Andygan,

Do not prejudge. How did you tell that sharks are clearing their shares today? Any facts to support?

My observations:
1. Almost 99% of the trades today were done at 22.5 sen. Even at the end of the day, there are still 56,200 shares queuing to buy at 22.5 sen.

2. Today, a few of our forumers had sold their holdings at 22.5 sen(based on postings). Ask yourself! If you were a shark, would you push up some other people's shares when you know that there are sellers in the market???

Conclusion:
1. It appears to me that the sharks are waiting for selling to complete first, before pushing up and/or when the trading environment favours it.

2. The shares that the shark collected today may give him an added incentive to push up later.

Motto: Do not count your win until you see the shark's trump card!

Ha! Ha!

(Disclaimer - This is not a buy call, but just to highlight the fact that market is not as simple as you think and see!)

Hi, Calvin,

One of the stocks that you recommended earlier in this forum, Gromutual Berhad, has gone up. Today, running into a bit of weakness, with resistance at around 52.5 to 55 sen zone.

I have looked at RCE Capital. It is trading within a tight range, on low volume. Will KIV and buy only when there is a breakout in price with good volume.

Thanks.

Insas has been consolidating for a while in Dec. It has been promoted actively in this forum(other threads).

I actually bought Insas last week at 88.5 sen for CNY play. It only went up today. Will look at RCE Capital.

Thanks.

While most of you buy Inari-wa, I bought Insas(another undervalued stock) instead.

If ever Inari runs, Insas will definitely benefit.

Ha! Ha!

Hi, mktwatch,

Yes, the board lot is 100 shares. Today's volume is about 4 times last Friday's volume(3/1/2014).

0.230 0.015 (6.98%) Open 0.215 Range 0.215 ~ 0.230 Buy 0.225 Sell 0.230 Vol ('00) 12,562

Hi, Leslieroycarter,

The stock market itself rests on a zero-sum game principle. One person's gain has to come from another person's loss.

Sharks will have to make money on the punters' expense. There is no free lunch in this world.

Ha! Ha!

Hi, Humbled,

There is no trend breakout yet. It just follows the main market higher. Hopefully, this CNY rally can last longer and it can benefit on the upside.

Market rewards those who take action during depressed times. My SA(which some of you say it is equivalent to gambling) proves more formidable than TA at this time. Of course, nothing is absolute. It all depends on the market sentiments, created by the big sharks.

Ha! Ha!

As I predicted, PM Corp is up now.

Ha! Ha!

Penny stocks have warmed up a little today. Even for a dormant stock, like Ingenuity Solution, has also started to go up with volume.

CNY rally has started? Not confirmed yet until more retail participation. See if there is any rotation play on PM Corp?

Ha! Ha! Trade at your own risks!

Yes, I remember now. That was when you asked us in this thread in around late Nov whether the price would drop back to where it first started moving. I disagreed and you brought up about switching of assets between MUI and PM Corp(correct me if I am wrong).

If you had brought this up much earlier, I think some of our poor chaps here would not be trapped. Anyway, I am still waiting for your prediction to come true and bottom fish.

Ha! Ha! No hard feelings.

Hepitrade,

When did you get to know about this article? A few days ago?

I did not say you should not have shared PM Corp's past history. What I am trying to say is that this should have been done much earlier, and not now, when it is past 2 years.

All of you have been talking actively about this counter for months now. But nobody has shared this openly in the past.

Funny, right???

Calvin,

A lot of forumers(esp the newbies) may not know how the market works.

There is usually a dominant operator that is attached to each and every counter. His job is to filter out the buy and sell trades. Even in a quiet market, he can still create volume to fool people and collect shares.

So, by shark, I am referring to this operator. Of course, the whole market is infested with sharks in various forms and sizes, not discounting the possibility that some forumers may have connection with the sharks too.

As I said, the market is not as simple as we think and see!

Ha! Ha! Speaking with more than 10 years of trading experience.

Andy,

Yes, when price was at 9 sen, trading volume was low.

Shrewd investors bottomed fish and sharks collected.

Ha! Ha!

Hepitrade,

The article was published in 2001. I wonder why this bad deal article was not brought up much earlier(very untimely???) At that time, the price of PM Corp was only 9 sen.

But strangely, more than 2 years now, its share price has gone up from 9 sen to 37 sen, before landing at 21.5 sen now.

