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 STOCK MARKET DISCUSSION V150

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Assassin's
post Mar 12 2021, 10:26 PM

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These listed companies win the bid for LSS4 project

Finally, after months waiting, LSS4 bid winners has finally been announced.

* Advancecon Holdings Bhd via Advancecon Solar Sdn Bhd at 26MW
* Three bids by Solarvest Holdings Bhd via Atlantic Blue Sdn Bhd totalling 50MW
* MK Land Holdings Bhd via MK Land Resources Sdn Bhd at 10.95MW
* Tan Chong Motor Holdings Bhd through a consortium involving Tan Chong Motor Assemblies Sdn Bhd at 20MW
* JAKS Resources Bhd via JAKS Solar Power Sdn Bhd at 50MW
* Kumpulan Powernet Bhd with Perbadanan Kemajuan Negeri Pahang at 50MW
* Ranhill Utilities Bhd at 50MW
* Gopeng Bhd at 50MW
* Tenaga Nasional Bhd via TNB Renewables Sdn Bhd at 50MW, and
* Uzma Bhd via Uzma Environergy Sdn Bhd at 50MW.

The notable company missing from this list is Samaiden and Cypark, so next Monday will probably not be a good day for these two stock.

This post has been edited by Assassin's: Mar 12 2021, 10:29 PM
AVFAN
post Mar 12 2021, 10:30 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?
*
QUOTE(Kar Weng @ Mar 12 2021, 08:09 PM)
Thanks for the positive perspectives.
*
QUOTE(Vanguard 2015 @ Mar 12 2021, 09:15 PM)
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!
*
Spmx has several things not going right for it:

1. US plant investment has since gone cold, no news whatsoever when expectation was they will get something from the DPA procurement plans.
2. boss went to buy condo in florida; british architect engaged for new HQ in meru.
3. miserable dividend.
4. no SBB, no directors support - only natural that shareholders feel disillusioned.

i will see what happens by next QR - results, dividend, guidance.

in contrast, TG has a few good things going:

1. great dividend declared.
2. directors and EPF buying shares.
3. CBP ban may be be lifted anytime now.
4. HKEX listing - while some may view it as negative, we shall see how it performs as china's intco is also doing dual listing there - maybe strong interest for both.

i also see HARTA as a strong long term holding glove counter.
kossan has been a top loser; 2nd liners, i hv no interest.

bakayaro11 P
post Mar 12 2021, 10:33 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?
*
I'm still having paper loss with Mah Sing.


QUOTE(icemanfx @ Mar 12 2021, 09:55 PM)
Until poorperly overhang is reduced substantially, poorperly price will remain suppressed.

Primary poorperly market demand is very much depending on availability of bank loan.
*
Then why property stocks rise in tandem? Syndicate pushing?

icemanfx
post Mar 12 2021, 10:44 PM

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QUOTE(bakayaro11 @ Mar 12 2021, 10:33 PM)
I'm still having paper loss with Mah Sing.
Then why property stocks rise in tandem? Syndicate pushing?
*
Likely pump and dump operation.
Reyeskb P
post Mar 12 2021, 10:48 PM

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QUOTE(AVFAN @ Mar 12 2021, 10:30 PM)
Spmx has several things not going right for it:

1. US plant investment has since gone cold, no news whatsoever when expectation was they will get something from the DPA procurement plans.
2. boss went to buy condo in florida; british architect engaged for new HQ in meru.
3. miserable dividend.
4. no SBB, no directors support - only natural that shareholders feel disillusioned.

i will see what happens by next QR - results, dividend, guidance.

in contrast, TG has a few good things going:

1. great dividend declared.
2. directors and EPF buying shares.
3. CBP ban may be be lifted anytime now.
4. HKEX listing - while some may view it as negative, we shall see how it performs as china's intco is also doing dual listing there - maybe strong interest for both.

i also see HARTA as a strong long term holding glove counter.
kossan has been a top loser; 2nd liners, i hv no interest.
*
I will feel very disappointed if TG price can't even reach RM6 by the day before its ex date 23-Mar. Anyway, will still hold on for TG and at the same time jia you for Spmx too as both price are too low to ignore now...

Vanguard 2015
post Mar 12 2021, 10:56 PM

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QUOTE(AVFAN @ Mar 12 2021, 10:30 PM)
Spmx has several things not going right for it:

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

in contrast, TG has a few good things going:

1. great dividend declared.
2. directors and EPF buying shares.
3. CBP ban may be be lifted anytime now.
4. HKEX listing - while some may view it as negative, we shall see how it performs as china's intco is also doing dual listing there - maybe strong interest for both.

i also see HARTA as a strong long term holding glove counter.
kossan has been a top loser; 2nd liners, i hv no interest.
*
Thank you for the info. Much appreciated.
bakayaro11 P
post Mar 12 2021, 10:56 PM

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QUOTE(icemanfx @ Mar 12 2021, 10:44 PM)
Likely pump and dump operation.
*
Oh well, hope the pumping last long enough this time. Many trapped at penthouse.
AVFAN
post Mar 12 2021, 11:07 PM

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QUOTE(Reyeskb @ Mar 12 2021, 10:48 PM)
I will feel very disappointed if TG price can't even reach RM6 by the day before its ex date 23-Mar. Anyway, will still hold on for TG and at the same time jia you for Spmx too as both price are too low to ignore now...
*
TG price won't incr much until CBP lifted.

and RSS shorts start covering - 228mil shares worth rm1.3bil - the largest short in the entire history of bursa, i believe.
Randomization
post Mar 12 2021, 11:08 PM

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QUOTE(AVFAN @ Mar 12 2021, 11:07 PM)
TG price won't incr much until CBP lifted.

and RSS shorts start covering - 228mil shares worth rm1.3bil - the largest short in the entire history of bursa, i believe.
*
Any idea if their short is in the money?

