C17 gone.. so not surprising if break 8.20 today onwards.. no more huge blocks.. hmm

● bye™ .. espèce d'idiot counter !!!

Well.. Maybank.. again.. in the top 10 losers.. crap !!

Down 10 sen? Wow!!! Ambank from red.. now up 8 sen.. hmm???

Sure. C17 is a cash warrant issued by RHB with a maturity on 18-7-2016 (Monday). The conversion value is 8.20. As long as the mom's price (Maybank) is kept at 8.20 and below by end of this week.. the warrant is worth zero a.k.a. toilet paper. Thus.. RHB don't have to reimburse the warrant holders even half a sen. Thats why you can notice (see LuoLi's comments too).. everytime Maybank try to break-out (move above 8.20).. suddenly there will be persistent sell-offs pushing back the price down. So the pattern is the same for some time already.. and today no exception.. hmm.

Sure. C17 is a cash warrant issued by RHB with a maturity on 18-7-2016 (Monday). The conversion value is 8.20. As long as the mom's price (Maybank) is kept at 8.20 and below by end of this week.. the warrant is worth zero a.k.a. toilet paper. Thus.. RHB don't have to reimburse the warrant holders even half a sen. Thats why you can notice (see LuoLi's comments too).. everytime Maybank try to break-out (move above 8.20).. suddenly there will be persistent sell-offs pushing back the price down. So the pattern is the same for some time already.. and today no exception.. hmm.

Hmm.. ???

Today.. all world markets green.. ours the only one red.. what a joke.. lol

Bcoz of C17 laa.. i.e. CV = 8.20 (Issued by RHB) Hmm..

Me think Maybank may uptrend soon. Hey.. what happened to Msian bourse.. all others in the world green.. ours the only one red.. hmm

Oil prices diving more than 1.5% currently. Good luck..

If these go viral.. then worse is yet to come.. ouch !!!

Agreed hng. Just that I'm a short-term trader type.. and so frustrating with most of my investment got stucked in this suppose or used to be a "prestigious" counter. Very unfortunate indeed.. :(

Also, thanks to RHB.. all its warrants are now toilet papers.. do NOT buy its warrants.

Market good today.. yeah. Maybank red? Oh well.. expected.. at least till end of tis week !!

It has been depressed.. same pattern everytime.. and when closing.. there will be a huge block at 8.20. Wondering why Bursa just close one eye and never investigate on this. We r talking about Maybank C Index here.. hmm

Sell?

Maybank is becoming a laughing stock.. should be out from CI soon.. lol

Aiyoo.. why the heavy blockage???

Also.. give a respect to RHB and its peers.. managed to make Maybank's warrant with even the lowest conversion value (8.20) to become a toilet paper.. what a shame Maybank.. lol

Haha.. agreed.. :D

This is an example of a stupid counter. Contracts keep coming but stock keeps going down. No wonder its one of those very unpopular stocks with low volume. Pity to the holders..

Same pattern everyday..

You're an expert hng.. not lucky.. :)

End of Maybank.. tomorrow Friday and next week Raya already. Well done RHB !!! Maybank going down ...

Of course.. but Maybank is being curbed at 8.20 or below.. very obvious.. so look elsewhere..

Hng.. it should.. but notice the persistent resistance at 8.20 hmm..

Maybank should've been in the limelight already.. but still stagnant. All other banks already said bye bye.. see yaa.. lol

There should be a law by Bursa that restrict or ban warrant issuers from interfering with the mom's price within a duration to its warrant's maturity say 1-2 months before. B'coz eventho very beneficial to the warrant issuers.. this practice is very unfair to the public. Macquarie is well-known to do this.. and in this case is RHB..

Msia biggest "manipulated" bank.. then I agree !!!

If you are like hng.. then play tis counter. Others.. keep a distance like a plague..

Since Maybank support is basically non-existent currently.. its price may be pushed down as low as possible to reduce its chances of recovery to beyond 8.20 and at the same time the pusher can accumulate at lower prices.. thus.. killing 2 birds wif one stone..

Coz after that it may trend up to 8.35 till 15th August.. and by then only it may fly further..

Whatever it is.. try to buy on weakness before the 18th of July..

But tomorrow not impossible it may drop below 8.00 n Friday even worse.. so be xtra careful ya. Maybank currently hv no support.. thus quite easy to be pushed down..

Everytime Maybank try to move up.. suddenly there will be a big chunk pushing the price back down.. even currently in red.. while other banks are flying.. lol..

They have tried.. but to no avail..

As I mentioned before.. Maybank is being restrained from going up over 8.20.. monitor closely and you shall notice that its very obvious indeed. Just hope they fail.. coz this is a bad tactic and clearly not a fair practice. Also its beyond Bursa's control thus hopeless..

Careful...

http://klse.i3investor.com/blogs/ValueGrowthInvesting/98795.jsp

Tough to break the contrarians.. n maybe RHB blocks too..

Come on.. push it up.. help make CI green today.. :D

Contract keeps coming:

http://www.theedgemarkets.com/my/article/ahmad-zaki-build-rm1523m-bridge-pahang

Good start:

http://www.thestar.com.my/business/business-news/2016/06/27/maybank-joint-lead-arranger-of-us$219m-financing-for-manhattan-tower/

Nikkei currently green ...

Relax laa albert. Do take your BP pills ya.. :D

B'coz.. Msian bourse is controlled by syndicates.. has been n always will.. LOL

Tomorrow share market open meh? Fish market got laa.. :D

Once it touched 1.0 next week.. buy !!!

Yesss.. was nice to gamble tis counter. Made quite a lot of profit already. But today all sold at 70.5 sen average and left the boat.. espèce d'idiot counter !!! Time to move on..

Cant believe it ended at 8.20 when the price was hovering around 8.11 just before 16:45 hrs.. but it was good to see that happened. This maybe a commencement for next week uptrend and window dressing? We shall see..

P/E so high.. be careful.. it can drop further. But at the same time.. dont worry.. once syndicate decided to "goreng".. the sky the limit.. :D