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 STOCK MARKET DISCUSSION V150

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Vanguard 2015
post Mar 12 2021, 05:23 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 05:16 PM)
Just curious, what glove stocks do you still have?  hmm.gif
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Careplus, Comfort, Supermax and Top Glove.

Minggu depan, mungkin saya akan kasi potong kecuali Comfort dan Top Glove.


howyoulikethat
post Mar 12 2021, 05:27 PM

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QUOTE(Vanguard 2015 @ Mar 12 2021, 05:23 PM)
Careplus, Comfort, Supermax and Top Glove.

Minggu depan, mungkin saya akan kasi potong kecuali Comfort dan Top Glove.
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Why not Harta, since it has less swings & less downside? Perhaps this is why I suck as a trader, haha.

Good luck, fellow glove comrade!


orangutan
post Mar 12 2021, 05:30 PM

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QUOTE(RiriRuruRara @ Mar 7 2021, 10:03 PM)
Hi can tell me what does this means?
Bcs recently i registered for tradingview free 1 month and i bought the USD 1 for real time stock prices. So what i am doing is illegal???
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May I know how they charged? Using credit card? The charges will be converted to MYR? Asking for academic purpose only. whistling.gif
Vanguard 2015
post Mar 12 2021, 05:34 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 05:27 PM)
Why not Harta, since it has less swings & less downside? Perhaps this is why I suck as a trader, haha.

Good luck, fellow glove comrade!
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I don't know. This round I didn't pick Harta and Kossan.

Maybe I thought pick 2 Big Glove companies and 2 second liners companies to balance out. Obviously, it is not going according to plan. sweat.gif

Good luck to you too!

It ain't over until....

This post has been edited by Vanguard 2015: Mar 12 2021, 05:35 PM
skulless
post Mar 12 2021, 05:35 PM

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Hand itchy. Top up on Dnex-son and Techfast at 0.50. Just short term trades, anyone else enter?
Kar Weng
post Mar 12 2021, 05:51 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 02:53 PM)
Me not sifu, but here is my understanding.

HK Listing is primary dual-listing. From Google, primary listing is listing of new shares. So, new TG shares will be available to HK, adding to current number of shares, thus dilution effect.

OTOH, SGX listing is secondary dual-listing. Secondary listing inSGX  means selling existing shares to be listed in SG. No dilution happens.

I made a huge blunder in not finding out more about the Hong Kong listing. If only I knew about the difference of primary & dual listing then...... Mr Market ady knew what's gonna happen then, hence the market reaction.

P.S. I really wonder why the need for primary listing? HK listing must only be primary listing? I don't know. If TG changes it to secondary listing, perhaps share price will rebound. But unlikely, as TG has ady submitted application.
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QUOTE(ChAOoz @ Mar 12 2021, 03:27 PM)
If the offering in HK is not well received, it will signal further downtrend as sign of subdue demand from global investors would weaken local investors confidence.

But it could happen the opposite, which is high demand from global investors during the offering exercise will provide the much needed confidence for our local investors.

It's really a gamble, and also depend on market appetite for gloves share. Especially global institutional investors
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Thank y’all, now I have a clearer picture. Not sure if I should hold it for the dividends though.

Kar Weng
post Mar 12 2021, 06:13 PM

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Other than giving out stellar dividends, what will TG do with the existing massive cash on hand and the capital that will be raised (around 7B I believe) from the upcoming HK listing?

Are they venturing into something new or will they keep competing on the same shrinking market of latex gloves?
ChAOoz
post Mar 12 2021, 06:17 PM

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QUOTE(Kar Weng @ Mar 12 2021, 05:51 PM)
Thank y’all, now I have a clearer picture. Not sure if I should hold it for the dividends though.
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For dividend, if they give out 30sen in dividend / share, usually the price will drop corresponding with the dividend distribution amount.

So if you want to hold for dividend, you gotta look is topglove earning power will keep on increasing per share or how.
pinksapphire
post Mar 12 2021, 06:35 PM

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QUOTE(Vanguard 2015 @ Mar 12 2021, 05:23 PM)
Careplus, Comfort, Supermax and Top Glove.

