Today I was chatting with a Taiwan friend. He said gloves stock in Taiwan very hot now. Makes tons of money this year compared to previous years. Much like our gloves companies. Strange thing is Taiwan stock market not really pricing in the future？ Or maybe they think this virus isn't going anywhere soon even though Taiwan having mini outbreak now like 100 to 300 plus new cases per day, compared to us going to 10k!

How is TG listing in HK going? Seems quiet now...

You know me I've been bearish on glove for a long time and a perma tech/steel bull. I am not recommending you to average down.

All the retail investors have been butchered. And furthermore, quite a number of funds are still holding their positions with decent foreign institutional support. 40 billion market cap compared to Supermax with only 10B. Plus TopGlove still has one of the highest RSS position and I hate to use the word but there could be one final 'short squeeze'. Take a look at Ecoworld's chart.

Buy the fear right? Anyways, I won't forget the customary #BursaTechTo100

Bro why u always ask about SCIB? I cut my losses at 1.7 already and only hold like 20 lots. I didn't buy much

it will... 1500 even.

raging covid, bad politics, people no income.... + rising shipping costs, commodities, inflasi...

putraj behaving like a deer in the headlights.

FDI kept going out.. 
Such a good undervalued stock, but kept being beaten down.. sadd..

Old folks pulling out money from Bursa. Hentam kuat today if you have emergency savings. This is mega sales

Interest rate decision next week. Consensus is unchanged. Once again, low interest rate is bullish for high CaPex companies. Remember that most factories especially those owned by large corporations can still operate. Except certain steel and commodities companies. This is the time to be greedy

World of cause, Malaysia is forever lagging behind. but i don't discount some tech, plastic and packaging, and furniture export based as those industry can survive.... as long government doesn't add additional burden to them

Folks, prepare for headwinds in the local market.
Govt may not be able to fund current stimulus plans, says Fitch Solutions
FMT Reporters -July 22, 2021 12:05 PM

Fitch Solutions said the recent and ongoing lockdowns would result in a spike in unemployment, thus affecting recovery prospects in domestic demand.
PETALING JAYA: The government might not be able to finance current stimulus packages or any others in the future due to various constraints that it is facing, says Fitch Solutions.

The research arm of international ratings agency Fitch Group noted that Putrajaya had announced a number of stimulus packages in 2020 and 2021, running into billions.
According to finance ministry data, in 2020 the Perikatan Nasional government rolled out four packages valued at RM305 billion with a fiscal injection of RM55 billion. In 2021, it rolled out four packages valued at RM225 billion with a fiscal injection of RM26.8 billion.

“However, the Malaysian government is reaching a point where it may not be able to finance the current plans, or other future stimulus plans,” it said in a report on the country’s consumer outlook.

It said any stimulus measures announced by Putrajaya in the coming weeks were not likely to top the packages announced last year, although the 2020 stimulus plans were relatively smaller compared with that of countries like Singapore and Hong Kong.
“The high public debt load is likely to have a negative impact on investor sentiment towards Malaysia and could raise its borrowing costs further.

“We highlight this as a significant risk to the Malaysian consumer, who is likely to face another six months of restrictions and subsequent job losses and/or pay cuts,” it added.

It forecast consumer spending recovery to prolong and spill over into 2022 due to the protraction of Covid-19-related economic pressures, noting continued restrictions on non-essential retail sectors, movement limitations and the limited fiscal space for renewed support.

According to Fitch Solutions, the recent and ongoing lockdowns would result in a spike in unemployment, thus affecting recovery prospects in domestic demand, while government consumption was not likely to provide meaningful support.

It reviewed its real household spending projection to 3% year-on-year in 2021 compared with 11% previously, although this was still a recovery from the 3.7% contraction estimated over 2020.

“We also note that continued restrictions on interstate and inter-district travel within the Klang Valley, which accounts for about 60% of retail sales in the country, will delay this recovery.

“However, these restrictions continue to speed up the development of the country’s e-commerce sector.

“The online retail sales index, which portrays e-commerce activity, continued to surge to record 23.1% growth year-on-year.”

While inflationary pressures were rising globally, Fitch Solutions forecasts inflation to remain modest in Malaysia at an average of 1.3% and 1.9% year-on-year over 2021 and 2022 respectively.

https://www.freemalaysiatoday.com/category/...itch-solutions/

It is monopoly cash rich business, company earns every transaction, be it market goes up or crash.

Many investors use dividend yield as benchmark instead of PE.
A 6% yield is better than Fixed Deposit of 2%.