pls don't pronounce it any other way) stock desirability depends very much on the believe and trust that the stock (you have bought) will move north. A big percentage is punt due to excitement and large percentage is really knowing what is happening. Example in Sumatec is exacly that (punt + knowledge) and we know what will happen to that stock. However there is also those less exciting ones like L&G which has least on punting but more on pure performance and gearing up.

What if I tell you I know of a penny stock that will definitely go up at least 10cents. Your question to me would be how much is the penny stock right? And if I tell you the stock cost 40cents and immediately you know you would be able to secure and score 25% margin of the cost if it definitely go up 10 cents as claimed. So now you have to decide whether you want to punt more or invest more right? What I'm sharing here is informed decision. So once you make that 25%, you have to decide whether this stock can do another 25% ? This is because if it can do 25% three times a year, you can even do 75% a year.
This means for 40cent invested you can bring home additional 30cents. This is what I like about the possibility. Again, you have to start with the first 25% focus on that % Hence here the desirability is actually the commitment and trust of whether with an informed decision, and making 25% already you would want to make another 25 % straight making the 50%.

Nothing wrong with that however for those into punting or fast pace trade, recalculate again versus the example I have given. I believe your answer would come pretty interesting. All this because fast punting stocks, you may not be able to sell fast enough or recover fast enough but your have false security of doing many trades.

Just to reiterate and show the point here, some of you said 1cent to you here you make rm1k and some say Rm900 and other maybe rm100 and so on. Now when you sell, you are ensured of a buyer as the stock goes with intervals. Example it goes up 1cent and it takes a breather, similarly it goes down or up in the same interval and breather and subsequent there maybe a race up. But the point here is, you can have more time to decide to buy and sell as oppose to a punt share of the same value. This is where the informed decision come in. Ie investors are calculating!!.....but you will get to the point of desire at the end....so think properly where you want to play your penny stocks and the timing. Because a good time and one that does not move in lightning speed will allow you to reinvest a few times with max profit.

Hope this makes sense to you....

Be confident and stay focus!! ......I have given you pure stats in the past few days, given you the minimum and least price for mother and son.....given you the risk Managment side if it.....over and above that, you must decide. I m only showing you how the real investors think ...Instituitional investors do not think like us.
The stats is instituitional investors form 50% or so and the balance are made up of us and foreign investors......you can think of institutional as a stabilizing factor while foreign is second and the retail are the ones causing the ups and downs when it comes to this case. Institutional played play what we call overlapping......where they buy in threads and rotate amongst the thread. Example batch 1 the buy at x price and batch 2 at y price and so on. When their target is met, they will sell batch 1 while leaving the higher order to wait for TP.....so when batch 1 money is free they will wait for the price to fall or any other investment. In that way, they can do multiple earnings and manage the cyclical risk.
Now it's left to u and me.....you think they sell because market is falling however this play of market sentiment is more towards foreign investors.

1cent to me at mother means 40k

20% UP....

Then all of them did a 20%.....must be critics got power...

Hahahaha, that's wht they say abt EnO, Axiata, RHB,...and the list goes on.....game over game over....hahahaha

It's a flatliner.....for 2hrs.....at avg 450kshrs/hr......r u ready to accept a decision?

Watch watch watch...this is at a catch22 situation....as most know I like this situation best where the Seller vs. Buyer is at a stand still and neither giving in their position for the last 40 minutes.....at this point it is a punters game.
Let's see if the seller's believe that the dividen worth is stronger than the buyer's adamant to buy cheap and take a chance

I have written many times that prices of houses will not go down with the simple reason i have presented.

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=itemlist&layout=category&task=category&id=13&Itemid=3

I doubt anyone would do such last minute conversion to get the Dividen and next week we should know as ppl in the collection office would know and this will be shared out.

NO!.....I am not suggesting LA will drop. LA a has gone back to be dependent on mother as you can see the ratio has increased between mother and son.
So no point looking at son at this point and focus on mother. If we are looking at mother, the only thing that L&G can screw up is that they convert 40% of LA to mother which will dilute it tremendously. It will definitely pick up, but the investors will lose confidence at this play because the market cap is already achieved if base on the conversion rate which is avg 13Mil a mth vs 10Mil. Hence they don't need to convert the 40% and leave it for next year's 1b market cap....if it proceeds.

Remember tomorrow is the cutoff for the dividen for those intending to convert LA......otherwise you will be converting for no reason and may even enter you acct at the point after ex and the share may fall momentarily. So make ur choice wisely. If you intend to punt on this one,.....think hard of what I said earlier.

The question of the game is always ...whether to buy when it's moving or buy when it's cheap for the same company....right?

My game is always to buy when it's cheap and wait......while many like the idea of buy when it move even though higher price, they justify that they do not need to lock in their money too early. This is true only when the counter is a good one but not proven as yet.

The idea of locking in money too early is true however what is the % of losses if too early. The losses is not monetary however its holding cost...right?
I never calculate base on daily res..... Why? Because I don't know how.....at best it's base on monthly....after all apart from housing loan everything else is in monthly res...

