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 STOCK MARKET DISCUSSION V150

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propertyfeature
post Dec 28 2020, 10:48 PM

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anyone got this error with TD Ameritrade SG:

REJECTED: On this account you cannot open new equity positions

?? I can't buy cause of this = =
MedElite23
post Dec 29 2020, 08:09 AM

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QUOTE(nauticat99 @ Dec 28 2020, 10:11 PM)
@Medelite23...You must be very busy cause didn't see you popping here. Pls take good care of yourself. Heard situations not good.....
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Hey man, I’m all good no worries, I hope you and family are safe and sound too.

As ya’ll know the cases are surging crazily these days, so there’s more work for us frontliners to do. In fact, our healthcare system is so over burdened now we have to transfer frontliners from other states to come give a helping hand.. sad.gif

And because the rate of infection has exceeded our handling capacity in terms of manpower and resources like hospital beds, DG is mulling home quarantine for those tested positive.

Had certain parties not ‘misuse’ our fund reserve, we could very well afford another round of EMCO given the severity we’re facing..but it seems futile to mention these now..

I’m still wearing my gloves very tightly, if you know what I mean rclxm9.gif (some of our glove holders here have made their stand clearly for justification purpose, and I fully agreed. Only to add, that I would still have parked my money in glove companies for diversification and hedging purpose regardless of short term price movement,the story hasn’t changed much eh..mr.market only priced in for their outlook in coming 2-3 years, but seems to have forgotten what these companies are worth in 10,20-30 years.. eh but I thought market is forward looking?! tongue.gif , and you guys don’t have to follow my POV because our investment horizons may differ)

While I hope the pandemic to end as soon as possible, I don’t see light at the end of tunnel for now.

When the politicians fail to control the spread of disease, at least they can hype up vaccine news to give a (false) sense of hope to their citizens in order to stabilise economy.

Can you imagine the economical impact if PM states in a press conference:”sorry guys, we’ve tried our best but our best still not good enough, we’re not even sure how effective this vaccine shit going to be in curbing the disease as a whole, you’re on your own man, take care bye bye!” shocking.gif rclxub.gif

How long do you think this false illusion can last before reality sets in?

Anyway, I still peek on here when I can, just kinda reverted back to what I’ve been all these while - a silent reader that is biggrin.gif
.

This post has been edited by MedElite23: Dec 29 2020, 08:31 AM
Boon3
post Dec 29 2020, 08:43 AM

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QUOTE(nauticat99 @ Dec 28 2020, 09:58 PM)
@boon3 my issue is not with mgrc nature of business..it's the few new directors and  share holders that came in June that is the problem.
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... and you have to take note of the shareholder transactions... quite a fair bit of disposals.... the rainmaker disposals .... you can see that they still have plenty more shares to dispose (if they want) ...


it's slightly interesting... a small chunk of money ... clean (no debts) ... but then ... I would say ...no business too......
having said that, such a setup, is very easy for someone to take control and inject new business in it...
but then ... the share price is steamrolling ahead, which pretty much negates whatever speculation advantage one could have...



https://www.thestar.com.my/business/busines...ces-outfit-mgrc

This post has been edited by Boon3: Dec 29 2020, 08:51 AM
zell80 P
post Dec 29 2020, 08:47 AM

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QUOTE(MedElite23 @ Dec 29 2020, 08:09 AM)
When the politicians fail to control the spread of disease, at least they can hype up vaccine news to give a (false) sense of hope to their citizens in order to stabilise economy.
When citizens feel safe and there is hope then they go out shopping/travel during this time.
Then this increase spread of disease. --> Back to today situation/problem
Seems like a dead lock scenario.

QUOTE(MedElite23 @ Dec 29 2020, 08:09 AM)
Had certain parties not ‘misuse’ our fund reserve, we could very well afford another round of EMCO given the severity we’re facing..but it seems futile to mention these now..
Can elaborate more on 'misuse' part? smile.gif
ChAOoz
post Dec 29 2020, 09:22 AM

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QUOTE(Sir Talks Alot @ Dec 29 2020, 09:18 AM)
holy crap, spmx and tg almost neck & neck
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Yeah quietly they close the gap during this month. Not much fan fare.

Now both are in the same 6.1x range.
ben3003
post Dec 29 2020, 09:27 AM

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Damn tg and spmx, will go below 6 like tat
HereToLearn
post Dec 29 2020, 09:28 AM

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QUOTE(Sir Talks Alot @ Dec 29 2020, 09:18 AM)
holy crap, spmx and tg almost neck & neck
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Almost the whole index is red, bringing supermax into KLCI when it is downtrending is clearly a burden to KLCI.

RIP supermax addition into KLCI, dragging KLCI index slowly to retest 1620 support.



