I posted the following comments at Magnum thread : the illegal betting problem can be easily solved - instead of talking about raiding these illegal outlets and punishing these illegal operators, all the police have to do is catch a few illegal punters and fine/jail them.... once words get around that you can kana tangkap and go to jail, illegal betting shops will close due to not much business. Will you risk being heavily fined or going to jail just for placing bets at illegal shops ? " Of course, there must be a "will" on the part of the authorities to enforce the law since these are all illegal outlets collecting bets that should rightly be placed with the 3 legal operators. Once a few punters have their faces posted in newspapers etc, others will be "scared" of the shame it brings to they and their families ...... with the passage of time and continuous enforcements by the police, not only BJtoto but also Magnum will see increased revenues/profits and most importantly there will be increase in tax revenues (legal and "clean") : a happy situation indeed !
Until it show nice QR/Div but then price should adjust upward. Regard VT selling portion of the shares, currently he still holding big chunk portion of shares which mean nothing for him. Investing in good share = buy when other feared. How low it going to be, for this year it should be around rm2.5. As long it still have good dividend policy & payout, it will reflected also on share price. Plus remember importance of revenue toward the profit. Do you prefer high revenue low profit or low revenue high profit? As long it is a growth company & dividend yield stock, you can review yearly on company direction & market condition on whether hold/buy/sell. Good luck all.
VT with his experience knows the market psychology & he'll buy (if he wants to buy) when most players are extremely pessimistic so that he'll get those shares for a song. Don't forget he has to dance with the politicians who'll want something for nothing.
Perwaja delisted yesterday on the road of liquidation soon and government not helping as it is the Old man's project years ago. So also VT, LKY, MK, TSS...
Posted by aliyusof > May 31, 2017 11:17 AM | Report Abuse Perwaja delisted yesterday on the road of liquidation soon and government not helping as it is the Old man's project years ago. So also VT, LKY, MK, TSS...
SM becomes friends of every one, old man, and all those there after mah. 30k families and vendors will be affected if Proton down ....GE 14 coming ..ha ha. Like Mas juga. Perwaja small number and many Pas supporters.
My opinion is it was a willing buyer and willing seller transacted about RM150mil worth of share at RM2.50. They should have a deal already struck and did it on market transaction. This means altho it was huge volume at all time low but someone bought in as well to the tune of RM150mil.
Lolz, huge interest buyer. Look like the push down is for da transcaction. Buy while other feared. 50m share transcation is big deal. It can be good price for da year but still depending on incoming QR. If nth bad report come then it will be good price to in. Good luck all.
Yesterday, just 66,366,000 shares transacted and panic ? Look back and see on 23 June 2013 ......... 9,762,844,000 shares transacted on that single day how ? No "falling knife" here, think it's just bad market sentiments : BJTOTO is just an unfortunate victim of Magnum's tax debacle ... sigh !
Lolz, this is no gamble. Start below rm2.5 were all bargain here. Since huge interest buyer or what internal deal they have. New monthly bar chart will form start from today after almost 1 year monthly drop. if still selling still going on, meaning to say internal selling still hvt reached target volume or tp price. Good luck all.
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....
aliyusof
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Posted by aliyusof > 2017-05-26 12:22 | Report Abuse
Don't u knowing vincent tan is selling his shares like crazy in past months and now? Click to it under Bursa website to check lah.