1 person likes this.

58 comment(s). Last comment by gopro2233 2017-03-24 09:08

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-21 23:04 | Report Abuse

I think Bursa jealous of Bones.

lizi

1,968 posts

Posted by lizi > 2017-03-21 23:11 | Report Abuse

hahaha, i share the same thought

Posted by stockmanmy > Mar 21, 2017 11:04 PM | Report Abuse

I think Bursa jealous of Bones.

firehawk

4,780 posts

Posted by firehawk > 2017-03-21 23:18 | Report Abuse

ok .. let's see anybody arrested ...

hewiester

449 posts

Posted by hewiester > 2017-03-21 23:44 | Report Abuse

Yeah. Bursa is becoming like a new corrupt joint for bigboys to hang around n launder their money

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-21 23:55 | Report Abuse

I need the rest of the letter to see if any new guidelines.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-21 23:57 | Report Abuse

Fake news can determine US Presidential elections.

surely fake news can influence share prices

but is that illegal?

even if illegal, how are you going to enforce it?

charge bloggers ( Bone ) if found any fake news in blogs?

speakup

26,085 posts

Posted by speakup > 2017-03-22 07:48 | Report Abuse

the guys at Bursa/SC must be soooooo jealous we retailers are making BUTA MONEY, while they are forbidden to trade due to Bursa/SC staff rules.

LET'S CONTINUE PARTYING!!!!! BUTA MONEY COME COME COME!!!! LUV IT!

gopro2233

59 posts

Posted by gopro2233 > 2017-03-22 08:01 | Report Abuse

no all make money one..the one pumping earlier made money..but most of the retailers burn money

gopro2233

59 posts

Posted by gopro2233 > 2017-03-22 08:03 | Report Abuse

cmsa

Fraudulently inducing persons to deal in securities
178. (1) A person shall not–
175
(a) by making or publishing any statement, promise or forecast that he knows
to be misleading, false or deceptive;
(b) by any dishonest concealment of material facts;
(c) by the reckless making or publishing, dishonestly or otherwise, of any
statement, promise or forecast that is misleading, false or deceptive; or
(d) by recording or storing in, or by means of, any mechanical, electronic or
other device, information that he knows to be false or misleading in a
material particular,
induce or attempt to induce another person to deal in securities.
(2) In a prosecution for an offence under paragraph (1)(d), in relation to the recording
or storing of information, it shall be a defence if the defendant establishes that when the
information was recorded or stored, he had no reasonable grounds for expecting that the
information would be available to any person.
Use of manipulative and deceptive devices
179. It shall be unlawful for any person, directly or indirectly in connection with the
subscription, purchase or sale of any securities–
(a) to use any device, scheme or artifi ce to defraud;
(b) to engage in any act, practice or course of business which operates or would
operate as a fraud or deceit upon any person; or
(c) to make any untrue statement of a material fact or to omit to state a material fact
necessary in order to make the statements, made in the light of the circumstances
under which they were made, not misleading

gopro2233

59 posts

Posted by gopro2233 > 2017-03-22 08:04 | Report Abuse

182. A person who contravenes section 175, 176, 177, 178, 179 or 181 commits an offence
and shall be punished on conviction to imprisonment for a term not exceeding ten years and
to a fi ne of not less than one million ringgit

copied from cmsa pdf you can found on website...zZzzz

bgt9963

572 posts

Posted by bgt9963 > 2017-03-22 08:09 | Report Abuse

I really support your comments..calvintaneng..tsk!

kk123

1,964 posts

Posted by kk123 > 2017-03-22 08:15 | Report Abuse

Are they refering to kyy ?

ganasai

1,671 posts

Posted by ganasai > 2017-03-22 08:28 | Report Abuse

Operator like old man will pakat with the company to fry up the stock. Operator will absorb the stock at low price before spread out the news such as got intend to what... got intend develop what new project... when price fry up, Company people and operator will start pump and support a little bit stock to pretend. Ai.... market got a lot of blow water thing. Newbies really need to becareful. This mostly easy happen on penny stock.

cooling

1,676 posts

Posted by cooling > 2017-03-22 08:29 | Report Abuse

bonescythe will be the first

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-22 08:42 | Report Abuse

gopro

178/179 refers to directors and insiders.....

this letter from Bursa have a much wider implication including outside bloggers.

Until I have the full letter, I have no idea what they are talking about...except being jealous and immature.

gopro2233

59 posts

Posted by gopro2233 > 2017-03-22 08:53 | Report Abuse

ooh yaa my badd...

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-22 09:14 | Report Abuse

Bursa should not talk cock

If its manipulation of shares, there is enough legislation to charge people guilty of share manipulation and false markets.

action speaks better than words.

Bursa should not use layman words like pump and dump.

starperformer

1,443 posts

Posted by starperformer > 2017-03-22 09:32 | Report Abuse

Small fishes should be grateful that they make money follow the armada mah. Why complaint so much? These critiques just asking for attention but following & buying behind the scenes. Really idiotic people. LOL

gopro2233

59 posts

Posted by gopro2233 > 2017-03-22 09:32 | Report Abuse

SC should do something on this

starperformer

1,443 posts

Posted by starperformer > 2017-03-22 09:33 | Report Abuse

Go buy HEVEA the homegrown IKEA of Malaysia!

cend0l

188 posts

Posted by cend0l > 2017-03-22 09:40 | Report Abuse

surely people have reported bone and speakup. okay la guys, jail also got internet to trade :D

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-22 09:43 | Report Abuse

chargeable for fake news?

starperformer > Mar 22, 2017 09:33 AM | Report Abuse

Go buy HEVEA the homegrown IKEA of Malaysia!

lachai2004

589 posts

Posted by lachai2004 > 2017-03-22 09:52 | Report Abuse

Market speculations whether pump or dump is always exist in any stock markets and investors must know what he was buying into

jayalbert

1,574 posts

Posted by jayalbert > 2017-03-22 09:55 | Report Abuse

they've to be seen as doing their job, hence issuing that reminder letter to all participating organisations. that's typical la in this boleh land. the key word is to be seen as doing their job..

