Time to TP my GenM ... crazy news. Cmco till December as if Genting can profit

Haha from hopeless coz the cmco news out I tot gone case my GenM.

Then suddenly this goreng news 90% success for vaccine

Not like we can get Vaccine anytime soon...i dont understand Why airlines go up. Sure gonna come back down. Next year Q2 only we can get the vaccine.

When was the last period we saw banks move more than 10%?

Belanjawan2021 : BN akan sokong dengan bersyarat, antaranya pelanjutan moratorium, pengeluaran KWSP secara 'one-off' - Najib

Banks gonna tank again. Sad.

Another vaccine news

Do tell regarding Ytl reit.

As covid vaccine isn't anytime soon, it's property would still be not able get profit no? 🤔

The game of stock market, is when everything is known by everyone and is confirmed, it is too late.

Hence that's why stock market always works on the basis, buy on rumour, sell on news.

When vaccines finally being distributed, airliners, hospitality stocks likely already rise a lot from the bottom.
Vice versa, glove stocks are taking a hit early on now, anticipated vaccine progress, if not it won't trading at single digit PE.

Similarly, banking stock was trading at single digit PE, high discount to book value, because of anticipate of rise in NPL due to pandemic.

That's why at the moment due to drastic change in economy situation, PE is not a good barometer for valuation, and may result a PE trap.

This had happened on refining stocks many years back, steel stocks as well.

Wow tiger bank managed to end in the green!

PAT 545mil last qtr, kuan has the cash if he wants to do it; but i wud think he feels the stock price relative to all the rest is OK, no need...?
they wanna buy back up to 10% or 820mil shares for HK listing.

now, after all that buying, only 68mil in treasury.

surely dun have all the cash to do 10%, will need lim himself to let go some of his 30%.

watch out bank shares tmr.

and renewed bursa goreng action!

Not official yet ba. This guy is who? LOL. unless AA or PM8 mentioned it then something to look into.
To lure ppl dump banks stocks? lol

foresee gonna drop today due to loan moratorium extension

most sectors becoming green except for gloves

MAYBANK UP UP UP UP UP UP

hopefully this vibe is positive enough

we shall see when the budget goes for voting next week. unlikely just mere political talk.

Our banks ( the big 3 at least) are flowing with money lol. Even during Q2 with moratorium they still made nett profit of BILLIONS. And october some of these people have started paying back. so i foresee q3 will nett profit as well.

make sense though...true...there is just way too much unsold units (apartments) over klang valley atm....is quite bad and serious but developers just keep building and buldinggg   

So, you all believe in recovery play now ah? Gloves sudah tak laku lah?