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 STOCK MARKET DISCUSSION V150

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Eddx
post Aug 17 2020, 10:16 AM

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QUOTE(AVFAN @ Aug 17 2020, 10:13 AM)
must not forget... if it has gone up hard, it can come down hard too.

i am not surprised by it, more so for spmx which has exhibited extraordinary highs and lows.

all due to VOLUME... i.e. overwhelming players... until platforms hang!!

but if a stock is fundamentally sound, making good profits, try not to panic too easily...
*
For supermx i can foresee it coming down hard actually sweat.gif but surprise also for TG, the price didnt go up so fast like supermx
AVFAN
post Aug 17 2020, 10:17 AM

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QUOTE(Eddx @ Aug 17 2020, 10:16 AM)
For supermx i can foresee it coming down hard actually sweat.gif but surprise also for TG, the price didnt go up so fast like supermx
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contagion effect.
mojo86
post Aug 17 2020, 10:18 AM

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Cleared most of my portfolio today by cutting losses. Think I might give the stock market is break for a while, gloves not doing well, bluechips also scared will drop again. Not sure if it's because of market uncertainty due to the coming US elections and if Covid will stay or go with news of vaccine but also still terrible covid numbers being reported. Any sifus can shed some light on this?

Need to go back to the drawing board to plan portfolio
zstan
post Aug 17 2020, 10:19 AM

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KLCI back to green. Good day ahead
SGSuser
post Aug 17 2020, 10:20 AM

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QUOTE(zstan @ Aug 17 2020, 10:19 AM)
KLCI back to green. Good day ahead
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biggrin.gif
Deathscythe@@
post Aug 17 2020, 10:20 AM

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i feel want to top up more for Big 4.. but worried continue go south.. anyone top up today?
ljf123
post Aug 17 2020, 10:20 AM

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QUOTE(annoymous1234 @ Aug 17 2020, 10:07 AM)
but such a waste, already had plans on what to do with the profit, now its gone  sad.gif
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buy new condo ke bruce.gif

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SUSbronkos
post Aug 17 2020, 10:21 AM

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QUOTE(zstan @ Aug 17 2020, 10:19 AM)
KLCI back to green. Good day ahead
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Yeah just ignore ppl like boon, he is like kyy of lyn
Boon3
post Aug 17 2020, 10:24 AM

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QUOTE(AVFAN @ Aug 17 2020, 10:03 AM)
superman went up too high, 400mil wasn't enuf! biggrin.gif

toggun 800mil +us ban resolved, split... can kick off season 2...
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point is ..... 400mil.... is about (close enough) to what those scientists were tembaking....

since then ....

few things... take SuperMan.

1. I have not seen much improved revised profit assumptions...
2. those jokers sticking to TP based on CY earnings... lol ... I shall refuse to see those nonsense...
3. but..... if based on FY .... amongst the higher estimated profit is around 1800mil region ... which is about 450 mil per quarter ...
4. see it's only 450 mil... and SuperMan lastest qr was 400 mil.... see the missing 'ooomph' factor?
5. after that (ok not many will care) ... the 22 and 23 numbers ... the cimb article I saw, had profits only at 1900 and 2017.....

ok ... if I put it all together in a simpler manner .... the market got only the next couple of quarters of GREAT earnings to look for .... which for me looks like the reward just ain't sexy enough.....

so it needs the leader of the pack to set things right.... TopGun.

It really needs to produce the blowout numbers......


Yes, US ban removed will help...
Bonus issue.... maybe might attract some buyers once it goes ex .... (but personally I don't buy... it's just an illusion of being able to buy TG at a cheaper price because we actually can do so without the bonus issue)

thumbsup.gif
helob
post Aug 17 2020, 10:25 AM

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QUOTE(Vanguard 2015 @ Aug 17 2020, 09:45 AM)
Good morning folks. This thread is quiet this morning which means that some of the forumers here are losing money and cutting their losses.

The glove stocks are continuing their downtrend, the support line has been broken. Will it rebound? Only God knows.

This could end up as a massacre like The Battle of The Alamo. However, I am hoping that it will end up like the Battle of the Little Bighorn, with us being the American Indians.

Relax guys, this too shall pass. In the meantime, let's eat our pop corn and see if there is any opportunity for day trading.
*
I like your calm and attitude. thumbup.gif thumbup.gif
Lets sit and wait for the storm to blow over. Blue sky and sunshine is awaiting.
zstan
post Aug 17 2020, 10:28 AM

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I am holding trade plus shariah gold etf via Wahed robo. About 18% gains after more than half a year
Boon3
post Aug 17 2020, 10:28 AM

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QUOTE(bronkos @ Aug 17 2020, 09:57 AM)
Based on your assumption?
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I was actually gonna reply your post but I was in the midst of replying AVFAN posting.

Then I see your ...

QUOTE
Yeah just ignore ppl like boon, he is like kyy of lyn


Well, ok.

Do you need help finding the IGNORE user function?



silverwave
post Aug 17 2020, 10:29 AM

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https://www.klsescreener.com/v2/news/view/7...r-some-pressure

May be dropping because of this too?
SUSbronkos
post Aug 17 2020, 10:30 AM

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QUOTE(Boon3 @ Aug 17 2020, 10:28 AM)
I was actually gonna reply your post but I was in the midst of replying AVFAN posting.

Then I see your ...
Well, ok.

Do you need help finding the IGNORE user function?
*
Do I look like I need it? It's year 2020 now hello....
yahiko
post Aug 17 2020, 10:31 AM

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morning.

aiyo.. HLT drop sikit again.. previously earn from HLT slowing paying back to them adui

Market trend
Up 15%
Dow: 26%
non moving: balance..

slow day

This post has been edited by yahiko: Aug 17 2020, 10:31 AM
ZeroSOFInfinity
post Aug 17 2020, 10:32 AM

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Currently those in green are blue chippers. While mostly in red are gloves.

Let's see what does 11am is installed for us.
ZeneticX
post Aug 17 2020, 10:33 AM

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QUOTE(Vanguard 2015 @ Aug 17 2020, 09:57 AM)
The only regret I have is to re-enter the big 4 Glove Stocks too early last week.

Now, I am out of ammo. Looks like I  have to bunker down to outlast the storm and also consider moving another war chest in.

Decisions...decisions...
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Same here almost. Topped up too early last week

Today seems to be a better deal... if u still have confidence with gloves thats it
Bendan[520]
post Aug 17 2020, 10:35 AM

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Should not topup so early/average down so early. Wait till the retracement ends only take action. No see white candle or buyers coming back, no buy.
ry8128
post Aug 17 2020, 10:35 AM

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Chillz out guys, dun need to argue. Let’s enjoy the show. Win and lose is part of stock trading.

As for myself, I am still holding onto gloves, haha.
ben3003
post Aug 17 2020, 10:35 AM

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seems liks glove is going down to the drain.. fuk

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