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> STOCK MARKET DISCUSSION V150, Stay home and be safe

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icemanfx
post Yesterday, 10:54 PM

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QUOTE(coldbasecamp @ Jun 21 2021, 09:31 PM)
Serba Dinamik's company announcement is getting interesting...
Are they escaping a sinking ship?

Director's Resignation
user posted image
SOS
EPF sold 15,061,000 shares
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SOS
Let's see how KPMG, EY and Datuk Karim play the chess
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kpmg and ey are reputable and professional. both will likely come to similar conclusion.

coldbasecamp
post Yesterday, 11:08 PM

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QUOTE(icemanfx @ Jun 21 2021, 10:54 PM)
kpmg and ey are reputable and professional. both will likely come to similar conclusion.
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personally I am more inclined to KPMG's statement as a big chunk of their business and reputations came from auditing companies.
no point risking that for Serbadk.

besides I also feel fishy when one of the director proposed (retracted after) to replace KPMG with some other companies.
Taikor.Taikun
post Yesterday, 11:34 PM

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QUOTE(propertyfeature @ Jun 21 2021, 10:13 PM)
Good time to prepare bullets & load up one's selected stock pick
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Good stocks doesnt drop much. Many counters did not come down low enough. Some share prices r still considered high even though been dropping for few weeks. Buy now will get trapped for months if not versatile enough to play the volatility. Like Tenaga suddenly spiked to 10.44 then drop back level 10 but it wont drop below 9.93
coldbasecamp
post Yesterday, 11:43 PM

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QUOTE(Taikor.Taikun @ Jun 21 2021, 11:34 PM)
Good stocks doesnt drop much. Many counters did not come down low enough. Some share prices r still considered high even though been dropping for few weeks. Buy now will get trapped for months if not versatile enough to play the volatility. Like Tenaga suddenly spiked to 10.44 then drop back level 10 but it wont drop below 9.93
*
the sudden spike of Tenaga happened on last 30 minutes of Friday or Thursday I remember. Was monitoring the price too.

maybe because of this recent news:

TNB and DHL embark on greener supply chain development


QUOTE
Tenaga Nasional Bhd (TNB) and DHL Express Malaysia have signed a memorandum of understanding (MoU) that will explore the framework of greener supply chain development, highlighting both companies’ commitment to environmentally responsible business practices.

Taikor.Taikun
post Yesterday, 11:51 PM

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QUOTE(coldbasecamp @ Jun 21 2021, 11:43 PM)
the sudden spike of Tenaga happened on last 30 minutes of Friday or Thursday I remember. Was monitoring the price too.

maybe because of this recent news:

TNB and DHL embark on greener supply chain development
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And it fall 30 cents the next day. I had Tenaga at a much lower price. Wanted to increase shares but it never came down low enough. Expecting bad political climate soon. See how
coldbasecamp
post Yesterday, 11:52 PM

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QUOTE(Taikor.Taikun @ Jun 21 2021, 11:51 PM)
And it fall 30 cents the next day. I had Tenaga at a much lower price. Wanted to increase shares but it never came down low enough. Expecting bad political climate soon. See how
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I'm waiting for TENAGA at 9.50
joeblow
post Yesterday, 11:53 PM

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QUOTE(Taikor.Taikun @ Jun 21 2021, 11:51 PM)
And it fall 30 cents the next day. I had Tenaga at a much lower price. Wanted to increase shares but it never came down low enough. Expecting bad political climate soon. See how
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I still holding TNB at around 9.83. Hoping to go lower so that I can accumulate more. Money sitting at brokerage around 1 month plus already....
lowya
post Today, 11:57 AM

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fyi, Steel and Gold bounce.
icemanfx
post Today, 04:24 PM

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It seems the frequency/number of /k postings is directly correlated to market/retailers sentiment.

This post has been edited by icemanfx: Today, 04:24 PM
ChAOoz
post Today, 06:11 PM

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QUOTE(icemanfx @ Jun 22 2021, 04:24 PM)
It seems the frequency/number of /k postings is directly correlated to market/retailers sentiment.
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Too busy playing (shorting) crypto, that one too volatile need more focus and its more exciting now

This post has been edited by ChAOoz: Today, 06:28 PM
icemanfx
post Today, 06:47 PM

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QUOTE(ChAOoz @ Jun 22 2021, 06:11 PM)
Too busy playing (shorting) crypto, that one too volatile need more focus and its more exciting now
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CCP Vs #retailers, very volatile, interesting and 24/7 adrenaline rush.

[email protected]@
post Today, 09:08 PM

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QUOTE(icemanfx @ Jun 21 2021, 10:54 PM)
kpmg and ey are reputable and professional. both will likely come to similar conclusion.
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Sifu, what is your feedback of the latest “special announcement” today?
icemanfx
post Today, 09:59 PM

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QUOTE([email protected]@ @ Jun 22 2021, 09:08 PM)
Sifu, what is your feedback of the  latest “special announcement” today?
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EY will likely come to similar conclusion as KPMG. Could expect new episode of witch hunt.
RigerZ
post Today, 10:42 PM

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I am not sure about the below announcement,

[link]

it says the dividend policy "intends to" pay a minimum of 3.5 sen annually, but still subject to regular company reviews and business performance.

based on the phrase "intends to" , seems like at any time they can still change their dividend payment to a higher/lower amount.

or am I being too sensitive with the grammar sweat.gif


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