Minggu depan, mungkin saya akan kasi potong kecuali Comfort dan Top Glove.
*
I've chopped until left bones with second liners, just for posterity sake.

Smax, I may trim down eventually if they're gonna continue be this bad.

I think everyone's getting quiet cuz Bursa doesn't have much excitement with any particular sectors or stocks, except for those few.
I was trying to see if there's any that I can venture into, but, none yet that excites me since now I wanna see long term.

On the side, property stocks shot up alot...anyone has any stocks in that?
AVFAN
post Mar 12 2021, 07:34 PM

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QUOTE(Vanguard 2015 @ Mar 12 2021, 05:09 PM)
Glove stocks are still bleeding non-stop. Tsk, tsk.
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hold on... if u can! biggrin.gif

the selling may be drying up.

we saw in last few days:

... FF buying (incl gloves, i believe)

... EPF continues to incr stake in TG 6.29%, harta 6.94%.
https://www.bursamalaysia.com/market_inform...?ann_id=3138502
https://www.bursamalaysia.com/market_inform...?ann_id=3138277

TG directors keep buying:
https://www.bursamalaysia.com/market_inform...nt?company=7113

.. Local institutions been selling - everything bursa, for weeks:
https://www.pickastock.info/MarketParticipation
perhaps they know something we don't.

the covid situation is not going to disappear; we hope the vaccines will work, but PPE will be required!
https://www.cnbc.com/2021/03/12/coronavirus...ne-rollout.html
https://www.cnbc.com/2021/03/12/astrazeneca...clot-fears.html
pinksapphire
post Mar 12 2021, 07:56 PM

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QUOTE(Kar Weng @ Mar 12 2021, 05:51 PM)
Thank y’all, now I have a clearer picture. Not sure if I should hold it for the dividends though.
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For my side, I'm keeping TG long term since already bleeding so much, so dividends are consolation to hopefully make up teeny bit for it. If you're not in deep reds, and you don't have confidence in it...then...
Kar Weng
post Mar 12 2021, 08:09 PM

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QUOTE(AVFAN @ Mar 12 2021, 07:34 PM)
hold on... if u can! biggrin.gif

the selling may be drying up.

we saw in last few days:

... FF buying (incl gloves, i believe)

... EPF continues to incr stake in TG 6.29%, harta 6.94%.
https://www.bursamalaysia.com/market_inform...?ann_id=3138502
https://www.bursamalaysia.com/market_inform...?ann_id=3138277

TG directors keep buying:
https://www.bursamalaysia.com/market_inform...nt?company=7113

.. Local institutions been selling - everything bursa, for weeks:
https://www.pickastock.info/MarketParticipation
perhaps they know something we don't.

the covid situation is not going to disappear; we hope the vaccines will work, but PPE will be required!
https://www.cnbc.com/2021/03/12/coronavirus...ne-rollout.html
https://www.cnbc.com/2021/03/12/astrazeneca...clot-fears.html
*
Thanks for the positive perspectives.


QUOTE(pinksapphire @ Mar 12 2021, 07:56 PM)
For my side, I'm keeping TG long term since already bleeding so much, so dividends are consolation to hopefully make up teeny bit for it. If you're not in deep reds, and you don't have confidence in it...then...
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Haha jiejie want to know my secret? My acquisition price for TG is 5.22 😅
But ya there’s still a possibility to lose confidence then cut loss la, given the very poor market sentiment against gloves. I wonder what’s TG’s plan post-covid, if we can determine that then can better gauge the future.

icemanfx
post Mar 12 2021, 08:37 PM

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QUOTE(AVFAN @ Mar 12 2021, 07:34 PM)
hold on... if u can! biggrin.gif

the selling may be drying up.

we saw in last few days:

... FF buying (incl gloves, i believe)

... EPF continues to incr stake in TG 6.29%, harta 6.94%.
https://www.bursamalaysia.com/market_inform...?ann_id=3138502
https://www.bursamalaysia.com/market_inform...?ann_id=3138277