What does it tell me?
1. After a lapse of 2 years, this episode of a bad deal could have been factored in;
2. The stock price moves with the general market trend. In a bull market, it tends to move higher relative to its fair value and a bear market, it moves lower;
3. Whether it is a buy or sell call, it is very much dependent on its share price relative to its fair value(valuation). This is an art, not a science.

Ha! Ha! Trade at your own risks.

Full text of Andy's postings in MUI thread(reproduced for reference):

Posted by andygan > Jan 4, 2014 04:27 PM | Report Abuse

泛馬机构原耒的公司名是泛馬洋灰，当时賣洋灰广擁有10億现金这也就是馬联工业借了發出12億8千5百万债券給泛馬机构。

Posted by andygan > Jan 4, 2014 04:37 PM | Report Abuse

泛馬机构本來是馬联集團里的宝石根本是價值非常高不可否定。泛馬机构應该会擁有18億馬联工业股票。

Posted by andygan > Jan 4, 2014 05:02 PM | Report Abuse

朋友是真的假不了，在bursa Malaysia 2004 年的存档就可看到。

Posted by davidkkw79 > Jan 4, 2014 05:03 PM | Report Abuse

andygan, 赶快写信给南洋商报的慧眼 ！ 让他报导以下，相信就会有救了 ！靠你了

Posted by andygan > Jan 4, 2014 05:07 PM | Report Abuse

我有找阿 boon还没回复

Posted by andygan > Jan 4, 2014 05:15 PM | Report Abuse

泛馬机构投资價值高，只要是長遠投资就不是问题!!

Posted by andygan > Jan 4, 2014 05:24 PM | Report Abuse

最近泛馬机构大事重组賣了远東銀行股权，佐漢股权，巫然工业地。應該是好事近了。

Posted by andygan > Jan 4, 2014 05:33 PM | Report Abuse

如果馬联集團把馬联工业股票回归泛馬机构，朋友泛馬机构好事近了，明曰之星。

Posted by leslieroycarter > Jan 4, 2014 05:54 PM | Report Abuse

Can asset rich and Huge debts strike a balance in Mui and PMcorp plus all the related subsidiaries? Some said after the settling of all debts , there are still surpluses which measured more than the present graham net net valuation . Others said otherwise like the normal comments ... Go to Holland etc . As small investors , we really hope the guys in the forum can give a definite answer and not doing campaigns after campaigns where they served no good to all except good for the lurking sharks always on the prowl .

Posted by andygan > Jan 4, 2014 07:24 PM | Report Abuse

Pemodal Nasional 常時期卖出泛馬机构好多年了，MUI 常時那里買回。普通炒家是不可能炒起，除非Pemodal Nasional 出清所有PMC.这也就是上回泛馬机构下調原因。

Posted by andygan > Jan 4, 2014 07:27 PM | Report Abuse

最近泛馬机构轉好，Pemodal Nasional 或者从中買回來。

Posted by andygan > Jan 4, 2014 07:35 PM | Report Abuse

在这里和大家談論泛馬机构是讓大家互相了解泛馬机构，不必因为買了又担心害怕。

Posted by andygan > Jan 4, 2014 07:38 PM | Report Abuse

只要作長遠投资就没有问题，不必担心也不会去Holland.

Andy,

You like to keep people in suspense? Looks like you are not an ordinary shark! You seem to know a lot about PM Corp.

You wrote further on MUI thread:

Pemodal Nasional 常時期卖出泛馬机构好多年了，MUI 常時那里買回。普通炒家是不可能炒起，除非Pemodal Nasional 出清所有PMC.这也就是上回泛馬机构下調原因。

最近泛馬机构轉好，Pemodal Nasional 或者从中買回來。

Ha! Ha!

Andygan,

You wrote on MUI thread:

泛馬机构原耒的公司名是泛馬洋灰，当时賣洋灰广擁有10億现金这也就是馬联工业借了發出12億8千5百万债券給泛馬机构。

泛馬机构本來是馬联集團里的宝石根本是價值非常高不可否定。泛馬机构應该会擁有18億馬联工业股票。

朋友是真的假不了，在bursa Malaysia 2004 年的存档就可看到。 我有找阿 boon还没回复

泛馬机构投资價值高，只要是長遠投资就不是问题!! 最近泛馬机构大事重组賣了远東銀行股权，佐漢股权，巫然工业地。應該是好事近了。 如果馬联集團把馬联工业股票回归泛馬机构，朋友泛馬机构好事近了，明曰之星。

What is the purpose of your posting? You think highly of PM Corp? The bright star of tomorrow?

