QUOTE(zstan @ Aug 26 2020, 04:57 PM)
For someone who keep preaching about stock investing here you are a pretty funny guy. If Ambank earn 3.65b this quarter I all in my life saving.
STOCK MARKET DISCUSSION V150
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Aug 26 2020, 05:05 PM
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#141
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QUOTE(zstan @ Aug 26 2020, 04:57 PM) For someone who keep preaching about stock investing here you are a pretty funny guy. If Ambank earn 3.65b this quarter I all in my life saving. crystalclearlah, LoTek, and 3 others liked this post
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Aug 26 2020, 11:12 PM
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#142
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QUOTE(HereToLearn @ Aug 26 2020, 09:39 PM) After something happen = credit loss We can interpret it the other way. Higher loan provision = the bank has been too loose in their lending policy = the bank will have higher default rate when there is an overall surge in defaults across the economy.Before and anticipated things to happen = loss provision OR expected credit loss (ECL) How accurate is their ECL prediction model, this I dont know If you want to be safe, go for banks with higher loan loss coverage ratio? Not sure if anyone actually goes through financial statement/balance sheet before investing. But it is wiser to do so: a lot less risk, when you know the share value. IMO, banks are good for investments, but not good for trading. NOSH too high, very hard for sharks to collect MOST and swing it in a certain direction. Might still possible to do it, but sharks need A DAMN LOT of time to collect at low prices. But I am happy with the 7-10% dividend yield after economy recovery. This year prolly expecting less DY, but I go for long term, I am still in my 20s. With the anti-banks sentiment, I seriously dont see how bank share prices will rise significantly. Share price will only go up, once IBs or sharks have collected enough and start sharing news (most prolly they will use economy recovery as the trend later in 6 months - 1 year time) to push the share price up. Even then, don't just look at numbers. Look at other factors. How many times CIMB got data breaches? How many times CIMB lost its data tapes? How often CIMB Clicks website down? Who have the highest CASA (and hence cheap funds)? Which bank is more innovative always come out with new product? Which bank always just copy the idea from the innovative bank? Also, all these banks are held by professional fund managers who know a lot more than you, spend a lot more time analysing than you, and have larger funds to invest than you. Valuation for CIMB is cheaper because the fund managers believe it will not outperform Maybank for many reasons. pendekartauhu, LoTek, and 2 others liked this post
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Aug 27 2020, 01:25 PM
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#143
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QUOTE(bronkos @ Aug 27 2020, 01:17 PM) Suddenly the PE is not 10x anymore.If the dividend declared is halved, suddenly DY is not 8% anymore. |
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Aug 27 2020, 01:27 PM
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#144
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Another broker downgrades glove sector.
https://www.theedgemarkets.com/article/glov...wngrades-sector |
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Aug 27 2020, 02:17 PM
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#145
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Aug 27 2020, 02:52 PM
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#146
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Aug 28 2020, 09:31 AM
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#147
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QUOTE(Human Nature @ Aug 28 2020, 09:29 AM) I am using CGS-CIMB i-trade and wanted to sell some share. At the sell pad, I keyed in both sell qty and min qty. The status is rejected and deducted from my portfolio, qty on hand. Any idea what happened and how to cancel it? Thanks Check your order status at order book. |
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Aug 28 2020, 07:42 PM
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#148
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QUOTE(ZeroSOFInfinity @ Aug 28 2020, 07:17 PM) What are you smoking bro. He is talking about provision.CIMB posted quarter PAT of RM277 mil, compared to RM1.5b in the corresponding quarter last year. That's an 80% drop in PAT. On top of that the CEO said this: “The subdued performance in 2Q20 came within expectations and was largely attributed to the impact of COVID- 19. Moving ahead, we expect continued weaker performance for the remainder of 2020 in line with uncertain economic conditions, as we recognise elevated provisions arising from the impact of MEF under MFRS9 and take impairments on specific accounts outside Malaysia to strengthen our financial position. Those who think they are buying cheap at PE 8x may need to think again. If next 2 quarters post a loss you may get it even lower PE or even negative PE. This post has been edited by ComingBackSoon: Aug 28 2020, 07:49 PM Barricade liked this post
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Aug 28 2020, 10:59 PM
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#149
