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 STOCK MARKET DISCUSSION V150

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Reyeskb P
post Feb 22 2021, 06:15 PM

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What is the net short % for TG so far?
Reyeskb P
post Feb 22 2021, 08:25 PM

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@AVFAN, thanks for the info. A bit worrying now since the % of net short for TG has been reducing but the share price still dropping. Means shorties are winning right now...
Reyeskb P
post Feb 23 2021, 08:05 AM

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QUOTE(skty @ Feb 22 2021, 11:53 PM)
what's the time horizon of holding on TG? If you intend to trade, your opportunity might be gone in the near future. If you intend to invest, you should be excited by now.

if you don't really need urgently to use the money, don't need to worry smile.gif

if you have any friends that were TG shareholders and very supportive, you can try to observe when they mostly turned to bearish, you can know it's almost the bottom already.
I am always wrong.

Good luck.  smile.gif
SBB is not catalyst so don't expect it to push the price up.

just be patience and ride it out. Let those hands to carry out their plans until it complete.

after they get what they want, then we will get what we want.
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@skty, I am holding TG since 20-Nov-2020 at price RM7.30 for investment purpose instead of trade. Bad timing as I bought TG just before its covid cases happen. Anyway, will hold it for at least till June this year to get the huge dividend brows.gif

Thanks for the encouragement, sifu. notworthy.gif
Reyeskb P
post Feb 25 2021, 05:15 PM

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Really need a strong heart to hold glove stock. Have down enough to leverage down until no more bullet. Let's hope TG to continue GREEN tomorrow biggrin.gif
Reyeskb P
post Feb 27 2021, 01:44 PM

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SPMX has paid the heavy price for their stingy dividend. Will their share price keep on dropping till same price with Kossan in next month?
Reyeskb P
post Mar 1 2021, 05:51 PM

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QUOTE(Vanguard 2015 @ Mar 1 2021, 05:05 PM)
And the market is closed. Not a good day at the stock market for you?

Some value investors here want to throw in the towel already? Become traders of goreng stocks?

Some traders here (especially those holding glove stocks) also want to throw in the towel already? Become unit trust holders, exit the market and curse KLSE forever?

Don't give up! You win some and you lose some. Time for reflection. Where did we go wrong?  How to improve our game plan in the future.

I entered a number of counter today apart from glove stocks for trading. See how they will perform tomorrow morning. 

There are bigger things in life apart from the stock market. Life goes on. Cheer up! console.gif
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Well said, @Vanguard 2015 sifu. rclxms.gif
I will never give up & let's wait for TG qtr on next Tue. thumbup.gif
Reyeskb P
post Mar 2 2021, 02:10 PM

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QUOTE(CSW1990 @ Mar 2 2021, 10:15 AM)
anyone still holding glove stock?
used to think about hold them for long term after get trap (TG at 7.4, SPMX at 8.9, LKL 0.9) but now feel relief i cut loss last week. Since plan to hold long term i dumped to US Cruise stock and bitcoin instead..
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I am still holding TG at mid floor of 6 after average down several times sad.gif
Btw, what happen to LKL as it has dropped from 0.80 to 0.425 recently?
It suppose not a goreng stock, right?
Reyeskb P
post Mar 3 2021, 11:41 PM

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QUOTE(Vanguard 2015 @ Mar 3 2021, 10:19 PM)
Really? Thank you for the support. Time for me to start a blog! 😃
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Yes, please create a blog something like KYY...sure famous one. :-)
Reyeskb P
post Mar 10 2021, 01:57 PM

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QUOTE(james.6831 @ Mar 10 2021, 01:00 PM)
Dataprep maybe won some big contract so the insider goreng kao kao... the operator really damn power...
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It could be another GETS in the making...
Reyeskb P
post Mar 12 2021, 10:48 PM

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QUOTE(AVFAN @ Mar 12 2021, 10:30 PM)
Spmx has several things not going right for it:

1. US plant investment has since gone cold, no news whatsoever when expectation was they will get something from the DPA procurement plans.
2. boss went to buy condo in florida; british architect engaged for new HQ in meru.
3. miserable dividend.
4. no SBB, no directors support - only natural that shareholders feel disillusioned.

