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 STOCK MARKET DISCUSSION V150

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post Sep 9 2020, 02:06 PM

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QUOTE(B@rt @ Sep 9 2020, 01:03 PM)
Maybe if TG gives a SUPER nice dividend can bounce back?  Anyway I think TG is not doing enough PR to save its share price.  If they want to turn it around they have to engage a PR agency to feed the press with their good news everyday in order to change local retailers sentiment.  At the moment the local retailers like myself are leaving the stock market due to the following reasons:

- moratorium money leaving the market
- foreign funds leaving since 2-3 months ago
- poor market sentiment due to worsening economy and unemployment rise
- blue chip stocks like bank stocks impacted due to expected credit loss after moratorium, OPR cuts
- vaccine news : when got good vaccine news gloves go down and drag the market down.  bad vaccine news market go down because of fears and this drags down gloves.
- US tech stocks go down causing Asian stocks to follow.
- unstable government and questionable acts, eg 1MDB case settlement, LGE issue
- local Covid-19 cases rising

Any other reasons I missed?
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Maybe you're right. What I'm saying is - announcing profit increase won't move the needle.

I agree with you, retailers are going out. Need more catalyst in the short-medium term.
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post Sep 9 2020, 02:28 PM

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QUOTE(EBBattlefield @ Sep 9 2020, 02:26 PM)
YOU MEAN sapura energy? tongue.gif
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This company's controlling shareholder and top management are only interested in paying themselves huge salary....

Avoid.
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post Sep 9 2020, 04:52 PM

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QUOTE(bronkos @ Sep 9 2020, 04:48 PM)
Kossan at this rate of nosediving no bonus issue also no problem.
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Investors who learn from Peterlynch, after come back from fishing trip open account, would have thought Kossan gave a 1:1 bonus issue rclxms.gif
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post Sep 9 2020, 05:18 PM

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QUOTE(MakNok @ Sep 9 2020, 05:13 PM)
i read got 6 ESOS

(1) 542,600 at RM 1.54
(2) 1,767,100 at RM 1.57
(3) 1,829,700 at RM 1.63
(4) 419,600 at RM 1.69
(5) 677,700 at RM 3.30
(6) 900 at RM 4.25
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Thats 5.2 mil shares to be sold in the market tomorrow, if they all decide to sell. About 3.7% of today's volume.
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post Sep 9 2020, 05:23 PM

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Speaking of which, 135m shares valued at almost RM1b traded. That must be a record or something...
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post Sep 9 2020, 05:25 PM

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Anyone familiar with Bursa rules? Are employees allowed to sell at this period?

Based on my understanding, it should be closed period now, at least until the QR is released.
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post Sep 9 2020, 05:27 PM

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QUOTE(ZeroSOFInfinity @ Sep 9 2020, 05:26 PM)
It could be. But if your have knowledge that upcoming results will be very good, and there is a possibility the price will rise in next few days prior to releasing the results, will you sell first?
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ESOS financing have cost. If you expect prices to be better, normally you won't exercise first until you are ready to sell.
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post Sep 9 2020, 05:36 PM

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QUOTE(dickybird @ Sep 9 2020, 05:28 PM)
TG Q report will sure be stellar. If I was holding such cheap ESOS, I would hold first.
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Normally you won't convert if you don't want to sell.

This post has been edited by ComingBackSoon: Sep 9 2020, 05:36 PM
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post Sep 9 2020, 05:45 PM

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QUOTE(debonairs91 @ Sep 9 2020, 05:43 PM)
Fuarkkkk so close to match dammit
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Might be a blessing to not catch it.
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post Sep 9 2020, 05:51 PM

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QUOTE(B@rt @ Sep 9 2020, 05:46 PM)
Only Directors, Senior Management and key staff who are in the know of the financial results are not allowed to deal in closed period.

Other lower level employees should be no problem.
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Thanks.

That means tomorrow most of the 5 mil shares will be sold.
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post Sep 9 2020, 07:16 PM

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QUOTE(Vanguard 2015 @ Sep 9 2020, 06:57 PM)
Good to see that you still have a sense of humour in these trying times.

At closing today, my unrealised loss has nearly hit six figure.    rclxm9.gif

I took a photo for posterity.  icon_idea.gif
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What else can we do. Worrying or panicking doesn't help.

No risk no gain. We took the risk, so have to face the potential consequences.

Even if this investment goes bad, it will only be 1 of the many other bad investments that I surely will make for many more years to come.


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post Sep 9 2020, 11:55 PM

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QUOTE(debonairs91 @ Sep 9 2020, 11:51 PM)
Why not cut loss?
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There are only 2 reasons to cut loss:

1) You need to use the cash
2) You have identified a better investment opportunity

If the above does not apply, there is no hurry to cut loss.

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post Sep 10 2020, 10:00 AM

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Makes me wonder if TG’s qr is going to be lower than 800m and the insiders are selling now...
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post Sep 10 2020, 10:35 AM

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QUOTE(ZeroSOFInfinity @ Sep 10 2020, 10:33 AM)
Yeah better. Supermax is hitting 20% loss now. And still more to go. Limit down inkambing.
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Kek. Belum sempat masuk klci not eligible for 15% limit
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post Sep 10 2020, 10:59 AM

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TG almost hit my RM18 (or RM6 post bonus issue) top-up level but never did... Will it hit?
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post Sep 10 2020, 11:04 AM

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QUOTE(jianwei90 @ Sep 10 2020, 11:02 AM)
today limit down price 6.08?
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Oh no wonder... Thanks for reminding.
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post Sep 10 2020, 11:19 AM

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Queue at 6.26 Top Glove since won't be making RM6 today... See can get or not.
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post Sep 10 2020, 11:31 AM

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QUOTE(Sean77 @ Sep 10 2020, 11:27 AM)
Same dilemma here, buy afternoon or tomorrow?
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Million dollar question.

FYI Macquarie downgrade from buy directly to sell with TP of RM5.40. If buy in now, taking immense risk.






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post Sep 10 2020, 11:38 AM

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QUOTE(Sean77 @ Sep 10 2020, 11:32 AM)
Thats another 10% from todays limit down
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Buy only if can take the heat. RM5.40 is June level, kind of before the pasar uncle aunty came in. Before even TG announce 340m results.

Do you think it will drop to that level? Place your bets...
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post Sep 10 2020, 11:40 AM

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QUOTE(ZeroSOFInfinity @ Sep 10 2020, 11:36 AM)
That's for Super or TG? Damn that is one downgrade.....
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Top Glove.

Bear case RM2.80
Base case RM5.40
Bull case Rm20.40

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