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 STOCK MARKET DISCUSSION V150

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Bendan[520]
post Dec 9 2020, 11:33 AM

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and I thought gloves will break downtrend.. yet we have a high volume sell-off. I out first..
Bendan[520]
post Dec 9 2020, 11:39 AM

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QUOTE(AVFAN @ Dec 9 2020, 11:37 AM)
you talk very loud.

as if you know the future.

be a bit more humble, please.
*
I talk charts..

what about you?

History already repeats so many times for TG QR.. I'm just taking it as a reference as it is a fact

This post has been edited by Bendan[520]: Dec 9 2020, 11:41 AM
Bendan[520]
post Dec 9 2020, 11:43 AM

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QUOTE(AVFAN @ Dec 9 2020, 11:41 AM)
as if charts are 100% cocksure about the future.

sure, you talk like a demi god.
*
I bet you're the one that say the same thing during the oct high of gloves..


Bendan[520]
post Dec 9 2020, 11:44 AM

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QUOTE(MedElite23 @ Dec 9 2020, 11:41 AM)
Sure he wouldn’t have said so if he was still holding gloves. So much bitterness after he realized 20k paper loss,scroll back to his old comment you’ll find it. These people usually disappear when they’re proven wrong,but takes all the credit and disregard the role of luck when it HAPPENS to be right,which is no better than flipping a coin haha
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Tsk tsk I aint bitter.. I have earned more than 100k from gloves.. and I sure love gloves.. I am waiting for my opportunity as well. my experience to myself is never fell in love towards a counter..

I'm just following the money trail.. giving 20k back is ok.

it just ticks me when you guys betting on gloves like going to genting lol..

people who pray for gloves should be long in /k/ not here..



This post has been edited by Bendan[520]: Dec 9 2020, 11:46 AM
Bendan[520]
post Dec 9 2020, 11:47 AM

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QUOTE(AVFAN @ Dec 9 2020, 11:46 AM)
another bragger.

just for the record.
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Dude dont need pin point everything I say..

He said I was bitter, I just gave him a piece of evidence that Im not.. I love gloves too..


omg.. dude.. chill
Bendan[520]
post Dec 9 2020, 11:56 AM

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QUOTE(Jack Bauer 525 @ Dec 9 2020, 11:54 AM)
temperatures are high for report card day.

i can ustand the topsy turvy mood those vested in high prices.

tg should set the tone w announcement later

may turn out good fingers crossed
*
I was so disappointed with the operator. pushing the prices down.. such a beautiful company with extremely good fundamentals..

I bought in yesterday..
Bendan[520]
post Dec 9 2020, 11:57 AM

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QUOTE(zstan @ Dec 9 2020, 11:56 AM)
Sinovac just refuted the findings though. haha. 97% of people got the antibodies doesn't mean it works
i don't think there will be any new surprises? QR will be amazing. TS probably gonna make statement glove demand still very high, factories under lockdown won't affect pproduction much etc.
*
normal protocol.. the kyy will publich article.. articles after articles.. no smart money coming in.. no one can save him..
Bendan[520]
post Dec 9 2020, 12:07 PM

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QUOTE(mujinkun @ Dec 9 2020, 12:04 PM)
I am newbie too. Wonder how and why without any taufan, the price go up suddenly?
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Because big brother UWC leading.. biggrin.gif

So sad I sold all at 7.30


Bendan[520]
post Dec 9 2020, 12:15 PM

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QUOTE(Taikor.Taikun @ Dec 9 2020, 12:11 PM)
I just sold at 9.31. Buy back next year
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I very salty.. cause of MI, made me sold UWC.. been riding UWC since 4..

doh.gif doh.gif

Manatau all my friends keep posting on whatsapp celebrating UWC hitting 9.4! bangwall.gif bangwall.gif
Bendan[520]
post Dec 9 2020, 01:17 PM

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QUOTE(Jack Bauer 525 @ Dec 9 2020, 12:09 PM)
that is why I facepalm yday when everyone cheered, where in fact gloves are not out of woods yet

small upticks yday, after days of doldrums

disappointed? haha you should compare mercator, intco etc vs our operators. butt of joke

i personally think its not entirely operators, its jittery retailers, thus you see volatility in gloves

why pbb rally today when its expensive? big funds play

i've hinted super unelected directors is disposing w small volumes big downsides (all coincides after their agm?)

directors selloff faced dsst wrath when they are in bod.

point is its healthier to stay sidelines and enter when coast is clear.

i'm not denying their fundamentals but am out of love for them atm. I only day trade at knee deep discounts.

days, weeks and months of roller coaster in the game is just not healthy. unker van said this is crowded pond under siege.

rather work our arse off in our day job or aim other counters/sectors.

my two cents la . I don't intend to pour scorn to those vested . cheers
*
I bought in yesterday due to the high volume indicating buyers are back, but today really is FIFO.. high volume selling, if werent for the high volume selling it would be a normal pullback I will ride.. but straight away high volume selling unable to break the downtrend line.. So I decided to pullout and wait.. I've waited since OCT..



QUOTE(andrekua2 @ Dec 9 2020, 01:13 PM)
I dont really know what to say to all these "tech" related stocks... all riding on 100x PER.
*
Usually these tech counters follow US side.. AMD reported immaculate earnings. so all follow suit..

However, although tech is high PE (which is riskier) they actually gave good results..

