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 STOCK MARKET DISCUSSION V150

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mohdkakarot
post Oct 7 2020, 10:10 AM

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Parkson got what?
AVFAN
post Oct 7 2020, 10:11 AM

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QUOTE(enixcv123 @ Oct 7 2020, 09:49 AM)
aiya prediction wrong already lol
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understandable... it is a common strategy to sell when high enough and wait for it to drop to low enough level to buy back.

that is becos u still trust the fundamentals are good.

but if u REALLY trust the fundamentals are good, why sell at all?! biggrin.gif

no obvious way, mr market never tell anything.

QUOTE(ZeroSOFInfinity @ Oct 7 2020, 09:58 AM)
The only slight regret I have is that I should have "split" my purchases to TG and Supermax (after selling TG yesterday morning). Now Supes is leading the pack. But then, it would cost me around a few hundred more, and TG is in green, so not much to complain about.
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can't have it all.

i failed to get spmx this morning at 9.19 but happy enough with 9.30... this is for trading, not my holdings.

i see more upside in the afternoon.


FF not reliable... retailers creeping back in?! laugh.gif

Date Foreign Local Inst. Local Retail
06 Oct 2020 (67,000,000) 58,000,000 9,000,000
ronnie
post Oct 7 2020, 10:15 AM

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QUOTE(mohdkakarot @ Oct 7 2020, 10:10 AM)
Parkson got what?
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Got departmental stores
babygrand123
post Oct 7 2020, 10:15 AM

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Wah Parkson can shooting up around 50% that is crazy man!!! Congrats to those managed to catch it and he must be from insider group!
vostro78
post Oct 7 2020, 10:16 AM

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suddenly i am looking at the bintai, wondering will it hit 0.71
vostro78
post Oct 7 2020, 10:18 AM

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QUOTE(babygrand123 @ Oct 7 2020, 10:15 AM)
Wah Parkson can shooting up around 50% that is crazy man!!! Congrats to those managed to catch it and he must be from insider group!
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wah, geng... by the way, normally share price change at how many % will call stop trading?
Lurker
post Oct 7 2020, 10:20 AM

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QUOTE(vostro78 @ Oct 7 2020, 10:18 AM)
wah, geng... by the way, normally share price change at how many % will call stop trading?
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under RM1 is 0.30sen
ben3003
post Oct 7 2020, 10:26 AM

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QUOTE(vostro78 @ Oct 7 2020, 10:16 AM)
suddenly i am looking at the bintai, wondering will it hit 0.71
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bintai normally 0.7 ppl take profit, 0.6 like tat go in.
ben3003
post Oct 7 2020, 10:33 AM

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i wanna ask, like samchem if today ex date, if i sell tomorrow, then the payout is 22 oct, then 22 oct dividend is give cash right?
kembayang
post Oct 7 2020, 10:34 AM

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SAMCHEM has a decent run so far. Good for those who bought last week.
tehoice
post Oct 7 2020, 10:35 AM

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QUOTE(ben3003 @ Oct 7 2020, 10:33 AM)
i wanna ask, like samchem if today ex date, if i sell tomorrow, then the payout is 22 oct, then 22 oct dividend is give cash right?
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if your name is in the ROD on the entitlement date, then you will get your cash dividend on the payment date
Bendan[520]
post Oct 7 2020, 10:38 AM

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Looks like gloves is back after a swift consolidation. Will this rally last? Only can tell at 11am and 4pm trading..
ben3003
post Oct 7 2020, 10:47 AM

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QUOTE(tehoice @ Oct 7 2020, 10:35 AM)
if your name is in the ROD on the entitlement date, then you will get your cash dividend on the payment date
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ok thanks for the info, where to see the ROD?
AVFAN
post Oct 7 2020, 11:01 AM

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public bank just reaffirmed TG TP at 9.70:

QUOTE
Top Glove (Outperform, TP: RM 9.70): To pay RM136m to migrant workers as remediation for recruitment fees. Top Glove has announced it will pay RM136m over the next 10 months to compensate its migrant workers, as part of its efforts to resolve the US Customs and Border Protection's (CBP) import ban over forced labour claims. (The Edge)

Comment: Recall that on July 15th, Top Glove was summoned with a detention order by the US CBP, in relation to the retrospective recruitment fees borne by its foreign workers. To resolve the matter, Top Glove has committed to reimburse its migrant workers with the recruitment fees, which amounts to a revised sum of RM136m. While the revised sum is significantly higher than its earlier estimate of RM20-50m, we still view this move positively as we believe this provides a closure to the forced labour issue, despite no indication given by US CBP as to when the ban will be uplifted. The reimbursed amount is also unlikely to cause a meaningful dent to the Group’s financials, considering the bumper profits that it is expected to deliver given the aggressive ASP hike. We highlight that the full amount of RM136m only accounts for a mere c.1% of its FY21F’s earnings. Maintain Outperform on Top Glove.

https://klse.i3investor.com/servlets/ptres/57146.jsp

tehoice
post Oct 7 2020, 11:01 AM

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QUOTE(ben3003 @ Oct 7 2020, 10:47 AM)
ok thanks for the info, where to see the ROD?
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you won't be privy to see the ROD. it is normally called by the company from the share registrar who then get it from Bursa depository at a cost of 13sen per shareholder (if the price didnt change).

you don't have to worry, so long you still hold the shares as at 5pm on the business day prior to the ex-date, then you should be entitled to it.
ben3003
post Oct 7 2020, 11:02 AM

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QUOTE(AVFAN @ Oct 7 2020, 11:01 AM)
public bank just reaffirmed TG TP at 9.70:
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9.7 is so conservative lol.. where is the pre BI TP all gone already : sweat.gif
vostro78
post Oct 7 2020, 11:07 AM

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QUOTE(ben3003 @ Oct 7 2020, 10:33 AM)
i wanna ask, like samchem if today ex date, if i sell tomorrow, then the payout is 22 oct, then 22 oct dividend is give cash right?
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exdate is 6/10. means u hv u keep the stock on 5/10. correct me if i am wrong
AVFAN
post Oct 7 2020, 11:11 AM

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QUOTE(ben3003 @ Oct 7 2020, 11:02 AM)
9.7 is so conservative lol.. where is the pre BI TP all gone already  : sweat.gif
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i agree public bank 9.70 is conservative; the others are more bullish.

then again, until the US ban is lifted and next QR affirms expected PAT and guidance, it hard to expect local players to push much more.

remember bursa players are mostly cepat kaya?! laugh.gif
ZeroSOFInfinity
post Oct 7 2020, 11:12 AM

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QUOTE(AVFAN @ Oct 7 2020, 11:01 AM)
public bank just reaffirmed TG TP at 9.70:
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Knowing PBB is considered the most "conservative" one among the other banks, it's already a good TP.....
ry8128
post Oct 7 2020, 11:28 AM

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QUOTE(ben3003 @ Oct 7 2020, 09:55 AM)
damn no chance buy slow
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U didn’t bought yesterday? Around 4pm I already say gloves are on sales d le, haha, can buy in bit by bit. I bought some also yesterday.

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