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Kucing
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« Reply #950 on: February 05, 2010, 03:37:05 PM » |
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The Bursa Malaysia Forum
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« Reply #950 on: February 05, 2010, 03:37:05 PM » |
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Kucing
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« Reply #951 on: February 05, 2010, 03:40:37 PM » |
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Ah Quek has failed to take over Eoncap because this stubborn Ah Rin block him !
With multi-billion of cash cannot be used to take over Eoncap, what should Ah Quek do next ?
Plain and simple :- FRY Msports !!!!!!!!!!!!!!!!
ATTACK >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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uyafr
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« Reply #952 on: February 05, 2010, 03:46:37 PM » |
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Ah Quek has failed to take over Eoncap because this stubborn Ah Rin block him !
With multi-billion of cash cannot be used to take over Eoncap, what should Ah Quek do next ?
Plain and simple :- FRY Msports !!!!!!!!!!!!!!!!
ATTACK >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Can anyone confirm this, I was told that MSPORTS have agreement with China shareholder that they cannot sell for 2 years. If they cannot sell for 2 years, what for they push up the share price ? Share price go up also they cant benefit from it. Maybe that explains why it cant move.
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Kucing
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« Reply #953 on: February 05, 2010, 03:51:09 PM » |
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cosmic23
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« Reply #954 on: February 05, 2010, 03:57:30 PM » |
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i agree with u ............ stocks need to be f888 then only can fatttttt88888888 !!!
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uyafr
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« Reply #955 on: February 05, 2010, 04:02:07 PM » |
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i agree with u ............ stocks need to be f888 then only can fatttttt88888888 !!!
before they goreng that share they must have a reason for it. Ussually it is intiated by the owner... if owner cant benefit from it, what for goreng the counter.
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Kucing
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« Reply #956 on: February 05, 2010, 04:12:46 PM » |
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before they goreng that share they must have a reason for it. Ussually it is intiated by the owner... if owner cant benefit from it, what for goreng the counter.
You seem do not understand how syndicates work ? ? Don't judge everything by its cover !! Owner or the main culprit never show their names in the buy sell transaction !! If you read the case of Repco Low, then you realise how he used 100 over of proxy accounts (including company account set out overseas at some tax-free island or vigin lsland etc) to FRY the stock !! And they also pakat with all the unscrupolous analysts, remisiers to FRY !! And ....HIS name does not even appear in any of this account !! Securities commission need to trace tons of e-mails, sms messages etc in order to trace the evidence !! How sophisticated these syndicates are ! If I have multi-million Cash, I could be FRYING MSPorts any time !!
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grahamsmun
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« Reply #957 on: February 05, 2010, 04:13:15 PM » |
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The general principle for a solid investment, is that stock can stand the test of undervalue without hoping for people to goreng to lift it.
If people were to goreng that stock it is just an added bonus, not that essential. Bcos if the stock can stand the test, it has no way to go but up !
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grahamsmun
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« Reply #959 on: February 05, 2010, 04:16:02 PM » |
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The general principle for a solid investment, is that stock can stand the test of undervalue without hoping for people to goreng to lift it.
If people were to goreng that stock it is just an added bonus, not that essential. Bcos if the stock can stand the test, it has no way to go but up !
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uyafr
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« Reply #960 on: February 05, 2010, 04:17:18 PM » |
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yes it is, there are many other counters in KLSE who are also undervalued with potential to move... and the question is how long are u willing to let your money get stucked in this counter and dont know what they are doing in China. I may have my assocaites visit them once, but how often can we have people visiting them to see that everything is still okay.
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grahamsmun
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« Reply #961 on: February 05, 2010, 04:19:20 PM » |
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Based on accounts, Msports pass all my financial criteria. But only drawback is that, i am sceptical in relying on Msports Accounts, and i am in no position to verify the accuracy of the accounting statement as the business is located in china
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Kucing
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« Reply #962 on: February 05, 2010, 04:20:26 PM » |
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uyafr
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« Reply #963 on: February 05, 2010, 04:22:40 PM » |
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Based on accounts, Msports pass all my financial criteria. But only drawback is that, i am sceptical in relying on Msports Accounts, and i am in no position to verify the accuracy of the accounting statement as the business is located in china
Even local companies also we have trouble trusting the accounting statement. It is important that we can see the operations and also feedbacks from their workers, suppliers and customers.
