i bought ksl 2.17...lol... i believe ksl will up back... jz time only... if not up back, still have dividend .. i keep convert to take their share as many as i can. then up back then only can make profit.
kenneth89. Don't sell. Hold. KSL's share price is very abnormal. Shares that have generous dividends declared plus bonus shares usually rise in price. E.g. Homeriz. Especially shares with very undervalued assets like KSL. That it suffered not one but two massive sell-downs in Dec 2014 and another in Feb this year and currently with the price depressed despite KSL's management having authority for share buy-back and despite the fact that it is to the advantage of KSL's share for cash-dividend policy, are clear signs of price manipulation, very likely with the connivance of KSL's insiders. The current down-turn in the property market cannot explain all of the massive sell-downs and price depreciation. The only explanation is that the share price is being depressed so that the wolves can collect!
i3i2i1. Just read my nick: when upside is down, buy. likely even more suffering if sell now and realise losses on a share like KSL. I am sure the big boys are not selling but accumulating. That's why they allow the wolves to depress the price! Even if KSL's next quarter results are below expectation (happened before) hold. The underlying assets of KSL are still there and will assert its value once the wolves or the property market turns up. Even if you need to hold for 6 months to a year, hold!
i3i2i1, this darling will shine again when sentiment improves......now that it is committed to distributing dividend, can hold for long term..........don't worry.....be happy....:))
How do you do my dear bro CCH? How's the babies? Hahaha....... I miss our sister spidee and the rest of the ham sup committee so much......:)) Hope to hear from them again soon.......
Sifu stkoay: Were you calling out to us? :)) Hope all HS Committee are doing well. SIfu CCH: its been awhile since we last got any song dedication :) SIfu upsidedown: Always been the pillar of strength and support here :))
Hi sicheh newdesk, so......good.......to hear from you again. How's your papaya farm doing? Miss you so much? Are you profiteering from the current weakness?? Tell us if you find any good buy, ya. Happy bargain hunting.....:))
newdesk! Every time I ate papaya, I am reminded of you. Thanks for your encouragement in the present foggy mist! Where have you been all this while? Now is the time to collect. It is at an all time low despite record profits and undervalued NTA which protect it's margins. I will collect again once I sell my Puncak after the water deals are completed! HaHaHa!
Property counters began downward trend since April 24th 2015 according to the chart. It is now at the lowest since August 27 2013 according to the historical chart. It is now at 1210 pts. If it breaks below 1205, it will be at its lowest point since 30th APRIL 2013!
the downtrend is due to call warrant issued by banks....banks are controlling the price to make the call warrant negative value....but if you long term, dont worries, price will climb up after those call warrant expiry date is near the corner..so if you can wait, just collect cheap stock now..
look at the exercise price of call warrant...rm2...so for 1.68 now, investment bank wouldn't waste money push down anymore, maybe it will just let the price stay at below 1.8 for safety...after Q result released, if the result meet expectation, surely it will fly back to sky because bank also will push higher since their call warrant expire soon, they have to collect more mother share back to prepare for second round of call warrant issuance
bank wont lost in call warrant..surely got some stupid ppl buy call warrant regardless the price... many newbies are just simply buying call warrant thinking to hit jackpot..they might not even know what is that...thought is KSL related counter only
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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....
i3i2i1
4,731 posts
Posted by i3i2i1 > 2015-07-02 15:38 | Report Abuse
today drop some more... cis