Duty Free Intl    Last:0.067   -

Duty Free Share buyback and Berjaya Waterfront

PE 24x, isn?t it high?

 

I have not been seeing the prices  but in the last 6 months added in quite a lot between 0.24 and 0.27.... my intial buy was at 43 cents .. then averaged at 30 cents ...  then in the last few months kept adding 3000 to 5000 shares whenever I had funds on me.  Now my average has come down to 30 cents ... I will keep adding more the next few months ha ha ha let it remain below 27 cents... Then when it goes to 1 dollar in the next 1 to 3 years I will sell all and retire once and for all... Good luck to you all. Dont fight here and I have also stop posting for a long long time ... enjoy buying at cheap prices you wont get such opportunities for ever. Some big players are playing games but who cares when a company performs as a retail investor invest in batches and enjoy when the price appreciates. 

tonylim70      ( Date: 27-Nov-2017 23:07) Posted: If u have been observing for the last 3 mths, Whenever share price reaches 28 cents, Suddenly huge sell down (to huge buy queue) and then 800-1000 lots queuing to sell at the next higher bid. eg: 27.5 buy 1000+ lots vs 28 cents 500+ lots. Then suddenly 1500+ lots sell down to 27.5 cents. And the next few days , sell downs in terms of 1000+ lots and the sell queue at 28, 28.5, 29 cents  u will suddenly see 800 to 1000 lots suddenly appearing. Then the huge sell queue will  stay there for 2 weeks... u start to see ppl selling down to 27 or even 26.5 cents. Then after 2 weeks, one fine day u see the sell queue 1000+ lots suddenly become only 200-300 lots means buying is going to start again. It looks like orchestrated by BBs, the pushing and pumping of shares (a few thousand lots). It cant be retail/small traders. I personally think the trick is to artificially create a huge buy queue to lure investors into buying at 27.5 to 28 cents from the BBs. Then when buying starts to dry up, the BBs will artificially queue to buy with 1000+ lots  and then sell down to themselves (left hand to right hand) with huge sell queues  creating a illusion that fierce selling going on, thus scaring into small investors who just bought previously to cut loss and sell down at 26.5 to 27 cents. So in a way, the BBs are earning  a few pips each round and at the same time accumulating shares on the cheap. It has nothing to do with the fundamental as a rising ringgit will mean Duty Free having better profit. We have to wait until the BBs have collect enough and then they wil do a super pump for them to offload all their shares accumulated as well as the warrants too. The prospect of Duty Free is good as ringgit is rising. There will be turbulence along the way with the BBs in action. Another thing i can think of is they want to set the price bound range between 27-28 cents for some privatisation or takeovers..   mogambo      ( Date: 24-Nov-2017 13:14) Posted: I am failing to understand this too.... max 1-2 years I will keep accumulating these tricks are common  .. Just be among the 3% to win from the losses of other

 

similarly, I thought the strengthening MYR would be beneficial to DF but the share price seems to suggest otherwise. also, since the start of the new FY, they had bought back almost 10.5m shares at levels in excess of 30c. wouldn' t it be a good time for them to buy more given that prices are much lower now? anyway, don' t think the company has been very friendly or kind towards minority shareholders.

 

If u have been observing for the last 3 mths,

Whenever share price reaches 28 cents, Suddenly huge sell down (to huge buy queue) and then 800-1000 lots queuing to sell at the next higher bid.
eg: 27.5 buy 1000+ lots vs 28 cents 500+ lots. Then suddenly 1500+ lots sell down to 27.5 cents. And the next few days , sell downs in terms of 1000+ lots and the sell queue at 28, 28.5, 29 cents  u will suddenly see 800 to 1000 lots suddenly appearing.

Then the huge sell queue will  stay there for 2 weeks... u start to see ppl selling down to 27 or even 26.5 cents.

Then after 2 weeks, one fine day u see the sell queue 1000+ lots suddenly become only 200-300 lots means buying is going to start again.

It looks like orchestrated by BBs, the pushing and pumping of shares (a few thousand lots). It cant be retail/small traders.

I personally think the trick is to artificially create a huge buy queue to lure investors into buying at 27.5 to 28 cents from the BBs. Then when buying starts to dry up, the BBs will artificially queue to buy with 1000+ lots  and then sell down to themselves (left hand to right hand) with huge sell queues  creating a illusion that fierce selling going on, thus scaring into small investors who just bought previously to cut loss and sell down at 26.5 to 27 cents.

So in a way, the BBs are earning  a few pips each round and at the same time accumulating shares on the cheap.

It has nothing to do with the fundamental as a rising ringgit will mean Duty Free having better profit.

We have to wait until the BBs have collect enough and then they wil do a super pump for them to offload all their shares accumulated as well as the warrants too.

