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 STOCK MARKET DISCUSSION V150

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MedElite23
post Nov 13 2020, 01:02 PM

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QUOTE(immobile @ Nov 13 2020, 12:07 PM)
user posted image
user posted image

hahah was this the pic circulating around this morning? we have uncle kyy, dr edwin...lay ming..stockpick2u team....damm gurus this year all earning crazy good $$$$$$
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Maybe they last week already pumped in at a significantly low price,now do show,take photo,once hit tp then dump, gg all retailers haha
MedElite23
post Nov 13 2020, 01:07 PM

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Btw,what is the role of these fb gurus doing site visit? It almost seems ridiculous and out of place for them to be there.
MedElite23
post Nov 13 2020, 01:14 PM

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QUOTE(Duckies @ Nov 13 2020, 01:08 PM)
So that all sifus and gurus can preach their followers to all in AT la what else
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If I remember correctly,that “dr” edwin teoh from stockpick2u just mentioned that AT is a goreng counter in his fb live session,now sudah making site visit 😂😂 special place in hell for these cunning foxes

This post has been edited by MedElite23: Nov 13 2020, 01:21 PM
MedElite23
post Nov 13 2020, 01:42 PM

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QUOTE(ben3003 @ Nov 13 2020, 01:41 PM)
Thanks for the sharing, looks fishy to me. If november wan start but the production line looks like half finish or for show only? Lol.. ok la tis is good for goreng counter.. so hot now.. can become casa de bursa lol..
So what u mean is the guy say goreng counter, then now he is among them at site visit for AT?
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You are right bang
MedElite23
post Nov 13 2020, 05:36 PM

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QUOTE(AVFAN @ Nov 13 2020, 05:03 PM)
interesting to see last 15 min, quite a bit of buying for Spmx and 8.78 and TG at 7.78.

878, 778... nice numbers, i guess. biggrin.gif

doesn't look like SBB to me... local institutions, likely.
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I was staring at the watchlist from 4:30pm, spmax hovering around 8.71-8.73, it’s only until 4:55pm there was a sudden spike straight to 8.78. Similar trend for TG. Guess retailers don’t have enough bullets to push in such magnitude lol.
MedElite23
post Nov 13 2020, 07:27 PM

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QUOTE(ry8128 @ Nov 13 2020, 06:42 PM)
Those ppl who follow the uncle, bad luck lo. Kesian for them. Just hope the tuition fees is well paid.

But if there are ppl who follow the guru just because they saw the guru is on site, and they lose money, then for me it serve them right, as they making their own assumptions.

Actually, for me, when we lose money, we only can blame ourselves. No point blaming ppl, even kyy. Anyone can write any shits in this world. I myself also can write TP for AT is RM100 if i wan. But at the end of the day, we need to decide what is wrong and what is right. If someone keep saying a dog is a cat, then its up to us to believe whether its a dog or a cat  laugh.gif
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True. It takes two to tap. To be frank,I’m really surprised to find so many people on those fb stock groups buying into the hype and keep luring others to hop onto the bandwagon. Nobody bothers to at least go through the company past performance or annual reports(if there is any!). Many of them like to ask: “still can in ah? To hold or sell?” and some even worse as if they praying to the money god :”today what counter to buy ah?” 😂

So really,to those who buy into these stories,serve them right!
MedElite23
post Nov 13 2020, 09:56 PM

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Though the market seems to have forsaken the big 4’s, as can be seen by strong selling pressure this week since the vaccine news came out. With increasing covid cases domestically/internationally, do you guys think the big 4 will make a come back? It’s rather demotivating to see Mr.market focusing on some smaller goreng counters with no track record instead.

One thing I noticed tho,is that even pre covid supermax was still growing from 2014-2019,with only a dip in 2017. Also,they are the largest contact lens (aveo)manufacturer in Malaysia,in that sense they have competitive edge against TG.

