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Showing posts from October, 2014
On 21 Jun 2013, something happen to at least 8 stocks in Bursa, the price either limit up or limit down on that day. I still remember after market closed, I receive many client's call to find out what's happening. That time, really nobody know what's the problem, but what we know after clarification from Bursa that the trade was not a mistake. After this incident, Bursa had implemented a system of 8% limit on last done price which use till today. Below the yesterday's news which disclosed all the details on what's happening on that day. BURSA FINES FINTAN ROMUALD INBARAJ NICHOLAS FOR TRADING MISCONDUCT  30 Sep 2014 Bursa has publicly reprimanded and imposed a fine of RM100,000 on Fintan Romuald Inbaraj Nicholas (FINTAN) for trading misconduct which involved execution of trades that caused significant price fluctuation in eight (8) counters, namely STAR, JCY, BKAWAN, COASTAL, CBIP, HSPLANT, TDM and BJTOTO (8 Affected Counters) and impacted these securities closi

CIMBC25 now rename to CIMBC50

What's happening to Hong Kong currently? This is one of the Google trend hot topic now. Today is China's National day and the protest still continue. Hopefully China will take a win win strategy soon if not both side will pay for heavy price. So, what's that going to do with us stay outside Hong Kong here? Well, one of the stock that I did invest was Hong Kong ETF listed at Bursa here, CIMBC25. It's a nice timing that the ETF also change the name on 29 Sep 2014 to CIMBC50 and now the stocks in basket become 50 instead of 25 previously. Theoretically, by adding more stocks to the basket will make this ETF become less volatile. Hence, my strategy of making money in this ETF now need to review. I will stop trading on this ETF for the time being and monitor closely for the next 6 months to come out the final conclusion. For those who are interested, the basket of stocks now consist below stocks: HKG Name 0688.hk China Overseas Land & Investment Ltd. 1288.hk Agr