AVFAN
post Mar 12 2021, 11:40 PM

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QUOTE(Randomization @ Mar 12 2021, 11:08 PM)
Any idea if their short is in the money?
*
should be, very much so.

my records show total shorted was 292.6 mil shares, avg 5.75.

but net is now 227.8mil, i.e. 64.8mil has been covered, but i do not know at what price.

the more retailers lose heart and sell, the longer shortie can hold to more profit.
icemanfx
post Mar 12 2021, 11:43 PM

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QUOTE(AVFAN @ Mar 12 2021, 11:40 PM)
should be, very much so.

my records show total shorted was 292.6 mil shares, avg 5.75.

but net is now 227.8mil, i.e. 64.8mil has been covered, but i do not know at what price.

the more retailers lose heart and sell, the longer shortie can hold to more profit.
*
I.b insight Vs retailers gut feeling/sentiment.

This post has been edited by icemanfx: Mar 13 2021, 01:15 AM
ChAOoz
post Mar 13 2021, 08:44 PM

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Such a quiet weekend. Anyone waiting on solar lss4 tender biggrin.gif
Taikor.Taikun
post Mar 13 2021, 08:45 PM

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QUOTE(Assassin's @ Mar 12 2021, 10:26 PM)
These listed companies win the bid for LSS4 project

Finally, after months waiting, LSS4 bid winners has finally been announced.

* Advancecon Holdings Bhd via Advancecon Solar Sdn Bhd at 26MW
* Three bids by Solarvest Holdings Bhd via Atlantic Blue Sdn Bhd totalling 50MW
* MK Land Holdings Bhd via MK Land Resources Sdn Bhd at 10.95MW
* Tan Chong Motor Holdings Bhd through a consortium involving Tan Chong Motor Assemblies Sdn Bhd at 20MW
* JAKS Resources Bhd via JAKS Solar Power Sdn Bhd at 50MW
* Kumpulan Powernet Bhd with Perbadanan Kemajuan Negeri Pahang at 50MW
* Ranhill Utilities Bhd at 50MW
* Gopeng Bhd at 50MW
* Tenaga Nasional Bhd via TNB Renewables Sdn Bhd at 50MW, and
* Uzma Bhd via Uzma Environergy Sdn Bhd at 50MW.

The notable company missing from this list is Samaiden and Cypark, so next Monday will probably not be a good day for these two stock.
*
Samaiden losing out is a big surprise to me. Expecting to see this stock waterfall next week
Taikor.Taikun
post Mar 13 2021, 08:46 PM

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QUOTE(ChAOoz @ Mar 13 2021, 08:44 PM)
Such a quiet weekend. Anyone waiting on solar lss4 tender biggrin.gif
*
My solarvest gonna ๐Ÿš€๐ŸŒ“
ChAOoz
post Mar 13 2021, 09:05 PM

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QUOTE(Taikor.Taikun @ Mar 13 2021, 08:46 PM)
My solarvest gonna ๐Ÿš€๐ŸŒ“
*
Yes atlantic blue haha. Monday going to be exciting. But not so much for saimaiden
icemanfx
post Mar 13 2021, 09:41 PM

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QUOTE(Taikor.Taikun @ Mar 13 2021, 08:46 PM)
My solarvest gonna ๐Ÿš€๐ŸŒ“
*
Solar farm could take up to 2 years to commission, to see positive cash flow. Very often licence like lss4 is resold. 50mw at RM 0.20/kwh rate, pay back is >5 years.

This post has been edited by icemanfx: Mar 13 2021, 09:45 PM
infested_ysy
post Mar 13 2021, 10:09 PM

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QUOTE(ChAOoz @ Mar 13 2021, 08:44 PM)
Such a quiet weekend. Anyone waiting on solar lss4 tender biggrin.gif
*
Can't wait for Monday, my Esceram sure ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ
pinksapphire
post Mar 13 2021, 11:17 PM

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QUOTE(Kar Weng @ Mar 12 2021, 08:09 PM)
Thanks for the positive perspectives.
Haha jiejie want to know my secret? My acquisition price for TG is 5.22 ๐Ÿ˜…
But ya thereโ€™s still a possibility to lose confidence then cut loss la, given the very poor market sentiment against gloves. I wonder whatโ€™s TGโ€™s plan post-covid, if we can determine that then can better gauge the future.
*
5.22...adui, faint, lol
Kar Weng
post Mar 14 2021, 12:25 AM

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QUOTE(pinksapphire @ Mar 13 2021, 11:17 PM)
5.22...adui, faint, lol
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Why? Thatโ€™s still considered as the higher floors? ๐Ÿ˜ฑ
skty
post Mar 14 2021, 01:21 AM

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QUOTE(Kar Weng @ Mar 12 2021, 08:09 PM)
Haha jiejie want to know my secret? My acquisition price for TG is 5.22 ๐Ÿ˜…
But ya thereโ€™s still a possibility to lose confidence then cut loss la, given the very poor market sentiment against gloves. I wonder whatโ€™s TGโ€™s plan post-covid, if we can determine that then can better gauge the future.
*
what do you want to do with your TG?

do you have the mentality and $$$ to ride through until 3.5?

based on my experience with how IB operate, 3.5 is very likely. Do take note of this.

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