I am so ready for the RSS. Currently 70-80% cash, 20-30% equities, waiting for more opportunities to enter lower.
I am a cheapstake, will definitely appreciate if you guys can short any stocks until they are undervalued for entry.

Can try short gloves too, big money waiting to be made if trend continues, I will fight the trend when Topglov reaches below 2.

I only shorted index before, I have never short sell counters before, I dont know how and which counters can be shorted, but here's a possible profitable short selling list below
1. AA, AAX
2. gloves
3. all the pandemic related goreng pennies (e.g. gets, bintai, yongtai, notion)
4. steels that kena gorenged a damn lot (masteel up 50% a day, melewar up 70% a day, mycron up 50% a day)
5. downtrending counters (e.g. Tguan, GCB)
6. OnGs if OPEC decides to ramp up oil production
7. Maybe super high PE tech?

Update: I just check Steel tak ada dalam list , 1 less opportunity for short sellers, here's the list, good luck and happy shorting
https://www.bursamalaysia.com/sites/5d809dc...nuary_2021_.pdf


This post has been edited by HereToLearn: Dec 30 2020, 08:54 PM

Well calculate too much and the point of decision may just pass by you.

BABA at 260, i already think it's a super bargain so i'm really not sure how much it will go down before bargain hunting start stabilizing the price. For me i think the bottom was 220-ish, so i loaded up fully at that level. So far no bad news luckily.

If you miss it , perhaps a crash should be your next bet then or lets hope for some CCP disciplinary action.

Just buy and keep lo, this is not a downtrending stock like TG, also no expiration date on their profit cycle. No need crack your head to swing trade it so hard.

This post has been edited by ChAOoz: Dec 30 2020, 08:56 PM

One can't underestimate CPC vengeance.

Yes.

But i'm also optimistic that the chinese government is going to open up southbound connect for Alibaba HK listing.

If they approve the inclusion, hmm it's going to be great as mainlander flock in for the long awaited action. Also many trading desk has close for new year, so actually not many big fund is doing the bargain hunting at this moment. I expect by Jan it may fly. So yeah, that is my take.

The bad one will be getting more heat from US trade war and also at home the gov is really out to get them.

Last trading day tmr... sime darby, plantations, brace....


https://www.freemalaysiatoday.com/category/...ur-allegations/

For O&G, a better indicator is the price of Crude Oil.
The rest like OPEC supply, are just factors to cause a price dip. When demand slips, price starts to dip and companies then takes a hit. See the graph below when the Corona shutdown started impacting to global economy.

My AT plan fail, lol. Still no news and dec left 1 more day. Might just cash out and prepare for 2021.

what is your price?

big holding ah?

Not much left, around 1/3 of my initial holdings. Thought can ride the wave when news out, but duno why news didnt out

afaik, it is not auto; u need to fill up forms and get approved by yr broker to do IDSS.

for details, best u ask yr broker.

Bet they ignore those NGO.

If Saudi and Russia don't cut production, oil price will drop.

i thk still can hold unless u have better stocks in mind to enter already

I'll be interested to see if there's any impact to the share price too.

Although I don't follow AT, but I saw news that they're starting production sometime. What news other than this that is supposed to be out ah?

News that say gloves production has started successfully.

Last time us ban import from FGV, gap down 5% on open lulz

I have a serious question, am not looking for speculative comments/unconstructive feedbacks. This is important for my homework.

I came across a sharing via Sharix (Harry Teo's) group on a few companies that is nett cash (a paid class btw), and they mentioned that DANCO (5276), as one of their companies covered, had all 3 out of the big 4 glove companies except Supermx, to be a customer of DANCO.

Now, apart from this they also mentioned that KNM is one of their largest customer, this I can find out as they mentioned that this is in IPO prospectus. But I can't seem to dig up anything on the glove players a customer of DANCO.

If you know me well enough you would know I had an affinity towards DANCO for its excellent management / company's financial position. So I really need to know if anyone can verify this / have source that can point me towards in my digging? Thanks.

sure there will be, like FGV.

Peeps, just asking

Let's say i bought shares (filled) at 8am today but i haven't settled the payment with my remiser. Can i sell those same shares i bought right after i buy them, or do i need any minimum holding period before i could sell them ?

Would help if someone here could let me know Thanks.

if your account has a T+2 yes you can do it.

Chart of the day