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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Aug 21 2020, 03:56 PM

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QUOTE(bronkos @ Aug 21 2020, 03:52 PM)
u bought earlier?
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Yes, at 3.91. But anyhow it's for dividends, so I'll leave it there. Although the loss is a "black mark" in my portfolio. shakehead.gif
ZeroSOFInfinity
post Aug 21 2020, 03:57 PM

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QUOTE(bronkos @ Aug 21 2020, 03:52 PM)
Maybank vs cimb?

which would u pick?
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Dividend alone win CIMB.
ZeroSOFInfinity
post Aug 21 2020, 04:09 PM

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Gonna take a punt and predict gold price will go up during the weekend.....
ZeroSOFInfinity
post Aug 21 2020, 04:16 PM

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QUOTE(CQT @ Aug 21 2020, 04:14 PM)
Can enter TG now or is it too late?
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If you believe that TG can go past RM 30, still not too late. whistling.gif
ZeroSOFInfinity
post Aug 21 2020, 04:39 PM

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Last 10 mins of normal trade for week, and Supermax is moving fast.....
ZeroSOFInfinity
post Aug 21 2020, 04:49 PM

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QUOTE(ChAOoz @ Aug 21 2020, 04:48 PM)
Gambling and casino will not change significantly. License will also always be needed to operate a casino.

They have very strong competitive advantage. Not like topglove can open a casino or operate a themepark on top of a mountain in malaysia even if they want to.

But almost everyone can be a developer if they are rich enough.

Well change or not , the QR will show.
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The Star today got an article on Genting and Lim Kok Thye. Maybe it will give some hints as where Genting is going next.
ZeroSOFInfinity
post Aug 21 2020, 04:51 PM

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Farking hell..... Harta been dily daily whole day, and last 20 mins naik 54 cents. Tsk...... sold it earlier to buy Comfort and Careplus..........

BTW, added some MuiProp with balance of remaining money. Now, let's see if gold prices will go up during the weekend.......

This post has been edited by ZeroSOFInfinity: Aug 21 2020, 04:53 PM
ZeroSOFInfinity
post Aug 21 2020, 04:55 PM

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QUOTE(ry8128 @ Aug 21 2020, 04:46 PM)
Very nice rally by the big 2 towards the end, but too bad unable to stay at 28 and 22.

But both of them looks really strong  thumbsup.gif Lets see how it goes next week.
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TG ends today at 28 with last minute rally. Noted that the other big 3 also surged up in last hour. Preparation for next week's show? flex.gif
ZeroSOFInfinity
post Aug 21 2020, 05:39 PM

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QUOTE(ChAOoz @ Aug 21 2020, 05:30 PM)
Don't worry its more or less upside now. If you enter in a nice buy zone, there is not much issues later.

Unless genting pn17 LUL. It could happen.
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Well, I see it going up again to 4+, but not this year. Probably when theme park opens next year.
ZeroSOFInfinity
post Aug 21 2020, 06:42 PM

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QUOTE(misaka @ Aug 21 2020, 06:37 PM)
Uh... I didnt see anything. What is it about?
ZeroSOFInfinity
post Aug 21 2020, 06:46 PM

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QUOTE(twilight_fever @ Aug 21 2020, 06:42 PM)
This is what puzzle me as well..
Direct bought alot of it..maybe expecting something big to happen?
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Rubberex + Comfort + HLT + (investment company) = Big 5.
ZeroSOFInfinity
post Aug 21 2020, 06:47 PM

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QUOTE(misaka @ Aug 21 2020, 06:45 PM)
user posted image
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Oh. Didnt if fly already last few days?
ZeroSOFInfinity
post Aug 21 2020, 07:01 PM

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QUOTE(twilight_fever @ Aug 21 2020, 06:54 PM)
How so?
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JV.
ZeroSOFInfinity
post Aug 21 2020, 08:02 PM

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QUOTE(MakNok @ Aug 21 2020, 07:38 PM)
congrats.
Esceram pretty strong in closing.
Monday should be continue going up
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Got bonus share and warrant proposed. Current price, that's a steal.
ZeroSOFInfinity
post Aug 21 2020, 08:14 PM

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QUOTE(crystalclearlah @ Aug 21 2020, 08:13 PM)
The government should never impose windfall tax. These companies already pay taxes anyway.
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Windfall tax = biggest suicide note in history.
ZeroSOFInfinity
post Aug 21 2020, 10:36 PM

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QUOTE(GarageSalesUser @ Aug 21 2020, 10:19 PM)
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.
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Monday gonna be interesting.....
ZeroSOFInfinity
post Aug 22 2020, 06:35 AM

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DJI ends week in positive note. Gold is steadily climbing back. Monday shall be interesting.

BTW, about Top Glove....

QUOTE
Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Top Glove Corporation Bhd ("TOPGLOVE" or "the Company") wishes to announce that Tan Sri Dr Lim Wee Chai, Executive Chairman and Mr Lim Hooi Sin, Executive Director of TOPGLOVE, intend to deal in the securities of TOPGLOVE during the closed period prior to the release of its financial results for the fourth quarter ended 31 August 2020.


Expect to see some BIG movements from next week until release of 4QR results in middle of next month. You have been informed brows.gif

This post has been edited by ZeroSOFInfinity: Aug 22 2020, 06:44 AM
ZeroSOFInfinity
post Aug 22 2020, 11:51 AM

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QUOTE(AVFAN @ Aug 22 2020, 11:28 AM)
every glove maker is expanding.

new ones are entering.

demand is surely growing.

but there will come a time industry consolidation will happen... 2025? 2030?

some insights from TG's egm slides:
they have been buying big frequently since early aug... and looks like they r still buying.... until ex-date, i guess.

some people think this is weakness, a red flag that these shareholders had to buy to shore up price support... i dun think so.
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If I were TG director, I surely want my share price to remain as high as possible after the split (3:1).

30 becomes 10.
33 becomes 11.
36 becomes 12.

Then comes the 4QR results 2 weeks later...... up again till 18 or 20....

So buying is a good idea..... not selling.....

This post has been edited by ZeroSOFInfinity: Aug 22 2020, 11:52 AM
ZeroSOFInfinity
post Aug 22 2020, 11:54 AM

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QUOTE(ry8128 @ Aug 22 2020, 11:39 AM)
It will happen earlier than that. I will stop playing gloves counter very soon, won't even wait until end of the year. Unless something big happen again, haha.
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You can keep some, but no more playing is good idea. Plan to stop latest by end of year. Or when market does correction again (possibly at moratorium).
ZeroSOFInfinity
post Aug 22 2020, 01:08 PM

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QUOTE(PSS2020 @ Aug 22 2020, 12:24 PM)
Hi all,

Ex Date 03/9
Entitlement Date 04/9

I know if I want to get the dividend, I have buy or hold shares 1 day before ex date, is it the same for bonus issue?

Or if I have existing shares I just need to hold until 04/9 5pm.

If I wanna buy new shares and entitle for bonus issue, I have to buy on 02/9, becoz of T2, 04/9.

Correct?

And entitlement date = record date?
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By 5pm @ 3/9, you MUST have at least one share of the company to get the dividend. Whatever happens next is your decision.

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