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 STOCK MARKET DISCUSSION V150

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Kar Weng
post Mar 9 2021, 05:01 PM

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QUOTE(icemanfx @ Mar 9 2021, 03:51 PM)
Past, current and future could be substantially different.
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Yeap that’s exactly what’s holding me back.
Kar Weng
post Mar 9 2021, 05:03 PM

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QUOTE(pinksapphire @ Mar 9 2021, 11:58 AM)
Yeah, I remember yours the same as mine. So wanted to share what I did, lol
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So jie jie sold/CL all units already? Am i all alone in this expensive penthouse now?
Kar Weng
post Mar 9 2021, 05:26 PM

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QUOTE(AVFAN @ Mar 9 2021, 05:10 PM)
depends who u ask lor...

some will say rm2 is too high.

JP Morgan says 3.50.

some other said below, made it to CNBC:
...

at 4.44pm, there was a lot of pushing down on TG price... from 5.18 to 5.10-5.11.

i was too slow, tried to catch 5.11, failed.

4.45pm onwards, likely same party started to gobble up all the way to 5.19, buying 0.5mil shares at 5.19 itself.

shorties, sharks, whales, dragons... beware! laugh.gif
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Like the Cantonese’s saying, god also is you, ghost also is you. One second the professional analysts say it’s overvalued faster sell, now they say it’s unjustified faster buy more. A dangerous game for retailers.

Kar Weng
post Mar 9 2021, 05:28 PM

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Anyway guys, what do you think of Kpower at its current price point? Is it still overvalued?

What would be the ideal price you’d start accumulating Kpower? Any input is welcomed!
Kar Weng
post Mar 9 2021, 09:09 PM

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QUOTE(angkhian @ Mar 9 2021, 08:54 PM)
Im still all in. Haha wanted to CL today but it’s okay. Let’s see how it goes tomorrow.
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I’ll see how it goes at least till the next QR
Kar Weng
post Mar 9 2021, 09:13 PM

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QUOTE(pinksapphire @ Mar 9 2021, 07:53 PM)
Hehe, I'm sure there are still others, and they won't think it's a penthouse.
I still have more than half left from my total. I cut cuz wanna reduce my loss exposure in case fall off the cliff.
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Thanks for the reassurance. Luckily I have less than 15% allocation on the stock, but given the high % of loss it’s still really painful.
Kar Weng
post Mar 10 2021, 12:26 AM

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QUOTE(Rinth @ Mar 9 2021, 05:56 PM)
pending LSS4 bidding result...hopefully Kpower can get a piece of it then engine might start again...
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Will be too late d if I enter after the bidding results if it’s a success. Is the price now risky?
Kar Weng
post Mar 10 2021, 12:49 PM

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QUOTE(angkhian @ Mar 10 2021, 10:53 AM)
Still holding.
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Give me 5 🙌
Kar Weng
post Mar 11 2021, 02:23 PM

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QUOTE(skty @ Mar 11 2021, 10:54 AM)
anyone bought KGB at 1.70 really huat.

the train just started moving. What is coming is so exciting.  rclxm9.gif
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Regret not averaging down when it was 1.7. Now I’m still sipping hot tea at penthouse
Kar Weng
post Mar 11 2021, 02:23 PM

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QUOTE(gapipig @ Mar 11 2021, 10:55 AM)
lol waiting at penthouse 2.15
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Hah, you call that a penthouse? Can you look up and see your neighbors?
Kar Weng
post Mar 11 2021, 02:26 PM

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QUOTE(ChAOoz @ Mar 11 2021, 12:12 PM)
Copper prices going strong. As tech, EV, & Renewables trend is keep on on the rise, miner just cannot keep pace for this sudden rush in demand.

The glove but not glove story on repeat. Get in early !
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Any related counters in Bursa you can suggest? 😄
Kar Weng
post Mar 11 2021, 02:31 PM

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QUOTE(gapipig @ Mar 11 2021, 02:26 PM)
oh my :/ what's your entry price? I too didn't average down but I don't have the funds also la lol
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I’m at 2.3x, sad but true...

I had the capability to average with an impact more than 5x my current holding in KGB, which would’ve turned my loss into a win, but didn’t do it out of fear.