The prospect of Duty Free is good as ringgit is rising. There will be turbulence along the way with the BBs in action.

Another thing i can think of is they want to set the price bound range between 27-28 cents for some privatisation or takeovers..

 

mogambo      ( Date: 24-Nov-2017 13:14) Posted: I am failing to understand this too.... max 1-2 years I will keep accumulating these tricks are common  .. Just be among the 3% to win from the losses of others tonylim70      ( Date: 22-Nov-2017 09:19) Posted: This duty free is highly controlled by BBs. They seem to want the price to stay at 27-28 cents.. Go down 27 cents, there will be buy up. Go up 28 cents, they will be sell down. Ringgit rising should be good for duty free.. Wonder what is the BBs goal or perhaps what is the company goal?

 

I am failing to understand this too.... max 1-2 years I will keep accumulating these tricks are common  .. Just be among the 3% to win from the losses of others

tonylim70      ( Date: 22-Nov-2017 09:19) Posted: This duty free is highly controlled by BBs. They seem to want the price to stay at 27-28 cents.. Go down 27 cents, there will be buy up. Go up 28 cents, they will be sell down. Ringgit rising should be good for duty free.. Wonder what is the BBs goal or perhaps what is the company goal?

 

This duty free is highly controlled by BBs.

They seem to want the price to stay at 27-28 cents.. Go down 27 cents, there will be buy up. Go up 28 cents, they will be sell down.

Ringgit rising should be good for duty free.. Wonder what is the BBs goal or perhaps what is the company goal?

 

Duty Free will see significant improvement in it' s profit as it' s revenue is in Ringgit and Ringgit is appreciating. Expect to see 35 cents by the time the next quarter result is annouced in Jan 2018.

Share price has held up very well when other counters are experiencing a minor correction in share price.

We will see share price going past 30 cents soon.

tonylim70      ( Date: 21-Nov-2017 04:59) Posted: KUALA LUMPUR, Nov 20 &mdash The ringgit continued its upward momentum to end higher against the US dollar today on positive sentiment brought by expectations of Malaysia&rsquo s stronger growth, dealers said. At 6pm, the local unit traded at 4.1480/1510 against the greenback from 4.1600/1630 last Friday. A dealer said the ringgit continued to respond to the positive spillover from Malaysia&rsquo s 6.2 per cent economic growth recorded in the third quarter of this year as announced last Friday. &ldquo The sentiment was also lifted by the recent hawkish monetary policy statement by Bank Negara Malaysia, as well as expectations of a stronger economic growth and a wider current account surplus. &ldquo Looking forward, we expect the ringgit to recover gradually over time as the Malaysian economy is still expected to grow at a sustained pace,&rdquo he said. The dealer said the strengthening of the ringgit was also contributed by the weaker US dollar due to uncertainty over the US tax reform plan. It is noted that while the local note strengthened significantly, oil prices dipped three per cent during the Nov 8-16 period, indicating that the ringgit remained disengaged with movements in global crude prices, he added. The ringgit was traded higher against a basket of major currencies except the Japanese yen. It rose against the Singapore dollar to 3.0599/0623 from 3.0656/0685 and strengthened versus the euro to 4.8917/8961 from 4.9055/9103 on last Friday. It increased against the British pound to 5.5073/5134 from 5.5120/5168 last Friday but weakened vis-a-vis the yen to 3.6993/7026 from 3.6961/6998 previously. &mdash Bernama Read more at http://www.themalaymailonline.com/money/article/ringgit-continues-upward-momentum-to-end-higher#iAgmia5sMj0xirTv.99

 

 

The longer it takes to accumulate ... it will have higher possibility of going higher. It has been stuck in this range for quite sometime. I believe the BB is just waiting for the next Q or final Q result to be out before pushing it up.

 

quat pui pui puiiiiiiiiiiiiiiiiiiiiii

 

 

http://www.channelnewsasia.com/news/business/ringgit-s-rebound-continues-as-it-hits-more-than-one-year-high-9415678
 
 

 

Hv been watching for days liao leh... cannot break thr 285

mogambo      ( Date: 16-Nov-2017 11:13) Posted: 30 cents coming soon hold tight and watch the price move slowly up cheers currently in a stalemate

 

30 cents coming soon hold tight and watch the price move slowly up cheers currently in a stalemate

 

exactly there is already there is already a 20% gain made on the warrants for today  its quoting at 12 cents now.

dragonboy76      ( Date: 15-Nov-2017 11:10) Posted: correct. but will this counter go down further before going up? that is up to BB to decide common sense tells me it should go up in the future. but needs to get out before dump. there are some cases where it is pump and dump on the mother shares and resulting the warrants become worthless after expired. mogambo      ( Date: 15-Nov-2017 10:57) Posted: The warrants can be exercised only from today at 43 cents and will expire 5 years from today.

