Why Ramunia Postpone the deal again?

Why? Recently najib had an announcement about our local listed companies. He proposed that big companies should prof on one sector instead of have multi line of business. So, I have a small little imagination on that.

Sime Eng will join into listing of UMW's gas and oil business. They maybe also use the Ramunia and UMW 's gas and oil business together for new IPO. UMW will acquire all vehicle business from Sime as exchange. That is an advantage for both company as well as fulfil Najib's plan.

Foregin Fund manager always claimed that our big companies business non prof and hardly to identify the risk, turnover and profit margin. So, GLC companies at KLSE become complex and non attractive to them.

The information from Najib's brother had delivered to him. This is first step and second step will encourage foreigner open a research office at Malaysia for investment. Hence, the 30% quote has removed.

Ramunia holders will gain more profit because automatic enjoy the new IPO share as excahnge and the price is better than Sime Eng's unquote shares. It is also may use Ramunia as listing vehicle(back door listing) by UMW's gas and oil business for new IPO. Three parties enjoy the benefit together. If I am a CEO of both of them, this is my plan.

I also hope GLC companies fast restructure their core business to meet current status of investment requirement. So, that is a begginning step we can meet the speculators from oversea and learn some skill from them.

Good Day

Finally I had found UEMland support. Today lower was 1.32 and previous lower was 1.28. So, the next support is about 1.36. If next adjustment coming, investors can try buying at this level. After 4 days consolidated, KLSE equity market has created a strong base. It was gave an advantage to holder and if holder apply a 9 step strategy to buy one stock. He will gain a lot.

What is 9 steps? Fisrt he bought in at 1.00 at 2 lots, second he bought in 92 at 4 lots . Third he bought in at 86 8 lots. Forth he bought in at 80 16 lots and then................................

If he had used this theory and the said shares do not have any bad news apply on it. When the market rebound to his first bought in price. He will gain pletty of money.

I am not a rich man. So, I have only can use own skill to looking the support. Now, I am trying monitor few stocks and concentrate on its. If someone lend me 1 million, maybe next year I can give him back by 20% profit, because I will use 9 steps to monitor few stocks. Haha! Just dream.

Golden opportunity

After two days adjustment on top volume traded stocks. Today those stocks had finally found the support. Although UEMLand still bad but others just ignore it and run on own way. Tomorrow is a good day for everybody if today you have bought some stocks.

Of course, after big lose I already trade by caution. My selection are Time, Hovid and Emico. However, reader must claimed that such stocks did not have good fundamental. But I am a speculator, I do not care about the company background just hope the shares got trading margin.

I am believe today adjustment have bring fear to someone. I am ready early morning jump in and buy the above said stocks. Hope can gain some profit. Now, I am in difficult position because the stupid broker has restricted buy in more.

As a speculator always is a big contributor to broker but they eye vision is limited. They always said I never parking in any share to them. But please do not forget, such holders trade at minimum and contribute them litter money. Speculator giving them a good fees and good turnover.

Furthermore they had scarify our buying right when market have small adjustment. They claimed that we should not buying and keep on asking payment. I am experience on that recently, although i am prompt payment with settle on following day. They also stop me buying. They hope for no risk on their business. Hence, he is better go back school as a teacher rather than be a broker.

What I did in the KLSE equity Market?

Today, when I reached office and on the computer. I found Samchem done at lower price and I just ignore it. As normal, I was gone to index link counter and starting study on it. Suddenly in the second page top volume counter, Samchem started its move. I had immediately took action and bought in at 90 cents. After that within a 10 minutes time, I had succeed sold it by difference price at 935 and 955.

On 3.oo pm, equity market sudden registered lose and the volatile of their trading. I was observed the top volume trading page. At 3.45pm, there was an opportunity again for me. I had immediately decided bought in Samchem at 89.5 and plan to sell it off at 9.25. Within a 1 minutes time, the said stocks move to 92 and 92.5. My deal closed it at 92.

If you asking me, Which sentiment on the market I am prefer? I would said "While sentiment is mixed move or slide line, I am prefer." Because such situation giving me a chance to well know the individual counter support and resistance line. So, in future any activities happen on such stocks. I will know better and reduce my risk on that.

Like today, I was found Ramunia _WA successful broke the resistance at 34.5. Is it a signal to climb up. Let us study it or mayby try buying it on next day.

Lose money day

Today, dataprep-wb and Emico not perform well. Both counter closed at negative and I must cut lose and play other counters. I had tried bought in Time and Dbhd. Finally both counter delivered me some contra gain to offset my lose.

Market's confident haven't back and continue registered low volume. It has given a warning to player. Please do not hold more position in hand. Sometime I wants to be a eagle but finally found that I am a chicken. Stand there and allow the egale eating me.

My streamyx service still has a problem. So, I must wrote fast and short note at here. Otherwise. the connection will gone and can not post it.

Tomorrow is another day for me to searching back my 30k. I hope I can select a good one and recover my lose. By the way, I found that those oil stocks no more giving any profit at now. I believe this will continue 5 days more. So, whoever like to play oil related stocks must be very careful.

If your are dare, please select some 2nd board stocks and keep it for while. Maybe the super stock is hidden at there.