Posted by Namoyaki Takarajima > 2012-08-29 09:43 | Report Abuse

richguy! angeed on MPAY, not sure abt IFCA.

Posted by richman > 2012-08-29 09:43 | Report Abuse

FLONIC-W

Posted by richman > 2012-08-29 09:44 | Report Abuse

TGT FOR MPAY-W TODAY 5.5CTS

Posted by richman > 2012-08-29 09:47 | Report Abuse

mpay-w 4.5cts going anytime

Posted by richman > 2012-08-29 09:57 | Report Abuse

mpay-w buy and hold can get higher gain maybe 7 cts within 2 weeks.my 2 cts views only

Posted by Mat Cendana > 2012-08-29 10:07 | Report Abuse

Got my TP for IFCA-WA, thanks to richman's comment some weeks ago. It's not exciting but the number one goal is to make some money:-) Am considering mpay-w now.

Posted by pirate99 > 2012-08-29 10:10 | Report Abuse

Mat C congrats... Mpay-w ? Worth trying?

Posted by richman > 2012-08-29 10:12 | Report Abuse

mat mpay got big potential i view this better than ifca.congrat for having made $$$$.I am happy for you

Posted by pirate99 > 2012-08-29 10:15 | Report Abuse

Thanks richman for sharing good warrants with us..

Posted by Ching Yin Carrot Loh > 2012-08-29 10:16 | Report Abuse

thanks for sharing,will have a look in mpay wa

Posted by pirate99 > 2012-08-29 10:19 | Report Abuse

Miss lobak Oso play warrant eh.. ;)

Posted by Ching Yin Carrot Loh > 2012-08-29 10:21 | Report Abuse

pirate,i never play before,feel like want to learn something,hahahaha
any warrant u interest?=)

Posted by pirate99 > 2012-08-29 10:24 | Report Abuse

Mpay-wa.. Try to q at 0.04... Hard to get...

Still holding wct-wb and Thh-wa...

U still holds Knm and scomi kan?

Posted by richman > 2012-08-29 10:25 | Report Abuse

mpay-w i think they are waiting for those contra players to sell them at 4.5cts.sellers slowly coming out to get slaughtered.to get 4 cts tough

Posted by pirate99 > 2012-08-29 10:30 | Report Abuse

Yes richman very tough call to get @0.04

But still fair price if get in @ 0.045... Still eyeing closely..

Posted by Ching Yin Carrot Loh > 2012-08-29 10:31 | Report Abuse

pirate,not only that two,all road block,everyday cloudy day in my life now,lol,so sad
thanks a lot richman=)

Posted by richman > 2012-08-29 10:33 | Report Abuse

I know their game plan waiting like scavengers to scoop up at 4.5cts and then sell higher.that is why they stop buying 13cts the mum for awhile

Posted by pirate99 > 2012-08-29 10:35 | Report Abuse

Same with my wct wb la.. Anyway best of luck to us...

Posted by Ching Yin Carrot Loh > 2012-08-29 10:37 | Report Abuse

good luck to u all=)

Posted by richman > 2012-08-29 10:40 | Report Abuse

asiaep-wb at 1 cts is worth it.can run 1.5cts or best 2 cts.hv accumulated a lot at 1 cts waiting to let go at 1.5cts

Posted by richman > 2012-08-29 10:42 | Report Abuse

started buying the mum at 13cts it may be too late for many here if u just wait i hv done this b4 and regret.buy in slowly....

Posted by pirate99 > 2012-08-29 10:52 | Report Abuse

Richman what say u about silver bird?

Posted by richman > 2012-08-29 10:58 | Report Abuse

avoid for now too much debts and too many creditors chasing for $$

Posted by pirate99 > 2012-08-29 11:01 | Report Abuse

Ok Tq..

Posted by richman > 2012-08-29 11:20 | Report Abuse

slowly buying the mum at 13 cts as for the wrts now forceselling time

Posted by ironad > 2012-08-29 11:30 | Report Abuse

Richman, FLONIC-W at what price you recommend to buy?

Posted by richman > 2012-08-29 11:31 | Report Abuse

4-4.5cts

Posted by ironad > 2012-08-29 11:34 | Report Abuse

Thanks Richman...

Posted by Mat Cendana > 2012-08-29 11:37 | Report Abuse

Am also thinking about DBE and its warrant. Since the mother is only 3 sen more, why not this one instead of the warrant? For one thing, there won't be any premium to pay. Plus no expiration date, which means I can wait 100 years for it to go to RM7.00:-)

Posted by richman > 2012-08-29 11:39 | Report Abuse

mpay looks like engine warming up and revving

Posted by richman > 2012-08-29 11:40 | Report Abuse

jump in when 4.5cts goes.

Posted by ironad > 2012-08-29 11:42 | Report Abuse

Do you mean buy at 4.5cents?

Posted by richman > 2012-08-29 11:44 | Report Abuse

yup 4 cts very susah lah

Posted by Mat Cendana > 2012-08-29 11:59 | Report Abuse

Silver Bird - What richman says must be considered. However, I'm going to make a high risk calculated investment with it. But please don't follow me if you aren't prepared to (1) wait (2) face the real possibility of losing all of most of your capital.

I have allocated 10% of my capital for this category of counters - the very high risk. But not all 10% are in just one counter though. Due to its nature, the *potential* for profits MUST be at least 50%. Although it looks foolhardy (and I know time might prove *it is*), with Silver Bird I'm betting on this factor: its restructuring. It was recently granted 60 (or is it 90?) days by the High Court to go about this without being harassed too much by its MANY creditors. I know for a fact that the management is busily undertaking this since a few months ago.

