Welcome Guest ( Log In | Register )

6 Pages  1 2 3 > » Bottom

Outline · [ Standard ] · Linear+

 STOCK MARKET DISCUSSION V150

views
     
joeblow
post Apr 8 2020, 02:11 AM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(Bendan520 @ Apr 7 2020, 10:20 PM)
But at the dire current situation of AA.. their fundamentals aren't that stable.
Plus, it is a hot stock for shorties.
*
Shorting now banned in Bursa right? Not sure when will allow shorting again. If allow, I think Bursa will drop further.
joeblow
post Jun 25 2020, 07:23 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(icemanfx @ Jun 25 2020, 05:44 PM)
#ddtg are more powerful.
*
Sorry I see this ddtg quite often. What it stands for?
joeblow
post Jul 16 2020, 03:51 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


Jialat, I didn't realise Bursa hang. Just submitted an order then realised the price is maybe wrong since not reflected. Just sent another cancelled order also nothing. This is horrible and a joke. Bursa hang!
joeblow
post Jul 16 2020, 03:55 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(MNet @ Jul 16 2020, 03:53 PM)
wat platform u use?
*
itrade. CGS CIMB. Hope the trade doesn't go through. First time hear bursa can hang...
joeblow
post Aug 31 2020, 08:51 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


Seems to me if I want to invest in div blue chip play, only left bank stocks. How about pchem and genting group? For long term these 2 can buy now?
joeblow
post Aug 31 2020, 11:08 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(AVFAN @ Aug 31 2020, 09:07 PM)

bro, u made your way here?! biggrin.gif

about banks, genting... u can read back the last 10 pages or so - some rich discussions there about them.
*
Ya bro I missed the goreng period and now too scared to go in. So prefer something stable.

Cimb portfolio already 23% down, can only continue to average down...
joeblow
post Sep 5 2020, 02:06 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(bronkos @ Sep 5 2020, 07:56 AM)
Good morning, guys.

Just saw this in CNA live minutes ago, so might as well share it out in here for latest development on gloves industry.

user posted image

Also, this just in.

user posted image

Cheers and enjoy your weekend.  icon_rolleyes.gif
*
I thought Russia and China already got vaccine? Proven can work or not next few months we will know. Stocks aside, this vaccine theory thingy getting out of hand. Not many people know exactly what virus is and how quickly they can mutate. Unless the vaccine is for the whole family class of covid, otherwise just hard. More like a confidence boaster. Eventually counties need to decide to live with the risk and open up or not. If really proven effective vaccine out only mid next year, gg to airline tourism industry. Property reits will be hit even harder than now. Call me skeptical, even flu vaccine nowadays do not prevent you fully from flu. Also if mid year then vaccine out, the time to immunise and to get to the world takes at least a year I believe.

The only way out of this mess is for the world to find cheap, I repeat cheap, cure rather than vaccine. Like a running nose pill or panadol to cure or relief from the virus while your body immune system fights it. Sorry bad morning and my ranting but this virus thingy seriously affects my way of life. Virus vaccine super tough to make and proven effective and safe. Unless of course you believe this virus is man made and there's a vaccine or cure out there from the people who made it.
joeblow
post Sep 23 2020, 11:54 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(icemanfx @ Sep 23 2020, 11:30 PM)
Not until November.
*
Why Nov?
joeblow
post Sep 24 2020, 12:00 AM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(icemanfx @ Sep 23 2020, 11:58 PM)
Loan moratorium end in October.
*
Isn't it end by 30th Sep unless you apply for extension and get approved?
joeblow
post Sep 28 2020, 07:07 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


Asking all the pros here. Suppose the Sabah covid outbreak extends to whole Malaysia and another MCO is called, can our govt survive this with all the freebies given out? More importantly what will happen to the stock market?

I am quite vested now in banking, BAT, Tenaga (just bought today then got the news then regret) plus some old shares bought ages ago. I dare not go into gloves for now. What do you think will happen to the stock market if another round of MCO gets called? My investment is for retirement, hence only blue chips with strong dividend payout.

Please refer to CIMB FB, not sure why CIMB is always the bank to get covid cases. I remember them getting it very early of the first outbreak and now again.... and I am very heavily vested in CIMB shares... sad.
joeblow
post Nov 6 2020, 03:36 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(AVFAN @ Nov 6 2020, 01:35 PM)
it is uncommon for a gomen to punish developers becos of their unsold units.

but it is common for gomens to tax a property owner, incl yr own home - u pay 1-3% of the house value to gomen every year!

quite common in europe.

so, be careful what u wish for! biggrin.gif
*
If you have properties, you will realize our govt's way of charging quit rent and assessment really below market if you compare to Singapore. Sure, they have adjusted a few times, but still strange as to how they estimate the value of your property and land. But hey I am not complaining.

I think the more bitch tax I am worried is the capital gain tax for stocks... aka similar to US. But I doubt our govt will implement it, because of the expertise needed to implement plus the damage to bursa. Inheritance tax is another no no for me.

Today I just found out there's real estate gain tax even after 5 years of owning a property. 5% it seems. Not sure why Mr Lim wants to implement this... faint.
joeblow
post Nov 6 2020, 08:00 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(AVFAN @ Nov 6 2020, 07:27 PM)

even if they declare biden win, drump will take it to the supreme court.

maybe in feb 2021 will it be settled.
*
LOL, I doubt this will happen. Trump will negotiate a deal out for himself and his family. Starts his media empire and be king maker. It is an election against Trump more than anything. The Blue wave did not happen, Democrats did not flip Senate and even some of their old seats for House got flipped.

