3 people like this.

169 comment(s). Last comment by cheebai 2013-06-24 16:43

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

tehtarik

35 posts

Posted by tehtarik > 2013-06-22 14:57 | Report Abuse

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!

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 15:25 | Report Abuse

OTB

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.

Ooi Teik Bee

11,122 posts

Posted by Ooi Teik Bee > 2013-06-22 15:51 | Report Abuse

Dear Tonylim,

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.

Thank you.
Ooi

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 15:59 | Report Abuse

Otb if we eliminate off market then we have only forced selling to talk about a legal and properly recorded trx.

Then you mention short covering if index.. hmmn yes there was a 5 points difference at the time when the 7 countered mentioned took a beating.

Wld 5 points make any difference to index shorties.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 16:02 | Report Abuse

laugh until my ass out!
now new logic. short covering of index? hahaha. klci is not expired yet for the month.
wakakakakaa.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 16:05 | Report Abuse

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.

Posted by khooinvestor > 2013-06-22 16:09 | Report Abuse

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.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 16:10 | Report Abuse

mr guessing Ooi.

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.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 16:16 | Report Abuse

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.

inwest88

5,628 posts

Posted by inwest88 > 2013-06-22 16:18 | Report Abuse

Appeal to all - please do not be personal. This forum is supposed to be a dialogue with constructive input for the benefit and knowledge of everyone.

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-22 16:23 | Report Abuse

Tonylim, if you understand what soh Chee wen and TA did, there you have your "logic"! Go figure! :)

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-22 16:25 | Report Abuse

As to how is it being legal, read here : http://singstocks.com/understanding-of-married-deals/

inwest88

5,628 posts

Posted by inwest88 > 2013-06-22 16:25 | Report Abuse

Please visit www.malaysiafinance.blogspot.com where Dali gave a very logical explanation - apparently caused by carry trade.

Ooi Teik Bee

11,122 posts

Posted by Ooi Teik Bee > 2013-06-22 16:25 |

Post removed.Why?

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-22 16:26 | Report Abuse

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!

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 16:59 | Report Abuse

kcloh, omega holdings and one other counter, errr... what was it? sittat?

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 17:00 | Report Abuse

invest, now we have carry trades to talk about. Off market deals is similar to carry trades?

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:01 | Report Abuse

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.

 重量級消費與種植股皆身陷10大下跌股榜,當中有5隻股項跌停板,這包括峇都加灣(BKAWAN,1899,主要板種植)、嘉隆發展(TDM,2054,主要板種植)、CB工業(CBIP,7076,主要板工業)、合成種植(HSPLANT,5138,主要板種植),及沿海工程(COASTAL,5071,主要板工業)(見表)。

ci linked. btoto.
non ci linked. 1)tdm, 2)bkawan, 3)hsplant, 4)coastal, 5)cbip.

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.?

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:08 | Report Abuse

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.

inwest88

5,628 posts

Posted by inwest88 > 2013-06-22 17:16 | Report Abuse

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.

jpleow

247 posts

Posted by jpleow > 2013-06-22 17:17 | Report Abuse

I did a google search on Married deals & here are my findings:

--------------------------------

http://singstocks.com/understanding-of-married-deals/

Off-Market Deal is also known as ‘Married Deals’.

--------------------------------

http://protradeshares.com/market-deal/11/bursa-malaysia-market-off-market-deal

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.

--------------------------------

http://www.bursastation.com/tutorial/directtransactions.html

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!

shirley1

1,141 posts

Posted by shirley1 > 2013-06-22 17:23 | Report Abuse

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 !!

Ooi Teik Bee

11,122 posts

Posted by Ooi Teik Bee > 2013-06-22 17:24 | Report Abuse

Sohhai67,

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.

Thank you.
Ooi

inwest88

5,628 posts

Posted by inwest88 > 2013-06-22 17:26 | Report Abuse

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.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:38 | Report Abuse

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?

shirley1

1,141 posts

Posted by shirley1 > 2013-06-22 17:41 | Report Abuse

maybe Dali already clear our doubts, maybe there is no hanky panky, just that the system not smart enuf to override only :)

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:41 | Report Abuse

moronic ooi otb
2 big arguments
1) married deal.
2) hit down the counter limit down to bring down klci.
both are a big jokes.

moronic ooi, it doesn't matter if I m alex, tarzan or whoever. the fact that u r a big joke remains.

wakakakakakaaaaaa.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:43 | Report Abuse

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.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:48 | Report Abuse

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.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:51 | Report Abuse

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.

conclusion.
moron ooi otb is 100% wrong.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 17:54 | Report Abuse

moronic , I estimate by Monday evening u would apologies to me for your blunder. wakakakakaakakaaaa.

Ooi Teik Bee

11,122 posts

Posted by Ooi Teik Bee > 2013-06-22 17:56 |

Post removed.Why?

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 18:00 | Report Abuse

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.

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 18:03 | Report Abuse

inwest,

I hv done 2 small off market deals in my life, as a middle man not as share broker.

Not my cup of tea.

sohhai67

44 posts

Posted by sohhai67 > 2013-06-22 18:07 | Report Abuse

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.

ktrader

1,848 posts

Posted by ktrader > 2013-06-22 18:40 | Report Abuse

blogger...malaysianfinance.....

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 18:43 | Report Abuse

sorhai,

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.

Jumbo2

119 posts

Posted by Jumbo2 > 2013-06-22 19:57 | Report Abuse

Sohhai, the only praise u got, u got from An OPPORTUNIST Tony Lim.
This one is a buffet maniac who grab all and pay mincely.


Jumbo rate him like a floor carpet.....wipe wipe.....!

jj888

46 posts

Posted by jj888 > 2013-06-22 20:07 | Report Abuse

Dali's guess of carry trade unwinding might explains the surge down well, but what about the surge up of JCY & STAR?

cytew

1,577 posts

Posted by cytew > 2013-06-22 20:09 | Report Abuse

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.

bursa23

1 posts

Posted by bursa23 > 2013-06-22 20:47 | Report Abuse

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.

Ooi Teik Bee

11,122 posts

Posted by Ooi Teik Bee > 2013-06-22 20:59 |

Post removed.Why?

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 21:05 | Report Abuse

ahh back from my dinner.

the mandore of i3 or trash of i3 now appear for a fight. quite predictable. One who is scared of his own shadow or hantu following him.
si beh song.

Jumbo, my late mother once said (in hokkien) if you dont open your mouth, nobody would know that you are deaf and dumb.

Tell me what have you contributed to i3 before you command others except for the words Pantat in 3 postings in Pantech thread.

tonylim

4,796 posts

Posted by tonylim > 2013-06-22 21:09 | Report Abuse

OTB, no I dont agree with you. During the second board bull run in 1996, prices are manipulated or rigged much to detriment of retail players.

Jumbo2

119 posts

Posted by Jumbo2 > 2013-06-22 21:16 | Report Abuse

Tonylim, ur late mother is right (as u have quoted is right) Is that why u always take ppls information and run without any contribution?

"A thief will always be a thieve " quoted by Anonymous

Ooi Teik Bee

11,122 posts

Posted by Ooi Teik Bee > 2013-06-22 21:33 | Report Abuse

Dear Tonylim,

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.

Thank you.
Ooi

Jumbo2

119 posts

Posted by Jumbo2 > 2013-06-22 21:38 | Report Abuse

That's why Tony Sohhai Lim needs to understand TOP price. He doesn't understand.

Jumbo2

119 posts

Posted by Jumbo2 > 2013-06-22 21:39 | Report Abuse

Tony lim = soh hai....that why you praise him right?

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