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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Jun 18 2020, 02:46 PM

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QUOTE(EnterYourName @ Jun 18 2020, 02:43 PM)
gloves continue bleeding, party is over
*
Game over man. Game over.
ZeroSOFInfinity
post Jun 18 2020, 05:09 PM

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QUOTE(Ninjitsu @ Jun 18 2020, 04:56 PM)
Haha...yeah, wth....I picked up some Supermx and TopGlov as well since Dow futures turned green.
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I have dropped Comfort and Adventa, double down on Maybank, and holding with Genting Malaysia + Hong Leong Bank.

Could have sold Genting early morning for some profit, but then Rakuten had to throw in a spanner......
ZeroSOFInfinity
post Jun 18 2020, 06:23 PM

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QUOTE(AVFAN @ Jun 18 2020, 05:33 PM)
The last minute buying today is strong compared to last 2 days.

Perhaps due to lifted sentiments when china expert said the 2nd wave in beijing is now under control...?

Eu, dow futures now looking up.
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Thought the same also happened yesterday, yet today KLCI lao sai?
ZeroSOFInfinity
post Jun 18 2020, 07:22 PM

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QUOTE(Vanguard 2015 @ Jun 18 2020, 06:58 PM)
You chose some stable counters. Maybank and Hong Leong Bank are not volatile counters and they will not cause you to suffer from heart attack (like the glove stocks).

You may need to hold GenM for a while (maybe 6 months?) for the revenue to recover.
Yes, we can never time the market perfectly. We can only place our bet and hope for the best.
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Well should have sticked with Maybank and HL instead of trying my luck with gloves. Ah well, part of gambling I guess. You win big, but lose big too. And I was the later.

Then again, it's the fee for playing and learning. High dividend stocks should be the way forward.
ZeroSOFInfinity
post Jun 18 2020, 08:42 PM

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QUOTE(Vanguard 2015 @ Jun 18 2020, 08:04 PM)
Free tip for you.

Have a look also at RCE Capital if you are looking for a good stock with good dividend payment.
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Wow. 5.8 yield? The only higher one I ever saw than this was Maybank. But at 1/4 of its price, that's a good one to get. Thanks.
ZeroSOFInfinity
post Jun 18 2020, 09:33 PM

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QUOTE(Vanguard 2015 @ Jun 18 2020, 06:53 PM)
Yes, it might.

Kentrade did write an article on this to say that it will affect selected stocks.

To quote from the article:

"Be aware of these names. In the Bursa’s universe of short-able stocks (as of 29 November 2019), we have
identified 7 names which have recorded high short participation rates historically and are currently in a downtrend
(making them a prime target for short sellers). Thus, we believe the lifting of short selling restriction could
subsequently cast an additional layer of selling pressure, making any potential share price recovery slightly more
difficult. These counters are UMW, BAT, Sapnrg, Airasia, E&O, Armada, and Dayang".

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UMW and BAT? Now that's a surprise. The other 4..... yeah.

ZeroSOFInfinity
post Jun 19 2020, 11:52 AM

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Well, the market is dead shit currently. Mostly in red. Gloves also struggling. Looks like this week is a dud. Better one next week... perhaps?
ZeroSOFInfinity
post Jun 19 2020, 02:39 PM

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Sudden push of glove stocks after 2.30pm.... another trap in making? While others.... remain the same....
ZeroSOFInfinity
post Jun 19 2020, 02:46 PM

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QUOTE(Coup De Grace @ Jun 19 2020, 02:43 PM)
U got cut loss?
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Already cut yesterday. Now they are in green rclxub.gif ... but still below what I buy for. And dropping......
ZeroSOFInfinity
post Jun 19 2020, 03:01 PM

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QUOTE(theberry @ Jun 19 2020, 02:59 PM)
small loss?
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Let's just say I did lose some, but my dividends cover most of it.
ZeroSOFInfinity
post Jun 19 2020, 05:16 PM

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QUOTE(annoymous1234 @ Jun 19 2020, 04:52 PM)
Now I regret didn't buy top glove at 14.9.

TGIF folks! Happy weekend! Let's pray next week all green
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Wait for Monday. Then we shall see.
ZeroSOFInfinity
post Jun 19 2020, 07:40 PM

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QUOTE(theberry @ Jun 19 2020, 06:22 PM)
next monday until 30 june is very dangerous considering they lift the short selling on glove counter after 30june  sweat.gif
scare kena bulltrap
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That's why its better to consolidate everything quickly before 1st July..... so when that day arrives, you wont be pissing your pants.
ZeroSOFInfinity
post Jun 20 2020, 05:54 AM

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DJI ends in red on Fri.

Goodbye KLSE next Mon.
ZeroSOFInfinity
post Jun 20 2020, 10:30 AM

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QUOTE(theberry @ Jun 20 2020, 10:13 AM)
just checked yesterday buying parties. wow all was made up by local retailer.
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Genting Malaysia suspiciously went up 9 cents in last 1/2 hour of trading. Something doesnt add up, since the stock has been stagnant for a few day now.
ZeroSOFInfinity
post Jun 20 2020, 11:04 AM

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QUOTE(MasterConfucion @ Jun 20 2020, 10:56 AM)
genting open already. can do business.
don’t know but probably make some smart statement and not like lim guan eng stupid statement that bring market down
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Yeah, but the news of their opening was days ahead before that. And it was a recommended stock to buy. But for 2 1/2 days it was a dud. Then suddenly just surge up like that.
ZeroSOFInfinity
post Jun 22 2020, 09:12 AM

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All the glove counters rising..... well that's interesting.
ZeroSOFInfinity
post Jun 22 2020, 09:24 AM

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QUOTE(theberry @ Jun 22 2020, 09:21 AM)
malaysia local retailer is cash rich @@
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While my bank and Genting M stocks are.... limp.

Great suggestions by Rakuten on Genting.... suppose to hit RM3.... but now still around 2.66.... damn.

This post has been edited by ZeroSOFInfinity: Jun 22 2020, 09:25 AM
ZeroSOFInfinity
post Jun 22 2020, 10:19 AM

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QUOTE(Xp3rT @ Jun 22 2020, 09:34 AM)
genm agm starting soon
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When? Ain't gonna be good figures.... unless....
ZeroSOFInfinity
post Jun 22 2020, 10:35 AM

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QUOTE(icemanfx @ Jun 22 2020, 10:26 AM)
local robinhoods have $ to push up share price but hesitate to join force like #ddtg.
price fluctuation mean opportunity for traders and day traders.
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Basically, it's all a gamble. If I hold until today, would have made a bit of profit. But alas.....
ZeroSOFInfinity
post Jun 22 2020, 10:49 AM

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QUOTE(Xp3rT @ Jun 22 2020, 10:47 AM)
streaming now

- full impact of covid on the operation is uncertain at this time
- implementation of aggressive cost control
- outdoor theme park target 2Q 2021
- UK reopened, US operation still closed
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Some good and bad news mixed together.... a bit of dividends also nevermind....

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