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 STOCK MARKET DISCUSSION V150

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HereToLearn
post Feb 22 2021, 04:13 PM

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QUOTE(howyoulikethat @ Feb 22 2021, 03:56 PM)
Let's share our thoughts.
1. What companies' shares do you think will face correction in next few weeks?
2. What companies are you bullish on?
3. Would you hold shares until end of 2021? If yes, what are those?
4. Even if price dropped 50%, which ones which you will never touch?

My ans:
1. Tech. Expectations seem too high for tech, eg Mi shareholders seem dissatisfied today & share correction happened.
2. Gloves (I hope, lol). Recoveries-bank, genting, retail, aviation, etc.
3. Genting, PBB, Harta (if can't breakeven)
4. A**B, J**S, & other goreng pisang. Lost money on first two before. I swear to not touch them again.
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I will avoid aviation. Later PP again to raise cash.
HereToLearn
post Feb 22 2021, 04:50 PM

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https://www.freemalaysiatoday.com/category/...plant-in-asean/

https://www.theedgemarkets.com/article/pors...bly-plant-kulim

Thankfully, we still have these with so much foreign outflow
HereToLearn
post Feb 23 2021, 08:51 AM

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DJIA +.09%
S&P500 -.77%
NASDAQ -2.46%


ENERGY (O&G) ETF +3.46%
FINANCIAL ETF +1.76%
SEMICONDUCTOR ETF -3.66%
CLEAN ENERGY ETF -6.63%
TESLA -8.55%

Sector rotation incoming
HereToLearn
post Feb 23 2021, 08:57 AM

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QUOTE(ben3003 @ Feb 23 2021, 08:54 AM)
so now is energy play? brent up 4% last night..
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Those extremely overvalued EV and solar related stocks, got chance clear, faster clear
HereToLearn
post Feb 23 2021, 09:29 AM

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QUOTE(jianwei90 @ Feb 23 2021, 09:27 AM)
airasia also went up like crazy.
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Betting on recovery, but with oil price going up, it is actually hurting AA. And with so much debt, I am guessing it is the power of goreng

This post has been edited by HereToLearn: Feb 23 2021, 09:29 AM
HereToLearn
post Feb 23 2021, 09:47 AM

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QUOTE(zstan @ Feb 23 2021, 09:42 AM)
Oil price doesn't affect air asia much as their oil contracts were already hedged.
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I didnt know that lol, thanks
HereToLearn
post Feb 23 2021, 05:52 PM

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QUOTE(greyPJ @ Feb 23 2021, 05:45 PM)
短线变中线变长线最后变贡献
today why banks mostly red?
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Cause no one buys. Wait QR, after QR only got show ady
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post Feb 23 2021, 05:55 PM

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QUOTE(Duckies @ Feb 23 2021, 05:53 PM)
Tech also red. Rotation over? Switching to next sector?
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Need to wait tech counters drop until hit people take profit point only will switch, because money still stuck there.

QUOTE(greyPJ @ Feb 23 2021, 05:53 PM)
but genting and aa fly already, qr sure disaster one but fly. cant brain.
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Yeah, in bursa, no need brain if you are short term.

You see worldwide banks already up, some already 10% higher than precovid.
https://finance.yahoo.com/quote/KBE/
https://www2.asx.com.au/markets/company/MVB

Bank counters too heavy (big cap), operators dont want push yet. Maybe after QR only will have interest

This post has been edited by HereToLearn: Feb 23 2021, 05:59 PM
HereToLearn
post Feb 23 2021, 08:03 PM

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QUOTE(ChAOoz @ Feb 23 2021, 06:49 PM)
When all the retailer rush in, this is basically the case. Icemanfx got that part correct about the herd.
Stroking my own ego quoting my own post. Buy anyhow trend start small and it snowball. Predict the trend, invest solid company with good fundamental within that up trend and win the game.

I still remember last year everyone in i3 was saying if TG RM6/RM5+ ish will be a wet dream for them, super discount season la etc etc. Well they got the discount they wanted now.
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Fundamental play have to be really patient
HereToLearn
post Feb 24 2021, 09:21 AM

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Takaful gaped up after better than expected QR.

