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 STOCK MARKET DISCUSSION V150

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ben3003
post Jan 20 2021, 03:12 PM

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OPR maintained.
ben3003
post Jan 20 2021, 03:15 PM

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if OPR maintain, what is the impact to the market?
ben3003
post Jan 20 2021, 03:29 PM

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QUOTE(HereToLearn @ Jan 20 2021, 03:23 PM)
Less liquidity to the stock market. Less money to bet on risky counters to make them fly higher.
I got into ambank instead
laugh.gif
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ah ok.. so less bullet to goreng.
ben3003
post Jan 21 2021, 10:35 AM

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seems like gonna be tech profit taking day?
ben3003
post Jan 21 2021, 03:50 PM

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QUOTE(chromatino_hex @ Jan 21 2021, 03:48 PM)
Greatec too much insider transactions. CEO disposed million of shares. Explore other better tech stocks
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any recommendation? MI, inari, frontkn ok ka? i see inari and gtronics is EPF favorite..
ben3003
post Jan 21 2021, 04:24 PM

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QUOTE(Assassin's @ Jan 21 2021, 04:20 PM)
If you prefer capital gain over dividend, you actually should avoid counter with EPF involvement. They prefer stock with good dividend yield (over 1% is high for a tech stock).

I think MI has a lot growth potential after they completed their second plant, but last quarter they didn't managed to fully utilize that new plant, so NP margin got hurt a bit. They definitely need to find new customers to improve that plant utilization rate.
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i see.. lately they buying alot inari and gtronics. but then, these two also get carried by the wave going up lol. Yeah.. abit regret din buy MI when around 3.8-3.9.. my TP around 3.6 lol. Should be good time to buy in if correction coming in.
ben3003
post Jan 21 2021, 04:41 PM

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QUOTE(Assassin's @ Jan 21 2021, 04:36 PM)
3.6 is too low, they're acquiring Accurus Scientific by selling their share at 3.65.

That should have been the minimum price (unless in a market crash). It also didn't drop below 3.8 when darurat was announced. At that point I knew 3.8 was a strong support.
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ah i see.. i saw that news but missed out the key point. Yeah i saw that support there but my hands are so tied with gloves until i sold them off lately.
ben3003
post Jan 21 2021, 04:45 PM

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QUOTE(statikinetic @ Jan 21 2021, 04:38 PM)
If you need a guideline, refer to Hari Raya last year.
Government will announce SOP guideline after they make the announcement that the MCO extends over the CNY period.
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sarawak already got say CNY SOP, no visitation, only 1st day family member can visit, thats it. the normal SOP still apply, no inter-district travel. so tis year got CNY equal no CNY, better just stay at home lol. save alot money
ben3003
post Jan 22 2021, 10:17 AM

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i saw serba private placement at 1.51, will this imply that the share will not go lower than 1.51?
ben3003
post Jan 22 2021, 10:19 AM

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QUOTE(Duckies @ Jan 22 2021, 10:15 AM)
What's the PP price again? hmm.gif
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1.51, this mean value buy is above 1.51 lo..

sorry is below not above.. i saw HereToLearn post but i interpret wrongly lol.

This post has been edited by ben3003: Jan 22 2021, 10:28 AM
ben3003
post Jan 22 2021, 10:27 AM

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QUOTE(Duckies @ Jan 22 2021, 10:22 AM)
Oh..can slowly queue in batches at 1.51-1.55 hahaha
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ehh sorry i give wrong info.. heretolearn said it buy below 1.51.. i type wrong shit lol..
ben3003
post Jan 22 2021, 10:31 AM

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QUOTE(HereToLearn @ Jan 22 2021, 10:22 AM)
No it means that if you pay anything above 1.51, you are paying more for the same pie.

Always try to pay the least amount possible for the same pie  rclxm9.gif

Try to aim below 1.5
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thanks for the info bro. i remember someone said ytd like MI when they issue new share for acquisition at 3.65, then the share price did not go lower than 3.8, this practice is different from private placement?
ben3003
post Jan 22 2021, 10:38 AM

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SERBA DINAMIK HOLDINGS BERHAD ("SDHB" OR "COMPANY") PROPOSED PRIVATE PLACEMENT
SERBA DINAMIK HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)

FUND RAISING
Description SERBA DINAMIK HOLDINGS BERHAD ("SDHB" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT
The terms used herein shall have the same meaning as those defined in the
announcement dated 8 December 2020, unless otherwise stated.

We refer to the announcement dated 8 December 2020, 9 December 2020 and 17
December 2020 in relation to the Proposed Private Placement.

