Thread: Dow drops 508 points, SET to test 500 barrier

IF anyone's looking at SET, check out GSTEEL - EPS .36, current price .30 (what did NSM cost??), after tanking from 1.30...looks like someone's been shaking the tree too much.

Even allowing for the CDS factor it's worth a heap more than that...anyway, mouth and trousers...I dipped the toe in at .32 and then topped up at .30, so am in the red as of this morning, but when it returns to .47-.48 that's my immigration deposit + exes covered for next year...fok it, someone's taking the piss.

Good day to buy PAD shares?

some stocks are now paying 22% dividends, solid business being heavily discounted, and reported double earnings and yet the local monkeys trash it, no fucking clue, like it was a casino to them

No rationale at all, just looking for bad news though it's already built in. Haven't looked but this one stands out and last I checked (bad conn) it was struggling to stay yellow.

My max loss is normally a religious 10%, but on this one will either sit it out or double up if it gets to .26-.27, even with SET expected to tank another 10-15%.

So, 384 for the SET. I make that a 3.4% loss for Butterfly following his 'MASSIVE' buy-in.

Good luck with that. Maybe a PAD takeover of the SET will help staunch your losses?

Originally Posted by bkkandrew

I make that a 3.4% loss for Butterfly following his 'MASSIVE' buy-in.

nice try, bkka, again showing your misunderstand of how markets works and how to compute performance, could explain your misunderstanding of everything financial

The index is down, but since I am not invested in the Index, I am not sure how you could conclude that I am also down 3% ? again made up facts and extrapolation from you, the usual. Technically I could be even be up or even more down than the Index. And to answer your question, I am still flat, about -0.5% from last time I bought. I am still leading the index by 50% for the year though, so not too bad

^

Question: When is a loss not a loss?

Answer: When its in Butterflyworld!

Question for you bkkandrew:

Has every stock on the SET lost 3.4% or is it some kind of an average

^Clearly the SET is a weighted average of the stocks listed on it. Your actualy loss will depend on which constituent socks you have purchased. Butterfly seems to be claiming success that his stocks have 'only' lost 0.5%.

On the other hand, having been in cash since Sept 07, my money has earned around 10%.

Originally Posted by bkkandrew

Question: When is a loss not a loss?

You wouldn't know what a profit is bkka, you couldn't even add the numbers from IceSave Financial statements, remember how you screwed that up, that was hysterical

Originally Posted by lom

Has every stock on the SET lost 3.4% or is it some kind of an average

It's the market cap performance of the SET, a composite Index. Bigger size companies will have a bigger impact than smaller companies. So a big drop in Siam Cement would drag the whole index even if you had 100 small stocks going up.

Originally Posted by bkkandrew

On the other hand, having been in cash since Sept 07, my money has earned around 10%.

Hum, so savings accounts are paying 10% now ? I think it's pretty clear you are full of it, there is no cash accounts that pays 10%, unless it's ICESAVE of course

Originally Posted by Butterfly

Originally Posted by bkkandrew

Question: When is a loss not a loss?

You wouldn't know what a profit is bkka, you couldn't even add the numbers from IceSave Financial statements, remember how you screwed that up, that was hysterical

Utter bollocks, as usual. You were shamed and embarrassed. I will repost the infamous Icesave post here if you persist in your lies.

Originally Posted by Butterfly

Originally Posted by lom

Has every stock on the SET lost 3.4% or is it some kind of an average

It's the market cap performance of the SET, a composite Index. Bigger size companies will have a bigger impact than smaller companies. So a big drop in Siam Cement would drag the whole index even if you had 100 small stocks going up.

That is why I said it was a weighted index. I assume you know what that means?

Originally Posted by Butterfly

Originally Posted by bkkandrew

On the other hand, having been in cash since Sept 07, my money has earned around 10%.

Hum, so savings accounts are paying 10% now ? I think it's pretty clear you are full of it, there is no cash accounts that pays 10%, unless it's ICESAVE of course

Nationwide paid 6.5% up until 2-weeks ago. over the 16-months I have been in cash, you will find that compounds out at around 10%.

Do you need help with useing the toilet and other basic things too?

Originally Posted by bkkandrew

Utter bollocks, as usual. You were shamed and embarrassed. I will repost the infamous Icesave post here if you persist in your lies.

You are probably the most intellectually dishonest person ever, even after AA and Boon Mee, you are a complete fraud

Originally Posted by bkkandrew

That is why I said it was a weighted index.

it could be price weighted, so you need to specify how it is weighted, otherwise it doesn't mean anything, you miss the most important part as usual, since you have no clue on what you are writing

Originally Posted by bkkandrew

Nationwide paid 6.5% up until 2-weeks ago. over the 16-months I have been in cash, you will find that compounds out at around 10%.

lol !!! again your problem with computing numbers and being specific instead of being vague and misleading in your statements. Only you would disregard that little detail out of sheer ignorance or just to promote misleading statement. So if I follow your logic I have actually earned 23%, but that wouldn't mean anything because I didn't specify the time frame or the annual rate of return. Silly Troll.

Originally Posted by Butterfly

Originally Posted by bkkandrew

Utter bollocks, as usual. You were shamed and embarrassed. I will repost the infamous Icesave post here if you persist in your lies.

You are probably the most intellectually dishonest person ever, even after AA and Boon Mee, you are a complete fraud

Says the person who lies and spreads false information.

Originally Posted by Butterfly

Originally Posted by bkkandrew

That is why I said it was a weighted index.

it could be price weighted, so you need to specify how it is weighted, otherwise it doesn't mean anything, you miss the most important part as usual, since you have no clue on what you are writing

And it could have been weighted by numbers of vowels in the companies' names.

