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 STOCK MARKET DISCUSSION V150

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Cubalagi
post Mar 15 2022, 01:10 PM

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QUOTE(ChAOoz @ Mar 14 2022, 09:44 PM)
This looked so bad. Hence the share price.

I also dont know what will happen man, china is a way riskier bet than i have imagine. I started with 30% loss estimation then 50% now total loss assumption. Pretty sad but still i would like to see alibaba try for international business before i disposed.

Also i bought tencent for its metaverse capability, so if that one fail and they did not become big in metaverse i would also sell out.
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In a brutal bear market (which China is in now), good news are ignored and bad news are overeacted upon.

Tencent now has lower PE than Public Bank..logic ka? 😂

This post has been edited by Cubalagi: Mar 15 2022, 01:10 PM
Cubalagi
post Mar 15 2022, 02:20 PM

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QUOTE(Boon3 @ Mar 15 2022, 01:26 PM)
And why did Sepuloh Sen drop so much?
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Latest is report of a big money laundering fine.
Cubalagi
post Mar 15 2022, 02:20 PM

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QUOTE(Boon3 @ Mar 15 2022, 02:16 PM)
Aiyooo.....  sad.gif

A little risk? But your line in the sand... that was supposed to be around 160....  sweat.gif  sweat.gif
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So brave...buy which one?

Cubalagi
post Mar 15 2022, 03:26 PM

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QUOTE(Boon3 @ Mar 15 2022, 02:24 PM)
Ahhh... and there is over reaction of this news?
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10% share drop for a report of a possible big fine.
Cubalagi
post Mar 15 2022, 03:27 PM

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QUOTE(Boon3 @ Mar 15 2022, 02:25 PM)
Me? I am only brave enough not to buy anything.
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When last time u buy eh? What year? 😆
Cubalagi
post Mar 15 2022, 05:18 PM

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QUOTE(Boon3 @ Mar 15 2022, 03:49 PM)
But a company of that stature? Money laundering????

Really?

Can and should money laundering be quantified in terms of percentage?

hmm.gif
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It's Wechat payment platform...easy to be use for money laundering.

Same problem will be faced with platform like Grabpay, TnG.

Cubalagi
post Mar 24 2022, 01:08 PM

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QUOTE(ray123 @ Mar 24 2022, 12:23 PM)
An elderly friend asked me to translate into Chinese or BM for him, I am not familiar with stocks to do so.

Can anyone explain Capped Price in the screenshot? I have some vague idea but not too sure how to explain to him. Does it mean "the bank (MBB in this case) will buy the share at this Capped Price, even if the Last Done Price is higher"? He can only sell to the bank?

user posted image
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This price cap is for collateral calculation purpose by the broker for purpose of trading limit eg margin trading.

Nothing to do with actual buy n selling price of that stock.

Cubalagi
post Apr 5 2022, 08:00 PM

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QUOTE(jiant @ Apr 5 2022, 12:45 PM)
Need help ,,Any body can explain for me why the market price some time is same as Best Buy some time best sell? Confuse..
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Because market price is last done price.

Sometimes, ppl sell to best buy. Last done will be at best buy price.

Sometimes ppl buy at best sell. Last done will be at best sell price.
Cubalagi
post Apr 19 2022, 10:18 AM

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QUOTE(rEvivEd- @ Apr 19 2022, 08:58 AM)
Hi I’m looking to invest through IBKR for ETFs.

I plan to put 10k into ETF solely.
Do I all in to CSPX? 50/50 it with CSPX + VWRA?

Or is there another combination.

And if I were to DCA after the initial 10k, what’s a good amount monthly?

New to investing please guide / advise.
TIA
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Not my style of investing.

But you can probably get some discussion at this thread:

https://forum.lowyat.net/topic/5240482

Cubalagi
post Apr 23 2022, 08:53 PM

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QUOTE(statikinetic @ Apr 23 2022, 08:23 PM)
SC lodges police report against Serba Dinamik

A source close to the SC, however, said that the regulator views the 26-page filing “as an attempt to intimidate” and prevent the commission from carrying out its duties.

On Thursday, Serba Dinamik questioned the SC’s motive of pressing charges against a select few (two directors and two executives), but not the entire board of the company, in what is alleged to be false revenue of RM6.01 billion for the financial year ended Dec 31, 2020 (FY20).

“This is for the SC to explain,” Serba Dinamik said.

