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 STOCK MARKET DISCUSSION V150

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HereToLearn
post Sep 1 2020, 03:49 PM

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Why Malaysia Airports Holdings Bhd still so strong even thought there is travel restriction with 2 consecutive quarters of -ve eps?
HereToLearn
post Sep 1 2020, 03:53 PM

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I missed those days when topglove and hartalega carried KLCI, the hype was so strong, almost everyone was making ez money.

The sentiment is slowly shifting, I wonder what will be the next hype for syndicate traders to target for the remaining 2 months? Pennies or vaccines?
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post Sep 1 2020, 03:56 PM

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QUOTE(bronkos @ Sep 1 2020, 03:54 PM)
At the rate mbb falling, your tp should be approaching this week.
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TP is below RM5.67 and is still very far away bro.
I remembered you were saying that if I counted it that way. I will never buy anything.

But if MBB doesnt drop to RM5.67, there are other better offered banks to buy.
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post Sep 1 2020, 04:04 PM

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QUOTE(GodTier @ Sep 1 2020, 03:59 PM)
Do you guys holding or DCA genting or not ?

My genting getting red, I dilemmas wanna dca or forget about it.

My genm pula very little profit.
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Travel restriction until 2H2021. I would avoid, but banks analyst giving a buy call on genting...
So I dont know lol. You decide yourself.

Like how I do not understand why MAHB is so strong with travel restriction and 2 consecutive -ve eps
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post Sep 1 2020, 04:07 PM

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QUOTE(bronkos @ Sep 1 2020, 03:58 PM)
I thought your tp is 6.80.

5.67 way too low, might loose the blue chip status at that rate.
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TPs purely based on PE with eps from 2019.

Maybank 73.4*8 = RM5.87
PBB 141.97*10 = RM14.2
HLB 130.23*10 = RM13.02
CIMB 46.98*8 = RM 3.76
BIMB 44.75*8 = RM 3.58
RHB 61.92*8 = Rm 4.95

P/B should also be taken into account. For banks, a lot of people like to use P/B to measure (because banks rely heavily on assets to make money), also lower P/B means if got cash flow problem, the bank has more to liquidate. Banks with lower P/B and higher RoA should be preferred.

This post has been edited by HereToLearn: Sep 1 2020, 04:07 PM
HereToLearn
post Sep 1 2020, 05:20 PM

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QUOTE(ChAOoz @ Sep 1 2020, 05:08 PM)
Seemed like our usual Bursa is back. Welcome to Year 2018 boys.

People all green we slightly red on daily basis with continuous foreign funds pulling out slowly.
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LOL
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post Sep 1 2020, 05:23 PM

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Maybank and CIMB almost retest march low LOL
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post Sep 1 2020, 09:21 PM

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QUOTE(bronkos @ Sep 1 2020, 08:57 PM)
My original plan to enter bank counters was to beat fd, hence the continuous purchase of banks stocks in recent weeks.

They are cheaper compare to pre covid quarters and was expecting the upcoming dividend.

However, dividend was not materialised for this quarter and imma wait for next year to see them coming.

I have no worries holding banking stocks during the current downtrend because they will be recovered in the near future as seen from previous economic crisis.

Key of holding banking stocks for now is patience.

And at the same time, i will continue to collect a few more lots if prices hit to March low.
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Chill bro, no one can predict the share price. If your aim is to beat the FD, you should be able to achieve that without a sweat.
Because even if the dividends are cut half this year (assuming earnings are cut 1/2), the counters you bought will still give a lot more than the FDs (provided that the banks maintain their promised payout ratio)

But you have close an eye on the paper loss for now la.

Buying value stocks during downturn is much safer than buying when there is a lot of BBB/UUU hype.
E.g. buying properties back in 2013 would have cut your networth into 1/2... mega_shok.gif cry.gif
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post Sep 2 2020, 12:07 AM

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QUOTE(silverwave @ Sep 1 2020, 11:00 PM)
Which stocks are you referring to?
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Tech and semicon in Malaysia most PE 40-50x. Already fully priced in the growth IMO
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post Sep 2 2020, 12:12 AM

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QUOTE(cofin @ Sep 1 2020, 11:57 PM)
dividend from banking stock really no kidding....for the past years i holding cimb i earn quite alot from the dividend

then the stupid me go take the dividend buy lousy stock lol .....LHI then end up losing
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If I recall correctly, your CIMB was about RM5? so about 5% div yield?
Now at this valuation, even more attractive (post economy recovery), but lose in the opportunity cost if buy now and potentially lose few more shares that you could have bought with your capital if this counter continues to drop
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post Sep 2 2020, 10:50 AM

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HLB and HLFG continue rising... Do syndicate traders also included HLB and HLFG in the list now??
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post Sep 2 2020, 10:52 AM

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QUOTE(mitodna @ Sep 2 2020, 10:49 AM)
me gg on Harta, i got it at 17.45, no eyes see
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If you bought without the intention to invest but for trading, then can cut already...

