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 STOCK MARKET DISCUSSION V150

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post Feb 22 2021, 04:24 PM

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What happened today?

Seems like retailers got spooked and panic sell.


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post Feb 23 2021, 12:48 PM

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QUOTE(Vanguard 2015 @ Feb 23 2021, 12:44 PM)
Lady Luck took pity on me again. My huge gamble in Hextar is paying off. Yesterday I sai lang Hextar in tranches until it was about 50% of my portfolio.

At lunch time, it rebounded +10%. My unrealised profit is about +6.38%. I sold off 2/3 of my Hextar shares before lunch at RM1.210. Still holding the balance Hextar shares.

The unrealised profit managed to cover a substantial part of my losses yesterday. May the good luck for Hextar continues after lunch today and tomorrow. sweat.gif
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Maybe your 50% enough to push it up laugh.gif thumbup.gif
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post Feb 24 2021, 09:48 PM

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QUOTE(AVFAN @ Feb 24 2021, 09:45 PM)
ok, tmr... air asia up up! biggrin.gif
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299mil only, we thought 2bil.. Huat ahh.. up up up!! laugh.gif
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post Feb 25 2021, 01:21 PM

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QUOTE(skty @ Feb 25 2021, 12:53 PM)
user posted image
30cent div = 42.86 EPS

I think they should do better than spmx.
thumbsup.gif
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So, local IB selling to hedge their CW? hmm.gif
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post Feb 25 2021, 02:19 PM

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QUOTE(skty @ Feb 25 2021, 02:13 PM)
no no. Local IB sell because glove sector is dead, ASP gonna waterfall and price is going to pre-Covid level.

TG is idiot keep SBB and TS is idiot keep burning pocket money to buy share.

Now I hope to have more waterfall after this post.  tongue.gif
Joking aside, got some data with figure inside.

user posted image
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Means those so-called evil shorties (as per i3) are possibly our local IBs? ranting.gif vmad.gif
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post Feb 25 2021, 03:00 PM

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QUOTE(Vanguard 2015 @ Feb 25 2021, 02:56 PM)
Good afternoon folks.

I had no time to check the market between 9 a.m. to 10 a.m. this morning when it was the best time to sell.

My records for syiok sendiri purpose.

Sold the following stocks after 10.00 am today which I bought yesterday.

1.  HLT  +0.74%
2.  Adventa +2.3%
3.  Ruberex +2.05%

Still holding Esceram which I entered with a sledge hammer yesterday:

1.  Esceram -0.32%

Now for the big prize. I doubled down and tripled down on some off the following stocks yesterday. The status now are:

1.  Careplus -5.45% (after double down)
2.  Comfort -6.60%  (after double down)
3.  Supermax -8.51% (after triple down)
4.  Top Glove -7.40%  (after triple down)

Mati kaw kaw for the remaining glove stocks that I am holding now. Aren't you glad that you didn't follow me yesterday?  biggrin.gif

Glove stocks are still trending downwards. I am preparing to cut loss or hold.

Dont' feel sad for me. My attitude is "If you can't take the heat, get out from the kitchen".  thumbup.gif

I went into glove stocks with my eyes wide open yesterday and I was fully aware of the risks.

Let's wait for the 4 pm show!
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Next week see unker post all sold at 10%+ profit.
Seems like a trend. rclxms.gif
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post Feb 25 2021, 03:27 PM

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QUOTE(Vanguard 2015 @ Feb 25 2021, 03:26 PM)
I know...reinforcements have arrived for Comfort and Careplus...

The marines are here!  tongue.gif
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This round got 50% portfolio like your fearless show in Hextar? bruce.gif
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post Feb 25 2021, 03:32 PM

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Wow index very green.

All reporting good results?
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post Feb 25 2021, 03:36 PM

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Axiata write off 1billion also up 5%.

Truly bursa.
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post Feb 25 2021, 05:05 PM

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QUOTE(Rinth @ Feb 25 2021, 05:00 PM)
wah SPX harta red, other all up......Pening......

