And judging by the track record, there will also be a 15% sell-down by the shorties and insiders just prior to the ex-date of the current dividend. That's why the investors are cautious. No point having 40% profit payout, blah blah blah..! All this will just be a lot of bull to investors if the wolves are allowed to raid with the help of insiders!
hng33. Just check the graphs for KSL if you doubt my data - 4 sell-downs of 15% OR thereabouts (I have given the details in my earlier post today) in seven months ending 3/3/2015! Thanks but no thanks for the recommendation. I am already invested in KSL. It's just that time is wasted and the feeling of injustice every time I see my target price and investment objectives(based on my meticulous evaluation of KSL), thwarted unnecessarily by the wolves. KSL should have been a stable stock, especially after they came up with a sound dividend policy. But because of the wolves, the stock is not seen as stable. Crestbuilder should be even even more unstable in that it is owned and controlled by one man who can do a fast one like that old man in OSKProp!
hng33, how can one prepare for the raid of the wolves? Only way is to cut loss by selling with them - which is exactly what they want. Another way is to sell earlier to avoid the wolves. But that means not meeting the target price and it defeats the whole purpose of value investing. BTW KSL's price has still not recovered its previous high of 2.48 reached on 23/9/2014 due to the unscrupulous sell-downs. As the stock price is a measure of investors' confidence in the stock, this means that investors' confidence in KSL have not yet fully recovered. The perception of weakness in the property sector has been around for nearly a year and cannot justify the sell-downs of a solid stock like KSL, unless there was manipulation. KSL's costs and margins are very competitive and after the hiccups of February 2014, profits were consistent and stable and a very good dividend policy put in place. There should be no drastic sell-downs of 15% or more and 4 times in 7 months. Even a loss making property stock like MPCorp had suffered only 3 EXPECTED sell-downs in 5 months. And KSL have 4 in seven months. And MPCorp is nowhere comparable with KSL. Anyway one looks at it, there is something ROTTEN in the house of KSL and KLSE's regulators!!
agreed ,those bad guys must be jailed !! who lend the shares to them? directors? hen the directors got to be punished too. I still believe one very day it will rocket up to 2.5, may be by end 2015
If it's the share-broker firms' in-house traders (call proprietary traders) the share-broker firms allow them to short the stock at least for the day. This way they do not even need to borrow shares.
so, we can only wait and put longer term of value investing? aiyo.. sien as this month is bullish, how come this counter being controlled just because of div and drp?
when i check the chart, it becomes not good, then those traders will avoid such counter, then we stuck here for longer time, those cant tahan, sell down to cut loss.. then we had to wait somemore.
The price is being pressed down at the moment for the sake of collecting the dividend. KSL's management is allowing its stock price to be trashed for some suspicious reasons. Use a different strategy to trade this stock.
haha.. when KLSE bullish like this, KSL really kena bully. not making any sense! if the fundamental really good, it should already bull up.... this is the impact of DRP.. they keep the money and rest.. but for fundamentalist.. can wait lor... but this not reflecting KSL if you see last year performance.
It's the sell-downs: unjustified and unexpected 4 times 15% sell downs in the last 8 months as compared with justified 3 times expected sell-downs for loss-making MPCorp with land bank also Iskandar region, Johore. Investors are cautious. Suspects are KLSE wolves and/or KSL's insiders since the stock price was not well-defended!
If KSL announce an adequate share buy-back policy, then the price will move towards its TP. The stock had been ravaged too long and too often with KSL's neglect and/or insiders' connivance. Without KSL's buy-back policy, the share will be hard put to move even half-way to its TP. The bought-back shares can then be re-distributed to shareholders through its shares-for- dividend policy. It doesn't take a lot to stem the tactics of the wolves if led by KSL's management. But if it's KSL's insiders involving its management, then all bets are off!
If there is a sell-down, don't sell. KSL is a good stock. It's not only a low-cost developer with good margins, it is also owns shopping malls and hotel with high recurring income. The price will recover.
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....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2015-04-17 17:22 | Report Abuse
And judging by the track record, there will also be a 15% sell-down by the shorties and insiders just prior to the ex-date of the current dividend. That's why the investors are cautious. No point having 40% profit payout, blah blah blah..! All this will just be a lot of bull to investors if the wolves are allowed to raid with the help of insiders!