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 STOCK MARKET DISCUSSION V150

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HereToLearn
post Aug 17 2020, 09:26 PM

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QUOTE(HereToLearn @ Aug 17 2020, 09:22 PM)
MY SPECULATION: Gloves, vaccine, gold, pennies (high retailer's participation) will slowly fall even though some gloves showed solid results (which is unlikely to be sustainable after few years/quarters). Because a lot of retailers' funds were involved to push the price, it is only logically for the prices to fall EVEN WITHOUT the sharks selling, when the retailers sell them to pay for loan repayment.
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I am temporarily halting to buy any stocks even though a lot of cheap deals around, hoping that somehow retailers will throw some counters that I want (to pay loan), so I can buy them after moratorium rclxm9.gif
Hope that institutional funds dont move into the sector that I am aiming too soon.

Hibernation mode until Oct 31. rolleyes.gif
HereToLearn
post Aug 17 2020, 09:28 PM

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QUOTE(ChAOoz @ Aug 17 2020, 09:24 PM)
I focus on pure gaming, its what they do and do best. GenM  tongue.gif
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GenM is good (I dont own them, not promoting, might buy later but certainly not now), once the vaccine is in production. Casinos should be able to prosper rclxm9.gif
HereToLearn
post Aug 17 2020, 09:33 PM

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QUOTE(lauwenhan @ Aug 17 2020, 09:27 PM)
I might be biased. But I scooped a lot of Genting shares during the March coronavirus "mini" stock market crash. A lot of DCA. Literally bought during downtrend and then bought during the momentum. For sure, next QR will be shit. Negative earnings guaranteed. So the correct play would be to enter now. And buy some more after the earnings. And long hold until the reopening of the outdoor theme park.
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My plan is to buy before the theme park reopening (provided that reliable effective vaccine is already in production), still have about 1 year timeframe for me to collect low (ideally below 1.9 for GenM).
*PS: I am not cursing your counter. But everyone loves discounts =D
HereToLearn
post Aug 17 2020, 09:35 PM

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QUOTE(hs_clover @ Aug 17 2020, 09:29 PM)
wat loan repayment?
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A lot of adults have commitments such as (autoloan, housing loan)
HereToLearn
post Aug 17 2020, 09:37 PM

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QUOTE(ChAOoz @ Aug 17 2020, 09:36 PM)
RM1.9, hmm very hard tho. Genting core holder base are stubborn as hell.

Maybe a freaking ugly quarterly report could create that buying opportunity, but i can't really put a high likelihood for that.
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Yes hahaha, very hard. Wait only lo, if no drop can always buy other counters. No FOMO
HereToLearn
post Aug 17 2020, 11:37 PM

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QUOTE(hellkvr @ Aug 17 2020, 11:25 PM)
i forsee people will start cutloss theirs glove counter to chase gold stock related, greed is natural human nature, tomorrow may god bless us all!!!
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The daily swing in glove stocks offer great opportunity to do day trading. Buy every -10 to - 12% sell back when -5 to -3%
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post Aug 17 2020, 11:40 PM

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QUOTE(Yggdrasil @ Aug 17 2020, 11:37 PM)
Nope because too boring and not my cup of tea.
GDP also relative. Each country measure differently. Many variables involved. China likely lied anyway.
What's more important is whether countries can rebound and recover (too early to tell).

If I spend time doing deep analysis it better be worthwhile. Like:

1) Analysis of cheapest way of sending money abroad
2) Analysis of the mysterious disappearance of Chinese cellphones early this year
Fewer cellphones = Many dead people?
3) Malaysian banks with great exposure to highly geared Malaysian companies
Others pitched in and I learnt something new. E.g. most GLCs are 'forced' to do businesses with GLC banks
4) WHT impact on ETF returns
Note: I'm lazy to update my latest findings (corrected some errors) because nobody interested or shared anything
5) Are stocks worth buying to corporate raid?
Earlier this year when some penny stocks were as low as RM0.01, I asked whether some stocks were worth buying to corporate raid laugh.gif No replies.
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LOL is there such a thing for number 3? Enlighten me pls. I wish to know more. If you dont feel like posting here. PM me
HereToLearn
post Aug 17 2020, 11:43 PM

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QUOTE(icemanfx @ Aug 17 2020, 11:41 PM)
A reason gloves stock was lacking buyers to push price higher.
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Going south, buyers slowly exiting as fantasy of keep going up is broken. More will start cashing out for loan repayment
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post Aug 18 2020, 10:22 AM

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QUOTE(chenkiong @ Aug 18 2020, 10:17 AM)
hi all, morning. can teach me how to buy top glove? use which platform?
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LOL this guy... Dont even know how to buy stocks. Straight away want to buy topglov
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post Aug 18 2020, 03:15 PM

