gomen pokkai, raised debt ceiling to 60%, new borrowings coming... how to help?

maybe can get epf to sailang banks la...

Why need to think like this?

Do you know that such assumption is so risky?

PBBank fell from 25++ to ______
CIMB fell from 5++ to __________
Maybank fell from 10++ to __________

ahem...... see the point?

If one had assumed that govt will support.... why had these 3 banks fell so much, so hard lately? where was the support?

EPF ah?

and then ... there's the TG and EPF story....

Remember that many weren't to happy cos how could they have the TG boss as independent advisor and epf buying TG shares?

That doesn't sound right, yes?

So EPF listened to critics... and they did disposed a lot of their stake in TG ....

disposal price was 6++ ..... ouch!

https://www.theedgemarkets.com/article/epf-...ial-shareholder

i would ASSUME that KLCI will be supported at 1200-1400 pts, with the exception of market crash globally

There is no point for them to support the market when it is trading at 1600-1800

from the past history government and EPF have been played a part in stabilizing the market. of cause with the exception of Maybank during 08-09, and also on 97-98 when malaysia had the very first panic recession

Speculation at it's best

I'm just sharing what i see and observe from the past

This post has been edited by squarepilot: Sep 2 2020, 11:18 AM

Speculation at it's best meh?

You did not address the risk properly.

Ok... you are assuming the part of the EPF...

so how good are the EPF guys/gals and how good are the sub-fund managers who are they assign?

Look at the posting right above yours... it's on TG and EPF.
Did you not see the price they disposed....

Which brings us the simple logic question... if so good... why they dispose at so low price?


Ok... talk banks.... talk Maybank.

Last transaction EPF did was on the 24th Aug. Acquiring 2,000,000 shares.
On the 25th Aug, EPF tambah minyak, acquiring some 750,600+ shares...

Maybank announced its Q earnings without dividends on the 27th Aug. No interim dividends.

LOL! Is that support? Or did EPF itself speculated that Maybank would announce some interim dividend?

How? Conclusion on these recent transaction by EPF on Maybank?
Refer to the dates on the chart... ask yourself.... was EPF supporting Maybank stock prices or were those buggers just speculating on the interim dividend?

p/s If I were to speculate, I would rather speculate wisely, where the odds of winning big is so in my favour...

If betting and hoping that folks like EPF would lend hand by helping to support the stock, I would rather go kopi shop and eat some fishball noodles....

Yeah... but that's me....

did anyone using stock market software? those below company that i found through google:

1. Chartnexus
2. MetaStock
3. Stock Hunter
4. TradingView
5. Bursa Station
6. Shared Investor
7. Algobox

Some of those like Bursa Station, you need to pay subscription.

Brokerage houses like Kenanga, CIMB etc etc all provide free charting software, which comes with their trading platform.

like CIMB, are they provide full charting system and fundamental data ?

'Full' charting is subjective ... what's your definition of full?

Basic fundamental data is there but it's not really enough, if you are a true investor ( but then ... it's a conflict cos the true investor won't need the charting, right?) then it's best you learn how to dig out data from Bursa Malaysia website.

Chart of the day....

USD to MYR ....




loans in USD
sales in USD

Chart of the day ....








Seriously .....

Wah you fast. I feel this will be the next catalyst. A long term weakening of USD seemed inevitable.

Need go do some hunting, see who benefit from this shift. Last time it's always the other way around.

.... fast? when you play a lot with spiders... u get to see stuff like this..


sales in USD ....

give you info

homeritz

homeritz import leather from US and export their finished goods to euro, asians and other places

never thought so much about it


This post has been edited by squarepilot: Sep 3 2020, 12:11 PM

how would you interpret?

Straight line suport? or lower low line?

RM10? i think RM10 is a great physiological support. and again. i'm no chartist

What makes you think buying at 'support' is a good idea?

Ok... say the stock is 'supported' at 10...

u buy... but the stock dung ding dung ding .... and then within one month falls below 10 ...

yeah... the support at 10 was there ..... but there's no guarantee it will hold in the future... and neither is there any guarantee that it will win you money.

therefor..... get rid of the idea of buying at support.......



Tenaga? whatever you think of the company... is looking like a lousy stock for now.... so why you want to bother?



ps... I posted that chart.... just to show how ugly Tenaga the stock is.

This post has been edited by Boon3: Sep 3 2020, 12:41 PM

weakening $ usually means gold, crude prices should be flying v high.

but no... crude is falling again, gold no up.

if $ falls another 3-5%, O&G will fall flat!

and gold bugs will have to run...?

Eh? A falling USD will increase all other currencies and other assets such as gold wo (the AU would be deem as a safe heaven no?) ... and yeah... sometimes market not too efficient...



this is where it actually concerns glove makers...

spoiler included! LOL!



This post has been edited by Boon3: Sep 3 2020, 02:28 PM

Chart of the day.....