https://www.asiaone.com/money/singapore-set-keep-monetary-policy-unchanged-price-risks-linger

SGD to MYR 3.40 may have to wait longer?

MYR back to 4.80 zone low vs USD

15 April 2024
Participation Net (RM Mil)
Foreign -530


FF run road big time from Bursa yesterday

All scared of high inflation! If Hormuz Straits kena block by Iran, all hungkan liow oil will super spike up.

Last night Israel already said they will retaliate. This time round Iran is going is suffer heavy casualties. They dont have the American patriot air defence + IRON DOME air defence systems to intercept incoming missiles. Oil prices and gold could shoot higher.

Posted by Michael_chan2022 > 2 days ago | Report Abuse
此时(4.60 - 4.70) 已经是国時代了...好比4.00- 4.10的時候
-----------

So new era at 4.48 now is equivalent to 3.88 during the previous old days? Hard to comprehend these strange measuring yardsticks.

Bopian leh the Ang Moh committees decide whether to approve or reject HMTM in their territories.

Your own money, you decide.

Posted by neohts > 1 hour ago | Report Abuse

AngTayKor,
My Taikor think its abt 75% chance for HMTM securing FDA AA after taking into account of the corrupted FDA else it would have been much higher chance.

Good. Sound good and confidence. Hopefully don't take too long.
-------------


@neohts thats 1.5 yrs later. Later you buay tahan again every week asking for new Taurx updates. The official Taurx news update only happen once a year during AGM (usually late Dec or Jan).

Posted by neohts > 40 minutes ago | Report Abuse
TauRX - 6 months, 1 year, 2 years or just a dream ?
Too much money and time wasted.
----------------

Taurx is a waiting game. Usually once every few months then will get some important news updates, not every week la.

Abt half year ago, I told @neohts its either 2 years later (FDA AA decision) or 6 years later (wait for retrial result if no FDA AA). My Taikor think its abt 75% chance for HMTM securing FDA AA after taking into account of the corrupted FDA else it would have been much higher chance.

Posted by choysun > 35 minutes ago | Report Abuse
@ATK Roti Prata? It's reversing soon?
---------------

@Choysun when there are sellers, there are buyers who are accumulating also. If these are strong buyers, then rebound lor. Im not trading now but just observing the price action (else skill will get rusty). All my cash are in Taurx now but some day I will trade this stock again. Waiting for UAE CA + deals waiting at sideline activated to take back my vested capital.

Aiya best case scenario all huat together. No good to rejoice at "ALL" others' injury la.

BTW those bought from 3.00 to 4.30 will lose $ now? Im smelling another roti prata MM in making here.... 😀😀

Posted by MG9231 > 1 hour ago | Report Abuse
@AngTayKor, me, not good in trading, so can't aim like what you said "immediately buy, immediately huat"
--------

Its not very chieem n difficult la. Just ask yourself is the trend on your side if you are to buy now? The stock's trend is your natural and purest form of powerful ally, independent from what the naysayers or perma bulls are promoting on forums.

Posted by keyman > 36 minutes ago | Report Abuse

不懂之前是谁跟我说... This time will be different... 结果股价从5. 00 跌到去4. 60🤭
----------

It was from 5.20. The day the whales took their final lunch n left.

Posted by keyman > 37 minutes ago | Report Abuse
Is immediately buy, immediately huat? Or immediately trapped?
---------

Real traders immediately buy immediately huat. Charting skills are just the basics. Trading psychology, position sizing n discipline are the more important factors for long term success.

Posted by MG9231 > 1 hour ago | Report Abuse
Nibble it slowly in its down trend , hope for the best as other counters in Bursa has moved while this one remains stagnant.
-----------

Best method is "Immediately Buy, Immediately Huat".

Posted by Michael_chan2022 > 1 hour ago | Report Abuse

https://youtu.be/vQVnkeMgXFI?si=c9or5YJPQ-E4fUte

Genting berhad 股价跌跌不休，可否逢低买入
-----------

I thought you bought 40k + 30k shares on Fri at 4.64, 4.63 zone? Like that how ah? Quickly cutloss on Monday? Or tahan all the way down?

