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 STOCK MARKET DISCUSSION V150

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AVFAN
post Jan 11 2021, 10:29 AM

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QUOTE(jianwei90 @ Jan 11 2021, 10:14 AM)
apparently the net short position data is always 1 day late.. means the net short position as at 8th January (Is actually as at 7th January)...
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yes, it looks that way, e.g. the data dated 5 jan is actually for end of day 4 jan.

we shall see the data dated 11 jan for last fri 8 jan.

QUOTE(skty @ Jan 11 2021, 10:24 AM)
How are you all doing today? hahaha

Seems like many opinions formed this morning that has 360 degree changed from last Friday.  laugh.gif

Last Friday you should control your greed. Today is control your fear. haha
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hehe... u can see is fickled, who is not. laugh.gif

i think i saw profit taking and some rss on supermax this morning... might persists for the day or even week.
Boon3
post Jan 11 2021, 10:30 AM

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QUOTE(statikinetic @ Jan 11 2021, 10:24 AM)

Good point. Looks like gloves getting hit by a big coconut now.
I wonder how many tried to chase at the 9am hour when it was going up and are nursing a headache now.
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and now? If one just like at the minute charts, one would have understand that a consolidation was gonna happen.... point is ... why on earth do some want to waste their time focusing on shorts and warrants mumbo jumbo.

a trader will say..... it's all in the charts.
Look at the volume..
it already tells the story.
one does not need to be smartie pants to distinguish who is who in the volume.

laugh.gif



got to go.... back later


nauticat99
post Jan 11 2021, 10:31 AM

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QUOTE(Boon3 @ Jan 11 2021, 10:23 AM)
like I said... fundamentally there was a reason to buy on the 4th.
TA wise? On Friday.

That would have been the buy points.

And no I did not buy.

If I did... 2 coconuts will strike me on my head as I ty......
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Hah! Glad you remember me. Anyway I doubt the coconuts will strike you. You would have eaten the coconuts by now smile.gif
adam1190
post Jan 11 2021, 10:38 AM

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QUOTE(AVFAN @ Jan 11 2021, 10:29 AM)
yes, it looks that way, e.g. the data dated 5 jan is actually for end of day 4 jan.

we shall see the data dated 11 jan for last fri 8 jan.
hehe... u can see is fickled, who is not. laugh.gif

i think i saw profit taking and some rss on supermax this morning... might persists for the day or even week.
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nope, no rss on supermax at all today..
ChAOoz
post Jan 11 2021, 10:40 AM

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QUOTE(Boon3 @ Jan 11 2021, 10:26 AM)
You are a stock buy junkie! laugh.gif

I betcha you got at least 20 different stocks. tongue.gif
going for breakfast..................  brows.gif
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Yeahlo becoming greedy, maybe i will fall into the trap that our permabear always say will happen.

But my portfolio no where near 20 yet, still single digit tongue.gif
AVFAN
post Jan 11 2021, 10:42 AM

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QUOTE(jianwei90 @ Jan 11 2021, 10:38 AM)
nope, no rss on supermax at all today..
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from your live data?

any rss on TG?
ChAOoz
post Jan 11 2021, 10:45 AM

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QUOTE(zstan @ Jan 11 2021, 10:25 AM)
used to buy it then sold it off at RM1 during Apr-May last year now increased 200% cry.gif
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I believe their major customers are still home appliances maker.

The more you spend time in your house, the higher their business growth is.
adam1190
post Jan 11 2021, 10:45 AM

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QUOTE(AVFAN @ Jan 11 2021, 10:42 AM)
from your live data?

any rss on TG?
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user posted image
Randomization
post Jan 11 2021, 10:45 AM

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Minimal RSS on TG today so far.

22950
AVFAN
post Jan 11 2021, 10:47 AM

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QUOTE(jianwei90 @ Jan 11 2021, 10:45 AM)
user posted image
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ok, TQ.

still incr for the 3, nice. laugh.gif


QUOTE
With Regulated Short Selling (RSS) finally allowed effective 1st January, the first week of trading in 2021 saw the biggest short-selling volumes in the large rubber gloves stocks. All four largest glove makers ended at week’s highs, which must be bruising for profit-motivated short sellers. Statistics from Bursa Malaysia however, do not reveal the breakdown of hedgers, arbitrageurs and profit seekers amongst the short sellers. Long-only investors in TOPGLOV may be relieved to know that with TOPGLOV’s latest net short position of 2.34% (of issued shares), it leaves just 3-4 more days of shorting before hitting the newly imposed 4% ceiling cap assuming average daily volumes done last week. Fundamentally, all the big four glove stocks offer plenty of upside, hence our OP calls remain on TOPGLOV(TP: RM8.50), HARTA (TP: RM21.00), KOSSAN (TP: RM7.50) and SUPERMX (TP: RM9.05).
https://klse.i3investor.com/servlets/ptres/58277.jsp

skty
post Jan 11 2021, 10:48 AM

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QUOTE(AVFAN @ Jan 11 2021, 10:29 AM)
hehe... u can see is fickled, who is not. laugh.gif

i think i saw profit taking and some rss on supermax this morning... might persists for the day or even week.
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no RSS for spmx today.

been concern with the low RSS volume this year. biggrin.gif
AVFAN
post Jan 11 2021, 10:49 AM

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QUOTE(skty @ Jan 11 2021, 10:48 AM)
no RSS for spmx today.

been concern with the low RSS volume this year.  biggrin.gif
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probably due to new cap 4%.... hands get tied quickly.
icemanfx
post Jan 11 2021, 10:53 AM

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QUOTE(skty @ Jan 11 2021, 10:24 AM)
How are you all doing today? hahaha

Seems like many opinions formed this morning that has 360 degree changed from last Friday.  laugh.gif

Last Friday you should control your greed. Today is control your fear. haha
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Those bought on emotions, sentiment, feeling, etc detest different opinion.

This post has been edited by icemanfx: Jan 11 2021, 10:54 AM
qsrt1616
post Jan 11 2021, 10:54 AM

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Let’s gooooooo
skty
post Jan 11 2021, 10:57 AM

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just notice handsome dividend from TG received today in my bank acc

nice!
nauticat99
post Jan 11 2021, 10:59 AM

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Less RSS on Smax probably cause the 2nd Q coming up. May be suicidal to risk selling down, later scramble hard to cover positions. But these gloves all abang adik, interesting to see where all TG RSS will lead to..
icemanfx
post Jan 11 2021, 10:59 AM

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Activity of this forum is correlated to gloves price movements, implying many are vested in gloves share.

Lurker
post Jan 11 2021, 11:02 AM

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QUOTE(icemanfx @ Jan 11 2021, 10:59 AM)
Activity of this forum is correlated to gloves price movements, implying many are vested in gloves share.
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trapped? sweat.gif shocking.gif
squarepilot
post Jan 11 2021, 11:04 AM

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Frontken is set to break its resistance

This stock I think is quite resistant as it’s major subsidiary revenue is derived from Taiwan

Politically unstable in Malaysia will not (or minimal ) affect its financial earnings

Anyone had a FA study on this counter?
Vanguard 2015
post Jan 11 2021, 11:06 AM

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Good morning folks.

Sold all my glove stocks this morning at this estimated profit based on Ispeed.

Comfort around +3%
Harta +5.96%
Kossan +2.10%
Supermax +27.46%
Top Glove +17%.


I would have made a lot more profit if I sold at opening today. Around RM11K difference. But this is life. We just move on.

Good luck to all.

Back to eating popcorn for me until another buying opportunity arises. smile.gif

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