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 STOCK MARKET DISCUSSION V150

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B@rt
post Nov 3 2020, 09:11 AM

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Pls can somebody post the market participation of the last 3 days... that pickastock website has been down
B@rt
post Nov 3 2020, 10:12 AM

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Any latest news on windfall tax?

This post has been edited by B@rt: Nov 3 2020, 10:14 AM
B@rt
post Nov 3 2020, 02:17 PM

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QUOTE(Duckies @ Nov 3 2020, 11:05 AM)
Windfall tax + BNM OPR rate cut + US election = cheap glove.

I am waiting for that moment to go in
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I think you too pessimistic adi... instead I think:

Biden win + No OPR cut + No windfall tax = don't wait too long, ie before FF comes in

This post has been edited by B@rt: Nov 3 2020, 02:18 PM
B@rt
post Nov 3 2020, 11:51 PM

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QUOTE(AVFAN @ Nov 3 2020, 09:11 PM)
WARNING: those who firmly believe gloves prices will fall v soon and/or glove stock prices will become cheapo, please do not read below article. tongue.gif
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CGS-CIMB reiterates 'add' call, target price for Supermax
https://www.theedgemarkets.com/article/cgsc...-price-supermax

I read.................... cos I bought gloves keke

This post has been edited by B@rt: Nov 3 2020, 11:52 PM
B@rt
post Nov 4 2020, 09:16 AM

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slow morning... waiting for US election results kua...

as at 9.15am, Biden 30 Trump 26
B@rt
post Nov 4 2020, 02:02 PM

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QUOTE(icemanfx @ Nov 4 2020, 01:27 PM)
red neck is always a red neck.
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I think BLM really played into DT's favor. When they see the protests and looting on TV they scared adi and vote for DT loh...
B@rt
post Nov 5 2020, 04:44 PM

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dangit gloves going up now.... I lost my opportunity to fire my last bullet to average down. Luckily, I've been shooting progressively

This post has been edited by B@rt: Nov 5 2020, 04:45 PM
B@rt
post Nov 5 2020, 04:55 PM

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QUOTE(lauwenhan @ Nov 5 2020, 04:53 PM)
I don't know about Carlsberg. But my dad bought Heineken because he said Carlsberg tastes bad. Real question: Why are alcohol brewery companies not profitable for the last quarter?
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simple answer is people are going out less to bars, people are spending less on unnecessary things, happening places like clubs and bars are closing down.
B@rt
post Nov 5 2020, 06:00 PM

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QUOTE(icemanfx @ Nov 5 2020, 05:47 PM)
Green for budget tomorrow
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OK everybody wear the same underwear you wore today... busuk pun tak apa janji green
B@rt
post Nov 6 2020, 08:50 AM

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QUOTE(mujinkun @ Nov 6 2020, 08:38 AM)
Normally, if the stock price drop to 40%~50%, what normally should we do, panic selling or average out?

Tqs
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when I just started investing, I was naive and tried my hand at goreng stock (small amount). I still keep that goreng stock that I bought till today (-62.22%) as a reminder to myself not to play with things that I don't know how to play with.

I think it depends on how much you invested and whether that company has the potential to come back.

This post has been edited by B@rt: Nov 6 2020, 08:51 AM
B@rt
post Nov 6 2020, 09:19 AM

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QUOTE(mujinkun @ Nov 6 2020, 09:09 AM)
It is SMTrack.
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Suggest you read their Annual Report and quarterly announcement for future prospects and do an evaluation of the industry they are in. If positive future prospects and they have a big project lined up then can keep... otherwise if their industry affected by Covid then...

This post has been edited by B@rt: Nov 6 2020, 09:19 AM
B@rt
post Nov 6 2020, 09:34 AM

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as predicted the Gloves rise yesterday was due to FF

Participation Participation % Bought (RM Mil) Sold (RM Mil) Net (RM Mil)
Foreign 14.64% 640 499 141
Local Institution 43.41% 1,617 1,761 -144
Local Retail 41.96% 1,634 1,631 3
Total 100.00% 3,890 3,890 0
B@rt
post Nov 6 2020, 10:02 AM

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QUOTE(CertifiedHomphobe @ Nov 6 2020, 09:36 AM)
I did kind of did some 'research' and glove is probably the best bet for now. Good fundamentals and growth etc.

