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 STOCK MARKET DISCUSSION V150

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ben3003
post Jan 4 2021, 11:25 AM

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QUOTE(Vanguard 2015 @ Jan 4 2021, 11:18 AM)
I keep stacking up pyramid style for Top Glove. 3 rounds in total.
We hope for the best. My portfolio is green now for SuperGlove and Supermax. Flat for Kossan. Red for Harta.
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wow uncle Van, ur topup must be big to bring ur avg buying price down. Last i know ur buying price around 7-8 for spmx.
ben3003
post Jan 4 2021, 12:33 PM

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i dont see rakuten has short selling option. bank brokers got?
ben3003
post Jan 5 2021, 10:33 AM

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spmx or TG better buy now? thinking of averaging down my spmx but TG seems have more news than spmx lol.

This post has been edited by ben3003: Jan 5 2021, 10:34 AM
ben3003
post Jan 5 2021, 10:42 AM

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QUOTE(Syie9^_^ @ Jan 5 2021, 10:41 AM)
buy BOTH laugh.gif
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i tot so too doh.gif but with limited bullet.. did cut loss at 6.++ , now seems like got abit hope after the news ytd should be able to carry above 6
ben3003
post Jan 5 2021, 11:10 AM

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QUOTE(annoymous1234 @ Jan 5 2021, 10:47 AM)
why did u cut loss
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tot it will go down below and under, so just cut it off, but it really did went down to 5 lol.
ben3003
post Jan 5 2021, 11:15 AM

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QUOTE(skty @ Jan 5 2021, 11:11 AM)
RSS has no time limit as they can keep renew the contract.

Don't worry. RSS is good.  smile.gif
good luck.  thumbsup.gif

hope you manage to buy back at the price you desired.
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not really desired price, shud have went in ytd, or did i jinx it.. when i enter start drop abit doh.gif
ben3003
post Jan 6 2021, 09:37 AM

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QUOTE(ChAOoz @ Jan 6 2021, 09:34 AM)
If the glove bubble were to burst, go get Harta instead of TG.

One is playing stock market, one is still concentrating to win over the competition and change the industry.
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agreed on this. Hartalega production line much more advanced. But then, cheap labor is still cheap.
ben3003
post Jan 6 2021, 01:53 PM

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QUOTE(AVFAN @ Jan 6 2021, 01:50 PM)
it's the same in almost all bourses, USA worst.

just too much money chasing everything, incl money losing stocks.

bursa, we have "goreng" - u can throw anything into the wok, can goreng. laugh.gif

seriously, if u wanna go in... should u go into money losing ones or money making ones at this time?

ok, some will say "forward looking"... like tesla... PE 115... maybe people expecting laser blasters and teleport devices in 20 years time?
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US space force oledi ada ma.. coming soon lol.
ben3003
post Jan 6 2021, 02:24 PM

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QUOTE(Duckies @ Jan 6 2021, 02:20 PM)
Exactly..how high is high? How normal is normal? We need to have a baseline to compare to say it's high or too high. If we compared it with Apple or Microsoft then it's not too high. But those companies are no Apple or Microsoft  hmm.gif
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u got your point. but malaysia is not high tech company, so they may-be can become Apple microsoft of malaysia, cos no choice ma, at malaysia wat else u have..
ben3003
post Jan 6 2021, 02:30 PM

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QUOTE(Duckies @ Jan 6 2021, 02:26 PM)
These tech stocks are going crazy right now because of covid. All stay at home ma then sure use tech! But then...they are no Apple or Microsoft la, their revenue are not even near hmm.gif

With this in mind, how well will tech stock do in the coming 2021 hmm.gif
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but they are more like manufacturing tech stock, not like apple or microsoft those tech stock. Mean they their end product is not wat u use at home.. or the service they provide. if like netflix, spotify those make sense with high PE.

maybe their customer will have more orders from them la.. but then, like what u said overpriced.

