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 STOCK MARKET DISCUSSION V150

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Vanguard 2015
post Mar 12 2021, 11:19 AM

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QUOTE(pinksapphire @ Mar 12 2021, 01:30 AM)
Uncle, what's your spread like for gloves? More on which glove stocks and does it make up huge chunk of your entire stock portfolio?

I feel it's quieter these couple of days. Is it cuz techs kena battering, gloves so-so and other stocks are like for frying/stable/uninteresting, hence, lesser excitement?

Myself I'm monitoring steel, thought would have bigger upward movement but generally still staying same.
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I think glove stocks make up about 60% of my overall portfolio. Time to trim.

BTW, I mentioned Complet in my post yesterday. Today, it has rocketed +16%. Missed the boat. Oh well, life goes on. smile.gif
Vanguard 2015
post Mar 12 2021, 01:43 PM

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QUOTE(pinksapphire @ Mar 12 2021, 01:03 PM)
Uncle didn't buy Complet after mentioning it ah?

For gloves, I'm also trimming it and gradually feeling better to endure the losses in the course of doing so...long way to go before my portfolio can be less influenced by gloves, but oh well, gotta work through it.

Thanks for sharing.
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No problem. I am happy to share.

I wish I could tell you a fairy tale that I bought Complet yesterday and made RM5K in profit today since it went up +16%. But I don’t believe in telling lies. 😃
Vanguard 2015
post Mar 12 2021, 05:09 PM

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And the market is closed. This forum is getting quiet.

I entered Complet before closing at RM1.238.

Maybulk closed in the market at +4.63%.

Glove stocks are still bleeding non-stop. Tsk, tsk.
Vanguard 2015
post Mar 12 2021, 05:23 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 05:16 PM)
Just curious, what glove stocks do you still have?  hmm.gif
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Careplus, Comfort, Supermax and Top Glove.

Minggu depan, mungkin saya akan kasi potong kecuali Comfort dan Top Glove.


Vanguard 2015
post Mar 12 2021, 05:34 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 05:27 PM)
Why not Harta, since it has less swings & less downside? Perhaps this is why I suck as a trader, haha.

Good luck, fellow glove comrade!
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I don't know. This round I didn't pick Harta and Kossan.

Maybe I thought pick 2 Big Glove companies and 2 second liners companies to balance out. Obviously, it is not going according to plan. sweat.gif

Good luck to you too!

It ain't over until....

This post has been edited by Vanguard 2015: Mar 12 2021, 05:35 PM
Vanguard 2015
post Mar 12 2021, 09:15 PM

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QUOTE(Kar Weng @ Mar 12 2021, 08:51 PM)
Great stance! What's uncle Van's rationale behind keeping TG & Comfort while potong others?
Always needed your impartial POV and sober one-liner.

But I've also been wondering, what are you optimistic about in the market?
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Supermax and Careplus have reached my cut loss point of -20%. By right, I should have cut at around -12%. I can use the proceeds to buy other stocks that hopefully can perform better.

The FA for TG and Comfort are better than Supermax and Careplus.

Live to fight another day!

This post has been edited by Vanguard 2015: Mar 12 2021, 09:16 PM
Vanguard 2015
post Mar 12 2021, 09:18 PM

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QUOTE(AVFAN @ Mar 12 2021, 07:34 PM)
hold on... if u can! biggrin.gif

the selling may be drying up.

we saw in last few days:

...
» Click to show Spoiler - click again to hide... «

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Thanks! I will try and hold on next week.
Vanguard 2015
post Mar 12 2021, 10:56 PM

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QUOTE(AVFAN @ Mar 12 2021, 10:30 PM)
Spmx has several things not going right for it:

» Click to show Spoiler - click again to hide... «

in contrast, TG has a few good things going:

1. great dividend declared.
2. directors and EPF buying shares.
3. CBP ban may be be lifted anytime now.
4. HKEX listing - while some may view it as negative, we shall see how it performs as china's intco is also doing dual listing there - maybe strong interest for both.

i also see HARTA as a strong long term holding glove counter.
kossan has been a top loser; 2nd liners, i hv no interest.
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Thank you for the info. Much appreciated.
Vanguard 2015
post Mar 14 2021, 10:46 AM

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Good morning folks.

I am also going to tembak and say that my Maybulk and Complet stocks will rocket tomorrow! 😀


Vanguard 2015
post Mar 15 2021, 03:58 PM

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It is getting tougher to make money in the market.

I went in big for Complet last Friday. Within 2 hours, unrealised profit of RMxxxx. Fuh, step aside Warren Buffett.

Today, all the unrealised profit disappeared. Sold off all my Complet shares for a profit of 1 1/2 bottle of Black Label.

All my stocks except for Maybulk are doh.gif

This post has been edited by Vanguard 2015: Mar 15 2021, 03:59 PM
Vanguard 2015
post Mar 15 2021, 04:49 PM

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All the following stocks failed the valuation test unless you are playing TA:

1. UWC
2. Greatec
3. Solarvest
4. DNEX

Enter at your own risk. Win really big or lose the shirt off your back.

