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 STOCK MARKET DISCUSSION V150

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HereToLearn
post Dec 31 2020, 02:30 PM

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QUOTE(bakayaro11 @ Dec 31 2020, 02:04 PM)
As a newbie investor, are solar energy stocks good long term investment?
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Dont blindly follow others to buy, look into their projected growth, is the projected growth worth the current valuation for solar stocks? If yes, buy.

If no, just choose other sectors.
HereToLearn
post Dec 31 2020, 02:35 PM

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QUOTE(bakayaro11 @ Dec 31 2020, 02:34 PM)
Erm, Actually I don't have a lot of knowledge in the industry and its players. 😅 How come the PE of Cypark is so different from Solarvest and Samaiden.
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Balance sheet, cypark debt damn lot.

Maybe growth wise is different too
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post Dec 31 2020, 02:38 PM

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QUOTE(HereToLearn @ Dec 30 2020, 08:27 PM)
I am so ready for the RSS. Currently 70-80% cash, 20-30% equities, waiting for more opportunities to enter lower.
I am a cheapstake, will definitely appreciate if you guys can short any stocks until they are undervalued for entry.

Can try short gloves too, big money waiting to be made if trend continues, I will fight the trend when Topglov reaches below 2.

I only shorted index before, I have never short sell counters before, I dont know how and which counters can be shorted, but here's a possible profitable short selling list below rclxm9.gif
1. AA, AAX
2. gloves
3. all the pandemic related goreng pennies (e.g. gets, bintai, yongtai, notion)
4. steels that kena gorenged a damn lot (masteel up 50% a day, melewar up 70% a day, mycron up 50% a day)
5. downtrending counters (e.g. Tguan, GCB)
6. OnGs if OPEC decides to ramp up oil production
7. Maybe super high PE tech?

Update: I just check Steel tak ada dalam list  cry.gif, 1 less opportunity for short sellers, here's the list, good luck and happy shorting
https://www.bursamalaysia.com/sites/5d809dc...nuary_2021_.pdf
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Btw, if anyone is planning to short sell next Monday.
Please try GCB. Now already showing strong downtrend, easy money for you. Will greatly appreciate any short sellers if can short until below RM2.
HereToLearn
post Dec 31 2020, 02:40 PM

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QUOTE(Duckies @ Dec 31 2020, 02:39 PM)
Eh bro you looking to enter GCB also huh? Tag me ya when the correct time comes haha
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Will do bro cheers.gif
HereToLearn
post Dec 31 2020, 02:50 PM

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QUOTE(mroys@lyn @ Dec 31 2020, 02:47 PM)
180°, use Alt+0176, no thank  biggrin.gif
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I dont know how u did it, but I tried Alt+0176, there's nothing rolleyes.gif
Tech idiot old man here
HereToLearn
post Dec 31 2020, 02:55 PM

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QUOTE(statikinetic @ Dec 31 2020, 02:45 PM)
I think most of us here are wise to it.
A lot of newbie retail investors got caught, and left a bad taste in the mouth in terms of investing unfortunately.
One way to think about it is they bought a Degree in Stock Investing from KYY University. The rate SPMX is going, may end up being a Masters course soon.
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LOLLL, someone should make this into a meme rclxms.gif
HereToLearn
post Jan 4 2021, 09:06 AM

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All red, I think RSS is working
HereToLearn
post Jan 4 2021, 09:11 AM

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QUOTE(AbuBakarKia @ Jan 4 2021, 09:08 AM)
GG Glove counters.
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Not only gloves console.gif,

We are going down to 1600.

Anyone shorted the index? or shorted any counters?

This post has been edited by HereToLearn: Jan 4 2021, 09:11 AM
HereToLearn
post Jan 4 2021, 09:18 AM

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Btw if gloves drop 15% today, can try to play for intraday rebound.

Also, congratulations short sellers biggrin.gif
HereToLearn
post Jan 4 2021, 09:34 AM

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QUOTE(HereToLearn @ Jan 4 2021, 09:11 AM)
Not only gloves  console.gif,

We are going down to 1600.

Anyone shorted the index? or shorted any counters?
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1600 already, maybe we will go back to 1550 IF this momentum continues
HereToLearn
post Jan 4 2021, 09:37 AM

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QUOTE(HereToLearn @ Jan 4 2021, 09:34 AM)
1600 already, maybe we will go back to 1550 IF this momentum continues
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If 2mr cannot hold above 1600, can continue short selling, can make money
HereToLearn
post Jan 4 2021, 09:38 AM

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The FKLI futures thread is eerily silent today lol. I hope mike shorted the index
HereToLearn
post Jan 4 2021, 09:41 AM

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QUOTE(zstan @ Jan 4 2021, 09:40 AM)
it's only top glove severely dragging down the index though. foresee banks bouncing back in the afternoon.
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I personally think they will be indirectly dragged
HereToLearn
post Jan 4 2021, 09:43 AM

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QUOTE(ChAOoz @ Jan 4 2021, 09:40 AM)
1.6k level breached. But so far ok still my portfolio, i think biggest loser is the the outperformer of 2020.
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Still holding up, I think it is best to close shors positions if anyone shorted index. If breach below 1590, only consider reopening shorts
HereToLearn
post Jan 4 2021, 09:45 AM

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QUOTE(Angelpoli @ Jan 4 2021, 09:44 AM)
What TP good to go in glove counter?
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Topglove below 3.27 for FA entry (did not consider effect of mushrooming glove players, so you might want to enter much lower than that), TA entry I dont know, too risky to bet on a downtrending stock
HereToLearn
post Jan 4 2021, 09:50 AM

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QUOTE(Randomization @ Jan 4 2021, 09:49 AM)
Any potential counter that dropped to decent entry price?
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Wait only RSS just started day 1
HereToLearn
post Jan 4 2021, 09:52 AM

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QUOTE(HereToLearn @ Jan 4 2021, 09:50 AM)
Wait only RSS just started day 1
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IF KLCI can maintain above 1600 and show turning around signs, then only consider re-entering, else wait at KLCI 1550.

Dont bet when it is risky

This post has been edited by HereToLearn: Jan 4 2021, 09:53 AM
HereToLearn
post Jan 4 2021, 09:59 AM

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I think that's it for today, the biggest show is over, reach 1600 level.

Unless it breaks below 1590 today, then we have round 2 show
HereToLearn
post Jan 4 2021, 10:00 AM

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QUOTE(Syie9^_^ @ Jan 4 2021, 10:00 AM)
cancel RSS and it will drop further.

1200! slow dead whistling.gif
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Wah 1200, very ambitious. Are you going to short?

This post has been edited by HereToLearn: Jan 4 2021, 10:01 AM
HereToLearn
post Jan 4 2021, 10:05 AM

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QUOTE(minum susu @ Jan 4 2021, 10:01 AM)
IBs active trading hour usually starts after 10. So the REAL show has yet to come.
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IMO, i think today biggest show is over la. Everyone can go back to work, later boss marah

QUOTE(Boon3 @ Jan 4 2021, 10:02 AM)
Walauehhhh... you guys really think shorting so easy???

laugh.gif
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Not easy, I burned 15k before. Thats why dont simply short. Only short/long when you are quite confident

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