Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 STOCK MARKET DISCUSSION V150

views
     
icemanfx
post Jan 4 2021, 12:27 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(andrekua2 @ Jan 4 2021, 12:07 PM)
Condolences to all glove holders especially uncle KYY
*
Until losses is realized is only paper loss and many hope price will rebound.

believe tansri will soon use treasury shares or make announcement to shore up price.
wayton
post Jan 4 2021, 12:28 PM

Enthusiast
*****
Junior Member
897 posts

Joined: May 2019
RSS
Every short needs to cover back one, ie one sell with one buy.
So net effect is zero.

So to blame the down trend entirely on RSS is somehow exaggerated.


ben3003
post Jan 4 2021, 12:33 PM

10k Club
********
All Stars
10,859 posts

Joined: Jan 2003
From: Sarawak


i dont see rakuten has short selling option. bank brokers got?
gordonchin
post Jan 4 2021, 12:34 PM

Getting Started
**
Junior Member
110 posts

Joined: Nov 2007
Adding in this morning's buying, I have now bought in around 80k of harta.
Choppy waters ahead biggrin.gif
westernkl
post Jan 4 2021, 12:38 PM

On my way
****
Junior Member
552 posts

Joined: Aug 2010


QUOTE(zstan @ Jan 4 2021, 11:58 AM)
99% will lose money unfortunately
*
Why lose? That theory sounds miracle and workable.
SUSNew Klang
post Jan 4 2021, 12:38 PM

Look at all my stars!!
*******
Senior Member
4,998 posts

Joined: Dec 2010
Sharks dont care if you need to wear gloves for vaccination.

Their motive is to paralyse margin call punters ASAP.
SUSlowya
post Jan 4 2021, 12:51 PM

Look at all my stars!!
*******
Senior Member
4,821 posts

Joined: Mar 2009
QUOTE(wayton @ Jan 4 2021, 12:28 PM)
RSS
Every short needs to cover back one, ie one sell with one buy.
So net effect is zero.

So to blame the down trend entirely on RSS is somehow exaggerated.
*
IDSS only mean morning it's likely red and afternoon it's likely green.
zstan
post Jan 4 2021, 12:53 PM

10k Club
********
All Stars
15,856 posts

Joined: Nov 2007
From: Zion



QUOTE(westernkl @ Jan 4 2021, 12:38 PM)
Why lose? That theory sounds miracle and workable.
*
if it works everybody is a millionaire right now d lol. as you said, a miracle.
Boon3
post Jan 4 2021, 12:59 PM

10k Club
********
All Stars
15,942 posts

Joined: Jun 2008
QUOTE(Boon3 @ Jan 2 2021, 10:06 AM)
Update for week ending 31 Dec 2020

No new buybacks.

Total number of shares bought back from 9th Sep to 31st Dec = 176,377,000
Sum paid for these shares = RM1,270,692,753.99
Average price for these shares = 7.20498

Closing price for 31st Dec is 6.12
Based on 31st Dec closing price, market value of these shares is RM1,079,427,240.00

Current marked to market price losses = RM191,365,513.99
*
Top Glove is now 5.46.

These share buybacks is now worth RM307.7 million less than what the company paid for.

Tropicana investment into Top Glove is now sitting on a paper losses RM20.332 Million!

The boss, himself? He splashed 69.7million buying new Top Glove shares. He is now sitting on RM11.4million in losses.

So when MSWG said the boss is putting his money where his mouth is.... it doesn't mean the Boss is correct and it doesn't mean Mrs. Market will agree with the boss. Would one say that this is yet another case where one should not simply follow the boss. It's not a risk free idea to play shares simply following the boss.




p/s ... can someone just tell the boss to STOP playing the share market?

This post has been edited by Boon3: Jan 4 2021, 01:00 PM
statikinetic
post Jan 4 2021, 01:03 PM

BaneCat
*******
Senior Member
2,940 posts

Joined: Jan 2010
QUOTE(Boon3 @ Jan 4 2021, 12:59 PM)
Top Glove is now 5.46.

These share buybacks is now worth RM307.7 million less  than what the company paid for.

Tropicana investment into Top Glove is now sitting on a paper losses RM20.332 Million!

The boss, himself? He splashed 69.7million buying new Top Glove shares. He is now sitting on RM11.4million in losses.

So when MSWG said the boss is putting his money where his mouth is.... it doesn't mean the Boss is correct and it doesn't mean Mrs. Market will agree with the boss. Would one say that this is yet another case where one should not simply follow the boss. It's not a risk free idea to play shares simply following the boss.
p/s ... can someone just tell the boss to STOP playing the share market?
*
Bonfire in the carpark. Looks like TG case study parallels IBM.

The boss can always signup for a free lowyat account and exchange ideas with us here. biggrin.gif
icemanfx
post Jan 4 2021, 01:07 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(New Klang @ Jan 4 2021, 12:38 PM)
Sharks dont care if you need to wear gloves for vaccination.

Their motive is to paralyse margin call punters ASAP.
*
If sharks is referring to syndicate, most should have left the market except those too greedy or inexperienced.

This post has been edited by icemanfx: Jan 4 2021, 01:11 PM
icemanfx
post Jan 4 2021, 01:10 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Boon3 @ Jan 4 2021, 12:59 PM)
Top Glove is now 5.46.

