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 STOCK MARKET DISCUSSION V150

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ben3003
post Nov 10 2020, 09:44 AM

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QUOTE(HereToLearn @ Nov 10 2020, 09:41 AM)
U see last time russia vaccine drop how much? Now this US vaccine with known efficiency of 90%, it is safer to wait at least drop as much as Russia vaccine only go in.

For longer term, buy recovery plays.
- Unemployment rate is dropping too
- OPR no cut
- Phase 3 approved vaccine is near
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recovered already now sweat.gif sweat.gif even vaccine approve, also they still need gloves, and not everyone gets vaccinated, i believe covid is here to stay, vaccine or not. the vaccine become just like flu shot only.
ben3003
post Nov 10 2020, 09:49 AM

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QUOTE(annoymous1234 @ Nov 10 2020, 09:47 AM)
puma rebounding, didn't meet my TP to average down again.  bangwall.gif
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i lambat queue 8.5, no chance le now lol.
ben3003
post Nov 10 2020, 10:44 AM

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QUOTE(annoymous1234 @ Nov 10 2020, 10:39 AM)
genting trade vol 125,014,350.00. what the actual F!
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wan go genting kenot, go casa de bursa goreng la sweat.gif
ben3003
post Nov 10 2020, 10:57 AM

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QUOTE(silverwave @ Nov 10 2020, 10:55 AM)
carlsberg is up 11.8%, anything special today?
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Cos got good news on vaccine le, tonite ppl will celebrate then when celebrate will open party and drink until drop. Keep celebrate then later celebrate also the covid19 eradicated.

Thats what ppl think la..
ben3003
post Nov 10 2020, 10:59 AM

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Queueing spmx at 8.8, hopefully can in.
ben3003
post Nov 10 2020, 12:33 PM

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matched tg and supermax while i went downstairs to take something. ok i am on the boat ride now lol
ben3003
post Nov 10 2020, 12:36 PM

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QUOTE(immobile @ Nov 10 2020, 12:35 PM)
hahaha sometimes this happens to me tooo! went down to get something or throw rubbish/boil water...then come up checked and matched haaha  bruce.gif  bruce.gif
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i did lowered my entry price to 8.8 from 8.9 for spmx, din know it it that fast lol.
ben3003
post Nov 10 2020, 03:33 PM

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QUOTE(immobile @ Nov 10 2020, 03:33 PM)
i think max limit down -15% right?  bangwall.gif
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25% for KLCI constituent right
ben3003
post Nov 11 2020, 08:36 AM

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If the glove manufacturing line stop, u think what will happen? Then will have shortage, then shortage leads go higher price, so i dont think it will drop.

But market think otherwise tho. Imagine topglove close down for 1 week 😂
ben3003
post Nov 11 2020, 10:02 AM

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QUOTE(AVFAN @ Nov 11 2020, 09:52 AM)
in fact, if a slew of vaccines come, it becomes a major "project" where lots more PPE will be used!

underlying that, the awareness for using PPE has permanently been raised - richer or poorer countries will use more.

most IB analysts and all glove, mask and hospital garb makers have come to that conclusion.
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yup, if see glove per capita will increase due to better awareness, it will be very significant increase. US is 150 per capita, china is just 6! if china wanna improve their healthcare, they up become 10 la, don wan alot, imagine how much increase already..
ben3003
post Nov 11 2020, 10:21 AM

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QUOTE(wayton @ Nov 11 2020, 10:18 AM)
Glove demand indeed will grow, this is no doubt, but supply also will grow as well.

Realistically, we cannot project glove profit margin to stay at 40%, 50% even the glove capital increase due to awareness.

Also cost of nitrile may escalate if economy recover that lead to oil price recovery.

Glove hit the sweet spot of spike in demand in glove due to pandemic and cost remain the same due to poor oil demand as nitrile is one type of petrochemical product that price can be affected by crude oil price level.
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u are right also. supply will up but i hope malaysia can remain competitive. I think hartalega have some advantages with their automated line. Topglove might be affected because they still labor intensive, altho cheaper.
ben3003
post Nov 11 2020, 04:38 PM

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QUOTE(skty @ Nov 11 2020, 04:30 PM)
I will be going back big into JF. Patiently waiting to pull the trigger only.