The oil and gas outfit, which was at one time the darling of investors, also challenged the SC to provide documentation exhibiting how RM6.01 billion in revenue was entered into the company's ledgers, how such entries were false statements, and questioned how the FY20 revenue figure alone, in the announcement of the company's fourth-quarter results, could have been tampered with, noting that it was the cumulative revenue figure for the four quarters of the year.

“It is therefore surprising that the SC does not allege that the revenue figures for the first, second and third quarters were false,” said Serba Dinamik.

Serba Dinamik also claimed that the SC had threatened its staff, offering to drop charges against them if they become witnesses against the company and its management.

Also in question is why investigations are still being carried out even after the charges have been made.

https://www.theedgemarkets.com/article/sc-l...t-serba-dinamik
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Wah..mmg champion this company

Slava Serba Dinamik! 😂

This post has been edited by Cubalagi: Apr 23 2022, 08:56 PM
Cubalagi
post Apr 23 2022, 08:59 PM

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QUOTE(ChAOoz @ Apr 23 2022, 10:05 AM)
Have not put any fresh funds for more than a year into bursa. But hey atleast im not selling my existing position.

So far i still cling on hope malaysia can reverse its course, but not foolish enough to bet long term on it for time being.
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Ooo..so u run from Bursa into China stocks... 😉

This post has been edited by Cubalagi: Apr 23 2022, 08:59 PM
Cubalagi
post Apr 23 2022, 11:34 PM

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QUOTE(Boon3 @ Apr 23 2022, 10:14 PM)
Saturday night entertainment... laugh.gif

I support SC actions!!

I wonder again about the minority shareholders... none of them seeking advice from their lawyers?
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Since company is PN17, they should consider legal action against those institutions with deeper pockets who are part of this drama?

This post has been edited by Cubalagi: Apr 23 2022, 11:34 PM
Cubalagi
post Apr 24 2022, 09:37 AM

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QUOTE(Boon3 @ Apr 24 2022, 08:04 AM)
Huh.

Care to explain. Cannot comprehend what you said...
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No point to sue bankrupt company

If want to sue, better sue people with deep pockets..like international firms or cash rich monopoly business.. 😜
Cubalagi
post Apr 24 2022, 02:55 PM

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QUOTE(Boon3 @ Apr 24 2022, 02:41 PM)
Wow..a police report on Saturday AND a media statement on Sunday!!

So hard working this SC! I'm very impressed.


Cubalagi
post Apr 28 2022, 01:58 PM

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https://www.theedgemarkets.com/article/sc-e...eyear-extension

Jeng... jeng ..jeng


Cubalagi
post Apr 28 2022, 03:49 PM

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QUOTE(Boon3 @ Apr 28 2022, 02:09 PM)
Oh you posted too...............

anything intelligent to say? biggrin.gif
p/s what the f*** is  jeng 3x???  doh.gif
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Just the background music for climax scene of a B grade movie..


Cubalagi
post Apr 28 2022, 03:52 PM

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QUOTE(Boon3 @ Apr 28 2022, 03:45 PM)
very fast replaced too...............................

https://www.theedgemarkets.com/article/sc-a...ffective-june-1
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Old fella replace old fella..
Cubalagi
post Apr 28 2022, 04:11 PM

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QUOTE(Boon3 @ Apr 28 2022, 03:57 PM)
So happy you need to have a background music ah?
console.gif
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It has been quite an entertaining movie.. 😂

But now life goes on..

This post has been edited by Cubalagi: Apr 28 2022, 04:12 PM
Cubalagi
post Apr 28 2022, 05:37 PM

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QUOTE(Boon3 @ Apr 28 2022, 04:13 PM)
How about the FFU?

no need release ah?
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Serba said they release already...it's in the 26 page story book, but they include rebuttal as well...

Cubalagi
post Apr 28 2022, 06:53 PM

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QUOTE(Boon3 @ Apr 28 2022, 06:43 PM)
It was supposed to release the ffu prepared by EY.

Did you read that 26 page of..........???  I have no idea what to call that.
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I only skimmed...I called it story book.. 😂

QUOTE(djhenry91 @ Apr 28 2022, 06:25 PM)
Sc say tht want is baseless
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Not up to SC.The order for Serba to publish the FFU came from Bursa and the Court confirmed that order. So now, Serba says it has published the FFU, in the announcement. So Bursa accept or not?

Come to think of it, Bursa has been rather quiet of late in this case. Maybe Bursa sense the change wind n so is lying low? 🤔

This post has been edited by Cubalagi: Apr 28 2022, 06:55 PM

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