Interesting Facts but Maybe Insignificant...........

You learn new things every day. Most of them may be insignificant but certainly interesting.

An arm struck by Lightning

Satanic Leaf Gecko

The Insides of an Oyster

Strange 2-colour eyed cat

How giraffes drink

Smallest Horse called Einstein

Most beautiful Horse is from Afghanistan

Speaker Hannah Yeoh

Selangor puts a feather to its cap when they appointed Hannah Yeoh as the first Lady Speaker of a State Assembly this morning (21 June 2013).

This is a first for both State Assemblies and Parliament.

Putting decorum into place in Selangor

With this lady in the chair, I believe there will be more decorum in the august House  from both sides of the divide now.

Rare Past Photos of Significance

These are some of the photos collected for us to hand down to the next generations.

Enjoy......

The Clintons-Those were the Days

Arnold obtains US Citizenship

Castro at Lincoln Memorial

Christ the Redeemer in Construction in Rio

Constructing Statue of Liberty- Work in Progress

Constructing Disneyland

Einstein and his Sandals

Mediocre Einstein School Report Card

A Shell-shocked deer in Russia-WW2

The Tasmanian Tiger-Extinct since 1933

Aerial combat and Dog Fights over London WW2

Hitler-Triumphant in Paris

Nagasaki-20 minutes after the Atomic bomb

Real Bygone Japanese Samurais

First McDonald Outlet

First Ronald McDonald

Crabby Action on Christmas Island

This is the crabbiest place on earth. Christmas Island.

City Dwelling Crab

In December, some 120 million crabs come out of hiding and they make their way toward the ocean for their annual migration. As they live everywhere, they traverse municipal roads, your back lawns, driveways, the jungle, down cliffs, and even cut through the residents’ houses.

A Red carpet of Crawlies

They then mate and each female will lay 100,000 eggs which will hatch a month later in the ocean and these baby crabs will then head back to town and find homes amongst the humans.

That Beef Noodle Action at Lai Foong

The famous Lai Foong in downtown KL

Yes, I was introduced to this superb beef noodle soup by the late Alex Ooi.

To date, except for the hometown beef noodles that I tasted as a child in Jasin which still holds the record, none come close to this beef-noodle as Lai Foong.

The Stall

I was introduced to one opposite Lai Foong a long time back but it was just not up to my taste-buds.

Then PH introduced another to me that was just around the now torn-down old Klang bus station.

The Maestro

Different and again not to my liking.

The SEAPARK market beef-noodles was different as it comes with a strong scent of five spice powder.

This is the action!

So, verdict.....

Lai Foong beef-noodle still takes the cake!

Pharmaniaga-So Tightly Held

Boustead's Baby

The best ex-bonus and ex-split price was registered on 5th June where it touched RM 4.87.

The lowest price was RM 4.48 yesterday (13 June 2013)

Interestingly, there was no great selling in spite of the split and bonus.

The volume ranged from 205,100  on 7th June to 1,061,720 on 29 May 2013.

As such,one can see that Pharmaniaga is a collector's item and will go up with time with Boustead buying into it at the sideline.

Once the sellers disappears, then expect some ramping action even on small volumes.

Could be a perfect  time window for collection for retailers as well.

MAS-Digestion and Accumulation

Hope and Faith

When it went ex-rights in early May 2013, it was in everyone's mind that this is one counter which will go nowhere for quite sometime.

The par value of the MAS shares was written off by 90 sen to 10 sen.

On top of that, there was a cash call of  4 rights shares at 23 sen per share for every share held.

Believe me, the MAS shares were, however, oversubscribed by over 41.5% and  most who applied for excess  shares got their wish come true.

Upon the listing of the new rights, MAS shares lost 2 sen from RM 0.345 and ended the day at RM 0.325.

MAS's  theoretical value  was 32 sen.  At 0.325 sen, there was even a 0.5 sen premium when the rights got listed that day.

So, while they were still in the money of (0.325 sen -23 sen= 9.5 sen), numerically strong sellers came in and sold down MAS.

Share values subsequently rose to 41.5 sen before succumbing again to fanatical selling pressure  driving the price down to as low as 30.5 sen.

As always, those who had volume in their keep, sold for quick profits while those who somehow felt they "knew" the true value of MAS shares as a GLC took a chance to accumulate based on experience, hope and faith.

Buyers  may make quick bucks  on the remote chance if MAS goes up in the short term but the probability is that they may have to lock it up for for sometime  for their MAS shares  to turn into golden eggs.

Currently it is in the long phase known as the digestion stage. At this stage, sellers will continue to sell down until there is price equilibrium. At low price levels, buyers will come out in larger numbers if they believe the counter has reach a  value worth collecting.

Once selling has dissipated, then equilibrium will arrive and price will move upwards.

As MAS shares have fallen from 40 sen, it is about 10 sen cheaper now. Perhaps, it could be bargain time for some.

If today (12 June) is any indicator, selling pressure seems to have abated and by the lunch close, MAS shares actually managed a 1/2 sen rise to 31 sen. ( It has gone back to 30.5 again by 4 pm.)

While Khazanah has taken up all their rights, it seems EPF has sold down MAS and is no longer a major holder of the stock..

Let us see how the digestion and accumulation phase will go in the next few trading sessions.

PS: on 19 June, the selling seems very much restrained though buying persists.
Share of MAS is now still hovering around the 30.5 sen to 31 sen range.