There was that domino effect once the RM 6 level is breached that we spoke of yesterday. Mass selldown at 4.42pm which kicked it down just below RM 6, which looks to have triggered more selldowns. Think that was a good RM 15 - 20 mil pressure in the final minutes.

That's the stock the old old fart is active in ........ be extremely careful..... his usage of margin is massive.........

Tmr morning got show to see on gloves d.. ready your bullet to average down again

That's the stock the old old fart is active in ........ be extremely careful..... his usage of margin is massive.........

... well... and why is that so? That's because of the ciggie tax the govt raises causes companies like BAT to raise their prices.... At those prices, it was natural a chunk chose to find the alternate source...

anyway... bottom line for BAT is .... profit is declining so rapidly and so is the dividends.

Inari last min break the 2.8x barrier. This one is consider one of the bigger and more stable tech counter with epf participations.

If inari is doing well probably ASE is doing well then Mi should also do well haha.

Ya if only you bought

TSLA, AMZN, GOOGLE,AAPL, MICROSFT and SHOPIFY.
TGLOV and SUPERMX is no TSLA and AMZON.

Few years down the road, your dividends can't cover your loss of capital when TG back to pre-covid levels..
No point debating IMO, see the charts and what they're telling us?

In the long term... dividends won't help a single bit if the stock business is declining.

Best example BAT in 2015. BAT was trading at a very high price then. About 60 bucks.
If ALEE had simply buy BAT in 2015, and using the assumption that dividends will payback the losses (BAT is known for its dividends, even back in 2015) ....
do you think ALEE can recover the losses?

Good counter in aspect of what?
Tech counter also kena pump and dump in bursa.
Bursa only can stick to defensive stock  bank or utiliity stock like tM (GLC/ monopoly company)

Don't hope bursa stock got growth.

Good counter also need to enter at right price.

Problem is current price is 300%, 500% higher compared to 9 months ago.

I like to test out suggestions.

For example, your statement.... is so, so common.
One hears it all the time.

Let me show you BAT.

Assume one just buy la. Never sell and wasn't afraid cos one is taught that in the long term dividends will help the investor recover from their cincai buy.

Right?

So in 2015. Buy at 60 bucks.

The dividends since then....

2015 -- 312.00
2016 -- 278.00
2017 -- 169.00
2018 -- 155.00
2019 -- 118.00
2020 -- 89.00

That's 1121.00 or RM11,210.00 in dividends

Impressive dividends.

But the purchase price is 60 bucks.
Current price of BAT? RM14.00

Loss = 60 - 11.21 - 14 = 34.79

A loss of 34,790.00 !!!!
( btw the lowest price recently for BAT was 9.26!)
6 years of holding ..... and hoping dividends will help cover losses ___________________________

Thanks for clarifying that few good companies here and most nvestments should be short to medium term for capital gains.

More scrutinisng need to be done

skty done shopping?

supermax 5.98

There was that domino effect once the RM 6 level is breached that we spoke of yesterday. Mass selldown at 4.42pm which kicked it down just below RM 6, which looks to have triggered more selldowns. Think that was a good RM 15 - 20 mil pressure in the final minutes.

Time to keep long term

Iceman : bursa is common pump and dump only

Looks like our morning coffee 9am entertainment is on tomorrow.
Unless Supermax takes a page out of TG book and suspend for 1 hour.
The old old fart probably got a margin call today.
Whichever counter he goes to, I'm definitely not there.

That supermax show.. Damn. Anybody snagged at 5.9?!:lol:

what's the difference between normal stock and warrant?

I got into INARI when it broke over the resistance yesterday. Looks like it's standing strong.