@Bilis bilis Best time to enter...will rebound...oversold.

Oversold...Best buys...I think the crooks will start buying now...

@Frank Leong I agree fully. The way Bursa issue UMA like nobody business really make it hard for any stock to rise to their original price. These stocks are already battered down from 80 sen to 5 sen. Hard to rise back if Bursa keeps intervening.

If you all are not thinking of buying XOX, you won't be here...prince won't be here....zbaikitree2 won't be here..Why are they still here? Because they are waiting for a major sell offs....back to 10 sen...so that they can buy...they missed the boat last time...so they are here to spread negative news to get XOX back to 10 sen....then after they buy, they will say...ok...it is safe to enter now. Got the idea?

All the while prince was here spreading negative news when the stock was climbing from 14 sen to 34 sen, don't you all realize it? He was so unhappy that the price kept climbing up. When the price dropped finally they laughed and celebrated. They thought they can get cheap XOX at 10 sen after this episode. Lets watch the show.

I have repeated many times...if today closed above 28.5 sen the uptrend is still intact. Tsunami is waiting but cannot come out. Why???? Because Bursa is watching closely....like a police waiting to catch a thief. But what have we done wrong? We merely buying in anticipation of a good QR report.
Bursa's warning is untimely and has dampened investors mood. I felt cheated to see my winnings turned to losses. But there is no rule...Bursa rule is the rule. How to protest?

Wong Ah Yong was buying big because this XOX telco is a potential good stock. It will rebound. Only people who panic sell suffered because they listened to zbaikitree2 , banditos or prince to sell. They spread a lot of negative news and laugh when people got burnt.

The target price of 30 sen was reached and continue to rise to 34.5 sen and suddenly Bursa issued a warning frightening contra players. So it u-turned suddenly.We are currently waiting for the tsunami to come back.Once the tsunami comes back, we will start to hop into the bandwagon again. Stay sidelined first. Like I said the strategy is cut your losses short and let your profit runs.

Buy on weakness. That is my advise. Watch closely....tsunami can come and go. Be prepared.
If there is no tsunami maybe just wait and let the price drop further to collect cheaper. Don't give up. XOX is still a potentially good stock to keep for long term.

Don't listen the the crooks who only laugh when you suffer and talk nonsense and negative all the time. They are happy to see the stock drop further and laugh. These people have no sympathy to those who got burnt. Do you still think they are your good friends because they caused you all to panic sell and run?? You think they are good? You blamed the angels but you trust the devils.

So far 26 sen is the point it rebounded many times. If this point is breached, it might drop further to 24.5 sen. However I believe bargain hunters will be back to nibble on weakness. Those who play contra please stay out. Stop the blame game. Think long term. XOX will be back.

Looks steady at 26 sen. Buyers coming to support. Lol.

Yes very strong rebound at 26 sen. If today close above 28.5 sen means uptrend still intact.

Good morning.

Yes, the stage is set now. Contra players all kena cuci kuat2 yesterday. Bursa issued a statement they will take action if the price kept rising too fast. This frightens the speculators/contra players who sell fast and get out. I saw the queue 33 sen support was beaten up very fast in 1 minute. This send panic buttons to the rest like a domino effect. Luckily order was restored and the stock rebounded from 26.5 sen to 28.5 sen.

The support now stands at 28 sen. Actually if you are a genuine investor with cash, you will not be afraid of Bursa warning. What Bursa will do they will designate the stock requiring cash upfront before you are allowed to purchase. Contra playing will be forbidden. As long as you got money in your trust account, you are allowed to buy. So what is the big deal? Volume will be lesser, but price should be steadier as only long term investors are buying.

My advice is be cool and steady. Think wisely. Don't rush. Don't panic. Make your own decision. If price drop below 28 sen cut loss and stay out for the next support which is 24.5 sen.

Good luck brothers! Cheers.

kakatua, wunan, tamarindo, 4star, Rav Cheema, Edmund Soo, Swk23, yuyaya95, Trader80 Thank you for your support. Nice to see people here talk nicely and politely.
This forum is a nice place because of you all. Win or lose ...this is stock market. There will not be a stock that can be up all the time. Look at IFCA falling from 1.85 to 0.46
But it still rebounded back to $1. So there is no right or wrong. As long as you invest for long term and don't contra in and out, XOX will reward you handsomely. Cheers!

Capital reduction is NOT a problem and NOT an issue. You still get the same value. For example 100 lot 30 sen after exercise you get 50 lot 60 sen. What is the problem???? Yet you get free rights with free warrants. You actually gained instead of lose.

The real issue behind the fall is Bursa warning. Bursa warned it will taken action causing investors to be frightened and started panic selling. I think QR report is good. So buy on weakness. Watch for any rebound and good luck.