TG directors keep buying:
https://www.bursamalaysia.com/market_inform...nt?company=7113

.. Local institutions been selling - everything bursa, for weeks:
https://www.pickastock.info/MarketParticipation
perhaps they know something we don't.

the covid situation is not going to disappear; we hope the vaccines will work, but PPE will be required!
https://www.cnbc.com/2021/03/12/coronavirus...ne-rollout.html
https://www.cnbc.com/2021/03/12/astrazeneca...clot-fears.html
*
It seems tansri made more from bursa than from the business. Disclaimer: information from whisky talk.
Kar Weng
post Mar 12 2021, 08:51 PM

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QUOTE(Vanguard 2015 @ Mar 12 2021, 05:23 PM)
Minggu depan, mungkin saya akan kasi potong kecuali Comfort dan Top Glove.
*
Great stance! What's uncle Van's rationale behind keeping TG & Comfort while potong others?


QUOTE(icemanfx @ Mar 12 2021, 08:37 PM)
It seems tansri made more from bursa than from the business. Disclaimer: information from whisky talk.
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Always needed your impartial POV and sober one-liner.

But I've also been wondering, what are you optimistic about in the market?
dickybird
post Mar 12 2021, 09:05 PM

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QUOTE(wts6819 @ Mar 12 2021, 04:32 PM)
why sold? I think Slvest can go up a bit more and see can break ATH or not.
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Warrants sold.
Mother shares kept
May sell if the price is right and buy back after the bonus.
Vanguard 2015
post Mar 12 2021, 09:15 PM

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QUOTE(Kar Weng @ Mar 12 2021, 08:51 PM)
Great stance! What's uncle Van's rationale behind keeping TG & Comfort while potong others?
Always needed your impartial POV and sober one-liner.

But I've also been wondering, what are you optimistic about in the market?
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Supermax and Careplus have reached my cut loss point of -20%. By right, I should have cut at around -12%. I can use the proceeds to buy other stocks that hopefully can perform better.

The FA for TG and Comfort are better than Supermax and Careplus.

Live to fight another day!

This post has been edited by Vanguard 2015: Mar 12 2021, 09:16 PM
Vanguard 2015
post Mar 12 2021, 09:18 PM

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QUOTE(AVFAN @ Mar 12 2021, 07:34 PM)
hold on... if u can! biggrin.gif

the selling may be drying up.

we saw in last few days:

...
» Click to show Spoiler - click again to hide... «

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Thanks! I will try and hold on next week.
icemanfx
post Mar 12 2021, 09:23 PM

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QUOTE(Kar Weng @ Mar 12 2021, 08:51 PM)
Great stance! What's uncle Van's rationale behind keeping TG & Comfort while potong others?
Always needed your impartial POV and sober one-liner.

But I've also been wondering, what are you optimistic about in the market?
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Plenty e.g non speculative u.s stocks.
howyoulikethat
post Mar 12 2021, 09:28 PM

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QUOTE(pinksapphire @ Mar 12 2021, 06:35 PM)
I've chopped until left bones with second liners, just for posterity sake.

Smax, I may trim down eventually if they're gonna continue be this bad.

I think everyone's getting quiet cuz Bursa doesn't have much excitement with any particular sectors or stocks, except for those few.
I was trying to see if there's any that I can venture into, but, none yet that excites me since now I wanna see long term.

On the side, property stocks shot up alot...anyone has any stocks in that?
*
Many of us kena Mr Market kaw kaw, then bcome quiet.

Used to have property stocks back in 2017, which was the worst time to buy them. One of the first few stocks I bought.

Property stocks looks like its gathering speed.
icemanfx
post Mar 12 2021, 09:55 PM

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QUOTE(howyoulikethat @ Mar 12 2021, 09:28 PM)
Many of us kena Mr Market kaw kaw, then bcome quiet.

Used to have property stocks back in 2017, which was the worst time to buy them. One of the first few stocks I bought.

Property stocks looks like its gathering speed.
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Until poorperly overhang is reduced substantially, poorperly price will remain suppressed.

Primary poorperly market demand is very much depending on availability of bank loan.


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