u can take a look at sg and hk banks which just released their QR's.

dbs, uob, ocbc all report 40% drop in profits.

share prices were declining all the way until QR, now rebounded a bit.

so, yes, best to watch prices as they near QR.

remember, the loan moratorium - this effect will take some time to show up in QR.

when should reenter NICE??
Will it reach 53cents ?

Q3 result will be the last QR that has moratorium effect, which will be published somewhere around end of this year.
With some banks almost 1/2 the share price, will the PAT after moratorium 1/2 their earnings? I am investing for a longer term (sometime after the post-moratorium and for the post low OPR value).
For PE 15 (normal valuation),
CIMB EPS = 5.75cents/Q as of current price of RM3.45, CIMB 1st quarter almost meet this (with moratorium, next 2 QR EPS is likely to be worse than this; unless trading revenue surges high like US banks)
BIMB EPS = 5.52cents/Q as of current price of RM3.31, BIMB 1st quarter already double its required EPS. *BEST BANK COUNTER in MY* So good because it is linked with Syarikat Takaful

Post moratorium earnings should be able to beat the required EPS

Agreed that it might drop more (because stock price is only as good as what the next buyer is willing to pay for), so no rush to collect. Hopefully they continue to drop more

I wonder HLT can go in now...?

Yeah surely won't go too high. Maybe 10 lots enough. Save some for the others later.

Since its quite low now, any increase after this will have some good profits.

Nah I follow the crowd mostly haha.

I smell blood.

HLT, notion, esceram...time to say byebye? Or better to hold till Monday?

Looking at things, I can't help but agree that gold is the trend now. Maybe that's the high people are chasing for.

But pandemic is still on-going. Gloves will always be needed for now. How many are buying gold anyway, and will it be as sustainable as time goes on?

My suggestion: can hold the gloves still, but goreng abit gold is fine.

Thoughts?

i like yr statement.

i picture a guy holding 2 pots and 2 pans, moving them from one stove to another.

in the end, all got charred.

Today is profit taking day. Unless things change at 4pm, can close.

i just entered 0.470 now dropped till 0.425... wtf MUI

Imo good time to buy some 'holding' stocks? MyEG price drop, INARI, etc

Super high PE ...but i notice malaysia tech stock all the PE super high

It is, but seems like good things to come, especially since bugger XOX got gorenged to hell and back for 5G news.

https://www.theborneopost.com/2020/08/03/in...-5g-transition/

Everywhere is red. Better run now.