Reason why FF and FDI shy away from this country.

it's the same in almost all bourses, USA worst.

just too much money chasing everything, incl money losing stocks.

bursa, we have "goreng" - u can throw anything into the wok, can goreng.

seriously, if u wanna go in... should u go into money losing ones or money making ones at this time?

ok, some will say "forward looking"... like tesla... PE 115... maybe people expecting laser blasters and teleport devices in 20 years time?

I totally agree, especially the 'techs'. Abit too overrated.
I am thinking of moving out of bursa and join the emerging markets that have a lot of FDI via unit trust.

For techs, their PE damn...  not sure why they havent start shorting these techs.
If the growth is sustainable for years, then ok la, but we dont know yet lo

Just few examples:
Greatech FY22 estimated EPS is 25.9
UWC FY23 estimated EPS is 26

As of current price,
Greatech FY22 forward PE is 36 at RM9.48
UWC FY23 forward PE is 37.5 at RM9.75
They are definitely not cheap if they cannot grow the earnings after 2023, especially when FD is raised back later. But if they can sustain their growth rate even after 2023, then definitely can consider, but now no projection data for after 2023 yet
Because of contribution from Topglov and Harta, they are till up a lot compared to pre-covid. Totally carried the KLCI

Every now and then there will be overvalued and undervalued stocks, so if you are fundamental guy, then u must search for undervalued stocks and buy it.

As for overvalued stocks, u must play it using TA.

So it depends on how u wan to play it.

This happens every time. Get use to it.

High performance noise cancelling headphone helps.
If you are interested to know more, some little exposure can be found in the following video

https://youtu.be/LcwMMKvzPms
Still approved huh?

I heard my friend say EPF making noise at the AGM asking the boss don’t do SBB so often.

What does that mean? Haha.

Sigh, political play again.
Wondering if I should retreat to cash for the near term.

Did some research and apparently RSS holding period is indefinite as long securities are borrowed through Securities Borrowing and Lending (SBL) or purchased through Islamic Securities Selling and Buying –
Negotiated Transaction

I’ve started averaging down since the start of the dip haha..

Sitting at quite some paper loss..

Looking forward to see when it makes a come back, fundamentally speaking I’m not worried, it’s a net cash company with huge growth potential due to increasing demand for stretch films,trash bags and courier bags(one of their customers is Amazon).

How's your Maybank?
Anyway, TGuan, for me, oil is the main factor....  I think u know la... but for company like TGuan, the initial higher oil prices is actually good for TGuan cos it does a have good management of its raw material inventory...blah blah blah... but such profits cannot sustain when its raw materials is based on the higher oil prices.
This one is actually one of the miss. Can't win it all.

...

the main up trend from March 2020 is now gone ....

Oh yes... USD is a factor.

Sorry for not mentioning it.
It's a good business no doubt.... but in the market... the market is damn picky and fickle minded..... and nasty.............

Is it still a bull market?
I'm starting to see a bear with horns.

hahahaha this session is fun.

have you guys see how the TG short seller get crushed just now?

their RSS queue just get breakthrough just like that.

guess they don't have much friendlies around.

very fun! 

Foreign equity investors have mainly been on issues around political uncertainties and governance, the latter which happened to be one of the reasons for the Fitch downgrade to BBB+ recently.

KUALA LUMPUR (Jan 8): PNE PCB Bhd's share trade volume skyrocketed 255 fold to 89.42 million at Bursa Malaysia's afternoon break today from 346,700 yesterday after the circuit board maker announced its proposal to diversify into manufacturing and sale of rubber gloves to capitalise on the Covid-19 pandemic-driven demand for gloves.

remember the simulation we talked about? the 3 options?

how?

Huhhhh?
Okay. Nvm.

Let me answer, Boon will jump in for a trade, quick in quick out, don’t ask me how quick 

Why: resistance line broken laa..price up, volume up, momentum there, apa lagi mau confirm? 

My only concern now, How far up side.

Look at the PEs Tech is enjoying.
If the market tanks, I'm expecting Tech to crater harder than most.

Brace

there has been plenty of talk about a "total lockdown" on Feb 5 if covid cases dun decrease by then.

latest:
if it really comes to that, it will be devastating... vegetables, fruits, chicken, fish will rot away while millions go hungry.

millions of foreign workers don't go to work but stay in their cramped dorms/hostels waiting to be infected.

millions more will go hiding in the jungles, villages and kampungs.

imagine the outcome after, say 4 weeks.

perhaps some menteli need to come out of the cave and say something rational and intelligent.