But there's this cognitive dissonance going on here. People keep saying negative things so you start to feel like you've made a mistake.  Added on with the drop after the qr and doom sayers tried to make a point of this.
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By doing so ppl like you and me can make money by riding the gloves rollercoster ride (buy low sell high). Of course it would be better if it was only going straight up to outer space.


QUOTE(Vanguard 2015 @ Nov 6 2020, 09:46 AM)
Good morning folks.

Everyone is waiting for the Budget 2021. Do you know what time is the announcement?
...
I have decided to re-enter Adventa this morning. With that, my stable of 10 glove stocks is complete. This is either going to turn out superbly well or end up as a nightmare by the end of today or Monday morning. Wish me luck guys!
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I'm with you bro.

Biden win + No OPR + No windfall tax = ?


QUOTE(boner672 @ Nov 6 2020, 10:01 AM)
my usual website seeing this info is down(https://www.pickastock.info/).

May i know where you see this data?
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https://www.bursamalaysia.com/market_inform...stic/securities

This post has been edited by B@rt: Nov 6 2020, 10:03 AM
B@rt
post Nov 6 2020, 02:25 PM

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btw wanna ask:
Supermax share dividend is 1 treasury share for every 45 existing shares.

if a shareholder has 4000 shares for example which means they get 88.88 shares as dividend, how do they give this odd number of shares to that shareholder?
B@rt
post Nov 6 2020, 04:43 PM

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Woo FF buy buy buy. looks like 4.00 pm show delayed to 4.30 pm show

If the 2 other happiness materialise over the weekend then we're set.

Biden win + No windfall tax + No OPR (confirmed) = woo woo!
B@rt
post Nov 7 2020, 09:49 AM

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https://www.theedgemarkets.com/article/here...1?type=malaysia

Nice!!!
B@rt
post Nov 7 2020, 09:52 AM

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QUOTE(AVFAN @ Nov 7 2020, 09:08 AM)
this is a penny stock with news to distribute vaccine, isn't it?

what latest news is there to get it going?

or has it been over gorenged leaving some at penthouse?
rm2b PAT for next QR may be a bit hard to achieve due to cmco, labor constraints.

but 8b for CY2021 is definitely on the cards.

another 8b for 2022 is looking increasingly likely too.
from the analyst briefing slides:

TG capacity/production growth plans for 2020, 2021, 2022: 33%, 22%, 12%.

Spmx: 20%, 39%, 33%.

each year, they each add 10-15bil pcs while newcomers will bring on 2-3 bil pcs each.

add all of them together, still can't meet global shortage now by about 200 bil pcs p.a.

so, can expect ASP to stay elevated into 2023.

i am now more bullish on spmx than TG.

somehow this EPF stake in TG and their fund managers daily trading seems to be stifling the stock price.

but they keep incr the stake, now at almost 5.9%:
https://www.bursamalaysia.com/market_inform...?ann_id=3103325
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While they make the share price more stable but downside is it doesn't bounce back so fast after a dip.
B@rt
post Nov 7 2020, 08:39 PM

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QUOTE(skty @ Nov 7 2020, 02:28 PM)
I expecting the market to crash.  laugh.gif
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When you make statements like that best if you give your basis for it... otherwise you lose credibility
B@rt
post Nov 9 2020, 09:18 AM

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QUOTE(icemanfx @ Nov 9 2020, 08:41 AM)
Unusually quiet, many are ready to sell on price rise?
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I'm not ready to sell my gloves yet!

lots of positive news in the near future:

Anticipation for the budget to be approved
Biden announcing strong initiatives to combat Covid-19 and increase in healthcare budget,
gloves QR
Gloves dividend
Budget 2021 approved
Spmx and Kossan in the KLCI

Any more I am forgetting?
B@rt
post Nov 10 2020, 11:39 AM

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This round I'm out of bullets liao... the vaccine news took me by surprise... oh well have to wait for next round

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