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 STOCK MARKET DISCUSSION V150

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Taikor.Taikun
post Mar 15 2021, 01:57 PM

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QUOTE(Assassin's @ Mar 15 2021, 12:31 PM)
One of its customer (Lordstown) got accused of faking order for its truck.

Now that EPF is coming onboard with UWC, I'm starting to favor more towards UWC over Greatech even though I own both stock.

For those interested in catching this falling knife, please remember what happened to KGB. When you see a large volume of selling, it pays to wait for a clear sign of rebound.
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Topped up UWC this morning. Awaiting rebound
Syie9^_^
post Mar 15 2021, 02:05 PM

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QUOTE(ChAOoz @ Mar 15 2021, 02:45 PM)
Lose bidding loh.

Anyway for solar project win bidding not necessarily profitable ya. It's too freaking bloody now, I'm just waiting for the result announcement to catch a wave and bump up my profit for TP.
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thus samaiden no more future?
icemanfx
post Mar 15 2021, 02:23 PM

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QUOTE(andrekua2 @ Mar 15 2021, 12:37 PM)
It didnt matter...

After all, glovemakers got billions to burn now... ching ming is near. Just burn all those cash building ghost factories waiting for covid 29 or h30n30. When it comes, they just need to flip the switch to print money again.
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Current pandemic is a once in the century event; unlikely to reoccur again soon. from recent experience, public healthy authorities will control next outbreak better.



icemanfx
post Mar 15 2021, 02:29 PM

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QUOTE(ChAOoz @ Mar 15 2021, 01:17 PM)
On the flip side, someone else is actually doing project related to Tesla in Penang also.

Maybe EPF also catch the wind on this  tongue.gif  tongue.gif

Woop woops but no confirmed sources.
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Comparing with other car manufacturers, tsla's volume is small. besides goreng, tsla share price has no link to vendor's volume or profit.

This post has been edited by icemanfx: Mar 15 2021, 02:29 PM
AVFAN
post Mar 15 2021, 02:35 PM

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QUOTE(Taikor.Taikun @ Mar 15 2021, 01:42 PM)
Falling close to my initial entry point. Still profit though. Im not gonna budge this time. Been letting go many good stocks. Will hold Greatech tight
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looks like tech ones all on sale today - greatec, uwc, inari, jftech...

how to choose?! biggrin.gif

icemanfx
post Mar 15 2021, 02:41 PM

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Short sellers are circling AirAsia Group Bhd. after the stock more than doubled from recent lows.

The carrier, once the pioneer of a low-cost flying revolution in Asia, is now the third-most shorted stock by volume in Malaysia, exchange data show. Top Glove Corp. remains at the top of short sellers’ list, which includes other glove makers such as Kossan Rubber Industries Bhd. and Hartalega Holdings Bhd.

https://www.bloomberg.com

SUSNew Klang
post Mar 15 2021, 02:46 PM

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Greatec.....


Wait first

Dont want to be KGB 2.0
ChAOoz
post Mar 15 2021, 02:48 PM

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QUOTE(icemanfx @ Mar 15 2021, 02:29 PM)
Comparing with other car manufacturers, tsla's volume is small. besides goreng, tsla share price has no link to vendor's volume or profit.
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True that, but Tesla factory is expanding like mad all over the places.

So those supporting capital equipment are actually very good. We are not talking about car parts, but rather the machinery to build and test the cars.
icemanfx
post Mar 15 2021, 02:59 PM

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QUOTE(ChAOoz @ Mar 15 2021, 02:48 PM)
True that, but Tesla factory is expanding like mad all over the places.

So those supporting capital equipment are actually very good. We are not talking about car parts, but rather the machinery to build and test the cars.
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How much revenue in $ and % of revenue to tsla?

This post has been edited by icemanfx: Mar 15 2021, 03:00 PM
Taikor.Taikun
post Mar 15 2021, 03:01 PM

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QUOTE(AVFAN @ Mar 15 2021, 02:35 PM)
looks like tech ones all on sale today - greatec, uwc, inari, jftech...

how to choose?! biggrin.gif
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Inari best potential for long term but slow. Other rise fast, down fast
icemanfx
post Mar 15 2021, 03:07 PM

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QUOTE(Taikor.Taikun @ Mar 15 2021, 03:01 PM)
Inari best potential for long term but slow. Other rise fast, down fast
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user posted image

Typical of goreng share. but many expect price shoot to the moon.


