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 STOCK MARKET DISCUSSION V150

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HereToLearn
post Dec 10 2020, 03:10 PM

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QUOTE(joeblow @ Dec 10 2020, 03:07 PM)
Can I check with the gurus here, is foreign fund back to Malaysia market? Seems like the banks and those blue chip dividend companies bought up a lot by foreign funds.

My bank counters are now at breakeven point with some profit, even though I am looking to invest for retirement, I feel like selling to lock in the profit anticipating another big down. The Malaysia market is still seriously in the slums with a lot of unemployment and empty shophouse up for rental or sale. Maybe will have correction soon?

My broker says never wrong to lock in profits, which is true. But for the US market I locked in too soon and failed to buy back resulting in tons of missed profits. Very confused now. Appreciate some enlightenments.
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Not foreign fund.

If you foresee you need the money in near future, sell and lock in profit.

If you do not need it in near future, can still hold, uptrend is still intact according to my limited skills in TA. Ask Boon3
HereToLearn
post Dec 10 2020, 03:30 PM

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QUOTE(ben3003 @ Dec 10 2020, 03:26 PM)
haiz.. wat to do.. see also no happy.. suddenly kena called by office to have urgent meeting  cry.gif  cry.gif no eye see today 4.250 liao..
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console.gif

Wah siao liao my BIMB flew more

This post has been edited by HereToLearn: Dec 10 2020, 03:41 PM
HereToLearn
post Dec 10 2020, 03:44 PM

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QUOTE(ben3003 @ Dec 10 2020, 03:40 PM)
do u think now is still ok to buy? plan to buy and keep tho..
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Erm still have 20-30% upside for CIMB to precovid, I still have it in my portfolio.

For BIMB, still have about 10% upside to precovid, I also still have it in my portfolio.
I also have some takaful as well because takaful and bimb are like mother and son

But I think BIMB fundamental is stronger la, but maybe the new CEO can turn things around. Also, CIMB next Q profit should be good because they have set aside A WHOLE DAMN LOT of provision for the last 2 consecutive quarters

This post has been edited by HereToLearn: Dec 10 2020, 03:46 PM
HereToLearn
post Dec 10 2020, 03:57 PM

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QUOTE(ben3003 @ Dec 10 2020, 03:55 PM)
ohh okok.. thanks for the info.. i guess i have to wait for some pullback. now both cimb and bimb brother sister the price now lol.
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Always like that they always chase each other, dont know why just a pattern.

If one does not want to go into fundamental details, just buy the cheaper one and pray for it to catch up lol
HereToLearn
post Dec 10 2020, 04:05 PM

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QUOTE(ben3003 @ Dec 10 2020, 04:02 PM)
lol becos b and c, side by side only.. smile.gif my warchest stuck in glove also.. if not i could have enough to buy cimb earlier.. haiz. now this tg and spmx.. dunno how also. wait up also cannot up.  not sure what should i do.. cut loss and move on or hold saja
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Hahaha its ok man, everyone has different strategy, just pick the one you are most comfortable with thumbsup.gif
HereToLearn
post Dec 10 2020, 05:53 PM

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QUOTE(gapipig @ Dec 10 2020, 05:35 PM)
Right when I got in D&O, it closed red today lol
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BIMB, CIMB, Kpower, Slvest flew lol. Congrats Bendan. No so 笨蛋 after all

This post has been edited by HereToLearn: Dec 10 2020, 05:54 PM
HereToLearn
post Dec 10 2020, 09:27 PM

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QUOTE(ChAOoz @ Dec 10 2020, 08:39 PM)
Anyway seemed i entered at wrong timing. A downtrend seemed to be forming.

What's your take based on the charts ?
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Run cool2.gif
HereToLearn
post Dec 10 2020, 09:39 PM

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QUOTE(ChAOoz @ Dec 10 2020, 09:33 PM)
Why care to elaborate what you saw ?
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The red bar diminishing

HereToLearn
post Dec 10 2020, 11:06 PM

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QUOTE(icemanfx @ Dec 10 2020, 10:44 PM)
Heard a glove big boy may be fined RM 90m for labour law infringement.
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Show source bro
HereToLearn
post Dec 11 2020, 10:35 AM

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QUOTE(gapipig @ Dec 11 2020, 10:21 AM)
yeah how come ar?
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There's this thing called loan loss provision (acted as buffer against NPL), they have already allocated a huge amount for that. So basically the coming NPL will be absorbed by this fund.

Rose most likely because, the NIM is normalizing instead of temporarily decreasing when OPR started to be cut. When OPR starts rising, NIM will be temporarily raised.
So when OPR starts rising, banks will temporarily do better.

When you start seeing OPR rising, the share price will be shoot even higher temporarily. Like how it plungged temporarily due to OPR cut, one off modification loss and NPL. Since, you know that this improved in fundamentals due to OPR rising is temporary, and the share price will only be elevated temporarily. You should start exiting once the OPR stops rising.

