| Latest Forum Topics / Duty Free Intl Last:0.067 -- |
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Koh Eco - a Promising E&C company
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kelvintan84
Veteran |
15-May-2018 22:33
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Oh,... U cut lost at 265? I always thought you did at 225-230... That's why I always thought I bought from u... Lol | ||||
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kelvintan84
Veteran |
15-May-2018 22:31
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Hmmm... I did it before. As in I "dump" alot before to "cut queue" and it is reflected as B. (by thr way u buy it will appear S)
I done it more than once in the many years I trade. Unless something changed this year. If not I am quite certain.
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tonylim70
Veteran |
15-May-2018 22:27
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U can try tomorrow. I forget the order of " B" or " X" . U can try urself tomorrow. Choose a counter with little queues. For example  a counter has 5 lots to  buy at 20 cents and 1 lot to  buy at 20.5 cents. U can try selling 2 lots at 20 cents. Then u will see the status of 1 lot sold at 20.5 cents as " X" and 1 lot sold at 20 cents as " B"   or vice versa or both as " X" .. i cant remember the exact ratio. OR A counter has 1 lot to sell at 21 cents and 5 lots to sell at 21.5 cents. U can try buying 2 lots at 21.5 cents. Then U will see the status of 1 lot  bought at 21 cent with status " X" and 1 lot bought at 21.5 cents with status " B" or vice versa or both as " X" . U dun have to believe me. U can go try. I done this before so i know. What I sold my duty free at 26-26.5 cents, there was queue of around 200 lots 26.5 cents to buy and 400 lots 26 cents to buy, so I input 500 lots to sell at 26 cents. The system will sell for me 200 lots at 26.5 cents and 300 lots at 26 cents and then i go see the trade done, it showed " X" for one of them or both (I cant remember exactly the exact thing, but i saw " X" )  
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kelvintan84
Veteran |
15-May-2018 22:06
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Pump and dump or not I am not sure.
But x trade is definitely not what u describe. When you dump alot of shares out at a much lower price, the system will fill up at the highest buy queue and accordingly until your order is fully filled and it will be registered as normal sell. I know this as a fact because I did it a few times in my years of trading. |
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kelvintan84
Veteran |
15-May-2018 22:02
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that's not my understand for x-trade..
Even if what u said is true, shouldnt there be x trade for 230 and 225? Instead of all at 220?
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tonylim70
Veteran |
15-May-2018 19:16
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X trade means that guy sold at 22 cents even when there is 22.5 and 23 cents on the buy queue. Let say there are 500 lots to buy at 22 cents, 200 to buy at 22.5 cents, 100 lots to buy at 23 cents. I can key into the trading platform to sell at 22 cents 800 lots. Then the online system will automatically sell for u from 23 cents all the way down to 22 cents and the 23 and 22.5 cents will be labelled as " X" . Hope this clear your doubts , cheers. Definitely a pump and dump. The BB must be very happy that some users in forums help them to shout " buy buy buy, chiong chiong chiong!" and lure in small investors. Once enough small investors queue to buy, the BB will dump. This is the oldest trick used by BB .. :)
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kelvintan84
Veteran |
15-May-2018 19:01
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It' s a x trade... i understand this as a block trade between 2 paties at an agreed price (in advance). So how i read it is someone  gave up hope on Duty Free and negotiated a block trade of 10% from last closing price (assuming the negotioation is done 2 to 3 days back). Willing buyer will seller. But the last 1lot to pump it up is suspicious though...... What do you think? PS: i may be bias as i am vested
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tonylim70
Veteran |
15-May-2018 18:26
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x 0
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![]() BB pump and dump again.
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kelvintan84
Veteran |
15-May-2018 11:12
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Up almost 20% since election (3 days). and the company hasnt even started their share buy back program. Let' s hope the abolishment of GST will help boost Consumption and remove what was taxed to some of Duty free' s stores.... This is still sitting on at least 7% div yield (at my purchase price it is 8.5% yield)
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kelvintan84
Veteran |
15-May-2018 09:16
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it keeps going up........... :D | ||||
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kelvintan84
Veteran |
14-May-2018 23:18
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So far so good. Since end of election till now (3 trading days) up 10%
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kelvintan84
Veteran |
14-May-2018 08:49
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bro, i know what duty free means. And  i know where you are getting at. Look at duty free International' s business model. Not all Duty free' s stores are in the " NEW" duty free zone. After the GST was implemented, some of their stores are now taxed. This is one of the 3 reasons why this stock price has been beaten down. The other 2 reasons are the court case and THai king. Look up on Duty Free history first and do some research.