Reason why Trump won't delay? Because Nancy Pelosi will become standin President come Jan 20th... Haha. He has too much ego to let that happen. Then again who knows.
joeblow
post Dec 1 2020, 04:51 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(melt @ Dec 1 2020, 04:49 PM)
That's very little. Less than 1million... Spare change for Top Glove, the US penalty a lot more...
joeblow
post Dec 3 2020, 08:46 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(prody @ Dec 3 2020, 08:29 PM)
Price had dropped since revenue and dividends had dropped due to illegal cigarettes taking over too much market share.
The government has announced measures to counter this in the latest budget.
I have a personal target for this stock of RM 16 by next year. At that stage I will check if there are any other stocks which are better.

It's strong and stable, because even though there is an ongoing pandemic, it is still able to pay out consistent dividends every quarter, unlike a lot of other dividend paying stocks (for example bank and beer stocks).
If you have any other stocks which did this at or around the same dividend yield, please let me know.
*
This stock indeed pays very good dividend. Like 4 times a year I think. Tenaga only 2 times per year? I bought around 10 plus or 11 plus a couple of months back, already collected 2 times dividend. Do you think if it reaches RM16 or even RM20 can sell? I am thinking of holding to this stock for its dividend for my retirement income. I am more worried about lesser people nowadays (especially youngster) smoking. Not sure if dividend sustainable for the next 20 years without losing capital.
joeblow
post Dec 10 2020, 03:07 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


Can I check with the gurus here, is foreign fund back to Malaysia market? Seems like the banks and those blue chip dividend companies bought up a lot by foreign funds.

My bank counters are now at breakeven point with some profit, even though I am looking to invest for retirement, I feel like selling to lock in the profit anticipating another big down. The Malaysia market is still seriously in the slums with a lot of unemployment and empty shophouse up for rental or sale. Maybe will have correction soon?

My broker says never wrong to lock in profits, which is true. But for the US market I locked in too soon and failed to buy back resulting in tons of missed profits. Very confused now. Appreciate some enlightenments.
joeblow
post Dec 10 2020, 03:36 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(AVFAN @ Dec 10 2020, 03:08 PM)
QUOTE(HereToLearn @ Dec 10 2020, 03:10 PM)
Not foreign fund.

If you foresee you need the money in near future, sell and lock in profit.

If you do not need it in near future, can still hold, uptrend is still intact according to my limited skills in TA. Ask Boon3
*
QUOTE(nauticat99 @ Dec 10 2020, 03:17 PM)
Mine very simple - do I have better things to buy once I sold these shares?. If I have a better deal somewhere else, then I would sell, if not, just hold.
The other is - am I happy with this profit?
*
Thanks for advice. Truth be told when Moo wanted to call for emergency that time, I wanted to go in more but failed to (chicken out). I am only around 30% vested out of 100% planned investments. Profit around 5% of the 30% vested currently. So the rest of the money went into FD at 2.5%...

My bank stocks at one point went down more than 20%, so now when it is up to slight green, urge is there to sell. Like US stocks, went down more than 20% to only go up in slight green. Sold it to only see it goes up much more. The rollercoaster not for the faint hearted. Anyway I decided to hold on until around Christmas time. Hope no big negative event happens.
joeblow
post Dec 10 2020, 10:50 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(skty @ Dec 10 2020, 09:54 PM)
there is one more party that can save the world this round.

that is IMF. But IMF also using fiat currency. So whether can IMF save the world depends on whether the world still has confidence in fiat currency.

this game is all about debt, asset and confidence. Among the three, confidence is the most important one.

if this round is saved like 2008 US central bank enlarged their balance sheet to save the world, next round confirm game over as no one can save IMF.

anyway, I very kiasu and kiasi so I cleared all my assets. This is my own opinion only. Don't listen to me as I am always wrong.  smile.gif

my 2 cents as usual.

cheers!  icon_rolleyes.gif
*
Just curious. So after selling everything, what do you do with the money? Bitcoin, gold, other metals, bond or just FD? Which currency you think would be good to hold? A lot of bankers couple of months ago advise us to hold USD, Gold. But USD and gold seem to be downtrend nowadays. Physical properties hard to sell now unfortunately...
joeblow
post Dec 11 2020, 03:19 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(Bendan520 @ Dec 11 2020, 03:17 PM)
Make sense or not, people are in for easy money.. why not ride the trend and exit before it dies?
*
The urge for me to sell cimb, bat, maybank getting higher and higher. When will the trend end? Based on your TA/FA, are you able to tell?
joeblow
post Dec 23 2020, 04:12 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


Hi all,

Lion industries these past few days up a lot. Anyone know why?

Actually even though I own the share, I don't exactly know what this company is doing since it used to own so many businesses including finance companies and now left little. Any other bros here own this share too and what's your long term view? Thanks.
joeblow
post Dec 23 2020, 05:37 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(Syie9^_^ @ Dec 23 2020, 04:44 PM)
anyway steel, highest were in 2011, at about 2.00 / and 2018 at about 1.60...this 0.60, spark back to 2019 ATH...ish 0.635

the issue now is how long malaysia can withstand dumping of steel from SK, China, Vietnam.

And who will benefit.
*
Sold Lion Industries at 0.630. Now waiting to sell CSCStel... maybe tomorrow if still goes up...

6 Pages  1 2 3 > » Top
 

Change to:
| Lo-Fi Version
0.0794sec    0.91    7 queries    GZIP Disabled
Time is now: 1st December 2025 - 04:24 PM