moronic ooi, pls don't delete your postings, bcos that would make me laugh till die. btw I have kept a copy of wht you have written. incase u deleted. wakakakakakaaaaaa.
Tony, as I mentioned, Dali gave a very good account of what possibly could have happened in his blog. Carry trades are different from off market deals and mostly done by the big boys.
Off-Market Deal is also known as ‘Direct Business Trade’ (“DBT“). In the stockbroking industry, there are 2 types of DBT known as ‘Married Deal’ and ‘Direct Deal’.
There is a difference between Married Deal and Direct Deal. A Married Deal referred to the Purchase and Sales that is done between clients of the SAME Broker whereas Direct Deal is between clients of different Brokers.
Married Deals - A Direct Business transaction in securities where a Participating Organization acts on behalf of both the buying and selling clients.
--------------------------------
My conclusion: Ooi explaination of married deals was wrong & Sohhai67 was right! Married deals are Off-market deals & hence not in Open Market transactions!
haha i like Dali explanation, like a bug hiding inside the system, maybe now they debugging like mad.. before they review the matching algorithm.. let try luck next week !!
I will not delete it. I am at least brave to admit mistake and I am honest enough to say I do not know. Unlike some one who has no ball to say "sorry" even he is wrong.
If I am not mistaken, you are Alex.
You do not need to listen to me, I just give my opinion. You are very personal and bias. Likewise, your good friend Fat Cat.
By the way there were several other counters which also behaved "abnormally" in the last 15 minutes though the impact was nowhere near the limit down scenario. These are Ta Ann, QL, MBSB, IJM Land.
married deals are off market. I have done it thousands of time. wakakakakaka. they never appear in the screen for public trading. moronic ooi do u want to say sorry to me?
dali is also wrong la, he has not in a single day of his life executing a trade directly with bursa. all he does is talking as if he is a sif. I also know dali more than a decade la.
moron ooi otb, I don't even know fatcat, nor jpleow. so anyone who agree to disagree with u must be my friends? looks like I would have more new friends soon.
let me clarify It once n for all. married deals or direct deals, are never appear in the public screen for public trading. the public don't even see it. how can his argument that marriage deal trading to cause public panic and sell together valid??? what a crap.
sorhai, Yes married and off market deals do not appear in public screens. If you have access to screens which you should since you hv done hundreds of them, care to give some opinions as the phenomenon shown on Friday trades in the "public screens". This is more so since you also discounted Dalis carry trades.
Better if you declare here who you are, if you chooses to.
tony. if I tell u I m najib. or Stephen chow, which one do u believe? does it matter who I m? what happened in Friday I would only tell to those whom I knw personally in real life. I m here to point out the big flaws of moronic ooi logic. that's all.
I would believe you (no reasons not to believe save for your language) but whether I act on it, is a different story. I believe the saying goes with the majority here.
I still feel in public (sharing) forums we should be as public as possible esp where moneys are concerned.
In any case, I respect your choice.
Its been one anniversary I am here. Many use multiple nicks to post. I am still amazed by these characters. Any these many belongs to one race. Beats me.
I was told the forced selling was done by foreign brokers, and those affected counters were being pledged as collateral for gold trading, and due to recent down fall of gold price that initiated a margin-call, and the client was unable to top-up, and yesterday was the last day, however the limit-up of STAR at the same moment has invalid this claim.
Whatever the cause, it has again highlight the problem in the Bursa trading platform. That is why Bursa is currently working on the new trading platform (BTS2), which is expected to be live in Dec this year. The new trading platform will have a feature called dynamic limit (+-5%), which will prevent such incidents from happening.
Buy and sell after 4.50 pm is always difficult for "not liquid" stock. There is no buyer at current last done price, you cannot throw to next bidder which is one bid below. Likewise, for seller one bid above current last done price.
Every remisier is complaining on this not flexible feature.
Am I sure?? I don't know.. But if related all these together.... Investment + Borrowing + Policy compliance + Political factors.. you think cannot be mai? Nothing is impossible!
BTW what is the real purpose/reason to dumped cheap? Can be wish to manipulate and gain big $$$$. who know. Just let see the coming week.
Add something here. To conclude.. monday market will be back to normal...Unless. 1. This bigboy (Fund Manager) continue to throw their holding due to whatever the reasons. 2. We ppl other than bigboy panic selling Remember sifu/expert words. Buy on fear... Happy trading! Let me guess, this fund manager..what xxxxxmellon must be in trouble , someone good in google may try to do search
Posted by Ooi Teik Bee > Jun 21, 2013 11:18 PM | Report Abuse
Dear Shirley1,
I believe you are lucky, you should make money from this deal.
To me, KLSE is still bullish and strong. Actually, KLSE performs very well today compared with other markets. I do not listen to others, I do my homework and research, I am still bullish on KLSE as long as KLCI 1,743 is not broken.
KLSE is still bullish and strong. Actually, KLSE performs very well today compared with other markets. I do not listen to others, I do my homework and research, I am still bullish on KLSE
Don't buy based on someone recommendation. If u buy based on OTB advice, then it is Your own fault when yon lose money. l dont blame other when l buy base on someone suggestion. Buying decision came from ourself only. 0TB did not buy for you for your share account right. Wise up man. 0TB did not ask You to buy base on his advice.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sohhai67
44 posts
Posted by sohhai67 > 2013-06-22 17:02 | Report Abuse
moronic ooi otb guessing also never use brain. wakakakakakaaaaa.
anybody still want to listen to him? or follow him to Holland.?