I am not saying Bursa cannot control the stock price...for example Repco went to $70...which is ridiculous I can agree but this XOX only 30 sen...IPO 80 sen...also kacau...haiz...too much kacau will spoil the Bursa from getting some excitement. We lose money nobody cares...we make money Bursa kacau. Where is the logic? Funny isn't it...Bursa charging commission lah...GST lah..semua masuk poket Bursa. Investors like us always at a disadvantage. How to have fair play? You buy sure kena...Buy and sell pay huge commission. Who profit? Bursa lah. Let ikan bilis like us earn some pocket money also kacau. We got burnt...nobody sympathized. Bursa still happily makan commission. Where got mood to play in Bursa... Fed up. No mood. Spoil market sentiment.

XOX dropped from 34.5 sen to 28.5 sen after a warning from Bursa. However I believe XOX will continue to rise. Buy on weakness. Monitor for any rebound. XOX is making profit and will be a worth the keep for longer term. Bargain hunters will be back. Expect some good news from the coming QR.

The problem with UMA is the company cannot 'simply' release their data to the public before the due dates. So the standard reply is 'not aware' because how can they reveal something that is not official. The price jumped meaning insiders already knew the QR profit is good.

Bursa is of course not convince and thus issue another warning and another. This caused the investors to be frightened that the stocks will be designated. They quickly panic sell causing the sharp fall. This is not fair to us who suffered losses because of this. Remember IPO price for XOX is already 80 sen. How to justify?? Why is the IPO price 80 sen no Bursa warning??? While the price rising up to 34 sen only...not even 80 sen Bursa issue warning. Where is the logic? Don't they see the past and history of the stock price to determine UMA? Why can't a stock rise back to its original IPO price? This is not a 10 sen IPO price rising to 30 sen. This is a 80 sen IPO rising back to 30 sen. Can a stock rebound after 5 years ? If XOX is $1.00 you can issue UMA lah.

If I buy a number plate XYZ 9999 for a million ringgit will JPJ issue me a UMA? Buying a stock is my own decision at whatever value I feels it is worth just like the number plate. Why stopping me and issue me warning? This is not REPCO which cost $70 a share. This is just a 30 sen share.

Thank you for everybody who supported richkid. I am so happy to have so many friends here.

Look at the buying queue. All parked at 2 million shares...waiting to collect....Selling queue mostly 1 million shares...So buyers are still stronger.

Good buying opportunity below 30 sen. Tomorrow will rebound back after the news is digested.

Lesser share easier to jump to $1

buying queue keeps getting stronger...no worries...

hahaha...I laugh but at least richkid2 don't condemn me like zbaikitree2 I am happy. Anyone welcome to promote xox and don't simply spread negative news.

Buying queue starting to grow....confidence back....engine start ....

Nobody knows how to buy on weakness? All panic sell listening to zbaiktree2. XOX is making money....the capital reduction was proposed last time when it was making losses. Since it is already approved, it will be carried out. So far I see it will benefit us because we get rights issue. So what the big deal? Stock price will increase today 30 sen after exdate will be 60 sen! And you get rights to sell...added money. If you subscribe to the rights you get free warrants! like IFCA warrants...then your warrants also go up 20 sen...you untung lah...why all panic? XOX is growing and getting profit now...why panic? Look at the buy queue....it is growing and growing ...people are laughing that you sold cheap.... haiz...the moral of the story is listen to zbaiktree2 never pays.

2nd round to play just like last time people panic sell at 17 sen....it rebounded solid...

A little bit of consolidation is healthy for XOX...Bursa will close one eye now...up down is normal. Where can everyday up?

Buying queue so strong at 28 sen...this is good. Strong support coming back. Those sold will regret later....blame zbaiktree2 for spreading negative news to frighten people.

Bonus is you get rights issue. And if you subscribe can get free warrants...like IFCA warrants...so good...extra money.

I buy back at 28.5 sen because XOX is making profit. So nothing wrong with capital reduction. That proposal was long ago...but the application already approved. So just let the price rise higher.

Don't panic lah....xox still make good profit..

untuk every 1 xox..u akan dapat 1 right...kalu u subcribe right tu ...u akan dapat free warrant free
...tapi u kena hold xox shares tu b4 ex-date....kalu u jual sebelum x-date tu...u tak entitle for right
....kalu u tak nak subcribe right tu....u boleh jual right kat market....right for xox akan dinamakan xox-or...dibuka 5 or 7 hari sahaja, abis tempoh tu...consider burn or u kena subcribelah right tu

Still ok...no problem...you get free OR to sell for 5 days..... you price doubled after ex-date and you got rights...so it is a good choice to hold after ex-date. Capital reduced means it is more privilege to hold...lesser can go up faster not like fat elephant.

Only down 2 sen all panic...Thank you those who listened to zbaiktree2 to sell cheap now we can play 2nd round...Strong buying queue back at 28 sen. Those panic sell will regret they listened to zbaikitree2 to sell cheap. He is really up to no good seeing the price shooting like rocket. Where can tahan...he cannot enter cheap..now he enter cheap. See who is the conman?

