benhctan

benhctan | Joined since 2013-04-11

Investing Experience Advanced
Risk Profile Moderate

30 yrs equity,15 yrs index/com futures. Former KLSE Floor Trader(No:12) in the open outcry system during early 1980's. Hit the super bull run in 1993-1994 and retire early,thereafter spending part of my time traveling as a solo backpacker off the beaten path throughout Southeast Asia.

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Stock

2013-05-23 14:27 | Report Abuse

Luster main support price todate is 0.14 cts.
Since all shares are bullish this month,a safer zone to get short term yield is 0.14 -0.16

Stock

2013-05-23 14:14 | Report Abuse

The financial report for FYE Dec'12 will be in Chine Renminbi and not Ringgit.
Total assets:RMB2.802m
Reserves in account:RMB2.58m
Earnings per share:39.31 RMBcents
Cash flow:RMB1.889m
All shares buyback in treasury shares has been cancelled so can affect shares price indeed.

Stock

2013-05-23 13:46 | Report Abuse

CSL par value is SGD0.01,major shareholders are the HongKongers using their company in Bermuda,British Virgin Island to list this company.Offshore zombies challenging investors.
Support price this months is 0.30,current price 0.33 is still ok to hold as the candle pattern is a dragonfly doji.
The major holders seemed to have sold @0.45 through inter company dealings.Left pocket to right pocket.

Stock

2013-05-22 23:46 | Report Abuse

Index futures expiring next week,market will be volatile due to rollover of contracts.
The current bull run is still on and investors must know how to take action on speculative stocks that are hot with news.

Stock

2013-05-22 23:29 | Report Abuse

support price this month is 0.70,bullish pullback support is 0.77 which was done around 3:30pm.
Time factor is another important element of trading guys,must supplement with your fundamentals and chart.

Stock

2013-05-22 16:39 | Report Abuse

Fantasy Island here we come.

Stock

2013-05-22 16:30 | Report Abuse

US Federal Reserve..Bernanke,,who splashes money on the US economy

Stock

2013-05-22 16:28 | Report Abuse

..klci..tonight helicopter Ben giving speech.

Stock

2013-05-22 16:25 | Report Abuse

Robin Hood shooting the apple star!

Stock

2013-05-20 23:38 | Report Abuse

kop kun ma kap!ขอบคุณมาก

News & Blogs

2013-05-20 23:13 | Report Abuse

all the funds seemed to have such presentation in their annual reporting prospectus.
but when it comes to unit price per fund investment,it's horrible even when the KLCI is now toppish.
Unit price daily is quoted by Managers Price...rubbish..should be demand and supply price,not the fund company quote any how they like.

Personal Finance

2013-05-20 22:53 | Report Abuse

This is a true fact that foreign investors are long ago fearful of putting their money here due to compulsion of rent seekers sitting on the management board.
It's like "ALI BABA & The 40 Thieves" economy.

Hence,the foreigners merely use the country as a service center,R&D and not transfer of technology.

The latest post election finger pointing and threatening of economic sanctions against certain race products shows the stupidity of the government planners and is going to backfire and threaten Malaysia's economy on the whole into the next "Greece of Asia"

Watch out when India impose higher import duty on your crude palm oil,and China tells Malaysia's GLC off that they have cheaper palm oil from their plantations in South Africa.

Then only the government talk cock and bull story of using palm oil as biodiesel.

Try funny some more oil speculators hammer the price of crude oil down,and the revenue of the country sink deeper into the red and the submarine will lie motionless at the bottom of the sea.

News & Blogs

2013-05-20 16:36 | Report Abuse

Annual Report 2012,close to 70% top twenty are individuals,only single government agency remained as comforter to show Kuok Group that they are not alone.

After all they got huge portion from special allocations at much better discounts and must have taken profit and buy back to make it feel good.

You'll be surprised that the director mafias has no more holdings.
And where are the local EPF funds/trust company no more in record,surely got insider information for them to run fast.

[PDF]
Annual Report 2011 - Transmile,,http://www.transmile.com/index.asp?im=ann_reports

Stock

2013-05-20 09:20 | Report Abuse

A new and upcoming olympian stock,better than Carl Lewis!

News & Blogs

2013-05-17 21:15 | Report Abuse

TI-M members today questioned the president's integrity.
They're upset that Paul Low had signed the election integrity pledge with the premier on the 17th March 2013 without the organisation's approval.

My view:How can the ex TI-M president witnessed the signatories of people like the corrupt Sarawak minister since there are already evidence.He merely close one eye knowingly that he'll be part of the crocodile team very soon.

This is what he said at that time:
"Before we launched the initiative, we did not engage any politician because we don't want to be seen as being biased towards anybody,”
Now here..did he inform TI-M members about the launch or he think is his own grandfather company and do what he like.

With Saifuddin, Umno supreme council member and deputy higher education minister on board, he said he hopes more candidates will join the campaign to eliminate money politics, but stressed that it is not a competition.

The pledge, a non-binding 'social contract' between the signatories and the people, require signatories to reject bribe-taking and money politics during their electoral campaign and when they are voted into office.

