I'm interested to read UBS's full report. Why did they target so low when all the rest are at RM9-13.

Macquarie's report read already can throw away, because full of conflict of interest.

No full report. Only first page?

Thats why if anyone get their hands on the report can share here. Want to see why they target RM5.

It is becoming a warning sign because this has been going on for months.

Information asymmetry is rampant on Bursa. Retailers are heavily disadvantaged due to lack of financial knowledge and inside information.

What does the institution and foreigners see that retailers don't see?

I have dumped practically everything in my local portfolio (including banks, pharmas, plantation, gloves etc) except for a logistic company which has yet to recover from the March crash. The stock market is getting more and more detached from economic activities on the ground. Businesses in major commercial centers like Taipan, SS15, SS2 are closing like nobody business. Friends doing businesses are complaining sales have dropped 25-75%. But the stock market index has recovered as if Covid-19 had zero impact to the business environment.

Lock in all profits first. Don't want to be the last to leave the party. Bye Bursa. It has been an exceptional run since I re-join the stock market in May.

Unless market crash again or our Malaysian government starts introducing QE, I'M HOLDING CASH. And Bitcoin.

The sellers could have sold morning and afternoon session at higher price. Why suddenly dumped at pre-closing?

Same thing goes to PBB. Could have sold 16++ all morning and afternoon. But they choose to dump at pre-closing.

Any experienced sharks can share some insight please? What is the intention.

Whatever analyst say, trust 10% enough already. Last time when Sapura price was RM4, analyst consensus RM6-8.

See where Sapura is today? My biggest tuition fee ever when first starting to invest 😂.

Glove peak over already loh. Move on to goreng new stocks.

Green Day - Wake Me Up When September Ends?

Big crash imminent dont open trading account to see? XD

Possibility of snap election is 1 major reason I pulled out from equity market.

Here comes the forced settlement from last Tuesday's euphoria buying.

There was a big buyer vs seller fight after TG QR was announced last Thursday afternoon. If the buyers were contra players, then tomorrow will be worse.

Index below 1,500.

Will national team come to the rescue?

My speculation is those who buy on Thursday after QR come out are ikan bilis.

Big player should know better that gloves (and to be fair, most "hot" stocks) always drop after QR.

No wonder can remain green. 12.5m mil shares bought is equivalent to more than 20% of the shares traded today. A very big buyer indeed.


On the other hand, Shahril finally gonna resign after leading the company's share price to fall from RM4++ to RM0.10. Good news for the company.

https://www.sapuraenergy.com/press_release/...uccession-plan/

PBB's bleeding started last Friday. Some funds got the information earlier?

Yesterday 1%, today 3%, tomorrow 1%, day after tomorrow 2%, then again 2%, and then boom 10%.

Feels like the world financial markets just woke up from its dream and realised that we are all still in a negative GDP growth environment, and that Covid-19 is still very much alive and kicking

Will we see the return of "cash is king"?

This post has been edited by ComingBackSoon: Sep 21 2020, 11:13 PM

LMAO there was a time I even said I will buy carepls at 3.88. That time still around RM5.xx

Now? RM1 la I will buy.

My interpretation of the numbers:

1) foreigners continue to be net seller
2) Retailer’s buying interest losing steam
3) institutions tried to def 1,500 but failed

As retailers interest continues to lose steam, and foreigners continue to shun Malaysian equities (they still love our debt securities), the burden will be on the local institutions to hold the index.

Very good sign. Low correlation is good.