What i meant is that they are what we only can get in our bursa, so they kena goreng become the tech stock like US lo lol.
ben3003
post Jan 6 2021, 03:12 PM

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Jaks keep falling, back to my entry price already.. dunno can topup or not. seems like alot ppl at i3 confident in this stock lol.
ben3003
post Jan 7 2021, 09:35 AM

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globally oil and gas counter up, but malaysia all laosai..
ben3003
post Jan 7 2021, 09:45 AM

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QUOTE(HereToLearn @ Jan 7 2021, 09:39 AM)
Same to the banks. The, globally also up, US 7%, EURO 6%.
RSS + Politics combo.

Gratefully, I sold most of my holdings end of last year, although I should had sold all
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ur bank also sold? later come back again ka? smile.gif now cimb back to almost 4 lol. i hold serba but seems like cannot move and dropping.. thinking to average down.
ben3003
post Jan 7 2021, 10:05 AM

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QUOTE(HereToLearn @ Jan 7 2021, 09:55 AM)
Luckily still have more than 70% left cash. I am still thankful despite making the mistake that I did not sell all  mega_shok.gif
Will definitely buy back again, but for now, I will wait, KLFI has a high chance to drop to 14500
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rclxms.gif rclxms.gif i think if longer term better have to wait for this political situation to become better.
ben3003
post Jan 7 2021, 12:22 PM

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QUOTE(SGSuser @ Jan 7 2021, 12:05 PM)
topped up my tguan 2nd batch
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technical buy bro?
ben3003
post Jan 7 2021, 12:40 PM

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QUOTE(SGSuser @ Jan 7 2021, 12:38 PM)
yea sort of  biggrin.gif
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haha ok.. i also monitor since 2.5+ but don dare in cos everyday keep dropping..
ben3003
post Jan 7 2021, 02:53 PM

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gloves starting to go down..
ben3003
post Jan 8 2021, 10:39 AM

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QUOTE(MedElite23 @ Jan 8 2021, 10:30 AM)
TGuan took off earlier than I expected, haven’t even collected enough tickets..and we just talked about it yesterday haha.. biggrin.gif
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lol i collected at 2.35 abit only.. but dropped to 2.31 at close.. hopefully go higher
ben3003
post Jan 8 2021, 10:42 AM

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QUOTE(New Klang @ Jan 8 2021, 10:40 AM)
Tguan
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Volume macam not enuf to push up..
ben3003
post Jan 8 2021, 04:04 PM

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QUOTE(Duckies @ Jan 8 2021, 03:47 PM)
Eh need to be 70USD/bbl only gain? I thought only 50USD/bbl?  hmm.gif
I know Hibiscus, Valesto and Petronm is upstream as in korek oil. Hengyuan is doing refinery right? Consider upstream also?

Dayang I think is doing ship maintenance which is middlestream.

So upstream benefits first from increase of oil price?
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actually is alot more complicated. In upstream we have Operator which is oil producing company like Hibiscus, Petronas, shell etc. Then we have service company is like Velesto those, velesto doesnt producing oil, they provide korek oil service. Then we have Dayang, Serba dinamik, petra etc which provide maintenance, vessel leasing services. Also upstream we have EPCIC contractor doing fabrication of topsides and FPSO like MMHE which is under MISC.

then we have midstream, which is providing oil storage, processing or transportation service. Dialog is the more prominent midstream company but they also have upstream and downstream i think? Probably bumi armada also falls under here which FPSO can be considered part of midstream.

Downstream is more to refinery, we have like Petronas also in downstream business because they have refinery, shell malaysia only sell gasoline refined by Hengyuan, but shell also in downstream business like SMDS and lubricant. Hengyuan and Petron is same both pure downstream.

I believe upstream is favorable when oil price go up. Midstream up down also untung. Downstream when oil price drop they should be happy because lower cost. correct me if im wrong.

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