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uyafr
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« Reply #964 on: February 05, 2010, 04:24:55 PM » |
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what worries me more is that XINQUAN and XDL are kaputing.. fortunately MSPORTS can still hold on well. BUT how long can it hold with such a bad market sentiment.
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grahamsmun
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« Reply #965 on: February 05, 2010, 04:25:58 PM » |
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For me, i have methods of verifying the quality of financial statement for malaysia company, but not for china.
Based on my research china accounting and corporate governance standard is about 15 yrs behind us
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uyafr
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« Reply #966 on: February 05, 2010, 04:27:09 PM » |
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For me, i have methods of verifying the quality of financial statement for malaysia company, but not for china.
Based on my research china accounting and corporate governance standard is about 15 yrs behind us
if you look at the price now, XINQUAN looks like more attractive now compared to MSPORTS.
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grahamsmun
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« Reply #967 on: February 05, 2010, 04:29:41 PM » |
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Why need to compare china based companies as an investment at the moment ? When u still can select local, based companies which are still equally as attractive .
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noname88
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« Reply #968 on: February 05, 2010, 04:33:41 PM » |
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China has the "wow" factor in attracting FDI... GDP growth is 2-3x better than ours... domestic consumption is capable of offsetting any fluctuation in international consumption.
So its quite understandable why Pussy loves China soles...(n China Chick of course)
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Moolah and Poonani... The main ingredient to complete a man....
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uyafr
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« Reply #969 on: February 05, 2010, 04:39:16 PM » |
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Why need to compare china based companies as an investment at the moment ? When u still can select local, based companies which are still equally as attractive .
because shoe vs shoe  I dont think there are any local shoe manufacturer listed. If not mistaken XINQUAN also makes shoe soles besides shoes.
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grahamsmun
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« Reply #970 on: February 05, 2010, 04:40:00 PM » |
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My research show China top 100 counters had reasonable corporate governance equivalent to us, but beyond the top rank, the other companies, are many tiers below us.
How to isolate & identify those good lower tiers, when u don have a proper understanding the local business practices and customs and cannot really rely on their Annual Report ?
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grahamsmun
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« Reply #971 on: February 05, 2010, 04:42:09 PM » |
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Do we need shoe v shoe comparison ?
What about shoes v oil & gas v ports v steel v car parts v plantation v etc ?
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uyafr
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« Reply #972 on: February 05, 2010, 04:50:21 PM » |
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Do we need shoe v shoe comparison ?
What about shoes v oil & gas v ports v steel v car parts v plantation v etc ?
because we are talking about MSPORTS, so compare apple to apple. Each industries has its own strength and weekness. If really want to compare across industries I think there are alot of counters out there can compete with MSPORTS.
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noname88
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« Reply #973 on: February 05, 2010, 04:54:11 PM » |
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uyafr, solely from TA standpoint, I believe Etitech will have some big movement in near future because the bollinger band is tightening and MACD is showing positive divergence to its price movement...
Uyafr, Etitech has started its engine apparently... still holding?
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Moolah and Poonani... The main ingredient to complete a man....
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grahamsmun
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« Reply #974 on: February 05, 2010, 04:56:13 PM » |
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Thats what i m saying, if u can find local companies across industries, trading at a discount equivalent to msports, then better buy those local companies.
Anyway our objective is to make money, we do not need to buy into china shoes companies. We are looking for attractive undervalue companies in any industries in which we have confidence and able to rely on their financial disclosures with confidence
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The Bursa Malaysia Forum
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« Reply #974 on: February 05, 2010, 04:56:13 PM » |
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uyafr
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« Reply #975 on: February 05, 2010, 05:05:37 PM » |
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Uyafr, Etitech has started its engine apparently... still holding?
