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 STOCK MARKET DISCUSSION V150

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abcn1n
post Oct 19 2020, 02:57 PM

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QUOTE(propertyfeature @ Oct 19 2020, 02:47 PM)
approximately RM 12.36, still fairly priced in my opinion in comparison with those Glove & Tech counters..
market cap now 6.46 billion
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abcn1n
post Oct 19 2020, 04:50 PM

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QUOTE(126126 @ Oct 19 2020, 03:18 PM)
Check Scientx track record, they have been doing extremely well for many yrs, just flying under the radar.
I know they are starting to pivot, but until it contributes meaningfully to their books, it may take many many yrs.... good for a swing trade imo.
Scientex PE ratio now at 16, constant profit and revenue growth, not cyclical like gloves, which is in flavour now but already trading at 40-100+ PE
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Am surprised nobody mentioned Greatech. It has been rising well for months already. Its planning to list in main board this year

This post has been edited by abcn1n: Oct 19 2020, 04:51 PM
abcn1n
post Oct 19 2020, 09:48 PM

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QUOTE(propertyfeature @ Oct 19 2020, 08:23 PM)
Greatech, currently PE 74 for a "tech" / automated test equipment (ATE) company..
don't you think earnings will normalize the subsequent quarter?  I'd still pick Scientx in a heartbeat
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Greatech's PE is certainly high but some big funds are in it and they plan to list in main board soon. I suspect that investors think Greatech has a really good future or it doesn't make sense for it to go so high. Heard that Tesla is one of their customer although I'm not sure how true it is.
Not sure how high Greatech price will go before it start normalizing though--could be next quarter or much later. Yes, Scientex's PE is much better.

Don't dare to top up Greatech because the last time I did that, I topped up at almost $7 while I sold my 1st batch at around $6 later during the 'correction'. 'Lost' almost $1/share there --if only I didn't top up


QUOTE(lauwenhan @ Oct 19 2020, 09:29 PM)
Already sort of all in Greatec a month ago. Have high expectation for this company since it is making its way into EV sector. Don't wanna talk about it because still waiting for monthly salary to accumulate and grow my position. Now it is too late to collect more. What a bummer. Same with Timecom. Best performing stocks ever. Wish I can buy more at a lower price but funds have been super bullish on Greatec for a very long time so buying now is risky. But it is kinda a waste of time and effort to time the market so just buy in anytime you want. Tech companies will still grow
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Greatech has been bullish ever since it got listed. Not sure how high it can still go. Want to hold on for years but I think it has to drop/normalize in the not so distant future?

This post has been edited by abcn1n: Oct 19 2020, 09:52 PM
abcn1n
post Oct 19 2020, 11:16 PM

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QUOTE(lauwenhan @ Oct 19 2020, 10:05 PM)
Haha I am not waiting for corrections. Just top up every time I earn money from gloves. It is sort of pointless to time the market for tech companies. After I looked at the latest earnings from TSMC, I bought more. Pay attention to Micron Technology and TSMC share price. And of course TSLA.
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QUOTE(ChAOoz @ Oct 19 2020, 10:24 PM)
Greatech is in EV and solar. Both emerging industry with huge market potential.

Scientex is like topglove prior to pandemic. low profile but industry leading. They are one of the biggest producers of stretch film and packaging. The main thing that is dragging them down at the moment is their property division.
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Thanks. Hmmm... Aminvest research keep saying that their property division is doing well. sweat.gif Time for me to take a deeper look into S's report.
abcn1n
post Oct 20 2020, 03:09 PM

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QUOTE(ChAOoz @ Oct 20 2020, 11:00 AM)
For those goreng kaki with risk appetite, Solarvest might worth a look into as well  icon_rolleyes.gif

Timing have to catch on your own liao
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Is Solarvest or Samaiden better in your view?
abcn1n
post Oct 20 2020, 08:48 PM

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QUOTE(ChAOoz @ Oct 20 2020, 04:55 PM)
Solarvest. It has better growth prospect, and also better goreng potential due to it's holders.

