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 STOCK MARKET DISCUSSION V150

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SUSlowya
post Dec 31 2020, 01:12 PM

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QUOTE(icemanfx @ Dec 31 2020, 12:44 PM)
Supermax price drop is so illogical - Koon Yew Yin
https://forum.lowyat.net/topic/5079789
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market is emotional, it doesn't follow logic. just have to follow own trade management logics.
skty
post Dec 31 2020, 01:14 PM

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QUOTE(theberry @ Dec 31 2020, 10:25 AM)
I see what u did there icon_idea.gif
I feel having the same thought wif u. brows.gif
Maybe can keep for future reference.. hehe
*
what did you see? hmm.gif biggrin.gif

QUOTE(ry8128 @ Dec 31 2020, 10:37 AM)
Finally unleashed first portion of my reserved war chest to queue on spmax. Hopefully can meet.
*
so early? big boys just started collecting yesterday.

QUOTE(nauticat99 @ Dec 31 2020, 01:03 PM)
Well now mswg churn out some positive articles on TG. Time to buy? 
https://focusmalaysia.my/mainstream/mswg-to...walks-the-talk/
*
last time my friend get a Rolex after publishing an article for a company.

so you know what to do with news. biggrin.gif

QUOTE(Vanguard 2015 @ Dec 31 2020, 01:08 PM)
Wishing everyone here a Happy and Healthy New Year.  smile.gif

Stay safe everyone. Health trumps over wealth.

P/S: Investment or stock trading is a marathon and not a 100 metre sprint.
*
Happy new year Unker!

Pls forgive me to address you as Unker as well as that make me feel young. tongue.gif

QUOTE(lowya @ Dec 31 2020, 01:12 PM)
market is emotional, it doesn't follow logic. just have to follow own trade management logics.
*
thumbsup.gif

This post has been edited by skty: Dec 31 2020, 01:19 PM
Boon3
post Dec 31 2020, 01:17 PM

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QUOTE(andrekua2 @ Dec 31 2020, 12:33 PM)
Side question...

How old are you anyway?
*
Old enough to drink bubbly... cool2.gif
SUSNew Klang
post Dec 31 2020, 01:19 PM

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QUOTE(Boon3 @ Dec 31 2020, 12:11 PM)
Ah Ngau walks into the casino.

Biggest noise came from the Sic Bo table. That table had gone ...

BBBBBBBBBBBBBBBBB SSSSS BBBBB SSSS (B for Big, S for Small)

As most HAD won big when the table went on the BIG streak early on. The game then went ....

BBBB SSS BBB SSS BB SSS B SSSS

still the betters favored betting BIG, despite the change in trend showing that results were coming out SMALL .... cause all in their minds ... was that  BIG winning streak earlier ....

Ah Ngau? He just walked away ... He remembers .... in the casino there are many different games offered and that he has no obligation to bet on the most popular game ......
think about it....
*
Using bull as character is misleading to some punters.

I am already captivated by the shouts of BBBSSS with a cup of coffee.


solstice818
post Dec 31 2020, 01:21 PM

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QUOTE(Vanguard 2015 @ Dec 31 2020, 01:08 PM)
Wishing everyone here a Happy and Healthy New Year.  smile.gif

Stay safe everyone. Health trumps over wealth.

P/S: Investment or stock trading is a marathon and not a 100 metre sprint.
*
Happy new year and stay safe to you too !
zstan
post Dec 31 2020, 01:29 PM

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QUOTE(icemanfx @ Dec 31 2020, 12:44 PM)
Supermax price drop is so illogical - Koon Yew Yin
https://forum.lowyat.net/topic/5079789
*
Ahahhahaha topkek
pinksapphire
post Dec 31 2020, 01:29 PM

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QUOTE(lowya @ Dec 31 2020, 11:57 AM)
bluechips no room growth and overpriced, only institutions wants to use it their portfolio to collect div or impress clients with brands.
*
I think in that line too, not sure if there's actual big growth given long term horizon since they seem quite peaked already (just my impression).
QUOTE(BboyDora @ Dec 31 2020, 11:59 AM)
lot of long terms investor here.

not everyone likes goreng stocks. different appetite
*
Yeah, that's why wanted to ask those who also believes in long term investment, as I see there are many sound investors here with varying portfolios, can learn from their perspectives.

QUOTE(statikinetic @ Dec 31 2020, 12:01 PM)
What's your strategy? Dividend investing?
I don't think there are any companies we can disregard the price movement in such a timescale.

