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STOCK MARKET DISCUSSION V150
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zstan
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Feb 19 2021, 03:42 PM
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QUOTE(MedElite23 @ Feb 19 2021, 02:40 PM) Uncle, may I know why do you think investing in unit trust is a better option for long term investment? What convinces you that the fund managers are more likely to outperform well- informed retail investors if you will? Though I understand that picking a basket of stocks can significantly lower than chances of missing out a bagger and minimizing risk of losing it all. It’s good to know about the % needed to recover for a specific % of loss based on the table you posted. While the math is correct, don’t you think as long as the company remains profitable eventually it will come back? Just the matter of waiting. Of course, I have no objection to “cutting loss” if an “investor” found better investment opportunities. From what I see, most people ended up cutting loss because they can’t bear the paper loss, not that the fundamental of the company has changed. I’m aware that some people tend to think Bursa is manipulated to benefit the money makers. While they can carry out some hanky-panky action behind the curtain in the short term (if it really does happen), isn’t it fair to think they can’t do this in the long term to a specific company? By long term I mean 3-5 years and above. At the end of the day, what drives a share price is the company performance. That’s why the quote that goes..in the long term, the stock market is a weighing machine. Or not...? lol. Anyone is free to give your opinion or join the discussion.  history has shown that no matter what happens, the index is always going up. so if you are buying into a pool of decent ETFs, it will likely grow. and also why we pay a token to fund managers so they can recommend performing funds. profitability doesnt translate to stock performance. very obvious in the past few months, especially on gloves lately.
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zstan
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Feb 19 2021, 04:01 PM
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QUOTE(MedElite23 @ Feb 19 2021, 03:58 PM) I think you meant the S&P500, in that case yes the trend has been up if we look all the way back from decades. But if you think all index will go up in the long run, you might wanna take a look at Japanese Nikkei 225 index. If you had put in any amount into the index in Jan 1991, you have only broken even in November 2020  If LONG TERM profitability doesn’t translate to stock capital appreciation, then what are we investing for? Trend? News? 😂 Might need to reevaluate what does investment even encompass.  that's why i don't rely on my own 'research' and let the fund managers advise me instead. having said Japan index performance indeed quite bad. Even Stashaway has an ETF that invests in all of Asia EXCEPT Japan LOL
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zstan
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Feb 19 2021, 04:47 PM
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QUOTE(MedElite23 @ Feb 19 2021, 04:09 PM) Nice. I’m considering to deploy some capital into ETFs too. StashAway is convenient and definitely worth a look, for now I am primarily looking into ARK ETF haha..any opinion on CathieWood with her future-looking investment outlook?  Never heard of her.  there are too many players out there. whether they can weather the market year in year out remains to be seen. there are many other things going in life for me than just investments to do so much research on it lollol. QUOTE(chocomatte @ Feb 19 2021, 04:10 PM) Any ETF in Bursa that sifu feel like is not bad to cover the US/Emerging/AsiaPacific Market in Bursa? Cuz it seems more convenient to handle everything in 1 portal (Bursa) rather than need to open FSM for instance. Bursa ETF not recommended cause the volume is so damn low. if you want to liquidate it takes very long some times.
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zstan
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Feb 22 2021, 09:22 AM
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TopGlove is still actively buying back shares
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zstan
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Feb 22 2021, 09:27 AM
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QUOTE(lowya @ Feb 22 2021, 09:25 AM) topglov management horizon is decades ahead, if yours is months, you should not compare. base on weekly comments on glove, most seem to be monitor on weekly or even daily time frame. i miss Boon's everyday rant of TG share buy backs
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zstan
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Feb 22 2021, 12:20 PM
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QUOTE(ben3003 @ Feb 22 2021, 10:52 AM) i also cannot understand, vaccine arrived, people see DHL also can transport vaccine perhaps? i see the transportation from airport to storage area actually don need ultra low temp freezer. even at sarawak, their trial also they also use hilux send only. just need good insulation container. they are using thermal shippers lah. once reach vaccination storage site only transfer to ultra low temp freezer.
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zstan
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Feb 22 2021, 02:57 PM
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QUOTE(VisdomQueen @ Feb 22 2021, 02:47 PM) Dear All. May i clarify that let say i send an order which i choose not to set the good till date. So am i correct to say that 1)My order will expired today IF there is no match However, let say the order have been all matched. Am i correct to say that 2)i can hold on the bought stocks until i decided to sell them? So 3) The good till date function only applies to the validity of the order BEFORE it is being matched right? Thanks in advance to anyone who is going to clear my doubt. Have a nice day  1) Yes 2) Yes if you settle your bill 3) Yup. Once it matches then the order is no more.