There is risk in this one. Trade with care, but could have pretty good return if the operation is successful.
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Thanks. Went into Solarvest a tiny amount today. Plan to hold it LT, not for trade



abcn1n
post Oct 23 2020, 08:17 AM

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QUOTE(ben3003 @ Oct 23 2020, 07:23 AM)
Next year maintenance and construction work will be bleak for oil n gas sector. Heard carigali is cutting alot of budget on maintenance.
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Sigh! My oil companies except for Dialog now gg. Hopefully Serbadk can be successful with its IT transformation
abcn1n
post Oct 24 2020, 09:01 PM

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QUOTE(yehlai @ Oct 24 2020, 08:48 PM)
https://www.malaymail.com/news/malaysia/202...xt-year/1915949

Putrajaya: Covid-19 vaccine expected to be secured in first quarter of next year
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Hope that its safe for those that health is not so good. First, do no harm. If vaccine can be harmful, better not give or give to those who's in excellent health
abcn1n
post Oct 26 2020, 06:48 PM

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Market likely to be red tomorrow. sad.gif

https://www.thevibes.com/articles/news/4019...-council-member
abcn1n
post Oct 26 2020, 07:38 PM

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QUOTE(AVFAN @ Oct 26 2020, 07:01 PM)

“What is happening today is the result of the decisions made by the rakyat (in the last elections). We politicians are just trying to correct things.

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The quote above. rolleyes.gif

This post has been edited by abcn1n: Oct 26 2020, 07:38 PM
abcn1n
post Oct 27 2020, 01:23 AM

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https://twitter.com/esshimself/status/1320765124664176640
https://www.thevibes.com/articles/news/4059...katan-muhyiddin

JUST IN: Umno to continue working with Perikatan Nasional and Prime Minister Muhyiddin Yassin, after close to four hours of deliberations.

Gloves got hope to rise tomorrow without political disturbance
abcn1n
post Oct 28 2020, 01:43 PM

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QUOTE(immobile @ Oct 28 2020, 10:40 AM)
wow uncle kyy back with new post about supermax...so long never write about supermax hehe

https://koonyewyin.com/2020/10/28/supermax-...target-price-2/
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If Supermax really do listing overseas and Top Glove IPO in Hong Kong, will the share price rise or drop?
abcn1n
post Oct 28 2020, 05:03 PM

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QUOTE(icemanfx @ Oct 28 2020, 01:48 PM)
Topg is already listed in sgx. listing in hkex is more for owners to keep their funds overseas.
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QUOTE(ry8128 @ Oct 28 2020, 01:50 PM)
Wont have any impact at all.
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abcn1n
post Oct 28 2020, 08:47 PM

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QUOTE(AVFAN @ Oct 28 2020, 05:23 PM)
the main reason for dual or multiple listing is to improve liquidity.

investors in other bourses will be able to buy (and sell) easily; if it is not easily available to them, they will not be interested.

there will also be an arbitrage effect, i.e. if more investors see higher value and buy at one bourse, the same will happen in the others.

and vise versa if investors at one bourse want to dump.
https://www.investopedia.com/terms/d/duallisting.asp
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This post has been edited by abcn1n: Oct 28 2020, 09:01 PM
abcn1n
post Oct 28 2020, 10:46 PM

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QUOTE(AVFAN @ Oct 28 2020, 09:51 PM)
no worries la... should be positive.

i actually wish TG listing in HK comes on faster, have more foreign participation to determine the stock price.

i am assuming more good future profits, of course. tongue.gif
All my glove counters red right now. Bought at the high and did not feel comfortable topping up when drop as my view was that it would shoot up before earnings and I would liquidate 1 day before earnings, but it went down instead. Holding Harta, TG, Supermax and Comfort

My Malaysian portfolio now red. cry.gif Only bright spot left is tech. Don't want to liquidate my tech as want to invest and not trade. Previously when I liquidate some of it because it went down, but then it shot back up. Looking at USA market, worried for my Malaysian tech stocks.

This post has been edited by abcn1n: Oct 28 2020, 10:52 PM
abcn1n
post Oct 28 2020, 11:01 PM

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QUOTE(lowya @ Oct 28 2020, 10:47 PM)
every day portfolio suffer 1-2% will make investor pull fund out, last increase seen 0.5% but decrease 1%+, cannot tahan if this keep going on.
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But like that, its trading instead of investing. I want to invest instead of trade. Realized my timing is not the best, so best to invest


QUOTE(Duckies @ Oct 28 2020, 10:49 PM)
Wow so many glove counters. Should pick 1 or max 2 only and then masuk others like vaccine and tech to diversify and reduce risk ma
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Initially only TG and Supermax, then hand itchy ma, see Comfort so far from top, so maybe safer to enter. Actually initially had Pharmaniaga but then decide not to hold it and cut loss. Later shoot up 2x. Now I have Dpharma, but some loss there as bought this much later. Have tech stocks also. If not for my tech stocks profit, my portfolio would be very very very red as I made some bad decisions on my other non glove and non tech stocks. Need USA market to hold up as afraid it may affect Malaysian tech. I really want to invest and not trade my stocks if possible.
abcn1n
post Oct 28 2020, 11:20 PM