On behalf of the Board, Affin Hwang IB wishes to announce that the
book-building exercise in relation to the Proposed Private Placement has been
completed on 21 January 2021 by Affin Hwang IB, Credit Suisse Securities
(Malaysia) Sdn Bhd, Credit Suisse Securities (Singapore) Limited and RHB
Investment Bank Berhad. SDHB will be issuing up to 336,830,000 new SDHB
Shares, representing approximately 10% of the existing total number of issued
shares in SDHB (excluding treasury shares) as at 21 January 2021. The Proposed
Private Placement attracted demand from both local and foreign institutional
investors, with the order book being oversubscribed by approximately 1.85
times of the total number of new SDHB Shares available for subscription under
the Proposed Private Placement.

After the market closed on 21 January 2021, the issue price for the Placement
Shares was fixed at RM1.51 per Placement Share (“Issue Price”),
representing a discount of approximately 8.1% to the 5-day volume weighted
average market price of SDHB Shares up to and including 21 January 2021 of
RM1.6438. Accordingly, the Proposed Private Placement is expected to raise
gross proceeds amounting to approximately RM508.61 million, including the
Proposed Placement to Dato’ Karim described below.

Pursuant to the Proposed Placement to Dato’ Karim which is part of the
Proposed Private Placement, SDHB will be issuing 56,292,000 Placement Shares,
representing approximately 1.7% of the existing total number of issued shares
in SDHB (excluding treasury shares) as at 21 January 2021, to Dato’ Karim at
the Issue Price. The Proposed Placement to Dato’ Karim is expected to raise
gross proceeds amounting to approximately RM85.00 million.

Any final allocation of Placement Shares to investors under the Proposed
Private Placement is subject to the review and approval of Bursa Securities
which will occur subsequent to the date hereof and the final number of
Placement Shares to be issued and allotted under the Proposed Private
Placement shall be determined thereafter accordingly.

This announcement is dated 22 January 2021.

Announcement Info
Company Name SERBA DINAMIK HOLDINGS BERHAD
Stock Name SERBADK
Date Announced 22 Jan 2021
Category General Announcement for PLC
Reference Number GA1-22012021-00009
ben3003
post Jan 22 2021, 10:40 AM

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i cant see short sell at rakuten tho.. sad.gif
ben3003
post Jan 22 2021, 10:47 AM

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QUOTE(statikinetic @ Jan 22 2021, 10:41 AM)
Yeah, these are all the open short positions. Big number means they are all gonna have to buy in at some time.
Looks like buy pressure has taken over. Shorties might lose money here.
Happy that M+ has it.
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i saw there is 1 7mil transaction 1 column, tat should be RSS i assume?
ben3003
post Jan 22 2021, 10:53 AM

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QUOTE(Morales @ Jan 22 2021, 10:51 AM)
sucks yea.

thats why have more than one trading account.

I have RHB for look-see-look-see and RT for execution of trades  tongue.gif
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yeah.. rakuten too simple but easy to trade lol.
ben3003
post Jan 22 2021, 11:20 AM

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QUOTE(statikinetic @ Jan 22 2021, 11:06 AM)
Are you on M+?
You will need to add "RSS Vol" column to see it. It is at 160000 for me.
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i use rakuten haha.. i just guessing from the chart. like tat need subscribe other platform to see RSS.. not sure Hlbroking got or not.
ben3003
post Jan 22 2021, 11:21 AM

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QUOTE(statikinetic @ Jan 22 2021, 11:13 AM)
In case your companies have exposure to the Tokyo Olympics.
MedElite23

Japan privately concludes Tokyo Olympics should be cancelled due to coronavirus

https://www.thestar.com.my/sport/others/202...rus---the-times
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wow this gonna impact those related company. Last my friend did shared to my SLP is supplying high grade plastic packaging for Tokyo olympics.
ben3003
post Jan 22 2021, 11:37 AM

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QUOTE(statikinetic @ Jan 22 2021, 11:30 AM)
Need to be aware of the pressures surrounding the event. In Japan, the public approval of holding the Olympics has fallen from 28% last year to 12% this year.
They are already exploring for exit options as they have spent big money already with sponsors and the build.

I am still holding for now as my buy decision was not because of the Olympic factor. It will definitely help as a catalyst if it really goes on.
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QUOTE(MedElite23 @ Jan 22 2021, 11:34 AM)
Same, I’ll likely be holding as well, might even average down as the case of cancellation is temporary. Will keep monitoring closely.
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mind to share what are the tokyo olympics related companies? searched around malaysia is the sole provide for halal food.. but the company is Sdn Bhd tho
ben3003
post Jan 22 2021, 04:42 PM

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no shit show today. quite calm everywhere lol. bursa end in green i believe, but maybe below 1600.

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