Here is thinking and the calculated risk: at 0.08 sen now, what's the worst that could happen? Answer: It gets suspended, delisted and winded up. If all three happens, then my 8 sen is `hangus'.

But what if the restructuring plan is viable and approved by the High Court and market authorities? Will it not go (much?) higher than 8 sen? DEFINITELY. How much higher? I don't know because we'll have to get to that stage first. Only after the restructure, and with a better future than now (not too difficult, because it is now at rock bottom) would the management consider any bids for it.

The second-worse case scenario is this: SB is forced to be sold in a fire sale. In that case, I'll have to salvage what I can - the 8 sen might turn into 2 sen. But I'm prepared to take the loss because I know what I'm getting into.

Let's use this as a project and see what happens. My immediate timeframe is that something should happen by the end of this year (4 months)... and I'm targeting *at least* a 50% gain. If my calculated risk works, even Bernie Madoff will be jealous:-P Let's see how it goes.

Posted by KC Loh > 2012-08-29 12:00 | Report Abuse

wahh... somebody going into last-puff buffettology i see! hehehe

Posted by richman > 2012-08-29 12:02 | Report Abuse

gd luck tabung haji is still in;i do not think they will let it go

Posted by richman > 2012-08-29 12:07 | Report Abuse

mpay theybuying big now 13 cts

Posted by pirate99 > 2012-08-29 12:08 | Report Abuse

Mat C, kudos for the great overview... I'll consider this counter still got potential and risky too... If I go in maybe for few lots la.. Say 20... Good luck to us ya!

Posted by KC Loh > 2012-08-29 12:10 | Report Abuse

in fact, you all should be happy vincent is out of silver bird. That crook will distort the cashflow! start clean after court case! :)

Posted by richman > 2012-08-29 12:11 | Report Abuse

silver will turn gold be positive when u buy

Posted by Jackpot > 2012-08-29 12:15 | Report Abuse

i agreed silver be the price of gold in future provided they landed into the correct hand. The chance is always even!

Posted by Mat Cendana > 2012-08-29 12:17 | Report Abuse

Ching Yin Carrot Loh - Don't think too much about the dark clouds and roadblocks. It's something that happens/will happen to all of us when we enter the stockmarket. In these situations, try to be objective and see what our `mistakes' or the factors beyond our control are (same with when we made gains - must analyse on how and why we succeeded and try to replicate it).

As always, have patience. Often, this turns losing trades into winning ones - the "time factor". I learn this from my father, who has been in the market since the 70's...and still around when many others have long quitted. I've thought about it and his most crucial strength is his ability to sit and wait. And wait some more, sometimes for years! The magic of time would rescue most of his previously losing counters, with some of them giving high proit margins (this is one person who won't take a mere 10% profit.. unlike me Heheh!)

Posted by Mat Cendana > 2012-08-29 12:22 | Report Abuse

Guys, take note that I'm NOT recommending Silver Bird. Definitely not. Especially if one is relatively new in the market. Don't want his experience to turn sour with these high risks investments - no, it's "speculating", but certainly not gambling and lamenting "This is all because I listened to that nut Mat Cendana and his crazy strategies!":-) But I know some people can see my logic, although they might not be confident the speculating will turn out this way.

Posted by pirate99 > 2012-08-29 12:23 | Report Abuse

Suddenly as we talk here silver buying q increased... What a surprise...

Posted by Ching Yin Carrot Loh > 2012-08-29 12:23 | Report Abuse

MC,i totally agree with what u said, thumbs up!

Posted by pirate99 > 2012-08-29 12:28 | Report Abuse

Mat, thanks for the soft reminder... No worries as I think all traders are aware of the risk in klse world and will do a double blind study on every counter that may reel in their interest before placing their hard earn money... :)

Posted by Mat Cendana > 2012-08-29 12:31 | Report Abuse

SB - a par 50 sen company, but at its current price, it has now turned into something like a warrant:-)

Posted by tonylim > 2012-08-29 12:33 | Report Abuse

Mat, sorry to chip in. Thanks for the writeup of silver ..... bird.
Make my night reading exciting.
No need to issue statements warning readers to be careful and bla bla.
Dont waste your time typing the usual statements

Posted by pirate99 > 2012-08-29 13:07 | Report Abuse

Sir tony... No offense... But no harm reminding all investors about the risk they may faced at later stage... Some passerby might think its a buy call and jump in the boat without strong basis.. Just my 2cents...

Posted by Mat Cendana > 2012-08-29 13:51 | Report Abuse

tony - pirate99 is right and hence my caution. There are people who feel overwhelmed by the market. So many counters; some not going anywhere, some losing, and some with that exiting trait which all of us want - going up and up all the time. "So which one will be the next one to give that thrill?"

Nothing wrong with looking for ideas and answers because that's what we all do. Including me, of course (in fact, the comments here influence my decisions more that those by the investment banks). BUT these comments and theories should be accepted and used only as a part of the individual's selections and decisions. Unfortunately, some might see them as "tips", which they are not. At least not with any of my comments. These are just mere opinions and speculations.

This isn't being modest or humble, but the truth - I have been wrong so many times before (but I've been right too...just like most people). What I'm concerned about is that sometimes my comments sound exuberant and confident and those who are new might be led into thinking these are also "correct". That's why we have to keep reminding the people here to be cautious and not be too influenced by the comments here; not just by me but others too.