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QUOTE(icecreamcake @ Aug 18 2020, 03:13 PM)
volume looks so weird today..
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QUOTE(summer_86 @ Aug 18 2020, 03:13 PM)
i bought TG at rm25 when drop ..but too bad didnt average down.
Now it went back to my price and earning a bit

A good leason for me , normally , i will cut loss if drop more than 15%, this time i choose to hold

But thinking should i sell now , it's look abnormal.
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Why? In what sense?
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post Aug 18 2020, 03:22 PM

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QUOTE(ben3003 @ Aug 18 2020, 03:19 PM)
profit taking already lol
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Day traders closing position only. But still congrats to all glove investors who manage to profit today. Spectacular jump
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post Aug 18 2020, 03:55 PM

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QUOTE(cherroy @ Aug 18 2020, 03:49 PM)
Based on market movement today, yesterday should buy, but retailers net sold -465 mil.
One of biggest amount net sell in recent tracking of market participant rate.

While today should sell and take profit yesterday bought, but yet, retailers looks like flocking in again.
I am no surprise if tomorrow stat comes out retailer become biggest net buyer.
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yesterday net sold is -121
Foreign bought 139.


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post Aug 18 2020, 04:16 PM

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QUOTE(jkfoong @ Aug 18 2020, 04:12 PM)
I wonder why not many people here buy on Adventa. Any reason of it?
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QUICK PROFIT and adrenaline rush. What else do you need? Lol
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post Aug 18 2020, 04:34 PM

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QUOTE(Duckies @ Aug 18 2020, 04:31 PM)
If it's a good fundamental counter can in more and then hold and wait til glove and gold hype over.
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Let it drop more
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post Aug 18 2020, 05:10 PM

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QUOTE(adren1 @ Aug 18 2020, 05:00 PM)
now its high up u went in?
later drop how
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If you believe that it can go higher, buy

*I dont own any gloves, just sharing some info that might help you.

Gloves drop from 6 August
Foreign significant buying since 13 August
Local significant selling since 6 August
Retailers significant buying since 29 July, significant selling yesterday


https://www.pickastock.info/MarketParticipation
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post Aug 18 2020, 05:17 PM

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QUOTE(Deathscythe@@ @ Aug 18 2020, 05:07 PM)
Yeah, spend time to match is better than dump into a blackholes and wishing sharks to come and rescue. After goreng so much, u got the same feel huh?
That is the problem now. Look at those strong counters, look at EPF investments, they recently acquired a lot of Axiata shares/Digi/Maxis shares.
Maxis i personally feel a good buy now as i was hardly to get match at current price. (matched at RM5.1 after days of trying since it is a small investment).

I was waiting for more 5G news which supposed to launch mid of this year. They might know something from them. Lets see how it goes. Ikan bilis like me, needs some rest. haha...  tongue.gif

Good luck everyone in Glove World~. I will be back if the TG/Harta pricing back to two days ago.  rclxm9.gif
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Same for the banks (BIMB, RHB, CIMB). But from my observations for months, they are controlling the price heavily within the range that they want,
i.e. buying when hit a certain price, selling when hit a certain price
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post Aug 18 2020, 05:23 PM

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QUOTE(Deathscythe@@ @ Aug 18 2020, 05:21 PM)
Thanks for your sharing. Yes, I plan to keep it and if the price is 22 it will be my matching (i not greedy to get it match at 21.7 etc) If didnt get match, i just let it be, Chasing high seems like chasing for heart attack to me especially this is consider a "part time" job. So i also must not forgotten that i need to spend more time for my current job. So I let go and become a free ikan bilis with loaded some "cold" shares now (Maybank/Axiata/Maxis). owned a 5G phone from Maxis, but with 5g ready huh?
I noticed these shares quite stable even with Covid 19 strike. So just hold it since my overall profit is green now. as long as in green, i am happy ady since I experienced deep red recently and almost no mood to chat much here.  flex.gif

(Keep thinking should i take out more cash from my my house loan to invest etc....a road to holland which i didnt opt for luckily.) innocent.gif
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Thats good actually, dont let trading affect your main job. If things turn against you, you could lose both sides. Reasons why i have not touch any gloves till now
HereToLearn
post Aug 18 2020, 05:50 PM

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QUOTE(Speedstar1 @ Aug 18 2020, 05:31 PM)
Today net buyers are foreign..to hell with local IBs
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Where do you get this info SO QUICKLY? Mind sharing?
Thanks biggrin.gif
HereToLearn
post Aug 19 2020, 11:06 AM

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QUOTE(ry8128 @ Aug 19 2020, 11:01 AM)
I dun care charge or not. Even if going down is ok too. At least got some suspense. Else it’s too predictable.
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LOL too rich. But yeah, volatility is required for day trading. The gap now not attractive for day traders
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post Aug 19 2020, 01:02 PM

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QUOTE(bronkos @ Aug 19 2020, 01:01 PM)
stay vigilant glove stock traders, this time let us retail noobs trap them big sharks instead.
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LOL what a joke statement

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