Alvian dan YiStock: betul sekali cakap bro! Dalam forum ini, lebih ramai orang yang berpengetahuan dan ingin belajar berbanding mereka yang negatif dan suka menimbulkan kekacauan. Kita ikutlah yang positif!
If there was indeed is willing buyer willing seller at 30% difference in price, I beg to ask why its was not done over off-market deals like tgoff prior to the price crash to 50 sen.
A very good question, I really cannot answer this question. I had thought about it yesterday. These deals can be done as off-market, the seller intended to do it at the closing to bring down the stock price.
My 1 cent answer (guess only), This fund had shorted KLCI index future heavily, the loss in stock price will be compensated in the gain in Index future.
May be others can give a better answer. I really cannot think of any better answer.
may I ask, is cbip a index link stock? and why they push limit up Star, and jcy? both are also non index linked. moronic ooi teik bee using big nonsense to cover up his initial nonsense.
I think most of us join the forum because we want to share and hopefully make money from applying the knowledge gained in the forum. As such it would be nice if bickering is kept to a minimum if not eliminated as everyone is entitled to his own opinion. After all, at the end of the day, how much you make in the market is the most important.
My 1 cent answer (guess only), This fund had shorted KLCI index future heavily, the loss in stock price will be compensated in the gain in Index future.
if they had shorted klci, they would have covered big In the morning when index -24pts, la. hahhaha. and not waited unil index recovered to nearly overnite price then hit down 6 pts with hitting down the 6 counters causing them 10x of millions. the 6 pts hit down is meaningless even if they hold all the market position in futures. wakakakak. then again the index future is no due till next week. hehehe. I got u again. no fun la. give us bigger nonsense to shot la. mr moronic ooi u talk like a 3 yr old kid.
fatcat I also don't shot ppls but buey tahan see the idiot otb keep talking nonsense and yet many believers. so I took time to join the forum to question his garbage. normally I don't bother to comment on any forums.
Somewhere along the line, the two elements are crossed and definition became blurred. SC should check as I said before. There is nothing much Bursa can do!
dear readers, pls look at moron ooi otb argument of selling down the 6 counters to bring down ci. out of which, 5 counters are non index linked, it means even if they drop to zero also wont affect klci.
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.
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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.
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....
Alvian
334 posts
Posted by Alvian > 2013-06-22 14:52 | Report Abuse
Lol, okay let's enjoy our weekend... and see what will happen on monday... no patient to wait for monday