Start buying banks before QR release
HereToLearn
post Feb 24 2021, 09:32 AM

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QUOTE(greyPJ @ Feb 24 2021, 09:29 AM)
ok thank you.
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Maybe not PBB and HLB, because their results are already expected to be good
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post Feb 24 2021, 01:56 PM

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QUOTE(cofin @ Feb 24 2021, 12:56 PM)
When gloves going to be All Time low ......RM1 ....so i can start stocking up for next pandemic
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Supermax and topglov <RM2, I will collect
HereToLearn
post Feb 24 2021, 02:45 PM

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QUOTE(AbuBakarKia @ Feb 24 2021, 02:35 PM)
Stubborn glove lovers!!! Further reduction sales!!! Faster buy more now!!!
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Damn sarcastic lol

QUOTE(jianwei90 @ Feb 24 2021, 02:40 PM)
what happened to genting malaysia, suddenly drop..
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Hitting resistance.
Not even red, you still complain. It is already one of the best performing recovery counters for the past few days
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post Feb 24 2021, 02:54 PM

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QUOTE(Taikor.Taikun @ Feb 24 2021, 02:51 PM)
Energy sector dive
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QUOTE(jianwei90 @ Feb 24 2021, 02:53 PM)
any news?
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QUOTE(HereToLearn @ Feb 18 2021, 10:46 AM)
Energy index has risen a lot (22% in 3 weeks) with extremely strong momentum, hitting resistance at 980 now. Take note

Pullback might be expected

KLEN + 3.68%
KLHC - .16%
KLFI -.33%
KLTE - 1.84%
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HereToLearn
post Feb 24 2021, 02:59 PM

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QUOTE(BarleyAis @ Feb 24 2021, 02:58 PM)
Brace for impact everybody!  KLCI heading for 1550! I repeat 1550!!
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Chill Singapore damn green
HereToLearn
post Feb 24 2021, 03:03 PM

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Tech selldown is finally here. Sector rotation incoming. Start buying value counters
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post Feb 24 2021, 03:05 PM

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QUOTE(zstan @ Feb 24 2021, 03:04 PM)
my maybank still green ah
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Cause banks already sold down so much until most holders are strong holders ady + Value + recovery play combo.

But still Malaysia banks are still super underperfoming compare to other countries' banks.
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post Feb 24 2021, 03:24 PM

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QUOTE(greyPJ @ Feb 24 2021, 03:19 PM)
bro, whole world red, not the time to buy now, if klci break 1560 big fall coming.

keep cash first
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No bro. KLCI cannot go up because a lot of money lock in tech sectors. When they hit their cut profit point, will put somewhere else, just bet on commodities, energy or banks
https://sg.finance.yahoo.com/quote/U11.SI/
https://sg.finance.yahoo.com/quote/O39.SI/
https://www.etf.com/KBE
HereToLearn
post Feb 24 2021, 07:18 PM

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QUOTE(joeblow @ Feb 24 2021, 07:09 PM)
Personally I believe most major stock markets are near or at all time high is because of the reason everyone is printing money and no better alternative to park your money. That's why even bitcoins going crazy because it is supposed to replace gold as a safety place. Time will tell.

MCO forever indeed, but Israel is a hope. They are recovering very nicely with the vaccines almost done. Hope no cases of vaccination gone wrong there. If not really GG. I do think Singapore will be the next since they clearly ahead in vaccination and their population not huge to have most vaccinated by the next few months.

Agong just gave blessing for parliament, Next Best PM to be (Khairy) just announced we can have election after Sep? Maybe earlier if Moo now has no other moves.

5G launch via SPV another total BS. Which other somewhat advance country does this. Not to mention we have Huawei as the partner. Granted they are the best in 5G now, but 5G is more than about connectivity. It is also about the 5G related possible tech resulting in a whole diff standard and ecosystem. Unless US let water to Huawei, I foresee we will get stuck with a white elephant. Maybe we will adopt the China standard moving on for those 5G enabled technology. Hope not. Technology really is about future roadmap. Huawei now very restricted due to chips and other countries avoiding it. 

The "good" news is that most foreign funds are out by now, the damage with their pullout may not be as great. We are at the near bottom. Now it is retailers plus govt agency at play. As long as interest rate remains super low, our Bursa still has hope.

But long term definitely not good for Malaysia. I no longer know what's our competitive advantage. Maybe someone can enlighten us. Vietnam, Indonesia and even Thai all ahead of us now.
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Earliest that it can be is 2 Aug, because emergency declaration lasts until 1 Aug

Yes, they sold a lot, but they still have a lot and local funds are not very supportive.

Our only advantage now is cheap. A lot of our KLCI components are quite cheap, with sustainable earnings in years ahead

This post has been edited by HereToLearn: Feb 24 2021, 07:18 PM
HereToLearn
post Feb 25 2021, 11:56 AM

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QUOTE(lauwenhan @ Feb 25 2021, 11:47 AM)
Yes sir, Tech and steel still coming back. These two sectors will be good for the rest of the year. Because the market cannot think of any better place to park their money. I already wrote countless essays on this. Now just enjoying the ride up and selling some of the smaller cap tech stocks. I don't think I will buy anymore though sad.gif
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Can park at recovery, commodities, consumer discretionary

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