Nice post moo moo. You have a sharp eye on this ki...

2013-07-17T04:34:18.831+08:00

Nice post moo moo. You have a sharp eye on this kind of stuff. This makes me always invest based on company market reputation and branding. Their accounting figures come 2nd.

Dear Moolah, You are so right about Maemode. You ...

2013-07-02T08:42:59.952+08:00

Dear Moolah,

You are so right about Maemode. You saved a few investors who might have fallen into that trap.

Any other landlmines like Maemode?

well then, good luck to the bankers Maybank and RH...

2013-06-28T13:38:51.696+08:00

well then, good luck to the bankers Maybank and RHB. Hope they are able to collect back their money.

All these window dressing tactics are very prevale...

2013-06-25T16:55:51.077+08:00

All these window dressing tactics are very prevalent, arent they?

Moo Moo, Some suspect that the sell-off has somt...

2013-06-22T21:39:21.755+08:00

Moo Moo,

Some suspect that the sell-off has somthing to do with "The Bank of New York Mellon Corporation" aka BNY Mellon.

Recently, one of the stock listed in Hong Kong, "Huabao International" has experienced a last 5-10 minutes heave large volume sell-off at 31/5/13 (the vol increased from 30-40 mil to over 100mil in last ten minutes). The same BNY Mellon names appears in changes in substantial shareholder's interest in this Honk Kong Stock which suggest it has sold off 80mil stocks on this HK stocks.

The BNY Mellon could have done the same thing to these few Bursa stocks; reasons explained by Dali's article. ^^

moola.. its not as sinister as you might think .....

2013-06-22T16:20:24.899+08:00

moola..

its not as sinister as you might think ...

http://malaysiafinance.blogspot.com/2013/06/wtf-closing-was-that.html

Or this: http://www.wisdomtree.com/etfs/fund-deta...

2013-06-22T11:14:17.442+08:00

Or this:
http://www.wisdomtree.com/etfs/fund-details.aspx?etfid=50

They have the same stocks which fell 30%.

With current situation where these instos act like...

2013-06-22T10:01:14.111+08:00

With current situation where these instos act like herds and spoiled children, anything crazy as this will not be a surprise to me :P Check out this fund:

http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=61383:5&Itemid=198

Bank of New York Mellon might be the one who sold off these shares. Possible algo trade malfunction?

Dear Moolah, ...

2013-06-21T21:03:57.523+08:00

Dear Moolah, Did you notice the sharp fall in a number of stocks today?Stocks like BJTOTO,BKAWAN,TDM,CBIP and COASTAL plunged near the end of the session.Remembered you wrote about a similar subject some time ago.Any conspiracy theories behind such fall?Spooked quite a number of people.Thanks for your time reading this.

That's nice of you. I am well.

2013-06-21T10:21:19.161+08:00

That's nice of you.

I am well.

Yup thought of you when I heard of Maemode, Nice ...

2013-06-21T10:00:29.042+08:00

Yup thought of you when I heard of Maemode,

Nice to see you posting updates, hope you are well

Finally, another ship Maemode failed to service it...

2013-06-20T21:08:53.548+08:00

Finally, another ship Maemode failed to service it's debt.....this is in your radar if I am not too old to forget....

What abt newly listed CAP, also pittance interest ...

2013-05-31T21:14:10.735+08:00

What abt newly listed CAP, also pittance interest income against substantial cash balances ?

I refer to the recent announcement by Goldis Berha...

2013-05-21T22:04:39.067+08:00

I refer to the recent announcement by Goldis Berhad on 8 May 2013 for the capital distribution of IGB shares. From the first reading of the announcement, it seems the proposal is really to reward the shareholders of Goldis. However, with further understanding of the proposal, the proposal seems to me just another way of taking the value from the minority shareholders.

In my humble opinion, to put the unlisted share as an alternate option to cash to MI is as good as forcing the MI to have no option but just have to take up the cash option. My rationale is that one of the key objectives of us investing in stock markets / listed shares as compared other investments is due to liquidity. As the proposal is to distribute the unlisted shares, then such proposal is defeating the our objective.

To simplify it, assuming a listed co only owns a very profitable subsidiary (say with NTA of RM100 mil). The major shareholders then propose the similar structure to all the shareholders whereby the profitable subsidiary to be transferred to a non-listed company at say RM50 mil. Thereafter, all the shareholders will be given the options to choose (i) the unlisted shares or (ii) cash value per listed share which will be substantially undervalue as the valuation for the transfer is only half of the NTA.

