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 STOCK MARKET DISCUSSION V150

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silverwave
post Nov 30 2020, 03:38 PM

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QUOTE(AVFAN @ Nov 30 2020, 03:36 PM)
last TG qr was on sep 17.... so, next one should be in mid dec - 2.5 weeks more...?
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oops might have seen the wrong date then, hopefully all the negative issues for TG will reduce by then.
silverwave
post Dec 2 2020, 01:56 PM

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QUOTE(immobile @ Dec 2 2020, 01:50 PM)
user posted image

damm the amount of red inside GETs....super solid...crazyyyy
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Not sure if correct, google said red is buyers, green is seller. So if more red than green, buyers in control?

Yellow is no change?
silverwave
post Dec 2 2020, 02:16 PM

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QUOTE(HereToLearn @ Dec 2 2020, 02:02 PM)
Something like that.

Simplistically, when the red bar in hot counters is gone, it is time to leave.
When the red just emerged and it is growing, time to get in (make sure to verify with fundamentals so you dont join any goreng counters).
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Cool, something new that i've learned today, thanks.
silverwave
post Dec 2 2020, 08:19 PM

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BAT has been rising, what's your thought about it?

This post has been edited by silverwave: Dec 2 2020, 08:23 PM
silverwave
post Dec 3 2020, 11:33 AM

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QUOTE(brokenbomb @ Dec 3 2020, 11:22 AM)
Yeah, I’m done keeping up with the news. Now just chart pattern and moving average. Haha. Last time careplus the director SBB@RM5 ish. So i lurked into i3, jumpa support group and consoled each other “yes! Director have faith in this company! When the share price is down still buyback! I believe in this company! Ok since im up by 200% no reason for me to sell!”

Then slowly the price drop from 5.4>4.6>3.8>3.2 (Exit price)

profit drop from 200%++ to like 50%.

Yes a profit still a profit. But consider lucky.

Some bought at RM5.4, wonder where they are now.

Expensive lesson for me. Now just chilling with UWC and Inari. No more heart attack no more noise.
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I did something similar too but at this point of time where the market is very volatile/ manipulated, best to take the profits when it meets your target.
silverwave
post Dec 3 2020, 03:16 PM

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JCY, is there a potential to go higher?

LIIHEN, is it in red due to the dropping USD rate?

This post has been edited by silverwave: Dec 3 2020, 03:19 PM
silverwave
post Dec 3 2020, 08:23 PM

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QUOTE(AVFAN @ Dec 3 2020, 07:32 PM)
let's see if mr market will react tmr...
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Would Supermx go wild with this news tomorrow? biggrin.gif
silverwave
post Dec 3 2020, 09:06 PM

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QUOTE(prody @ Dec 3 2020, 08:29 PM)
Price had dropped since revenue and dividends had dropped due to illegal cigarettes taking over too much market share.
The government has announced measures to counter this in the latest budget.
I have a personal target for this stock of RM 16 by next year. At that stage I will check if there are any other stocks which are better.

It's strong and stable, because even though there is an ongoing pandemic, it is still able to pay out consistent dividends every quarter, unlike a lot of other dividend paying stocks (for example bank and beer stocks).
If you have any other stocks which did this at or around the same dividend yield, please let me know.
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I agree, on the dividend part, they consistently pay decent amount compared to other counters which are making way more profits.

As for the price, only time can tell whether it will go up based on the proposal in the new budget. I still feel it is not that easy to eradicate illegal cigarettes especially during times like this, where people are more willing to pay for something cheaper.

QUOTE(cofin @ Dec 3 2020, 08:43 PM)
last time topglove went in KLCI then also no hype lol ...
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No fun then! tongue.gif
silverwave
post Dec 4 2020, 11:26 AM

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Myeg has been rising, any particular reason?
silverwave
post Dec 4 2020, 12:03 PM

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LIIHEN, worth to enter?
silverwave
post Dec 4 2020, 12:08 PM

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QUOTE(cofin @ Dec 4 2020, 12:05 PM)
This company macam covid proof .......you see their earning still stable even what covid or MCO

its actually a very good company
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Company is ok but i could not find any news about the sudden rise, so i'm wondering if the goreng mode started.

It had some political connection previously but i'm not sure if it's still valid.
silverwave
post Dec 4 2020, 12:28 PM

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QUOTE(statikinetic @ Dec 4 2020, 12:21 PM)
With the Budget approvals underway, people are speculating that it could be linked to the big NIIS contract being awarded.
No announcement out yet.
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but i think this has been going on for a few months right? May be with the budget now, so the sentiment is back
silverwave
post Dec 4 2020, 10:46 PM

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QUOTE(immobile @ Dec 4 2020, 07:04 PM)
hahah here sir, the one by Kgiap123 is free wub.gif  wub.gif

https://www.tradingview.com/script/JI95LpOd-MCDX-SmartMoney/
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Based on picture below, i should use the latest interpretation on 26/9/19, correct?

So in short, red is IB, green is retailers and yellow is?

Key is to have red to be more than 50%.

user posted image
silverwave
post Dec 5 2020, 10:32 PM

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For TA charts, is there any way i can see the buy/sell volume separately for a counter?
silverwave
post Dec 8 2020, 10:29 AM

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Based on previous trends, price drop more when QR is released. TG is already low enough this time, what you guys think? biggrin.gif
silverwave
post Dec 9 2020, 09:50 AM

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QUOTE(Vanguard 2015 @ Dec 9 2020, 09:42 AM)
Did Supermax and Top Glove go up after their bonus issue? I can't recall.

To my mind, just be honest and say "We don't want to pay dividends this year in order to preserve cash. This is in view of the Covid-19 pandemic which is causing uncertainty in the banking industries especially with the extension of the loan moratorium for selected groups. We need to monitor our NPL, cash flow bla, bla, bla"

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I think TG and SM went up a little after bonus issue and then continuously went down non stop.

If they say that, all will put out biggrin.gif

This post has been edited by silverwave: Dec 9 2020, 09:51 AM
silverwave
post Dec 10 2020, 11:35 AM

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Harta seems to be the only one in red (among the big 4), any reason why? Some more after winning the award biggrin.gif
silverwave
post Dec 10 2020, 08:33 PM

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QUOTE(AVFAN @ Dec 10 2020, 06:16 PM)
since nov 17, EPF incr stake almost everyday from <5% to 5.455% on dec 7.
https://www.bursamalaysia.com/market_inform...?ann_id=3112851

but price has been flat or even lower.

what happens when EPF starts to dump like it dumped TG??
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If they do the same way like TG, it's going to be a huge disaster. The share price is already low enough sad.gif

silverwave
post Dec 11 2020, 11:11 AM

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Tenaga also dropping, worth to enter now or wait for below Rm10?
silverwave
post Dec 11 2020, 11:31 AM

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QUOTE(immobile @ Dec 11 2020, 11:25 AM)
glove losing steam a lil  dry.gif haha as usual sighh
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I think will go on for a few months

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