It looks like Harta and Kossan have formed the Head and Shoulder pattern already
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post Sep 2 2020, 10:57 AM

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QUOTE(skty @ Sep 2 2020, 09:51 AM)
resurgence of bank sector?  biggrin.gif
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I would wait for leading indicators (just 2 weeks more, no FOMO) to turn positive, then ONLY start buying
- Sept 10: BNM MPC meeting on OPR (currently 1.75%, if no reduced, then good sign)
- Sept 11: July unemployment data (currently 4.9%, if reduced, then good sign)

Copper price is on the upward trend since March low, not expecting any stock market crash soon.
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post Sep 2 2020, 11:21 AM

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QUOTE(Vanguard 2015 @ Sep 2 2020, 11:09 AM)
Some of the forumers here have turned their attention to banking stocks and gaming stocks which have been battered down recently.

Some other stocks which could be of interest are HEIM and Carlsberg. These stocks have been battered down about 7% to 16% over the past 3 months. Their recovery is expected in 2021.

Many moons ago, I also wrote that BAT may be worth looking into once it drops to RM10. Well, it is trading at RM10.20 now. 

Are these sin stocks worth a punt now?
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QUOTE(ZeroSOFInfinity @ Sep 2 2020, 11:11 AM)
I am so tempted to buy HEIM and Carlsberg due to its dividends. But..... I dunno man. It seems it might fall even more after that....
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Only down 7 to 16%, limited upside for recovery. Better sailang banks if want to pay the recovery theme later.

I would avoid BAT, long term outlook is very bad. Every year making less and less revenue and net profit. Not good for long term investment.

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post Sep 2 2020, 11:27 AM

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QUOTE(Vanguard 2015 @ Sep 2 2020, 11:21 AM)
The current divided yield.

BAT is 9.6%.
HEIM is 5.2%.
Carlsberg is 3.3%.

Some forumers here say that we should not be too focused on the dividend yield. If the stock continue to trend downwards, even the dividends will not be enough to cover the losses. For e.g. BAT has lost about -48.5% over the past one year. The DY will not be enough to cover the losses.

Although valuation wise, the most attractive stock now is BAT. But is the worst over? The problem of illicit cigarettes remain unsolved and BAT is still bleeding. This is not an MCO problem but a black economy problem.
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Cant value based on dividend yield only man, its dividend per share is decreasing annually. Its share price is falling so much per year that, it can always maintain dividend yield of 10%.
E.g.
Year 1: RM50, DPS = RM5
Year 2: RM40, DPS = RM4
Year 3: RM30, DPS = RM3

It has negative growth on revenue and profit, must avoid. IF not growth, 10% div yield is attractive. But negative growth, will bring you to holland

This post has been edited by HereToLearn: Sep 2 2020, 11:29 AM
HereToLearn
post Sep 2 2020, 11:51 AM

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QUOTE(ry8128 @ Sep 2 2020, 11:47 AM)
Just received some info about gloves, not sure true or not. For those not trading based on rumours, then dun open better.

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


Again, true or not i duno  laugh.gif
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They can always sell and crash the counters if thats true, but i guess everyone wants to maximize profit. Slowly distributing is the only way to maximize profit IF thats true. Which source though?
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post Sep 2 2020, 11:54 AM

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Btw the reason for bank counters to crash yestready was due to foreign selling.
They sold 380, all bought and tanked by institutions (179) and retailers (200)
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post Sep 2 2020, 12:07 PM

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QUOTE(immobile @ Sep 2 2020, 12:04 PM)
wow harta dropped....dammmmmm
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Price went too much ahead of fundamentals, just a minor correction compared to RM7.25 back in May
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post Sep 2 2020, 02:06 PM

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QUOTE(skty @ Sep 2 2020, 12:28 PM)
those are kacing putih. The big one is at behind.  biggrin.gif
don't keep mention that two. I am waiting for it to drop further after budget.  dry.gif
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Dont worry your alcholic counters will crash. Will remain closed during RMCO (until end of 2020, unless RMCO is extend)
https://worldofbuzz.com/pm-doesnt-matter-if...to-follow-sops/
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post Sep 2 2020, 02:53 PM

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QUOTE(bronkos @ Sep 2 2020, 02:47 PM)
any solid reason why TG kinda underperform a day before bonus issue?
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-/+1% is nothing, it is normal stock price fluctuations.

QUOTE(bronkos @ Sep 2 2020, 02:50 PM)
that 1 big fund who sai lang supermax last mins on last Thursday gonna be sweating heavily this 2 days.
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Maybe the big fund wants to play the possible post bonus issue hype.

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