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 STOCK MARKET DISCUSSION V150

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Kar Weng
post Mar 6 2021, 02:08 AM

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QUOTE(hedfi @ Mar 5 2021, 10:41 PM)
#bursakgb movement šŸ˜„
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We totally be needing this
Kar Weng
post Mar 8 2021, 10:25 AM

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QUOTE(ChAOoz @ Mar 8 2021, 08:08 AM)
The biggest money market fund is vanguard vmfxx, which hold mostly treasuries bills and cash. Others MMF are also similar in nature but perhaps different kind of debt obligations.

To me i consider treasuries as basically government bonds.
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Uncle Vanguard, is that how you were named? šŸ˜‚
Kar Weng
post Mar 8 2021, 10:31 AM

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Serbadk broke its curse today surprisingly.
Kar Weng
post Mar 8 2021, 10:32 AM

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QUOTE(howyoulikethat @ Mar 8 2021, 10:17 AM)
Morning folks. Since a few forumers here are in KGB, I'd like to hear your reasons on whether you cut or hold? 

My reasons for KGB are as follows:
1. Assuming chip shortage is real, (rumours that TSMC has surplus capacity) semicon factories need KGB's service. New suzhou factory might handle more contracts in China, amidst Made in China 2025 policy & chip self-reliance.
2. Next financial year would probably be much better, due to low base in 2020.
3. Cash from operations increased to ATH.
4. Dry ice business improving.
5. Proxy to tech sector. (its business is engineering)
6. Track record of profitability & dividends.

My mistakes:
1. Given 50ma>200MA, buying the dip might be good, riding the uptrend.
2. With research reports written, & Aberdeen's entry, I figured that fundmanagers accumulated some shares, reducing liquidity. But I overlooked that Aberdeen previously FIFO in Aeon, resulting in volatile prices.
3. Share price rising too quickly since Dec, correction imminent.

Averaging down if KGB falls further. Holding to 2 years.
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Great sharing. I’m still stuck at the 2.3* penthouse and I can no longer convince myself it’s for the long term. Thinking if I should heavily average down at 1.8x or not. What’s your ideal price to average down?
Kar Weng
post Mar 8 2021, 10:34 AM

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QUOTE(oldmanbythegarden @ Mar 8 2021, 10:16 AM)
Is anyone familiar with the company listed in Hong Kong?
Due to inherit from a family member who passed away, I need to change the name from his to mine.

I just receive the Will and also the Msia court document (probet), I not sure where to go from here.
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That seems like a legal matter you might not find it suitable to ask in a lowyat forum thread.
Kar Weng
post Mar 8 2021, 10:36 AM

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QUOTE(ChAOoz @ Mar 8 2021, 10:28 AM)
Today is a good day for long term investors. Traders not so. Blue chips slowly inching upwards.
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Adrenaline rush for the diamond hands.
Kar Weng
post Mar 8 2021, 11:20 AM

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QUOTE(Taikor.Taikun @ Mar 8 2021, 11:07 AM)
My GenM is recovering well. Huge capital there
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Regret taking profit after analyzing their latest QR. Saw the cash dropped from 6B to 2B and over-optimism on recovery had me worried. It seemed to me like it’ll take years before resuming its former glory.

But it seems like once a trend is strong it’s strong. Investors are probably confident that lifting of restrictions plus Skyworld will bring the figures back.
Kar Weng
post Mar 8 2021, 01:10 PM

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QUOTE(pinksapphire @ Mar 8 2021, 12:43 PM)
Yeah, I thought so too...can anyone confirm if they don't have cut loss function?
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They don’t. They’ll match as long as your order is met. E.g you put sell order at 0.5, if market price is trading at 0.6 your sell order will go through
Kar Weng
post Mar 8 2021, 01:11 PM

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QUOTE(RiriRuruRara @ Mar 8 2021, 12:59 PM)
thanks for replying, hope my mistake didnt cost me too much money..
Does this goes same for buying too? Lets say i want to buy a share at 0.60 but if current price is 0.70 they will buy it at current 0.70 price???
They should put a message there to tell people this things...
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Buy is opposite. So you put 0.6 it will only buy UNDER 0.6

Basically it’s the highest price you’re willing to pay when you BUY, and lowest price you’re willing to accept when you SELL. Anything beyond your limit will go through.
Kar Weng
post Mar 8 2021, 03:58 PM

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QUOTE(bakayaro11 @ Mar 8 2021, 03:31 PM)
What do you guys think about poultry? Hotel and tourism industry reopening will increase the demand for chicken and eggs, right? Is it mostly priced in or they still have leg to run?
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What would be the related stocks other than QL that sells eggs? Sorry not familiar with this sector, no harm hearing and learning more!
Kar Weng
post Mar 8 2021, 04:03 PM

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QUOTE(skty @ Mar 8 2021, 02:19 PM)
Actually I don’t recommend to play short term.

