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 STOCK MARKET DISCUSSION V150

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AVFAN
post May 25 2021, 05:20 PM

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QUOTE(BliitzkrieG @ May 25 2021, 05:07 PM)
What's brewing in Supermax? Pre-closing jump 10 bids close at -0.89% from -3+%

Harta closing RSS 1,006,300. Never seen this amount for some time already.
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yea, saw all that.

think it's just shortie shorting+buyback and/or EPF trading + possible harta SBB.

retailers surely got rattled and sold, i wud think.

i bought some harta 9.12,... burger lunch tmr, i hope. laugh.gif
AVFAN
post May 25 2021, 06:32 PM

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QUOTE(statikinetic @ May 25 2021, 06:09 PM)
I think retailers have been rolling around in the washing machine for so long that most have already been ejected from the game.

It is an institution game rfor the near future.
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i think still quite some retailers.

u, me...?!! biggrin.gif

but yeah... game is now big boys vs big boys.


as suspected today, harta... SBB 270K vs shortie sold 1mil.
https://www.bursamalaysia.com/market_inform...?ann_id=3160295

EPF probably bought too... bought last week.
https://www.bursamalaysia.com/market_inform...?ann_id=3160059

AVFAN
post Jun 2 2021, 09:21 AM

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QUOTE(Deathscythe@@ @ Jun 2 2021, 09:16 AM)
Wah, Serba up. Am wondering it is a good sign or another bear sign soon?
RSS just started their engine yesterday. Hmmm

https://www.bursamalaysia.com/misc/missftp/..._2021-06-01.pdf
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little or no impact.

yesterday, 0.5mil shares out out 1 bil (?) traded.

total shorted 5.8 mil or 0.16%.

https://www.bursamalaysia.com/misc/missftp/...ion20210601.pdf


AVFAN
post Jun 2 2021, 09:32 AM

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QUOTE(Deathscythe@@ @ Jun 2 2021, 09:26 AM)
Ya, I remembered when the previous PP. the RSS up to 1%. The share price was from RM2.09 dropped to the lowest RM1.53 sad.gif

Was hold for months before disposed with profit at RM1.82.

The current situation is still very uncertain and anytime LD or LU. I chose to be observer first for now  while waiting for the QR from TG. Lol😅
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better not touch serbadk... crude is steadily rising - better buy dialoq! biggrin.gif


TG... HK listing postponed due to no CBP lifting in sight... think QR will be fine, good div might give it a boost.
AVFAN
post Jun 2 2021, 08:24 PM

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QUOTE(Deathscythe@@ @ Jun 2 2021, 09:26 AM)
The current situation is still very uncertain and anytime LD or LU. I chose to be observer first for now  while waiting for the QR from TG. Lol😅
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for TG shareholders:

QUOTE
The Board of Directors wishes to inform that the Company will be releasing its third quarter financial results for the period ended 31 May 2021 on Wednesday, 9 June 2021.
https://www.bursamalaysia.com/market_inform...?ann_id=3163687

The Company would like to clarify on the reported articles with regard the delay in the Company’s Hong Kong IPO appeared on 1 June 2021.

Top Glove wishes to inform that the Company remains committed to the proposed IPO in Hong Kong and where appropriate, material developments regarding this matter will be announced on the relevant stock exchanges.
https://www.bursamalaysia.com/market_inform...?ann_id=3163686

AVFAN
post Jun 2 2021, 08:30 PM

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QUOTE(Deathscythe@@ @ Jun 2 2021, 08:27 PM)
Feel want to add more. After this SD case, I feel TG very “safe” now. Lol.
🤣

My frens still holding SD, seems like big bomb coming?
Hmm….

https://www.theedgemarkets.com/article/kwap...if50TQ.facebook
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SD... cannot la...

in boland, when a scandal like that erupts, it is usually a BIG one... becos bigshots r corrupt to the core.

and they know they need not go to jail... only small fishes lose their underwear, top and bottom.

and things get forgotten, forgiven.
AVFAN
post Jun 9 2021, 03:51 PM

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QUOTE(james.6831 @ Jun 9 2021, 12:58 PM)
gloves finally rebounding...the slump is really sad haha
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let's watch closing.

this TG QR probably calmed some investors a bit since it incl the CBP ban effect.

Revenues and ASP confirmed peak in feb but did not fall off the cliff in Mar-May as feared.

Net margin reduced from 53% to 49%, still highly profitable.

this qtr, earned 25 sen per share... if they can do 18-20 sen per qtr or 80 sen p.a. or so for another couple of years, that's good enough.

dividend yield will be v fine.

This post has been edited by AVFAN: Jun 9 2021, 03:54 PM
AVFAN
post Jun 14 2021, 09:48 AM

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QUOTE(Aparaa @ Jun 14 2021, 09:33 AM)
Got untung la Epf if they sell what they bought few days ago. Lel. Maybe enough to reduce loses at Serbadk.
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serbadk looks like dead duck... while crude price keeps rising.

QUOTE(greyPJ @ Jun 14 2021, 09:37 AM)
so far up 20 cent, not bad not bad.