I just sold all my remaining ETITECH... I am trying hard to clear my stocks. I am getting more worried now as US futures turns red already. KNM with such a huge vol fails to cross 0.825... means alot of people are losing money on that one already. If Friday turns bad for US Market, Monday disaster for KLSE... Oil will drop and very unlikely KNM will go up further, so it will end up at T+2 without any gains, panicky ones starts to sell, comes T+3 disaster. I am keeping only KFIMA and KEYASIC at the moment, cleared my MJPERAK as well.
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uyafr
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« Reply #976 on: February 05, 2010, 05:07:23 PM » |
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Thats what i m saying, if u can find local companies across industries, trading at a discount equivalent to msports, then better buy those local companies.
Anyway our objective is to make money, we do not need to buy into china shoes companies. We are looking for attractive undervalue companies in any industries in which we have confidence and able to rely on their financial disclosures with confidence
yep.. thats why I sold MSPORTS and did not buy XINQUAN although it looks like a better alternative.
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noname88
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« Reply #977 on: February 05, 2010, 05:14:30 PM » |
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I just sold all my remaining ETITECH... I am trying hard to clear my stocks.
I am getting more worried now as US futures turns red already. KNM with such a huge vol fails to cross 0.825... means alot of people are losing money on that one already. If Friday turns bad for US Market, Monday disaster for KLSE... Oil will drop and very unlikely KNM will go up further, so it will end up at T+2 without any gains, panicky ones starts to sell, comes T+3 disaster.
I am keeping only KFIMA and KEYASIC at the moment, cleared my MJPERAK as well.
tonight there'll be data on employment situation... I believe ppl are anticipating it to be bad judging from last night's jobless claim data. However, should there be any surprises in beating analyst's estimates, then I think it will be a good good night and a good good monday for us.
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Moolah and Poonani... The main ingredient to complete a man....
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Investor88
Regular Member

Offline
Posts: 78
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« Reply #978 on: February 05, 2010, 05:18:33 PM » |
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Noname88 are you a Dogtor?
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noname88
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« Reply #979 on: February 05, 2010, 05:19:55 PM » |
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Noname88 are you a Dogtor?
That I don't know but according to Leno you're an idiot, and I believe so...
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Moolah and Poonani... The main ingredient to complete a man....
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uyafr
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« Reply #980 on: February 05, 2010, 05:25:56 PM » |
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tonight there'll be data on employment situation... I believe ppl are anticipating it to be bad judging from last night's jobless claim data.
However, should there be any surprises in beating analyst's estimates, then I think it will be a good good night and a good good monday for us.
nope, people are expecting good unemployment data. Europe now all red. Remember, when market is bad, good news also can become bad news. What will happen if bad news is announced ?
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noname88
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« Reply #981 on: February 05, 2010, 05:32:32 PM » |
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nope, people are expecting good unemployment data. Europe now all red. Remember, when market is bad, good news also can become bad news. What will happen if bad news is announced ?
how is it that good unemployment data is expected? prior month is 10.0%, consensus this time is 10.1%... its more like saturating... It is because of the anticipation of poor data that's why market is reacting like this - bleeding like crazy... remember... stock market is a leading indicator...
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Moolah and Poonani... The main ingredient to complete a man....
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grahamsmun
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« Reply #982 on: February 05, 2010, 05:34:05 PM » |
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At the moment good news the stock mkt reaction is neutral
But bad news, the market will drop .
This is bcos mkt had discounted the good news
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Victoria Holt
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« Reply #983 on: February 05, 2010, 05:43:26 PM » |
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what bad news ?  every stock in my portfolio looks very solid leh .. like nothing happen woo ... even coma stock Hing Yiap also went up by 1 sen today .... whoaaa hoaaa haaa ...  Coma stock ! I LIKE !
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grahamsmun
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« Reply #984 on: February 05, 2010, 05:47:17 PM » |
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Your leader already fallen below Rm 0.90. How ? Analab below Rm 1.20 ?
