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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Sep 2 2020, 01:29 PM

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QUOTE(ry8128 @ Sep 2 2020, 01:27 PM)
I didn't know we can only comment if what we comment is same with what other ppl think here.
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OK. Then my answer is "sell".
ZeroSOFInfinity
post Sep 2 2020, 02:18 PM

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QUOTE(bronkos @ Sep 2 2020, 02:13 PM)
I was informed Carlsberg and Heineken production only for local market, correct?
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Yes. This is why you noted some Carlsberg and Heineken are"imported" from overseas. Think this also applies to Guinness - I drank before "local" and "imported" version. They both have different tastes.
ZeroSOFInfinity
post Sep 2 2020, 02:33 PM

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Seems like blue stocks day.....
ZeroSOFInfinity
post Sep 2 2020, 02:51 PM

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QUOTE(bronkos @ Sep 2 2020, 02:47 PM)
any solid reason why TG kinda underperform a day before bonus issue?
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My guess is its cheaper after the splits?
ZeroSOFInfinity
post Sep 2 2020, 03:08 PM

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Looks like TG and Supermax is being "lowered" so that its cheaper to buy during splits...
ZeroSOFInfinity
post Sep 2 2020, 03:41 PM

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Heads up - there might be a rally for TG at 4pm onwards later. Could end at 27 by end of day.
ZeroSOFInfinity
post Sep 2 2020, 03:54 PM

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QUOTE(HereToLearn @ Sep 2 2020, 03:43 PM)
KLCI is looking very healthy and green today
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Yeah. The blues.
ZeroSOFInfinity
post Sep 2 2020, 03:58 PM

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QUOTE(AVFAN @ Sep 2 2020, 03:02 PM)
u r confused becos u assume price change and bonus shares available are on the same day.

NO.

2 sep.. end of today, u hold 100 shares.

3 sep.. tmr, ex-date, u still hold only 100 shares but price will be divided by 3.. u can sell it if u wish.

4 sep.. entitlement day - u get 200 more shares but not available to sell yet.

7 sep.. listing date - the 200 more shares - do what u want with it.

https://www.bursamalaysia.com/market_inform...?ann_id=3078486
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So.. Supermax should be..... 4 (ex-date), 7 (entitlement), 8th (listing)?
ZeroSOFInfinity
post Sep 2 2020, 04:13 PM

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QUOTE(Vanguard 2015 @ Sep 2 2020, 04:05 PM)
Entered Genting and Kerjaya Prospek just now.
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Genting? Something's up? bruce.gif
ZeroSOFInfinity
post Sep 2 2020, 04:31 PM

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QUOTE(Speedstar1 @ Sep 2 2020, 04:29 PM)
Crazy ppl buying into banks. Go ask your local bank branch if anyone is asking for moratorium extension.
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I don't think the majority who are buying banks currently are the usual guys like us. More like EPF / KWAP......
ZeroSOFInfinity
post Sep 2 2020, 04:34 PM

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QUOTE(Vanguard 2015 @ Sep 2 2020, 04:22 PM)
Nothing special. Tikam only.  tongue.gif

Genting has fallen about 14.45% over the past 2 weeks. Selling at a discount now. There is also a dividend payment on 10th September 2020.

Kerjaya Prospek...this one was recommended by Kenanga. The potential upside is about 28%. It won a RM204 million contract from Gamuda. Current outstanding order book of RM3.6 billion. Valuation and fundamental is OK.

Let's see how it goes.
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Wait.... it's this month? sweat.gif
ZeroSOFInfinity
post Sep 2 2020, 04:36 PM

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Did KYY just disposed his shares in Comfort? That was a big drop from 4.5 to 4.41 in 15 mins.....
ZeroSOFInfinity
post Sep 2 2020, 04:52 PM

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QUOTE(Vanguard 2015 @ Sep 2 2020, 04:49 PM)
Yeah wor. Ex-date for Genting is on 10th September.

Why are you sweating? You sold Genting today is it?  tongue.gif
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I just forgot now its Sept.... not Aug.... tongue.gif
ZeroSOFInfinity
post Sep 2 2020, 04:55 PM

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QUOTE(kembayang @ Sep 2 2020, 04:46 PM)
So can we conclude that glove fiesta has officially ended?
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QUOTE(bronkos @ Sep 2 2020, 04:51 PM)
tomorrow, TG first day of bonus issue, will determine the direction of glove counters.
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TG ended today at 26.08. Divide by 3 and..... tomorrow its 8.69 (or 8.70?).

If it rises tomorrow, then glove counters still in play. But if 2 days in row lao sai..... console.gif
ZeroSOFInfinity
post Sep 2 2020, 06:37 PM

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So wait.... if tomorrow price is 9+, but we only get the bonus shares on next Monday, will the portfolio then show negative figure for TG?
ZeroSOFInfinity
post Sep 2 2020, 06:42 PM

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This is from Bursa website..... see if you can understand.....

QUOTE
TOPGLOV - Notice of Bonus Entitlement
TOP GLOVE CORPORATION BHD

Bonus issue of up to 5,476,974,322 new ordinary shares in Top Glove Corporation Bhd ("Top Glove") ("Bonus Shares") on the basis of two (2) Bonus Shares for one (1) existing ordinary share held in Top Glove as at 5.00 p.m. on 4 September 2020 ("Entitlement Date").


Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 3 Sep 2020
2) The last date of lodgment : 4 Sep 2020
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <2/3>, of Selling Price against the Selling Client
b) Buying Broker to deduct <66.66%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <2/3>, of the Transacted Price is applicable.



Remarks 1:

"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 4 September 2020 with bonus issue of TOPGLOV shares, any shareholder who is entitled to receive TOPGLOV bonus issue shares, may sell any or all of his TOPGLOV shares arising from the bonus issue beginning the Ex-Date (3 September 2020).



For example, if Mr X purchases 100 TOPGLOV shares on cum basis on 2 September 2020, Mr X should receive 100 shares on 4 September 2020. As a result of the bonus issue, a total of 300 TOPGLOV shares will be credited into Mr X's CDS account on the night of 4 September 2020 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 3 September 2020 onwards."




Remarks 2:

The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 7 September 2020, being the next market day after the Entitlement Date. The Share Registrar of Top Glove will issue and despatch the notices of allotment of the Bonus Shares to all entitled shareholders of Top Glove not later than 4 market days after the date of the listing and quotation for the Bonus Shares on the Main Market of Bursa Securities.

ZeroSOFInfinity
post Sep 2 2020, 07:01 PM

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QUOTE(ComingBackSoon @ Sep 2 2020, 06:59 PM)
Yes will show negative. Temporarily. Don't get shocked
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Technically I wont, but just want confirmation. Still.... if you sell your current share in next 2 days..... Monday just poof..... extra shares. Lol.
ZeroSOFInfinity
post Sep 2 2020, 07:46 PM

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QUOTE(skty @ Sep 2 2020, 07:36 PM)
don't assume you will get it automatically.

some platform need you to manually add in, some you can contact remisier to do it for you.

first time getting bonus issue?  biggrin.gif
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Yeah. Rakuten.
ZeroSOFInfinity
post Sep 2 2020, 08:55 PM

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QUOTE(annoymous1234 @ Sep 2 2020, 08:52 PM)
for rakuten we no need to do anything I suppose?
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We will find out soon enough.
ZeroSOFInfinity
post Sep 3 2020, 01:24 AM

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Wow. DJI is performing very well today. Another green day upcoming for KLSE?

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