From the way you are approaching it, perhaps an index based ETF might be more suitable?
*
My strategy for stocks, if it's qualified as one, lol, is to diversify on both short term and long term stocks. Maybe 50-50 allocation.
Now that I've experienced and burnt by volatile glove stocks, I do wanna put more into long term stocks for growth, however little, and just kuai kuai take dividends.

And you're right, I am also investing on ETFs, just to again, diversity my portfolio. And if picked right, the funds seem to reap quite positive returns.

QUOTE(lowya @ Dec 31 2020, 12:06 PM)
however u could check out MFCB, if u consider it as bluechip, which has good growth still and price still attractive.
*
Thanks, I'll take a look.

It's encouraging to see many responses to this. Please don't stop smile.gif

Boon3
post Dec 31 2020, 01:41 PM

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I have been aware of what that old fart wrote.... unfortunately.

Yes, a lot of times, I get forwarded stuff .... yeah..yeah... ya...

Now what interesting is this.

Do take note ...

Firstly, Kenanga CUT/LOWERED Top Glove target price from 10.68 to 8.50 on the 28th Dec. (see attachment below)

The edge, as normal, picks up what Kenanga wrote. Quite a big thing cos Kenanga is cutting a huge chunk from the Target Price...

https://www.theedgemarkets.com/article/kena...50-esg-concerns

The Star picks up what the Edge wrote... but the substantially lowered Target Price was turned into a footnote.. the third last sentence of the article. LOL!

https://www.klsescreener.com/v2/news/view/7...-next-two-years
https://www.thestar.com.my/business/busines...-next-two-years

I used the klsescreener link cause it displays the same article in full. Thestar one... rolleyes.gif rolleyes.gif

2 articles commenting on that said Kenanga research report but somehow, the Star article made it look so positive!

Now pay attention to the old fart article...

https://koonyewyin.com/2020/12/29/glove-sto...s-so-illogical/

Which basically copies the article from that positive sounding article from the Star. BUT he cut it short. Totally omitting the following section of the article.

QUOTE
Kenanga Research also highlighted that there had been environmental, social and governance (ESG) issues concerning Top Glove lately.

“Top Glove has been in the spotlight due to its workers’ housing conditions and high Covid-19 infections that led to the implementation of an enhanced movement control order.

“On Nov 23, the government announced that 28 of Top Glove’s factories in Klang will temporarily cease operations in stages to allow the factory workers to undergo screenings and mandatory quarantine in an effort to contain the spread of the virus among the employees.

“Despite earnings on a strong growth track in 2021, concerns over ESG issues could potentially de-rate the stock.”

As such, the research house is cutting its target price from RM10.68 to RM8.50, based on the stock’s revised 9.1-times unchanged 2021 earnings per share.

Kenanga Research is also attaching a 20% discount to its target price-to-earnings ratio to take into account ongoing concerns over ESG-related issues, particularly those related to its foreign workers.

“Moreover, re-emergence of Covid-19 cases in the future could cause temporary disruption in production.”


One can obviously see why he left out that section. That section contains the damming part where Kenanga cuts Top Glove's target price from 10.68 to 8.50.

Shocking but true.... this is what he does!!!






Attached File  Earnings_on_Track_but_ESG_a_Concern.pdf ( 207.27k ) Number of downloads: 7


This post has been edited by Boon3: Dec 31 2020, 01:46 PM
ry8128
post Dec 31 2020, 01:43 PM

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QUOTE(skty @ Dec 31 2020, 01:14 PM)
what did you see?  hmm.gif  biggrin.gif
so early? big boys just started collecting yesterday.
last time my friend get a Rolex after publishing an article for a company.

so you know what to do with news.  biggrin.gif
Happy new year Unker!

Pls forgive me to address you as Unker as well as that make me feel young.  tongue.gif
thumbsup.gif
*
First portion only. I waited so long for it to break 6 already laugh.gif
staticxtreme
post Dec 31 2020, 01:49 PM

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uncle kyy continue collecting his dividends from klse
Vanguard 2015
post Dec 31 2020, 01:54 PM

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QUOTE(skty @ Dec 31 2020, 01:14 PM)
what did you see?  hmm.gif  biggrin.gif
so early? big boys just started collecting yesterday.
last time my friend get a Rolex after publishing an article for a company.

so you know what to do with news.  biggrin.gif
Happy new year Unker!

