How should we judge a government?

In Malaysia, if you don't watch television or read newspapers, you are uninformed; but if you do, you are misinformed!

"If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing." - Malcolm X

Never argue with stupid people, they will drag you down to their level and then beat you with experience - Mark Twain

Why we should be against censorship in a court of law: Publicity is the very soul of justice … it keeps the judge himself, while trying, under trial. - Jeremy Bentham

"Our government is like a baby's alimentary canal, with a happy appetite at one end and no
responsibility at the other. " - Ronald Reagan

Government fed by the people

Government fed by the people

Career options

Career options
I suggest government... because nobody has ever been caught.

Corruption so prevalent it affects English language?

Corruption so prevalent it affects English language?
Corruption is so prevalent it affects English language?

When there's too much dirt...

When there's too much dirt...
We need better tools... to cover up mega corruptions.

Prevent bullying now!

Prevent bullying now!
If you're not going to speak up, how is the world supposed to know you exist? “Orang boleh pandai setinggi langit, tapi selama ia tidak menulis, ia akan hilang di dalam masyarakat dan dari sejarah.” - Ananta Prameodya Toer (Your intellect may soar to the sky but if you do not write, you will be lost from society and to history.)

Thursday, January 27, 2011

Bursa Saham KL: when small timer meets someone smaller...

I have told myself not to place orders in case someone sold to me or bought from me, the minimum trading lot of 100 shares instead.

This afternoon, I was looking at a number of counters and picked Wong Engineering for its low price because of recent losses, but with a NTA of 70 sen. The situation was Buyer 0.275 and seller o.285. I calculated 0.005 on 10,000 shares would mean a difference of Rm50. I placed an order online to buy 10,000 at 0.28 and the screen showed Buy 100 0.28 and Sell 50 0.285. I could not believe it when the screen showed Buy 99 0.28 and Sell 49 with 1 lot done at 0.28! It was precisely 3.33 pm. I called up my good friend to tell him that if it continued till 5.00 pm, I would end up having to pay Rm12.00 minimum brokerage plus stamp and clearing fee for 100 shares costing only Rm28! Around 45%! Based on the change from Sell 50 to Sell 49, it would mean someone meaner than me, actually took out the order to sell 100 shares at o.285 in order to sell it to me at 0.28! Why? I am still wondering, considering he or she had to pay disproportionately high brokerage. Anyway, lesson learnt. I still can't get over the fact that for almost one and a half hour, nobody wanted to sell to my remaining order for 99 lots at 0.28.
Link

No comments: