Moral of captain transaction

Jana1 · 1 Moral of captain transaction Mon Feb 10, 2014 10:41 am

Jana1

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Captain sold JKH at 190 range during mid of 2012 to Janus holding and bought COMB from that receipt. After 1.5 years ( last week) bought back same JKH at 230 range from Janus(after rights and warrants).. It seems foreigners are most smartest than locals. May be locals are capable of identifying nearest uptrend ( uptrend yet to be confirmed). Most smart investors also make mistake.

Slstock · 2 Re: Moral of captain transaction Mon Feb 10, 2014 10:48 am

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Yeah, I wanted to make separate post on something similar , but I will say it now.

People are panicking left and right about the foreign sale of JKH at Rs 230.

Wonder whether anyone realize Janus is making big profit on rights bought at Rs 175 and the share they held before right issue.

Also so far they sold about 15% of their holding only.

econ · 3 Re: Moral of captain transaction Mon Feb 10, 2014 10:52 am

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As usual EPF is always buying side at peak to give profits to foreigners. Very Happy

dhanurrox · 4 Re: Moral of captain transaction Mon Feb 10, 2014 11:03 am

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econ wrote:As usual EPF is always buying side at peak to give profits to foreigners.

How can you define peak.May be ETF correct this time.

Jana · 5 Re: Moral of captain transaction Mon Feb 10, 2014 2:51 pm

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today again crossing 2.1 Mn JKH @ 227/=.. Are you thing this is the Bottom level or still go down ... my adviser also said it will turn back..may be possible

econ wrote:As usual EPF is always buying side at peak to give profits to foreigners.

you right econ.. they did earlier with DIMO as well like this..
But I don't think So EPF not smarter than Foreigners

Slstock · 6 Re: Moral of captain transaction Mon Feb 10, 2014 2:57 pm

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Well I do agree EPF record says they don;t time the share market well
but people tend to forget

a) to buy large quantities someone has to sell
b) EPF only invests a very small percentage in share market ( buy yes it is not a reason to buy very high like GRAN, LGL deals)

But JKH at Rs 230 is not terrible if they know the Government plans ;-)

Am not defending their buying policies but saying there is another side people forget.

Jana wrote:today again crossing 2.1 Mn JKH @ 227/=.. Are you thing this is the Bottom level or still go down ... my adviser also said it will turn back..may be possible

econ wrote:As usual EPF is always buying side at peak to give profits to foreigners.

you right econ.. they did earlier with DIMO as well like this..
But I don't think So EPF not smarter than Foreigners

rainmaker · 7 Re: Moral of captain transaction Mon Feb 10, 2014 3:31 pm

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I see the JKH group as something similar to Villa group in the Maldives (perhaps the top Maldive firms should list in SL)

A bit surprised that Kazanah has not stepped up

Will JKH dispose NTB(?)

Slstock · 8 Re: Moral of captain transaction Mon Feb 10, 2014 3:33 pm

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Disposing NTB around current prices will not be a smart move.

rainmaker wrote:I see the JKH group as something similar to Villa group in the Maldives (perhaps the top Maldive firms should list in SL)

A bit surprised that Kazanah has not stepped up

Will JKH dispose NTB(?)

UKboy · 9 Re: Moral of captain transaction Mon Feb 10, 2014 10:09 pm

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rainmaker wrote:I see the JKH group as something similar to Villa group in the Maldives (perhaps the top Maldive firms should list in SL)

A bit surprised that Kazanah has not stepped up

i think Malaysians didnt expect the weight of right and warrants issue. Probably their allocated money is already used for rights and .......then for warrent conversation later.

Or could be a miscommunication between two local brokers ?