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 STOCK MARKET DISCUSSION V150

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Duckies
post Jan 30 2021, 01:27 PM

Rubber Ducky
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The best way to describe the WSB movement for GME and TG.

user posted image
Duckies
post Feb 1 2021, 12:55 PM

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QUOTE(skty @ Feb 1 2021, 12:19 PM)
no worries. I am not trying to convince people to join me to buy this buy that.

I just try to warn people what I am convinced. What I can do is limited.

3 months down the road we will know whether correction that I foresee came true or not.  devil.gif

after this 3 months, I think DJI will start final leg melt-up and go to 33,000 (conservative prediction) within a very short period. devil.gif
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So in a sense...a big crash or correction is coming in 6 months time?
Duckies
post Feb 2 2021, 09:33 AM

Rubber Ducky
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QUOTE(lauwenhan @ Feb 2 2021, 07:55 AM)
Wild swings in GameStop yesterday luckily sold half and riding free shares
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Bro, CNY coming soon. How's your steel and tech?
Duckies
post Feb 2 2021, 03:53 PM

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MCO extended until February 18th. Wew how would the market react to this?
Duckies
post Feb 2 2021, 04:07 PM

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QUOTE(lowya @ Feb 2 2021, 04:06 PM)
Serbadk seems like a good short squeeze candidate.
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Lol but the amount of shares are quite huge..hmm is it a good short squeeze candidate? hmm.gif
Duckies
post Feb 3 2021, 10:08 AM

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QUOTE(lauwenhan @ Feb 3 2021, 10:08 AM)
Stage 4 FOMO in Bursa tech right now. Still holding
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Got how many stages in total?
Duckies
post Feb 3 2021, 10:26 AM

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QUOTE(lauwenhan @ Feb 3 2021, 10:10 AM)
My own strategy is 5 until we see a consolidation. Right now, it’s still on breakout trend. But like I only look at the Bursa tech index. Individual stock doesn’t matter for me. Just hold until Chinese New Year. Already say confirm angpau

Just buy quality semiconductor companies and you’ll be set. Don’t be tempted by the ‘cheaper’ stocks. smile.gif Bursa tech 100!!! I averaged up again today with fresh profits thanks to GME haha I’m all in

If you look closely and bought Malaysian tech stocks last year, the average performance is almost the same as if you buy US tech and growth. With the exception of US EV stocks. *Grass is not always greener on the other side*

Hopefully we can see Bursa tech index reach 90 before Chinese New Year. This is the year
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Nice...I am still holding my INARI. I will get out if I see sign of correction.

Steel how bro? Still holding ah? Last time you said you gonna hold til CNY but it's just a week away from CNY and steel counters are not doing well hmm.gif
Duckies
post Feb 3 2021, 10:30 AM

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QUOTE(lauwenhan @ Feb 3 2021, 10:29 AM)
Yeah my steel bet is not going well. I will admit that. I sold 50% to reduce risk
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But then steel price is still high...however I don't think demand is that great now given we are in MCO and construction cannot go on.
Duckies
post Feb 3 2021, 10:39 AM

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QUOTE(lauwenhan @ Feb 3 2021, 10:37 AM)
user posted image

Congrats Bursa tech holders!!!! Especially people who bought stocks starting with G, M and I
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What's next after tech bro?
Duckies
post Feb 3 2021, 01:02 PM

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QUOTE(ChAOoz @ Feb 3 2021, 12:57 PM)
Plastic is the new glove. Come come join the gang, apart from glove, CPO, O&G, Semis, we are also big plastic exporter.
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Scientex?
Duckies
post Feb 3 2021, 01:29 PM

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QUOTE(ChAOoz @ Feb 3 2021, 01:14 PM)
Yup, also tguan, daibochi. I love flexible packaging, especially when freight charges is trending higher and boxes is still flying around worldwide for delivery/ecommerce.

But i think their raw material as well as their stretch film also got hit pretty bad from the freight issue.
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QUOTE(ChAOoz @ Feb 3 2021, 01:21 PM)
SCGM is tapao plastic.

I prefer those use by big FMCG one, you know Milo packet , Twiggies . Old Town Coffee Mix , Magee packing etc.

