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 STOCK MARKET DISCUSSION V150

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Boon3
post Dec 15 2021, 01:16 PM

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QUOTE(andrekua2 @ Dec 15 2021, 01:07 PM)
When a few of my shitcoins collections moon 1000x  drool.gif  drool.gif  drool.gif
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rolleyes.gif rolleyes.gif rolleyes.gif


billy_overheat
post Dec 15 2021, 01:37 PM

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QUOTE(andrekua2 @ Dec 15 2021, 01:07 PM)
When a few of my shitcoins collections moon 1000x  drool.gif  drool.gif  drool.gif
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Did I hear shitcoins? What shitcoins Lai intro tongue.gif

Wouldn't pumping shitcoins easier than tg?

Don't rugpull me though laugh.gif
andrekua2
post Dec 15 2021, 01:39 PM

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QUOTE(billy_overheat @ Dec 15 2021, 01:37 PM)
Did I hear shitcoins? What shitcoins Lai intro tongue.gif

Wouldn't pumping shitcoins easier than tg?

Don't rugpull me though laugh.gif
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I dont remember... I just spent a couple dollar on each and just leave it there...
Taikor.Taikun
post Dec 15 2021, 02:14 PM

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QUOTE(adam1190 @ Dec 15 2021, 12:00 AM)
Kossan share price very tempting..
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Just wait for 'news' that would fuel the rise. Else, just KIV such counters
prophetjul
post Dec 15 2021, 02:26 PM

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QUOTE(Boon3 @ Dec 15 2021, 09:03 AM)
Just looked at Sapnrg numbers...

total borrowings is > 10 billion...

cash < 600 million.
shocking.gif
how to rescue??
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OUCH! Easy peasy money for the ex CEO. Just build up unprofitable portfolio of 10 billion. Sounds nice, does it not?
i hope EPF got rid early on!
IMBeta305
post Dec 15 2021, 04:55 PM

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QUOTE(Boon3 @ Dec 15 2021, 01:02 PM)
The academics teaches that share buybacks are good. In theory yes. And actually I do agree....the theory.

But in examples I have seen (like MPI's buyback during the dotcom/semicon crash) ? My answer is no. Share buybacks still involves the process of buying the shares from the market. If the process is badly executed then it's a pure waste of shareholder funds.

As it is, TG splashed 1.4 billion in share buybacks this round.

At this moment, TG shares is worth only 1.98. Meaning those shares bought is only worth 391 million.

1.020 billion of the shareholder funds is gone... poooof! .......  just like that...
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Are there any in real life example where SBB actually do the shareholders good? or most of them just fails.

Good SBB Example
adam1190
post Dec 15 2021, 05:03 PM

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QUOTE(Taikor.Taikun @ Dec 15 2021, 02:14 PM)
Just wait for 'news' that would fuel the rise. Else, just KIV such counters
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yup understand, surprisingly turn green today..
yhtan
post Dec 15 2021, 06:04 PM

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From: lolyat


QUOTE(Boon3 @ Dec 15 2021, 08:54 AM)
Kossan and Harta reacts slowest to changes to ASP .... ie they are the slowest to change their ASP compared to the top 2 glove makers...
hence their profits rises/falls slower compared to other glove makers...
which means...  one really do not know YET how bad their profits will fall.....
so if one buys now, one has to be prepared for the incoming decline in profits....
would the market be gentle/kind for the poor results in the future?

yea... lots of cash on hand... but hasn't this the case for both of them?
one can invest and assume that the company could be generous with their dividends but .... end of the day that's the 'assumption' one makes...
the company could always use the cash for something else... wink.gif
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Harta order normally 6 months or longer, majority of their order already taken up ahead with future price factor in. As for the ASP drop, it is affecting the spot order the most whereby future order is quite likely depends on various figure/countries.

Several years ago i notice Topglove is losing market share in EU/US market year by year whereby their standard is quite stringent, or it could be the expansion of glove and shrink EU/US market. Market circulating around China has mass expansion in glove production but i can frankly tell u only a few manage to met US/EU market requirement.

Harta has the best cost control and majority of their capacity for US/EU market, Kossan on the other hand is mainly at US/EU surgical glove, Supermax also has fair share in US/EU and mainly at South America.

If u ask me China massive expansion will hurt which one, i would say Topglove. Just my 2 cent only icon_rolleyes.gif
Boon3
post Dec 15 2021, 06:14 PM

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QUOTE(yhtan @ Dec 15 2021, 06:04 PM)
Harta order normally 6 months or longer, majority of their order already taken up ahead with future price factor in. As for the ASP drop, it is affecting the spot order the most whereby future order is quite likely depends on various figure/countries.

Several years ago i notice Topglove is losing market share in EU/US market year by year whereby their standard is quite stringent, or it could be the expansion of glove and shrink EU/US market. Market circulating around China has mass expansion in glove production but i can frankly tell u only a few manage to met US/EU market requirement.

Harta has the best cost control and majority of their capacity for US/EU market, Kossan on the other hand is mainly at US/EU surgical glove, Supermax also has fair share in US/EU and mainly at South America.