Although the contract is not enforced by any authority, the signatories must open a social media account - Facebook and/or Twitter - to allow direct communication with voters who will monitor and give their feedback on their conduct.

We already know Malaysia has number one robotic spammers so how can this be a benchmark using Facebook/Twitter?

"They can say it is just a piece of paper, yes, but you will be held accountable. The people will watch you," Low(right) explained.

The pledge, he elaborated, is proposed to individual candidates instead of political parties.
He said Saifuddin is seen as a reformer in Umno.Isn't this already a price in product?

This evening this is what Paul Low says:Cabinet appointment not to silence me.
However, he stresses he has no power on the actual cracking down on graft, and he does not control any gov't agencies.

Stock

2013-05-17 20:16 | Report Abuse

Play smart,earn smart,win smart and the jackpot is waiting for you.
Smart money chasing,0.80 is just on the mark and when they get
set,will never look back.
If you like to venture into biomass business with GLC in Johore,this company will be your good choice.

News & Blogs

2013-05-16 16:25 | Report Abuse

Gold now USD1,370.85 (-25.35) @8:25am Chicago Time.
Previous low is around USD1,322.

General

2013-05-16 15:23 | Report Abuse

Breakout level 1.1771.90 must survive to hold near 1775.06 by 4:00pm

News & Blogs

2013-05-16 15:20 | Report Abuse

Look at the quotes now,something amiss.

General

2013-05-16 15:06 | Report Abuse

KLCI Pullback hour completed,technical rebound to 1771.90 shortly.

General

2013-05-16 11:58 | Report Abuse

FKLI has completed its high and pulling back to main support level at 1751 for the month.
The ringgit fell to a 2-day low of 3.0038 against the greenback, compared to Wednesday's close of 2.9885. The next support level for the ringgit is seen around 3.02.

Stock

2013-05-16 09:44 | Report Abuse

Main support price is now 0.67 cts,in view of the strong under currents any technical pullback will be 0.71 cts.
Today,level 2 is at the surface level dated 15.08.12 awaiting to send ripples across the ocean.

News & Blogs

2013-05-15 23:08 | Report Abuse

Crude Oil:USD92.352(-USD1.86),Gold USD1,392.65 (-31.85) @15:06 Chicago Time.
AmPreciuos Metal Fund=0.439 cents.(gold shoot up,this fund didn't move in tandem,ridiculous.I'm watching you.)

News & Blogs

2013-05-15 22:43 | Report Abuse

Gold is crashing again!!now USD1,394.35 down USD30.15 Chicago Time
That's near the level where all the Asian folks jump in to sapu recently.
The worst is yet to come near USD1,000

News & Blogs

2013-05-15 22:12 | Report Abuse

ckychristina:sorry you are a newbie,hope not to frighten you.
The MAS-OR you have in hand cannot sell in open market.Trading closed yesterday.
Now this is very ,very important that you must go to your own investment and see your remiser to get the Rights Issue application form to subscribe.They will advise you further.

Failing to take action with immediate effect will see you holding a worthless MAS-OR which is a actually a RIGHTS ISSUE application form with specific dateline.
You still have the time to buy bank draft,RM10 revenue stamp and submit to registrar.

News & Blogs

2013-05-15 22:00 | Report Abuse

"ckychristina":more detailed explanation in forum section under:-stock MAS

News & Blogs

2013-05-15 21:49 | Report Abuse

ayuh!!!why are you so ignorant ''ckychristina'
You should have followed this forum section:MAS-OR

Stock

2013-05-15 20:13 | Report Abuse

cheers..you spike up level 2,no more limbo rock!!

News & Blogs

2013-05-14 14:58 | Report Abuse

Trading Psychology
Empowering You to Trade with Confidence and Consistency

We hope to bring out the BEST in YOU & your financial future.
Privilege is your next move; our next move is your privilege

Date: 17th May, 2013 (FRIDAY)
Time: 6.00pm -6.30pm (登记与茶点)

6.30pm - 8.45pm (讲座)
Fees: RM80.00(inclusive refreshments)
Venue: Jupiter Securities Sdn Bhd.,
Level 9, Menara Olympia, 8 Jalan Raja Chulan
50200 Kuala Lumpur.


ALAN TAN

Head of Business Development

Jupiter Securities Sdn Bhd

Stock

2013-05-14 10:38 | Report Abuse

Absolutely correct,,nonoman,,there'll be a euphoria and punters will be carried away.The time horizon for conversion is so close and when volume tapers off,the bleeding begin.

Stock

2013-05-14 10:31 | Report Abuse

To help clean up its balance sheet and wipe out its accumulated losses.
Also the proceeds from the proposal will be used to finance capital expenditure, for working capital requirements and to reduce borrowings.

Stock

2013-05-14 10:19 | Report Abuse

The stock market is full of opportunity irrespective of what they are.
You must be willing to track the price according to the trend.
Never be afraid to take profit as the market applies the Newton Law of Gravity.