Please don't play margin.

My 2 cents.
Vanguard 2015
post Mar 15 2021, 06:03 PM

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QUOTE(pinksapphire @ Mar 15 2021, 04:27 PM)
Oof...but luckily Uncle still got some profits. Green is always better than red.

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Yes, I agree. Shouldn't complain when taking profit.

QUOTE(annoymous1234 @ Mar 15 2021, 05:45 PM)
U still get profit. Bersyukurlah
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thumbsup.gif

QUOTE(AVFAN @ Mar 15 2021, 05:51 PM)
in bursa, all of them fail either TA or FA or both! laugh.gif

very tough to find anything that rises consistently.

something is not right, maybe something big political is brewing... or the RM will dive soon?

it is unusual local institutions are dumping and dumping for weeks and months... i guess these are the local IBs, insurance cos, kazanah, epf, pension funds, trust funds, etc.

are these guys quitting the country and buying foreign stocks and properties??

even foreign funds are buying sometimes... while retailers keeping throwing in their "grave money". tongue.gif

https://www.pickastock.info/MarketParticipation
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This is what we get when the political situation is not stable and with a GE looming. Possible change in government and change of PM again.

Government policies may change with a change in government. Businessmen will have to form new alliance with new ministers. Some businessmen hedge their bets by having different Whatsapp groups with the ruling government members and the opposition party members...just in case.

Is it any wonder that foreign investors are exiting the country? sweat.gif

P/S: Let's pray that the market don't collapse suddenly.

This post has been edited by Vanguard 2015: Mar 15 2021, 06:05 PM
Vanguard 2015
post Mar 15 2021, 06:12 PM

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QUOTE(dickybird @ Mar 15 2021, 06:10 PM)
Market has collapsed twice in the last 3 years, post GE 14 and MCO 2020.
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If the market collapse again but the foreign investors and the local institutions don't support...then just left the retailers trapped inside.

Anyway, just my kopitiam talk. smile.gif
Vanguard 2015
post Mar 15 2021, 07:01 PM

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QUOTE(theberry @ Mar 15 2021, 06:23 PM)
Hi dad, u still got bloody gloves? laugh.gif
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I still have a lot of glove stocks. Now I feel like the Poor Dad rather than the Rich Dad. 😀

QUOTE(dickybird @ Mar 15 2021, 06:30 PM)
That's why retailers need to be more cautious and not be carried away by the rising market and lose their senses.
Our market is very well insulated by the likes of EPF, so any collapse will not be too severe.
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Let’s hope it’s EPF to the rescue again. 😀
Vanguard 2015
post Mar 16 2021, 08:15 AM

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QUOTE(infested_ysy @ Mar 15 2021, 11:05 PM)
B-but Dnex has their Silterra acquisition, and acquiring more of Ping petroleum

user posted image
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I only used a simple 10 second health check up on Dnex. And it failed the test. Valuation score of zero.

But if you have done thorough research and is confident of your decision, then please go ahead. Your money, your call.

Good luck. smile.gif
Vanguard 2015
post Mar 16 2021, 12:41 PM

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QUOTE(infested_ysy @ Mar 16 2021, 09:04 AM)
Is that a website or something for your health check? Teach me your ways~
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I wish I could teach....but I am not qualified. Seriously, I am not.

For a free website, a good starting point is Bursa Market Place. There is a wealth of information there for beginners and retail investors.

For paid websites, there are Simply Wall Street and Absolutely Stocks.

For TA websites, I think there are Trading View, etc.

Good luck. thumbsup.gif


Vanguard 2015
post Mar 16 2021, 08:05 PM

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When in doubt, hold cash. There is no rule which says that we must trade or invest 100% at all times.

Wait for the clutter in our mind to clear up first or for the market to offer some clear directions.

My 2 kupang as usual...
Vanguard 2015
post Mar 16 2021, 10:30 PM

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QUOTE(Randomization @ Mar 16 2021, 10:12 PM)
And the golden phrase - Live to fight another day.  rclxms.gif  bruce.gif
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Yes, that’s right.

The current market trend is probably not a good time to say “no retreat, no surrender”. 😀
Vanguard 2015
post Mar 16 2021, 10:58 PM

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QUOTE(New Klang @ Mar 16 2021, 10:47 PM)
When things become complicated, think simple.

Dont push too hard
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I agree. We tend to complicate things in life, including investing.


Vanguard 2015
post Mar 17 2021, 12:06 PM

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QUOTE(wayton @ Mar 17 2021, 09:45 AM)
Invest 100% all the times is too risky, as we do not know when is the bottom or market won't go down.

Some amount of cash needed to use when market big down time.
If not see dirt cheap price but no cash to buy.
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In a perfect world, the retailers and traders will only invest 80% of their money and keep 20% as dry powder.

Better still, to have 4 to 5 different war chests to be deployed at different times.

But then we live in an imperfect world with finite resources. Chicken and egg argument. If the retailers have so much money in the first place, why do they need to take the risk of investing in the stock market or trade stocks?

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