Eg.

KPOWER
UWC
JFTECH
INARI
FRONTKN
UNISEM

etc etc..


This post has been edited by Bendan[520]: Dec 9 2020, 01:19 PM
Bendan[520]
post Dec 9 2020, 01:25 PM

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QUOTE(lauwenhan @ Dec 9 2020, 12:33 PM)
I am a little flabbergasted here. But why is Supermax trading like a Chinese EV company (NIO/Li/Xpev) even though it has much better earnings and balance sheet? Like wth
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Just all in PLTR biggrin.gif
Bendan[520]
post Dec 9 2020, 01:28 PM

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QUOTE(Sir Talks Alot @ Dec 9 2020, 01:23 PM)
Still hold on to gloves? Mine still intact haven't sell yet.
*
I can't give u an exact answer because I'm a trader not an investor..

As much as I want to love gloves.. the chart isnt healthy to me now..

But if you're a value investor, since fundamentals of the company is top notch.. there might be a future, but in terms of my current deductions, the reason why glove companies now are making good profits now is due to the pandemic, once the pandemic is over and once everyone is vaccinated, the demand will drop.. hence it'll revert back to pre-covid state.. (not much movement) but that's just my 2cents, you need to do your DD
Bendan[520]
post Dec 9 2020, 01:30 PM

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QUOTE(Sir Talks Alot @ Dec 9 2020, 01:28 PM)
yep, very impressive.

however still have to depends on IBs to push up their share price.
*
Impressive earnings..

I really hope it goes up!

Congrats to all glove holders!
Bendan[520]
post Dec 9 2020, 01:32 PM

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QUOTE(skty @ Dec 9 2020, 01:29 PM)
Today different noises started again.

Yesterday noises are glove on the rise!

Today is just a fake rebound!

Ask yourself, what has change since then? Volatility has been expected until end of this year. If you decide not to sell yesterday, mean you are prepare to ride the roller coaster and prepare to harvest the fruit by next year, so don’t need to be disappointed, you are not “wrong”. If you chase high yesterday for short trade, then take it as a lesson because you have chosen the high risk way.

Bear in mind, tomorrow FDA is going to announce whether to approve the vaccine for emergency use. And 11 Dec onwards there are warrants expiring. So volatility is always there.

At the end of the day, big majority here are following wind to invest. Some even post “follow institution invest won’t go wrong”.

Haiz. Really heartbreaking when I see those. Still rather choose for fast money way instead of proven way.

I am curious about the dividend announcement and “good news” from TG. Guess I rather wait for the result outside of lowyat forum today. Very heartbreaking and disappointed.

I am out.

Cheers!
*
Bro!

Are you still holding JFTECH?

Looks like the operator pressing against me dry.gif


FDA is a big piece of news.. what we can do is stay at the sidelines for now.

Bendan[520]
post Dec 9 2020, 01:34 PM

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QUOTE(andrekua2 @ Dec 9 2020, 01:29 PM)
It is all guesswork. First, they goreng glove stocks. Then goreng courier stocks saying ppl now purchase more from internet (despite these courier cant even make money with increased traffic). After that said packaging will increase due to postage etc. Then say work from home thus buy furniture stocks (makes you wonder why everyone didnt have some sort of table or chair at home). Then MCO end say buy banking, leisure & travel stocks since economy will recover V shape. Then vaccine make news and pharmacy stocks rallied despite they are basically just a distribution center. Now already sing song for more projects and those construction/steel related counters also start goreng.
*
Ya even. you can tell where the trend is going.. whats next? chemicals?

HEXZA biggrin.gif
Bendan[520]
post Dec 9 2020, 01:37 PM

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QUOTE(Sir Talks Alot @ Dec 9 2020, 01:30 PM)
Same here, I am more to punter than investor.

However, I still put hope on glove counter.
*
I am still waiting for the right moment.. and I thought yesterday was the one! cry.gif

FIFO is strong with this one haha..

Now staying sidelines waiting to re-enter.
Bendan[520]
post Dec 9 2020, 04:10 PM

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QUOTE(zstan @ Dec 9 2020, 03:56 PM)
guess the demi god is right againn
*
Thank you! Looks like my crystal ball working. Wanna join my discord for good stock picks? sure to be a millionaire soon.
Bendan[520]
post Dec 9 2020, 04:11 PM

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QUOTE(Duckies @ Dec 9 2020, 04:10 PM)
Seems like glove cannot escape from the QR curse. Good QR out but glove dive.
*
Dont worry, did you add into your position? Looks like nice price to add more..
Bendan[520]
post Dec 9 2020, 04:14 PM

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QUOTE(gapipig @ Dec 9 2020, 04:12 PM)
I mao join biggrin.gif wub.gif
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Are you a trader or investor?

If you are investor.. you might call me a demi god cause charts dont say shit about technical trades... laugh.gif
Bendan[520]
post Dec 9 2020, 04:23 PM

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QUOTE(gapipig @ Dec 9 2020, 04:16 PM)
dunno leh.. I'm very new in all these.. I see some upward trends... then I try buy in for a bit of profit...
*
The current trend in BURSA is:

Tech
Semiconductors
Steel
Banks!

Avoid vaccine for the moment.
because MYEG is gonna distribute them instead of DPHARMA and PHARMANIAGA laugh.gif laugh.gif

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