Seller and Buyer are not the same. It is a deal done on willing buying and willing selling.
This deal is executed through Bursa to be a valid and legal transaction. The main purpose of this Married deal is to buy or sell at a discount to the market price.
Is this same as direct deal? Noticed that direct deal could be done at lower or higher price. Willing buyer, willing seller. Same for married deal, willing buyer, willing seller.
The final 15min is open to abuse by price & index setter. We have seen KLCI -ve most part of the day to show a gain at the end of day.
There is no crime committed. Just that people work around the rules. Probably, bursa should relook at the algorithm of determining the pricing for the final 15min.
but, Mr Ooi ..do u notice that the trading screen got crazy yesterday ,stock name and price keeps changing (with others stocks' price)...i think for few minutes...or is it just me? and my online order was only approved after 9.40 am yesterday...don't know if this only happened in my rhb online trading
Dear Mr Ooi, From KCLoh link above, I think it cannot be a "married deal" as a "married deal" is supposed to be Off market, and somemore must be made with public disclosure. (Announcement?) Since "married deal" is an Off market deal, it not supposed to cause share price to rise/drop drastically right? But now the share price has dropped. I still don't understand why they not do Off market.. To me it seems like.. an arranged market deal within these big players. If not mistaken, this has happened before. Please enlighten me, Mr Ooi. Thanks in advance.
Yes no free lunch. If the fund manager did this. They awould hv probably voilated their prof ethic. They should hv max thier client return. Even they wan to sell they may sell at higher price. And i would c bursa will further investigate and restated under system error.
why the fund manager sold few counters at limit down and bought 2 counters at limit up, we all can only guess and guess
this is the work of fund managers for reasons only known to them
my guesses, may sound silly
1. all counters limit ups and downs done by same fund manager
2. selling few counters limit down to fund purchase of JCY and Star at limit up
3. related parties to the fund manager are selling JCY and Star, to cash out using other fund accounts to absorb (this is always done by pnnb to pay dividend and year end closing)
4. the fund manager is making good profit this year, so a little of charity work is fine
Looked like this is done with full blessing of the Bursa. On the surface, Bursa protects the investors. In actual fact, they are more like guardience of the sharks.
Sure will go down! 5:1 bonus share given on 25/6! That's also another reason profit taking before share bonus. I'm going to wait for 25/6. See got opportunity to buy lower and keep
i'll park my buy order at RM 2.03 limit down... u never know that it will limit down again after even that 2.03 price... foreigners have left some of their marks...still . if i get my price of RM 2.03 on monday...may be i'll be poorer when it limit down again on tuesday , at RM 1.43 ... gila...the safest may be under RM 1...and tdm will be priced around 20 cents, suits its par value hehe after split...it'll will become a penny stocks within couple of weeks
jangan marah if i want to buy it cheap... i'm hoping the sharks will strike twice...that way, more profit ... and i'll park at 2.03 nevermind others will get it by parking at higher price... i will still get it if the screen still shows the 'real transacted price' by the sharks and not the 'leading price'... tak dapat pun takpa... dapat kalu ...hehe
Juniorsia, first of all, congratulation for you to be able to catch some dropping durian. DON sell it. TDM is a very good counter. Keep it at least few more weeks after the split..
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Posted by anbz > 2013-06-22 11:53 | Report Abuse
mr Ooi...what is married deal... do u mean the seller and buyer are same persons?