Hi Dell888, nobody here want any spat. It is purely waste of precious time. But healthy argument is good among us because we have interest. We want our investment to be safe. The skunk has no interest at all and always posting rubbish to disturb or confuse the newbies.
Lets look at today's closing price. If up then we know that the price is artificially press down to flush seller so that they can push through 0.3 easily.
Posted by MyViewbastard > Feb 22, 2016 03:14 PM | Report Abuse
I just heard from my remiser that Maybank investment bank and rhb bank and 2 other banks are having a credit alert on the shares of VIVOCOM.They bank analyst valued Vivocom shares at only 8CTS. While this is still a rumour..once this action is implemented..margin and contra players will suffer as said by MyView earlier.. Myview knows what is happening but not telling. Be forwarned that this share will crash to 10cts or below once investment bank put a cap to the trading of Vivocom. So far i have advised to sell since 30 cts bcos i have close contacts with people in maybank
Just to add to what the user above has just commented
Vivocom is presently an ACE Market counter, any brokers who are keen to finance this counter will impose a lower price cap (i.e. < RM0.20 given its substantial share price gain over the past months and perceived higher risk being an ACE Market stock. If a credit alert happens, will see the owners substantially reducing shares from its personal shareholdings which will be captured in the announcements. From the latest annual report, some of the owners shares (not all) is being financed by margin account (i.e. RHB) even when the price was < RM0.15. As the share price traded below RM0.10 earlier, the capping of the stock is already at RM0.08 has been set earlier. Therefore, any revision in credit policy is not going to affect the stock price substantially not unless if the brokers insist of getting out which is unlikely at this juncture. In addition, only a small percentage (< 10%) of the shares are held by the brokers in the margin account based on the reported shareholdings in August 2015.
Having said that, you must avoid buying the shares in credit (either margin of contra play) as if a real change in policy can have a serious impact on the stock price. I remember there was once when brokers only insisted on cash trades when the market was chasing after IFCA and the stock exhibit high volatility)
Happy Trading
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
bjgdila123
3,470 posts
Posted by bjgdila123 > 2015-12-03 14:13 | Report Abuse
buy buy after brake