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this event is interesting, likely a rebound due to heavily oversold position.

the big 4 in last 4 qtrs made 81-120 sen per share.

spmx is worst - made rm1.20 in 12 months but share price was 3.71.

let's see afternoon... we never know if shortie will fire the last bullets in another attempt to bring it down.

or some big party plans to tease..?
AVFAN
post Jun 18 2021, 10:37 AM

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QUOTE(squarepilot @ Jun 18 2021, 09:27 AM)
It's like a drug to them already

no drug, cannot live

It's the matter of time that other taikor like china, india, russia and euro will get fed up of US action

staple food stocks, anyone? look across bursa, many of it is still very much overvalued
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i think so too.

while fed has turned on the heat, i doubt they will get aggressive.... more likely to go very slow in hiking rates.

commodities now softening after a good run but could be a chance to get in now.

i dun see how food, oil, metal prices will decline further if global recovery is happening fueling inflation.
AVFAN
post Jun 18 2021, 11:05 AM

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QUOTE(Taikor.Taikun @ May 4 2021, 11:30 AM)
My CSC is up more than 50% now. It should go past 2.1 soon. PMETAL just bought, not much gain
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holding PMetal?

china releasing AL stockpile caused a dive last 2 days.

i bought some. smile.gif

AVFAN
post Jun 18 2021, 11:14 AM

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QUOTE(Taikor.Taikun @ Jun 18 2021, 11:09 AM)
Yeap, avg down yesterday but it continue to drop 10 cents more i didnt chase. This morning dropped a while, now going up. Still holding CSC too. I dont know how long this effect of China’s reserve have on current exercise but global recovery will increase the demand for such commodities. Will just wait
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today, metals recover while oil drop.
https://www.investing.com/commodities/real-time-futures

This post has been edited by AVFAN: Jun 18 2021, 11:15 AM
AVFAN
post Jun 18 2021, 11:58 AM

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really, MY cannot cling on to cheap imported labor forever.

they need to let go at least half of them and bite it.

come covid 22, 25, it will become very messy.

v hard though - addiction to cheap illegal labor + debt + free money + songlap + plutocracy.
AVFAN
post Jun 20 2021, 06:27 PM

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beside this umno meeting thingy, bursa may get whacked tmr becos of "foreign worker abuse".

more and more noise now... eventually, all biz in malaysia will be affected.

the price we pay for 40 years of uninterrupted and corrupted use of cheap, unskilled, foreign, illegal workers.

and there is no will, plan or strategy to change.

QUOTE
Electronics factory accused of exploiting migrant workers
https://www.malaysiakini.com/news/579746
Allegations of abuse and exploitation at PJ banana leaf restaurant
https://www.malaysiakini.com/news/579739

AVFAN
post Jun 21 2021, 09:39 AM

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QUOTE(theberry @ Jun 21 2021, 09:11 AM)
We are ready to break 1550 again
Hahahahhahah
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it will... 1500 even.

raging covid, bad politics, people no income.... + rising shipping costs, commodities, inflasi...

putraj behaving like a deer in the headlights.

QUOTE
You have 14 days to reconvene Parliament… or else, Zahid tells PN
https://www.freemalaysiatoday.com/category/...zahid-tells-pn/

AVFAN
post Jun 21 2021, 09:52 AM

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QUOTE(theberry @ Jun 21 2021, 09:49 AM)
And yet Hong Leong broking keep public research it will hovering around 1570 before break out 1600+++

Until now still 1570 and yet it is believed it will drop further..

Hahahahhahaha
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the profitable exporters probably can hold but if longer stricter lockdowns, they get screwed too.

then there is nothing left. biggrin.gif
AVFAN
post Jun 25 2021, 12:49 PM

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palm oil... first FGV, then Sime... next, IOI?

mr andy hall will have decades of bright career just hammering any export biz in malaysia... since all of them use cheap migrant labor.

QUOTE
IOI aware of US customs letter on forced labour allegation
https://www.freemalaysiatoday.com/category/...our-allegation/

AVFAN
post Jun 25 2021, 04:58 PM

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QUOTE(Taikor.Taikun @ Jun 25 2021, 04:50 PM)
Press Metal surging up. Looking good.

Sold TGuan not long ago for small profit, now buy back at slightly lower price. Hope it can rise soon.

Hengyuan masuk long kang. QL Res falling below 5.7 now. Samaiden still wouldnt come down.

The market’s mood is not good
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agree.

the whole of bursa now held at ransom due to bad politics while the power politicians have fun, enjoying themselves.

press metal looking good, i bought more yesterday!

metals, commodities, crude oil all very resilient, no sign of abating.




AVFAN
post Jun 28 2021, 10:16 AM

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QUOTE(Taikor.Taikun @ Jun 28 2021, 10:01 AM)
Down 15.92 from the start. How low can it get. What if this is a long fall
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it is looking to be a long fall... if covid cases stay >4000.

past 2 weeks no. of cases/no. of tests show rate of 8% positive, very high.

the risk is if it gets higher again, forcing many factories, enterprises to close.... things will get worse.


i wud hold for now, wait n see...

perhaps the thing to watch is... once it gets near to 4k, klci will rebound fast and furious?! biggrin.gif
AVFAN
post Jun 28 2021, 10:27 AM

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QUOTE(propertyfeature @ Jun 28 2021, 10:23 AM)
if they really based on number of cases as determinant factor to open the economy, I think majority are in deep shit..
many small SMEs will be out of business & more NPL will arise.. combined with the sloppy Phase by Phase opening  shakehead.gif
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that's what they say the plan is.

it willo be that... becos there are no big brains that can think of doing something diff.

so, it's still einstein's, "Insanity is doing the same thing over and over again and expecting different results.".
AVFAN
post Jun 28 2021, 11:04 AM

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QUOTE(Duckies @ Jun 28 2021, 10:53 AM)
Hmm oil price still going up but oil counters in Bursa is not moving much
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sentiment very low, no foreign money, serba scandal, bad politics...

even if crude goes to $100, they may not move.

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