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 STOCK MARKET DISCUSSION V150

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qsrt1616
post Oct 6 2020, 11:36 AM

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QUOTE(Bendan520 @ Oct 6 2020, 11:34 AM)
Ya the question is did you took profit or still holding?
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Took profit 30% yesterday
HereToLearn
post Oct 6 2020, 11:38 AM

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QUOTE(B@rt @ Oct 6 2020, 11:21 AM)
I think bond market is more suited for long term investors (e.g. affluent ppl who have WM portfolio).  Retail investors go in to shares between 1 to 4 weeks because they may need to sell quick to cover expenses etc.
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A lot of people in this forum here are affluent lol
ZeroSOFInfinity
post Oct 6 2020, 11:39 AM

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Back and forth, back and forth. Can close the trading platform for morning session, unless something happens at 12 onwards....
Bendan[520]
post Oct 6 2020, 11:40 AM

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Let’s wait 3-4pm magic show for gloves
CSW1990
post Oct 6 2020, 11:40 AM

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QUOTE(lauwenhan @ Oct 6 2020, 11:35 AM)
If it actually goes back down to September level, gloves are finished. Right now the support is still pretty decent. not too optimistic and not too bearish
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I would just wait. Few months before people also said gloves will never go down and will reach 30 (TG before /3) soon.
Of course no absolutely correct or wrong, this is just my opinion
Bendan[520]
post Oct 6 2020, 11:41 AM

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I’m very salty for letting go opensys this morning.
Deathscythe@@
post Oct 6 2020, 11:43 AM

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Within two weeks the Covid 19 condition in Malaysia is critical to the Bursa. So really a hard decision to top up now. I chose to set a T.P (a lower one) and just leave it for end of Oct. Of course will have a look everyday. It is a cheat to myself so that i dont have any "remaining" cash in the RT account. icon_rolleyes.gif
ry8128
post Oct 6 2020, 11:44 AM

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QUOTE(skty @ Oct 6 2020, 09:59 AM)
anyone calling for super bear already?

itching wanna buy now.  just j/k. laugh.gif

you know where is the support is ya. so buy at that range.  thumbup.gif
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HC dropping this week is as what I predicted brows.gif. Just that didn’t expect they will test resistance yesterday to trap more buyers.

Let’s see this week will continue to drop more or not laugh.gif Hope it does btw, cos my topping up process not yet complete

QUOTE(ry8128 @ Oct 2 2020, 06:29 PM)
I see it a bit differently. Hc could drop next week, and won’t be surprised if it happen as soon as Monday. Today increase is purely based on goreng.

We must understand that the fact DT get infected or our country get >280 cases, it does not change the fundamentals of gloves. So impossible new TP will be available.
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SUSlowya
post Oct 6 2020, 11:59 AM

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QUOTE(Vanguard 2015 @ Oct 6 2020, 11:00 AM)
Good morning folks. I looked everywhere this morning but I could not buy any good stocks to buy. Finally, I decided to enter GenM.

The trading buy recommendation for today by Kenanga is Omesti and GPacket. Both are now trending upwards. They are now up between 2% to 5%. But these are pure goreng stocks. I don't dare to enter.
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GenM, really?

Revenue P/L
114,910,000 -900,421,000

jonathanchee315
post Oct 6 2020, 12:04 PM

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Anyone interested MR DIY IPO? Offering at RM 1.6 though.

https://www.bursamalaysia.com/market_inform...?ann_id=3093885
Vanguard 2015
post Oct 6 2020, 12:05 PM

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QUOTE(lowya @ Oct 6 2020, 11:59 AM)
GenM, really?

Revenue P/L
114,910,000 -900,421,000
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Boleh-lah. Hold and observe first. biggrin.gif
cofin
post Oct 6 2020, 12:05 PM

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QUOTE(lowya @ Oct 6 2020, 11:59 AM)
GenM, really?

Revenue P/L
114,910,000 -900,421,000
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6 months close shop leh ......

you expect to have Profit ?
cofin
post Oct 6 2020, 12:07 PM

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QUOTE(jonathanchee315 @ Oct 6 2020, 12:04 PM)
Anyone interested MR DIY IPO? Offering at RM 1.6 though.

https://www.bursamalaysia.com/market_inform...?ann_id=3093885
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i tot will 1.3 or below the ipo

i think better just grab after listing for this .....MCO so long sure their report not beautiful
Vanguard 2015
post Oct 6 2020, 12:08 PM

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If Genting close shop in 6 months, I will cut my.................fingernail. whistling.gif
jonathanchee315
post Oct 6 2020, 12:14 PM

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QUOTE(Vanguard 2015 @ Oct 6 2020, 12:08 PM)
If Genting close shop in 6 months, I will cut my.................fingernail.  whistling.gif
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True bro, bought at rm 3, going to top up as well. Just treat it like an FD. I still believe the monopoly industry for them in Malaysia is going to rebound back with theme park opening but going to take 1-2 years at least.
Vanguard 2015
post Oct 6 2020, 12:19 PM

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QUOTE(jonathanchee315 @ Oct 6 2020, 12:14 PM)
True bro, bought at rm 3, going to top up as well. Just treat it like an FD. I still believe the monopoly industry for them in Malaysia is going to rebound back with theme park opening but going to take 1-2 years at least.
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GenM wil rebound faster than Genting. Watch GenM these 2 weeks. The volume is there. As long as it does not fall below the support of RM2.04, it is good.

My 2 cents worth only...

This post has been edited by Vanguard 2015: Oct 6 2020, 12:19 PM
ChAOoz
post Oct 6 2020, 12:28 PM

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QUOTE(Vanguard 2015 @ Oct 6 2020, 12:19 PM)
GenM wil rebound faster than Genting. Watch GenM these 2 weeks. The volume is there. As long as it does not fall below the support of RM2.04, it is good.

My 2 cents worth only...
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VIP room is packed. I guess many local high roller are trapped to travel only in Malaysia. With Bursa not being such a fast paced casino anymore, maybe genting is finally getting some love.

But if they got covid cases or there is MCO 2.0, it could go down another 10 - 20%. Always risk in an investment.
Krv23490
post Oct 6 2020, 12:29 PM

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QUOTE(jonathanchee315 @ Oct 6 2020, 12:14 PM)
True bro, bought at rm 3, going to top up as well. Just treat it like an FD. I still believe the monopoly industry for them in Malaysia is going to rebound back with theme park opening but going to take 1-2 years at least.
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sorry, but FD doesn't depreciate your capital by 30%. You need a 50% capital gain now to breakeven.

Hang tight brother ! as per /wsb , diamond hands !

icemanfx
post Oct 6 2020, 12:31 PM

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QUOTE(cofin @ Oct 6 2020, 12:05 PM)
6 months close shop leh ......

you expect to have Profit ?
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Unlikely to happen. There won't be shortage of white knight to take over.
cofin
post Oct 6 2020, 12:37 PM

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QUOTE(icemanfx @ Oct 6 2020, 12:31 PM)
Unlikely to happen. There won't be shortage of white knight to take over.
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haha i mean MCO they close for 6 months ......so making loss

Unlikely la they will close within 6 months ......their monopoly license i think also worth more than their NTA

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