 

I dont think it will go down  ... the bonus warrants sellers have reduced by a huge margin now. there are 70 times more buyers than sellers for the warrants and the bid has as expected raised by 1 cents to 11 cents today........ there will be appreciation of price  on both ends.  Its fun and the Movie has just begun .. there is more multidimensional thrills all along the way.  But big gains will be made on both warrants and mother shares for those who bought at the current bottom.

dragonboy76      ( Date: 15-Nov-2017 11:10) Posted: correct. but will this counter go down further before going up? that is up to BB to decide common sense tells me it should go up in the future. but needs to get out before dump. there are some cases where it is pump and dump on the mother shares and resulting the warrants become worthless after expired. mogambo      ( Date: 15-Nov-2017 10:57) Posted: The warrants can be exercised only from today at 43 cents and will expire 5 years from today.

 

But these were bonus warrants issued to existing holders 2:5 at exercise price of 43 cents when the immediate close price was 40 cents and alloted at premium of 7.5% but many investors sold in panic and transferred it to others from 45 cents all the way down to 8 cents. The big bulls trapped all retailers to fear and sell in to them. The markets expecting 40% dilution in equity adjusted to the equity expected to float. The only ways other investors can exercise and sell the Mother shares in profits only over 43 cents. The bulls and bears will be still trapping many retailers fearing and selling. Only when the selling stops the price will appreciate. Keep a watch on the warrants traded too. The bulls can only expect to sell the warrants bought at lower price by pulling the price up. But the leverage is currently 5 times on warrants for the bulls.

dragonboy76      ( Date: 15-Nov-2017 11:10) Posted: correct. but will this counter go down further before going up? that is up to BB to decide common sense tells me it should go up in the future. but needs to get out before dump. there are some cases where it is pump and dump on the mother shares and resulting the warrants become worthless after expired. mogambo      ( Date: 15-Nov-2017 10:57) Posted: The warrants can be exercised only from today at 43 cents and will expire 5 years from today.

 

correct.

but will this counter go down further before going up? that is up to BB to decide

common sense tells me it should go up in the future. but needs to get out before dump.

there are some cases where it is pump and dump on the mother shares and resulting the warrants become worthless after expired.

mogambo      ( Date: 15-Nov-2017 10:57) Posted: The warrants can be exercised only from today at 43 cents and will expire 5 years from today. dragonboy76      ( Date: 15-Nov-2017 08:26) Posted: What u have mentioned is generally correct. But need to consider the fact that since warrant can only exerise in 2022, anything can affect mother she during these few years. BB can always push up mother share to entice investors like us to buy including the warrant. Once enough investor bought in, they can simply jump the mother shares and warrants within eg. Few months or so. I believe many also kena similar to what happen to rowsley.

 

The warrants can be exercised only from today at 43 cents and will expire 5 years from today.

dragonboy76      ( Date: 15-Nov-2017 08:26) Posted: What u have mentioned is generally correct. But need to consider the fact that since warrant can only exerise in 2022, anything can affect mother she during these few years. BB can always push up mother share to entice investors like us to buy including the warrant. Once enough investor bought in, they can simply jump the mother shares and warrants within eg. Few months or so. I believe many also kena similar to what happen to rowsley.

 

The sellers look to have dried up and buyers appearing, that is typically the stage set for a pump. A pump is more effective when the sellers start to disappear and the BBs have accumulate enough.

We shd see action soon.. once 29 cents taken out, the share price will chiong from there.

 

mogambo      ( Date: 15-Nov-2017 09:37) Posted: Price has moved over 20 SMA on daily charts and it will gain some momentum when the price crosses over the 50 SMA and might happen within this start to book your parking lots slowly and steadily

 

The BBs will try to pump and dump asap becos now still bull run stage, easier to execute than during a bear market.

Dun forget Heinemann bought duty free shares at $1.30 per share..now at 28 cents is at almost 52 weeks low.. The BBs will prefer to pump and dump when shares are trading at extreme low becos more meat for them

Look at addvalue tech, BBs also start pump and dump when it was trading at 52 weeks low of 3 cents. Now at 4+ cents, they dun do pump and dump cos is still not low enough..

dragonboy76      ( Date: 15-Nov-2017 08:26) Posted: What u have mentioned is generally correct. But need to consider the fact that since warrant can only exerise in 2022, anything can affect mother she during these few years. BB can always push up mother share to entice investors like us to buy including the warrant. Once enough investor bought in, they can simply jump the mother shares and warrants within eg. Few months or so. I believe many also kena similar to what happen to rowsley.