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Aug 30 2020, 07:24 PM
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#150
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QUOTE(ChAOoz @ Aug 30 2020, 06:37 PM) Airasia: NTA: 0.610, share price: 0.66 Then you should buy property developer's shares.P/B 0.3.Maybank: NTA: 7.300, share price: 7.33 Topglove: NTA: 1.29, share price: 26.28 GenM: NTA: 2.92, share price: 2.28 You no need genting to have massive profit, just don't incur further losses next Q and you would have own an incredible assets at below market value. If only it is as simple as that. LoTek liked this post
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Aug 30 2020, 07:47 PM
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#151
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QUOTE(ChAOoz @ Aug 30 2020, 07:40 PM) There is a difference, what i showed are dividend yielding blue chips. Given TG may not be consider value play anymore. If you are coming from a dividend yield standpoint I can't see any "big" difference. As far as I know, Airasia, Genting and Maybank are in deep shit cashflow wise, and all but Genting (somehow) has suspended dividend payment.Anyway properties developers the assets are the inventories. Big Different. If under construction, similar comparison would be suncon, georgekent etc |
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Aug 31 2020, 03:05 AM
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#152
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QUOTE(HereToLearn @ Aug 30 2020, 08:09 PM) Not entirely true for cash flow I have no clue what “digits” you’re talking about. Genting reported negative cash flow in its latest qr.Aa cash flow: started to be -ve since 2020Q1 GenM cash flow: +ve for the past 4 quarters, although it was 2 digits for 2020Q1, and 3 digits for 2020Q2; pre pandemic cash flow has always been 4 digits MBB cash flow: was -ve, but recorded +ve for 2020Q2 |
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Aug 31 2020, 05:38 PM
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#153
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QUOTE(HereToLearn @ Aug 31 2020, 10:44 AM) I also dont know what 'negative cash flow' are you referring to. Gen and GenM both reported positive cash flow statement in the past 4 quarters (including the latest qr) No clue where you get those numbers.GenM FCF for the past 4 quarters (2019Q3 to 2020Q2) ![]() Gen FCF for the past 4 quarters (2019Q3 to 2020Q2) ![]() With all being said, I also wont buy Gen and GenM for now. Official report by Genting: 1) Operating cash flow - negative 680 million 2) Net cash flow - negative 516 million. Source: https://www.gentingmalaysia.com/wp-content/...ess-Release.pdf |
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Sep 1 2020, 02:37 PM
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#154
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QUOTE(nauticat99 @ Sep 1 2020, 12:55 PM) hi fellow investors, traders, scalpers... Personally I don't buy into this idea as well. My opinion is that people who buys shares are NOT people who can be easily affected financially just because they need to resume paying loans. Everyone around me who buy shares definitely won't be affected.i am very curious why a lot of you keep saying the end of loan moratoriums will cause ppl to take their money out from bursa? Even when hse, car or ptptn loans resume, you are not gonna pay what you owe from the past 6 months in one shot. You are paying in monthly installments, hence i cannot understand how or why it should drag the market down? But if everyone thinks that the end of moratorium will negatively affect the market and withdraw their funds, it will become a self fulfilling prophecy. HereToLearn, triple02, and 1 other liked this post
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Sep 2 2020, 09:30 AM
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#155
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Sep 2 2020, 03:24 PM
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#156
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Hahhaa its the time where people start speculating at QR again.
400m, 800m, 1b, and now 1.2b. |
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Sep 2 2020, 06:59 PM
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#157
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Sep 2 2020, 09:29 PM
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#158
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Nobody talking about genting hk’s latest rpt selling zouk to LKT son?
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Sep 3 2020, 10:15 AM
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#159
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Sep 3 2020, 12:07 PM
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#160
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QUOTE(cherroy @ Sep 3 2020, 12:05 PM) Averaging down is not a good strategy for most retailers, as most retailers are not having as deep pocket as funds. Rather, most retailers do not have the discipline to maintain cash position. Got 1mil to invest, whack 700k in first entry. Got 10mil to invest, whack 7mil in first entry. Funds may constantly have new money coming due to people topping unit trust, insurance ILP premium, pension fund etc. How to average down? |
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