For others, expect roller coaster as anti-trust case going to the peak.
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Bro u sold all ur jf already? I saw last time reach quite high then u say u sold left 40%.. wat is ur TP ya.. looking to enter tech stock also..
ben3003
post Nov 11 2020, 07:29 PM

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QUOTE(skty @ Nov 11 2020, 05:09 PM)
sold off all as my plan to clear all stock before 3 Nov.

market sentiment turned south before I managed to sell and I didn't manage to clear my remaining at the peak 5.10. I sold the remaining around 4.5~4.90 range.

cannot say my TP la, don't want competition.  laugh.gif

let the price come to me then I will pull my trigger.
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Hahah sharing is caring ma.. no competition, i am even smaller than ikan bilis..
ben3003
post Nov 12 2020, 11:19 AM

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QUOTE(Vanguard 2015 @ Nov 12 2020, 11:08 AM)
I just came out from a meeting. Now only got time to log into Rakuten and into this thread.

Wah, so many forumers here goreng AT including myself.  biggrin.gif

Be careful yo, don't be the last one holding the baby. Just know what you are buying and have an exit plan.  AT is just a pure goreng stock. Beware of confirmation bias if you are an AT shareholder. thumbsup.gif

Moving on, I hope some forumers here managed to pick up KGB which I highlighted the other day. Now it is up another +6.80%. Yesterday it was up +8.09%.  thumbup.gif

I have no stocks to buy today. Cannot trade everyday. Bad for health. Once in a while, must chill, eat pop corn and drink beer. But wait. I sold off Carlsberg already. And it is still going up! Now up +4.80%.    cry.gif
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did not pick up KGB because all warchest stuck in TG and SPMX lol.. but i did bought HEVEA abit smile.gif
ben3003
post Nov 12 2020, 11:27 AM

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QUOTE(Vanguard 2015 @ Nov 12 2020, 11:21 AM)
Ah...that's good. That means you made money in HEVEA. Now it is still up +2.7%.

Hold it first. Please check when is the next QR.
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alright bro, thanks for the tips. sikit sikit cukup makan ikan bilis la.. i picked HEVEA, JAYCORP and HOMERITZ, but went in heveaboard because they are like the raw material manufacturer, furniture manufacturer definitely need it. u know roughly when QR? KGB still can masuk ka? wanna accumulate some tech stock la.. but all those price so high.. JFtech link huawei also no drop even the china sentiment on tech not good.
ben3003
post Nov 12 2020, 12:42 PM

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QUOTE(Vanguard 2015 @ Nov 12 2020, 11:35 AM)
I only share info. The final research and decision whether to buy or sell rest with the forumers.  smile.gif

The stock with the biggest margin of safety (MOS) should be Jaycorp.

I think the next QR for Hevea is around 23rd November. If they still cannot make a profit then, the stock may tumble.

KGB seems a bit high now. No MOS. But then Mr. Market is irrational. The demand and volume among the retailers is still very strong.
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yup, sharing is good enough bro notworthy.gif notworthy.gif Still got sometime until 23rd. i think just hold until QR.. unless really hit my TP.. seems bullish to me for now.
ben3003
post Nov 12 2020, 04:04 PM

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AT goreng range, now can in? smile.gif if bintai is 0.6 to 0.68, AT is wat range lol

This post has been edited by ben3003: Nov 12 2020, 04:04 PM
ben3003
post Nov 13 2020, 10:46 AM

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glove pancut awal.. now keep drop already..
ben3003
post Nov 13 2020, 10:52 AM

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QUOTE(icemanfx @ Nov 13 2020, 10:50 AM)
Share buy back could be a early indicator of forward price.
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can u explain little bit more on this? sorry i am new
ben3003
post Nov 13 2020, 11:24 AM

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QUOTE(AVFAN @ Nov 13 2020, 11:02 AM)
of all people, u ask that one?

u r giving approval for more nonsense coming out from a 24hr standby troll. biggrin.gif
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sorry, im new, i am seriously asking what could that imply lol.

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