QUOTE(ZeroSOFInfinity @ Jun 29 2020, 12:23 PM)
can't determine what's causing this spike.scant info... cud b the new warrant pricing, offered tmr... or banks reevaluated share margin...?
STOCK MARKET DISCUSSION V150
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Jun 29 2020, 02:38 PM
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#121
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All Stars
24,463 posts Joined: Nov 2010 |
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Jun 29 2020, 02:52 PM
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#122
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All Stars
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QUOTE(ZeroSOFInfinity @ Jun 29 2020, 02:48 PM) Or we are heading to the 2nd Glove bubble..... other sectors in total red, only gloves going up....... think this... some people think it is fake news.... anyone??!! QUOTE Maybank IB share margin valuation 30 june. Comfort @ RM3.42 Harta @ RM10.52 Kossan @RM7.87 Ruberex @ RM2.21 Supermx @ RM7.41 Topglov @ RM18.00 |
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Jun 29 2020, 04:20 PM
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#123
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All Stars
24,463 posts Joined: Nov 2010 |
supermax and comfort ran off so fast and far.
will topglove n harta follow suit?!! |
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Jun 29 2020, 04:48 PM
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#124
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All Stars
24,463 posts Joined: Nov 2010 |
gloves had a nice run today... i think it will continue tmr morning.
hope all glove lovers are celebrating. |
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Jun 29 2020, 05:13 PM
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#125
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All Stars
24,463 posts Joined: Nov 2010 |
QUOTE(ZeroSOFInfinity @ Jun 29 2020, 04:58 PM) Jeez... when the KLSE goes into green because of gloves alone, you know just how volatile the market is. EPF better start supporting the other sectors too, else if gloves go south, ain't looking good..... that's the nature of the beast.all global bourses are going thru the same motions - only certain sectors are holding well, the rest r going down n down. take usa - only nasdag is strong, v strong... the teslas, googles and apples.... boeing, ge, banks, hospitality are going nowhere but down. here, we have gloves and only gloves.... there is nothing else.... think developers, construction, malls, resorts, oil n gas - all trembling. this will go on until a fully tested n effective vaccine arrives... 1, 2, 3 years... who knows? if exports drop 25%, where do u think it's from and which sectors getting hammered? https://www.freemalaysiatoday.com/category/...st-in-11-years/ epf... is not going to be able to do much. chances are, as usual, will be armtwisted to support glcs n "the usual suspects" even if bleeding... u know which ones. |
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Jun 29 2020, 10:21 PM
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#126
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All Stars
24,463 posts Joined: Nov 2010 |
ECB plans +1 trillion euros for bond buyback, europe all green.
US homes sales spiked.... Dow +3xx. here... hardly any good news... but can still expect most counters to go green tmr. be early to catch the worm! |
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Jun 30 2020, 12:25 AM
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#127
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All Stars
24,463 posts Joined: Nov 2010 |
reading a bit more, it is true about the share margin valuation change which triggered the massive buying of glove counters today.
did the IB's trim the valuation previously so that they can accumulate themselves?! note also for topglove, the directors and substantial share holders bought >10mil shares today out of total 24.4 mil traded. such huge buying says a lot, doesn't it? https://klse.i3investor.com/servlets/stk/7113.jsp probably same thing happened to supermax and comfort. we'll see what happens tmr... QUOTE Maybank IB Share Margin Valuation (Latest Revision) The ceiling price for rubber gloves counters effective 30th June 2020 Comfort @ RM3.42 Harta @ RM10.52 Kossan @ RM7.87 Ruberex @ RM2.21 Supermx @ RM7.41 Topglov @ RM18.00 **The valuation will be based on the ceiling price or last closing price, whichever lower. Maybank IB Share Margin Valuation as at 2nd June 2020 Comfort @ RM2.29 ; closed @ RM4.20 Harta @ RM8.97 ; closed @ RM8.97 Kossan @ RM7.87 ; closed @ RM9.13 Supermx @ RM3.38 ; closed @ RM7.95 Topglov @ RM9.41 ; closed @ RM15.54 This post has been edited by AVFAN: Jun 30 2020, 12:38 AM |
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Jun 30 2020, 08:55 AM
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#128
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QUOTE(zstan @ Jun 30 2020, 08:45 AM) ETFs in bursa somehow never caught on, not popular, illiquid.but bank's units trusts take blardy high commission, yet people still buy! QUOTE(theberry @ Jun 30 2020, 08:36 AM) that will b nice... can buy some more. |
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Jun 30 2020, 09:06 AM
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#129
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Jun 30 2020, 09:08 AM
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#130
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All Stars
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all hail gloves....!!