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investshare
Supreme |
14-May-2018 07:21
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You don?t know what duty free mean yet keep promoting? No wonder you keep saying abolish gst good for it.
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tonylim70
Veteran |
14-May-2018 05:34
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very easy .. u see the share price this week. Last week buyers already drying up...
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kelvintan84
Veteran |
14-May-2018 01:04
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Lol.. U really everything also can link to this court case. He wants to go after najib for the money la. Not the businesses la.
He already said he pro biz. First step was to cut GST to boost consumption
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tonylim70
Veteran |
13-May-2018 17:49
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![]() Bad news for tax court case
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kelvintan84
Veteran |
11-May-2018 07:53
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Why so?
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tonylim70
Veteran |
11-May-2018 00:32
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Tomorrow share price will fall back... | ||||
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tonylim70
Veteran |
11-May-2018 00:20
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https://www.thestar.com.my/business/business-news/2018/05/10/stocks-with-malaysian-exposure-hit-on-singapore-bourse-ringgit-falls-against-us-dollar/
Read more at https://www.thestar.com.my/business/business-news/2018/05/10/stocks-with-malaysian-exposure-hit-on-singapore-bourse-ringgit-falls-against-us-dollar/#mp5pfizCuGHjKwyS.99SINGAPORE: Stocks with Malaysian exposure were hit on Singapore bourse on Thursday morning (May 10) after Malaysia opposition' s shock election win. As at 10.01am, Singapore-listed stocks with Malaysian exposure such as Jardine Cycle & Carriage, IHH Healthcare and Hatten Land fell. Jardine C& C was down $1.01 or 3 per cent to $32.87, IHH Healthcare down three cents or 1.5 per cent to $2.00, and Hatten Land down 0.1 cent or 0.6 per cent to $0.16. By 9.49am, Singapore' s Straits Times Index was 4.64 point or 0.13 per cent lower at 3,543.90. Malaysia' s stock market is closed on May 10 and 11. On the currency front, the ringgit weakened against the US dollar, with US$1 worth RM4.046 as at 9.12am, up by 5.75 sen or 1.4 per cent, according to data from Bloomberg. The Singapore dollar dipped against the ringgit, trading at RM2.935, down by 1.19 sen or 0.4 per cent, close to a two-year low. Credit ratings agency Moody' s described the market' s uncertainty, saying: " The country has never witnessed a transition of power away from the Barisan Nasional since its independence in 1957. Little is known about the opposition' s full range of economic policies, and its electoral pledges have lacked details that would allow for a full assessment of their budgetary and macroeconomic impact. " Some campaign promises, if implemented without any other adjustments, would be credit negative for Malaysia' s sovereign. These include a proposed abolishment of the GST which, without offsetting measures, would increase Malaysia' s reliance on oil-related revenues and, in the near term at least, narrow the government' s revenue base. " Another policy pledge, the reintroduction of fuel subsidies, would also distort market-determined price mechanisms, with effects on both the fiscal position and balance of payments." Oanda Trading Market called the overnight results announcement " stunning" , adding that this is creating " quite the stir" with foreign investors trying to decipher the mandate of former Malaysian prime minister Mahathir Mohamad' s Pakatan Harapan party. " The thinly traded one-month NDF (non-deliverable forward) markets have shot up on the election results above 4.05 in response to the anticipated knee-jerk weakening on Malaysian assets as indicated. It added that the USD/MYR had pulled up 1.75 per cent in the pre-election run-up, but with the NDF now printing 4.075, the ringgit now sits at the bottom of the regional currency pecking order. It also agreed that abolishing the GST and accelerating fiscal spending could be interpreted negatively, given the drain on government coffers, which would be credit negative for Malaysia. - Straits Times, Singapore  
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kelvintan84
Veteran |
10-May-2018 18:34
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you need to ask najib this question... he taxed them, not me.
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