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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News & Blogs

2013-05-10 23:46 | Report Abuse

Gold=USD1,421.05(-USD47.55): Platinum=USD1,477 (-$39.50) 15:46CT

Stock

2013-05-10 23:39 | Report Abuse

Bring your PAL form on delivery date to your broker,he/she will tell you where to sign and fill.
No matter how on T+3 you must deliver the physical papers PAL.
You r the owner of mother share who don't want to take the rights,so there's a section renounce (Form R) of your interest.Other sections will be non of your concern(which will be the new buyer who filled in).

Stock

2013-05-10 22:53 | Report Abuse

Application rejected if you fail to complete:
1) RM10 stamp HASIL (not ordinary stamp)
2) Filling a wrong Provisional Form
3) Bank Draft behind must write the PAL Number (see the form wheter u need write name ,address)

Rejected bank draft will be return to you as stated in back of bank draft

Stock

2013-05-10 22:45 | Report Abuse

The timing of MAS listing next week will be no good.Currently commodities ,Oil,Gold is crashing USD up.]
Federal Reserve Ben is now speaking,mkt waiting for direction.

Stock

2013-05-10 22:37 | Report Abuse

Say I own MAS share,no money to subscribe rights,hence I sell in open market which all of you are chasing now.I only make 0.07 cts in this deal.

I have to deliver the whole PAL form to my broker by T+3 delivery. and you who dabble to buy must pay to pick up.
So I have to sign the the transfer.
End of the day you pay the full right amnt + the cost 0.7 which u buy + other expenses on your own

If I don't intend to sell,I just buy the full amnt bank draft and post it that's all.

News & Blogs

2013-05-10 22:27 | Report Abuse

Gold now USD1,422.25/oz(down $46.35)-14:07 Chicago Time

News & Blogs

2013-05-10 22:07 | Report Abuse

Gold is trading at USD1,425.25 per troy ounce (down 43.35) at 14:07 CT(Chicago Time)

News & Blogs

2013-05-10 19:59 | Report Abuse

Precious GOLD is tumbling tonight.Now USD1429.75 (down USD38.75)

Stock

2013-05-10 18:09 | Report Abuse

WARNING TO ALL INVESTORS BUYING MAS-OR in OPEN MARKET!!!!
Registrar WILL NOT,repeat WILL NOT send you the Provisional Allotment forms.
Get it at your investment bank.

Stock

2013-05-10 18:04 | Report Abuse

Go to your investment bank,get it near the payment counter immediately on Monday.
This applies to all those who don't own the mother shares but buy the MAS-OR in open market.
WARNING!A lot of investors are ignorant expecting the registrar to send to you the provisional form.
You're going to curse and hit the wall and loose tons of money because the presentation here is cheap to buy--this is wrong buddy.

Stock

2013-05-10 12:44 | Report Abuse

If you want to hold as investor you can,likewise if you are a trader,the current session support is 0.57,if you believe in sell and buyback later since you are in the money why not take action.
There's a double top towards the noon break.

Stock

2013-05-10 12:15 | Report Abuse

no ,they will play top down,not bottoms up!Set a bull trap first.

News & Blogs

2013-05-10 12:13 | Report Abuse

We respect our GEN Y voters,they are our most important back office personnel!The future is also in their hands.

Stock

2013-05-10 12:07 | Report Abuse

correct..correct..correct!
that's what happening now.

Stock

2013-05-10 11:52 | Report Abuse

In our BolehLand landscape,GLC companies will report good results as feel good factor and you'll be surprised.
MAS is famous for this ever since the day it opened for subscription.
History repeat itself.

Stock

2013-05-10 11:45 | Report Abuse

nante tersapu oleh si syaitan dan hantu!!

Stock

2013-05-10 11:36 | Report Abuse

dok,,kita main sama kapal terbang ni ma.banyak lumayan dengan hasil yg tak terduga.

Stock

2013-05-10 11:34 | Report Abuse

Dont forget to buy STAMP HASIL RM10.00,you olang memang memperkayakan pejabat pos.

Stock

2013-05-10 11:31 | Report Abuse

apa le,,bukan taxi sapu,kapal terbang taxiing runway,Jangan masuk longkang.

