QUOTE(sadukarzz @ Dec 28 2020, 05:57 PM)
When the shoe shine boy invites you to invest in stocks, that is when you know you should exit stocks.
Why exit when you can leverage on their greed?STOCK MARKET DISCUSSION V150
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Dec 28 2020, 05:59 PM
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#661
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1,021 posts Joined: Dec 2008 |
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Dec 29 2020, 11:29 AM
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#662
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QUOTE(cranx @ Dec 29 2020, 11:10 AM) ![]() anyone watch the many homily chart videos on youtube? the 'teachers' said supermax and top glove are left with mostly retailers - represented by the green. Only retailers playing by themselves. It has already been this way since OCT where IB all sell out |
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Dec 29 2020, 01:11 PM
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#663
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1,021 posts Joined: Dec 2008 |
Looks like Logistics is in play, wanna grab me some logistics stocks!
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Dec 30 2020, 12:23 PM
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#664
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QUOTE(SGSuser @ Dec 30 2020, 11:01 AM) I sold at 2.62 after holding this counter for more than 2 months.. QR not bad.. not negative, but I dont know why share market wanna punish this counter.. punish 2 months downtrend, that day MACD holy cross also cannot save this counter. |
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Dec 30 2020, 02:01 PM
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#665
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QUOTE(SGSuser @ Dec 30 2020, 12:57 PM) wont go until that low de la unless somethg massive happens It will hover around 2.50, but I'll probably be in around 2.60 ++ when smart money come back.. next support at 2.50, but u can start accumulate already if want Now it is still bearish, haven turn sideways.. |
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Dec 30 2020, 03:25 PM
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#666
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QUOTE(New Klang @ Dec 30 2020, 03:07 PM) Ya if only you boughtTSLA, AMZN, GOOGLE,AAPL, MICROSFT and SHOPIFY. TGLOV and SUPERMX is no TSLA and AMZON. Few years down the road, your dividends can't cover your loss of capital when TG back to pre-covid levels.. QUOTE(statikinetic @ Dec 30 2020, 03:03 PM) That's the big assumption people are debating right now. No point debating IMO, see the charts and what they're telling us?Bull says supranormal demand will be the new normal, bear says it will normalize within the next 2 years. This post has been edited by Bendan[520]: Dec 30 2020, 03:26 PM |
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Dec 30 2020, 03:34 PM
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#667
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QUOTE(andrekua2 @ Dec 30 2020, 03:28 PM) Amazon? LOL... America tech companies are overvalued anyway... it wont be long before there is a shift in technology. Overvalued or not.. every tom dick and harry knows about it and are buying it.press coverage all over the world.. Media crown these stocks so much that everyone says its a beginner buy. Buy small and hold for 20 years.. Huge ass MARKET CAP. What is TOPGLOV and SUPERMX? They came up big due to pandemic serving as a catalyst. Once it is over, we'll be saying sayonara. NESTLE is a better buy if you're in for dividends, rights and bonus.. |
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Dec 30 2020, 03:38 PM
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#668
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QUOTE(Boon3 @ Dec 30 2020, 03:35 PM) In the long term... dividends won't help a single bit if the stock business is declining. Downright no.. but that's the lie every long-term "investors" tell themselves.. Best example BAT in 2015. BAT was trading at a very high price then. About 60 bucks. If ALEE had simply buy BAT in 2015, and using the assumption that dividends will payback the losses (BAT is known for its dividends, even back in 2015) .... do you think ALEE can recover the losses? I used to wanna buy BAT so bad, hands so itchy but I didnt buy... I think I was lucky. BAT dropped so much due to our govenance haha |
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Dec 30 2020, 04:12 PM
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#669
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QUOTE(Boon3 @ Dec 30 2020, 04:07 PM) ... well... and why is that so? That's because of the ciggie tax the govt raises causes companies like BAT to raise their prices.... At those prices, it was natural a chunk chose to find the alternate source... Government rather increase TAX for CIGGS for BATanyway... bottom line for BAT is .... profit is declining so rapidly and so is the dividends. but too lazy to cramp down in illegal cigs selling or grey imports. |
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Dec 30 2020, 04:16 PM
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#670
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Dec 30 2020, 04:18 PM
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#671
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QUOTE(kelvinlym @ Dec 30 2020, 04:16 PM) One needs to look at the underlying business too. The tobacco business has many headwinds due to regulations and taxes. The trends have also shown that younger consumers are not resonating with smoking anymore. They move to vape or other products. But for many glove holders here is not that caseInvesting is not as simple as buy and hold. It's more than that. |
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Dec 30 2020, 04:19 PM
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#672
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QUOTE(theberry @ Dec 30 2020, 04:17 PM) Haha but minum kopi culture.. it wont solve the underlying issue.. But in BAT's case it is different.. Government can implement stricter borders and tax laws to catch these smugglers.. But I think gov turned a blind eye on it. BAT suffers a lot of losses.. QUOTE(prody @ Dec 30 2020, 04:09 PM) It is quite likely unless they are all smaller investors with low capital. It wont happen right now.. maybe mid 2021 or end 2021.. but no pandemic no momentum..You can see how they talk now and then about buying more shares on days when gloves are green, in the hope that that day will finally be the day the bottom has been set and the trend is reversed. However, it is quite hard to catch a falling knife as they will know by now. I am interested in picking up glove stocks (mainly the big 4) again, if: 1 The price has come down to a normal rate (max 100% above the pre-covid price range), 2 The bottom has been set. This post has been edited by Bendan[520]: Dec 30 2020, 04:21 PM |
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Dec 30 2020, 04:37 PM
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#673
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Anyone here holding TASCO?
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Dec 30 2020, 04:38 PM
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#674
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Dec 30 2020, 04:54 PM
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#675
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QUOTE(statikinetic @ Dec 30 2020, 04:49 PM) There was that domino effect once the RM 6 level is breached that we spoke of yesterday. Mass selldown at 4.42pm which kicked it down just below RM 6, which looks to have triggered more selldowns. Think that was a good RM 15 - 20 mil pressure in the final minutes. Tmr morning got show to see on gloves d.. ready your bullet to average down again |
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Dec 30 2020, 04:55 PM
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#676
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Dec 30 2020, 05:38 PM
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#677
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Dec 31 2020, 02:24 PM
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#678
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Dec 31 2020, 04:06 PM
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#679
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Ending my last day of the year with RM3,000 profits.. Thank you 2020
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Dec 31 2020, 04:09 PM
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#680
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