But the question is...will this be 1 or 2 days thing or will it continue?

so basically need to see the net SS today then we'll know whats the status...

IF the rumours around short sellers covering shorts is true, its short term show.

But the real fundamental trigger is MCO

hardly any bank shorts as of yesterday.

today, banks didn't fall much, no?

maybe haven't start...?
i dun think so.

the one to watch is TG - this one will drive the pack.

given still so much RSS shorts outstanding, CBP lifting almost there and spmx about to report explosive earnings, should run up for a while.

i hope!

TG 6.50!

will there be MCO? i dont really think is MCO.. at most CMCO whole nation? or MCO selangor and KL and Johor

now everyone enjoying the glove euphoria! don't spoil it! supermx gogogo!

Master sifu must be have a lot of reserved bullets to average down.
Senpai.

Net SS is gonna plummet. I am calling it. This is how evil banks are. They use the inexperienced short sellers for their OWN personal gains.

This post has been edited by lauwenhan: Jan 8 2021, 04:29 PM

There is a high possibility that there will be MCO on selected stats only. It's not gonna be whole nation. Malaysia will go bankrupt if they do MCO for whole country again.

do u have the numbers as of now?

I really dunno .......plus I haven't read their QR reports for a some time already ... maybe since 2018?

132mil shares done today for TG...... probably 7788 those RSS ppl buying back already...

No, because AFAIK short selling in Malaysia is crap af. You have to call your broker to open short position. You will see it in your trading platform at the end of the trading day

is short selling available for retailers now? i thought IDSS still banned.

Malaysia techs are so expensive already, the only cheaper options are industrial products, banks and gloves.

With MCO re-implementation, economy recovery will be delayed. Banks' fundamentals are indirectly affected (banks are always linked to economy). Although banks are still cheaper than gloves (Forward PE and PB wise), but sentiment shift now favors gloves. Fund flowing back from banks to gloves.

Recovery stocks will drop due to fundamentals deterioration (from MCO) and sentiment shift. Unless tonight potong stim. no MCO. But unlikely la, no hospital beds already.


Also when Tesla bursts, wont be a surprise if
1. The whole index crashes again
2. Index not affected, but some really really expensive malaysia techs funds shifting back to banks, gloves, and industrial products.

This post has been edited by HereToLearn: Jan 8 2021, 04:36 PM

AFAIK in the project life of an FPSO, cashflow in the early years are all ringed fence to cater for early repayment.
The cash will really come in at the 2nd half of the project tenure.
I guess profits could still be booked in the early years? i aint no accountant.

On another note, how is our super fund manager TTB doing? i wonder? haha! ICAP at arround Rm2!!!!!!

This post has been edited by prophetjul: Jan 8 2021, 04:34 PM

I was wondering the same. But, seeing gloves rise & recoveries dropping, seems like Mr Market suddenly realises that Covid 19 has not disappeared & glove ASPs hasn't dropped drastically yet. I'm elated that gloves have started the rebound, but it also means recovery stocks run have stopped temporarily.

if really no choice then MOH will suggest those with mild symptoms to just quarantine at home, like UK & USA liao and sendiri jaga sendiri. only foreign workers send to isolation centres. that's the most economical option at the moment.

Downchart is not supported (just kidding)
He jz doing his job... so dun give him tough time...