Stock

2013-05-10 11:27 | Report Abuse

Thank god it's Friday,traders unwinding position.
Your MAS-OR current 0.07 is the resistance price.Any dead cat bounce will be 0.09.Plane is making a descend.
Fasten your seat belt,14/5/13 Tuesday is your final action day.

Stock

2013-05-10 10:53 | Report Abuse

Shadow dancing,zooming past my head and shoulder.

News & Blogs

2013-05-08 22:43 | Report Abuse

Apa yang Cina Mau itu yang Rakyat Mau!!
Cina mau kerajaan yang telus,berwibawa serta bermaruah!!
http://www.tranungkite.net/v12/modules.php?name=News&file=article&sid=6205

Stock

2013-05-08 22:03 | Report Abuse

carynchua:Please be advised that no investors/speculators can simply short-sell a designated Regulated Short Selling stocks.

Traders have to borrow from the Central Lending Agency (CLA) managed by Bursa Clearing House where they have appointed participating investment banks.Certain lending fees will be required.You need to open a special trading account for this instance.

In the case if you hold this particular stock,you can only perform the normal trading.
This is like what we hear everyday from retailers,"I sell first then buy back later"

News & Blogs

2013-05-08 21:02 | Report Abuse

Tun Ahmad Badawi is opening his big mouth now in support of Najis.
Why,Why tell me why..

On 26-10-2012 Datuk Hj Ibrahim bin Hj Ahmad Badawi, the brother of the former PM (YB Tun Abdullah Badawi) and also the Executive Chairman and majority shareholder of Brahim’s Holding Bhd (Brahim’s Holding) was quoted by the Star to have said: “We want to work with MAS.”

Brahim’s Holding has substantial interest in LSG Skychef Brahim’s Sdn Bhd (LSG Skychef Brahim), formerly known as MAS Catering Sdn Bhd (MAS Catering).

Stock

2013-05-08 20:09 | Report Abuse

We investors thought the stock market jungle is like Beauty and the Beast.
There were many traps along the way and MAS-OR has been distributing from 10:00am till 12:30pm with peat sand booby traps.
Sometimes we thought there's a beautiful stream ahead forgetting to use our compass(chart) as our survival tool.

Stock

2013-05-08 19:53 | Report Abuse

ktrader:(30.4.13) cum Rights-price trading 0.68(if you buy here=entitled)
(1.5.13)Labour Day
(2.5.13) X rights=0.365 (T+1)-buy here not entitle
(3.5.13) X rights=0.360 (T+2)-buy here not entitle
(6.5.13) X rights=0.405 (T+3)-buy here not entitled but those who book flight on 30.4.13 must pay by 5:00pm this day.

If you book on 6.5.13,no more seats for you,only fokker plane to Koh Samui in Thailand available and enjoy the moon party.

Stock

2013-05-08 19:18 | Report Abuse

the plane is flying on the 2nd May,you make a booking on 6th May,then you have to wait for the Bangla-Nepalese flight schedule.

Stock

2013-05-08 19:08 | Report Abuse

Ha..ha..talking about rocket,MAS will buy some old rocket space capsule from Kazakhstan in the Ukraine,refurbished it and sell to Ghana in Africa.
This will jack up the book value and deceive investors like what they did before with old aircraft engine.

Stock

2013-05-08 18:52 | Report Abuse

don't be confused,we pay to learn our mistakes

Stock

2013-05-08 18:48 | Report Abuse

In this case,make a firm decision by the eve of listing of merge shares.
To hold on or dispose.
The market might use the format of top down.

Stock

2013-05-08 18:41 | Report Abuse

ktrader:Wonderful,you bought exactly on ex rights date.Did you pay cash on the spot or waiting T+3 then close position or pick up?
This trick tak bolih pakai le.
In this instance you better sell,buy the rights form in open market and participate by enriching the bankers,stamp office and paying your own transport charges.
Or wait till XALL listing date and be an aggressive speculator on this penny stock which will give you many rounds of thrill.

Stock

2013-05-08 18:09 | Report Abuse

To all:MAS rights issue 1:1 a RM1.60 in year 2009.

