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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Aug 17 2020, 03:27 PM

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Gloves are really having a bad August.....
ZeroSOFInfinity
post Aug 17 2020, 03:29 PM

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QUOTE(immobile @ Aug 17 2020, 03:27 PM)
is it good to enter hlt? tq tq
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Forget about all other glove counters. Just go Super and TG.
ZeroSOFInfinity
post Aug 17 2020, 03:31 PM

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QUOTE(HereToLearn @ Aug 17 2020, 03:30 PM)
Loan moratorium is near... There is only so much money in the market, so for gloves to go up, need others to throw other counters and buy gloves...
When moratorium comes, the money in the market will be largely reduced, so better stay out of the 'hot stocks' in the market until Oct 31.
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It seems though other investors are taking money from gloves and "securing" them in blues.
ZeroSOFInfinity
post Aug 17 2020, 03:47 PM

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Horror show coming at 4pm?
ZeroSOFInfinity
post Aug 17 2020, 04:50 PM

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QUOTE(ComingBackSoon @ Aug 17 2020, 04:48 PM)
Another red day for Gloves. With all the pessimistic news being published by the press, I don't expect gloves to go up this week.
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Or until end of month.
ZeroSOFInfinity
post Aug 17 2020, 04:55 PM

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QUOTE(kembayang @ Aug 17 2020, 04:54 PM)
1.5-month built green portfolio has been wiped off completely today.
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I feel for you. Maybe it's time to get off and just go to safer stocks.
ZeroSOFInfinity
post Aug 17 2020, 04:57 PM

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QUOTE(hellkvr @ Aug 17 2020, 04:54 PM)
damn supermax from rm24 to rm16, 33% in few days.
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It's a well known goreng stock with contra and margin players. Without both, you're seeing its downfall.
ZeroSOFInfinity
post Aug 17 2020, 05:05 PM

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QUOTE(AVFAN @ Aug 17 2020, 05:03 PM)
pretty bad for gloves today.

the only glimmer i see is this - just before 4.45pm, TG was 22.08, spmx 16.6x.

now, tg is 22.42, spmx 16.70.

tmr morning, hope they move up.

but overall, i see no sign the correction is over yet. sad.gif
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It will.

For 10 mins.

Then, the story repeats.

Until....
ZeroSOFInfinity
post Aug 17 2020, 05:06 PM

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QUOTE(ComingBackSoon @ Aug 17 2020, 04:55 PM)
What a disaster for me to buy right after Supermax post record profit bangwall.gif .

Still holding on to TG. Hopefully its the right choice and won't turn out to be like my Sapura Kencana.

Meanwhile, be prepared to hear more "I told you so" from perma-bears.
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You go to see the i3 forums of Supermax and TG. It has descended into anarchy. Like end of days is coming.
ZeroSOFInfinity
post Aug 17 2020, 05:14 PM

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QUOTE(ComingBackSoon @ Aug 17 2020, 05:09 PM)
Those who dare to buy now, must have the willingness to hold for 2 quarters at least.

The bear trend is now solidly established. EGM and even the US issue resolved is unlikely to change the bear trend. Can only be reversed by showing growing profit over and over again.
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Gold seems the best option now. But extremely volatile. Can rise and fall in an instant.

BTW if KYY doesnt write anything in next few days, or he did but says "I sold TG and Supermax already", prepare to see anarchy on the glove sector for days to come.

ZeroSOFInfinity
post Aug 17 2020, 05:27 PM

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QUOTE(theberry @ Aug 17 2020, 05:20 PM)
It will cause bursa another hang and limit down lol
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Lol... yeah.

But truth be told, at the rate its falling, both TG and Supermax might reach 10 or less before share splits..............
ZeroSOFInfinity
post Aug 17 2020, 05:33 PM

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QUOTE(GarageSalesUser @ Aug 17 2020, 05:31 PM)
damn..you should cut loss bro
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whistling.gif
ZeroSOFInfinity
post Aug 17 2020, 06:27 PM

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QUOTE(AVFAN @ Aug 17 2020, 06:25 PM)
i do it in 2 parts.
i hold some, i trade some.
what i hold, breakeven at 22.4x.m which is now.
if it goes below 20, i will hv to consider exiting them.
i bot 2day 21.70, 22.10.
so, i will be ready at 9.00-9.10am! laugh.gif

i m still optimistic there will be a season 2 after egm, split, us ban resolved, QR.
if all that goes bad, anyone will know what to do! biggrin.gif
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You sure have really deep pockets.
ZeroSOFInfinity
post Aug 17 2020, 06:30 PM

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QUOTE(Duckies @ Aug 17 2020, 06:14 PM)
Yea at this point can escape with 10% loss is considered a blessing already. But I didn't enter much for muiprop la. The rest stuck at Ruberex  cry.gif
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Well you should rename it as "Rubber-EX". As in goodbye.
ZeroSOFInfinity
post Aug 17 2020, 07:31 PM

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QUOTE(lamode @ Aug 17 2020, 06:52 PM)
https://koonyewyin.com/2020/08/17/covid-19-...and-for-gloves/

damn.. every time he says no worry, i got bad feeling for what’s going to happen next. best he post he sold all his share d..
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He's bleeding heavily on Supermax.
ZeroSOFInfinity
post Aug 17 2020, 07:43 PM

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QUOTE(kembayang @ Aug 17 2020, 07:35 PM)
To console the local gloves holders.

See this stock price today compare last week.
Next Digital Ltd
HKG: 0282
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More like "you have been warned".
ZeroSOFInfinity
post Aug 17 2020, 08:40 PM

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Gold prices has been steadily increasing in last few hours. If tomorrow keeps rising, the gold counters will have a field day.....
ZeroSOFInfinity
post Aug 17 2020, 09:20 PM

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QUOTE(hs_clover @ Aug 17 2020, 09:08 PM)
How is everyone tat bought mui prop? Still doing ok?
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Watching gold price per hour on a daily basis. And hoping the price increases high enough before selling.
ZeroSOFInfinity
post Aug 17 2020, 09:21 PM

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QUOTE(ChAOoz @ Aug 17 2020, 09:16 PM)
Yeah, its actually even crazier in the US side. Compare to that our glove speculation seemed very fundamentally driven already.

Anyway talking about genting, i have placed my bet with them. Good counter, beaten down but competitive advantage still in tact. Promote abit  whistling.gif
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Which one you bought? I got some today - thinking now should I go for GenM also.
ZeroSOFInfinity
post Aug 17 2020, 09:57 PM

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QUOTE(SGSuser @ Aug 17 2020, 09:30 PM)
gold steady steady ahh...hehe...gap up opening tomorrow? biggrin.gif

barrick gold also high opening today
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Dang I sold Tomei and Nice on loss. But I still have Poh Kong and MuiProp. If remain high price tomorrow before opening, jackpot.

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