Morning bro Icon888, really unexpected, little black swan . hope high oil price can boost KLCI sentiment. but dont rise too much , worry air asia affected. (^^)
the TheContrarian can teach me : in what situation can a counter after a bad qr came out then the very next day open low because people sell but very weird it end up close higer than previous day ? ( open low but close high the price )
TheContrarian, thanks TheContrarian TheContrarian I thought you are a full time investors because you seem very good skills in market thanks for teaching me all the way appreciate
if din up, i plan to keep for dividend already. still better than fd. i read about daiwa bank japan would like to buy a minority stake in Affin. anyone know the progress?
I think Affin is proposing to sell between15% to 20% of Affin Hwang Investment Bank to Daiwa Securities of Japan and is awaiting approval from Bank Negara.
Always keep some cash aside to take advantage of a share market collapse which is temporary but could last two years. The share market will always recover and scale new high. But avoid loss making counters which might end up delisted. If you buy profit making counters you are investing in an on going profitable business and any drop in share price is never permanent like in Affin. A drop in share price is a buying opportunity. So you must have ready cash to seize this buying opportunity.
Congrats for the rebound. Now that you bought the stock, I suggest you shut the screen and go get busy with something else. Watch out for that message from the bank that says dividends have been deposited. Twice a month come check what's going on with the price, but then leave. Affin has started a long term steady climb back to above 3. Just forget you have it for a year or so.
TheContrarian thanks for sharing noted 06/10/2016 19:01
TheContrarian do you mind I ask you about base on your experince and view Parkson keep making loss few qr already , do you feel Parkson will end up delisted ? just your view of point , because I hold Parkson above one rinnngit since last year ?
KUALA LUMPUR: Bank Negara Malaysia (BNM) has approved Daiwa Securities Group Inc’s plan to acquire a minority stake in Affin Hwang Investment Bank Bhd.
In a filing with Bursa Malaysia on Tuesday, Affin said the approval, however, was subject to finalisation of the shareholders agreement and related documentations to effect the proposal in accordance with the approval.
“Another condition was Affin Hwang Investment Bank must obtain the necessary approvals from other regulatory authorities, including the Securities Commission, with regard to the proposed change in shareholder,” it said.
Affin said it and Daiwa Securities would review and deliberate on the terms and conditions of BNM’s approval towards the finalisation of the proposal.
“We will make further announcements on any subsequent development soon,” it said. - Bernama
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....
Ricky Kiat
1,356 posts
Posted by Ricky Kiat > 2016-09-29 06:14 | Report Abuse
Morning bro Icon888,
really unexpected, little black swan . hope high oil price can boost KLCI sentiment. but dont rise too much , worry air asia affected. (^^)