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zstan
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Feb 22 2021, 03:08 PM
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QUOTE(VisdomQueen @ Feb 22 2021, 03:06 PM) Thanks for the reply. For 2) Yes if you settle your bill Let say i am using a value trade account.i believed that the bill will be settled automatically if i have enough fund in the account right? Yes correct. enough funds only can buy if non margin account.
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zstan
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Feb 22 2021, 04:33 PM
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QUOTE(statikinetic @ Feb 22 2021, 04:29 PM) Here's an alternate view to consider. What if currently the KLCI is overvalued and the gradual sinking is actually a correction over time? Local & foreign institutions have known the fact and have cleared their positions for the past month of so leaving the retailers to hold the prices. KLCI has been carried heavily by gloves over the past 1 year and when it really gets corrected the whole KLCI sinks with it until our economy really improves or confidence restored. by restarting parliament.
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zstan
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Feb 22 2021, 04:43 PM
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QUOTE(statikinetic @ Feb 22 2021, 04:39 PM) We have been saying around these parts that the KLCI has been detached from economic reality for some time. I disagree that restarting parliament will restore confidence. In fact when it happens, expect increased volatility. The current climate has been helped by the political stability introduced for the next 6 months. Once parliament staets and the government becomes unstable, prepare for the worst. well stock markets all over the world are detached. but the main drivers for KLCI are undeniably gloves. unlike US got so many other sectors pushing up DJI individually. With emergency still in place there's nothing much they can do actually. Parliament won't be dissolved regardless.
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zstan
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Feb 23 2021, 09:03 AM
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dafuq happened to Mobilia
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zstan
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Feb 23 2021, 09:42 AM
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QUOTE(HereToLearn @ Feb 23 2021, 09:29 AM) Betting on recovery, but with oil price going up, it is actually hurting AA. And with so much debt, I am guessing it is the power of goreng Oil price doesn't affect air asia much as their oil contracts were already hedged.
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zstan
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Feb 23 2021, 04:02 PM
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QUOTE(pinksapphire @ Feb 23 2021, 03:58 PM) Sorry if I wasn't being clear. I was referring to the target low, as I'm in super deep red. And can only do averaging down as the last move before cutting loss in the near future. Thank you very much, brokenbomb. It is getting super low now. don't average down already man. just decide when to cut losss
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zstan
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Feb 23 2021, 04:41 PM
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QUOTE(wayton @ Feb 23 2021, 04:36 PM) Admire your decisive action. Decisive with execution of planned strategy is one key ingredient to become good and successful trader. I am still in the midst of learning it. all depends about the source of yours funds. if you are prepared to lose everything emotions unlikely to get in the way.
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zstan
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Feb 23 2021, 10:22 PM
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QUOTE(pinksapphire @ Feb 23 2021, 08:17 PM) Ah, the perks of sales charge waivers, lol...nice...I'm also trying out StashAway, diversifying out and trying out DCA and for long term purpose. I've heard good things about it. What's your expectation on it on per annual returns? I think the tech and China funds are quite good to foray into this year as well...I'm looking at some funds recommendation from my banks and is currently considering to put some into them. I'll aim to trim down my exposure in Bursa stocks moving forward...don't think it's the right time/right for me as of now, to have too much invested in it until I can get over some losses slowly to balance my mind out, lol US markets at all time highs. if Stashaway can do 5% this year also good enough for me liao.
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zstan
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Feb 24 2021, 12:33 PM
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QUOTE(ben3003 @ Feb 24 2021, 12:05 PM) yeah but now seems like cannot see bottom. everyday new low for glove stocks. Previously when reach 5, it charged back to 7, but no catalyst now for gloves.. even good QR also cannot save. anyone got any idea what would be a good entry point for gloves if value investing? later 2.30 pm see got show or not
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zstan
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Feb 24 2021, 03:04 PM
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my maybank still green ah
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zstan
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Feb 24 2021, 03:11 PM
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QUOTE(HereToLearn @ Feb 24 2021, 03:05 PM) Cause banks already sold down so much until most holders are strong holders ady + Value + recovery play combo. But still Malaysia banks are still super underperfoming compare to other countries' banks. yeah. maybank still below RM8  QUOTE(howyoulikethat @ Feb 24 2021, 03:06 PM) Still holding your fierce Harimau?  no fierce la. not even reach pre-covid price.
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zstan
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Feb 24 2021, 03:17 PM
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QUOTE(cofin @ Feb 24 2021, 03:14 PM) bro ...these factory spend a lot on R&D ......anyhow also will more and more advance gloves. how advanced can gloves be ?
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zstan
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Feb 24 2021, 03:20 PM
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QUOTE(Vanguard 2015 @ Feb 24 2021, 03:19 PM) Glove stocks in deep red Esceram down -13%, Ruberex -9%, Supermax -7%, Top Glove -7% etc. Time for my kamikaze mission? Vanguard sledgehammer move? 😅 sailang all in gloves now!
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