Eventually, the major shareholders will own 100%/ majority of the unlisted company cuz i presume majority of the MI will not opt for unlisted shares due to liquidity.

With this, the major shareholders are essentially privatise the jewel of the listed company at a cheap valuation in the expense of the MIs' value.

I see the above illustration happens to GOLDIS now.

May I have your view on this case i.e. GOLDIS just to make sure MIs' are well protected before the same structure to be replicated for the next many more coming proposals if this first kind of proposal is successfully completed.

How about CSL? Refer posting http://whereiszemool...

2013-05-10T11:36:30.910+08:00

How about CSL?

Refer posting http://whereiszemoola.blogspot.com/2013/05/so-whats-probelm-with-china-based.html

What is your suggestion? Take them off or cane the...

2013-05-09T22:24:14.098+08:00

What is your suggestion? Take them off or cane them?

What is your suggestion? Clear them from shelf or...

2013-05-09T22:22:14.680+08:00

What is your suggestion? Clear them from shelf or take cane and cane them•••••

Amazing, you have been warning for this all the ti...

2013-05-09T19:09:52.054+08:00

Amazing, you have been warning for this all the time!

Would be interested to know how other China based companies on Bursa are doing: interest income compared to cash declared. Are there more suspicious cases, if so, which are the most suspicious?

Plain poor quality of company listed... the Chines...

2013-05-07T23:47:03.812+08:00

Plain poor quality of company listed... the Chinese ones especially.. Nicely written post cutting through the skin.

I complain this to Astro as well. You know what th...

2013-05-05T14:50:59.194+08:00

I complain this to Astro as well. You know what the customer representative say? She say:" We (Astro) want to show-off the HD quality channels, which you can enjoy crystal clear image quality, as well as 16:9 widescreen for a panoramic viewing." That means, Astro abandoned SD channels. Astro purposely show the SD channels in 4:3 for us, as a customer to suffer either pillar box or stretched image.

Which also means, Astro are trying to tell us.
Pay RM20 for the HD service, and you'll enjoy no-stretching image, because the HD channels are in 16:9 aspect ratio, which fit exactly to HDTVs. Astro is trying to make business, bro.

Let me tell you something that most people don't know, some of the SD channels are now broadcasting in 16:9 instead of 4:3. The channels as I know are History Channel (CH555) and HBO (411). But Astro purposely add letterbox on top and buttom to show a 4:3 letterbox image.

Astro did a very "good" job, eh?

Limko: I don't think you should use financial ...

2013-04-27T20:08:15.347+08:00

Limko: I don't think you should use financial indicators.

Common sense perhaps.

Consider the disposal of shares by the shareholders last month.

As mentioned briefly in a post here, the disposals of shares was at 60 sen. CSL IPOed at 95 sen. Make sense?

And to make financial indicators go bonkers, the disposal of shares were cheaper than the CASH PER SHARE the company said it was holding.

What gives?

Either the owners have ZERO understanding of CASH PER SHARE or perhaps we can say the CASH PER SHARE sum is in doubt!!!!

Looking at the performance of China counters vis-a...

2013-04-27T13:05:15.606+08:00

Looking at the performance of China counters vis-a-vis their financial indicators, I have to throw out all that I learned in Finance and investment classes.

Or a different set of valuation yardsticks is required?

Maybe I am too dumb!

This is Malaysia's specialty among advisers no...

2013-04-17T10:39:12.659+08:00

This is Malaysia's specialty among advisers now. Unfair but reasonable.

What comes to mind is the two occasions when Pharm...

2013-04-06T17:51:18.551+08:00

What comes to mind is the two occasions when Pharmaniaga planned for privatisation.
On the first privatisation, "independant adviser" advised not to accept the offer, and the exercise did not go through. Subsequently, the price of Pharmaniaga slummed.
On the second privatisation, another "independant adviser" advised to accept, and the exercise completed. Subsequently, the price of Pharmaniaga soars.
On both occasions, the mionrity shareholders got screwed.
Advise or lie?

U should rightfully get the pay rise not the good ...

2013-04-03T08:08:01.147+08:00

U should rightfully get the pay rise not the good for nothing bursa ceo who is paying himself $2 mill pay rise in a year to wow $5.5 mill p.a. Simply 1st class robbing.

Recent Comments