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 STOCK MARKET DISCUSSION V150

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foofoosasa
post Sep 5 2020, 07:48 AM

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QUOTE(lowya @ Sep 5 2020, 01:15 AM)
i have always wanted to ask about plantation, between SOP and SWKPLNT, how do you decide which one to go for?
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If really want choose one, I would choose SOP. From financial result it seems better margin and better managed.

Both also sarawak gov are the major shareholder which is inevitable in sarawak.

SOP is linked to shinyang group
Whle SWKPLNT is related to TA ANN.

Two also pure upstream player.
foofoosasa
post Sep 5 2020, 07:49 AM

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QUOTE(daidragon12 @ Sep 4 2020, 11:14 PM)
user posted image

CPO price looks promising.
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Bear in mind that CPO is a very cyclical commodity. Now actually is low season crop production
foofoosasa
post Sep 5 2020, 07:50 AM

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QUOTE(ry8128 @ Sep 4 2020, 09:17 PM)
My personal opinion, plantation gonna go up soon. Had been monitoring plantation related counter and CPO price for the past 2 weeks. So i guess u are on the right track to look at plantation now.

Just my own opinion ya, i could be wrong.
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Which counter in your watchlist? Hmm
foofoosasa
post Sep 5 2020, 07:56 AM

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QUOTE(AVFAN @ Sep 4 2020, 09:34 PM)
when plantations/CPO gets "hot", sure we can get to it... can start a new thread.
bursa tech too, why not someone start one since there are a few who are interested and vested?

gold counters, pharma counters, healthcare products, banks as well.

this bursa thread is pretty general and wide... a few more sector threads may be good.

there is maybank thread, MY reits, USA stocks, Hong Kong stocks, Sg stocks, Sg reits thread....

i do not think there is a gloves thread but there is a Top Glove thread that is very quiet, few want to visit.

can even do a "why u must not buy glove shares" if anyone is a determined enough antagonist!

it does get crowded here sometimes.... resulting in some complaining why not talk A or B?!!
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LOL, actually there are a lot of old thread but people probably just posting here because most user in this thread.

CPO still not yet hot la, still below 3k CPO price. Once it is above 3k and maintain that price for couple of months, then the sector probably will get some spotlight.
foofoosasa
post Sep 5 2020, 07:58 AM

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QUOTE(AVFAN @ Sep 4 2020, 11:42 PM)
yes, price been rising since may.

but seems pretty volatile from year to year:
https://markets.businessinsider.com/commodi.../palm-oil-price
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Catalyst

CPO above 3k

And

Price Maintain and sustain couple of months.





foofoosasa
post Sep 10 2020, 04:04 PM

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QUOTE(lowya @ Sep 5 2020, 08:08 AM)
from last quarter itself, margin for SOP 6% (38,342,000/626,060,000) while SWKPLNT 20% (19,392,000/97,422,000), or did you read the margin from annual instead?
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probabaly i saw it wrongly. lol sorry for misinfo
foofoosasa
post Sep 10 2020, 04:06 PM

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QUOTE(AVFAN @ Sep 5 2020, 09:51 AM)
the best gauge of an effective vaccine coming for real at anytime is the stock prices of the pharma cos. doing trials... last night:

moderna -3.45%
pfizer -0.03%
gsk -1.38%
astrazeneca -1.86%

these will fly if a real one is truly emerging, regardless of what happens to dow or ftse.

of course, as nov 3 elections draw near, there will be increasing noise about DT political vaccines.
ok, good to know... will keep an eye.

i last had plantation stock >10 years ago - the sime-guthrie-golden hope merger - made some money there.

say now... who are the most efficient producers?

sime, klk, ppb, ioicorp, fgv?
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United plantation is industry most efficient according to some insight.
foofoosasa
post Sep 10 2020, 04:07 PM

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Finally I can get little glove stock hmm.
foofoosasa
post Sep 10 2020, 07:23 PM

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Join supermaxx also today. Have fun tomorrow tongue.gif
foofoosasa
post Sep 10 2020, 08:10 PM

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QUOTE(debonairs91 @ Sep 10 2020, 07:36 PM)
I'm very curious to hear the answer. Can let me know please?

Okay let me change my question. Those still holding gloves, how long you guys going to keep holding? At what price are you going to sell
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I just punt small amount of money tongue.gif . Supermax drop to 5 i will add a little more ,even drop to rm3 i dont mind also.

supermaxx is still expensive now but not as crazy as before.

When to sell? See how the price go

This post has been edited by foofoosasa: Sep 10 2020, 08:14 PM
foofoosasa
post Sep 10 2020, 08:33 PM

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QUOTE(AVFAN @ Sep 10 2020, 08:16 PM)
good to see u put a bit of money in gloves! biggrin.gif

at current prices, unlikely to turn out a bad punt.

just dun dump within 24 hours! laugh.gif
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Actually i know many people want play rebound for this.

