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 STOCK MARKET DISCUSSION V150

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pinksapphire
post May 12 2021, 02:39 AM

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QUOTE(Taikor.Taikun @ May 11 2021, 11:11 PM)
Received message that Kossan’s MD died of covid?
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Got the details from WhatsApp on this too. A group of them got Covid from some outing they've gone for. Initially thought fake news, but apparently FB has the confirmation and funeral too.
Anyone can verify this?

Haihz, stay safe people. Nothing is more important than health.
pinksapphire
post May 13 2021, 05:46 PM

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QUOTE(statikinetic @ May 13 2021, 05:05 PM)
Luckily we are having Raya holidays.
My US portfolio got smashed.
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I remembered we mentioned we got saved by our public holidays the few times US market went bonkers.

My portfolio in StashAway got hit badly sleep.gif
pinksapphire
post May 14 2021, 12:42 PM

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QUOTE(joeblow @ May 13 2021, 06:24 PM)
I think our stock market doesn't move as much with US compared to others due to the fact our market is largely domestic players and not over valued. I am for one waiting for bank stocks to drop but surprisingly it is quite stable and even went up yesterday despite mco 3.0. I think strictor mco or political turmoil affect our market more than US market movement.
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Yeah, banks stocks didn't get rock alot, I thought would go down and can get a bit for long term.
pinksapphire
post May 17 2021, 04:10 PM

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QUOTE(Bendan520 @ May 17 2021, 02:06 PM)
How do you guys trade man?

Every sector once I buy in sure down like 25% in few days time, good companies continue to sell off, lousy companies all goreng high..

Now i bag holding like 50k++
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I can understand and relate how you feel.

On the side, look at how huge steel has plummeted today, oof
pinksapphire
post May 17 2021, 05:06 PM

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QUOTE(billy_overheat @ May 17 2021, 04:40 PM)
depends on your own style of trading or investing, if the companies are having growth prospects, add more if they come down regardless of the daily price fluctuations. however, if you're worried about the price movement on the screen, it either means you're not confident enough of your stock picks or the big institutions know something you dont.
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Macam D&O, kept going down...if got confidence in them, it's a good time to add somemore, or do nothing and wait for it to go back-up.
pinksapphire
post May 17 2021, 08:28 PM

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QUOTE(matrix88 @ May 17 2021, 06:49 PM)
Are you the type when go getting you buy banker sure open player and when you buy player sure open banker?
This is called suey god.
Haha, then next time please tell others to buy opposite of you. Sure win.

Just joking ha, please don’t get angry.
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Lol, I believe many of us feels the same too. Gotta take it lightly, don't too stressed up, or else consider to retire completely from Bursa this year...or next too.

I can see how the effect of frustration from our stock market is affecting us. Use logic also not right, no use logic also wrong. Most kena like pancake until no mood to post here sometimes.
pinksapphire
post May 20 2021, 12:48 AM

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QUOTE(skty @ May 19 2021, 09:20 PM)
I see crypto bloodbath today. My heart feel bad for those youngsters who are crazy about it. They get manipulated by the rich aka the smart money again.

I warned earlier. I hope none of you guys get hit by crypto.

If yes, take it a lesson and hope you learn something. Money can always earn back.

If you don't know how and when to exit, at least you must be discipline enough to execute your trailing stop loss.
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I may have missed your explanation earlier, but what made you exit them in Apr? Surely your CA/algo/AI couldn't predict what Elon Musk did, and China's action to ban them as well. Kindly enlighten the little sheep here, thanks smile.gif

Btw, no, I didn't invest into crypto. Alot of hype, FOMO around it, good thing held steady and didn't cave into the temptation. "To the moon" people...wonder how they are now.
pinksapphire
post May 20 2021, 02:56 AM

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QUOTE(skty @ May 20 2021, 12:55 AM)
CA never predict thing. It show turning point. It trigger me to look at the chart and figure out myself what is the possible scenario.

And I exit based on TA. You look at the chart and you can find many similarities with glove during October 2020.
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Right, hmm...even for such volatile, new, cryptocurrency, there's a TA pattern to it? Then does it show any positive turns for it in near future? I just feel intrigued and anxious for those in it. More sleepless nights than having gloves, me thinks.
pinksapphire
post May 21 2021, 12:55 AM

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QUOTE(skty @ May 20 2021, 04:18 PM)
user posted image

TA is about human greed and fear.

It can be applied on any chart as long as the participants are human.

Human nature will never change. That's why 90% of the population are struggling.

