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STOCK MARKET DISCUSSION V150
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Aug 10 2020, 08:31 AM
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QUOTE(lauwenhan @ Aug 9 2020, 11:56 PM) I’m guilty of this. I used my savings which actually consists of trust fund and my parents’ money and ang pau money. I was so fucking retarded, heavy in college debts and went and all in every glove counter in March 2020. I was about to drop out of college because I was going to work for some time before returning to school. Then coronavirus hits and MCO. Fuck can’t find jobs. What to do? Open stock account. I think there has been a surge in blind traders because many of my friends opened accounts and kept asking about which penny stocks to buy. I won’t recommend penny stocks ever regardless of the perceived “potential” or room for growth. There is always a reason why a stock is dirt cheap. No need to feel guilty. I dont know why there are people trying to judge students who buy shares just because its a bull market now. There is nothing wrong with being a little more privileged than others to have extra money during college time to buy stocks. Whether you earn or lose money, you bought not just shares - you also bought experience. That, to me is truly “investing”
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Aug 10 2020, 03:27 PM
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QUOTE(HereToLearn @ Aug 10 2020, 03:19 PM) I dont think the fear mongering is an appropriate term here. ZeoresOfInfinity was more like creating public awareness. I respect your opinion. But I beg to differ. Like you said, retail confidence is still high. Short selling is still not allowed. This bull run is far from over.
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Aug 10 2020, 03:32 PM
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When you buy fundamental stock or do the so called Warren Buffett style "value investing", you must have absolute confidence in your analysis and be happy to buy more when prices dip, instead of fear.
Also must have patience to wait 5 years if you are really so confident that the "market got it wrong".
Can see many Buffett and CFA wanna-bes with no patience in this thread.
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Aug 10 2020, 04:58 PM
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QUOTE(AVFAN @ Aug 10 2020, 04:54 PM) my eyes are only on TG and spmx. spmx only becos of the PAT to be announced in 15 min or so... will have an impact tmr. TG is now 27.20... so, OK, good, not bad at all! relative to the others, i mean...  27.20 is not good... RM24.88 baru good... I want more. Hope it crashes to 24.88 before the US issue is resolved.
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Aug 10 2020, 05:11 PM
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QUOTE(cofin @ Aug 10 2020, 05:03 PM) susah la want hit 24 i think .....kyy and many those online sifu keep hardsell ...not yet reach their tp35-126 the show wont gone case so fast .....after hit 35-40 i think need to trade with cautious already topglove Possible 1. Very volatile now. 1 bad news about the US issue can send the price gap down by RM3 last round. RM24 is just 9% down. Sometimes in a day fall more than (although most of the time recover within same day). Just have to watch out for it especially the first 15 minutes of the session.
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Aug 10 2020, 07:18 PM
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QUOTE(HereToLearn @ Aug 10 2020, 07:12 PM) Wow superman result, PE 17x, looks like it might be a good idea to take some risks here LOL The fundamentalist has changed his mind.
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Aug 10 2020, 07:20 PM
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QUOTE(Barricade @ Aug 10 2020, 07:18 PM) No need hoo haa la, remember TG announce their profit? Drop also the following few days. The price now already accounted the profit But do you wish you gotten some at the “peak” price of RM18 tho?
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Aug 10 2020, 07:51 PM
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QUOTE(skty @ Aug 10 2020, 07:46 PM) today is a fun shopping day for me. So many chance after chance to continue average up when the price dip again and again today.  Congrats. All thanks to fundamentalist. Wanted to get some but greedy wanted to fish lower. Hopefully still have chance tmr. If got heavy profit taking like what happened to TG last round.
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Aug 10 2020, 09:37 PM
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QUOTE(lauwenhan @ Aug 10 2020, 09:06 PM) Or just get a Bloomberg terminal and work at Bursa as operator. Confirm you’ll get the stocks at any price you want during market open first before 99% of Ikan bilis. I’m just kidding because I don’t actually know how stock trading works at a corporate level Ya... you really dont know how trading works... Bloomberg terminal cannot trade. Only a licensed broker can submit trades on client’s behalf...
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Aug 10 2020, 09:38 PM
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QUOTE(mitodna @ Aug 10 2020, 09:21 PM) I got trapped on chase high on Dpharma, didn't avg down either, now still trapped and lose 10% Carepls, also join the high wave, and lose 14.3% wrongly average down too Both I didn't sell yet Join high wave sure has this risk Dont worry glove mania is not over yet.
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Aug 11 2020, 08:44 AM
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QUOTE(lauwenhan @ Aug 11 2020, 07:53 AM) Glove demand won’t be that high after the pandemic. Plus the glove frenzy might end anytime soon. You can’t compare it to Nestle because it is involved in food and beverages products which is a daily necessity (Even though they have certain unethical business practices and known to sell water at higher premiums in poverty-ridden countries) You have crystal ball? Conlan97firm glove demand won't be that high after the pandemic? No. So this is only your opinion. If you are a finance student or CFA analyst you should know - separate opinions from facts.
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Aug 11 2020, 08:48 AM
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TOP tak boleh pakai until 8.59am. Even then just an indication
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Aug 11 2020, 09:10 AM
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QUOTE(ZeroSOFInfinity @ Aug 11 2020, 09:09 AM) Open at 28.30. Fly to 28.78, then drop back now hovering at 27.90
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Aug 11 2020, 09:16 AM
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QUOTE(Barricade @ Aug 11 2020, 09:13 AM) Told you. Heading there now. Next catalyst - Monday EGM
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Aug 11 2020, 09:30 AM
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QUOTE(Barricade @ Aug 11 2020, 09:21 AM) If SPMX priced at RM23, i rather topup TG to be honest. Hi 5. Just reloaded. After EGM pass the bonus ossue reso we should see some movement.
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Aug 11 2020, 10:09 AM
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Aug 11 2020, 10:19 AM
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QUOTE(annoymous1234 @ Aug 11 2020, 10:11 AM) wow TG gonna drop to closing price, lucky this morning rakuten no hang, managed to cancel my 28 queue Ya loh. A lot of dumping. Need to wait for 2 catalyst: 1) US issue confirm solved 2) Bonus issue
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Aug 11 2020, 02:12 PM
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QUOTE(active92 @ Aug 11 2020, 02:10 PM) anyone still holding careplus? is it still worth to hold? Yes me. I don't know worth it or not but I'm holding.
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Aug 11 2020, 02:44 PM
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QUOTE(yahiko @ Aug 11 2020, 02:39 PM) i think that time is my 1st time gain ~ then happy then lost.. about 3K gone.. then i very sakit hati i come to Lowyat consult sifu.. the sifu here say 3K tuition fees is cheap.. theirs is 5K-10K then i felt much more better  Haha seems like my tuition fee is the cheapest. RM1.6k in Sapura Kencing.
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