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 STOCK MARKET DISCUSSION V150

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Bendan[520]
post Sep 4 2020, 09:48 AM

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QUOTE(AVFAN @ Sep 4 2020, 09:42 AM)
edge has never been a fan of gloves.

UOBKH just updated their reviww on TG - maintain overweight, target RM12.30.
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A lot of analyst still very keen on gloves..

Realistically speaking, the profit margin is there, it is an earning company..
Bendan[520]
post Sep 4 2020, 09:58 AM

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QUOTE(Krv23490 @ Sep 4 2020, 09:51 AM)
alot of companies are profitable.. but is the valuations justified ?

neutral here, i trade all stocks..
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For supermx I personally think the profits has not been priced in. Hence why I am still holding on the it.


Nevertheless, right now its not glove mania anymore, I got burned hard by carepls and comfort, each counter paper loss now around -30% bye.gif
Bendan[520]
post Sep 4 2020, 10:03 AM

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QUOTE(lamode @ Sep 4 2020, 10:00 AM)
perhaps DCA will help a bit when it finally go back up?  smile.gif
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DCA you mean by airlines?


Bendan[520]
post Sep 4 2020, 10:05 AM

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QUOTE(mitodna @ Sep 4 2020, 10:00 AM)
Same bro, I kena even more + Harta
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Ya kena burn.. next time dont chase.. take profits run asap for fundamentally not so good companies..

My supermx profit buffer can tahan this 2 loss counters. that's if supermx dont crash..
Bendan[520]
post Sep 4 2020, 10:05 AM

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QUOTE(AVFAN @ Sep 4 2020, 10:03 AM)
this is a key contention... more so for supermax.

some reviews maintain what spmx and tg have recently said - that they continue to raise prices, the best has yet to come.

two reviews so far have disagreed, saying their ASP is coming down already.

so, who knows for sure?

the best indicator wud be TQ QR on sep 17 since it wud capture a good portion of the rising ASP's till Aug 31.

until then, it's protagonists vs antagonists.

me, i have confidence TG and SPMX will continue to command good enuf prices for a long time.
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ASP coming down
Ringgit to USD is weaker now..
Vaccine News...


So many things all at once hammer the price down..
Bendan[520]
post Sep 4 2020, 10:33 AM

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https://www.scmp.com/news/china/science/art...ccine-trial-has


So its political play?
Bendan[520]
post Sep 4 2020, 10:34 AM

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Some glove counters already green, second liner gloves started the steady rebound..

SUPERMX always has the hardest hitters.
Bendan[520]
post Sep 4 2020, 10:47 AM

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FBMKLCI is back in green boys..
Bendan[520]
post Sep 4 2020, 10:49 AM

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Will this market rally sustain today? Close green?
Bendan[520]
post Sep 4 2020, 11:10 AM

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QUOTE(silverwave @ Sep 4 2020, 11:00 AM)
Retail  biggrin.gif

user posted image
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How do you check this up?
Bendan[520]
post Sep 4 2020, 11:53 AM

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Hands down,
off computer,

lost RM25k from aug-sep
Bendan[520]
post Sep 4 2020, 12:29 PM

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QUOTE(icemanfx @ Sep 4 2020, 12:25 PM)
The issue is most forgot or ignored the fact; price rise from buying. If one doesn't buy, how to expect price to rise?
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Bearish market now.. burned my hand hard hard... RM25,000 loss!
Bendan[520]
post Sep 4 2020, 01:05 PM

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QUOTE(icemanfx @ Sep 4 2020, 12:36 PM)
Until it is sold, loss is unrealised.

If you believe price will rise again, average down is a strategy. However, if you believe price is unlikely to rise back, could consider to cut loss for another better counter.
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Well bro, my trading portfolio is down 25%..

Still counted as loss. Need to recoup my losses and earn back..
Bendan[520]
post Sep 4 2020, 01:47 PM

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QUOTE(ry8128 @ Sep 4 2020, 01:19 PM)
Is it excluding tg and spmax which already split?
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Excluding, if I sell Supermx now profit 30k, can cover ngam ngam.. = no earn no loss.

This post has been edited by Bendan[520]: Sep 4 2020, 01:48 PM
Bendan[520]
post Sep 4 2020, 05:17 PM

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QUOTE(ZeroSOFInfinity @ Sep 4 2020, 04:52 PM)
Well, end of the day. All my portfolio are in red. But easily recoverable next week.
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So confident? I like it,

After losing 25k in a week... I think super bull trend coming back
Bendan[520]
post Sep 4 2020, 06:09 PM

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QUOTE(lowya @ Sep 4 2020, 05:55 PM)
i know a few things don't need to wait too long, try roulette for starter.

Unfortunately, trading/investing is not one of them.

Anyway, just encouraging someone who can come up with something more interesting that what has been regurgitated endlessly on a daily basis, if they are not bored, it's about time to tell them it's really boring reading those lines.
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For starters,

what tech and semiconductor stocks worth going in?


MI
UWC


too high now or good time for entry?
Bendan[520]
post Sep 8 2020, 04:52 PM

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Glove counters being manipulated to wash out pasar uncle and aunty.. hold tight if you believe in fundamentals or have holding power.. else u also gg
Bendan[520]
post Sep 8 2020, 05:09 PM

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QUOTE(yehlai @ Sep 8 2020, 04:57 PM)
Have faith also cannot buy TG and HLT yet.. look at the crazy PE
this is not Tech stock
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Ya dont go in for now.. I holding at dirt cheap price for supermx Rm5++

other glove i already cut loss total loss RM35k right now..

HLT I will skip.. if got reversal trend I only in

TG,Comfort and Carepls.
Bendan[520]
post Sep 9 2020, 11:47 AM

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Everybody cut loss now..

Big boys squeezing you guys.
Bendan[520]
post Sep 9 2020, 12:29 PM

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Sold supermx at least still got 5 digit gain intact. lock profit for now..

Waiting re-entry at RM5

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