Originally Posted by Butterfly

Originally Posted by bkkandrew

Nationwide paid 6.5% up until 2-weeks ago. over the 16-months I have been in cash, you will find that compounds out at around 10%.

lol !!! again your problem with computing numbers and being specific instead of being vague and misleading in your statements. Only you would disregard that little detail out of sheer ignorance or just to promote misleading statement. So if I follow your logic I have actually earned 23%, but that wouldn't mean anything because I didn't specify the time frame or the annual rate of return. Silly Troll.

Not clear? Which word were you stuck on when I posted this:

On the other hand, having been in cash since Sept 07, my money has earned around 10%.

Originally Posted by bkkandrew

So, 384 for the SET. I make that a 3.4% loss for Butterfly following his 'MASSIVE' buy-in.

Good luck with that. Maybe a PAD takeover of the SET will help staunch your losses?

I started buying back in last week and more this...looking at it unemotionally must confess it's a bit dumb considering SET is still on a downturn but couldn't resist...now will stay with my pick and accumulate to double the further it drops...the only way this one gets away is by going belly up.

Originally Posted by bkkandrew

And it could have been weighted by numbers of vowels in the companies' names

yeah, you have no clue as usual. For example, the Dow30 is price-weighted and not cap weighted, which makes it biased toward high price stocks. Did you know that ? of course not.

Originally Posted by bkkandrew

Not clear? Which word were you stuck on when I posted this:

yeah, your standard operating procedure is too be fuzzy and unspecific, like those IceSave numbers, and that infinite price elasticity cockup. You are fucking priceless.

Originally Posted by Butterfly

Originally Posted by bkkandrew

And it could have been weighted by numbers of vowels in the companies' names

yeah, you have no clue as usual. For example, the Dow30 is price-weighted and not cap weighted, which makes it biased toward high price stocks. Did you know that ? of course not.

Since I was the majority shareholder in a FTSE 250 company, the answer to your question is 'yes'...

No-one is fooled by your ranting, lies and attempts at bullying here.

Originally Posted by Butterfly

Originally Posted by bkkandrew

Not clear? Which word were you stuck on when I posted this:

yeah, your standard operating procedure is too be fuzzy and unspecific, like those IceSave numbers, and that infinite price elasticity cockup. You are fucking priceless.

I think you will find I was being quite specific:

On the other hand, having been in cash since Sept 07, my money has earned around 10%.

I will ask again, in this sentence, which word were you stuck on?

Originally Posted by bkkandrew

Since I was the majority shareholder in a FTSE 250 company, the answer to your question is 'yes'...

more fantasy from our boy bkkandrew, were you also the CEO of a major company in the FTSE 250

Originally Posted by bkkandrew

No-one is fooled by your ranting, lies and attempts at bullying here.

I'll say. You are the one making unfounded claims, lied when exposed, and stalk with your reds when everything else fails

Originally Posted by Butterfly

Originally Posted by bkkandrew

Since I was the majority shareholder in a FTSE 250 company, the answer to your question is 'yes'...

more fantasy from our boy bkkandrew, were you also the CEO of a major company in the FTSE 250

No, majority shareholder at time of IPO. Not that you would know what that means...

Originally Posted by Butterfly

Originally Posted by bkkandrew

No-one is fooled by your ranting, lies and attempts at bullying here.

I'll say. You are the one making unfounded claims, lied when exposed, and stalk with your reds when everything else fails

Again, every member of this board that engages with you know that you are simply describing yourself.

Pretty sad really.

Originally Posted by bkkandrew

No, majority shareholder at time of IPO.

and yet you live in a 5,000 THB condo on Ratchada

get real bkka, will you, I don't think anyone is buying your lies anymore, exposed too many times

Originally Posted by Butterfly

Originally Posted by bkkandrew

No, majority shareholder at time of IPO.

and yet you live in a 5,000 THB condo on Ratchada

get real bkka, will you, I don't think anyone is buying your lies anymore, exposed too many times

Nope, country retreat in the UK, aforementioned apartment on Ratchada, mia noi set up in an apartment in On Nut and other boltholes to boot.

Jealousy really gets to you, doesn't it Butterfly?

Originally Posted by bkkandrew

Nope, country retreat in the UK,

Let me guess, your parent estate

Originally Posted by bkkandrew

Jealousy really gets to you, doesn't it Butterfly?

oh yeah, I am very jealous

Originally Posted by Butterfly

Originally Posted by bkkandrew

Nope, country retreat in the UK,

Let me guess, your parent estate

As my mother died penniless many years ago and my father has not worked since the 1980's due to his medical condition, this suggestion is both offensive and ridiculous.

In other words, a normal post from you.

Originally Posted by Gaudente

to my opinion it is rebounding over the 254 minimum signed 27 Oct. I bought 2 futures a few minutes ago at 269.70 , target 333 signed on 5 Nov.
At these levels, P/E on SET 50 is about 5

I have just sold my 2 futures at 280.20 . Market is going further up (is 284 now) but to my opinion they are underestimating the damage from airport blockade , just think both THAI and AOT are in SET50.

Sounds like things are heading south at the moment.

Dow futures...
Pre-Market: Stock Trading Before the Markets Open from CNNMoney.com

They may change though with the rollercoaster rides nowadays

Well Butterfly "I invested massively when the SET was at 397" had another bad day:

Last Update : 01 Dec 2008 16:59:28

Status : Close

LastChangeValue
(M.Baht)SET

390.92
-10.92
11,581.77

SET100

573.63
-19.00
10,191.06

SET50

270.86
-8.97
9,446.30