LOL i see what you did there

Wait for higher highs, higher lows confirmation

For retailers like us, we can only wait for actual announcement

Usually it is sector rotational play, there is only so much funds, but too many sectors, one sector up, the other one must go down.

Car cheap cheap, make good use of the PENJANA benefits
Property still down trending, can wait 1-2 years more IMO

Yeah, if rumors have the power to bring the counters fly so high to the price today,
Then rumors can also bring the counters dive perfectly like Pandelela Rinong

Take any rumors with a pinch of salt. Go into investing mode using FA, you will never go wrong.

Nice view up there, have stories to tell grandchildren.
Inilah asset datuk beli untuk korang, nanti boleh jual untuk mas perkahwinan

Just to remind you guys, there was a day supermax spiked at last minute of trading, everyone thought big funds came back but in the end, it drops more and continues dropping.

If the same pattern happens, counters that spiked up this evening might drop more in the near term.

Cooper price is still rising, dont worry, the economy is recovering. Maybe DJIA going into correction mode only

I track cooper price daily, quite a good indicator to predict the economy health, and to some extent market crash. If cooper price starts dropping, I will inform you guys

my bad copper

This post has been edited by HereToLearn: Sep 8 2020, 10:01 PM

PE 1000x
when
Google, Microsoft, apple PE < 40.

Too overvalued, drop is the only direction

Yeah, he is right on the fact that we should not look at PE ONLY.

Tesla revenue is growing, its EPS is low (and hence the high PE) as it is retaining its earnings (either in the form of cash or asset) for growth, but this price is still too high.
Seriously too high.

Money made after tax (not the reported earnings on balance sheet) is either give out as dividends or reinvested into a business (in the form of cash or asset), since it is not giving out any dividends, so in such as case, we can value it by looking at its expansion of book value (which then will reduce its P/B ratio)

Take the year-on-year increase in book value (assume massive tesla sales spike and n times the revenue it in the next 5 years) and project it for the next 5 years, how much is this the book value/share worth? does the future P/B looks attractive enough for a semitech semiautomaker company? the value of 'n', you need to find yourself lo
Tesla book value is now about 10

This post has been edited by HereToLearn: Sep 9 2020, 01:24 AM

KYY and his followers just switched counters?

Yesterday local instituion sold the most, foreing funds selling almost negligible, retailers bought the msot

LOL then what did they sell? If they goreng the counters, they must have sold more somewhere else to have this -ve value

Everyday got money buy meh? Unless everday they sell non KLCI stocks and buy KLCI stocks lo

Imagine how much u earn shorting the index today

This post has been edited by HereToLearn: Sep 9 2020, 12:22 PM

Neckline
- Topglove: RM22.42 (RM7.47 after BI)
- Harta: RM15.56
- Supermax: RM 16.7 (RM8.35 after BI)
- Kossan: RM13.68 (RM6.84 after BI)

All below neckline already. Good luck my brothers/sisters

IB analysis cannot pakai one. I last time also kena. When you see there is a trend change (number of buy calls start reducing and number of hold calls start increasing), then can get out ady.

Same for counters, when they are changing from sell to hold, then you can slowly go in already.

blue chip recovery wont be like gloves, u have to stay in blue chips for years to recover all our losses from gloves

Its ok man, the best lessons are learnt through pain.
Now that you have experienced this bubble, you will most likely not fall for the other one, as all bubbles look similar.
Next time when you know people are defending their counters and the charts look unaesthetically bearish, you know that we are in a denial mode.