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 STOCK MARKET DISCUSSION V150

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Kar Weng
post Mar 6 2021, 02:08 AM

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QUOTE(hedfi @ Mar 5 2021, 10:41 PM)
#bursakgb movement 😄
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We totally be needing this
brokenbomb
post Mar 6 2021, 08:24 AM

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QUOTE(howyoulikethat @ Mar 6 2021, 12:34 AM)
I quite like UWC. Fast growing business, frontend semicon, involved in autonomous vehicles, insiders own 50%, Forbes Asia best under billion, share price uptrend, covered by analysts.

3 things stop me from investing in UWC (for now, at least):
1. Share price has increased a lot since last year with rather high PE. (due to extraordinary growth rate) I'm uncomfortable with sky high PEs & very low DY.
2. Expectations on UWC are very high. Since listing, its revenue & profit have increased every single quarter. What if I have bad luck to buy it & a QR with lower revenue or profit comes in?
3. UWC is rather new. I prefer companies with track record as a listed company.

Anyhow, good to know another company on Bursa.

P.S. I hope no one gets discouraged by me.  sweat.gif If it shoots up to RM10 in future, don't come after me ya?
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already touch RM13 before BI. thumbup.gif

if next week it's going to claw itself way back up to the 20 MA line. might be a good time to enter. rclxm9.gif








icemanfx
post Mar 6 2021, 09:16 AM

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QUOTE(skty @ Mar 5 2021, 09:59 PM)
Oh my god...

now this thread officially become KGB thread. ahahahaha

as of currently, together with the "M" stock, KGB is another stock that I repeating what I did with JFTech months ago when JFTech is not on the radar.

this round gonna hit jackpot again or lose my pant?   biggrin.gif
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QUOTE(hedfi @ Mar 5 2021, 10:41 PM)
#bursakgb movement 😄
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QUOTE(Kar Weng @ Mar 6 2021, 02:08 AM)
We totally be needing this
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Likely a pump and dump exercise. Noise.

This post has been edited by icemanfx: Mar 6 2021, 09:17 AM
icemanfx
post Mar 6 2021, 10:15 AM

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Will greensill fiasco start a domino effect on softbank, etc?

noise, noise, noise.

theberry
post Mar 6 2021, 10:17 AM

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QUOTE(skty @ Mar 6 2021, 12:33 AM)
I don't touch SQQQ because I do not have the Nasdaq CA.

I don't touch things that I don't have at least 80% confidence.

good luck with your SQQQ position.
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Have u closed your position?
ChAOoz
post Mar 6 2021, 11:01 AM

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QUOTE(icemanfx @ Mar 6 2021, 10:15 AM)
Will greensill fiasco start a domino effect on softbank, etc?

noise, noise, noise.
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Softbank wirecard investment - 1bil write down
Softbank greensill investment - 1.5bil write down
Softbank wework investment - 17bil write down

Nope no domino effect this stupid japanese whale gamble more on nasdaq options in a week than the whole greensill investment.
SUSNew Klang
post Mar 6 2021, 11:03 AM

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QUOTE(hedfi @ Mar 5 2021, 10:41 PM)
#bursakgb movement 😄
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QUOTE(Kar Weng @ Mar 6 2021, 02:08 AM)
We totally be needing this
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Shortage in semiconductor will need to be managed very soon else the chain effect will be bad. Biden and Democrats will have to see this through. That said, is the stock valuation fair?
Syie9^_^
post Mar 6 2021, 12:05 PM

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Ystdy night look like dead cat meow~
AVFAN
post Mar 6 2021, 12:53 PM

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QUOTE(brokenbomb @ Mar 5 2021, 10:16 PM)
yup showing some temp weakness with nasdaq. but havent form any death cross or any structure break. only undergoing a minor correction like back in september to november.
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Thanks for comment.

Nice rebound last night.

Lets watch further.
icemanfx
post Mar 6 2021, 01:30 PM

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QUOTE(ChAOoz @ Mar 6 2021, 11:01 AM)
Softbank wirecard investment - 1bil write down
Softbank greensill investment - 1.5bil write down
Softbank wework investment - 17bil write down

Nope no domino effect this stupid japanese whale gamble more on nasdaq options in a week than the whole greensill investment.
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Masayoshi Son's luck has been holding up.