Buy back support now at 28 sen....For 2nd round play....

All because of zbaiktree2....haiz...he is the conman...spreading negative news here so that he buy ...I think now he is laughing already ....now rebound...see?

Rebound...hahaha...

Wait....don't buy now...wait for the rebound...if not stay sideline.

Wait for the rebound...to buy back.

Can buy back on weakness....just know how to play taichi...people who spread negative news are the people who wanted to buy cheap.

I already told sell if support is breached...you must monitor...I am not conman.

Never mind just sell and wait for the rebound. Buy on weakness. Nothing wrong with capital reduction as long as the company is making money. Suddenly Bursa and the announcement all together making people panic sell.

Buy back on weakness. Those people spreading negative news to buy cheap....thanks to zbaiktree2, banditos...name also one kind...

Sell can buy back later....panic selling....all because of zbaiktree2.

Panic selling due to the capital reduction announcement. Buy on weakness or Take profit!

Actually good because capital reduced ...price jump double...less people holding...you still get rights/warrants. If you don't want to gamble just sell and take profit. People are waiting to collect.

Depends how you see it. When ex-date XOX will fly twice the price 30 sen becomes 60 sen harder to buy...then XOX can be like Maxis and Digi...above $1 will be easy.

Explanation of capital reduction
========================
capital reduction ni macam u ada 5lots reduce jadi 2.5lots....maknanyer shares u berkurang......
kalu masa u beli 5 lots tu harga rm1(rm5000) tapi bila capital reduction jadi 2.5lots mungkin price rm2.(rm6000)...maknanyer u untung....
dr segi shareholder plak......bila capital reduction akan buat counter tu tak byk sharehlder play....so senang lah nak control naik sebab tak ramai org kacau counter ni.

macam counter new listing....kalu capital dia kurang mesti senang naik sbb tak ramai shareholder play...tp kalu counter new listing wit big capital,,,
tak semestinyer senang naik sebab ramai shareholder bleh suka2 dump masa bari listing

@newbiebie Yes can buy as so fasr XOX looks strong at 33 sen.

Please tell me in stock market...who can win all the time? The most important rule is Win more than you lose. thats all. I too learned from past mistakes. We learned everyday. Sharks are everywhere. So please don't blame anyone for just their comment. Any comment must be taken as a pinch of salt. Buy with your own pocket money. Lose willingly. Don't be a sore loser. Be gentleman.

Now I know...all these people are my enemies from previous forum...hehehe...one man's meat is another man's poison is true...hahaha...good to know your enemies. But nobody is right all the time. Anything can change. Always put a stop loss and have a good strategy. Scanwolf was going up too before coming down. Wintoni was up one time and down. Vsolar went up the roof and came down. Why keep blaming richkid ? I cannot control if they want to come down. Just invest with your own pocket money and don't blame anyone. Why keep blaming me when XOX is doing so well...you dig my past losses and start attacking me? Make no sense. We are now at XOX forum. Lets focus on XOX.

zbaikitree2 you want to be stockgod go ahead...I am not stock god. People say only...I am not. I am just human. Keep saying I am monkey...I don't want to fight back because I thought we are brothers and we help each other.

I find it funny here...so many people so happy with richkid earning big bucks with XOX and suddenly Zbaikitree2 appeared and try to tarnish my image. Yes, I saw wintoni huge buying but suddenly the pattern stopped. It u-turn. So what can I do? I then advice people to buy XOX instead of Wintoni. You cannot be right all the time. Not even stock god. Please be reasonable zbaikitree2.

And one last warning! Stop picking on me. Lets focus on XOX.

That was his intention...so that he can buy cheap...

zbaikitree2 Really a sour grape. Focus on xox better. Why targetting richkid who is just trying hard to promote xox? You don't want to make money? Or you scared others buy first and you cannot get cheap price? What is your intention?

Lets promote XOX here and stop attacking richkid...what have I done wrong? I don't understand. Really...XOX is making money I helped to tell everyone. What did I do wrong? Zbaikitree2 is just another sour grape.

This is stock market...anything can happen. I cannot guarantee it can go up or down. We just play with a strategy or game plan understand? We ride our profits and cut our losses. Nothing wrong with that zbaikitree2. Stop pouring cold water on me ok? Why keep attacking me? Nothing better to do? Then you go to Euro forum better.

The stop loss is just a pre-caution like a safety net for those contra players. For long term players I suggest let it run to 80 sen. You must always be alert to buy back when the tsunami wave is coming. So it is a strategy. Why keep pouring cold water?

wow...then you can get a volkswagen beetle.. good luck.

Trading strategy for XOX.

1. Let your profit runs.
2. Put stop loss 1 bid below support. Adjust the support on the fly.
( For example the support for today is now 33 sen. )
3. Ride it to 80 sen.

good luck.