i will see what happens by next QR - results, dividend, guidance.

in contrast, TG has a few good things going:

1. great dividend declared.
2. directors and EPF buying shares.
3. CBP ban may be be lifted anytime now.
4. HKEX listing - while some may view it as negative, we shall see how it performs as china's intco is also doing dual listing there - maybe strong interest for both.

i also see HARTA as a strong long term holding glove counter.
kossan has been a top loser; 2nd liners, i hv no interest.
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I will feel very disappointed if TG price can't even reach RM6 by the day before its ex date 23-Mar. Anyway, will still hold on for TG and at the same time jia you for Spmx too as both price are too low to ignore now...

Reyeskb P
post Mar 14 2021, 02:41 PM

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QUOTE(Kar Weng @ Mar 14 2021, 12:25 AM)
Why? That’s still considered as the higher floors? 😱
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If my avp for TG is same with you then I will be so steady bompipi already now...haha!!
Reyeskb P
post Mar 16 2021, 08:13 AM

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QUOTE(AVFAN @ Mar 15 2021, 09:47 PM)
comfort QR:
https://www.theedgemarkets.com/article/comf...-5-sen-dividend

QoQ revenue +53%, PAT +53%; net profit margin 43%.

tmr, share price sure down 5%. biggrin.gif
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Yes, some pundits will say it already priced in...really speechless ranting.gif

Reyeskb P
post Mar 17 2021, 09:21 PM

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QUOTE(AVFAN @ Mar 17 2021, 08:35 PM)
haha... that's one braveheart. biggrin.gif

but i think yr tikam has good chance tmr, all the best!
today, gloves shorts continued for TG and a bit on SPMX.

TG >2mil shares shorted at avg 5.26, closing 5.38.

at almost 3%, shortie not giving up yet! laugh.gif
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Sometimes really not understand why those shorties still dare to short TG at such low price + ex date is just around the corner...

Reyeskb P
post Mar 19 2021, 09:45 AM

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QUOTE(wayton @ Mar 19 2021, 09:33 AM)
Glove become quiet already and not much momentum
Rise a little more always then selling force come and reverse.
It is trading at small range or boxing pattern only.

We should change the expectation that last year bull is the past, only small rebound from time to time.
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Sad but it is true. There is no more +50 cents/day excitement anymore...
Reyeskb P
post Mar 22 2021, 08:02 PM

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QUOTE(AVFAN @ Mar 22 2021, 05:16 PM)
the key word is TARGET.

there is still some weeks/months before it is listed, continuous events will determine final IPO price.

1. as of last fri, rss shorts continue to incr, to 2.98% or 244.3mil shares.

2. HLB is optimistic, u decided for yrself!
https://klse.i3investor.com/servlets/ptres/59081.jsp
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Wow!! 2.98% as of last Fri is really a lot man! Expect shorties will try to create panic selling of TG, break RM5 or maybe RM4.50 tomorrow. Hmmm...need to prepare more bullets already...
Reyeskb P
post Apr 2 2021, 12:26 PM

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Finally SCGM is moving today. Have been stuck at price 2.50 since December last year...
Reyeskb P
post Apr 26 2021, 01:49 PM

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Congratulations to all TG shareholders rclxm9.gif

https://www.bursamalaysia.com/market_inform...?ann_id=3151244

Reyeskb P
post Apr 26 2021, 01:56 PM

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QUOTE(statikinetic @ Apr 26 2021, 01:52 PM)
Gone from deep red to deep green in 2 weeks.
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There are many people already CL when TG down to 4.45, SPMX 3.76, Kossan 3.18, Careplus 1.24, Comfort 1.88 and etc...

Really bravo to those who still hold it and manage to strike back today rclxms.gif

Reyeskb P
post Apr 26 2021, 05:29 PM

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Really thanks to @AVFAN & @skty sifu who always stay positive about glove stocks even when those stocks are in deep red on 31-Mar-2021. notworthy.gif
Otherwise I would have CL instead of average down at that time & quit Bursa...
Reyeskb P
post May 2 2021, 12:50 PM

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Will MCO 3.0 be effective start from tomorrow?

https://www.thestar.com.my/news/nation/2021...-to-be-reviewed

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