Pls forgive me to address you as Unker as well as that make me feel young.  tongue.gif
thumbsup.gif
*
No worries. I have been called worst names in my lifetime. biggrin.gif

QUOTE(solstice818 @ Dec 31 2020, 01:21 PM)
Happy new year and stay safe to you too !
*
thumbsup.gif
bakayaro11 P
post Dec 31 2020, 02:04 PM

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As a newbie investor, are solar energy stocks good long term investment?
zell80 P
post Dec 31 2020, 02:07 PM

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QUOTE(icemanfx @ Dec 31 2020, 01:09 PM)
Writer could be either vested or paid to write. win or loss is your money, is entirely your call.
*
This is truth... And could be apply to anyone here too... tongue.gif
might explain why same statement/chart repeating posted N times. hmm.gif

skty
post Dec 31 2020, 02:07 PM

There is only one thing I know. That is I know nothing.
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QUOTE(ry8128 @ Dec 31 2020, 01:43 PM)
First portion only. I waited so long for it to break 6 already  laugh.gif
*
haha no worries. I teasing you only. tongue.gif

I on hold my queue of 6.25 at spmx two days ago as I am uncertain and little confuse of their sudden changes of gameplan as it suddenly diverged from TG.

Until today I got time to check through. Now their gameplan is clearer. Plus the warrants that have problems have expired.

all the best. thumbsup.gif
icemanfx
post Dec 31 2020, 02:13 PM

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QUOTE(bakayaro11 @ Dec 31 2020, 02:04 PM)
As a newbie investor, are solar energy stocks good long term investment?
*
Solar power producer, panel manufacturers, contractor, funder, etc?
Bendan[520]
post Dec 31 2020, 02:24 PM

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QUOTE(bakayaro11 @ Dec 31 2020, 02:04 PM)
As a newbie investor, are solar energy stocks good long term investment?
*
SLVEST
Duckies
post Dec 31 2020, 02:26 PM

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QUOTE(Boon3 @ Dec 31 2020, 01:41 PM)
I have been aware of what that old fart wrote.... unfortunately.

Yes, a lot of times, I get forwarded stuff .... yeah..yeah... ya...

Now what interesting is this.

Do take note ...

Firstly, Kenanga CUT/LOWERED Top Glove target price from 10.68 to 8.50 on the 28th Dec. (see attachment below)

The edge, as normal, picks up what Kenanga wrote. Quite a big thing cos Kenanga is cutting a huge chunk from the Target Price...

https://www.theedgemarkets.com/article/kena...50-esg-concerns

The Star picks up what the Edge wrote... but the substantially lowered Target Price was turned into a footnote.. the third last sentence of the article. LOL!

https://www.klsescreener.com/v2/news/view/7...-next-two-years
https://www.thestar.com.my/business/busines...-next-two-years

I used the klsescreener link cause it displays the same article in full. Thestar one...  rolleyes.gif  rolleyes.gif

2 articles commenting on that said Kenanga research report but somehow, the Star article made it look so positive!

Now pay attention to the old fart article...

https://koonyewyin.com/2020/12/29/glove-sto...s-so-illogical/

Which basically copies the article from that positive sounding article from the Star. BUT he cut it short. Totally omitting the following section of the article.
One can obviously see why he left out that section. That section contains the damming part where Kenanga cuts Top Glove's target price from 10.68 to 8.50.

Shocking but true.... this is what he does!!!



Attached File  Earnings_on_Track_but_ESG_a_Concern.pdf ( 207.27k ) Number of downloads: 7

*
As usual KYY is a sly old tricky bad fox. Believe only 10% things he said.

HereToLearn
post Dec 31 2020, 02:30 PM

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QUOTE(bakayaro11 @ Dec 31 2020, 02:04 PM)
As a newbie investor, are solar energy stocks good long term investment?
*
Dont blindly follow others to buy, look into their projected growth, is the projected growth worth the current valuation for solar stocks? If yes, buy.

If no, just choose other sectors.
bakayaro11 P
post Dec 31 2020, 02:34 PM

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QUOTE(icemanfx @ Dec 31 2020, 02:13 PM)
Solar power producer, panel manufacturers, contractor, funder, etc?
*
Erm, Actually I don't have a lot of knowledge in the industry and its players. 😅 How come the PE of Cypark is so different from Solarvest and Samaiden.
HereToLearn
post Dec 31 2020, 02:35 PM

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QUOTE(bakayaro11 @ Dec 31 2020, 02:34 PM)
Erm, Actually I don't have a lot of knowledge in the industry and its players. 😅 How come the PE of Cypark is so different from Solarvest and Samaiden.
*
Balance sheet, cypark debt damn lot.

Maybe growth wise is different too

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