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 STOCK MARKET DISCUSSION V150

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AVFAN
post Jul 17 2020, 09:13 AM

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TG... anyone during first minute got <20, congrats.

looks like 20.50 remains at major support line.



what crash?!! laugh.gif


AVFAN
post Jul 17 2020, 09:20 AM

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QUOTE(prophetjul @ Jul 17 2020, 09:14 AM)
Bro

Do you know what this means?  confused.gif
Forbid of Direct Business Transaction (DBT) Due to Rule 10.10(1)
Please be informed that the following stocks will be forbidden from DBT from 8.30 a.m. to 10.00 a.m. , as per Bursa Trading Rule 10.10(1).
not too sure, but i think DBT are those direct buy-sell between 2 clients, e.g. odd lots, major blocks...?
AVFAN
post Jul 17 2020, 09:27 AM

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QUOTE(Barricade @ Jul 17 2020, 09:16 AM)
A lot people wants TG to crash

1. They cannot stand to look at people earn money
2. They want to enter low
*
i sold everything 2 days ago as i saw a correction.

correction there was but not this! laugh.gif

anyway, correction came... one way or another.

fundamentally, everything is sound... underlying variables are still intact.

all that noise about vaccine, slave labor, ponzi, etc.. need to filter.

and some people somehow cannot filter that.


i re-entered TG just now at 20.28.

happy enough.


so...imo, it is safe to go back in the water. tongue.gif
AVFAN
post Jul 17 2020, 11:06 AM

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big gloves have all gone green.

perhaps the small ones will too, very soon.


AVFAN
post Jul 17 2020, 12:30 PM

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big gloves has a nice morning.

now, go for nice lunch.

afternoon, all gloves rise again.

ok or not? biggrin.gif
AVFAN
post Jul 17 2020, 02:36 PM

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QUOTE(ZeroSOFInfinity @ Jul 17 2020, 11:10 AM)
Yeah..... waiting..... my gut feeling is that it will happen on the afternoon session.
*
coming, coming...! tongue.gif
AVFAN
post Jul 17 2020, 02:55 PM

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QUOTE(ZeroSOFInfinity @ Jul 17 2020, 02:50 PM)
Wow, this is odd. I thought that I already sold all my glove shares.... and then rebuy.... but somehow, Rakuten "average" out and says I am still holding their shares? shocking.gif
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reading this and some others about rakuten, it seems they dun close everything for the day but average them over more than 1 day.. 2, 3 days?

this is bad.

average buy/sell is always for same day only... at least for the major platforms.
AVFAN
post Jul 17 2020, 03:18 PM

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QUOTE(ZeroSOFInfinity @ Jul 17 2020, 02:59 PM)
Wow, this is confusing as heck. I earned like 1/3 of the money at the moment, while my shares is holding the other 2/3. I mean that's good news (at least some profits are secured), but I could have mistakenly sold at different prices had I not checked correctly.  sweat.gif
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this gets v confusing and prone to making mistakes if u have many trades of same counter in 2-3 days. careful! biggrin.gif


QUOTE(ZeroSOFInfinity @ Jul 17 2020, 03:09 PM)
Wait wait wait.... did Rakuten "change" the prices again? My Careplus is now showing a +0.11 increase, despite it showing -0.04 earlier. What the heck happened?
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no la... this morning they used end of 15/7 prices; now they used the "suspended" prices of yesterday 16/7.
AVFAN
post Jul 17 2020, 03:23 PM

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TG volume today is phenomenal. sweat.gif

at least 50mil x 20 = rm1bil turnover at this time.
AVFAN
post Jul 17 2020, 03:53 PM

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QUOTE(prozfromhell @ Jul 17 2020, 11:58 AM)
now i am damm scared at the 3pm-4pm magic show.
*
come, come.... horror show about to start... dun miss!! laugh.gif
AVFAN
post Jul 17 2020, 04:15 PM

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QUOTE(mnazlan @ Jul 17 2020, 04:11 PM)
i thought it'll not bullish today after yesterdat's glitch.
So, what's next?? Heard that traders are focusing on Tech counters but it didn't happen this week.
*
tech no steam?

pharma like died already.

airasia like grounded 4ever.

fgv seems continue to rise.

so... back to gloves la... tongue.gif
AVFAN
post Jul 17 2020, 04:16 PM

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QUOTE(Barricade @ Jul 17 2020, 04:15 PM)
Sold all my Supermax, handsome 91% profit. Will consider dumping into heavyweight TG or Harta…. let's see.
*
superman touched 17. very nice!
AVFAN
post Jul 17 2020, 04:28 PM

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as spm crossed 17, TG seems wanna cross 23... in the next 15 min. biggrin.gif
AVFAN
post Jul 17 2020, 04:55 PM

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all gloves will close at their day's high.

given all the uncertainty... the news/half news, the facts/noise, the fervor/skepticism u read everywhere... it's been an exhilarating day! laugh.gif

enjoy the weekend. cheers.gif
AVFAN
post Jul 17 2020, 07:55 PM

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QUOTE(silverwave @ Jul 17 2020, 05:33 PM)
Congrats to everyone for the profits and happy weekend.

