Political risk

finally HSI in green, can close green or not lol.

I hope it can reach 24300 and rebound kuat kuat  

I prefer HGV for now

Meaning Pharmaniaga has ties with the government and fund managers usually do not like to pour money into politically linked companies.

errr. your calculator rosak?

In case you have forgotten, Pharma did bonus issue 4 for every 1 unit few months back. so your calculation is not valid

Talking about Bursa itself, QR is out.
NP down by 25%. You can see the volume normalizing already.

Bursa always trade higher PE than financial like banks. It's a monopoly business in the country. Very different business model.

U need to compare bursa to the likes of SGX or HKEX.

Yes. Agreed.
That's the reason of share price has been going downward lately as volume shrink.

But I see there is a difference compared to BAT.
Bursa is more like glove situation that normalise back to pre-covid level.

Comparable that I was mentioning, is about normalising, not about PE.
Bursa 1818 always trading at much higher PE due to its business nature and good dividend yield.

Those sudden big spike in selling price of facemask, gloves, and for Bursa, superb volume transaction due to goreng of glove share and others, now become a past, and starting to go back in normal state.

Going all in on BABA puts/ JD puts/ puts on every single China heavy ETFs/ Baidu. All in baby. China is no longer a viable emerging market. The next emerging market is Taiwan/Vietnam and hopefully Malaysia. Hedge fund crybabies asking people to buy the dip on Bloomberg TV/CNBC 24/7. If you have a subscription and watch Bloomberg religiously like me, these crooks whining on TV and give one thousand reasons why China is the 'next' emerging market and so much growth potential. Duh, the last thing they will do is help retail investors and let retailers have the opportunity to buy the dip. Why scream in your face on live TV to ask you nicely to buy the dip in Chinese stocks?

Screw Chinese stocks. Puts on every single one of them (with exceptions, still) Serious position: LEAP Puts on Baba expiring 2022 & MCHI 60p expiring 2022. Charlie Munger is wrong. China wants to take every company private and focus on EV companies. So calls on BYD/Nio/XPEV. Screw every other companies

Chinese stocks are not dead dead. But the large cap tech companies will all be privatised by state government. Brother Xi is afraid of big tech monopoly like the US of A and will throw the banhammer on all of them. Jack Ma is screwed. Liu Qiangdong is next on the hitlist. China is gonna funnel all money out of these 'greedy' tech companies and put them to save property companies like Evergrande and inject funds into green energy. China is going to be a green energy superpower. Tech will be state-controlled 100% by 2022. Property companies will recover and fly. China-focused ETFs will die. Chinese EV will skyrocket.

Nasdaq and S&P500 will continue to go vertical until our beloved JPOW leaves the chair. And god do I wish Jpow gets re-elected. American exceptionalism means America will continue to fluorish until aliens come and invade our planet. If America falls, we all fall. If China falls, maybe North Korea falls. Who knows

Bursa tech to 100. God do I hope these dumb hedge funds look to us as the next emerging market after they got burnt from 'buying the dip' in China. Taiwan, done goreng. Vietnam, done goreng. Look AT US. Serious position: Calls on IWM, all in Bursa technology large caps, all Bursa index blue chips and yes, including TopGlove (Boon3's favourite stock). Any export-heavy companies that benefit from weaker dollars. Buy ALL OF THEM. Long Ringgit Malaysia. Short USD. Once this political turmoil is over, it is our time to FLY and it is gonna happen soon. We are in the capitulation phase.

Thanks for listening to my midnight trade ideas