I wrote yesterday on the +-30cents for EnO....could you have take a chance to roll this one in full.....ie sell all and buy again....the answer is simple.....the reclamation is expected soon and for those who understand this counter would play 25% of their holding only. That 25% is rolled like a dice base on certainty and NOT the other way around because apart from the reclamation, we already know abt Elmina much earlier and followed by the certainty of the dividend ex next month. This means the rolling you shud play at small gaps and the +-30 is already a known game. Beside this there is Avira, Price House and host of others . As I said earlier the game here and in L&G is about security.....the ability to secure above and on top of current sales......imagine this, if a counter move twice a years and reward you with a dividend for keep...isn't this reward enough....

I will only be wrong at 69.5 MINIMUM.... if the L&G management screws up in the conversion.....

Oppps it went up....hahahaha

Note it takes 8 to 10 days to convert to mother on normal days however at peak for dividen conversion I suggest 12 to 15 days which means today or tomorrow will be your last day to lodge conversion safely for dividen.

It also means that next week, the investors will be in for the play and the week of 15th will be full swing....

L&G cannot afford to be wrong footed here. If they are targeting 1B market cap next years, investors will be looking at how they play this round.....my suggestion is leave the loan stock and let them do their normal conversion of 20% avg a year to complete the 5 years. Use the loan stock for next years target.
Note safety net is on the 13th......

What is a wining counter isn't one that goes up up up .....because those going up up up wil one day have to come down or remain stagnant right.....if that is the case, those ppl who buy this counter will depend on when and what stage they buy to ensure profit...a good look at Turbomech, is an example of a counter that went up up up for sometime but then the target for the buyers was the high dividen and then the counter went down down down after ex .....now really do you know this counter ? Do u know when it is going to move again?...

A winning counter is one that allows you to play the margin when it moves up but allow u the opportunity collect and to buy in and play the diffences again overtime. This however has to be supported by breaking new high each time. Now I know the name of L&G is not one synonymous with that in the past however they have proven by turning over a new leaf 5 years ago with Mayland in the helm.

I also agree that low gay Teck must do more marketing during this "turnover a new leaf period" and not rest on his laurels as he is doing now even though he is working hard to meet the numbers. A CEO who is just result orientated shud stay private and not be working for a public listed company!

Ok guys I will explain it this way......but first u have to understand what is overbought and oversell...
Firstly point 3 and other points can easily be mistaken if you read daily chart. Daily charts will missed the when exacly something happen....example when did did the price escalate to 64.5 fr 64....4.45pm? Second when did the volume happen?

But before we go there, understand this....for a counter that is not in the chase (not like Sumatec) when a marriage deal happens or a large volume is exchange in a single transaction, the price normally drop. Because transactions like this is base on seller's price. Even though it's a marriage or direct deal, it is done at a higher price match and still goes thru the system.

So coming back to overbought scenario is where the price match transaction is at buyers price. And we know buyers price is always lower except for pre-opening and closing avg TOP. Hence if buyer buys at their own price which is lower, they would want to sell it at a higher price right? Thus the overbought position is desirable as more buyers will be looking to sell higher later. The overbought give you the higher probability for the buyers who will become sellers to sell higher.

If the above is clear, my next point is the %. Most like to use the market determine 30% and 70% to determine oversell and overbought respectively however my point to monitor is at 55% onwards instead of 70% Reason being is 70% at an the end of trading days as oppose to build up fr 55% onwards toward overbought the following days ahead! will be more accurate

Hope that explains ....

Remember ! Remember...!! I did tell you L&G will be a target of a takeover and I have also shared why....let me remind you for those who think that it's. Mayland will be dissapointed as the ultimate answer will come when the projects are secured and outlined.
Because the. Undervalued is not the term anymore because the best bidder will take all......

September will be a good month for EnO.....let's see if i m right.....

Be a smart player, read between these lines to play
1. Lowest of the investment house call is 2.6 by Public Bank
2. House buy by Managment is at 2.90
3. Price peak at 3.1x
4. Highest Investment call is 4

How should you play? EnO is a typical historical play. By that I mean history repeats itself each time and will be the same for L&G......when it was 1.9x much earlier, it dropped to 1.69 and Hoover between that and 1.7x for some time and befor that It hoover at 1.4x before it got to 1.70. With each progress it goes +-30cents. This time is no different . It was hovering at 2.9x and now dropped to 2.7x. Not surprise if dropped to 2.6 to 2.65 because 30cents dropped from 2.9x would have retrace back in that direction moreover, Public bank has it at 2.60.

Yes all that is the bad news but the good news is the + 30cents. I did tell you guys to look beyond results for both EnO and L&G because the management is a prudent one. EnO will be making an announcement soon.....

Good luck

For those who observe closely today, the answer is at the mother.....3 things to look at
1. Summary buy sell between 63.5 to 64.5
2. When ( the time ) the volume picked up and when the price switched between 63.5 and 64 and between 64 and 64.5
3. What type of each volume purchase and aggregate

If u know what I m talking about, good for you

For those who are laughing, for 1 cents increment I make 40k for each for the LA and Mother.....count from the day since I told you.....and how many day it will take me to make 80k avg daily....my avg is now at 20k a day since I told you.......because I did tell you to embrace for the dividen standing at 3.1% and not play all.