Those who think they are buying cheap at PE 8x may need to think again. Next quarter may even post a loss.

Now in Genting. I can say the crowds in here currently rivals the CNY crowds. So would say Genting's recovery would be quite quick, probably worst over by end of year.

About the genting discussion. As a holder of Genting shares since 2017 (entry price RM8.99), I can proudly say I have sold all of them at >50% loss. I can tell you right now it is a lost cause and if they somehow do survive and thrive, I doubt they will ever go back to 2017 prices, let alone 2011 ATHs.

I would wait for leading indicators (just 2 weeks more, no FOMO) to turn positive, then ONLY start buying
- Sept 10: BNM MPC meeting on OPR (currently 1.75%, if no reduced, then good sign)
- Sept 11: July unemployment data (currently 4.9%, if reduced, then good sign)

Copper price is on the upward trend since March low, not expecting any stock market crash soon.

Some of the forumers here have turned their attention to banking stocks and gaming stocks which have been battered down recently.

Some other stocks which could be of interest are HEIM and Carlsberg. These stocks have been battered down about 7% to 16% over the past 3 months. Their recovery is expected in 2021.

Many moons ago, I also wrote that BAT may be worth looking into once it drops to RM10. Well, it is trading at RM10.20 now. 

Are these sin stocks worth a punt now?

Don't be lidat bro. Sharing is caring. There is so much money in this world. We can't possibly have it all. 

Good things will come in life when we help others.

Dont sell too soon, bro.

TG and Supermax QR will be out on 17/9 watch 15:08

Also, be careful NOT to sell straight away a day after ex-, actual distribution of 2 bonus issue is actually on 7/9, watch 15:45

Dont worry your alcholic counters will crash. Will remain closed during RMCO (until end of 2020, unless RMCO is extend)
https://worldofbuzz.com/pm-doesnt-matter-if...to-follow-sops/

They are looking into midterm rebound somewhere between 6 months to 12 months from now.

Source: Malaysian reserve.


Nevertheless, buying banks at this price now will give you handsome dividend yields for long term after the economy recovers. However, I am still waiting for the
1. Sep 10: BNM MPC meeting on OPR, this gives a good indication of the economic recovery track
2. Sep 11: July unemployment data, this gives a good indication of possible NPLs

LOL, from which part that you interpreted that the analyst talk as if like Malaysian Ringgit is a reserve currency?

So, in your opinion, non-US banks really have no future? Enlighten me please.

Technically I wont, but just want confirmation. Still.... if you sell your current share in next 2 days..... Monday just poof..... extra shares. Lol.

In these times of panic and uncertainty, I did the only thing I could....which was to buy all the gloves stocks in sight except for Ruberex.

The only regret I had was that I bought too much Top Glove this morning at 9.20 am. when it increased +4% plus. Now sitting on heavy losses on Top Glove.

Well, live goes on...

Who dares to go into glove stocks now?

Only for the brave or foolish? Will the glove stocks continue to drop non-stop for the next 1 week and lead us all to Holland? Or will the glove stocks rebound handsomely next week and give us a handsome reward instead?

Nobody knows. Please do your own calculation of the valuation and fundamental. 

If u entered tech better prepare to hold or cut loss, us tech is falling for 2 consecutive days already

The question is? At what stage are the gloves at right now?



High resemblance in topglov chart?

Yeap, you are right.

You can still buy few cents difference wont change much if you firmly believe in the counter