Hi, Tewnama,

Sorry. Can someone translate?

Seriously, when I bought PM Corp, I was only attracted to the list of assets that Calvin promoted. Of course, the cash pay-out is a bonus, not my main consideration.

So, I did not feel so bad after all, so long as the cash is still kept with the company.

Like what I said, things are not as bad as it seems. Just get ready your cash to average down should you need to. As price goes down, real value will ultimately emerge. Eg it could be a real good buy if it drops to, say 15 sen. But this may not be possible without the short term traders closing their positions!

Ha! Ha! Trade at your own risks.

Zu1967,

Do not just look at the trading volume alone. You must test the market.

I queued today at 20 sen(to buy?). Even so, I could not get it. What does it tell us?

Do not worry. Be happy!

Mike,

As a prudent investor, it is always wise to hold some cash reserve for cheap buys. I am not implying that the market will collapse anytime soon. Do not get me wrong.

Chart-wise, TAFI is on a downtrend. Better be careful. If there is no play by the syndicate or no good news to be announced, it may drift lower.

Market is getting more volatile nowadays.

Nobody can predict for sure when market will turn. It is always advisable to have some cash reserve for any cheap buys.

Just be prepared.

Zu1967,

Cash is king. Preserve your cash for any emergency. Do not do anything drastic now.

Andygan,

Is this your way to build up your team of followers? Ridicule your dissenter!

Calvin may not be so focussed. But he is probably doing the best that he can to provide info on the company. So long as he is sincere and honest in his delivery, we should not discredit his effort. Whether we believe in what he says, it is up to us to perform our own due diligence.

In investment, there will not be big fat frogs jumping on the street for you to catch. We must do our homework too.

In life, nobody is perfect. We must learn to forgive and forget so long as it is not intended to cheat.

Cheers!

Andygan,

Whatever it is, please build up your team of followers first.

Then, you can wield your collective power as a shark!

Ha! Ha!

Andygan,

I have tested you too. You are the hit-and-run type. Posted something and just deleted it off.

So, what type of shark are you? You still have not answered my question.

Ha! Ha!

Frankly, I was attracted to PM Corp by the list of assets that
calvin promoted. That was why I put in a small investment to 'test' him.

But Calvin seems to have lost focus on the bigger picture. I think the management must be made aware of the need to deliver and enhance shareholder's value. Only then, can the hidden value be unlocked to the fullest.

Anyway, the lull month has ended and the traditional lunar new year rally is about to begin. There may be rotational play. I will decide if I should keep or sell this stock. Should I choose to keep, I will use the strategy of dollar cost averaging to bring down my holding costs.

This strategy will work so long as the company does not go bust and you must have ample resources to do so.

There is always a silver lining in every cloud. Just be prepared and happy.

Cheers for a better 2014!!!

Tewnama,

Sorry. My Malay is no good. Can anyone please translate?

Thanks.

Wow, my public bank goes up today, a historic high. The profit that I have made can be used to write off my PM Corp holding anytime.

Ha! Ha!

No doubt this is a down-trending stock, but it has asset backing.

So, you can still sleep peacefully. You do not have to keep checking prices when you go overseas.

Ha! Ha!

Zu1967,

Yes, I have indicated truthfully in my previous posting that it is on a downtrend. But nobody can predict with 100% accuracy where it will finally turn the corner.

My investment is just a small one. I can afford to even write it off. But I believe in the strategy of dollar cost averaging. So, I will probably do averaging down in a more meaningful way after all you guys sell your shares.

Ha! Ha!

Zu1967

Pls take Mike's advice. Sell now so that I can collect at below 14 sen. Once it hits 10.5 sen, somebody is going to change his tone and call for a buy.

Ha! Ha!

That is what I had been pressing Calvin to do - to drive home the message to management to enhance shareholders' value.

Anyway, this is a small investment in my overall portfolio.

I am not worried as the share price has already factored in that. I am prepared to average down my holding price if it drops below 20 sen. I operate much the same mode as the shark via dollar cost averaging - to collect low and sell high when it is above my average cost.

So, any kind soul, please sell yours to me if you are scared.

