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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Jul 29 2020, 02:33 PM

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QUOTE(Deathscythe@@ @ Jul 29 2020, 02:32 PM)
as expected, Big 3 without TG rising now..
*
Which Big 3? Harta, Kossan and....?

Bursa doesn't look good.... since announcement yesterday, fell to 9.43 from 10+

This post has been edited by ZeroSOFInfinity: Jul 29 2020, 02:36 PM
ZeroSOFInfinity
post Jul 29 2020, 02:39 PM

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Looks like after some recovery, another round of profit taking. This gonna take a while.
ZeroSOFInfinity
post Jul 29 2020, 02:44 PM

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QUOTE(HereToLearn @ Jul 29 2020, 02:43 PM)
Top hasty, wait for the 3pm announcment bro
*
Might be too late by then. But who knows?
ZeroSOFInfinity
post Jul 29 2020, 02:54 PM

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QUOTE(wts6819 @ Jul 29 2020, 02:52 PM)
Big 4 recovering.
*
Now I need Careplus and XOX to start climbing higher.....
ZeroSOFInfinity
post Jul 29 2020, 03:14 PM

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QUOTE(james.6831 @ Jul 29 2020, 03:09 PM)
i doubt TG and Supermax will close red today... knowing how bombastic their QR gonna be....
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Big 4 recovering. Anyone missed the boat?
ZeroSOFInfinity
post Jul 29 2020, 03:19 PM

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QUOTE(AVFAN @ Jul 29 2020, 03:17 PM)
that was a great great chance to enter.

i did not loot by breaking windows but did pick up some food thrown out on the street.

so, ok. laugh.gif
*
Guess everyone was waiting on the monotorium thingy. Now climbing......
ZeroSOFInfinity
post Jul 29 2020, 03:21 PM

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Another round of profit taking......
ZeroSOFInfinity
post Jul 29 2020, 04:11 PM

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Looks like Kossan will be the winner today. Unless the others do some magic.....
ZeroSOFInfinity
post Jul 29 2020, 04:20 PM

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QUOTE(twilight_fever @ Jul 29 2020, 04:19 PM)
tg a lot of profit taking..lol...
lets wait and see...
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Wait till 4.30 or even 4.40pm - what happenes during that time will determine how it ends.
ZeroSOFInfinity
post Jul 29 2020, 04:22 PM

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QUOTE(theberry @ Jul 29 2020, 04:21 PM)
Xox also kena
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That was the disappointment so far. But still can hold. Tomorrow might change.
ZeroSOFInfinity
post Jul 29 2020, 04:29 PM

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Looks like downtrend ended. 4.30pm game on.
ZeroSOFInfinity
post Jul 29 2020, 04:43 PM

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Well looks like a mixed day. See how tomorrow goes.
ZeroSOFInfinity
post Jul 29 2020, 05:02 PM

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QUOTE(AVFAN @ Jul 29 2020, 04:51 PM)
didn't recover as much as it could have but ok la...

one thing have emerged - TG is injured, handicapped.

until they sort out the US ban and NZ supermart no-sell practice, unlikely it can move up much... some bad taste in the mouth.

for some reason, supermax seems to be tethered to TG..?

harta, kossan, the rest.... looks doing fine, pretty normal and good.

till tmr!
*
At least the fall this morning didnt injured much my paper profit. Managed to claw back roughly 70%.

Only disappointment is XOX...... the one negative in my portfolio. Hopefully it comes good soon.
ZeroSOFInfinity
post Jul 29 2020, 05:06 PM

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QUOTE(dupreehere @ Jul 29 2020, 05:02 PM)
Do u think will be massive cashing out tmr for raya?
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Maybe not. It was done this morning. But..... I could be wrong.
ZeroSOFInfinity
post Jul 29 2020, 06:23 PM

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QUOTE(AVFAN @ Jul 29 2020, 06:13 PM)
something about TG today...

while the NZ fiasco happened, something else did too.

50 mil c63 warrants expired by end of day today, to be listed on 3 oct 2020.

last price 4.24x5 + 4.75 = 25.95.

great for those who exercised since mother closed at 26.14.

next warrant is 35 mil c64 expiring 26 aug.

https://klse.i3investor.com/servlets/stk/711363.jsp
https://klse.i3investor.com/servlets/stk/stwarrant/7113.jsp
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No wonder it caused a sudden fall.... this might be the better reason than the NZ issue.
ZeroSOFInfinity
post Jul 29 2020, 06:31 PM

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QUOTE(AVFAN @ Jul 29 2020, 06:26 PM)
well... the nz thingy caused the fall before lunch break.

afternoon, with c63 is menacing over it, no chance to recover.

see tmr la...
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According to someone in I3, it says the warrant expires tomorrow. So there wont be any selling pressure expected, since today already executed.....
ZeroSOFInfinity
post Jul 29 2020, 06:36 PM

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Harta Q2 is next Tuesday. Gonna be lots of buying tomorrow and Monday....
ZeroSOFInfinity
post Jul 29 2020, 07:56 PM

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QUOTE(SGSuser @ Jul 29 2020, 07:00 PM)
Hopefully most retailers dont panic see xox latest announcement

It's just a clarification but gt many ppl panic edi...oh well haha
*
You mean this?

QUOTE
Reference is made to the Company’s announcement made on 27 July 2020.



XOX Bhd ("XOX" or "the Company") wish to further announce that :



1) XOX has not identified the Chinese Telco, upon signing of the HOA with Jiangsu Sulian Asset Management Co. Ltd, both parties will commence the discussion on the option of Chinese Telco.



2) Jiangsu Sulian Asset Management Co Ltd. approached XOX on the opportunity to venture into the business of regional deployment of 5G mobile networks with the Chinese Telco, the estimated total capital and investment outlay intended to be committed by XOX has not been discussed at this stage.



Further announcement will be made to Bursa Malaysia Securites Berhad on any commitment of financial obligations for this project as the information surfaces.



3) The countries identified as part of XOX’s plan to venture into the business of regional deployment of 5G mobile networks with the Chinese Telco are Malaysia, Thailand, Philippines and possibly Indonesia.



4) No fee is payable by XOX and/or XOX Media Sdn Bhd in the event that the HOA is terminated prior to finalisation of the commercial agreement between XOX and/or XOX Media Sdn Bhd and the yet to be identified Chinese Telco.



This announcement is dated 29 July 2020.


Anyone who sells because of this "so called bad news" gonna lose out when XOX announce the correct one.
ZeroSOFInfinity
post Jul 29 2020, 08:41 PM

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QUOTE(theberry @ Jul 29 2020, 08:25 PM)
i am confused can explain alittle bit more?
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If what I understood is correct, XOX clarify that Jiangsu is the appointed "middle man" for the 5G project. The Chinese company for the collaboration has not been identified yet.

Some will think that XOX will not get the 5G project after this announcement. If that's the case, why KAG exercised their share options yesterday?
ZeroSOFInfinity
post Jul 30 2020, 03:24 AM

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Looks like DJI ending in green today. Good omen for today's trade - the last for July.

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