SALAM

1,048 posts

Posted by SALAM > 2017-03-22 10:02 | Report Abuse

Precisely, SC are bigger crooks, legalised crooks....Occasionally, put up some statements to justify their big fat pay packets born by the common man of Malaysia

Unicorn

768 posts

Posted by Unicorn > 2017-03-22 10:32 | Report Abuse

A few stocks being pump & dump is still acceptable. Just don't overdo it..

Jay

1,126 posts

Posted by Jay > 2017-03-22 10:35 | Report Abuse

that's bursa compliance division talking. the market division is hoping the more speculators the merrier, big fat bonus for them next year

SALAM

1,048 posts

Posted by SALAM > 2017-03-22 10:37 | Report Abuse

Survival of the FITTEST

starperformer

1,443 posts

Posted by starperformer > 2017-03-22 10:46 | Report Abuse

Stockmanmy, HEVEA no pump & dump. Recommending based on pure fundamentals only mah. Solid company like HEVEA doesn't need such dodgy sales pitch. Today HEVEA is in bargain mah so it's best time to buy in! Ha ha!!

HEVEA is the homegrown IKEA of Malaysia!

It's the largest RTA furniture maker in ASIA and selling online too!

http://www.heveapac.com.my/
http://www.mykreakids.com/

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-22 11:07 | Report Abuse

it is one man's opinion vs another man opinion whether Dataprep , Olympia and IWcity is fundamental or not.




starperformer > Mar 22, 2017 10:46 AM | Report Abuse

Stockmanmy, HEVEA no pump & dump

henry888

2,247 posts

Posted by henry888 > 2017-03-22 11:46 | Report Abuse

Except those giving dividend company, it is understood that someone will win and someone will lose, ie. enter at your own risks. In share market risk is always there.

Posted by ChronoFund > 2017-03-22 11:55 | Report Abuse

When market slow and inactive, we say boring. When market active and volatile, we say manipulation. What we want??? No free lunch in this world. Trade at your own risk.

Blacksails

762 posts

Posted by Blacksails > 2017-03-22 12:28 | Report Abuse

Think the directors of jaks complained to sc, lol

Justa Doll

1,701 posts

Posted by Justa Doll > 2017-03-22 12:33 | Report Abuse

SC letter = who got burnt in olympia..some big gun?

Posted by ahmadkamarul > 2017-03-22 14:10 | Report Abuse

KYY, StockAlliance, WeCan & Bone. Siapa lagi?

Zea XG

303 posts

Posted by Zea XG > 2017-03-22 15:26 | Report Abuse

In investment, use your own judgement. Don't simply follow other people's advice. It's your money and ultimately it's your own fault if get burnt.

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2017-03-22 18:00 | Report Abuse

They should encourage pump and dumpers because they are the ones who will actually push up the market.

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2017-03-22 18:02 | Report Abuse

Nobody ask the investor to buy.
Nobody ask the investor to chase high

People who complain should not trade in klse.
Keep the money in piggy bank is better.

nikicheong

2,456 posts

Posted by nikicheong > 2017-03-22 20:47 | Report Abuse

Who say Bursa and SC staff can't buy/sell stocks? I mean sure they have to disclose and maybe have cool down periods/long term holdings, but if they really cannot buy at all that's stupid. To be good enforcers you must be familiar with the system at the very least.

nikicheong

2,456 posts

Posted by nikicheong > 2017-03-22 20:52 | Report Abuse

Btw the guys who participate based on speculation and in the end get burned out are not innocent people lah. Those guys are lalang and greedy baskets. I have no sympathy for them.

greatful

1,644 posts

Posted by greatful > 2017-03-22 20:54 | Report Abuse

close entire bursa for 6 months for investigation lah. hahahahahahahahahahahahaha

yfchong

5,798 posts

Posted by yfchong > 2017-03-22 21:03 | Report Abuse

this ia the thrill

3iii

12,917 posts

Posted by 3iii > 2017-03-22 23:01 | Report Abuse

Beware the manipulators in the market and blogs. They are always around. In a particular forum (not here), these people were very active trapping the uninitiated and the newbies. Look at the old thread on Patimas target price 30 sen. Look at the old thread on Karambunai. Look at the old thread on napshot 40 recommendations. Yes, look at the old thread on GSB too. :-)

Posted by Sid Di Hakimilokovich > 2017-03-23 14:40 | Report Abuse

now mr market becoming more aggressive.

Posted by billionaire88 > 2017-03-23 21:38 | Report Abuse

All fund managers do pump and dump don't they?

myongcc5

708 posts

Posted by myongcc5 > 2017-03-23 21:40 | Report Abuse

As regulator, the phrase 'pump n dump' is inappropriate!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-23 21:42 | Report Abuse

pump and dump is so laymanish.....

what has happened to our regulators? Taken over by the kids?

myongcc5

708 posts

Posted by myongcc5 > 2017-03-23 21:44 | Report Abuse

Exactly

gopro2233

59 posts

Posted by gopro2233 > 2017-03-24 09:08 | Report Abuse

seems like finra oso have the same problem

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