SUSYH1234
post Mar 6 2021, 01:34 PM

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QUOTE(icemanfx @ Mar 6 2021, 09:16 AM)
Likely a pump and dump exercise. Noise.
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i acted smart and lecture my friend why put money into a pyramid scheme, its absolutely a con job, i know,, my friend respond, as long as i am at the top and not the last to pull out, great chances i make money, and lots of money. it seem my friend is smarter than me.

i guess everyone here know what they are doing, as long as one ride on the pump and not the dump, they are pretty safe, and can make money some more.
icemanfx
post Mar 6 2021, 02:28 PM

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QUOTE(YH1234 @ Mar 6 2021, 01:34 PM)
i acted smart and lecture my friend why put money into a pyramid scheme, its absolutely a con job,  i know,, my friend respond, as long as i am at the top and not the last to pull out, great chances i make money, and lots of money. it seem my friend is smarter than me.

i guess everyone here know what they are doing, as long as one ride on the pump and not the dump, they are pretty safe, and can make money some more.
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Every punters believe ze is at the top.

This post has been edited by icemanfx: Mar 6 2021, 05:50 PM
wayton
post Mar 6 2021, 03:48 PM

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QUOTE(AVFAN @ Mar 5 2021, 07:24 PM)
i like to ask if anyone here is a TA/chartist...
back a couple of months ago, there were a good no. of comments on gloves - "the TA/charts show downtrend, sure go down".

and it turned out correct - down continuously for weeks and months, non-stop.
what about tech stocks now?

are the charts showing temp weakness or longer downtrend like the time with gloves?

by tech i mean broadly - chipmakers, contractors, the tesla's and amazon's, VR's, online apps - all of them, i.e. "nasdaq".
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Based on TA, and market wind trend.
Tech has high chance follow glove trend.
But I am not an expert.

Tech fever starts to fade away when economy start to open up.
Tech benefit from pandemic from WFH, distance learning, when economy start to normalise back, those become not urgently needed.

One lesson I learned is don't catch falling knife.
Even at the expense able to catch the bottom and profit from the rebound.
As may 2/10 may able to catch the bottom and rebound, which is nice, but the rest 8/10 chance keep on falling.
2/10 winning, 8/10 losing, the odd doesn't look good for catching falling knife.
As small retailers, it is difficult to keep on average down, as it snow ball the capital and capital easily run out.
airtawarian
post Mar 6 2021, 04:51 PM

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Monday will be glove day. Mark my word
icemanfx
post Mar 6 2021, 04:59 PM

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QUOTE(airtawarian @ Mar 6 2021, 04:51 PM)
Monday will be glove day. Mark my word
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Pump before topg qr.
Syie9^_^
post Mar 6 2021, 05:10 PM

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Risk on Risk off...

So who ever got caught in this risk off, so going to suffer.

SUSYH1234
post Mar 6 2021, 05:25 PM

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QUOTE(airtawarian @ Mar 6 2021, 04:51 PM)
Monday will be glove day. Mark my word
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mostly likely oil and gas, and recovery. buy and wait for the pump.
squarepilot
post Mar 6 2021, 05:35 PM

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Most likely,

All is set to recover on Monday due to the bullish sentiment because most will not be selling their portion. on how high each stocks can go? err... no one can answer
ChAOoz
post Mar 6 2021, 05:57 PM

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Last friday US close would have tell us market is really unpredictable. A good job number should have signal a recovering economy and an impending inflation risk. But instead of shying from the risk, mr market take this as a positive sign and piled on more risk as they believe recovery is coming fast and rapid.

Anyway myself will be trading for rebound on tech just cause i think still got leg to run.
brokenbomb
post Mar 6 2021, 06:39 PM

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QUOTE(airtawarian @ Mar 6 2021, 04:51 PM)
Monday will be glove day. Mark my word
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You didn’t mention green or red

Or maybe both. Hmm

If there is a tech rebound, might use it to unwind some my 2020 tech positions. Recovery play seems to be the next trend.





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