I'm skeptical about this month, at least until end of CNY, then only re-evaluate and go in.

JAKS - good buy at least.

we should do something like stockpicks for our stock exchange forum for FY 2017!

anybody wants?

lookout for fajar

see this morning target 80 cents first.

Tech stocks are raging, just be careful not to be trapped since its just a short rally for Jack maaaaaaaa

Ive been aiming too.

Today's news (thestar) Malaysia exports grew 26.5% in Feb'217.

4th Month of consecutive growth.

What else u expect? Its a bull year run. If cannot make money this year, better put all in FD. LOL

anybody got it?

Its time to masuk Ekovest again - after the shocking bandar malaysia deal guys, anyone waiting to join?

Both banks have potential and serves different markets as their base.

Get both.

I agree on this with you. Even after HSBC announce 50% profit decline (inclusive of provisions), it still never fell below my bought-in price.

However, i dont think one has priced in Q2 growth/decline results. So maybe May/June, we MIGHT be able to see another low.

I bought in at 390.

Might just be the case of individual investors, worse is to come!
(funds buying in)

When economy turns well, individuals starts buying in to ramp up inflated price.
(funds starts selling).

These times, its only good for day/week trades. Do keep the good dividend ones if you bought in cheap.

RDSB results are out.

Cut two-third dividend to 16cents from 47cents.

I am giving a scenario of 16cents again for the next Q, which is very optimistic already given the months of april and may is gone.

Taking a GBX scenario.
Scenario 1: 13pence*4Q with current price at 13.5pound: ~4% divvy yield
Scenario 2: assuming Q1 to Q4: Q1 16p + Q2 16p (because they secure loan and cuts share repurchase, may be able to give the same dividend as per Q1), Q3 and Q4 recover to 20p: ~5% divvy yield.

At current price of 13.5
Scenario 1: ~50pence - 4%
Scenario 2: ~70pence - 5%

Is it still a good purchase now? Or is it fairly valued? Im putting 13.5 pound share as the current price. Of course, if it is lower, your yield will increase. Now...my take, i will wait for it to drop more to justify the yield, given the circumstances of oil price increasing but without demand still, its like taking a shot at future already.

What's your comfortable price to enter zack? The drop is big today. The only unsure thing is the next 3 days.

It is about 5.5% yield given the same scenarios i put, with slight adjustment to 12.5 instead of 13.5.

To hit 6% ish, it must go down to 1150. Oilprice really swings. I hope some made money when i call it to average at 24 early last week.


On a side note if interested, get into BP once below 300, HSBC and Stan chart below 400, get all in, once it rebounds, go for a quick profit.
Currently FTSE and europe is looking bad because ECB offers more funding for banks and also predicts might -12% GDP this year, investors panic. hahaahah

This post has been edited by GloryKnight: Apr 30 2020, 09:55 PM

It still boils down to fundamentals for the banks. Hsbc and scb are emerging markets focussed banks and top 10/100 in the world. One of the other reason to like scb is if you like DBS, then all the better as temasek owns a big part of it if you like (not a very appaling reason but sg can wield more shareholder power like Icahn).

HKers are emotional people but very calculative. Obviously HSBC biggest bank there and once economy recover slowly but surely in the long run, money will pour back in. But ive been monitoring these two and yoyo above below 400, some support levels.

Other cases, try offshore banks or even LATAM banks. Some are a cheap deal right now. Whats your tech profiles like? Im monitoring some now too. Missed the boat on TTD earlier.

ITUB - latam shares, looking for an entry.
NTB - im vested in this one currently (super glad i make the right decision, just didnt go thousands inside, with a few hundred dollars only, i would say for banks, i dont buy JPM, BAC, i choose these offshore banks where ultra rich are), this stock is a keeper for long term hold. I will go more when it goes down if ever. Reported good growths compared to big banks today!

Tech stocks: i havent made any buys but looking at ur above list, only amazon, msoft, visa, rubi, alteryx and yext are on my watchlist (mix of growth and majors).

I like LSE due to pound vs hkd and also their HQs are in london, not hk. Besides wont be moving to HK anytime soon.

I will check out GLOB, thanks!

Underperform from late 2018 due to acquisition and integration of the othee entity. Seems likely in their past earnings call that they are completing the integration already. If interest dips to -ve, all banks in the US gonna charge -ve in deposits.

Bursa gonna drop again monday since extended.

Means may/june impending crash is inevitable for stock markets...

If you are keeping it for thematic play/growth stock, just continue keeping it. If you are buying for the trade only, then sell once hit your TP or % profit gain.


I still have about 5k myr worth of NTPM though, its been with me for the last few years, never sold it. Its a growth stock for me.

I would like to *hear* your reasoning this time as the last time i did my calls on oil prices, you had opposing thoughts which i relied on TA and it hit the prices for trades on the spot.

Quote what you said earlier; dont anyhow say unless you got proof FA/TA.