These share buybacks is now worth RM307.7 million less  than what the company paid for.

Tropicana investment into Top Glove is now sitting on a paper losses RM20.332 Million!

The boss, himself? He splashed 69.7million buying new Top Glove shares. He is now sitting on RM11.4million in losses.

So when MSWG said the boss is putting his money where his mouth is.... it doesn't mean the Boss is correct and it doesn't mean Mrs. Market will agree with the boss. Would one say that this is yet another case where one should not simply follow the boss. It's not a risk free idea to play shares simply following the boss.
p/s ... can someone just tell the boss to STOP playing the share market?
*
plc controlling shareholders is in the market by default.

there is a difference between company and personal interest and they often in conflict e.g sbb.

couldn't blame him to support price above 6.0. we all know what happen after price dropped below 6.0 this morning.


This post has been edited by icemanfx: Jan 4 2021, 01:12 PM
HereToLearn
post Jan 4 2021, 01:13 PM

Look at all my stars!!
*******
Senior Member
2,282 posts

Joined: Sep 2019
QUOTE(Boon3 @ Jan 4 2021, 12:59 PM)
Top Glove is now 5.46.

These share buybacks is now worth RM307.7 million less  than what the company paid for.

Tropicana investment into Top Glove is now sitting on a paper losses RM20.332 Million!

The boss, himself? He splashed 69.7million buying new Top Glove shares. He is now sitting on RM11.4million in losses.

So when MSWG said the boss is putting his money where his mouth is.... it doesn't mean the Boss is correct and it doesn't mean Mrs. Market will agree with the boss. Would one say that this is yet another case where one should not simply follow the boss. It's not a risk free idea to play shares simply following the boss.
p/s ... can someone just tell the boss to STOP playing the share market?
*
Expecting it to erode to RM3ish before 2023

QUOTE(icemanfx @ Jan 4 2021, 01:07 PM)
If sharks is referring to syndicate, most should have left the market except those too greedy.
*
True, the smart money index already showed no buying interest

This post has been edited by HereToLearn: Jan 4 2021, 01:14 PM
crystalclearlah
post Jan 4 2021, 01:13 PM

Getting Started
**
Junior Member
252 posts

Joined: Aug 2018
QUOTE(westernkl @ Jan 4 2021, 12:38 PM)
Why lose? That theory sounds miracle and workable.
*
I think he means that majority don't know when to sell and buy back at the right time, they either sell at the end of the downtrend when the stock is going to rebound and then panic buy when they see it go up again.
icemanfx
post Jan 4 2021, 01:14 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(HereToLearn @ Jan 4 2021, 01:13 PM)
Expecting it to erode to RM2-3 before 2023
True, the smart money index already showed no buying interest
*
Novices have no idea of croc pond pecking order.

This post has been edited by icemanfx: Jan 4 2021, 01:16 PM
SUSNew Klang
post Jan 4 2021, 01:17 PM

Look at all my stars!!
*******
Senior Member
4,998 posts

Joined: Dec 2010
QUOTE(icemanfx @ Jan 4 2021, 01:07 PM)
If sharks is referring to syndicate, most should have left the market except those too greedy or inexperienced.
*
QUOTE(HereToLearn @ Jan 4 2021, 01:13 PM)
Expecting it to erode to RM3ish before 2023
True, the smart money index already showed no buying interest
*
QUOTE(icemanfx @ Jan 4 2021, 01:14 PM)
Novices have no idea of croc pond pecking order.
*
How Bursa works?
icemanfx
post Jan 4 2021, 01:20 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(New Klang @ Jan 4 2021, 01:17 PM)
How Bursa works?
*
After paid enough tuition fees and long lunch then will find out else could only see white noise and broken clock.

This post has been edited by icemanfx: Jan 4 2021, 01:22 PM
HereToLearn
post Jan 4 2021, 01:21 PM

Look at all my stars!!
*******
Senior Member
2,282 posts

Joined: Sep 2019
QUOTE(New Klang @ Jan 4 2021, 01:17 PM)
How Bursa works?
*
Ask sugar mummy icemanfx, I tak tau.

Be a cheapskate and only buy undervalued stocks, then you dont need to know how bursa works thumbsup.gif icon_rolleyes.gif
ry8128
post Jan 4 2021, 01:26 PM

♣Just a noob♣
*******
Senior Member
3,639 posts

Joined: Jul 2014


QUOTE(icemanfx @ Jan 4 2021, 01:20 PM)
After paid enough tuition fees and long lunch then will find out else could only see white noise and broken clock.
*
Oh, thought you gonna reply bursa is on random walk. laugh.gif

Anyway, thanks for the advice.
Boon3
post Jan 4 2021, 01:28 PM

10k Club
********
All Stars
15,942 posts

Joined: Jun 2008
QUOTE(statikinetic @ Jan 4 2021, 01:03 PM)
Bonfire in the carpark. Looks like TG case study parallels IBM.

The boss can always signup for a free lowyat account and exchange ideas with us here. biggrin.gif
*
The boss needs to invite ICE for bubbly session .......

3075 Pages « < 2124 2125 2126 2127 2128 > » Top
 

Change to:
| Lo-Fi Version
0.0420sec    0.26    6 queries    GZIP Disabled
Time is now: 7th December 2025 - 05:02 AM