If one can’t do well in long term, better not play short term. Unless you just gamble or try luck, to be consistently making profit in short term is much harder than long term.

Learn to be good in long term first then can venture into short term for extra nasi lemak. The big profit will come in the long term investment, not short term trading.

My 2 cent.
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Not the reminder we deserve, but the reminder we need biggrin.gif
Kar Weng
post Mar 8 2021, 08:12 PM

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QUOTE(angkhian @ Mar 8 2021, 05:41 PM)
It's near to 20% loss in my portfolio now.  bruce.gif
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Relax, I’m already at a 23%+ loss. It’s not the end of the world.
Kar Weng
post Mar 8 2021, 11:50 PM

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QUOTE(Deathscythe@@ @ Mar 8 2021, 09:23 PM)
Bosses of KGB acquired shares today. Why I feel like this counter like Gloves? To average down or cut loss guys? Bought at 1.9 yesterday. šŸ˜‚
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That could mean it’s finally approaching its fair value? Just losing a tender on SMIC created too much overreaction.
Kar Weng
post Mar 9 2021, 11:39 AM

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QUOTE(pinksapphire @ Mar 9 2021, 11:31 AM)
Sold some of my KGB at 1.85 with 20%+ loss.
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Ouch, I’m still holding at 20%+ loss ah jiejie
Kar Weng
post Mar 9 2021, 11:40 AM

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QUOTE(pinksapphire @ Mar 9 2021, 11:32 AM)
I've learnt that market goes by sentiment that's not supported by logic, so stocks like these can go up for no apparent reason other than they're in tourism.
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Exactly what I’m feeling too. Market feeds on trend more than fundamentals in the short run.
Kar Weng
post Mar 9 2021, 11:51 AM

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QUOTE(Duckies @ Mar 9 2021, 11:48 AM)
That's just how it is at this current super bull run situation. With so many retailers..all like to goreng goreng. If the counter got hype and sentiment, then it'll fly without logic. At times, FA might seems not useful at all. In this case we just combine FA and TA together and try to find some nasi lemak money sweat.gif

As for KGB, alternative way is to cut and re-enter at lower. Now might dropped 20%..mana tau later 40%? so if cut now and re-enter later..the profit will be much better. However, this method doesn't apply to all counters ya.
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Not sure about TA but I find FA to be useful in protecting my downside risk (KGB was the time I didn’t use my head). It’s just not quite as good in catching trend a.k.a the fast money.
Kar Weng
post Mar 9 2021, 12:03 PM

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QUOTE(Duckies @ Mar 9 2021, 11:53 AM)
Yea, that's why combine FA,TA, hype and sentiment for short-mid term. For day trade/trading, TA. But sometimes just FA and no TA, hype and sentiment also hard...example glove sweat.gif
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I think one side that many ppl ignore about FA is looking at the business prospect in the next 3-5years rather than just purely the numbers. That’s the case for gloves, good PE stellar profits but there won’t be another covid19 panic cause we’ll learn how to manage the situation without PPE shortage.

Another thing is to look at a longer horizon beyond the trend’s pressure. The trend is evidently AGAINST gloves now and FAVORS recovery stocks so gloves will be given low valuation, but how long will this trend last and will this matter in a longer time frame? A true FA has to ignore most of the short to mid term white noises.

Things to ponder about.
Kar Weng
post Mar 9 2021, 03:44 PM

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QUOTE(joeblow @ Mar 9 2021, 02:51 PM)
Anyone knows the ex date for BAT and TNB? Can't find the latest online...
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Im waiting for TNB’s announcement too. i think they’ve confirmed the dividend amount only but not the ex-date
Kar Weng
post Mar 9 2021, 03:46 PM

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QUOTE(howyoulikethat @ Mar 9 2021, 02:48 PM)
Do you want to stay with TS Lim's company for long-term, like me?  brows.gif

jkjk

If you believe the conspiracy theory, that short sellers are Big Evil Boss causing depressed glove stock prices, & glove undervalued now, then probably you might wanna try.

If you think the glove high ASPs are sustainable, then probably now might be a good time. The opposite is also true.

IF you wanna tikam, good luck with your punt.
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I’m probably the rare investor that never touched a glove counter all my life, but TG’s current valuation and dividend is kinda attracting me.
Kar Weng
post Mar 9 2021, 05:00 PM

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QUOTE(anakMY @ Mar 9 2021, 04:09 PM)
do u think it can still drop? the PE is so low already. It's undervalued.
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Dont be fooled by the PE, if future earnings can’t catch up, the PE will increase without the share price increasing. I’m more attracted to the amount of cash they’re holding. It could mean business expansion/R&D like Harta. It could mean a big chunk of special dividends that ā€œmightā€ make up for a potential loss in capital. Anyways it’s all just speculation now.



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