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2013-11-19 16:40 | Report Abuse
# rchi - If I am not mistaken, PIE is the favorite of Mr. T from I-Cap
2013-11-19 16:38 | Report Abuse
# rchi - thanks for the recommendation. But I think most of the people here are traders. They go for bread only, not pies.
2013-11-19 15:54 | Report Abuse
# OoiTB is correct - this is the usual market behavior where the blue chips will bring the index up, then followed by 2nd and 3rd liners. The last one or to months play is on penny stocks.
2013-11-19 15:49 | Report Abuse
# MC - normally sellers will come out bit by bit (like no ending) so as to attract the buyers to grab the selling price ! Cannot believe the number of buyers and seller on the screen. They can suddenly appear or disappear.
2013-11-19 15:47 | Report Abuse
# MC - I just mentioned. Market may be switching out from penny stocks.
"Posted by inwest88 > Nov 19, 2013 03:17 PM | Report Abuse X
# Market up 20 points. I have a feeling that the rotation play amongst the penny stocks is coming to an end and attention is now diverted to index-linked stocks. Goreng stocks may be sidelined. Just my opinion !
2013-11-19 15:37 | Report Abuse
# And normally dividends are mentioned as gross as this is the value (not nett) to be deducted on ex-date.
2013-11-19 15:35 | Report Abuse
# hidden gem - I mentioned it's 5 sen GROSS. So if after tax on the 8% and plus the 2%, then it's RM40 nett !
2013-11-19 15:20 | Report Abuse
# jennylee - 1,000 shares will get you RM 50 before tax. (RM40 is taxable and RM 10 tax-exempted)
2013-11-19 15:17 | Report Abuse
# Market up 20 points. I have a feeling that the rotation play amongst the penny stocks is coming to an end and attention is now diverted to index-linked stocks. Goreng stocks may be sidelined. Just my opinion !
2013-11-19 15:08 | Report Abuse
# benjamin12 - you can sell on the the 26th (and still entitled to the dividends) but the price will be adjusted accordingly. It then depends on market forces to determine whether the price goes up or down from the ex-price.
2013-11-19 14:42 | Report Abuse
# CT - caught you here. Ex-date is 26th November. Price will be adjusted down accordingly on ex-date !
2013-11-19 12:24 | Report Abuse
# AyamTua - I use the traditional method where 1 lot = 1,000 shares. Dividend declared 10% (8% + 2% tax-exempt) which is gross RM50 for every 1 lot (as the par value is 50 sen) So if you have 10,000 shares, you will receive RM500 gross. So if today someone buys 1 lot (1,000 shares, say at 80 sen, he will get a dividend of RM50 which is gross 6.25%, higher than fixed deposit.
2013-11-19 12:09 | Report Abuse
# Connie - ya, I notice that you, choolooi and profitman are regulars in matrix's thread. He's very good at charting and helpful too !
2013-11-19 12:06 | Report Abuse
# ProfitMan - welcome to the family thread. I have followed your comments and would be glad if you can share your trading ideas and views with us.
2013-11-19 11:47 | Report Abuse
# winman1 - welcome back. I notice your approach is similar to mine, not chasing prices. Conservative !
2013-11-19 11:45 | Report Abuse
# chengyee - like I say, it's almost identical to the original Penang curry mee !
2013-11-19 11:33 | Report Abuse
# MC - My SA spotted at 60 over sen before it moved, thus to me it's now high but TA may show otherwise. By the way where is swee88? Perhaps he can help with the reading as TM932 and CT probably are busy with their work.
2013-11-19 11:20 | Report Abuse
# MC - UMS I reckon has gone up too fast and too high. Don't rush, this type of counters is not active under normal trading conditions. It may lie know for weeks before it moves again. Just my opinion. TM932 / CT, appreciate if you can advise MC on the chart readings !
2013-11-19 11:15 | Report Abuse
# OoiTB - good advice. Even if cannot get rich from the stock market, at least do not lose one's hard earned money.
2013-11-19 11:10 | Report Abuse
# Evel - thanks. Fun trades must in and out fast. I am contented with small gains !
2013-11-19 11:09 | Report Abuse
# chengyee - so you managed to get the Mykuali mee. From Sogo right ?
+
2013-11-19 11:01 | Report Abuse
# OoiTB - thanks for you view on the KLSE. Hopefully the market will continue till CNY for peoplrto make some money to keep up with the rising prices. This CNY will see food prices shooting up like nobody's business.
2013-11-19 10:59 | Report Abuse
# Hot.T - Mr.OoiTB is an expert on TA but feels that if combined with FA would be better. I reckon he does not believe in GA or SA or whatever A . Don't kacau him la (LOL)
2013-11-19 10:43 | Report Abuse
# hiddengem - I saw that the dividend payable is 10% which is RM50 as it is a 50 sen share.
2013-11-19 10:14 | Report Abuse
# MC - Thanks. Small small gains only. Went up to 54 sen then dropped back, so sell lor ! Your boyfriend not fully awake yet. Be patient !
2013-11-19 10:06 | Report Abuse
# Today's fun trade done. Sold ARank 52.5 sen. One bottle of Single Malt to bring for ex-colleague's birthday dinner !
2013-11-19 09:21 | Report Abuse
# I hope our 932kakis are not affected by Sumatec ! Sometimes charts don't work for these type of counters. People bought at 42 sen, thinking that was the support level.
2013-11-19 09:18 | Report Abuse
# CT - so hantam EAH kao kao already ? All the best (I still have 100 lots from previous purchase). Earlier sold from 15.5 sen to 21.0 sen
2013-11-20 08:04 | Report Abuse
# Winnie - welcome to 932kaki !