still want all in?

dow future -6XX now 

24,966.0 -630.0    -2.46%

Buy low sell high.

I thought /k modus operandi is buy high sell low

Anyway, MBSB sure no dividend now.....
Others like gamuda and Ambank you think got ka?

The can’t-miss rise of equity markets around Asia is fueling the explosion of interest among retail investors in the region, mirroring their exuberance worldwide. Millions of investors who had never so much as opened a trading account before have been piling into the market.
....
The can’t-miss rise of equity markets around Asia is fueling the explosion of interest among retail investors in the region, mirroring their exuberance worldwide. Millions of investors who had never so much as opened a trading account before have been piling into the market.
....
In Japan, the Tokyo Stock Exchange Mothers Index, which hosts many tech start-up listings, has soared throughout the pandemic: buying the dip on almost any small-cap stock would make money. All but seven of the 320 companies on the board have gained since April’s start, from vaccine hopeful Agnes Inc., up 235%, to Precision System Science Co., which is developing a virus test and has added more than 480%.

Japan's Mothers startup board has outpaced the broader Topix this year
“If there’s a report on TV about a coronavirus-related stock that’s going up, they can just buy it the next day and make profit,” said Naoki Murakami, a long-time Japanese day-trader. He points to “simple” bets by amateur investors on stocks such as AnGes or Avigan maker Fujifilm Holdings Corp.

In the U.S., Robinhood and the Reddit forum called r/wallstreetbets have become a dominant force in the market, boosting everything from the stocks of bankrupt companies such as Hertz Global Holdings Inc. to revenue-less start-ups like truck maker Nikola Corp. That pattern has been repeated in Europe with brokerages in Germany, the U.K. and France all reporting a jump in participation by individual investors, fueled by a fear of missing out.

And while the names may be less familiar, the same picture appears across countries in Asia that imposed lockdowns.
...
https://www.bloomberg.com/asia

#ddtg rule

FOR those who like warrants
TOPGLOV-Call Warrants
Author: i3gambler 


Make reference to the above screen shot.

First we look at TOPGLOV target prices given by investment banks.

TOPGLOV released their latest quarterly result on 11th June 2020,

Therefore I capture only those target prices given on the same day or later,

Thanks to i3investor.com for the listing the target prices.

The average target price are sky high, an upside room of 44.74%, very rare for a blue chip.

Now, to calculate the fair value of call warrants, we need inputs to the calculation, the two critical and arguable inputs are:

1) Interest:

Common practice:

Input the risk free interest rate, in our current case, should be around 2%

My preference:

50% of the upside room of 44.74%, equal to 22.37%, then plus the dividend yield, but subject to a maximum value of  8.00%.

2) Volatility:

Common Practice:

Calculate from the last 90 trading days, and assume same volatility will be maintained in coming months.

My preference:

Same calculation, but subject to a maximum value, in this case I choose 30%.





Make reference to the following two screen shots:

1) Column C:

The middle price at 4.30 pm on Friday, 26th June 2020.

2) Column M:

Fair values calculated using 200 steps binomial method.

3) Column L:

Fair Value over Market Price.




Discussion:

1) At a very unlikely chance, I could have put wrongly the expiry, exercise price or exercise ratio, so please double check at www.bursamalaysia.com if you want to trade any of call warrants.

2) Currently I do not have any TOPGLOV call warrant, and not like will buy any of them.

3) Trade at your own risk.

The bear is slowly creeping back in.

I'm holding mostly blue chips now and seeing their paper gains getting wipe out day by day. This is the kind of dangers that boils a frog or kill a bull 

Whether the market is doing well or not can be judged by the number of posts appearing in this thread.

The number of posts is  slowly decreasing...this means that the market is either trading sideways or is slowly sinking...

People like to post profits... dare not show the bloods they lost in Stock Market.

that is true.

when there is loss of blood, they will also be some others rubbing it in.

why, i dunno... maybe that makes them feel great?

Cantonese saying:
People's pain is another person's joy

patiently waiting for another big dip

for gloves, u may already missed it this morning.

traders can take profit now.