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 STOCK MARKET DISCUSSION V150

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foofoosasa
post Mar 5 2021, 11:31 AM

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QUOTE(Duckies @ Mar 5 2021, 10:33 AM)
Given inflation rate and US market going bad, what do you guys thing about commodities? Steel, copper, gold...bitcoin?
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Already park my money in commodity 😉
skty
post Mar 5 2021, 11:54 AM

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QUOTE(Taikor.Taikun @ Mar 5 2021, 11:30 AM)
Can rest few months then get active again
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you strong feng shui believer a? biggrin.gif

QUOTE(foofoosasa @ Mar 5 2021, 11:31 AM)
Already park my money in commodity 😉
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ini smart money. haha.

one more thing is can look at US financial sector.

Powell say interest rate won't increase, yeah, bullshit. laugh.gif
GameFr3ak
post Mar 5 2021, 11:55 AM

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QUOTE(foofoosasa @ Mar 5 2021, 11:31 AM)
Already park my money in commodity 😉
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what are some good commodity counters ar?
Duckies
post Mar 5 2021, 11:59 AM

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QUOTE(foofoosasa @ Mar 5 2021, 11:31 AM)
Already park my money in commodity 😉
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QUOTE(GameFr3ak @ Mar 5 2021, 11:55 AM)
what are some good commodity counters ar?
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Yaya which 1 ah?
howyoulikethat
post Mar 5 2021, 12:11 PM

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Usual commodities are steel, tin, aluminium, oil palm, etc.

And some say gloves sweat.gif


icemanfx
post Mar 5 2021, 12:13 PM

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QUOTE(AVFAN @ Mar 5 2021, 10:36 AM)
bond yields, int rates go up + inflation fears....

energy, gold will be back in play?

so, get ready for poh kong and tomei... again?!! laugh.gif
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Poh Kong, tomei are jewellery shops. Share price if move with gold is purely from speculation.

QUOTE(statikinetic @ Mar 5 2021, 10:56 AM)
I can see the one liner response now.
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I am not here to give lecture. Besides, any opinion different from what the herd wanted to hear is noise. It is a waste of time to give lengthy reply.
icemanfx
post Mar 5 2021, 12:17 PM

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QUOTE(howyoulikethat @ Mar 5 2021, 12:11 PM)
Usual commodities are steel, tin, aluminium, oil palm, etc.

And some say gloves  sweat.gif
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Sign of desperation.
edisoner90
post Mar 5 2021, 12:20 PM

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i just hope this month march the market will drop deeeep and correct itself.. everyone need a fresh hope rather than dangling in mid air.

With the current trend, this full year wouldnt be any good.. unemployment rate are high which makes spending power are less. ppl are more cautious. Construction field/ property/ flight/ tourism/ local retail such as clothing and shoes/ hospitality/ hotel
are all not doing well.
SunBear1999
post Mar 5 2021, 12:21 PM

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QUOTE(howyoulikethat @ Mar 5 2021, 12:11 PM)
Usual commodities are steel, tin, aluminium, oil palm, etc.

And some say gloves  sweat.gif
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You’re right! Natural rubber
TG Tan Sri 10 years ago already invested RM160 million in Cambodia to plant rubber trees. TG is a value company👍👍💪💪💪
howyoulikethat
post Mar 5 2021, 12:25 PM

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QUOTE(icemanfx @ Mar 5 2021, 12:13 PM)
Poh Kong, tomei are jewellery shops. Share price if move with gold is purely from speculation.
I am not here to give lecture. Besides, any opinion different from what the herd wanted to hear is noise. It is a waste of time to give lengthy reply.
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I don't mind lengthy replies.

It's only noise if the comments are things you've repeated, or matters that we already know.

Most of us would greatly appreciate it if you could share more about your investing style, perhaps some of your potential stocks, or economic outlook, or sector commentaries.

We are here to support each other.




howyoulikethat
post Mar 5 2021, 12:35 PM

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QUOTE(icemanfx @ Mar 5 2021, 12:17 PM)
Sign of desperation.
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Let me throw the question back to you.


Do you think gloves are a commodity or otherwise? And why so?


