The market can stay irrational longer than most expected. I believe most tech buyers now are mostly momentum traders.

Cryptos, especially the mini ones, either pump or dump.

Close eye and pray. IF there are more buyers than sellers, can always go up

If u can afford to lose it all, crypto is your option for skyrocket possibility

Safer but slower bets now would be energy and financial counters, which just broke up days ago, at least these the chance to be trapped high here is lower because the valuations for most of the counters in these sectors are still damn cheap

Also KLCI just broke up today, banks are looking really good. Also note that their upcoming QR will be better than most expected with reduction in loan loss provisioning, and the absence of modification loss. Just wait lo, or buy near end of next week, should spike after the QR, because this most likely hasnt been priced in.

The revival of the dividends too might attract investors back into the sector.

This post has been edited by HereToLearn: Feb 15 2021, 02:54 PM

LOL, I can sense sarcasm here

Welcome aboard, join us here. We have a mix of different style of investors/traders here. Just follow and improvise on the ones that suit your risk appetite.

Those who have FPI, QR result coming out soon.

FPI's QR is somewhat seasonal and the next QR is not going to be as good as the previous one. Can consider planning your exit and sell before end of this week.

Energy is stronger

US market in general is more overvalued than MY market...
FMs there are overweight on EM more than US equities

You can always choose not to participate in the casino-like counters and buy based on FA

This post has been edited by HereToLearn: Feb 15 2021, 04:59 PM

I believe most of us here are making money?

Market cap before up only about 50M, easily goreng by any small operators

Today KLEN damn strong another 3% increase.

Another catalyst for recovery counters
https://www.malaymail.com/news/malaysia/202...chedule/1950076

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KLTE is still +ve, carried by DATAPREP.

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Latest observation: Operators is taking advantage of the 'tech' trend and aiming for super small cap stocks to goreng - dataprep, widetech, 'tec'guan. Widetech and tecguan are non-tech related
Pumping not only exclusive to tech - e.g. SEB, ARK, super small cap and illiquid counters, they push them up and sell to those who chase high

If you are in these counters and making money, congratulations, dont hold too long and get trapped high.

This post has been edited by HereToLearn: Feb 16 2021, 11:16 AM

Yeah recovery stocks are barely moving, only small cap stocks (regardless of sector) with super low liquidity are moving now.

Easier for operators to goreng small cap ma, what to do.

SOME recovered to pre-covid level, but then dropped back, except PBBANK and HLBBANK, recovered and dropped back but still higher than pre-covid

There are still some out there that are below pre-covid with extremely attractive valuation.

This post has been edited by HereToLearn: Feb 16 2021, 01:07 PM

Pharmaniaga, if breakout chase, else should be priced in

For banks, see below. I am vested in AMBANK just saying

If you want quick money, follow momentum, it works perfectly until it doesnt. Just prepare to cut loss if necessary.

For MOMENTUM PLAY, can try energy, just broke out recently with very strong momentum. Tech also have very strong momentum, but it seems very high already. You most prolly have less chance to get trapped high in energy than tech.

The bottom for banks was on Jan 29 - 2 Feb.
BUT its ok, it is much more safer to buy on uptrend when it has broken out.

Possible catalysts:
- better than expected QRs coming out next week (due to absence of modification loss, reduction in loan loss provision, NIM normalization)
- dividend revival (AMBANK, CIMB, RHB didnt give dividend for last FY IF I remember correctly)
- Pfizer arrival? MAYBE have impact on all recovery counters, not specifically to banks

Also note that local analysts have been upgrading TPs on banks

Sorry for the confusion - energy index
https://www.investing.com/indices/kl-energy-components

This post has been edited by HereToLearn: Feb 16 2021, 01:31 PM

21 Feb Pzifer coming, but property developer stocks rise? Hmmm, the overhang units increased by 9k from 48k in 57k last year though

Based on my limited research using currently available data in property market, it will not recover until end of 2022

This post has been edited by HereToLearn: Feb 16 2021, 02:58 PM

IMO, it is an expected correction, should not be considered as discount. Now, the gross rental yield is still at 3.49%, which is ridiculously low. Expecting the property market to continue its downtrend trajectory.

Inb4 during Nov
TP will be reduced further in the upcoming months, TP is usually based on 12-18 months ahead.

Best to not hold. Unker going for a quick trade?