I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!
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2018-12-31 10:58 | Report Abuse
93 sen not today. I think today can close at 92.5 sen
2018-12-30 19:59 | Report Abuse
Why 5354 didn't come out first prize in Magnum?
2018-12-30 15:11 | Report Abuse
Then the Inhumans will wipe out us Earthians.
2018-12-30 12:35 | Report Abuse
If use Tabung Harapan collection of RM200 million, can buy 300 million Insas at current market price, which is almost 50% ownership.
2018-12-30 10:45 | Report Abuse
Dear Mr Sslee, when I jokingly said about Insas been cursed I meant the share price of Insas rather than its business operations which I have no issues. The problem is local funds totally ignore Insas. The funds that invested in Insas are all foreign funds but because of the prolonged depreciation of our ringgit these foreign funds are not buying more of Insas or in fact any Malaysian equities.
2018-12-29 21:56 | Report Abuse
Maybe because Insas has been cursed by Witches, Warlocks, Vampires and Werewolves.
2018-12-29 21:50 | Report Abuse
If Tropicana doesn't have minimum public spread problem it can easily buy up any amount of shares and easily push up price to beyond RM1.
2018-12-29 21:47 | Report Abuse
For the purpose of calculating minimum public spread, any shares bought back by a company and held as treasury shares are excluded from the total number of shares. So, if the company buys back say, 0.5% of its own shares, the percentage of public spread will then be (25.12-0.5)/(100-0.5) = 24.74%
2018-12-29 21:11 | Report Abuse
I thought JV already announced earlier. Usually you don't need a suspension to announce a joint venture.
2018-12-29 21:09 | Report Abuse
Seriously, if we all keep away from commenting here, the shark will think everyone has cut loss and no longer interested, so price will be pushed up.
2018-12-29 21:04 | Report Abuse
Mr Sslee, your understanding of accounting treatment of intra transfers between companies within the group is very good and all along I thought you were a non-accounting person as well as your understanding of shares been pledged.
2018-12-29 20:58 | Report Abuse
Another company facing public spread problem is TA Global.
2018-12-29 20:57 | Report Abuse
BJLand was granted lower public spread level of 19.67% by Bursa Malaysia on 20/12/18. You didn't read about it?
2018-12-29 01:20 | Report Abuse
Sorry, I just guessing announcement will be good because price was climbing up on rebound from 0.10/0.105 level.
2018-12-28 23:31 | Report Abuse
Next year there will be huge expansion of medical insurance business sponsored/paid by the government for those people who couldn't afford to buy such policies. Guess which insurance company will benefit from this? On top of that the income tax rate of reinsurance business has been slashed from 24% to 8% effective from 2019.
2018-12-28 23:21 | Report Abuse
I think the syndicate was mopping up the shares after pressing down. Announcement probably be so good that it would open gap up in January. I wanted to buy at 0.105 but waited one day too late and price ran off to 0.11 and beyond.
2018-12-28 21:02 | Report Abuse
The problem with Tropicana is the Company can't keep on buying back as it will eventually breach the minimum 25% public shareholding spread listing rule unless Danny sells down to his cronies.
2018-12-28 20:43 | Report Abuse
ivan9511, there's a pattern play on Tropicana. The share buy backs will go for days and then suddenly stop and price will trend down to around 82 sen, the price Danny previously sold to cronies. This is the best time to buy and hold until share buy backs push up price again.
2018-12-28 20:35 | Report Abuse
90 sen big road block today even first thing in the morning there were already over 500,000 shares offered for sale at 90 sen, thus not possible for me to get that price if I were to try. Maybe next week you can but I want to free up capital and look for opportunities elsewhere.
2018-12-28 12:49 | Report Abuse
Already sold off early in the morning at 89.5 sen for 7.5 sen gain.
2018-12-28 10:02 | Report Abuse
Many people sostupid not to buy past few days.
2018-12-28 05:19 | Report Abuse
Witness the birth of the bull calf which will slay the bear! Run bear! Run!
2018-12-27 17:10 | Report Abuse
Closed up 2.5 sen, where got drop?
2018-12-27 14:59 | Report Abuse
Bull calf was born yesterday and soon it will grow up and gore the bear
2018-12-25 19:18 | Report Abuse
LA is not really cheaper than mother. LA nominal value is 5 sen, needs two LA to convert to one mother or one LA plus 5 sen to convert to one mother.
2018-12-25 19:07 | Report Abuse
Right now I am not looking to add Affin as I feel I can make more elsewhere in the short term. Different people have different risk appetite. For a banking stock, present price is reasonably cheap and bear in mind there's not much free float in Affin as LTAT, Boustead and Bank of East Asia Ltd already owned close to 80%. So, when a merger comes, the price will move up rapidly.
2018-12-24 15:40 | Report Abuse
As expected price eventually drift down. It's a bear market now. Price also adjusted for 5 sen dividend.
2018-12-21 15:05 | Report Abuse
Because calling for EGM needs to give at least 21 days notice. In the case of a special resolution like proposed liquidation needs at least 28 days notice.
2018-12-19 19:23 | Report Abuse
EPF target dividend is 2.5% nominal dividend?
2018-12-19 14:12 | Report Abuse
Danny selling cheaply now, later Company will buy back higher.
2018-12-18 15:56 | Report Abuse
Price will hold because of pending bonus shares.
2018-12-18 00:27 | Report Abuse
A mega merger will extract values from the undervalued listed banks and will benefit EPF most.
2018-12-17 23:36 | Report Abuse
Malaysia could embark on its biggest banking merger to create ASEAN's largest bank nudging out Singapore's DBS from that position through a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin. Maybank can scoop up the other banks at around their book values, something that may not have been possible previously when values were higher.
2018-12-16 22:40 | Report Abuse
Merry Christmas to you too Mr Sslee, only a hostile takeover attempt can move the price of Insas.
Stock: [TROP]: TROPICANA CORPORATION BERHAD
2018-12-31 11:01 | Report Abuse
5354, what's your cost?