Malaysia has finalised an agreement to purchase 12.8 million doses of Pfizer Inc’s COVID-19 vaccine that will start to be delivered in the first quarter of next year, said Prime Minister Tan Sri Muhyiddin Yassin.

The doses will be enough to vaccinate 6.4 million people, with the initial shipment of one million doses earmarked for 500,000 frontline health workers.

Muhyiddin added that Malaysia has also closed a deal with Covax Facility for its version of the vaccine, which would be enough for approximately three million Malaysians.

All Malaysians will be vaccinated against COVID-19 without charge, Muhyiddin added.

Muhyiddin said the American pharmaceutical firm has committed to delivering another 1.7 million doses in the second quarter of 2020, followed by 5.8 million and 4.3 million in third and fourth quarters, respectively.

The vaccines will be dispensed based on priority when they arrive, with those in high-risk groups to receive these ahead of the general population, the PM said.

“With the COVAX facility & Pfizer deal we now have doses for 30 per cent of our population.

Source: Pfizer’s COVID-19 vaccine to arrive in Q1 2021 and it’s free for Malaysians

QL selldown until suspended.

The chips shortage is due to high demand plus port/container congestion.

But yes semicon/electronics is a stable growing industry. Covid19 has accelerated this trend even faster, and their growth is sustainable not just in pandemic.

Here recycle the edge article again for you, see which part of the industry you are interested in:
https://www.theedgemarkets.com/article/cove...tor-value-chain

chip testing and test socket manufactuerers abound in Pg, so can be proxy for semicon industry.

in good tiems, they will earn and if they are leaders in the industry and some are, they will gain. we dont have chip foundries like TSMC here so we only have proxy exposure via the suppliers that you have mentioned.

Not sure if I even want to recommend any tech stocks right now since their price have become so expensive these days. I'm personally trying to diversify my portfolio to reduce reliance on tech.

Here's a list of tech stock that I'm personally holding:
* UWC: Semiconductor and life science play (Intel and Agilent).
* Greatech: Solar and EV play (First Solar and Lordstown).
* JF Tech: 5G play and got partnership with Huawei.
* MPI: China exposure with Carsem Suzhou.

Tech stocks I wished I had before their price shot up:
* Unisem: China exposure with its Chengdu plant.
* D&O: Automotive LED play.

If I had to recommend, I would probably say be on the lookout on Greatech. Right now its probably sliding down since there's no news from First Solar expanding its capacity, which it really rely on. And also Lordstown haven't even launch their Endurance truck.

And if you want an in-depth analysis on Greatech fundamental, can read the article and also watch the video below which explains it in great detail.

Behind Greatech's "great" number

today, FF surely continue selling... sell until zero?!

Thank you both for your kind words. I am happy if it contributes some sort of value to the folks here.
After all, like the namesake of a forumer here, I am here to learn from the wise. My day job has helped me this far, getting other people's experience will push me further.

Going by the constant theme of gloves, I think I may be the only person here who has never bought any glove shares.

Well, what you could do is prepare yourself for the next big one. The market will always be here. So when the next big one comes, make sure you are more than ready.

Meanwhile ... you can just practice by making fake trades. I still do myself. Challenge yourself. Find out what you can do, what you can't, what you are good at and what you are not. Just take a small note book, like 555... and if you observe a good trading possibility, mark down the prices on the notebook. And very important also, mark down why you are trading that stock. Observe the results. The success and the failures.

EPF 18 dec...

incr TG stake from 5.129% to 5.26%
https://www.bursamalaysia.com/market_inform...?ann_id=3116287

BUT... look closer:
SBL = security based lending.

i.e. EPF lent 14mil TG shares to some IB(s) to short sell, returned on 18 dec.

18 dec was the expiry date for MacQuarie call warrant c69.

that is proof that EPF is a wolf, IBs are hyenas.

let's see if the IBs will buy back more in the coming days.

tmr is expiry date for RHB call warrants c73... and it was obvious a lot was bought today last minute at 6.73.

next is CIMB call warrant c77 expiry 31 dec.

there is no end to these warrants, is there?!

as of yesterday, there is still 0.86% or 62 million TG shares short sold outstanding - bet they are from EPF loaned to some IB(s).

be patience.

what they are doing is good.

if we are doing it the correct way, we should be very happy when the price drop after we bought TG.

they will help to make the price drop, at least I hope so.

 

we more or less know now.

what sky meant was to be aware of the expiries of those call warrants, the changes in net short positions, and act according.

there are still dozens of them active, may or not be in the money.

however, by feb 2021, most of them wud become rather harmless as they were priced high to be out of the money even now.

You really need to dig deep to what is being said and do your own analysis. Never rely on others.

1. SBL existed  ... easily more than years.

2. To become a 'matured' exchange, Bursa needs to facilitate players/funds with tools such as shorting. In order to have short, the exchange needs programs such as Security Based Lending. Funds and companies that have excess stocks, in which they have no intention to sell, can lend out their stocks for funds and even etf to short. For EPF, SBL lending of securities is a great additional source of income. Why not? If the share is hot, lending can set a premium lending fee. Some shares lending charges is more than 10%.

3. Can it be abused? Of course. Anything can be abused. In the same perspective, if one argues that shorts can be abused, why don't they even address the issue that share buybacks can be abused? Yes?

Because if you do it the correct way, you won’t all in in one shot. You will hope to be able to buy more at cheaper prices  for your 2nd, 3rd, 4th or more batches.

So it’s important to know how they press/push the price so we can strategies our entry/exit accordingly for this case. The best way to stress test your “know-how” and strategy is to find out their “usual” practice with those fund managers.

I try to explain it in the most simplified way. Hope you get what I mean. It’s very interesting and more to learn once you get to know the game.

Cheers!

Calculator not big enough

See chart, low or high price

Looks like our morning coffee 9am entertainment is on tomorrow.
Unless Supermax takes a page out of TG book and suspend for 1 hour.
The old old fart probably got a margin call today.
Whichever counter he goes to, I'm definitely not there.

Wednesday, 30 Dec 2020
5:51PM  TOPGLOV    EMPLOYEES PROVIDENT FUND BOARD (4,062,800 units Transacted)
8:52AM  TOPGLOV    TOPGLOV - Trading Halt and Resumption of Trading
8:41AM  TOPGLOV    LIM HOOI SIN (3,290,000 units Acquired)
8:41AM  TOPGLOV    LIM JIN FENG (3,290,000 units Acquired)
8:41AM  TOPGLOV    TONG SIEW BEE (3,290,000 units Acquired)
8:41AM  TOPGLOV    TONG SIEW BEE (3,290,000 units Acquired)
8:41AM  TOPGLOV    LIM WEE CHAI (3,290,000 units Acquired)
8:40AM  TOPGLOV    LIM WEE CHAI (3,290,000 units Acquired)
8:40AM  TOPGLOV    LIM HOOI SIN (3,290,000 units Acquired)

Already settled it with coffee.
I must say today is more eventful than yesterday's TG suspension.

Who knows what 4.30pm has in store for us?