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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Aug 7 2020, 09:27 PM

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QUOTE(Deathscythe@@ @ Aug 7 2020, 09:13 PM)
Thanks sifu. From the stars u have, I already know u are a senior member. Yes, I tried to diversify. The gold is a good starter for me I can say. Expected to hold it longer and if getting higher and higher a good sign for me. With the trade wars and covid 19 uncertainties, and political uncertainties, as well as tech (gold to make chips etc), I decided to invest some. Harta is something to hold, it will be a game changer when kossan and supermax announced their qr as they are not really a direct competitors between the two giants (TG and Harta). I chose Harta as it is not aimed by Trump and at a lower price. Perhaps more true investors than goreng king or sharks. Will definitely look back this post after a while...
Esceram I let go at rm1.9 (got chance to let go at 2.05 but I was too naived as influenced by the goreng king,
Notion not able to join due to my bullet at other counters.
HLT I sold all during rm1.7++ as I started to worry more when the fluctuation graphs similar to today trend. Sharks swallowed and keep refreshing the bottom lines.

Today I expected POh Kong ended price will be similar to Tomei and many investors still having no reference yet of the T.P. I chose poh Kong as Tomei hit the limit (signage of sharks). Better be steady and grab some goreng benefits at this stage. Don't expect day day 30%. Even a 10% today will be good enough. Monday if hike will be bonus. No hike, one month 1% also consider good enough for me.. stay calm, don't look for fast money. (A ikan bilis that escaped from being burnt alive today)
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Poh Kong hit the limit this morning, and since then started to fall slowly.
ZeroSOFInfinity
post Aug 7 2020, 09:49 PM

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QUOTE(Deathscythe@@ @ Aug 7 2020, 09:34 PM)
Yes, because the competitor is not running today, so closing almost same with Tomei. Ppl then dump the share and go back to goreng counter perhaps due to greed. .
(I am referring to my friends)

But at the end got burnt perhaps. Just look at the Esceram. Many ppl queuing to purchased at 1.82 yesterday  and ended up 1.48 today. If they still naive to hit hit 30%. They will lost more. Similarly to Notion and HLT. I will never touch these stock again until they got holding power and believe in hit hit TP spirit
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HLT and Notion I gained a lot from them after selling in the morning. Was expecting them to limit up for one more time before selling. Then around 10am, I noted that HLT started to fall while Notion stagnated. Decided to sell them after seeing no recovery from them.

In afternoon, decide to do a brainfart and get into HLT again, thinking its low enough. Big mistake. Had to sold at a loss.

Escream entered at quite high yesterday. This morning went up for a while, then down immediately. Sold it with little profit.

So I guess those 3 stocks can forget about it at the moment. Poh Kong maybe can try again on Monday together with Tomei. But.... dont expect good returns again.
ZeroSOFInfinity
post Aug 7 2020, 09:54 PM

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QUOTE(SGSuser @ Aug 7 2020, 09:45 PM)
who still holding xox

monday will goreng again huhu
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Sold already at 28 cents.
ZeroSOFInfinity
post Aug 7 2020, 11:33 PM

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QUOTE(immobile @ Aug 7 2020, 11:22 PM)
any thoughts for harta? perhaps can enter a bit comparing to super/tg?
tq tq boss
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Probably hold on first until Supermax results out on Monday. See how is the reaction on Tuesday, then only go in. Harta has been quite slow since the results were announced.
ZeroSOFInfinity
post Aug 7 2020, 11:41 PM

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QUOTE(dupreehere @ Aug 7 2020, 11:37 PM)
What do u think about muiprop?
Kena paper burn 1k
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That you ask Sgsuser. I took notice of his recommendation only and followed along lol.
ZeroSOFInfinity
post Aug 7 2020, 11:46 PM

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Reading the Supermax forum..... I dunno man. Either they are very optimistic about the result, or lying at themselves on the big drop during today's session.
ZeroSOFInfinity
post Aug 8 2020, 08:12 AM

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QUOTE(infested_ysy @ Aug 8 2020, 08:10 AM)
You knew the risks. You'll get burned if you fly too close to the sun
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And then you fall from the sky due to the sun melting the wax on your wings....
ZeroSOFInfinity
post Aug 8 2020, 10:09 AM

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QUOTE(ukapaka @ Aug 8 2020, 09:12 AM)
Just bought 40 lot of trive for shit and giggles. The pure goreng stock.lol.
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Well either you earn a McD meal, or just lost a lunch.
ZeroSOFInfinity
post Aug 8 2020, 01:29 PM

