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 STOCK MARKET DISCUSSION V150

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GarageSalesUser
post Aug 18 2020, 12:41 PM

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QUOTE(yahiko @ Aug 18 2020, 12:29 PM)
What's the difference between the two?
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traders is short term, in out very fast
investors are long term, usually a few weeks to months
GarageSalesUser
post Aug 18 2020, 03:33 PM

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QUOTE(ry8128 @ Aug 18 2020, 03:32 PM)
Well, thats not what 90% of the forummers here said yesterday. In fact, they are expecting a limit down in gloves today  laugh.gif
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i thought Hengyuan 2.0 hahaha
GarageSalesUser
post Aug 18 2020, 03:56 PM

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QUOTE(ZeroSOFInfinity @ Aug 18 2020, 03:53 PM)
Thinking of selling Kossan first... stagnanted at 15.90+ for a while...... lock some profits first.......... shall I?
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i thought u sold all gloves? bruce.gif
GarageSalesUser
post Aug 18 2020, 04:16 PM

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QUOTE(jkfoong @ Aug 18 2020, 04:12 PM)
I wonder why not many people here buy on Adventa. Any reason of it?
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sentiment + FOMO
GarageSalesUser
post Aug 18 2020, 04:40 PM

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QUOTE(AVFAN @ Aug 18 2020, 04:39 PM)
it is cruel, isn't it?

those that dumped hard yesterday...  cry.gif
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got gamed by naysayers
GarageSalesUser
post Aug 18 2020, 05:09 PM

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QUOTE(Vanguard 2015 @ Aug 18 2020, 05:05 PM)
One forumer here highlighted a problem with the traders/investors in this forum including myself.

Our TA is weak.

I will be the first to admit. I have some basic understanding about FA but my TA sucks. This becomes a problem as to when to buy? The FA of the stock may say good value. But the TA says no. Thus we sometimes buy at the wrong entry price when the price is still falling and has not bottomed out yet. Will a good knowledge of TA help us in this sense?

Another problem that we face is when to sell the stock? Do we follow the TP set by the IB or do we follow our heart? Let's take me as an example. Now I am sitting on a healthy profit. So, when is the right time to sell if we don't have a good knowledge of TA?

Any views from the sifus here?  notworthy.gif
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i think TA is much more used in US counters and forex trading.
in Bursa, market sentiment + FA is more significant and maybe a little TA for support and resistance level.
GarageSalesUser
post Aug 19 2020, 11:02 AM

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no show complen, up complen, down complen
huhu whistling.gif
GarageSalesUser
post Aug 19 2020, 04:30 PM

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QUOTE(Barricade @ Aug 19 2020, 04:27 PM)
Wah everyday also expect limit up meh? πŸ˜…

One day go up 2-3% I happy already lo
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β€œOnce men have tasted caviar, it baffles me how they settle for catfish.”
β€” Blair Waldorf, Gossip Girl

hahahaha

This post has been edited by GarageSalesUser: Aug 19 2020, 04:30 PM
GarageSalesUser
post Aug 20 2020, 10:59 PM

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QUOTE(misaka @ Aug 20 2020, 10:25 PM)
Tmr red day ..... sad
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wow..your crystal ball told you tomorrow's gonna be red?
GarageSalesUser
post Aug 21 2020, 10:19 PM

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https://www.theedgemarkets.com/article/glov...y?type=malaysia

-A+A
KUALA LUMPUR (Aug 21): Negeri Sembilan-based glove manufacturer Careplus Group Bhd has proposed to acquire industrial land measuring 296,800 sq m in the state for RM23 million to expand its facilities.

The land is located in Rembau, near its existing factory in Senawang, the group said in a filing with Bursa Malaysia.

"The proposed acquisition is undertaken in line with the group's future and immediate expansion plans to increase its existing manufacturing capacity by commissioning new production lines. The property to be acquired will be earmarked for warehouse construction as well as future development of new manufacturing facility," said Careplus.

The group said it is buying the entire 100% stake in Time Aircraft Manufacturing Sdn Bhd, the company which owns the Rembau property.

Time Aircraft has net assets of RM1.95 million, inclusive of the industrial land, which has an audited book value of RM1.87 million.

However, Careplus noted that the sale price is based on market value of similar property around the area, which ranges from RM5.28 to RM37.30 per sq ft, based on data from the Valuation and Property Department.

The land, when converted, would measure 3.194 million square feet.

"The property is gazetted as for aviation industrial use, suitable to be converted into heavy industry use for glove manufacturing plants.

"The size is about three times larger than all of Careplus and its subsidiaries' factories combined," it said, adding that construction for a new production facility on-site is expected to begin early next year.

Careplus said it will fund the acquisition using internally generated funds. As at end-June, the group had cash of RM17.19 million.

Shares in Careplus closed unchanged at RM4.18, valuing the group at RM2.26 billion.
GarageSalesUser
post Aug 22 2020, 10:06 PM

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QUOTE(ZeroSOFInfinity @ Aug 22 2020, 09:09 PM)
Wait till the moratorium ends, or when glove "bull run" ends. People will flock back to blue chips with high dividends like bait to fish.
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which blue chips with high dividends are making as much profit, if not losses, as compared to the health care sectors?
GarageSalesUser
post Aug 23 2020, 08:32 PM

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Look like the stocks either move up, down or sideways tomorrow rclxms.gif
GarageSalesUser
post Aug 27 2020, 11:25 AM

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QUOTE(ZeroSOFInfinity @ Aug 27 2020, 11:23 AM)
GLLLLLLLOOOOOOOOVEEEEEE DAY.
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sifu ald say glove day. Sai lang all in liao lo icon_idea.gif
GarageSalesUser
post Aug 27 2020, 10:27 PM

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QUOTE(lauwenhan @ Aug 27 2020, 10:21 PM)
Motherf I put 10% of my savings in Genting and GM total paper loss 5 figures.
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millionaire thumbup.gif
sharky rclxm9.gif
GarageSalesUser
post Sep 1 2020, 12:26 PM

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you call really think kyy got BIHLIUN ah can control the market sweat.gif
GarageSalesUser
post Sep 11 2020, 09:37 AM

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QUOTE(ChAOoz @ Sep 11 2020, 09:32 AM)
Lol retailer.. never learn.

Ytd somemore got tg staff appeared here to push. If co so good, already quietly accumulate no need to do such marketing.
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what you mean..."if co so good"?
is TG not a good company? which co's bal sheet and P&L is in a better shape than TG?
GarageSalesUser
post Sep 11 2020, 08:02 PM

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QUOTE(icemanfx @ Sep 11 2020, 07:47 PM)
shareholders normally buy back to prevent share price to drop below certain level e.g pledged margin price. company normally buy back in lieu of dividend payment.

if qr is better than most expected, share price will rise, company doesn't need to buy back or do anything. it is highly unusual for company to buy back when its stock is popular.
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As long as they are not going into debt to buyback shares, why worry?
They are a cash rich company and this can be seen as a confidence towards it's own stocks.
Of course this is my opinion only la..
GarageSalesUser
post Sep 13 2020, 10:56 PM

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QUOTE(ry8128 @ Sep 13 2020, 10:50 PM)
What is his tp?
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his TP is to masuk Fortune 500
GarageSalesUser
post Sep 14 2020, 11:41 AM

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QUOTE(waghyu @ Sep 14 2020, 11:39 AM)
All gloves gonna climb further. Just hold.
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you've converted to the dark side rclxms.gif
GarageSalesUser
post Sep 14 2020, 11:42 AM

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Is TG report coming out in the afternoon or end of the day?

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