On the other hand,I also noticed TG’s growth has stagnated pre covid time,the pandemic has indeed given them a boost,so I’m not sure post pandemic how will they fare hmm.

IMHO,the glove story still hasn’t ended. The covid cases and earning reports of these big glove manufacturers certainly don’t lie.

Sifus any input?
MedElite23
post Nov 14 2020, 09:39 AM

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QUOTE(AVFAN @ Nov 14 2020, 09:21 AM)
the glove story is not ending anytime soon, alto many think and say so.

it will take a couple years just for things to settle down - vaccines distribution, effectiveness; how permanent; change in per capita use; restocking of low inventories, etc.

supermax in some ways is better positioned than others, incl greenfield ventures into contact lens, premium masks and manufacturing in USA+UK.

topglove has more cash and may be looking at acquisitions and diversification into other healthcare and non-healthcare.

we just have to watch their QR's in the next 4 qtrs, see what info comes out.

PAT should stay excellent as orders pile up >1 year, but we need to see what else in there - selling prices, total revenue, new lines progress, and risks.
yes, been a bit shitty lately.

twice in the last week, i experienced.
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Good point bang. Do you think if it’s possible that even if a company performance is good, its share price won’t increase as long as it is not acknowledged by market? Reason being,even if I take spmax net profit (based on later 4Q) and have it reduced by 25% every subsequent quarter for coming 3 quarters,the price is still at rm22 assuming PE unchanged at 18.

This post has been edited by MedElite23: Nov 14 2020, 09:39 AM
MedElite23
post Nov 14 2020, 12:03 PM

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QUOTE(icemanfx @ Nov 14 2020, 11:36 AM)
Share price is forward looking, has priced in recent quarterly profit.
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Yes but maybe not applicable in this circumstance? Because their quarterly earnings will probably maintain if not better,so it’s not justifiable to say their current share price is a reflection of future earnings. Plus,we all know the share price drop this week is attributable to vaccine news.
MedElite23
post Nov 14 2020, 01:52 PM

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QUOTE(ChAOoz @ Nov 14 2020, 01:26 PM)
Covid might be control sooner than expected. But that also means a smaller stimulus package or none at all.

Pros and Cons i guess

https://www.cnbc.com/2020/11/13/vaccine-cou...1-ubs-says.html
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Sometimes social media is really good at making speculative news. That’s why title always comes with “May,could,possibly,expecting” etc, all of which have speculative connotations. They would lose their job the moment they stop fabricating something out of nothing.
MedElite23
post Nov 14 2020, 08:28 PM

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QUOTE(icemanfx @ Nov 14 2020, 08:08 PM)
The threat to gloves earnings is not vaccine but new supply.
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IMO,whether or not smaller cap companies who just ventured into glove business can survive in long term is debatable. Because it will be disadvantageous to compete against the big 4’s who are well established and can produce at a lower margin cost with higher turnover rate. (Even if ASP becomes lower,in fact the impact to new glove companies will be more significant)

Ultimatelty,no one can guarantee these small companies will successfully start producing,let alone making legacy in the industry. Risk aversed investors would prefer to look at cold hard numbers. Just my 2 cents,la.
MedElite23
post Nov 16 2020, 03:22 PM

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QUOTE(Vanguard 2015 @ Nov 16 2020, 03:00 PM)
For those doing trend trading or trend following, I guess they would have gotten out from glove stocks by now.

Time will tell whether I am making a mistake by staying in glove stocks.
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You’re not alone bro. Believe in the fundamentals. They can’t be compared side by side with penny stocks. If holding actual glove companies are wrong,let us be punished.
MedElite23
post Nov 16 2020, 03:23 PM

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QUOTE(Bendan520 @ Nov 16 2020, 03:12 PM)
Dont blindly buy and hold.. there's a reason why SUPERMX remain around RM1++ pre-covid even though fundamentals are very strong.. each time pandemic is over the prices will go down, but this time, it is already at the end stages of the pandemic. Vaccine news popping out everywhere.