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QUOTE(DeMl @ Oct 28 2020, 10:57 PM)
all my stocks in red break new high negative as well. dont expect market to perform already for at least another one two weeks.
ur glove stocks will need to be held for some time before they turn profitable.
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I can certainly wait 2 weeks. My concern is whether I can even BE. Don't want to suffer loss.


QUOTE(ry8128 @ Oct 28 2020, 10:58 PM)
Just some of my personal view. Not a buy sell call, and definitely dun ever take my words 100%, as i am not a god. Just hope can help with of your decision making only.

» Click to show Spoiler - click again to hide... «

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I know tech stocks are overvalued. Malaysia stocks if they want to shoot up, their PE is way higher than US stocks. The growth area currently is healthcare and tech. Tech still have a very bright future and if I don't stay invested, I may miss it. Sigh!


QUOTE(AVFAN @ Oct 28 2020, 11:01 PM)
u have until dec 4 to do something if u wish.

to avoid odd lots, one should be holding in multiples of 4,500.

so that for every 4,500, u get 100 new shares - full bursa lot.

this is not the first time they do this, probably due to the large no. of treasury shares.
there is no guarantee tech or anything will stay solid.

4 gloves... i rather have less of them and more of each.
dow -800... but we have seen circuit breakers in action before.

this volatility will be around for next few weeks.
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Maybe I should stop looking at my Malaysian tech stocks and come back 1 year later since I don't want to trade. Haha! Quite a few big USA tech results this week. Heard Aapl phones are selling very well. Yeah, volatility will be high for quite a while.

If gloves refuse to allow me to even BE, I may become a LT holder which I really don't want to at this point. Will see what happens.
abcn1n
post Oct 29 2020, 01:00 AM

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QUOTE(lamode @ Oct 28 2020, 11:59 PM)
yes for rakuten trade.
it will be two separate trades.
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If other brokerage, will it still be 2 separate trades?
abcn1n
post Oct 29 2020, 12:38 PM

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QUOTE(HereToLearn @ Oct 29 2020, 12:18 PM)
I think it is unwise to leave tech stocks unsupervised, dont leave it and check back again 1 year later. Some of their PEs are so high now that if the growth expected is not reflected in QR. Growth investors might start dumping. If the drops a lot, this will trigger momentum investors to start selling, and consequently trigger and selling spiral until value investors start buying.
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QUOTE(yehlai @ Oct 29 2020, 01:20 AM)
Bursa is more challenging than US.. for me at least
I know have alot good counter like Digi, Nestlé, Penta master, Inari, Superlon, QL, Dialog and etc.. but still looking for a longer hill which you can enter late and still making good profit
or those business which are back by bigger VC or PE, don't have to generate good NP or dividend yet but at least growth is there

but as long as make money like you guys.. doesn't matter what the market after all
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My Superlon is gg already. Held for years and can't get out. Nestle--regretted that I sold too early. Price has gone way too high and its pretty stable now. Most people will not sell it, as its pretty stable/safe in times of crisis, plus it pays dividend. Can take it like FD. You can actually trade Nestle within a range. Don't think its good for capital/price appreciation though as its PE is way higher than other Nestle traded in other countries.


QUOTE(AVFAN @ Oct 29 2020, 10:09 AM)
afaik, u can sell odd lot on yr platform, but under some "odd lot" option.
volume may be lower, brokerage will be much higher.
if it is just a couple of shares, u may end up getting nothing net.
my view is u need more time, may be 6 months.
dividends can help reduce book losses.
meanwhile, when chance comes, u may want to rationalize/consolidate into lesser no. of counters.
nice, TG also positive.
speaks well of gloves tmr - i hope!

dow futures +2xx helping reduce asian bourses' losses.
even hstech on hkex is only -1.3% after nasdaq lost 3.7%.
the volatility will continue... bad for investors, good for traders.
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abcn1n
post Oct 29 2020, 07:32 PM

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QUOTE(lauwenhan @ Oct 29 2020, 05:38 PM)
Any MPI shareholders here? Bought small lots and omg already 5 figures. Future blue chip in Bursa?
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Me.

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