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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Jun 22 2020, 11:00 AM

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QUOTE(ChAOoz @ Jun 22 2020, 10:53 AM)
Feel like the market is losing steam.

Waiting, waiting for a good signal to either go up or go down i guess.

No clear bulls or bears movement yet.
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Wait till 1st July. Then you will know.
ZeroSOFInfinity
post Jun 22 2020, 11:03 AM

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QUOTE(Xp3rT @ Jun 22 2020, 10:47 AM)
streaming now

- full impact of covid on the operation is uncertain at this time
- implementation of aggressive cost control
- outdoor theme park target 2Q 2021
- UK reopened, US operation still closed
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5 cents dividend. Ex 29/6.

That's kinda.... encouraging.
ZeroSOFInfinity
post Jun 22 2020, 11:05 AM

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QUOTE(theberry @ Jun 22 2020, 11:01 AM)
july what will happen?  brows.gif
important so must ask again brows.gif
btw everyday must have one of big4 glove in red.
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Jual Pendek. sweat.gif cool2.gif
ZeroSOFInfinity
post Jun 22 2020, 12:06 PM

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QUOTE(zstan @ Jun 22 2020, 11:22 AM)
1.9% right? if my maths working this morning
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Let's take your cash is RM 10k. At current price (2.70), you get 37 lots (3700 units).

So.... 3700 x 0.05 = RM185.

Just slightly lower at 1 month FD @ 1.90%.... BUT this is only final interim. There is another payment (or 2 if include special).
ZeroSOFInfinity
post Jun 22 2020, 06:17 PM

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QUOTE(Vanguard 2015 @ Jun 22 2020, 05:08 PM)
Re-entered Maybank today and topped up RCE Capital.

Entered CSC Steel because the dividend ex-date is 25th June 2020 with a dividend yield of 6.98%.

I know, they say don't buy a stock for its dividend. But the fundamental of CSC Steel is sound. The downside should be limited.
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I am waiting to offload either Hong Leong Bank or Genting M (after dividend) to enter RCE.... hopefully it's the former.
ZeroSOFInfinity
post Jun 23 2020, 02:59 AM

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DJI in green today. Well, that's a surprise.
ZeroSOFInfinity
post Jun 23 2020, 09:24 AM

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A downtrend morning today... banks like Allianz and PBB leading the laosai.....
ZeroSOFInfinity
post Jun 23 2020, 09:25 AM

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QUOTE(Cubalagi @ Jun 23 2020, 08:53 AM)
Ya.. Very bleak forecasts there for the economy by the writers:

Gdp: - 7.5%

Inflation : - 2.5%

Budget Deficit: - 9%

Horrible numbers

Can see that they are also worried about the longer term prospects for the economy, esp due to the fall in investments.

Let see next month if BNM cut interest rates further.
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If they cut again, might as well don't have FDs, because of the horrible rates. Dump in Genting or KLCI better.....
ZeroSOFInfinity
post Jun 23 2020, 09:33 AM

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QUOTE(theberry @ Jun 23 2020, 09:28 AM)
30june is near
brace for impact
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-14.40 sweat.gif
ZeroSOFInfinity
post Jun 23 2020, 09:40 AM

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QUOTE(theberry @ Jun 23 2020, 09:36 AM)
i cancelled all my orders liao see how it goes
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Well, what I have is going down and down. Looks like I will be holding them for dividends then.... will be a while before I sell them.
ZeroSOFInfinity
post Jun 23 2020, 10:02 AM

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QUOTE(lowya @ Jun 23 2020, 10:00 AM)
which means it will bounce soon.
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And all it takes is a single word - "agreed".
ZeroSOFInfinity
post Jun 23 2020, 11:57 AM

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Dang it.... all the Asean markets are in green, but ours still in red.....
ZeroSOFInfinity
post Jun 23 2020, 12:41 PM

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QUOTE(AVFAN @ Jun 23 2020, 11:21 AM)
wait until this afternoon... we might see more selling.

market is jittery... weak forecast +  dow futures thunderbolts zapping up n down.
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Well, surely there will be some recovery this afternoon. Else once it ends lower than 1500, all hell will break lose tomorrow.
ZeroSOFInfinity
post Jun 23 2020, 12:44 PM

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QUOTE(Vanguard 2015 @ Jun 23 2020, 12:37 PM)
I think there will be another round of OPR cut to stimulate spending.

PBB has fallen a bit since I last exited.  So, there is some margin of safety unless something goes seriously wrong with its next 2 QR.
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I bought PBB when it was 14.90+. Then shot up to 17+, and sold them. Nice profit back.... and then glove burns happened unsure.gif sweat.gif
ZeroSOFInfinity
post Jun 23 2020, 02:37 PM

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QUOTE(Vanguard 2015 @ Jun 23 2020, 01:44 PM)
RM14.90+ is a very good price. You should have kept the shares for your children or grandchildren.  biggrin.gif
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Well, when you earned about 2k of value, wouldn't you sell them too? nod.gif
ZeroSOFInfinity
post Jun 23 2020, 02:46 PM

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Well, we are still in the red.... despite it's green all around.....
ZeroSOFInfinity
post Jun 23 2020, 05:06 PM

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QUOTE(Zenph @ Jun 23 2020, 04:54 PM)
aiya why do u play trades for bank stocks.. bank stocks mainly for dividends ma
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Well, life lessons. Now I am with HLB and Maybank.

This post has been edited by ZeroSOFInfinity: Jun 23 2020, 05:07 PM
ZeroSOFInfinity
post Jun 23 2020, 06:50 PM

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QUOTE(annoymous1234 @ Jun 23 2020, 06:26 PM)
hmm.gif
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What stock is that.....???
ZeroSOFInfinity
post Jun 23 2020, 09:13 PM

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QUOTE(immobile @ Jun 23 2020, 08:14 PM)
should be trive haha steadyyyyy
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This is real insanity stock. If get 1 million lots at 0.005, and sold at 0.5, can buy one Merz already.....
ZeroSOFInfinity
post Jun 23 2020, 10:25 PM

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DJI shoot up today. But our KLCI tomorrow........ ?

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