If u ask me China massive expansion will hurt which one, i would say Topglove. Just my 2 cent only icon_rolleyes.gif
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The chances are great that the glove sector will become a sunset industry again...


yhtan
post Dec 15 2021, 06:20 PM

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QUOTE(Boon3 @ Dec 15 2021, 06:14 PM)
The chances are great that the glove sector will become a sunset industry again...
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i don't think so will become sunset industry, for the past 20 years a lot of M&A and left the big 4 around in Malaysia, with the economy of scale i doubt other can dethrone them within a short period. Most importantly is, glove demand is still there and increasing year by year, now the main problem is oversupply.
Boon3
post Dec 15 2021, 06:43 PM

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QUOTE(yhtan @ Dec 15 2021, 06:20 PM)
i don't think so will become sunset industry, for the past 20 years a lot of M&A and left the big 4 around in Malaysia, with the economy of scale i doubt other can dethrone them within a short period. Most importantly is, glove demand is still there and increasing year by year, now the main problem is oversupply.
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Just as late as 2018, research reports still talked about how the industry was still facing Sars issues such as oversupply and price wars. This round, the oversupply impact will be greater... as such.. Asp will be on a longer decline... that's my opinion.
Boon3
post Dec 15 2021, 07:05 PM

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QUOTE(Boon3 @ Dec 15 2021, 06:43 PM)
Just as late as 2018, research reports still talked about how the industry was still facing Sars issues such as oversupply and price wars. This round, the oversupply impact will be greater... as such.. Asp will be on a longer decline... that's my opinion.
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yhtan

Correction it was 2019 and not 2018.

Can refer to this post... post #55824

or see inside...
» Click to show Spoiler - click again to hide... «

Randomization
post Dec 16 2021, 05:28 PM

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Wah, no post today.

Really quiet day.

All holiday already or planning for 2022?
icemanfx
post Dec 16 2021, 05:51 PM

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QUOTE(Randomization @ Dec 16 2021, 05:28 PM)
Wah, no post today.

Really quiet day.

All holiday already or planning for 2022?
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Either very busy with day job, start drinking from lunch, catching up with gossips, or leaving the country for long awaited holiday. YOLO.

statikinetic
post Dec 16 2021, 06:18 PM

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QUOTE(Randomization @ Dec 16 2021, 05:28 PM)
Wah, no post today.

Really quiet day.

All holiday already or planning for 2022?
*
Preparing for year end closing, and then the year end holidays.
2022 planning & budgeting sudah settled last month.
anakMY
post Dec 17 2021, 08:29 AM

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QUOTE(Randomization @ Dec 16 2021, 05:28 PM)
Wah, no post today.

Really quiet day.

All holiday already or planning for 2022?
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bursa no volume, thats y la quiet.
Boon3
post Dec 17 2021, 09:26 AM

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QUOTE(Boon3 @ Oct 16 2021, 09:37 AM)


since I had searched those stocks via yahoo finance, I can easily refer back at a quick glance...

the prices during that 'divergence'..

1. Intel  stock closing price on 6th Oct = 53.98
2. NVIDIA  stock closing price on 6th Oct = 207
3. Micron tech  stock closing price on 6th Oct = 69.94
4. AMD  stock closing price on 6th Oct = 103.64
5. Qualcom  stock closing price on 6th Oct =  128.06
6. Texas Ins  stock closing price on 6th Oct = 194.39

prices right now...

user posted image

wink.gif
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and since Nasdaq errr .... 'mati' or had a correction last night... i thought i look see..

user posted image

if one had sold based on that 'macd divergence' thingee on 6th Oct ... one would had let some big winners lari ayam..... sweat.gif sweat.gif
Davidtcf
post Dec 17 2021, 09:48 AM

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QUOTE(Boon3 @ Dec 17 2021, 09:26 AM)
and since Nasdaq errr .... 'mati' or had a correction last night... i thought i look see..

user posted image

if one had sold based on that 'macd divergence' thingee on 6th Oct ... one would had let some big winners lari ayam.....  sweat.gif  sweat.gif
*
But nice what. 4 of your stocks went up a lot in 2 months time. Would suggest to stay off Intel they are facing a lot of competition from AMD. High cost of operating their business also. I worked there for a brief period last time so I know their company challenges. Is like big elephant la so use to all the goodies and being monopoly.. Suddenly this AMD underdog come in and steal much biz away.. Hard for them to adapt.

AMD new chips pose a treat to them also especially in the gaming market. If one day AMD even exceeds them in the corporate and server market then gg liao. AMD being really innovative and aggressive all these while. AMD buying over ATI last time is also a good move.

This post has been edited by Davidtcf: Dec 17 2021, 09:56 AM
Boon3
post Dec 17 2021, 09:58 AM

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QUOTE(Davidtcf @ Dec 17 2021, 09:48 AM)
But nice what. 4 of your stocks went up a lot in 2 months time. Would suggest to stay off Intel they are facing a lot of competition from AMD. High cost of operating their business also. I worked there for a brief period last time so I know their company challenges. Is like big elephant la so use to all the goodies and being monopoly.. Suddenly this AMD underdog come in and steal much biz away.. Hard for them to adapt.

AMD new chips pose a treat to them also especially in the gaming market. If one day AMD even exceeds them in the corporate and server market then gg liao. AMD being really innovative and aggressive all these while. AMD buying over ATI last time is also a good move.
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Err.... nice?


The original idea was to SELL upon seeing the MACD divergence on the NASDAQ chart...

this post was merely a simple test to TEST OUT such theories.....




but ya... unless you click on the small arrow on the right .... you probably would not realise what the post is all about.... laugh.gif

This post has been edited by Boon3: Dec 17 2021, 10:00 AM
Davidtcf
post Dec 17 2021, 10:07 AM

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QUOTE(Boon3 @ Dec 17 2021, 09:58 AM)
Err.... nice?
The original idea was to SELL upon seeing the MACD divergence on the NASDAQ chart...

this post was merely a simple test to TEST OUT such theories.....
but ya... unless you click on the small arrow on the right .... you probably would not realise what the post is all about....  laugh.gif
*
Theories can work or not work.
Most important is to know the company well before buying. For me I buy and hold long. If trader then more risk involved. Good luck.

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