I acknowledge that gloves are very commodity-like.

As for desperation, of course all gloveholders are desperate now, even me. But my answer was not to promote glove stocks. Myself, and I believe most here, are not syndicates or "gurus" involved in pump & dump of stocks. We are here to support each other.
greyPJ
post Mar 5 2021, 12:46 PM

artificially stupid
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QUOTE(edisoner90 @ Mar 5 2021, 12:20 PM)
i just hope this month march the market will drop deeeep and correct itself.. everyone need a fresh hope rather than dangling in mid air.

With the current trend, this full year wouldnt be any good.. unemployment rate are high which makes spending power are less. ppl are more cautious. Construction field/ property/ flight/ tourism/ local retail such as clothing and shoes/ hospitality/ hotel
are all not doing well.
*
1.9T will pass mid next week, dont know how it affects the stock market. may be tech can rebound.

unemployment etc all those already price in, forward looking.
dickybird
post Mar 5 2021, 12:51 PM

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Looking to buy something but nothing excites just yet.
statikinetic
post Mar 5 2021, 01:03 PM

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QUOTE(howyoulikethat @ Mar 5 2021, 12:35 PM)
As for desperation, of course all gloveholders are desperate now, even me. But my answer was not to promote glove stocks. Myself, and I believe most here, are not syndicates or "gurus" involved in pump & dump of stocks. We are here to support each other.
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I would say that traders in possession of glove stocks now are feeling the heat as the trend shows no sign of reversing.
misaka
post Mar 5 2021, 01:07 PM

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Who masuk esceram dip hahahah
SUSlowya
post Mar 5 2021, 01:21 PM

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is there anyone who bought SYF first thing in the morning just now?
joeblow
post Mar 5 2021, 01:35 PM

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QUOTE(AVFAN @ Mar 5 2021, 10:36 AM)
bond yields, int rates go up + inflation fears....

energy, gold will be back in play?

so, get ready for poh kong and tomei... again?!! laugh.gif
*
Gold is actually dropping a lot lately despite Goldman Sachs say this year Gold will go up until nobody business.... I got super stuck in egold and gold fund.

Just sold all my CIMB shares for a 5.x% profit RM4.4. The AMBank thingy spooks me, take profit first. Hope this is the right decision. Placed Maybank at 8.30.
AVFAN
post Mar 5 2021, 01:47 PM

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QUOTE(joeblow @ Mar 5 2021, 01:35 PM)
Gold is actually dropping a lot lately despite Goldman Sachs say this year Gold will go up until nobody business.... I got super stuck in egold and gold fund.

Just sold all my CIMB shares for a 5.x% profit RM4.4. The AMBank thingy spooks me, take profit first. Hope this is the right decision. Placed Maybank at 8.30.
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that is why this "prices are forward looking" doesn't always come true at the time u think it should! biggrin.gif

but still, i am watching gold, looking for signs.

again, bank shares - inflation fears typically push bank stocks higher - i think citibank and bankamerica been rising fast.

here, dunno... too much gomen interference on anything about money.
AVFAN
post Mar 5 2021, 02:25 PM

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retailers not buying much anymore.

QUOTE
Market Participants
Date Net (Bought - Sold)
Foreign Local Inst. Local Ret. Total
05 Mar - - - 2.61b
04 Mar (162m) 85m 77m 5.37b
03 Mar 115m (158m) 42m 6.18b
02 Mar 240m (263m) 23m 6.42b
01 Mar 50m (171m) 121m 6.09b


and RM/USD jumped today to 4.072.
leanman
post Mar 5 2021, 02:35 PM

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QUOTE(joeblow @ Mar 5 2021, 01:35 PM)
Gold is actually dropping a lot lately despite Goldman Sachs say this year Gold will go up until nobody business.... I got super stuck in egold and gold fund.

Just sold all my CIMB shares for a 5.x% profit RM4.4. The AMBank thingy spooks me, take profit first. Hope this is the right decision. Placed Maybank at 8.30.
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Not keeping for the proposed dividend of 38.5 sen? maybe can buy back later at lower price smile.gif

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