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Changbl
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« Reply #985 on: February 05, 2010, 05:53:40 PM » |
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Your leader already fallen below Rm 0.90. How ? Analab below Rm 1.20 ?
leno your leader RM1.1 oso cannot touch, your RM1.4, mana mana mana mana?  ?........................muahahahahahaha hahahahaha
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uyafr
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« Reply #986 on: February 05, 2010, 06:29:16 PM » |
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how is it that good unemployment data is expected? prior month is 10.0%, consensus this time is 10.1%... its more like saturating...
It is because of the anticipation of poor data that's why market is reacting like this - bleeding like crazy... remember... stock market is a leading indicator...
Actually they are expecting a small increase of job.
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noname88
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« Reply #987 on: February 05, 2010, 07:02:23 PM » |
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Actually they are expecting a small increase of job.
aaeeeeekkk..... Wrong !! http://finance.yahoo.com/news/Job-losses-from-Great-apf-315660824.html?x=0&sec=topStories&pos=3&asset=&ccode=
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Moolah and Poonani... The main ingredient to complete a man....
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uyafr
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« Reply #988 on: February 05, 2010, 07:12:56 PM » |
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aaeeeeekkk..... Wrong !!
http://finance.yahoo.com/news/Job-losses-from-Great-apf-315660824.html?x=0&sec=topStories&pos=3&asset=&ccode=
"Wall Street economists expect the January report will show a tiny increase of 5,000 jobs."which I think they wont get it. So Unemployment figure I think will be worse than expected.
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Changbl
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« Reply #989 on: February 05, 2010, 07:26:54 PM » |
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NextView chief market strategist expects the FTSE Bursa Malaysia Kuala Lumpur Composite Index to see a correction to between 950 and 1000 points in the next three to six months.
http://www.btimes.com.my/Current_News/BTIMES/articles/jbenny3/Article/
...muahahahahahahahahahahahahahahahahah ahah
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Kucing
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« Reply #990 on: February 06, 2010, 11:39:38 AM » |
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cosmic23
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« Reply #991 on: February 06, 2010, 12:53:07 PM » |
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Suicider
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« Reply #992 on: February 09, 2010, 02:36:05 AM » |
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Anyone still holding or interested in the counter? I am thinking to enter 
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redBULL
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« Reply #993 on: February 09, 2010, 08:24:00 AM » |
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XDL already carving a new LOW..... MSPORTS will be the next.... I doubt its previous low of 0.48 will hold. With the KLCI has more room to go down till its next support at around 1170 level, think selling presurre will be there for the remaining of the week......Probably till "TIGER" is aound on 17th, then the BEAR will try to hide somewhere....
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Kucing
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« Reply #994 on: February 09, 2010, 02:20:59 PM » |
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Kucing
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« Reply #995 on: February 10, 2010, 12:44:52 PM » |
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XDL already carving a new LOW..... MSPORTS will be the next.... I doubt its previous low of 0.48 will hold. With the KLCI has more room to go down till its next support at around 1170 level, think selling presurre will be there for the remaining of the week......Probably till "TIGER" is aound on 17th, then the BEAR will try to hide somewhere....
XDL's financial strength is very different from MSport ! XDL grows on gearing (very high risk), Msport grows on Cash (Cash is always the f*cking king !) MSports is the best amongst all the red chips ! 
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redBULL
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« Reply #996 on: February 10, 2010, 01:33:49 PM » |
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Kucing
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« Reply #997 on: February 10, 2010, 11:15:03 PM » |
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I rather wait for the 4Q result to be announced before making any decision. If the fundamental is still solid, no point to sell ! Those sell and dump for no fundamental reasons can only be attributed to unreasonable fear and panic, that's all ! If the 4th Q really look bad and shaky (eg. reduce profit or loss or high receivables) then only I cut loss and sell !
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Kucing
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« Reply #998 on: February 12, 2010, 03:46:48 PM » |
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DR KIM
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« Reply #999 on: February 12, 2010, 04:03:00 PM » |
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