Stock

2013-05-14 10:06 | Report Abuse

MAS-CM is sooh cheap that even a kindergarten kid would like to participate as the price money is already known at 0.50 cts.
Take eg AFFIn-CM now 0.17,exercise RM3.50,mother share RM4.00
DRBHCOm-CU now 0.07,exercise RM2.80,now market RM2.75

Stock

2013-05-14 09:56 | Report Abuse

Agree..I'm going to take all my cows and lands,charge them to the bankers as mortgage collateral and go for it,hoping for the 0.50 cts target.

Stock

2013-05-14 09:48 | Report Abuse

MAS-CQ expiry 18/12/13 conversion 1:1 exercise price 0.80(before current adjusted rights issue).
Just compare the difference between MAS-CM & MAS-CQ.
Don't get caught by this gimmick.
The market price of MAS at that time between RM1.20 -RM1.60 /RM1 shares.

Stock

2013-05-14 09:41 | Report Abuse

Just buy the MAS parent shares and follow the flow.There will be more MAS-xx coming out which will be derivative products with expiry date for conversion which can make you loose your pants.

Along the flight sometimes you might have extreme air pockets where you have to fasten your seat belts as this will frighten you.

On the whole,the daily shares price is the sweetener,not all the promotional news.

Stock

2013-05-14 09:15 | Report Abuse

This warrant is a derivative product expiring 28.10.13 with a fixed exercise price of RM1.08(before adjusted price of current rights issue),you want all the cows to follow the cow herd.
RM1.08 adjustment=[(1 + M) / (1 + (R / S) x M)] x E

Stock

2013-05-12 23:32 | Report Abuse

naughty company,I prefer the AGM and get free fire fighting gears.

Stock

2013-05-12 23:23 | Report Abuse

Rosma:exactly you're right,surely you and me have seen this kind of exercise during yesteryear.
Wonderful,you're very sharp.

News & Blogs

2013-05-12 23:03 | Report Abuse

To all loving Malaysians who hate iron fisted tyrant rule,electoral fraud and manipulation of the electorates.
Join in to send this PETITION to the United States of America Obama Administration.

https://petitions.whitehouse.gov/petition/severe-democracy-crisis-malaysia-fraud-malaysian-13th-general-election-national-front/XwrT0PYt

Stock

2013-05-12 13:00 | Report Abuse

MAS paid-up BEFORE restructing RM1.00 par value=3,342,156,240=same value ordinary shares.

AFTER capital reduction cancellation 0.90cts to 0.10 ct par value=
334,215,624 comprising 3,342,156,240 ordinary shares.

New Rights shares same as parent shares except not entitled to dividend,rights or any distributions from date of allotment.
++my views,If these new rights shares were to be listed separately,say eg under MAS-WR or anything,then the paid up has not much effect as yet until the day it merge with parent shares.Happened before in this counter.

Besides Khazanah 69.37% stake, the other substantial shareholder is the Employees Provident Fund with a 7.98% stake.
Both undertake to subscribe fully.
If the overall subscription is poor,Khazanah might end up holding more of MAS than the maximum 75%. Further, to maintain MAS' listing status, the company would rectify the situation within the timeframe allowed by the authorities.

Don't worry,"Go for IT!!!.MAS has in early February acquired an off-shore company, Malaysia Airlines Capital V Cayman Limited, at a paid-up of USD 250 comprising of 250 shares of USD 1.00 each in cash for its operation.For what..next time when they goreng will reply,we don't know maybe foreigners buying.

Friendly reminder: All buyer of MAS-OR in open market,collect PAL form from your respective brokers upon T+3 payment. Provisional Allotment Form has the serial number otherwise you are to blame yourself printing an invalid application paper.You are regarded an alien,illegal passenger on board.

News & Blogs

2013-05-11 00:34 | Report Abuse

Crude Oil:$94.60(-$1.79) Gold:$1,433.55 (-$35.25) 16:46hr Chicago Time

Stock

2013-05-11 00:29 | Report Abuse

hey,I don't even buy MAS-OR,can I just print the form from Bursa website,buy a draft and then just submit?Mana Ada System

Stock

2013-05-11 00:16 | Report Abuse

If you own 1,000 shares MAS,registrar send you rights form printed 4,000 shares rights @0.23 with PAL No:XXXX.

So buyers of MAS-OR,when payment date collect the form at payment counter.The rest broker fill for you and you sign.
If today you only bought 6,000 shares the investment has the form to fill.
After all the underwriters are all waiting for your kind and sweet contributions with open heart.

News & Blogs

2013-05-11 00:03 | Report Abuse

US Dollar pushes higher vs. rivals ahead of G7 talks

News & Blogs

2013-05-11 00:01 | Report Abuse

U.S. crude oil inventories rose by 230,000 barrels,now $93.83(-$2.57)
Gold=$1424.75(-$43.85)

Stock

2013-05-10 23:56 | Report Abuse

Buyer will counter claim on you for default.

News & Blogs

2013-05-10 23:52 | Report Abuse

Gold slides as U.S. jobless claims beat expectations