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 STOCK MARKET DISCUSSION V150

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Krv23490
post Sep 11 2020, 10:21 AM

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QUOTE(lauwenhan @ Sep 11 2020, 10:16 AM)
really strong rebound and strong support until now. Afternoon hours will most likely the same trend. Still holding TG with heavy heart
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QUOTE(ComingBackSoon @ Sep 11 2020, 10:18 AM)
LOL LMAO after all the bear analysis you’re still holding?
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few days ago he was just saying he pulled out of market and dont buy gloves lol
Krv23490
post Sep 11 2020, 10:30 AM

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QUOTE(lauwenhan @ Sep 11 2020, 10:25 AM)
user posted image
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lol, kecik kecik mau bising.. trying to impress but tak jadi..
Krv23490
post Sep 11 2020, 10:32 AM

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QUOTE(kweil @ Sep 11 2020, 10:26 AM)
also sekejap wanna deactivate acc, sekejap come out with tldr essay
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sekejap say market is rigged and bursa is for uneducated people
Krv23490
post Sep 11 2020, 11:26 AM

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TG and Superman slicing through new highs like butter,
Krv23490
post Sep 11 2020, 11:39 AM

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QUOTE(Druggy8989 @ Sep 11 2020, 11:39 AM)
Yup, slowing down already. This looks like a trap.
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bear or bull trap ? hehe
Krv23490
post Sep 11 2020, 01:54 PM

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QUOTE(skty @ Sep 11 2020, 01:22 PM)
https://koonyewyin.com/2020/09/11/good-oppo...wqYopYqVgRwdFjA

Haha a good read if you want to improve your mindset.

Those who blame KYY are loser because they blame everyone else expect themselves when they failed in investment.

Those kind of people will never be successful.
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exactly, the buyer is the one who is responsible for their own investment, not blaming other traders or whatever advice you read from the internet..
Krv23490
post Sep 11 2020, 03:00 PM

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QUOTE(Bendan520 @ Sep 11 2020, 02:58 PM)
Be vigilant on breakout trend at 3/4pm
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breakout or breakdown... either way normally got show
Krv23490
post Sep 11 2020, 03:27 PM

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QUOTE(ZeroSOFInfinity @ Sep 11 2020, 03:25 PM)
Early selling by those want to cash out. Scared of horror show.
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i feel like today no horror show... what bout u ?
Krv23490
post Sep 11 2020, 03:29 PM

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QUOTE(LA773 @ Sep 11 2020, 03:28 PM)
Why would any1 sell off instead of wait next friday? 🤔
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Tell that to eveyone from Monday-Thursday
Krv23490
post Sep 11 2020, 04:05 PM

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QUOTE(misaka @ Sep 11 2020, 03:47 PM)
Jcy just broke 0.72 brows.gif see how high can fly today
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big ass roadblock at 0.75
Krv23490
post Sep 11 2020, 04:37 PM

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QUOTE(EBBattlefield @ Sep 11 2020, 04:36 PM)
jangan....today already 430....
esok 930 limit up baru seronok tongue.gif
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esok limit down pun no problem
Krv23490
post Sep 11 2020, 04:39 PM

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QUOTE(EBBattlefield @ Sep 11 2020, 04:38 PM)
I hope not...
top glove already issue stock buy back at 7.4 max....
should drop to 7.4 max, otherwise...ggwp  laugh.gif
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oi, esok Saturday la
Krv23490
post Sep 11 2020, 06:02 PM

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QUOTE(ZeroSOFInfinity @ Sep 11 2020, 05:51 PM)
77.60..... divide by 3....... 25.8

That's...... interesting
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isn't that the old TP set by Citi. during the glove mania
Krv23490
post Sep 11 2020, 06:04 PM

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QUOTE(ZeroSOFInfinity @ Sep 11 2020, 06:03 PM)
Citi gave 100+ right?
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Top Glove could touch RM77.60 per share in bull scenario — Citi


https://www.theedgemarkets.com/article/top-...-%E2%80%94-citi
Krv23490
post Sep 11 2020, 08:58 PM

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QUOTE(icemanfx @ Sep 11 2020, 07:47 PM)
shareholders normally buy back to prevent share price to drop below certain level e.g pledged margin price. company normally buy back in lieu of dividend payment.

if qr is better than most expected, share price will rise, company doesn't need to buy back or do anything. it is highly unusual for company to buy back when its stock is popular.
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QUOTE(ChAOoz @ Sep 11 2020, 08:16 PM)
Buybacks is done when the company feel that the market is pricing it's share below its fair value or to provide support.

Buybacks is good overall for the share price presentations, as it's keep a strong demand in the market for the stock as well as provide a better EPS due to reduction in overall share outstanding.

The bad about buybacks is, if its done during when the share price is high then it will be a bad investment for the company in the long run when the share prices drop to a lower level later. In that case, it would be better for all the shareholder to be given an extraordinary dividend instead.

Clearly this is more of a short term move, and would hurt long term investors of topglove which prefer it to invest the cash into the long haul for stuff like R&D, factory expansion, acquisition target or even dividend so they can use the money in other stock with a higher alpha.
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Its true whatever mentioned.. Buyback can be done to make your EPS larger also.. so can be cautious or be hopeful.. sharing article below

Share buybacks: The positives and negatives

https://focusmalaysia.my/opinion/share-buyb...-and-negatives/
Krv23490
post Sep 11 2020, 09:13 PM

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QUOTE(tehoice @ Sep 11 2020, 09:12 PM)
wahhhh aspire to be malaysia largest market cap for
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yeah man, i banana abit, but i hear he say he want overtake the banks, currently after drop this week, become top 4 market cap, expecting to be largest
Krv23490
post Sep 11 2020, 09:16 PM

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QUOTE(misaka @ Sep 11 2020, 09:15 PM)
he say next week qr come will over take harimau bank and publicbank ?
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i do not THINK he meant next week, i dont really understand it, hopefully someone else can clarify !
Krv23490
post Sep 12 2020, 01:31 PM

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QUOTE(lowya @ Sep 12 2020, 01:24 PM)
at this rate, including this one, i see it's going to be almost 0.1% left by end of the month. Yea, still better than zero.
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QUOTE(waghyu @ Sep 12 2020, 01:25 PM)
Even if 1% help is good, far better than the useless rest.
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better than getting happy paying off college fees then immediately blaming the market , saying bursa traders are uneducated and market is rigged when it goes down ...
Krv23490
post Sep 12 2020, 01:34 PM

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QUOTE(waghyu @ Sep 12 2020, 01:32 PM)
Many people trade based on believe. Believe go up... and burned.
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agreed..

enjoy the weekend guys ! i am sure everyone looking forward for Monday
Krv23490
post Sep 12 2020, 04:16 PM

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Sharing this, article came out this morning

The world's top suppliers of disposable gloves are thriving because of the pandemic. Their workers aren't

https://edition.cnn.com/2020/09/11/business...-hnk/index.html

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