just wondering home many become millionaires from stock trading...I am not saying there is none but as a form of investment, I don't think share market is the main answer to one millionaire's dream. As far as MAS is concerned, imho if you dare you could be a millionaire buying at the lowest possible price, put all your money there, but the odds against you would be: i) KLSE current bull run is subject to bear raid big time - in time to come; ii) so many share units in MAS that could result in price to be staying side way - maybe at 0.30 for quite sometime; iii) MAS may go below 0.30 as per some people's prophecies resulting in paper loss for 0.30 buyers, iv) unfavorable fundamentals, etc. Meanhile the positive factors include i) GLC company with more focus objectives ii) Current price chart is at all time lows that could limit downside and could go up if there is certain stimulus, etc.
Yup then later will encounter inflation,then everybody will strike for oil price hike like Indonesia doing now.All oil company will thirst for oil drilling again but is ok for MAS since his brother PETRON will bare the jet fuel cost.So no big deal,we have big paip behind the plane.
Down Jone down 200 points, Hang Seng down 660 points,STI down 80 points, Bursa down 10 points, but MAS up 0.5 sen to 30.5 sen. What is Mas telling us? I am already very cheap, i am low enough, i am not going to stay here very long, very boring already, Pls take me to higher ground. Pls think carefully ada LOGIK tak?
For the last three day, total vol done on MAS has drop to only 35 million, Mr Robert123 already highlighted selling on MAS share has subsided a lot, It means selling not so heavy, probably has dried up. With so many investors and traders clearing the sellers for the past 3 days, I believe the sellers hv confused themselves. They may be reluctant to dispose seeing the price hv stabalised. For those contra players pls continue to buy back yr position on T4, do not give up, be persistent, even if you hv to repeating doing it 5 times or more. The brokerage fee is not that heavy compare with the loss. If you believe 30.5 sen is too low a price for MAS. Also you must be able to take the loss. Everyday there are a lot of contra players or traders roll their position at 12.25 pm, 3.00pm, 4.00pm and 4.30 pm, why are they doing it? I think they hv the same idea MAS should not trade at this price, the mistake they made is probably they hv run out of capital to pick up all those MAS share they hv committed. Here i would like to give my support to this players to continue rolling MAS and wish more supporters come to lift MAS share to higher ground so that every one of us can be happier and less pin pointing each other. A higher MAS share will be benefiting to the investing public. Let see when can this be achieved. Good Luck!
To make 1 sen per share MAS will have to achieved after tax of 167 mills and at PE of 5 as in Airasia will be 1 bill after tax for MAS. correct me if I am wrong.
untung sikit, untung sikit, untung sikit, untung sikit... Satu kalilah, rugi banyak banyak... & most of the time, the quarter losses can't be covered my years of gain O_o
The big Boys who have shorted the MAS share at RM1 are sitting on a big chunk of cash. Don't forget before MAS announced the detail the MAssive right, it was ramp up to 85 sen, and sold down to 75 sen. How much this guys hv pocketed cash fr the poor retailers. Also when the market was good, MAS was trading at 40 to 45 sen, so imagine if you are the big boys who play short of MAS, you would hv tons of cash in hand NOW. IT only need less than 5 million to push fr 30 sen to 40 sen. the big boy hv the facility to do it, they can easily leverage their position. It is a matter of want or don't want or when they feel like doing it only. Don't hv to worry to look for Billion of capital to push MAS share. The moment you push 3 sen up, many people will be jumping in to join you. HA HA
Most of the investors subscribing to the latest rights are hoping the target of 0.50.They are not aware of the giant short sellers sending them to the killing fields.
The big boys who hv short sold at multiple prices are actually selling at a loss, Mas has dip a lot, 40%. For this guy who manage on behalf of khazanah, if they slowly buy back, they will profit 40% already. sell rm1 cover short position 60sen,make 40 sen. Where is this 40 sen come from? The poor retailers who bought it at rm 1 and selling at 30.5 sen or cum price 60.5 sen. How can you sell at current price? Yes you may think the big boy will wait till 10 sen or lower before they buy back, what if the MAs share move up to 40 sen cum price rm1.08, the big boy would hv no profit but loss. So you can see they are also quite scared if someone keep buying MAS at 30.5 sen now
with 5 times more shares in the market, big or small boys also scared lah. The balls for making more out of Mas is shrinking.
If Dow closed down by 300 pts tomorrow, then can MAS sustained its current price? Furthermore as US starts to unwind its QE3, MAS share price will have to content with improve fundamentals towards 2014 and 2015. Right now MAS is a speculative 3 liner share and without fundamentals but people buy in with the hope that the government will support it forever. What if the investor is wrong as the open sky policies may not have space for an inefficient liner. Then another capital reduction exercise will be done in 5 years time or if unsustainable perhaps it will be hive off to an independent buyer after another round of capital reduction.
1 important point Phill Fisher when picking stock is did the employee of the Company give a good service, Did Their happy/satisfied with their job and most important off all did their customer happy with their product/service.
by the Way MAS will be a good stock to invest if the turnaround story be a success, by generating profit within 3 years as management planned, otherwise its only just speculation.
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....
Muarmali
1,186 posts
Posted by Muarmali > 2013-06-20 09:16 | Report Abuse
MAS won't die so fast one lah. Economic Transformation Programme mah...