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 STOCK MARKET DISCUSSION V150

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GarageSalesUser
post Nov 13 2020, 08:55 AM

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QUOTE(mroys@lyn @ Nov 13 2020, 08:20 AM)
don't think it will 'rocket', more likely 'free-fall'
*
Why the 'apostrophe'?
GarageSalesUser
post Nov 13 2020, 11:03 AM

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QUOTE(ry8128 @ Nov 13 2020, 10:57 AM)
At will be back soon. Another few photos circulated out today with few big shots inside, owai.

Congratz to all who didnt panic sell yesterday.
*
No wonder this morning they no do FB live.
GarageSalesUser
post Nov 13 2020, 11:14 AM

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QUOTE(icemanfx @ Nov 13 2020, 11:11 AM)
No matter how one wants to twist, turn, flip, etc facts still remain facts.
*
Of course, but you don't see me repeating the earth is round every 2 days.
GarageSalesUser
post Nov 29 2020, 04:35 PM

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QUOTE(icemanfx @ Nov 29 2020, 04:27 PM)
One can't teach crab to walk straight.
When the market is exuberant, every punter think ze is a gold fingers. Only after the tide turned will tell who was swimming naked.
*
Can you explain why a crab needs to walk straight when it's perfectly fine for them to walk sideways? hmm.gif

This post has been edited by GarageSalesUser: Nov 29 2020, 04:36 PM
GarageSalesUser
post Nov 30 2020, 07:00 PM

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QUOTE(icemanfx @ Nov 30 2020, 06:35 PM)
4 weeks is about about 30% of a quarter. depending on how they shift the number, profit could swing from -10% to -30% in next quarter.
*
4 weeks is 1 month.
GarageSalesUser
post Dec 1 2020, 09:09 AM

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QUOTE(ry8128 @ Dec 1 2020, 09:07 AM)
At fly again. A certain uncle gonna be furious, lol.
*
Unker say coming Quarters will continue making losses.

Main point also proven wrong dy. Hahaha.


GarageSalesUser
post Dec 9 2020, 05:24 PM

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QUOTE(x-meng @ Dec 8 2020, 04:44 PM)
need help

i currently have 3000 GOCEAN shares

now they give 6000 GOCEAN-OR shares.

What will happen if i dont sell the OR? someone on i3investor say it will disappear on 17 december. What will i get in return if it disappear?

And what is RI?
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I assume you kept your 6000 Gocean OR and did not sell it today.

Today is the last day of OR listing.

Meaning, you have to subscribe to the Rights Issue @ RM0.1 per OR.

Hence, 6000 x RM0.1 = RM600. You have to make payment (bank draft) to Shareworks.

By subscribing to 6000 Gocean OR, you will get:
Gocean mother share = 6,000 units
Gocean free warrants = 6000/4 *3 = 4,500 units

You have to subscribe by 17th December 5 pm, or else, your Gocean OR will disappear and you gain nothing.
GarageSalesUser
post Dec 15 2020, 11:34 PM

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QUOTE(Bendan520 @ Dec 15 2020, 05:58 PM)
dude just use this
https://www.tradingview.com/

Best website ever. Just pay for live market data, approx $2 usd a month.

I use this to see live, then just trade with my mobile.
*
You need to upgrade to at least TradingviewPro to get to subscribe real time data.
For Malaysia stocks, indices and futures, its USD1 per month.
GarageSalesUser
post Jan 6 2021, 11:49 AM

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QUOTE(howyoulikethat @ Jan 6 2021, 11:27 AM)
Was the question of TG's rationale of spending RM1bil on SBB at around RM7+ answered during the AGM?
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Yes it is.

Their response was,

"the SBB is only 2.x% of the total shares issued, which is below the 10% threshold approved by shareholders.
Also, TG has around 4b of cash available. And SBB provides better return than FD or money market which is currently less than 2%."


GarageSalesUser
post Jan 6 2021, 12:05 PM

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QUOTE(Boon3 @ Jan 6 2021, 11:56 AM)
Did any 1 point out the fact that based on yesterday closing price, the buybacks lost 300 260 million of its value?
* sorry .... mistake .... was thinking the other day...  sweat.gif *
*
No idea. biggrin.gif

I did not join the AGM. Just going through slides received from my friend.
GarageSalesUser
post Jan 6 2021, 07:44 PM

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QUOTE(Syie9^_^ @ Jan 6 2021, 07:28 PM)
85 cent Per Quarter? icon_question.gif  icon_question.gif
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Nope, for the whole year. Hence the 14.xx% (RM0.85/RM5.7) dividend yield.

Per quarter should be around RM0.2x. Provided the PAT is more than or around the same as FY20.

This post has been edited by GarageSalesUser: Jan 6 2021, 07:46 PM
GarageSalesUser
post Jan 8 2021, 12:14 PM

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QUOTE(icemanfx @ Jan 8 2021, 12:05 PM)
It was loan moratorium and rising gloves share price that brought retailers into bursa not mco.
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Disagree, MCO have just as much impact if not more.
GarageSalesUser
post Jan 8 2021, 03:14 PM

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QUOTE(pinksapphire @ Jan 8 2021, 03:01 PM)
How does this drive the stocks up? Sorry I can't understand sad.gif
*
When we buy stocks, we have to sell to cut/take profit.
When 'shorters' sell stock, they have to cover their position (buy to cut/take profit).

Stock price increase when buyer > seller.
When 'shorters' are forced to buy to cut loss, they become buyers.

Hence, the concept of shorting will actually drive a price further, either up or down, with great volume.

This post has been edited by GarageSalesUser: Jan 8 2021, 03:15 PM

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