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QUOTE(kuai_chai @ Aug 8 2020, 12:12 PM)
as predicted by cimb, correction happened..
question is, is it over?
is monday safe to shopping again?
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You will know the answer at 8.30am on Monday, when you see where the opening price is.
ZeroSOFInfinity
post Aug 8 2020, 01:30 PM

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QUOTE(anakMY @ Aug 8 2020, 12:13 PM)
That is why I do not dare to touch the 2nd tier gloves. The price has rocketing too fast
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Yeah. Too fast. Now in process of "trimming". I fear that once it's done, no one will touch then anytime soon.
ZeroSOFInfinity
post Aug 8 2020, 02:09 PM

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Again guys.... next week.... DONT buy or queue for any stock at the opening bell.... just observe how the market goes before making your next decision.
ZeroSOFInfinity
post Aug 8 2020, 05:11 PM

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QUOTE(Deathscythe@@ @ Aug 8 2020, 03:43 PM)
Sabar, u can make your own decision and investment. U may continue hold the stocks u believe will hike to next level of T.P.
Yeah, arguments are meaningless. Just sharing thoughts etc
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Promoting Poh Kong and gold in general aren't you? smile.gif


If things are good on Monday, will join in the rally.
ZeroSOFInfinity
post Aug 8 2020, 05:12 PM

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QUOTE(AVFAN @ Aug 8 2020, 05:05 PM)
riverstone is now the star glove jewel in SGX.

UOBKH just raised TP to sgd6.00.

stellar news all round.
https://research.sginvestors.io/2020/08/riv...-08-07.html?m=1
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River stone is the subsidiary of TG right?
ZeroSOFInfinity
post Aug 8 2020, 07:11 PM

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Who's in suspense or cant wait for Monday to come?
ZeroSOFInfinity
post Aug 8 2020, 08:38 PM

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QUOTE(brokenbomb @ Aug 8 2020, 08:31 PM)
Or maybe hit certain key price area.

Like careplus, once it breaks 4.7, i guess it triggers their SL and the way it goes  bye.gif
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I am afraid the 2nd and 3rd tier stocks might continue sliding in next few days.... and then only start climbing up slowly. But not reaching the heights of past 1-2 weeks.
ZeroSOFInfinity
post Aug 8 2020, 09:27 PM

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QUOTE(ratloverice @ Aug 8 2020, 09:16 PM)
Not really trying to buy as soon as the market opens. It’s just that rakuten trade often freezes in the first hour, so I would like to agak2 what I will be seeing on a particular day 😂
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Well, Rakuten is having a "long maintenance" since yesterday evening, and expected to end tomorrow afternoon. Hopefully we dont get the "blood boiling" experience like this week....... then again, its Rakuten....
ZeroSOFInfinity
post Aug 9 2020, 11:00 AM

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QUOTE(kuai_chai @ Aug 9 2020, 10:34 AM)
i have Nice and Notion..
Hope they wont continue to slump..
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Monitor what happens tomorrow morning. If going up, then good. Else just run.
ZeroSOFInfinity
post Aug 9 2020, 12:23 PM

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Jeez..... the comments in Supermax forums now.... every possible insult you can imagine also come out.... wonder when results out tomorrow will be x100 times worse.......
ZeroSOFInfinity
post Aug 9 2020, 12:34 PM

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QUOTE(Justi @ Aug 9 2020, 12:25 PM)
Where? Got link?
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Search for i3 Supermax forum.
ZeroSOFInfinity
post Aug 9 2020, 02:41 PM

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QUOTE(AVFAN @ Aug 9 2020, 02:11 PM)
that super thread is all about what the QR PAT will be... very emotional. biggrin.gif

the biggest bulls are yelling rm800mil, 1bil; most others, 400, 500.

my read... if >300mil, good chance it can hover around current 23.

>400mil, it should rise up further..

<300, sharp selldown to 20 or so.

fri already saw a significant late selloff 22.92 amidst declining vol in the last few days implying pent up nervousness.

but the fact remains... supermax last qtr PAT was 72mil.

what are people expecting? 4x? 8x? 10x?!

check recent QRs:

harta (bigger than supermax) 221mil.
riverstone (smaller than supermax) 137mil half year or 69x2 qtr.
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Now they doing a poll how much is the profit. Most put more than 700million. My guess it's about 300m+ only.......

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