maybe Bursa should consider to hire that chairman that just resigned from SD....
you think good idea?

You should see the Chinese export data on gloves.
Let's get back to rss...

Do you think its easy for rss traders to win?

... and there is a limit on how much you can short, yes?

RSS got so many trading limitations....
but most of all... they can short only a max of 5% of total outstanding shares...

so can 5% manipulate and win against the rest?

share buybacks? That's about 10%...
you get a rich CEO... who goes crazy on his shares.... the boss can go amok buying the shares....

Bursa RSS FAQ:
As per FAQ, RSS can only key in a price that is greater than last traded price.
Means that  RSS cannot sell low low, but queue and waiting buyer to buy, so RSS is not the reason of selling down the price.

Some grab investors cashed out.

Who would have thought you invest in grab, its pretty frothy actually even for nasdaq standard if compare to likes of faang or maang.

No p/e, basically sales to price only and super high burn rate of close to 1bil USD per quarter over 150m revenue.

Dont be fool by their sales figure which is using gmv instead of their real top line.

Thoughts on this?

https://www.thestar.com.my/business/busines...rading-on-dec-6

Aiseh, I'm slow.
These days just sitting and waiting on the market, lots of time to look for reading material.

Maybe after Serba threatened to sue The Edge, they intentionally made another article even when there is nothing new.

So quite leading up to the year end. How is your portfolio doing as we tally up this year results ?

Bursa and other equities like S&P 500 did well, but china hit me hard, so total portfolio value actually gone down by around -4%++ compare to last year closing

By next year start im gonna allocate another 10% of total portfolio to continue buying china tech all the way till CNY. This round just on hkex, still betting big on possible hk stock connect  for alibaba and end of regulatory crackdown for the rest.

Just wondering is the rm200 cap removed and stamp duty increased to 0.15% on next year january? Is this rules approved in budget 2022?

Kesian this guy

It was such a dead giveaway... the issues that KPMG highlighted was unreal. Baffling. Did Serba expect an auditor like KPMG to not notice those glaring comical issues? And then the intital answers replied, that was comical too.,,,

You don't seem to be disappointed with Serba itself....

What is the difference compare to previous rates? Seems like got some changes by MoF:

https://www.thestar.com.my/business/busines...apped-at-rm1000

Yes, we will get a more clearer answer come next quarter but here's why this is a MASSIVE concern right now.....

1. The stock was below 2.00 early last year. Today it's only > 40.00. The ultra small number of shares in this stock made it easier to rocket.

So this stock has basically gone up heck a lot.
2. There was a placement of shares worth 17 million, priced around 3.xx ... and there was a bunch of ESOS exercised under 1.40. So there are a bunch of big players holding the stock with ultra cheap prices. If anything go wrong (like stock correct 20% or more), they can dispose without any remorse and they will still make tons of money. ​

So if one is late into this party, best one understand where one stand.... and with a 12 for 1 bonus issue... big players have every single reason to take profit.....
3. Despite the booming profits, we have already seen 2 quarters of booming profits with receivables ballooning and cash flow negative (yup despite a 17 million placement of shares and increase of debts). Wait another quarter? Should one take such a risk for confirmation?
4. Profits soared because of the EV sector. So said Genetec itself. In such a sector, why is the receivables ballooning for 2 quarters already? personally I cannot fathom why. It's a manufacturer? Unheard of a manufacturer to supply goods with such long credit days....
That's my thoughts... and if I have the stock, I would take the 'be safe rather than be sorry' approach anytime... not worth the risk waiting for another quarter of confirmation... but yeah, these are all my random thoughts... which I could be wrong of course.

now if I don't have the stock... I definitely will not touch it.