This post has been edited by HereToLearn: Dec 29 2020, 09:32 AM
statikinetic
post Dec 29 2020, 09:30 AM

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Wow, TG and SPMX continues to crumble.
ChAOoz
post Dec 29 2020, 09:32 AM

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The TG buybacks may have cost share holder equity losses of up to 150m or more now.
SUSNew Klang
post Dec 29 2020, 09:38 AM

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QUOTE(Sir Talks Alot @ Dec 29 2020, 09:18 AM)
holy crap, spmx and tg almost neck & neck
*
QUOTE(ChAOoz @ Dec 29 2020, 09:22 AM)
Yeah quietly they close the gap during this month. Not much fan fare.

Now both are in the same 6.1x range.
*
Santa throwing cheap stocks
nauticat99
post Dec 29 2020, 09:39 AM

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Yeehar......managed to grab more smax:)
Boon3
post Dec 29 2020, 09:41 AM

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QUOTE(ChAOoz @ Dec 29 2020, 09:32 AM)
The TG buybacks may have cost share holder equity losses of up to 150m or more now.
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194m if it's 6.10 and over 200m if it's 6.00....
Kadaj
post Dec 29 2020, 09:42 AM

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spmax share issued 2.72b, share price 6.15, market value 16.73b
tg share issued 8.2b, share price 6.11, market value 50.10b

Can't simply compare stock price, need to calculate the share issued and market value, which most people don't care. tongue.gif
CSW1990
post Dec 29 2020, 09:48 AM

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queuing SPMX at 6.0 to average down, my SPMX holding 8.13... or should wait it go down lower?

skty
post Dec 29 2020, 09:49 AM

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damn. TG and spmx panic selling momentum suddenly stopped. doh.gif

water fall shall continue in a moment. tongue.gif
icemanfx
post Dec 29 2020, 09:50 AM

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QUOTE(MedElite23 @ Dec 29 2020, 08:09 AM)
Hey man, I’m all good no worries, I hope you and family are safe and sound too.

As ya’ll know the cases are surging crazily these days, so there’s more work for us frontliners to do. In fact, our healthcare system is so over burdened now we have to transfer frontliners from other states to come give a helping hand.. sad.gif

And because the rate of infection has exceeded our handling capacity in terms of manpower and resources like hospital beds, DG is mulling home quarantine for those tested positive.

Had certain parties not ‘misuse’ our fund reserve, we could very well afford another round of EMCO given the severity we’re facing..but it seems futile to mention these now..

I’m still wearing my gloves very tightly, if you know what I mean  rclxm9.gif (some of our glove holders here have made their stand clearly for justification purpose, and I fully agreed. Only to add, that I would still have parked my money in glove companies for diversification and hedging purpose regardless of short term price movement,the story hasn’t changed much eh..mr.market only priced in for their outlook in coming 2-3 years, but seems to have forgotten what these companies are worth in 10,20-30 years.. eh but I thought market is forward looking?!  tongue.gif , and you guys don’t have to follow my POV because our investment horizons may differ)

While I hope the pandemic to end as soon as possible, I don’t see light at the end of tunnel for now.

When the politicians fail to control the spread of disease, at least they can hype up vaccine news to give a (false) sense of hope to their citizens in order to stabilise economy.

Can you imagine the economical impact if PM states in a press conference:”sorry guys, we’ve tried our best but our best still not good enough, we’re not even sure how effective this vaccine shit going to be in curbing the disease as a whole, you’re on your own man, take care bye bye!”  shocking.gif  rclxub.gif

How long do you think this false illusion can last before reality sets in?

Anyway, I still peek on here when I can, just kinda reverted back to what I’ve been all these while - a silent reader that is  biggrin.gif
.
*
About 90% of those infected are mild or asymptomatic, could quarantine at home and need not occupy hospital resources.

The gomen had overreacted and wasted resources earlier by admitting everyone who tested positive include false positive.

The issue in this country like in many others is too many people are taking social distancing and hygiene lightly.

statikinetic
post Dec 29 2020, 09:51 AM

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TG and SPMX seems to have reversed and are inching upwards.
Don't see strong support yet though.
SUSNew Klang
post Dec 29 2020, 09:51 AM

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QUOTE(Kadaj @ Dec 29 2020, 09:42 AM)
spmax share issued 2.72b, share price 6.15, market value 16.73b
tg share issued 8.2b, share price 6.11, market value 50.10b

Can't simply compare stock price, need to calculate the share issued and market value, which most people don't care.  tongue.gif
*
Calculator not big enough

See chart, low or high price
SUSNew Klang
post Dec 29 2020, 09:53 AM

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Fews day more before SS is allowed
Kadaj
post Dec 29 2020, 09:56 AM

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QUOTE(New Klang @ Dec 29 2020, 09:51 AM)
Calculator not big enough

See chart, low or high price
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just a simple example, don't reply on other, do your own homework for more accurate analysis. thumbsup.gif

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