Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 STOCK MARKET DISCUSSION V150

views
     
theberry
post Dec 28 2020, 04:09 PM

OK!
*******
Senior Member
3,514 posts

Joined: Oct 2011
Klci approaching red zone soon
rclxm9.gif

This post has been edited by theberry: Dec 28 2020, 04:09 PM
Bendan[520]
post Dec 28 2020, 04:10 PM

Nerd
******
Senior Member
1,021 posts

Joined: Dec 2008


QUOTE(Boon3 @ Dec 28 2020, 04:07 PM)
Not really.

First is to stick to basic, which is recognising the 3 type of charts.

1. Up chart
2. Down chart
3. Sideways chart.

Knowing that solves most of the problem already.

And yes charts can always be manipulated.
That's why I always say use the chart but don't let the chart use you.
That's also why that if you want to trade, make sure you know that there is a catalyst for you and also others to want to trade the stock.
Don't trade just cos the chart says so.

Okay MGRC.

If you are not in ... then clearly, as it is, you are not IN as early as you like.
Number of shares is so small, clearly indicating the possibility that the stock is in the hands of the cook.

Fundamentally ... I have zero idea what the company does..... BUT ...if you look at the most recent 3 quarters.... you will probably walk away already. Revenue also don't have wo ... what else do you want to talk about the company?

So if you still wanna bet on it (for whatever reason) then perhaps, Brendan advice is ideal. Wait for the pullback before you dive in the stock.
*
My advise is not to enter now, but judging from fundamentals and volume of the stock. I'll give it a miss. This counter highly manipulated by sharks..

You wanna dance with the devil? Make sure you dont get your pants burnt icon_idea.gif icon_idea.gif
statikinetic
post Dec 28 2020, 04:11 PM

BaneCat
*******
Senior Member
2,940 posts

Joined: Jan 2010
QUOTE(theberry @ Dec 28 2020, 04:09 PM)
Klci approaching red zone soon
rclxm9.gif
*
Currently more gainers than losers.
Gloves probably contributing to the dip today.
SUSNew Klang
post Dec 28 2020, 04:12 PM

Look at all my stars!!
*******
Senior Member
4,998 posts

Joined: Dec 2010
QUOTE(skty @ Dec 28 2020, 04:00 PM)
just bought another batch of TG when it hit my queue at 6.25.

hopefully spmx also get matched today.

This round is a good Christmas as Alibaba also provide opportunity.

:thumbsup:
*
That's good. What is your bid price for spmx?

I follow you and -5sen
AVFAN
post Dec 28 2020, 04:16 PM

20k VIP Club
*********
All Stars
24,483 posts

Joined: Nov 2010
QUOTE(skty @ Dec 28 2020, 04:00 PM)
just bought another batch of TG when it hit my queue at 6.25.

hopefully spmx also get matched today.

This round is a good Christmas as Alibaba also provide opportunity.

thumbsup.gif
*
nice.

good support there.

i got a tiny bit of spmx 6.37.

almost bottom, i hope! laugh.gif


pinksapphire
post Dec 28 2020, 04:28 PM

Regular
******
Senior Member
1,264 posts

Joined: Aug 2009
QUOTE(sadukarzz @ Dec 28 2020, 11:29 AM)
Just saying, if your buy/sell call needs forumers to convince, you should avoid trading in stock market.

If you are firm on your decision and getting second opinion, then good for you.

Glove: The cycle is over for now, you either join the bandwagon of "glove will spike up again" then turn up to be "long term investor"; or you are a true long term investor who didn't even flinch when the gloves spiked.

Bintai: You know why you entered, you should know best whether there is "road to recovery for them". On 25th August 2020 onwards, there have been no "recovery" or whatsoever. You probably just caught the falling knife.

My insignificant, noob, uneducated, speculative 2cents.
*
Thanks for this, I'm still new and will continuously ask for opinions when certain spikes or dips happen so I can learn and understand why reactions take place. Now I've turned into long term investor cuz quite deep into the stocks, lol...I don't have plan to sell them off, but it does give me jitters to see so much paper loss.

QUOTE(kembayang @ Dec 28 2020, 11:35 AM)
How high was your Bintai position?
I remember last time i was at RM0.85.
Dropped until RM0.50 level.
Hold for 3 months +, sudden spike to RM0.93 on one day.
Set Order position at RM0.90 and matched.
From here you should have your own judgement.
*
Appreciate you sharing your moment.
>Rm1...stupidity, nothing else back then chasing high and didn't know how to sell. So now in 50% loss, thinking if it's best to keep till some spike takes place and sell with lesser loss, or complete give up on it.


QUOTE(statikinetic @ Dec 28 2020, 11:49 AM)
I think the others have addressed the question sufficiently.
Your approach should corrrelate with your longer term view; either the demand for gloves will remain a constant and the profits for glove companies will be the new normal, or the game is up. Market short term reaction can be random at time, the collective of millions of irrational human minds. Trying to make sense of the short term may be an exercise in futility. So most of us analyze the long term instead.

