Monday 24 June 2013

Highlight: No sabotage/error in Friday’s trades, says Kenanga source

Highlight: No sabotage/error in Friday’s trades, says Kenanga source
MY SPECULATIVE Observations.

This morning all the 6 counters which limit down on Friday reverse back to

almost near the previous prices.


My Observations.

Counter         Price      On Friday                                             Today( price)  Vol. done
                                    (approximated vol.done @ )

1) Bjtoto       3.20        50000                                                   4.16               17923

2) Bkawan   13.46        2240                                                    17.48              6

3) Cbip         1.93         6200                                                    2.50               15582

4) Coastal     1.48        41150                                                  1.92                10392

5) Tdm          2.90        21730                                                  3.77                119

6) Hsplant     1.89        55180                                                   0                     0


Remarks

1) Powerful invisible hand at work.

2) Selling from right hand to left hand and making huge profits....

3) More upward prices action are expected from now......

4) The program buying /selling is well executed on Friday before closing time

    is to prevent interference....



( Just my 1 cent opinion )






Saturday 22 June 2013

NO UMA issued for----Bjtoto,Bkawan,,Cbip,Coastal,Hsplant,Tdm,Jcy,Star.


LIMIT DOWN .

1) Bjtoto

2) Bkawan

3) Cbip

4) Coastal

5) Hsplant

6) Tdm


LIMIT UP.

1)Jcy

2)Star


Bursa have confirmed trades are valid and genuine.There is no reversing to

the original price come this Monday.


THINGS TO PONDER

1) Some said the above are done through "Married Deals".

    What are "Married Deals"???

    Married Deals are off market deals agreeable between an Institution Buyer and Seller

    over a block of shares at a fixed price.

2) Why would the SELLER sell to the BUYER at such a low price???( 30% discount ).

    A smart SELLER would sell to the current market and get a better price.

    All the above 6, are fundamentally strong counters. 

3) Why would the BUYER acquired the counters( Jcy,Star ) at such a high

    price from the SELLER?.He could get it much cheaper from the current market.

4) Why all the Trades are done 10 mins before closing time???Why not earlier???


MY ANALYSIS.( Just my 1 cent opinion ).

I have detected Programme Buying/Selling on the above 8 counters.

Hundreds of trade done with different volumes on the above counters

over a short period of 2 seconds.It is manually impossible to key

in such a large orders.

WHAT WOULD HAPPEN ??? ( Just my 1 cent opinion ).

Come next week, I am expecting the counters to be goreng up....

( To buy or not....the decision and risks are yours.....)



Just a note.

What a coincident, Jcy ( my runaway train ) is running faster now.....

see if you can catch it...( And again ,all my private blog members

are laughing all the way to the.........BANK.  ) 



    


Saturday June 22, 2013

Bursa: Trades ‘valid and genuine’

By CHOONG EN HAN
han@thestar.com.my


PETALING JAYA: The seemingly unusual market activity that saw sharp price gyrations in several stocks in the final 10 minutes of trading yesterday was valid and genuine, according to Bursa Malaysia.
Six counters from mid-caps to big ones, namely, Hap Seng Plantations Holdings Bhd, Batu Kawan Bhd, TDM Bhd, CB Industrial Product Holding Bhd (CBIP), Coastal Contracts Bhd and Berjaya Sports Toto Bhd, hit limit-down, or a 30% plunge, with a combined trade of RM43.1mil in that short time window during pre-close.
While the trading pattern may seem like an “error in trading” could have taken place, a Bursa Malaysia representative when contacted by StarBizWeek clarified: “With regards to the eight stocks which hit their limits-up (two) and down (six), Bursa Malaysia has investigated the matter and has confirmed with the broker that the basket order, which was from their institutional client, was valid and genuine.”
In yesterday's trade, Hap Seng shed 81 sen to RM1.89, Batu Kawan lost RM5.76 to RM13.46, TDM declined RM1.24 to RM2.90, CBIP decreased 82 sen to RM1.93, Coastal Contracts was down 62 sen to RM1.48, and Berjaya Sports Toto fell RM1.01 to RM3.20.
At the other end of the spectrum, JCY International Bhd gained 24 sen, or 36%, to 90 sen and Star Publications (M) Bhd shot up 85 sen, or 29%, to RM3.71.
In the broader market, the FBM KLCI shed 6.49 points, or 0.37%, to 1,755.85 points, with 306 gainers, 512 losers, and 267 counters unchanged.

Tuesday 18 June 2013

FBMKLCI   : UPDATE (The way I look at it )


My Analysis........After the knee jerk on Thursday, the CI rebound back into positive

                          territory for the next two days.The CI is now at the strong support

                          level 1766.50.

                          As long as it dont breaks the trend line AB,I am seeing more GREEN

                          DAYS ahead.


( Just my 1 cent opinion )