Posted by passerby > 2013-02-01 17:53 | Report Abuse

then Renong Bhd not a good example , sorry :), thanks for correcting berid

Posted by berid > 2013-02-01 18:07 | Report Abuse

however, still, the buyout was due to debt if not mistaken.. UEM took over to save RENONG..
bad GLC then.. same to MAS.. someone will take over?
"GLC never die" huhuhu

Posted by Kl Vin > 2013-02-02 09:51 | Report Abuse

except MAS ~~
I believe others is ok ~~
Just like proton ~~
Myself will invest BLUE CHIP OF GLV ~
PCHEM & FGV !

Posted by Kl Vin > 2013-02-02 16:40 | Report Abuse

MISC TAKEOVER AT RM5.40 ~ This what we called "GLC COUNTER"

Posted by berid > 2013-02-02 16:48 | Report Abuse

the take over is mainly due to "hidden value of the assets"...
they should already re-valued and keep it underground.. delist first after that revalue and make it public.. then listing again with new high price.. =)

Posted by Kl Vin > 2013-02-02 17:04 | Report Abuse

yup ! Agree !!
I believe MPI will slowly takeover Next !!
After election ~ I believe alot GLC counter will start move !!

Posted by Alex King > 2013-02-04 15:40 | Report Abuse

sell all :_

Posted by beginner > 2013-02-04 16:46 | Report Abuse

quater report should coming out soon

Posted by Mat Cendana > 2013-02-04 16:49 | Report Abuse

@berid, busy counting your loot from the MISC-CN killing?:-) This is every warrant kaki's dream, that is in getting *that* counter which `meletup'. Ever since I started with CWs eight months ago, I still haven't gotten the killer CW yet. One slipped by, SKPetro-CA - bought at 0.06 and sold much too early. This one would have brought in 400%!

Now I'm looking at MRCB to be one of the killer counters. Sure doesn't look like it right now. In fact, the probability of it sliding further is greater than it going up any time soon. But I'm going to bet on the GLC/politically-linked counters having their day. The question is "When". Don't want to jump in yet though. Will have to watch these counters for indications. If they rebound and rally, and if one has their CWs, 100% and above profits are more than possible.

Posted by necro > 2013-02-04 16:56 | Report Abuse

Nak jump roger2 la abang mat...

Posted by Mat Cendana > 2013-02-04 17:04 | Report Abuse

Okay, will do... at your own risk. I'm looking at CN and wondering if it might be a good punt. Ex. price of 1.60 looks more than achievable because that was the low end of its previous `normal' range of 1.60-1.75 in 2012. Reach that and the 0.02 now should easily be 0.05. Expiry at the end of May is also reasonable. CO and CP may be better with their longer expiry dates. But the market maker doesn't look serious about selling CP though.

Posted by Mat Cendana > 2013-02-04 17:46 | Report Abuse

Heavy selling towards the end of the trading session. No one knows what the support is. Technically it is now grossly oversold so there might be a mild technical rebound in the near future. Traders wouldn't dare to buy with the counter behaving like this. Have to see who the sellers are - is it EPF?

Posted by necro > 2013-02-04 17:56 | Report Abuse

Tapi yang pasti sok hijau bang mat..

Posted by berid > 2013-02-04 18:16 | Report Abuse

not EPF... surely TH continue to sell inline with recent disposed..

Posted by berid > 2013-02-04 18:19 | Report Abuse

anyway, TQ MC.. i guess its my lucky trade.. now looking for PCHEM.. good closed today.. pushed up and volume.. if index continues uptrend, then pchem can go more higher despite news in the market saying sell down..

i think could be green for tomorrow, however, how strong the rebound still unknown.. might green in the morning, and red in the evening..

Posted by Kl Vin > 2013-02-04 19:17 | Report Abuse

DOW JONE 14000 POINT !! IS TIME TO CORRECTION !!!!!!!!!!
ONCE DOW JONE DROP TO 13000 !! I BELIEVE KLCI SURE WILL EFFECTED EVEN AFTER GE !!!

Posted by Mat Cendana > 2013-02-04 20:27 | Report Abuse

PChem-CO: I hesitated last Thursday when 1,000 lots were offered at 0.02. The mother looks promising today. If the rebound continues tomorrow, that other guy who snapped them up (was it you??) will possibly be able to sell at 0.04 and make 100% profit.

Posted by Mat Cendana > 2013-02-04 20:41 | Report Abuse

@necro, Despite the slide and not knowing where the bottom is, I think I'm going to jump the gun with MRCB-CN and enter a "Good To Date" of 0.015. At this price level, a half sen move either way might be difficult considering the percentage involved. If the mother were to rebound before I get it at that price, I'll probably give in to the seller's 0.02. I'm also going to enter a GTD for TM-CU at 0.035. This one has a long expiry date so there's the luxury of waiting. As with MRCB, should TM rebound, I'll rush in at 0.04. But these will be cautious buying i.e. not too many lots.

Posted by alenac > 2013-02-04 21:21 | Report Abuse

Mrcb will only recover when BN wins. It's a pure crony company. My opinion is no amount of contracts gained will help price recovery. Only politic confidence will lift it up.

Posted by Hustle > 2013-02-04 23:27 | Report Abuse

How much will it go if PKR win?

Posted by berid > 2013-02-05 00:15 | Report Abuse

MC= did not snatched CO, instead went for CQ at 0.12.. new CW listed.. If continue rally, RM6.40(resistance) could see price to go to ~0.15 or higher.. will gain about ~3cent.. will cut loss if continue downfall even though long lives.. safety first.. =)

for MRCB, i think it will try lower support at 1.33 (May 10)..
then could initiate a rebound.. hope for a open lower (1.33) and close higher and create sentiment change with bullish engulfing.. or perhaps a harami..