I was looking through the TP of the big 4 and TG seems to be the one which has some margin to grow. The other three seems quite near to the TP, unless they revise it again.

What's your opinion on this guys?
*
TP... it changes every week if not every day... so, which one u looked at?

latest 5 TPs:

topglove 23, 26, 30, 32, 31
https://klse.i3investor.com/servlets/ptg/7113.jsp

supermax 19, 17, 14, 14, 12
https://klse.i3investor.com/servlets/ptg/7106.jsp

harta 17, 20, 18, 22, 20
https://klse.i3investor.com/servlets/ptg/5168.jsp

kossan 16, 15, 15, 14, 14
https://klse.i3investor.com/servlets/ptg/7153.jsp

harta:
esos 39.6 mil shares (total 3.43 bil) going to be listed on monday.
(many employees all get rich la...)
https://klse.i3investor.com/additionalListi..._3407494199.jsp
AVFAN
post Jul 17 2020, 11:48 PM

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QUOTE(ZeroSOFInfinity @ Jul 17 2020, 08:35 PM)
So..... does the ESOS affect the mother share price?
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dunno... no experience in this.

anyway, from previous post, it is supposedly delayed.

QUOTE(silverwave @ Jul 17 2020, 09:41 PM)
Yes, i did refer to this but i didn't notice the dates, the TP revision is so frequent.

*
about TG, note the highest TP is rm37 from credit suisse on july 16.

previous TP from them was rm23 on june 4.

if u read the report, u will know what assumptions are driving up these targets.

whether one chooses to agree/disagree with them... or how u use these TP as guides... that's an individual affair.

my assessment, i will just say the indicators are excellent again after 3 days of decline incl 2 days of madness.

will it rise further? i bet it will.

how much more, who knows?
AVFAN
post Jul 18 2020, 02:37 PM

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QUOTE(westernkl @ Jul 18 2020, 01:11 PM)
What makes FGV to rise?
*
maybe this:
https://themalaysianreserve.com/2020/07/17/...ke-fgv-private/
AVFAN
post Jul 18 2020, 03:09 PM

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QUOTE(ZeroSOFInfinity @ Jul 18 2020, 12:18 AM)
My guess next week? Monday will be a blockbuster, as today's incredible rally will motivate others to buy more. If the US customs issue is resolved by the weekend, it will go through the roof.

Then on Tuesday, be ready for any drops or profit taking. After that.... its anyone's guess.

BTW, cancellation of ESOS could hint at a major announcement or move by Harta..... split of shares?
*
up down, up down... profit taking....sure there is, many times a day. biggrin.gif

now, darling supermax... cimb just revised TP upwards to 19.60:
https://klse.i3investor.com/servlets/ptres/56033.jsp

and KYY is chirping like a magpie:
https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

so, this fella will get to 20 or not?! biggrin.gif
chances are it will as the trend is intact... maybe take more than a couple of days.
meanwhile, i will be very watchful as it may be approaching overbought status fast.


TG... yesterday, public bank issued new TP of 23.00.
end of day, it was 22.98.
seriously, is public bank trying to tell people not to buy TG anymore?! laugh.gif
https://klse.i3investor.com/servlets/ptres/56029.jsp

This post has been edited by AVFAN: Jul 18 2020, 03:15 PM
AVFAN
post Jul 19 2020, 01:37 PM

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QUOTE
A 1000% Rally Has Glove Maker Stock Mania Outpacing Even Tesla

user posted image

user posted image
Read more at: https://www.bloombergquint.com/markets/a-10...cing-even-tesla
Copyright © BloombergQuint

Fund managers at Northcape and Samsung Asset Management have increased their bets on the sector this year saying the shift in glove demand is structural and many market participants are still behind the curve.


This post has been edited by AVFAN: Jul 19 2020, 01:38 PM
AVFAN
post Jul 19 2020, 06:52 PM

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QUOTE(ZeneticX @ Jul 19 2020, 05:52 PM)
wait till you see those topglove and harta employees that receive ESOS

ez millionaires
*
biggrin.gif
People quietly making hundreds of thousands, millions.
Thousands, tens of thousands look like nothing!

QUOTE(Pugbunny @ Jul 19 2020, 06:10 PM)
TG maciam still room to up

user posted image
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This data is like 10 days old.
Everything has moved up since.
And the insider news start to leak.
Harta shud b first to announce 2q results by aug 6, i think.
The rest will react immedately.

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