You look at the chart. Simple way of saying, frequency of deep pull back is getting more and the volume is shrinking.

Smart money is running away while the ignorance retailers are taking over their ticket.
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Thanks for sharing this. Greed and fear, inherent part of being humans.
pinksapphire
post Jun 20 2021, 01:03 AM

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Hi, guys...may I confirm with those using Rakuten, how do they charge buy and sell transactions? Assuming it's RM7 to buy (based on <RM1k)...do they also charge RM7 to sell (if value is <RM1k)? And any difference if both buy and sell are transacted the same day, ie., counted as 1 transaction tongue.gif

Thanks in advance.

pinksapphire
post Jun 20 2021, 09:54 PM

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QUOTE(greyPJ @ Jun 20 2021, 07:38 AM)
https://www.rakutentrade.my/fees

according to the website same day buy sell got rebate rm7 as in the example.
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I did read the FAQ many times before asking here, the part I don't get it is the same day buy sell apparently is only for Contra users, which, we normal cash account is not, yes?

That's why end up asking here better, lol
pinksapphire
post Jun 21 2021, 02:48 PM

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QUOTE(greyPJ @ Jun 20 2021, 10:22 PM)
i think if you buy sell on the same day you are a contra user too.

on my mplus cash acc if i buy sell on the same day it ll show contra gain/loss.

user posted image
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QUOTE(coldbasecamp @ Jun 20 2021, 10:28 PM)
assuming that u are trading a stock, say A.

buy A -> 1 fee
buy A again -> "grouped" with first transaction
sell A -> 1 fee

assuming that the fee is RM 8 per transaction, you will need to pay RM 16.
Trading of orders will only grouped by same stock & same transaction type.
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Thank you very much! Appreciate your responses. If in doubt, should just assume it's twice the fee.
pinksapphire
post Jul 1 2021, 09:36 AM

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Sorry guys, did I miss out on something with KGB? I can't find news that talked about split of shares, but did their price got slashed to half?
pinksapphire
post Jul 1 2021, 09:46 AM

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QUOTE(ben3003 @ Jul 1 2021, 09:42 AM)
KGB announce 1 to 1 bonus share, which exdate is today? so that is half price slashed.
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Ah, okie...my heart broke into two when I saw it. Thanks!
pinksapphire
post Jul 21 2021, 01:20 PM

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QUOTE(frank0725 @ Jul 21 2021, 12:51 PM)
bro, if u guys holding supermx 11lot with price 7.7 and harta 5 lot price 14.1 , will u guys cut lost?
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Well, I've been cutting my stake at much lower price because I just can't take the negativity from gloves anymore (I can afford to hold, but I won't). I still have substantial amount of it, and no one can tell you the answer. But for me, I'll cut until one day there's no Supermax left. As for Harta, probably as well (I don't care how great if a future they have).

Deal with the 5 digits losses as part of lessons in life and move on.
pinksapphire
post Sep 9 2021, 04:00 PM

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QUOTE(statikinetic @ Sep 9 2021, 03:45 PM)
Harta boss made negative comments about the prospects of the glove industry. All glove counters hit.

Shareholders are angry at the comments.
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No wonder, been trying to find out the reason.

But why most of other stocks from different industries also drop? It's like red everywhere today.

This post has been edited by pinksapphire: Sep 9 2021, 04:01 PM
pinksapphire
post Feb 28 2022, 03:30 PM

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Anyone subscribing to Farm Fresh IPO? smile.gif
pinksapphire
post Mar 1 2022, 10:46 AM

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QUOTE(Boon3 @ Mar 1 2022, 09:06 AM)
They should go shopping... see the fresh milk sold and the pricing.

Me? never bought Farm Fresh b4. Always Marigold HL. Cheaper too!
so many cornerstone investors too... laugh.gif
who is the taikor?
or is everyone waiting to see who fart first too...  tongue.gif
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Farm Fresh is my go-to milk after I switched from the pink colour Australian brand. Somehow the milk taste suits me, good thing cheaper too than the previous brand. I'm not fond of HL, the taste just seems off with me, lol...each to their own, I'm sure.
pinksapphire
post Mar 1 2022, 11:24 AM

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QUOTE(Boon3 @ Mar 1 2022, 10:59 AM)
Well.. there you go. Someone who likes their milk. smile.gif
Valuations is way off and the issue of having 30 Cornerstone investors, that's a worry.

But then again.. someone reminded that ipos are just pure gambling.
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Was just thinking whether is having 30 of such investors normal, lol...seems quite alot than what I usually see in other IPOs.
Anyway, not buying or attempting to.

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