No regrets coz we can’t predict the market anyways
Kar Weng
post Mar 11 2021, 02:37 PM

Kar Weng | Physiotherapist
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QUOTE(greyPJ @ Mar 11 2021, 02:01 PM)
stock market is a place we use experience to exchange for money, and use money to exchange for experience.
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Some love the experience so much, they’d rather risk losing more to get the experience than stay bored to death with FDs/ETFs. Such is life.
Kar Weng
post Mar 11 2021, 03:39 PM

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QUOTE(pinksapphire @ Mar 11 2021, 02:51 PM)
Don't think of the what ifs. Imagine if you did that and it went down by 5 times more, then how? "What ifs I have bought" became "I should have sold"

Remember why you didn't do it in the first place, and no regrets when it goes up. Like I wouldn't say, aiya, regret I sold some earlier, etc.

smile.gif
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Yes you’re right, all “aiyas” and “what ifs” are done in hindsight. Thanks jiejie for the reminder
Kar Weng
post Mar 11 2021, 03:41 PM

Kar Weng | Physiotherapist
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QUOTE(angkhian @ Mar 11 2021, 03:36 PM)
If it's pump and dump, thinking if I should just cut it now. Been in my portfolio for a while.
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Years ago I bought mahsing at 1.28, held for a long time until last year the news of them dipping their feet into gloves caused an unusual spike for me to break even nicely. It dropped back immediately after that. Didn’t regret breaking even. All i got rewarded for keeping Mahsing all these years were just meagre dividends. Still a better investment story than FDs though.
Kar Weng
post Mar 11 2021, 03:43 PM

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Hi guys what’s your opinion on:
1) DiGi (telco)

2) Dominant (wood)


Share your dua kupang if you have any!
Kar Weng
post Mar 11 2021, 04:12 PM

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QUOTE(Duckies @ Mar 11 2021, 03:49 PM)
Bro, not related to your question but can you combined your reply into one post? I've seen multiple replies in different post. If you need to add something then just edit your previous post. And if you want to reply to many people at the same time you can click the "Quote" button.
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Thanks bro, was just wondering how ppl reply to all at once on mobile. Haha newbie don’t know the forum well psps! This is the most fast-moving thread I’ve been to!
Kar Weng
post Mar 12 2021, 02:37 PM

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Hi sifus sekalian, I’ve been wondering, how does TG’s eventual listing in HK’s market affect its value? Why are investors shunning from the stock because of this decision?

Does a dual listing dilute value (like PP)? Or it has 0 effect on what’s trading in Bursa? 1st time encountering this so it’d be great if someone can share some good insights. TIA!
Kar Weng
post Mar 12 2021, 05:51 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 02:53 PM)
Me not sifu, but here is my understanding.

HK Listing is primary dual-listing. From Google, primary listing is listing of new shares. So, new TG shares will be available to HK, adding to current number of shares, thus dilution effect.

OTOH, SGX listing is secondary dual-listing. Secondary listing inSGX  means selling existing shares to be listed in SG. No dilution happens.

I made a huge blunder in not finding out more about the Hong Kong listing. If only I knew about the difference of primary & dual listing then...... Mr Market ady knew what's gonna happen then, hence the market reaction.

P.S. I really wonder why the need for primary listing? HK listing must only be primary listing? I don't know. If TG changes it to secondary listing, perhaps share price will rebound. But unlikely, as TG has ady submitted application.
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QUOTE(ChAOoz @ Mar 12 2021, 03:27 PM)
If the offering in HK is not well received, it will signal further downtrend as sign of subdue demand from global investors would weaken local investors confidence.

But it could happen the opposite, which is high demand from global investors during the offering exercise will provide the much needed confidence for our local investors.

It's really a gamble, and also depend on market appetite for gloves share. Especially global institutional investors
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Thank y’all, now I have a clearer picture. Not sure if I should hold it for the dividends though.

Kar Weng
post Mar 12 2021, 06:13 PM

Kar Weng | Physiotherapist
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Other than giving out stellar dividends, what will TG do with the existing massive cash on hand and the capital that will be raised (around 7B I believe) from the upcoming HK listing?

Are they venturing into something new or will they keep competing on the same shrinking market of latex gloves?

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