any coco lovers here? thinking of getting myself some chocolates from gcb

I do play GCB from time to time but recently their sales isn't that good currently. It's a good company..can hold and keep.

It hedges too much. It hedges the forex. And then it is rather active trading the cocoa commodity futures. Can see that it's sitting on a 30 million million losses (line 9)? It's not the losses that really matters but if a company can carry such a size losses, can you imagine the size of the contracts they were trading upon.

Yes, in a sense, one might argue that such hedging is required but in the same perspective, it would mean the success/failure of GCB if too depended on the how smart the company executes the trade....

from an investing point of view ....it just doesn't sound logically betting on such a stock. It's like we are betting on how well it bets on its derivatives ....

that's just my reason not to touch such a stock.
yes.. many times we can reason out why we should not touch certain stocks... but yet the stock rises. It happens. It never gets to be. Yup, never let this get to you.

eg, I do not like Mr. DIY products. They are inferior. Cheap. Lousy. And I do not like their business model - they boost sales by opening a store here, there and everywhere. It flies in the stock market. LOL! It happens. Doesn't bother me.

eg. LC Titan. What happened in their previous listing... their ipo... the profits falling drastically lower after listing (dejavu... same as last time) ... compare stock price now versus listing price.

eg. AirAsia... too long to even bother....

yup... i have plenty of stocks which I will not trade.... just saying la.... 

i never convert before so can't help sorry.

this is market maker's setup with time decay, slowly and surely they erode your profit without you knowing. the longer you held onto structure warrant, the longer you will pay the premium, frankly it's worse then going casino.

TGuan and Magni, what are your long term prospects on these two companies guys? Price is attractive now hehehe...

Don't you guys and gals think that most of the stock prices inflated too much comparing to pre-covid era?

Is the stock price really reflect that the business is twofold / threefold better than pre-covid or it's just the bubble getting bigger and bigger?

Good for retailers, not sure for FF.

Bruh this forum is boring without any response. It was pure silence for hours when I wasn't here. Come on la it is the forum for stock trading. Emotions broo alright one more reminder: Hold tech

Hinted Khind before, now it's a good time to take profit time. Esceram either propelling towards high or snap back, but i was out because expecting a pull back could be wrong. SCGM front seat tickets still open, very high reward compare to risk, no chasing needed. Serbadk abt to stage a show as shortists are almost negligible. MESTRON bounce off trendline expecting vaccine approval, additional new business.

FPI is a good stock.  I sold it off too early on 26th January 2021. Since then it has gone up +25%. My mistake.

sold D&O at 2.66, now 3.20 liao

sold tasco at 3.02, now 5.40 liao

lols

on the other hand i have some FGV bought like 5 years ago, by 16th feb i need to decide to sell it 1.3 or keep it with the chance of it being delisted, if im not mistaken

Recovery stocks' rise seem unstoppable now, while Gloves are really testing its shareholders' patience to the limit. I'm still holding H & T since last yr, lol. 

If gloves meteoric rise in 2020 was due to shortage, semicon tech stocks shud see the same trajectory this year. I think ultra high PE is the new normal for Mr. Market's latest darling stocks. If H can reach PE 100 last year, no reason tech stocks cant reach that level too. Considering entering some tech, haha.

I think local funds selling is mainly due to EPF, coz that iSinar & whatnot. Local retail net buying due to low interest rate, too low return frm bank I guess.