I just sold of 70% of my tech portfolio few days back. Hand itchy so come here play play.

The selling force is not small, can see many retail investor and trader panic.

If this panic cannot stop probably we can see 75% drop from all time high. See how it goes la.

And I suspect because of the loan moratarium deadline soon, some ppl trying to cash out .

This post has been edited by foofoosasa: Sep 10 2020, 08:33 PM
foofoosasa
post Sep 10 2020, 08:37 PM

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QUOTE(Vanguard 2015 @ Sep 10 2020, 08:16 PM)
I am in the same boat.  biggrin.gif  sweat.gif
I don’t have a crystal ball, bro. I only look at the fundamental and valuation. The recent meltdown in glove stocks is overdone.
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Hmm you think the price recently drop from expensive to cheap? hmm.gif

I think the price drop from craziness to expensive.at least price now is reasonable and justified though arguably expensive.
foofoosasa
post Sep 18 2020, 02:54 AM

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QUOTE(lauwenhan @ Sep 17 2020, 11:16 PM)
Do y'all actually think the glove rally is over? No appetite to eat, no mood to study/play video games. Thinking about how to cut loss tomorrow. Man, never cut loss that much before at one time.
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You should reconsider 💭 whether stock market suitable for you or not.

Second option is to consider reduce the value amount of your portfolio.

Whevenever I feel something similar above, I will try lock my profit or cut loss to reduce exposure.

This post has been edited by foofoosasa: Sep 18 2020, 02:54 AM
foofoosasa
post Nov 2 2020, 08:47 AM

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QUOTE(Vanguard 2015 @ Nov 1 2020, 04:33 PM)
The purpose of reading any books including investment books is to acquire the author’s idea or insight.

That is why people are willing to buy a book which may cost RM100 or RM300. The purpose is to acquire the knowledge or idea which may be worth RM1000, RM10K or RM100K.

Whatever knowledge that we gain will be with us for life. Nobody can ever take it away from us. Whether we lose our job or our house tomorrow, we can always start over with the knowledge that we gained...with a bit of luck and capital!

Just my weekend blowing water! 😃
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Just sharing my point of view as well.

I have from finance and accounting education background. So i have pretty solid intermediate knowledge from finance and accounting.

I stop reading investment book totally few years back. Investment is part of everyone life no matter you invest in FD stock, currency, previous meta or mining coin etc.

People should read more historical book like war, some art book, philosophy and psychological book etc to have better picture for how our world going.

Beside reading, i actively involved in business as well.

By doing business you actually indirectly improve your investment insight as well. Like getting info from supplier, banker, visit people factory, talking to expertise in specific field, nego with customer, or something like u put a focus on how new tech is going etc.

This post has been edited by foofoosasa: Nov 2 2020, 08:51 AM
foofoosasa
post Nov 8 2020, 04:04 AM

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QUOTE(ry8128 @ Nov 7 2020, 04:37 PM)
Waiting patiently too. Unlike glove and health care counter, wait till sleep already
foofoosasa
post Nov 10 2020, 09:18 AM

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cannot login at all LOL
foofoosasa
post Nov 12 2020, 07:55 AM

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QUOTE(yehlai @ Nov 12 2020, 07:18 AM)
Alibaba and Tencent is good buy now
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Good choice there. I already bought some yesterday
foofoosasa
post Jan 5 2021, 09:42 AM

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rejoin topglove bandwagon.

where is glove warriors? seem quiet here hmm..
foofoosasa
post Jan 5 2021, 10:08 AM

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QUOTE(AVFAN @ Jan 5 2021, 09:53 AM)
which one(s)?
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Bought some top glove. Not much la. Play play saja
foofoosasa
post Jan 6 2021, 03:03 PM

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QUOTE(statikinetic @ Jan 6 2021, 02:39 PM)
My opinion is that we should take a macro view of it.

A PE increase is usually a bullish market sentiment that prices a stock higher without any change of the fundamentals. Money flooding the market like we see today results in increased demand, which pushes up prices across the board. A good indicator is the KLCI, which is up above pre-Covid levels whereas the economy in the ground is still relatively flat. Among the most inflated PEs that we see is in the Tech sector, but we should not ignore the increases is other sectors. PEs expand in a bull market, and contract in a bear.

Malaysia today is officially in a recession. With political turmoil on the horizon.
KLSE is current priced like a bull market. A carry over of the recent 6 months.

It has to correct sooner or later, despite the bullish reports from IBs.
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Beside glove, other counter are priced like a bull market? 🤔

I don't feel it at all.


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