For me, I think the topic is fully matured and have no position in gloves.
*
Thanks, you've said it rightly and reassuring to know that short term analysis is a futile approach. I'm almost thinking the same, and probably it's best to remain so. Thus, asking for opinions as any sound thoughts help build my resilience that's wavering so much now, lol

QUOTE(ben3003 @ Dec 28 2020, 01:54 PM)
Gloves still can hold on? Every quarter profit also go down to drain lol.. i did average down and like what some sifu here said, ur risk doubled on tat stock. And i learnt my lesson lol. Ya i dont have unlimited resources. And i missed out opportunity becos warchest locked at gloves. Thinking to cut loss and fight Another day by this week.
*
For me, I'm thinking to average one more time on Supermax and if next year still as horrible...I guess I'll rethink on limiting my losses, but not completely selling them off. Anyway, next year is few days to go, lol...talk about how soon it comes.

QUOTE(AVFAN @ Dec 28 2020, 04:16 PM)
nice.

good support there.

i got a tiny bit of spmx 6.37.

almost bottom, i hope! laugh.gif
*
Is this your top-up fund or new buy?

This post has been edited by pinksapphire: Dec 28 2020, 04:29 PM
skty
post Dec 28 2020, 04:38 PM

There is only one thing I know. That is I know nothing.
*******
Senior Member
4,511 posts

Joined: Aug 2005
From: Klang/Shah Alam


QUOTE(New Klang @ Dec 28 2020, 04:12 PM)
That's good. What is your bid price for spmx?

I follow you and -5sen
*
Don't follow me as I am always wrong. biggrin.gif

I queue 6.25 for spmx as well as it was the range that I haven't gotten.


QUOTE(AVFAN @ Dec 28 2020, 04:16 PM)
nice.

good support there.

i got a tiny bit of spmx 6.37.

almost bottom, i hope! laugh.gif
*
I have a little bit worry about spmx that it won't continue to drop.

The shorted volume has been fully bought back.

But I guess I just need to be discipline and stick to my plan and TP.

Bad news is that EPF keep on buying in Harta. Never stop. I hope they start selling Harta so the downtrend can prolonged.

Good news is there are still warrants to expire until year end.
statikinetic
post Dec 28 2020, 04:39 PM

BaneCat
*******
Senior Member
2,940 posts

Joined: Jan 2010
QUOTE(pinksapphire @ Dec 28 2020, 04:28 PM)
Thanks, you've said it rightly and reassuring to know that short term analysis is a futile approach. I'm almost thinking the same, and probably it's best to remain so. Thus, asking for opinions as any sound thoughts help build my resilience that's wavering so much now, lol
*
Sounds like you are still experimenting around your investment approach, and your investment horizon has yet to be tuned.
Keep in mind whatever approach you end up with, make sure you can sleep at night. First things first.
Bendan[520]
post Dec 28 2020, 04:41 PM

Nerd
******
Senior Member
1,021 posts

Joined: Dec 2008


Yesss yesss


KPOWER
SCIB

Finally down! Finally..
Krv23490
post Dec 28 2020, 04:41 PM

Look at all my stars!!
*******
Senior Member
2,175 posts

Joined: Mar 2016
QUOTE(Bendan520 @ Dec 28 2020, 04:41 PM)
Yesss yesss
KPOWER
SCIB

Finally down! Finally..
*
looking at KPOWER as well

u bought already ?
AVFAN
post Dec 28 2020, 04:43 PM

20k VIP Club
*********
All Stars
24,483 posts

Joined: Nov 2010
QUOTE(pinksapphire @ Dec 28 2020, 04:28 PM)
Is this your top-up fund or new buy?
*
i top up, i trade... all kinds. biggrin.gif

QUOTE(skty @ Dec 28 2020, 04:38 PM)
I have a little bit worry about spmx that it won't continue to drop.

The shorted volume has been fully bought back.

*
right, that's my question too...

is this correct... all shorts no more except TG 0.22%??
https://www.bursamalaysia.com/misc/missftp/...End20201224.pdf

joeblow
post Dec 28 2020, 04:43 PM

Regular
******
Senior Member
1,147 posts

Joined: Dec 2015


Just sold my CSCSteel at RM1.41... Slowly sell all my inherited shares because I don't know what's the original purchase price...

FYI, I think a major market correction overdue and some bros here talked about it. Reasons etc.

However what's strange is that most bank RMs and Fund Managers actually bullish on Equities 2021.

May sell my bank stocks soon, missed the last peak. All bros huat ah!!!
kembayang
post Dec 28 2020, 04:45 PM

Regular
******
Senior Member
1,441 posts

Joined: Oct 2017
Gloves shopping spree bonanza...
BTW Kpower is quite ugly, from +6% become - 6%.
howyoulikethat
post Dec 28 2020, 04:46 PM

On my way
****
Junior Member
626 posts

Joined: Jul 2020
From: Land of Honah Lee
QUOTE(cherroy @ Dec 28 2020, 02:52 PM)
PE is the rear mirror view figure.

