studied MBA but throw bck all to the uni bcoz i chg its definition from business admin to millionaire business. :D

Posted by ozzie75 > Nov 7, 2014 11:03 AM | Report Abuse

@mbatrader: :) What are you studying by the way, if you don't mind sharing?

@ozzie, i believe ifca can give many the MBA. btw, MBA=Millionaire Business Association. :D

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ozzie75 > Nov 7, 2014 10:58 AM | Report Abuse

@mbatrader: studying MBA? :)

@orion, thnks for sharing ur precious comment with noob like me. Appreciate it. If WA is RM1.95 at last day of conversion and mother is RM2.00, i don't think can sell anymore, coz no one will want to buy.

So, what happen if i still hold WA and don't convert?? the most i lost the price i paid to purchase WA, correct?

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Mbatrader. ..If mother is Rm2.00 then WA is 1.90 but if Rm1.95 @ last day of conversion you better sell quickly.....no point converting & if u still like Mother share buy @ the lower price of 2.000...If you convert your opportunity cost is Rm2. 05. ..
mbatrader > Nov 7, 2014 12:46 AM | Report Abuse

orion, if we bought WA at a cheaper price (e.g. 0.60), and when the time it is expiring, the mother share price maybe at 2.00 already. so, it's still worth to convert right? because the cost is only 0.60+0.10, which means i'm getting mother share at 0.70 per share as cost.
So, i don't see how it prohibits the converting, unless mother share price at conversion time is lower or equal the WA price i purchase. am i right?

WOW!! Just out from class and saw the price.... wow wow wow! Hurayyy!

orion, if we bought WA at a cheaper price (e.g. 0.60), and when the time it is expiring, the mother share price maybe at 2.00 already. so, it's still worth to convert right? because the cost is only 0.60+0.10, which means i'm getting mother share at 0.70 per share as cost.
So, i don't see how it prohibits the converting, unless mother share price at conversion time is lower or equal the WA price i purchase. am i right?

@orion, thnks 4 ur explanation. That is provided there is always a gap of 1 cent of WA from mother share. i read some comment saying WA will usually run ahead of mother share and at premium. How possible this happen?

@Cyborg, conversion 10c + cost of purchase for WA = total investment amt. So, u cost won't be 10c only.

orion, can u explain more abt what u mean?
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orionpacific I went WA as for the same amount I get 10%+ more shares..There is also a 1-1.5 sens conversion leverage..

Keep WA for future, but have to make sure u reserve some cash to convert the WA to mother share.

potentially 20% of profit as dividend at year end. Hold on tight tight. BUY BUY BUY!!!!

ATTACK!!!! loaded 20 big lot WA & 10 big lot mother. Ken, give me the show pls. Don't disappoint me.

i see buy q at 0.80? True or not?

@AT, where do u get the cimb tp RM1.05? Would u share the link pls?

we might be able to look forward to cimb tp 0.78 this week. shall we?

2molo will limit up. buy buy buy buyyyy!!!!

with the QR out, no more news. so ppl may take profit and price drops, possible? so, can collect at lower price not?

Limit up today!!!

nv mind Nancy. i hope this is healthy correction b4 it flies higher again. :)

It's good that calvin is trying to be careful here. i as noob has experienced the hot air balloon myself in suma. it was a huge hot air balloon for suma when i don't really understand the business and technical of O&G. however, for ifca, i hv more confidence and think that it has good potential to grow. because this time i'm into something i'm familiar with, being in IT for many yrs especially in s/w. i understand the business and technical aspect of IT s/w. so it may not be an apple to apple comparison for ifca to transmile, hwgb, or even suma.

cassyee.... hold tight tight, will u?

if mother shot the star, no star to reach la. how?

oh no... mother keeps dropping. forming shooting start

last min, mother is falling behind

@rishi, I think there is no best counter. It depends on ur own decision. U do ur own study and decision. If enter the counter when u think its best & u hv high probability of makng profit. I used to be in Suma at one time it was awesome profit on paper. But late made huge loss due to my own decision. Now ifca helps me to cover the loss.

Yeah! Go go go

@rishi, cts=cents (English). sen (BM). u sound like more noob to me. hv u ever trade any stock b4? hv u got cds a/c?

i caught high lo. go go go.... yeehaw!!

@rishi, he means it could go higher than 66 cts. i'm oso noob. i just bought yesterday. :)

yes. i'm noob... so didn't realize smurfbee has answered. Now i know... :)

thnks smurfbee!

@smurfbee, can u share what is the 7.5mil about? and what is PAT?

smurfbee & Alpha, what is 7.5mil about?

cassyee, hv u collected any since u r bck from holiday?

Agree with AT

http://www.theedgemarkets.com/my/article/ifca-msc-8-all-time-high-2003-listing

dj still looks strong... up > 50 pts. Mon is gonna up again for ifca. :)

rise, what's the limit up price?

Siva68, where got two resistance?

It's a difficult resistance to breakout. Lots of seller.

I bot both child & mother. Today 0.55 can ah?

dj up 200 pts. come on..... ifca tomorrow maybe gap up 0.52 when open :)

cassyee, u didn't hold any?

chart is looking nice -> double bottom. DJ future up > 100 pts. ifca will gap up tomorrow.... YEAHHHH!!!! Go go go

don't look too far for now until it can break 0.52. Go go go..... retest 0.52 by tomorrow

dj 2nite up 1.2%, 2molo nite up another 1.3%, then thu klci up 2o pts.... then all syok la....:)

Yeah! go go go....

http://www.theedgemarkets.com/my/article/malaysian-equities-succumb-foreign-selldown-after-resisting-regional-weakness

@cassyee, so u won't buy suma & ifca on Mon? KLCI went up 20 pts on Fri, a lot. i sense that it cud be a trap. don't want to touch for now.

@godbless, i'm more of trader than investor. thats y chose to cut loss yesterday. :( Now, hoping it will have another big drop next Mon. :p

godbless, i remember rule no.1. when market crazily down like yesterday, i tot to cut loss and lost money a lot, but if don't cut loss, money got stuck till don't know when, and no more money to buy anymore.