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Jun 30 2020, 09:52 AM
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#131
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QUOTE(ZeroSOFInfinity @ Jun 30 2020, 09:50 AM) some people take profit... chance 4 u to buy la!my hero today is harta... so v lucky to buy at lowest price. Gwynbleidd liked this post
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Jun 30 2020, 10:37 AM
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#132
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Jun 30 2020, 10:53 AM
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#133
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QUOTE(theberry @ Jun 29 2020, 06:44 PM) super high volume but RED.QUOTE(ZeroSOFInfinity @ Jun 30 2020, 10:51 AM) I am waiting to offload HLBB, but currently needs a quick rise in next 2 weeks before selling them. Then, the amount I got to put in RCE Cap, before ex-date. The rest I will put in MBB. those... will take a lot to move them, up or down. |
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Jun 30 2020, 11:20 AM
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#134
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QUOTE(ZeroSOFInfinity @ Jun 30 2020, 10:54 AM) Yeah, but still.... if worse come to worse, I just take some money and buy first, then wait for HLBB to reach my target before selling. i maintain my view... the only highly profitable sector/subsector in bursa now is gloves.BTW, dodged a bullet there in K1..... if u want to place some new money, look at gloves again. the technicals are now showing big bull, will run up more for some time. but nothing moves up or down in a straight line... gotta watch, buy at dips. supermax hv now crossed 8.00, topglove 16.00. harta will cross 13.00. just the big 3 will do, no need to look at others. |
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Jun 30 2020, 03:52 PM
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#135
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24,463 posts Joined: Nov 2010 |
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Jun 30 2020, 04:59 PM
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#136
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Jun 30 2020, 05:19 PM
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#137
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QUOTE(Kit-YJ @ Jun 30 2020, 05:16 PM) no idea... i was just looking at it since some people brought it up... was it yesterday? Kit-YJ liked this post
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Jun 30 2020, 06:07 PM
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#138
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QUOTE(GloryKnight @ Jun 30 2020, 05:46 PM) wrong thread, i think.here, bursa stuff. anyway... $22bil writeoff... run far far away... OnG wun recover for a few years. QUOTE(SGSuser @ Jun 30 2020, 06:03 PM) AT holders like me kena scam liao errr... what happened... made u go in... penny stock...im such an idiot enter this morning to join the wagon QR out gg company bad way to end june |
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Jul 1 2020, 07:51 AM
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#139
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All Stars
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if u made a profit in 1h2020, that's pretty good.
becos everywhere, it has been red-red. QUOTE In New Zealand, a country that has arguably had the greatest success in containing the coronavirus outbreak domestically, the NZX 50 index still sat approximately 0.4% lower so far this year. Taiwan’s economy has been hailed as having held up “extremely well,” but the Taiex has still fallen more than 3% in 2020. Southeast Asia’s best-performing market was Malaysia’s FTSE Bursa Malaysia KLCI Index — but even that was more than 5% lower for the year so far. In Vietnam, another country often lauded for its success in containing the virus, the VN-Index is still around 14% lower year to date. Here’s how other major Asia Pacific markets have performed so far in 2020, based on data from Refinitiv Eikon as well as CNBC calculations as of their Tuesday close: Australia’s S&P/ASX 200: -11.76% China’s Shanghai composite: -2.15% Hong Kong’s Hang Seng index: -13.35% India’s Nifty 50: -15.34% Japan’s Nikkei 225: -5.78% Singapore’s Straits Times index: -19.64% South Korea’s Kospi: -4.07% Thailand’s SET Composite index: -15.24% https://www.cnbc.com/2020/07/01/asia-pacifi...-half-2020.html |
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Jul 1 2020, 08:53 AM
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#140
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All Stars
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All glove TOP's are green... looks like continue from yesterday.
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