Stock market doesn't care about the past but looking forward ahead.

PE is a good yield stick if the profit figure is going to be steady throughout, but if profit and prospect ahead is going to have big change, PE is not a suitable indicator.

There is a market term called "PE trap" that we need to aware of.
*
Interesting views. This probably explains why glove companies now have relatively low PE compared to potential high earnings. With vaccines out, Mr Market is scared the extraordinary revenue & profit might not be sustainable.

I've observed that, some stocks are stuck with low PE for well known reasons.

For Magni, low PE coz one concentrated customer. For ARBB, too good to be true. For Tambun, property sector slowdown. For Allianz, I'm not too sure why.

Anyhow, PE is just one part out of the many criteria for stockpicking.
HereToLearn
post Dec 28 2020, 04:46 PM

Look at all my stars!!
*******
Senior Member
2,282 posts

Joined: Sep 2019
QUOTE(theberry @ Dec 28 2020, 04:09 PM)
Klci approaching red zone soon
rclxm9.gif
*
Contributed by supermax

QUOTE(Krv23490 @ Dec 28 2020, 04:41 PM)
looking at KPOWER as well

u bought already ?
*
Drop like this better dont buy, scib also dropped in a similar way, maybe some big fund started offloading.
Also, it is no longer cheap. When I bought it was Rm3.

QUOTE(joeblow @ Dec 28 2020, 04:43 PM)
Just sold my CSCSteel at RM1.41... Slowly sell all my inherited shares because I don't know what's the original purchase price...

FYI, I think a major market correction overdue and some bros here talked about it. Reasons etc.

However what's strange is that most bank RMs and Fund Managers actually bullish on Equities 2021.

May sell my bank stocks soon, missed the last peak. All bros huat ah!!!
*
Rich guy. Anyway congrats biggrin.gif.

If there isnt any major crash, you can hold banks at least until OPR stops rising.

This post has been edited by HereToLearn: Dec 28 2020, 04:51 PM
skty
post Dec 28 2020, 04:48 PM

There is only one thing I know. That is I know nothing.
*******
Senior Member
4,511 posts

Joined: Aug 2005
From: Klang/Shah Alam


QUOTE(AVFAN @ Dec 28 2020, 04:43 PM)
is this correct... all shorts no more except TG 0.22%??
https://www.bursamalaysia.com/misc/missftp/...End20201224.pdf
*
just my guesstimate as the list only show stock that have 0.1% and above.
AVFAN
post Dec 28 2020, 04:48 PM

20k VIP Club
*********
All Stars
24,483 posts

Joined: Nov 2010
QUOTE(kembayang @ Dec 28 2020, 04:45 PM)
BTW Kpower is quite ugly, from +6% become - 6%.
*
this one, real genuine bursa power! biggrin.gif

7.78... 6.55 in one session.

hope u did not buy penthouse.

This post has been edited by AVFAN: Dec 28 2020, 04:50 PM
AVFAN
post Dec 28 2020, 04:49 PM

20k VIP Club
*********
All Stars
24,483 posts

Joined: Nov 2010
QUOTE(skty @ Dec 28 2020, 04:48 PM)
just my guesstimate as the list only show stock that have 0.1% and above.
*
ya, think so.
skty
post Dec 28 2020, 04:50 PM

There is only one thing I know. That is I know nothing.
*******
Senior Member
4,511 posts

Joined: Aug 2005
From: Klang/Shah Alam


QUOTE(joeblow @ Dec 28 2020, 04:43 PM)
Just sold my CSCSteel at RM1.41... Slowly sell all my inherited shares because I don't know what's the original purchase price...

FYI, I think a major market correction overdue and some bros here talked about it. Reasons etc.

However what's strange is that most bank RMs and Fund Managers actually bullish on Equities 2021.

May sell my bank stocks soon, missed the last peak. All bros huat ah!!!
*
oh hi, glad to know what's your findings smile.gif

This post has been edited by skty: Dec 28 2020, 04:51 PM
pinksapphire
post Dec 28 2020, 04:51 PM

Regular
******
Senior Member
1,264 posts

Joined: Aug 2009
QUOTE(statikinetic @ Dec 28 2020, 04:39 PM)
Sounds like you are still experimenting around your investment approach, and your investment horizon has yet to be tuned.
Keep in mind whatever approach you end up with, make sure you can sleep at night. First things first.
*
Yes, you're right...this year or come 2021, I wanna switch to moderate aggressive...and see if I'm fitted for higher or rather just maintain. Hence, venturing into stocks. Of course, extremely new and learning the nuances, albeit too reckless, so now correcting myself with guidance from all.

Yes, sleep at night, indeed I need that foremost.

3075 Pages « < 2077 2078 2079 2080 2081 > » Top
 

Change to:
| Lo-Fi Version
0.0408sec    1.20    6 queries    GZIP Disabled
Time is now: 24th December 2025 - 06:31 PM