How about when mkt is at 1300? i think the author forget mkt is at 1300 not too long ago.

Plants grow one day at a time. If u water too much it dies also.

Learning starts from observe without judgement good or bad. Beware of judgement spiced with emotional. If u can make peace with yourself and feel the flow of life probably u r right. Correct uncle?

yes uncle when fires subsides u regain yr heart.

looks at the chart this is called sell all the way from the top.

Ha forget to say Pets is really fun.

Well not forgetting Korean pop ya.

anyhow Mr Gan and Uncle Lim said it right. Money is not everything. Dont talk share everyday right? Good. Probably computer game, fishing, swimming, readings, gardening would be more fun. TQ

fail to close above Rm1.6 make it looks bad yet.

sooner or later it is in the hand of stock manipulator.

technically is still bad. I assume the range is 90 cts to Rm1.8

Support is only a support if there is a breakout. Resistance is only a resistance if there is a breakdown. Support is still a support if there is no breakdown. Resistance is still a resistance if there is no breakup.

Do i have any basis for 80 cents? Well when stock manipulator comes in and exploit its weakest moment. Well u hope PNB Tabung Haji and Dato is behind u at 80 cents.

Well Gan i think all the uncles here has been nice with their words considering our stubbornness.

Gan, why uncle no scold us these two days ya? He on holiday ke? Well iam going on trip as well.

U know when position is small it is much easier to handle emotionally. U dont even hv to look at the stock for few months.

in that sense it is not wrong to hold position at RM2.2 but u dont avg down emotionally when condition is not right. Instead u should slim down yr position as small as it can when the loss is still manageable.

With position no matter how small it is I can still have a good feel.

What i am saying is i will forget/will be lazy to keep track of stocks i dont hv position.

But when i am right i will submit to the mkt my bill plus interest.

Well, Carries, are u ready for Eng at Rm0.80-0.85?

Well Mr Gan are u ready for Eng at Rm0.80-Rm0.85?

Surely, we dont know lots of things but we can listen to story. Eng down becoz of unexpected announcement. Since privatised news, Price below Rm2.3 would tell u a story beforehand the unexpected is looming. Is price below Rm1.5 tells u another story of unexpected??

Well, Carries, be ready for unexpected something like what if. That is fine if u r already ready for the unexpected.

Well Gan there are few laggards in my stocks that has not moved yet They are Utd Plt F&N (10% operation hit by Thai floods as well) and YTLCement.

well i could not think of a good reason why i should not continue to sell when mkt is willing to buy.

Mkt would be extremely active at the top and bottom. U could hear mkt challenge u to sell at the top and challenge u to buy at the bottom.

I would say very active trading. Very good mkt for trading if u want to sell and buy. U could sell tons of shares to mkt without sacrifying yr paper profit. Well u could sell at top price as well.

Privatised has two plans Buying out business or Buying out shareholders. If buying out shareholders Very easy send out offer letter ask them to sign One mth finished Business no changes and usually mgmt no changes. Buying out business takes 8 months becoz of due diligence report. Buying out business is buying everybody out and usually change of business plan.

Mr Gan the title is now Debt crisis- Long long way to go. U might look at Eng if dead after 6 months. But debt crisis? U finished paying only considers solved u know. Now they have not started paying yet! Well they did work out how to pay.

TQ Mike i am ready for the kill if there is one. If there is none,then forget it. Well i will forget Eng for now and wait for 4th quarter result when i think there is a panic selling.

well i always opined the way to solve the debt crisis is to pay back the debt. Not all kind of restructuring gimmick.

mkt may have advance but it still yet to have depth and ability to absord the shock. Valuation is at middle band that means if outlook is good then it is cheap If outlook is glooming then valuation is expensive. Let me do some swap to cash before mkt closed.

Well enjoy watch the show if u are not faint hearted.

well i present enough all negative. It rewards as well if certain things happens. I am not accountable for any rise and fall.

There would b lots of accounting gimmicks here.

well this is for Mr Gan. If u ever study a company fundamental, pls keep in mind a company intangible assets such as brand name, management and business model. This in fact is a driving force behinds facts and figures ya.

well tq. When i look again at the price from the date of announcement it does not behave right as it never crosses Rm2.3. It should give us early warning. It looks like inside selling from the beginning.

if cash pile is halved due to expenses and no revenue and value of treasury shares is halved and machine is halved written off b4 insurance claim, u may expect NTA is halved as well.

Well no revenue no profit. That wont affect NTA. The depleting cash piles over next 6 mths and losing value of treasury shares and possible 4q and subsequent quarter loss and write off b4 insurance claim will affect NTA. All this will recover eventually provided the floods does not change the landscape of industry.

Old chinese sayings say it well Heaven must grants the wish and timing Earth must pave the way and People must help. Save yr bullet now. Even insider dare not pull the trigger.

Unexpected events is like someone winning 99/100 by averaging down and dump everything into Eng at Rm1 But it goes bust at zero.

Well i can afford to buy at Rm1 becoz my gambling is only portion of my investment profit. Well when i gamble i lost most of time.

There is always unexpected accidents. Unexpected events is like if u c a train coming very far away and coming very slowly, do u still want to walk across the railroad??

When there is lack of insider move, there are 2 reasons: first there would be cheaper price and they wait for right conditions and timing. Their buying up must be backed strongly by good conditions and timing. Second is they are afraid of getting the stocks themselves as they know the situation is more serious than public thought.

Look for insider move. There it is not any. I could not think of any other persons who is more concern about the decline than shareholder themselves. But it is not there. Well we dont hv to know why but just know that there is no manipulation for the rise yet.

as there is no buying power price would go down to investment value. And there is only one way to find out right or wrong which is buy at Rm1. No need to waste time.

Am i wrong? Not yet. If i buy at Rm1 and it stays dead then i am wrong.

U can only collect something meaningful below 1300, about 20% below the peak of 1600.

Mike has my first impression, that is making a kill/dump everything. The differance is i make a small test. Becoz without position, i dont know where i am?

The intention is good as stock price fluctuates too much for last ten years. Not good for company profiling. Also it is a family business. Also, Going forward buying out the rest of family is a big step forward.

Oh iam not sad la. I always disregard small gain and small loss.