This post has been edited by icemanfx: Mar 15 2021, 03:09 PM
greyPJ
post Mar 15 2021, 03:08 PM

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QUOTE(AVFAN @ Mar 15 2021, 02:35 PM)
looks like tech ones all on sale today - greatec, uwc, inari, jftech...

how to choose?! biggrin.gif
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last qr profit ranking

no 1 inari
no 2 mpi
no 3 unisem

mpi has lowest pe.

us 10 year bond rate fluctuating at 1.630 now

nasdaq most probly red again tonite.

next week still got chance to buy in after this friday quadruple witching.
Taikor.Taikun
post Mar 15 2021, 03:08 PM

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QUOTE
Malaysia’s rubber glove revenue to grow 8% to RM38b this year, says MARGMA

https://www.theedgemarkets.com/article/mala...ear-says-margma
Still growing. More areas using gloves after this pandemic n developing countries r catching up to meet new standards for gloves. Demands will not go back to pre-pandemic level.

As such, glove companies should give more dividends like TG
ChAOoz
post Mar 15 2021, 03:11 PM

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QUOTE(icemanfx @ Mar 15 2021, 02:59 PM)
How much revenue in $ and % of revenue to tsla?
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Well if you know the industry, you can check how many test machine they sold a quarter and how much those test machine contribute to their bottom line. No need much sometime single digit units will impact the whole company quarter result.

Anyway Tesla is not the biggest automotive maker by volume shipped, but they are indeed the one spending the most on capital expenditure. This is due to their market cap allowing them to expand like crazy.

If you buy into automation company supporting Tesla, you are not looking at how many car they shipped. You are looking at how many factory they are building. And Tesla is champion now in terms of expansion compare to all established automaker.

Go see for yourself how many new factory they are building and compare that to your Toyotas and GM new factory.

https://electrek.co/2021/01/12/tesla-factor...-could-soon-be/


AVFAN
post Mar 15 2021, 03:14 PM

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QUOTE(greyPJ @ Mar 15 2021, 03:08 PM)
last qr profit ranking

no 1 inari
no 2 mpi
no 3 unisem

mpi has lowest pe.

us 10 year bond rate fluctuating at 1.630 now

nasdaq most probly red again tonite.

next week still got chance to buy in after this friday quadruple witching.
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looking for a couple just to trade... probably go for the smaller cap ones.

QUOTE(Taikor.Taikun @ Mar 15 2021, 03:08 PM)
Still growing. More areas using gloves after this pandemic n developing countries r catching up to meet new standards for gloves. Demands will not go back to pre-pandemic level.

As such, glove companies should give more dividends like TG
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agree... by next qtr, which is 4 full qtrs of mighty profits, any of them still stinge on dividend will get whacked hard. biggrin.gif
pinksapphire
post Mar 15 2021, 03:16 PM

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Suddenly many looking at Greatech and UWC, lol...good, keep this place alive...I take it that many are buying into this once it hits the low, but are you guys keeping it for long term or frying purpose?
gapipig
post Mar 15 2021, 03:28 PM

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QUOTE(daidragon12 @ Mar 15 2021, 12:22 PM)
What happened to greatec? Other techs fall but not as much
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I actually have no clue.. I heard it was due to lordstown motors...
ChAOoz
post Mar 15 2021, 03:34 PM

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QUOTE(AVFAN @ Mar 15 2021, 02:35 PM)
looks like tech ones all on sale today - greatec, uwc, inari, jftech...

how to choose?! biggrin.gif
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No hurry to buy, valuations still sky high.

If you see no trend support just give it a pass. I'm vested and stuck cause im hoping for a stimulus fueled tech/meme stock rally. But I'm also a realist and so far it had not hit my 30% cutloss threshold so I'm gonna see this through.

To be honest our local "Tech" should have 30 - 50x P/E valuation max.

This post has been edited by ChAOoz: Mar 15 2021, 03:35 PM
Taikor.Taikun
post Mar 15 2021, 03:36 PM

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QUOTE(pinksapphire @ Mar 15 2021, 03:16 PM)
Suddenly many looking at Greatech and UWC, lol...good, keep this place alive...I take it that many are buying into this once it hits the low, but are you guys keeping it for long term or frying purpose?
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My style, i prefer long term.

Despite weeks of correction some prices r still high so hard to aim long term. Like Unisem, i bought 5 it’s now 7. Long way to go to reach level 5. My Greatech is still green in my portfolio, keeping for long term
icemanfx
post Mar 15 2021, 03:38 PM

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QUOTE(ChAOoz @ Mar 15 2021, 03:11 PM)
Well if you know the industry, you can check how many test machine they sold a quarter and how much those test machine contribute to their bottom line. No need much sometime single digit units will impact the whole company quarter result.

Anyway Tesla is not the biggest automotive maker by volume shipped, but they are indeed the one spending the most on capital expenditure. This is due to their market cap allowing them to expand like crazy.

If you buy into automation company supporting Tesla, you are not looking at how many car they shipped. You are looking at how many factory they are building. And Tesla is champion now in terms of expansion compare to all established automaker.

Go see for yourself how many new factory they are building and compare that to your Toyotas and GM new factory.

https://electrek.co/2021/01/12/tesla-factor...-could-soon-be/
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Production capacity determine factory size, equipment, machinery, etc.


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