You remember last time our milo came in aluminum tin. You think now, how many actually come in Tins already. Or last time Nescafe came in glass bottle now are in plastic packets.

Without us knowing, all the big brand fmcg are slowly reducing their shipping cost / transport cost.
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I do like the underdog Daibochi but some say the price is already factored in so it hardly can go further. SCGM is manufacturing food packaging aka tapau plastic XD

But somehow people linked SCGM with glove because they extended a small part of their operation to do face mask. Also the rise in resin price causes people somehow don't see good in SCGM. The price has been dropping a lot since it's highest peak.

I like Scientex for long term hold, TGUAN and SCGM for short/mid term trade biggrin.gif

This post has been edited by Duckies: Feb 3 2021, 01:31 PM
Duckies
post Feb 3 2021, 01:42 PM

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QUOTE(ChAOoz @ Feb 3 2021, 01:34 PM)
Yup you are right. Scientex is like an old tortoise, while others they can pretty much run like any goreng stock if the stars aligned.

If you buy Inari then you will like Scientex , in essence they have similar characters, but very different industry and also industry valuations.
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I do like Scientex. It's a counter that you can basically all in and wait few years. So far it's showing slow and steady growth throughout many years. However, recently it's branching to properties...I do hope it doesn't become the next Mah Sing.
Duckies
post Feb 3 2021, 02:05 PM

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https://www.thestar.com.my/news/nation/2021...eopen-under-mco

Good news for Bursa?
Duckies
post Feb 3 2021, 02:33 PM

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QUOTE(theberry @ Feb 3 2021, 02:31 PM)
So can travel d? Hahaha
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No, should be no inter state or inter district travel. I think there won't be any dine in either. We don't have the exact detail but I think it's gonna be MCO with "stricter" SOP but with all industry opening - which means construction could go on?
Duckies
post Feb 4 2021, 09:48 PM

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QUOTE(lauwenhan @ Feb 4 2021, 09:46 PM)
Hopefully tomorrow tech index can break 87 resistance.
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And also steel
Duckies
post Feb 8 2021, 06:46 PM

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Wa INARI red a bit today...cashing out for CNY or washing out people? I nak cash out tomorrow...will re-enter again
Duckies
post Feb 9 2021, 09:44 AM

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QUOTE(lauwenhan @ Feb 9 2021, 09:40 AM)
Whoever told me to buy Tasco the other day, I should’ve listened to you.
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How's steel and tech bro?
Duckies
post Feb 10 2021, 02:23 PM

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QUOTE(lauwenhan @ Feb 10 2021, 02:17 PM)
user posted image

Steel holders today. Go go go!!!!!

Annjoo, Lioniind, Masteel Ang Pow of the day
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Go go bro! Lion TP 0.8!!
Duckies
post Feb 11 2021, 09:34 PM

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QUOTE(phas3r @ Feb 11 2021, 09:24 PM)
sold D&O at 2.66, now 3.20 liao

sold tasco at 3.02, now 5.40 liao

lols

on the other hand i have some FGV bought like 5 years ago, by 16th feb i need to decide to sell it 1.3 or keep it with the chance of it being delisted, if im not mistaken
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Such is stock market. Hard to gauge what is the best price to TP. TP set too high nanti cannot escape. Set too low then this will happen rclxub.gif
Duckies
post Feb 15 2021, 06:54 PM

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QUOTE(lauwenhan @ Feb 15 2021, 03:03 PM)
Sold some UWC today to trim some stake in tech. I’ll stop buying from this point onwards just sell haha

Bursa tech looking frothy. I thought it would take one more month to reach 90 but today we reached 90 already

Still holding my favourite M, Gene, Great and Uni. The only "good" tech stocks I guess. 85% holding

The infamous i3 pumper is back. Cannot disclose his actual username. But he was notorious for pumping small cap glove stocks like HLT, Carepls. And now he is back pumping some low float small cap tech stocks. From this point onwards, it is full FOMO mode on Bursa for the entire sector.
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Eh bro, the "M" is MPI? I am holding some too..TP 40?

QUOTE(phas3r @ Feb 15 2021, 04:16 PM)
EPF was selling Inari shares last week, could it be for liquidation of the new i sinar applications?
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Ya man. INARI was having a small correction pre CNY but seems to resume bullish already. I've sold mine already before CNY.

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