Ha! Ha!

Andygan,

Thanks for your explanation.

So, what is your position? Are you for PM Corp or not? Why?

Anbz,

Sharks may come in various forms and shapes. The shark that operates this counter might be a mediocre shark.

Whether it is a big or small shark, they will usually operate in a way to collect low and sell high. So, chances are that it has not collected enough to warrant any major move. Moreover, most penny stocks are in consolidation now.

Once it has collected enough, it will push up shares to offload. No reason for it to clear its stocks at lellong prices.

Just my logical thinking. This is not a buy call. Trade at your own risks.

Andygan,

You wrote without explaining:

馬联集團曾经走过一浪比一浪高的成就，如今是否在向從前泛馬机構是否馬联的领头羊把馬联集團带向另一个高峰。

馬联集團的子公司泛馬机構是最有机会被扶持，帶领集團走向另一个高峰。泛馬机構手握大量现金可收購新的生

Zu1967 asked you to translate and you kept quiet. What is the purpose of your posting?

Sharks need to assess the market(buying/selling) before they push down any counter. Usually, there must be a trigger for doing so.

Eg, Tiger Synergy has been down in the past few days. I suspect it could be because its rights share will be trading on debut tomorrow.

If a counter has few sellers, they may not want to push it down too much or risk a short squeeze!

Ha! Ha!

Humbled,

A trend breakout will usually be accompanied by an abnormal increase in trading volume. Could be a false alarm too if sharks are selling their shares.

So, there is no trend breakout yet.

FA is useful to identify stock picks. TA is used to time entry and exit.

SA will be used to assess the trading environment.

No single rule is used solely for trading purposes.

Hi, Humbled,

What makes you think that it is not a shark's job? Everyday, sharks need to churn out some volume to 'confuse' you guys!!!

Market is not as simple as you see and think! There are all kinds of operators(sharks) in the market.

Ha! Ha!

Apparently, it is on a downtrend now. Price comes down. But volume is low, signalling few sellers at this price.

TA is used to predict price trend based on a series of 'past' prices. But it is not 100% accurate. When new factor comes into play, this trend can be altered too.

You can use FA and SA to supplement your decision making.

Trade at your own risk. This is not a buy call.

Spider99,

If you trail the uptrend on the Bollinger band, you can also catch this once it starts to drop(change of trend).

This is called TA. For me, a mixture of TA, FA and SA.

Ha! Ha!

Hi,i3raymond,

Yes, all the 3 elements can contribute to a play. Time, environment and people count.

Every dog has its day!!! Just wait for the rotational play!

Ha! Ha!

Just back from overseas trip. Completely switched my eyes and mind off the share prices.

Wow, the price still did not go down to below 21.5 sen(as per Mike's advice). Looks like I cannot average down my holding prices below 20 sen.

Mike,

You are wrong this time. B J Corp, one of the few counters that you said will not move, also started to move in price and volume.

As I said, nothing is absolute. It all depends on whether sharks want to play it up. Same for PM Corp too.

Ha! Ha!

This is how my SA works(all rights reserved. Do not copy):

Usually when the majority of the bullish investors turn extremely bearish on the counter and start to condemn it, it is telling me that the price is near its bottom.

So far, I can sense that this is building up, but has not reached the climax yet. I am waiting for the buy signal to average down my holdings in a more meaningful way.

Ha! Ha!

Mike,

Your mind is still very much with this stock. I am right about you. I am still waiting for it to drop below 20 sen to average down. If you have some, sell it to me!

1 more week, things could be different.

Ha! Ha!

Greed and fear are 2 things that a trader/investor needs to manage properly to stay in this trade.

Sharks are good at exploiting situations to their advantage. They can use their secret weapon to influence your perception/thinking.

Here is my Christmas sharing:
Warren Buffet's investment wisdom: "When people get fearful, I can afford to be greedy. When people become greedy, I can get fearful". Of course, the stock pick is important too!

Ha! Ha!

I have been trading this market for a long time.

My experience tells me how the market works. Nobody can fool me. A lot of people use FA and TA. But I use SA(sentiments analysis).

Ha! Ha!

No support? If you look at the market depth, you will say it is no support. Because most players are going on holidays. Those who are around are also scared to take positions.

That is why sharks can scare you into selling cheap. Things should improve next month.

Ha! Ha!

(NB I will be away on holiday in the next few days)