Invest carefully.
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News remains as news. Numbers of cases are climbing,that’s fact. Get it right man.
MedElite23
post Nov 17 2020, 03:48 PM

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Come back is real! 😝😝😝 Aiya iceman why you so negative
MedElite23
post Nov 17 2020, 05:05 PM

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QUOTE(ry8128 @ Nov 17 2020, 05:01 PM)
Lmao, didn’t get a single queue. Hope tmr will continue to go down. See gloves so cheap but didn’t able to buy really makes me feel sad.
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Intraday high to low 1.12 should open up quite a big window for entry wad..
Your queue price too low is it? tongue.gif
MedElite23
post Nov 17 2020, 05:30 PM

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QUOTE(Vanguard 2015 @ Nov 17 2020, 05:24 PM)
Eh, suddenly I see so many new forumers in this thread posting today.

Where have you all been hiding previously???  biggrin.gif
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For me,I’ve always been a quiet reader in this subforum..but this glove theme has really motivated me to join in the conversation tongue.gif 🙏
MedElite23
post Nov 18 2020, 12:19 PM

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QUOTE(Vanguard 2015 @ Nov 18 2020, 11:54 AM)
A combination of factors...common sense, art of tikam, reading the news, follow the trend, some paid subscription as well:

1. Absolutely Stocks.
2. Simply Wall Street.

I was reading an investment book last night. It says that we must use a holistic approach in stock analysis. I agree with that approach.

It is good if one has a finance background and can crunch the numbers to analyse a company's audited accounts. But IMHO, that is not enough. It is just one part of stock picking. A holistic approach means we look at the economy situation of the country and globally as well. What is the current trend? What the current social and political situation in the country?

A stock may have the best valuation and fundamental in the world but if there is no retailer or IB interest, it is just a dead stock. The price will not move. In short, there is no momentum for the stock.

Just my kopitiam talk. I am no expert in stock trading. There are plenty of sifus in this thread who are better than me.  :thumbsup:

Edited :  I forgot about something as well. A combination of IQ and EQ is important. Also, put aside our ego. I have said it many times. Ego is the enemy. There is even a book with this title written by Ryan Holiday.

When we are under a delusion that we are the smartest trader or investor and anyone else who does not agree with our view is an idiot, that is the end of our success in life including stock investment.
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Thank you Sifu for indirectly putting money into my pocket😊

MedElite23
post Nov 22 2020, 02:41 PM

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Kyy has an opinion on TG’s SBB haha

https://koonyewyin.com/2020/11/22/top-glove...yqHsJmhvljyYPXg
MedElite23
post Nov 22 2020, 02:51 PM

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QUOTE(zz287963 @ Nov 22 2020, 02:46 PM)
So he just implied people to buy Smax instead of TG.

His image dropped after I witness his actions in AT  shakehead.gif  shakehead.gif One week and things changed for him lol
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I never trusted this fox,only read his blogposts for entertainment purpose haha. He can make such intricate calculations on TG Spmax but conveniently forgot to look at AT’s poor pass track record.
Some more visited their kilang haha biggrin.gif tongue.gif
MedElite23
post Nov 23 2020, 11:25 AM

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QUOTE(Assassin's @ Nov 23 2020, 10:54 AM)
Be careful with packaging stock right now, TGUAN and MASTER saw a big sell-off when their QR result wasn't as good as expected.
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I’m quite satisfied with tguan QR actually,able to sustain profit despite covid,don’t understand what other shareholders expect,seems like they will never be satisfied regardless of performance anyway,kan bursa famous for share price drop after announcing good earnings haha..anyway,imho they’re currently trading below fair value. Some ppl attribute the sell off to locking in profit from the bonus issue..but in a long term I still think they’ll fare well.. disclaimer:I’m vested in tguan,so my opinion may be biased,so take it with a pinch of salt biggrin.gif

This post has been edited by MedElite23: Nov 23 2020, 11:30 AM

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