*just hope n imagination..=P

Posted by Mat Cendana > 2013-02-05 09:48 | Report Abuse

Wasn't aware of the new PChem CW. In fact I wasn't even following CP on my trading screen's folder. Have now added these. It would be a good strategy to have it since the mother is followed by many fund managers. We the small fish should try hitch a ride through the CWs and profit when these big fellows come in.

Posted by BC475654 > 2013-02-05 11:29 | Report Abuse

down 5 sen to 1.30.cheap,can buy n keep

Posted by Alfred Aun > 2013-02-05 14:43 | Report Abuse

If GE13 is coming, i am afraid the price will go down lower. (my personal opnion only.)

Posted by Mat Cendana > 2013-02-05 19:24 | Report Abuse

Going lower still. Might be foolhardy but I'm in with the CN at 0.015. If there's a rebound, there will be a 100% profit. If the slide continues, and when time starts to run out, will have to take a 50% loss. Risky, but that's how it goes with a high leverage CW.

Posted by messibarca > 2013-02-06 09:25 | Report Abuse

y this syed moktar stock keep dropping?

Posted by maxtbp86 > 2013-02-06 11:09 | Report Abuse

YALO. MY AVERAGE PRICE RM2.10

Posted by Mat Cendana > 2013-02-06 11:18 | Report Abuse

This will be very risky but I'm going for broke with the CN. Adding more at 0.01 and betting something positive will happen before its expiry at the end of May. If that doesn't happen, well... The possible loss in percentage terms will be big but money-wise it won't wipe me out. Never put in capital that you can't afford to lose. Have to manage the risks and capital properly when it comes to CWs.

Posted by berid > 2013-02-06 14:40 | Report Abuse

MC, bold move i would say.. anyway, i also hope for something positive, however, at the moment, none.. hahaha..
all the best then.. price of CN very tempting.?
this counter possible to go lower RM1 again i think as what happened in the past.

Posted by CH85 > 2013-02-06 15:38 | Report Abuse

have to cut lost.. no choice

Posted by pyramidpoh > 2013-02-07 05:05 | Report Abuse

downtrend cut loss is possible to stop bleeding.

Posted by aminmonir > 2013-02-08 14:40 | Report Abuse

why suspended ? any news ?

Posted by bryan_su > 2013-02-08 14:42 | Report Abuse

privatisation!!!

Posted by Kl Vin > 2013-02-08 14:42 | Report Abuse

Impossible la !!

Posted by eddyng3300 > 2013-02-08 14:46 | Report Abuse

Announcement!!!

Posted by berid > 2013-02-08 14:51 | Report Abuse

all the best to everyone.. hopefully CW will you big2 angpow this time.. if the news to be true, an exchange of 1bil valued landbank with 20% of mrcb share.. lets wait n see the official news later..

Posted by ledzepp > 2013-02-08 14:55 | Report Abuse

Is it the RRIM land?

Posted by Kl Vin > 2013-02-08 14:55 | Report Abuse

FAIR VALUE AT RM2 ??

Posted by Lai Mun Hong > 2013-02-08 14:59 | Report Abuse

until when ?

Posted by eddyng3300 > 2013-02-08 15:01 | Report Abuse

After CNY, opening day. Lets see!!!

Posted by Lai Mun Hong > 2013-02-08 15:04 | Report Abuse

price adjustment ?

Posted by Js TOng > 2013-02-08 15:07 | Report Abuse

damn should bought more during 52 weeks low. Missed it yday! :(

Posted by berid > 2013-02-08 15:13 | Report Abuse

this morning add more CW..
not sure RRIM or not, but belongs to gapurna.. an exchange of 20% to gapurna.. if directly calculate and xchange..
with 20% share equal to 1bil.. price is RM3.60..
RM3.60/unit for 20% = equal to RM bil..
this is direct calculation and sound stupid. too good to be true..
just wait n see what is the content of the news later..
anyway, nothing is impossible provided this is Gov link counter..
tabung haji acquired for long time already.. announced 8% of return..
althought might not related..

Posted by alexisvics > 2013-02-08 15:13 | Report Abuse

Ini kalilah........... :)

Posted by Kl Vin > 2013-02-08 15:13 | Report Abuse

berid ~ so what you think FV for MRCB ??

Posted by berid > 2013-02-08 15:16 | Report Abuse

might be a strategy to withdraw gov n tabung haji money..
Kl Vin= Oops, sorry, i dont know mrcb FV.. not FA guy.. =) still learning FA though..

Posted by sephiroth > 2013-02-08 15:17 | Report Abuse

suspended. What material announcement???

Posted by BullBear > 2013-02-08 15:19 | Report Abuse

After months of negotiations, the Gapurna group has firmed up its entry into Malaysia Resources Corp Bhd (MRCB) in a deal expected to be announced today.

Sources say the mechanics of the deal negotiated between both sides since the middle of last year is very much intact. Nusa Gapurna Sdn Bhd, which has 60 acres of prime land worth RM1bn, will injected into MRCB in return for shares.

The Gapurna group will end up with 20% of the enlarged MRCB while Employee Provident Fund will continue to hold about 40% in the construction outfit cum property developer.

Posted by shahfar8 > 2013-02-08 15:21 | Report Abuse

The Company intends to propose a corporate exercise involving a very substantial transaction, as defined under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”).

In view of this development, the Company had on 8 February 2013 requested for the suspension in the trading of its securities from 2.30 p.m. on 8 February 2013 to 5.00 p.m. on 8 February 2013. The request for suspension is made under Paragraph 3.1(a) of Practice Note 2 of the Listing Requirements on Requests for Suspension.

Posted by Kl Vin > 2013-02-08 15:22 | Report Abuse

NOT TAKE OVER ??!!
Cheh....