This post has been edited by HereToLearn: Dec 11 2020, 10:38 AM
HereToLearn
post Dec 11 2020, 10:37 AM

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QUOTE(Boon3 @ Dec 11 2020, 10:30 AM)
That's why the current rally should be called HOPE rally.

But then ... some would say ... stocks are always priced to the future..

It doesn't matter how the company is currently performing (earning wise), the market is only interested in what the stock will earn in the future....

lol ... best example .... TG...

in March... many whacked into glove stocks .... were the stocks really earning big money, then? NO.
However, the expectation is due to the pandemic, the stock will earn fantastic money in the future....

Hence, IGNORING the current earnings... stocks like Supermax and TG returned investors/speculators/traders/punters multi baggers....

They were CHASING the future money...... while ignoring the present.
Ahhhh.... from this perspective .... I am sure you know what I am getting at....  doesn't this forward thingy giving us a great understanding?

Despite the unusual, the terror, the fantastic, the boom boom pow earnings companies like TG are reporting ... the market is .... ignoring it. Correct?

If so ... one just gotta ask this ...... is the market pricing the glove stocks to its future earnings prospects?
think about that......
icon_rolleyes.gif
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Yes back then the gloves were PE 3 digits pricing in for the future growth. Does it make sense back then? NO, but if you projected the earnings to the current earnings they are having now. The price definitely makes sense.
HereToLearn
post Dec 11 2020, 10:45 AM

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QUOTE(Boon3 @ Dec 11 2020, 10:40 AM)
I object to your nick.... change it lo.... change to HereToTeach.  thumbup.gif  thumbup.gif
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No la, still have a lot to learn from people here. I started off with pure fundamentals, and then I figured out it doesnt work well in bursa.
So I slowly learnt and still learning about technical, sentimental/thematic play from people here biggrin.gif.

I actually created this account to learn about the property market, but after doing some studies, I dont find property attractive, too overvalued IMO.
HereToLearn
post Dec 11 2020, 10:55 AM

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QUOTE(Boon3 @ Dec 11 2020, 10:50 AM)
Don't ever throw the fundamentals away.

Fundamentals of the company ... this creates the sexy back factor .... the seduction factor ....
If market is not lured into the stock..... the stock will not jalan ownself upwards....
their will be no ooooomph....

so knowing the fundamentals is much more important than the damn chart.
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I think they are equally important hahaha.

If you buy into a fundamentally strong company without technical you have to wait until people starts pushing it.
with both technical and fundamental, you can buy good companies with people already pushing it and earn money much faster rclxm9.gif
HereToLearn
post Dec 11 2020, 11:13 AM

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QUOTE(nauticat99 @ Dec 11 2020, 10:58 AM)
You think OPR going to go up? With the current situation, raising it will cause further mayhem to man on the street. Doubt current finance minister/BNM would dare to do it now or in the near future.
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Not so soon definitely, NIM normalizing is good enough for the banks to rebound to pre-covid IMO

QUOTE(silverwave @ Dec 11 2020, 11:11 AM)
Tenaga also dropping, worth to enter now or wait for below Rm10?
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Have never successfully break above EMA200 + no red bars, can still wait I think

This post has been edited by HereToLearn: Dec 11 2020, 11:16 AM
HereToLearn
post Dec 11 2020, 11:49 AM

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QUOTE(ChAOoz @ Dec 11 2020, 11:29 AM)
This probably signal a changing of trend for our bursa index.

Yeah i'm really amazed by the way public bank goes. Liquidity and guts is still plenty in this market.
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Scientex good rebound, congrats
HereToLearn
post Dec 11 2020, 12:38 PM

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QUOTE(gapipig @ Dec 11 2020, 12:03 PM)
Is it too high to go in now ?
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I think it is a technical rebound at the 50 EMA. Your call
HereToLearn
post Dec 11 2020, 02:01 PM

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QUOTE(kembayang @ Dec 11 2020, 01:20 PM)
OMG PBB 22

Still worth to enter bank stock?
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PBB too expensive and higher than pre-covid, try other bank counters
HereToLearn
post Dec 11 2020, 02:04 PM

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QUOTE(gapipig @ Dec 11 2020, 01:42 PM)
I'm sorry, I'm very new at this. Can you explain that like I'm 5 years old ?  blush.gif
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Basically hitting the support line and hence the rebound, but overall still downtrend IMO.
But my TA sucks, just saying.
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post Dec 11 2020, 04:17 PM

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QUOTE(skty @ Dec 11 2020, 04:15 PM)
is those your own records or there is a website recording down all the data?

I lazy wanna record down day by day.  doh.gif
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https://www.pickastock.info/MarketParticipation
HereToLearn
post Dec 12 2020, 11:26 AM

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QUOTE(EBBattlefield @ Dec 12 2020, 10:30 AM)
game over bro,
time to cut loss and go bank...
zeroinifity also open tered say give up already
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He opened tered and told us to buy recovery stocks on Nov 17

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