Btw Pat sifu, your no 3 possibility option is very interesting.......Abu must himself also create a hype prior......so that he does not have to do all the work himself ......if we see that my take is don't wait....throw when hit desired target
Stochastic (1 year) is used to indicate the overall movement.. For example, how I used my gut feeling on KLCI, Stochastic was showing >20% and there was no rebound sign. I used fundamental factors ie: UMNO GA, EPF spendings, GE and etc..
For SGB's case, Stochastic is breaking the 20% signal. Together with all the Hoo Haa going on, again confirms Stochastic's signal for a Bull.. :)
Wah how come don't need to sleep.....sifu here very dedicated to conclude result....but in all honesty 1 to 2 bull run a year only....this maybe it...a rally to end 2012....
tmr all the scomi outfits report annouce their quarter results. Based on past thrends, new wins are annouce, my educated guess is marine will indicate some wins in Indon and Myanmar
Hakim Shah bought big sum of warrants few days ago, and the warrant maturity date is today. So if he converts into mother shares, then he will be majority share holder and resultant, IJM will joint Scomi.
If he decides otherwise, then the news will confirmed, shares might go up or down depending other shareholders' sentiment.
you can only buy that sort of volume in open market if institutional retailers are selling. other than than, its either shah not too clever as mentioned before or he may be buying ordinary shares thru proxy only. going through SC after securing institutional retailers' agreement to sell can be cumbersome. if you check properly, Siew & abu bought a lot through few nominees accounts. lately the volume is not that sort of level (in the tens of thousands previously) and also i believe Shah keeping his moves til the last minute out of the fact Abu's links are definitely strong to be able to get institutional retailers to sell to him and Siew. i would be careful who i am asking from too! warrants allows him away from those headache!
that IJM is likely to exit is worth mentioning. there are serious ramification because Shah/current management is seen not keeping to his part of the bargain. not surprising then Shah is buying warrants as one of the reasons despite the strike price being 40 sens. bottom line is, simple majority is needed!
they will get from market until it become scarce, then only they will convert the WA, must be above 0.40 in my opinion, or the mother share go above their allocated budget
The discussion is more on two group of TIGES’s fighting and the status of the New Contract...... Just wondering, can all of us are being fooled?
If I’m not wrong, this company is somehow very close to those politicians. Due to the election is coming; those politicians may try to raise their fund from this counter! All the positive news can be the tactic to move the price?
Sorry for bringing up the negative though. Just for though only. In fact, I am still holding Scomi with all my funds. Few thousand of value only because I have lost 50% of my total capital on LA and WA earlier(due to my immature mindset) ... :(
no, that's good thought maan. I did thought so too if we are all caught in the excitement! but looking at the records of the projects expected to come and also work in progress expected to be completed (from what IJM said "turnaround"), i think the fight is real. Scomi is Pak Lah's days and Abu is definitely Mahathir's! the delay in issuing results of the MOF is also fueling the speculation of the fight!
but rest assured. If simple majority is achieved, your holding to Scomi is liken to be sitting on a pile of gold! 50-sens is already assured!
I got a question I would like to ask, if Abu wins, and since Abu is Mahathir's man, and Mahathir being an advisor of Petronas... wouldn't you think the MOF deal would only awarded to SCOMI under that pretext?
I believe Mahathir has openly mentioned that he awarded some projects to SKPetrol because his son was in there, no? What's gonna stop him from saying he will advise (more like instruct) Petronas to only give it to SCOMI for the same reasons??
but you need to understand the consequences to international investment community! you holding back, just because your blue eye boy doesn't win? i know Mahathir may not care, but it seems Najib does! and also what happens to the current ongoing projects in Brazil & India, among others?
this is just an opinion. Although Al-bukhari may have a stake thru a long line of indirect holdings, i assume its on a nominal basis. He is there to collect "gaji buta" for the powers to be as a proxy! Hardly thinks Syed Mokhtar interfered with operations of IJM or else an anti-trust matter will raise since both are in similar industry where MMC is concerned, leaving the investment community question moral and legality again! remember foreign investors vote with their feet! thats why its hardly noticable of Syed Mokhtar mentioned in same breath with IJM.
same with datukship awarded by state rulers! you will be called when sultan's birthday coming for "presents". But no interference with the nature of your work! :)
everybody makan somewhere. How big, nobody know except the one receiving it! with Abu, i see big Tai Thong makan for Mahathir. if Krishnan or Shah, i see makan at drunken cat restaurant in Jalan Peel! at the end, those in power will always makan! cardinal rule!
I think it is alredi a no hold barred.......no more hiding behind fairness, no more hiding behind justice for all and no more hiding behind principal........
No reason to hide anymore as the GE is life and death anyway.....if don't do now no chance alredi
tommylou, that's why its always a possibility that MOF postponed because M's people wants to renegotiate (possibility of losing court case as well as dont want to piss off IJM coffer) and Abu selling! :)
banyak turbulence and air pockers ahead! better sell as much arms as you can and ciao ASAP! LOL
Who cares what we think anymore......becoz even if they did great, the rumors that went around would have stated otherwise anyway......at the end, has any of the cases w Rgds to him really been investigated......No
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Posted by pathew > 2012-11-29 17:25 | Report Abuse
Lol when do u tjink the impending disaster will strike? Maybe i should buy toto see who is luckier.... Meteorite or me!