I top up abit at 4.99 SPX.... Lets see what happen tomorrow
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SPX no SBB tongue.gif
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post Feb 26 2021, 01:33 AM

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QUOTE(Kar Weng @ Feb 26 2021, 12:56 AM)
How will the market react to GenM’s QR?
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Already loss 40c per share in 2020 yet the share price is at pre-mco level.
As if 2020 never happened. hmm.gif
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post Feb 26 2021, 04:13 PM

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QUOTE(Vanguard 2015 @ Feb 26 2021, 04:09 PM)
That was the good old pre-Covid-19 days wnen I was cash rich. I put money into FS and Fundaztic supposedly as an alternative investment. Diversify my risks kononnya biggrin.gif

Initially, the return was quite good. 10% or more. But then the defaulted loans became higher and higher. Then sangkut.

So, back to the drawing table for me. Invest in things that I am familiar with. Unit trusts, stocks etc. No more P2P.  smile.gif
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Seems like many here have bad experiences with FS.
For me, I put in 1k to test and now left 400+. Talk about great return laugh.gif
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post Feb 26 2021, 08:22 PM

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QUOTE(andrekua2 @ Feb 26 2021, 08:05 PM)
Btw, how does TG listing in hkex works?

If TG stock in hkex being goreng, then it will also go up in Bursa? I tried to read some articles but end up more confusing. It seems like you can sell shares on both exchange since they are same. How does that work in reality?
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QUOTE
As part of the Proposed Dual Primary Listing, all existing Top Glove Shares, which are currently listed and traded on Bursa Securities and SGX-ST, together with the new Top Glove Shares to be issued pursuant to the Proposed Issuance of New Shares will be fungible between these three (3) stock exchanges. In this regard, a shareholder holding existing Top Glove Shares listed and quoted
on the Main Market of Bursa Securities or SGX-ST may transfer their Top Glove Shares to the Main Board of HKEX and vice versa for the purpose of trading on these respective stock exchanges. Details regarding the process to transfer Top Glove Shares among these three stock exchanges and the fees payable will be set out in the Circular.


Seems like can transfer between the exchange with a fee. Guess if HKEX is being goreng, can transfer over and sell there. brows.gif
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post Feb 26 2021, 09:54 PM

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QUOTE(LoTek @ Feb 26 2021, 09:50 PM)
https://m.malaysiakini.com/news/564524

Will bursa take this as bad news or good news? To reflect the bursa reactions: Fly (bad news) or cry (good news) tomorrow?
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Ambank holders will cry for sure. sweat.gif
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post Feb 27 2021, 03:07 PM

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QUOTE(pinksapphire @ Feb 27 2021, 03:05 PM)
Zero sales fee, and your returns are decent too, sounds good already. Thanks for sharing your fund here.
Please don't whack my brain for asking, but how does this tax deductible of RM3000 contributes <20% in tax savings yea?
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I think he meant <20% of that 3000 deduction. Still a good saving regardless.
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post Feb 27 2021, 03:48 PM

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QUOTE(pinksapphire @ Feb 27 2021, 03:24 PM)
Ohhh...thanks! And you guys reply so quick here, lol

Random question for everyone...does the high frequency of staying home changes anything to your lifestyle now? Do you enjoy being at home more now, cuz less hectic, more time for self, or still can't wait till the days you can go everywhere?
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Personally, I'm an introvert so it is fine for me. No need to think of excuses to skip gathering that I do not want to join.
The only thing I miss is travelling.

If you ask me, the most affected one are those younger gen that hangs out a lot. I can see that they having hard time staying in.
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post Mar 2 2021, 10:28 AM

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Bull fighting against bear is always interesting to watch.
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post Mar 3 2021, 12:02 PM

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Hmm, after Kossan ex-date, now shorties come.
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post Mar 3 2021, 03:36 PM

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QUOTE(AVFAN @ Mar 3 2021, 03:34 PM)
what are our local institutions doing?

dumping and dumping bursa... to buy overseas stocks and properties?!
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Today maybe dump more with Ambank hmm.gif
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post Mar 4 2021, 04:06 PM

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QUOTE(whoopa @ Mar 4 2021, 04:00 PM)
who is making money when most shares are red ... hmm.gif
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Bursa making money lo. You buy or sell also they make money laugh.gif

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