the monthly charts gives a much better view of the twins...

Honestly i didnt expect this kind of drop for JFTECH... What i expect will be some consolidation near 4.4x area..



Nevertheless, the stock price has been doing quite well since MCO.

YES!!! A lot of stocks had been doing well since MCO.

JF? This one? Way over rated (over the years, its earnings is really miniscule) .... I could be wrong but looks like its fried and dumped...




and oh yeah... there's another stock which has almost the same pattern like PIE now.... ( errr.... just saying la )

so LCTITAN QR bomb incoming.

Suicidal Guy

Just saw LCTitan QR.

Once again... it disapppints.





and the stock tanks straight away ...............................................................

But the points 1,2 and 3 .... I made in that posting..... same same isn't it if you put it into current prospective?

stock shoots high.... and then come QR .... die cow cow........

see? having a blacklist is so, so, so important.

Ignore what others say.... some stocks, you just don't want to touch at all .......

Update MI (5286)

The earning indeed disappointing the market...



Lower low and lower high with volume confirmation..

whatever it is .... the stock needs to consolidate .... watch where it does ( most important - do not guess where it will ) ........

taikor, sometime ago, i remember saying AAX is worth zero... but u pleaded for 5 sen... or was it?

it is now 3.5 sen.

will be zero la...



parent AA is 56 sen, got sabah bank loan... wish them luck.

p/s... too bored with covid-gloves... just wanna kacau u a bit.

LOL! AAX...

Totally arrogant and again shows his ugly character which is highlighted with the latest MAHB lawsuit.

Kudos to MAHB. Bravo. It is the right thing to do.

The money is owed to MAHB. Even the courts of law agreed but what was surprising for me is that AAX has not paid (wonder what about AA). Such arrogance from TF. Already proven wrong and yet they still did not pay. Such arrogance!

Now if AAX rescue plan fails due to MAHB lawsuit.... what lovely Karma!

Update SUNREIT :

DPU For FY 2020 = 7.33 sens

SUNREIT Yield : 0.733/ 1.43 = 5.12%
Current eFD promo rate : 2.30 %
Current 10 Yrs MGS yield : 2.63 %

Latest QR result:




DPU drop-> REIT price drop. The golden rule.

Let says one invested in SUNREIT during 19th May 2020 ,with price 1.55, one will currently now sitting at loss -9.2% 8% typo

Some of the highlight in the latest QR :







Borrowing increased too, for the acquisition of Sunway Pinnacle :





With current climate of prolonged global low interest rate environment, REIT will be the place for those yield chasing pension funds / institutional funds. Take a look at the largest 30 shareholders of REIT, mostly are those fund houses. A few % in yield different means almost nothing to individual investor, but for large institutional fund houses, we're talking about millions, or hundred of thousands perhaps?





However as an individual investor, the bet, or should i say investment strategy still remains, is to bet on its recovery. Here are some questions to ask ourself before investing in sunreit.

- Why SUNREIT?
- What is my expectation out of SUNREIT?
- How do I react if the price of SUNREIT drop further?
- Can the properties of SUNREIT earn me more DPU for years to come?
- When will be the recovery?
- What if it never recover?



This post has been edited by Smurfs: Oct 29 2020, 08:52 PM

SUNREIT cont..

I remembered 2nd October...It was the 2nd day of continuous 3 digit Covid new infections in Malaysia..





No sign of consolidation yet.....

Great stuff.


Yup... the declining DPU issue.... really golden rule...


And if one bought around 1.90 before March 2020...the damage is severe.

Where those ppl of previous times who boldly proclaimed that you can never lose money in Reits...

sunreit @ 1.4x now

well. i have know few older folks prefer reits because of (probable) sustainable payout and gives higher returns compared to bank

however this Covid was not anticipated 5 years back.

Understand your point talking in a trader points of view

but for retirees and pensioner. its a different school of thought

This post has been edited by squarepilot: Oct 30 2020, 12:51 PM

This point of view that 'lower DPU leads to lower stock price' is a fact based on market data.

That isn't a trader point of view.

Who wants to own a stock which is giving less dividends back each year?
Who wants to own a cow which is giving out less milk each year?

Yeah, retirees might think differently too.
So does many local investors who are poisoned deep deep with the mindset that dividends magic works best for their money in the stock market.

Well? ... you want to make money or not?

Come .... give me MRreits bought... 5 years ago.

Give me the date and the actual buying price.

Bloodbath yesterday. How's everyone doing here ehh?

It does look like heavy manipulation to me . The extreme volatility. Right or not sifu boon.

Dude

do see inside...



All I said was JFTech is way over rated (over the years, its earnings is really miniscule) .... I could be wrong but looks like its fried and dumped...

Do search the info, see JF Tech's annual eps for the last 3 years.....
Can you see how small the eps is?
Add all 3 years eps, eps also don't have 10 sen.

Which for me, it should not be worth more than rm1.00.
Look at the price when it collapsed....
If that's not over valued... what is?

and it traded above 5 bucks before it collapsed!





I have always maintained that any stocks can be fried ....

Those in 2016 would have remembered the famous 4 stocks (which some dared to call 'fundamental stocks' (that's a farked up definition. so so situpdid to brand stocks as fundamental stocks, cos it makes no sense) that literally just plunged......

Let's see ..... ULI Corp (one very smelly stock) , OFI (oriental food) , SCGM and SLP all collapsed without 'reason' .....













If one is NOT a good trader, I strongly advise not to touch JF Tech for the time being.....................................

This post has been edited by Boon3: Oct 31 2020, 01:28 PM

Hi @Boon3

Thanks for asking and thanks for your input.






On 20th, 15 min chart already showing warning signal. 15min chart making new low with increased volume. Daily close shows bottoming tail but volume is still not alarming. Usually there will be a rebound. So a trader would monitor 15min chart the next day to see if there is a rebound, and see if the rebound is weak or strong (consider to keep if rebound is strong). On 21st the next day, it is making new lows again with higher volume consecutively with no rebound. That would be the signal to exit. Daily chart shows increase in volume. If not monitoring the price on that day itself, the next day on 22nd would be the chance to exit.

Also, the the subsequent rebound seen on daily chart from 26th onward is with low volume showing that it is weak. That would be the second chance to exit.

Most of the time, a stock with public interest have a rebound after a big sell off. That is the chance to exit if things are not right.