Stock

2013-05-08 18:03 | Report Abuse

Just to enlighten you,most foreign institutions as well as we poor man in the street got caught in this counter between the range of RM1.20 to even near RM2.20 during their early fake news.
So you can imagine the number of OR papers in the hand of the public as well.
Many will even say phui..phui,what for subcribe,get some cash in better,sell the forms.

Stock

2013-05-08 17:51 | Report Abuse

ktrader:MAS-OR forms are available for sale in open market from the ex rights date for 14 days.
If the MAS has heavy debts and can't afford to borrow some more to subsribe,why not sell the forms to the rakyat and share some of the cronies debts.

Stock

2013-05-08 17:44 | Report Abuse

The terms of payment were specified on the MAS-OR application form.

My humble opinion is investors must sell the mother shares now which will be hoovering around this range till the payment of rights date.
Use this sale to buy the form and subscribe for the shares.Indirectly you are averaging it down.
We investors are all SDN BHD and not Berhad entity with unlimited funds.

This counter is an approved SHORT SELLING counter.
Don't worry about the short term bounce,it is better to take a small loss than the mother of all losses.

Stock

2013-05-08 17:14 | Report Abuse

crude oil goes up,good-lah,petron oil can mark up higher and bill MAS

Stock

2013-05-08 17:12 | Report Abuse

at least 0.01 on humanitarian ground,bear in mind the par value is 0.10 now not RM1.00

Stock

2013-05-08 17:10 | Report Abuse

wachin:exactly,they want everyone to swallow their bitter pills on their behalf.

Stock

2013-05-08 17:02 | Report Abuse

When all MAS-OR rights are being subscribed,the market float of shares will ballooned up.
Don't expect the current mother share price will be sustainable when the rights shares are listed together with the mother shares.
Those days they were being traded separately but not sure with today's case.
Meaning to say:MAS-OR not entitle to dividend,parent shares MAS entitled to dividend.
Anyway,investors can do your part in national service which is part of their strategy.

Stock

2013-05-08 16:36 | Report Abuse

Buy now,you'll be rope in for National Service.
Buy after exercise completed,you're a trader.

News & Blogs

2013-05-08 14:13 | Report Abuse

Bursa briefing:We also want to increase the number of Proprietary Day Traders(PDT).
We want to expand the intra-day short selling to other classes of investors and also intent to introduce retail bonds.

General

2013-05-08 08:16 | Report Abuse

Overnight DJIA +87.31.Gold USD 1447.Crude Oil USD95.42.
US No economic data for tonight.

"Bank of America Merill Lynch economists expect the government to focus on fiscal consolidation after a string of populist handouts.

They expect cut in fuel subsidies in the second half and consumption tax next year.

In the next round of UMNO election in October/November,you'll see some dissidents emerging and asking Najis to resign.He said Mahathir would be among those who back the dissidents."

News & Blogs

2013-05-06 14:07 | Report Abuse

This African country did it,,,http://graphic.com.gh/General-News/black-out-disrupts-collation-of-results-in-kasoa.html

The twist..
Election night results.A funny glitch on the TV screen.The numbers "flip"...and suddenly they've got less votes than they had before.

Well that's about 9:30pm,PKR HQ tweeted got blackout.

General

2013-05-06 11:15 | Report Abuse

Japan Nikkei 225 closed for Children's Day and the end of Golden Week Holiday.
London FTSE close for Bank Holiday.
Meanwhile the KLCI made a brief retracement to 1755 level at 09:52am and is now filling the morning open gap.Actual pullback should be near 1733 level.

General

2013-05-06 09:44 | Report Abuse

Retracement time,1753 around 10:15

Stock

2013-05-06 09:17 | Report Abuse

Big swing today,will pullback to around 1750 by 9:30am and stabilise.

Stock

2013-05-06 08:50 | Report Abuse

KLCI will open close to 1760 level

Stock

2013-05-06 08:47 | Report Abuse

KLCI huge 30-50 points opening gap up.

News & Blogs
News & Blogs

2013-05-03 15:33 | Report Abuse

Ooi Teik Bee:we are a very closely knit community here like brother and sisters irrespective of what creed.
No one is perfect,who knows I might be wrong at times.
At least you have highlighted to investors what happened before in this discussion.
That's how we fine tune ourselves through arguments.