Never say never. Anything can happen in the stock market

Taurx could be a longer haul game, all depending on the corrupted FDA's decision on next yr Q3. Meanwhile those rights shares i bought has been compounding at over 100% annually over the last 2.5yrs. Im confident this compounding rate can continue on for another yr with UAE CA in Q4 this yr + deals waiting at sideline being activated after the first CA.

LKT is a veteran n shrewd biz man. I think overall he is ok as CEO, just that he will milk more for himself along the way (self interest first, its human nature la). ATK is just a hopeless punter that gambled showhand for Taurx investment luckily it turned out well 🙏

Posted by AngTayKor > 1 week ago | Report Abuse

@Choysun the 4.70 minor rebound look like over liow
------------

Already hinted price most likely will go lower. My short term market feel n punting skill is not too bad 😀😀

@neohts, I have been holding my first batch of taurx shares since 20 yrs ago. Price for this first batch is compounding at 16% annually for the past 20 yrs. Not bad at all. I can liquidate all my Taurx shares n lead a very comfortable life but i choose conviction n patience 🙏

Posted by neohts > 2 hours ago | Report Abuse
Just monitor TauRX progress.
AngTayKor, please provide us once you received any update on TauRX.
Very important. Do or die.
-------------

@Neohts, no doubt Taurx is the only hope for this stock to cross above rm10. HMTM confirm can work very well safely but there is "active placebo issue" under double-blinded trial environment. Taurx's success depends on other factors like the corrupted FDA's approval, etc. We may be proven right eventually abt Taurx's true potential in future but an investor can still lose money buying this stock along the way (price dropping back to 4.50, 4.30, 4.00 etc during bad selldowns). Currently, there are many investors that dont believe in the real potential of Taurx and view Taurx as a very small catalyst only. The stock market is a weighing machine in short term with stock price moving up and down. The market is always right so dont try to fight against the market.

Posted by choysun > 1 day ago | Report Abuse

@ATK No la. If lower only I top up. But you prediction of support and 4.70 for rebound good wor. How far will rebound go leh? :p
--------------

@Choysun the 4.70 minor rebound look like over liow

Posted by AngTayKor > 2 weeks ago | Report Abuse

Posted by speakup > | Report Abuse
Now Malaysia got golden opportunity host 2026 Commonwealth Games, don't lose it to Singapore then jealous Singapore make tons of $$$$ hosting the games.
---------

Aiyo please dont be so critical la. Such sports events are usually major money losing events. Olympics at Athens, Greece still end up in financial mess.

Youth Olympics held in Singapore some years ago was widely criticised for massive budget over-run. That event cost SGD hundreds of millions but brought in little economic benefit. These days Singapore Tourism Board much smarter to target F1, Taylor Swift etc that can really bring in tourism money.



---------------------

Singapore will not be making a bid to host the 2026 Commonwealth Games after studying its feasibility
Decision is another blow for multi-sport event after original host, the Australian state of Victoria, pulled out due to rising costs

https://sg.news.yahoo.com/singapore-will-not-be-making-a-bid-to-host-the-2026-commonwealth-games-after-studying-its-feasibility-070521997.html

Aiya Alzforum is linked to Alzheimers Association which is already bought over and controlled by Amyloid drug developers Biogen and Eli Lilly. As expected, dont expect any kind words from these publications.

They shd probe more into Biogen and Lilly's severe ARIA patients what happened to them after they dropped out of trial? Why remain silent? Well, most of theses patients are in very much worse condition than before and need 24 hrs nursing now. What abt their increase in NfL + accelerated brain shrinkage? Dont sweep things under the carpet these strong evidences that their patients' brain are actually degenerating at faster rate.

Personally I think its not easy to close the type of deal Taurx is looking for. Most likely M.E SWFs and their SOEs will be looking at another type of deal structure.

UAE CA likely in Q4 this year. Probably not a strong catalyst for Gen B stock price. But its an important event for Taurx to kickstart other deals.

UAE govt sponsored 10 weeks mini trial starting next month. Talking to M.E SWFs n SOE pharmas for deals.

Still talking with FDA

@Choysun your question very tough... my guess is max 4.8+

Posted by AngTayKor > 4 days ago | Report Abuse

@Choysun, 4.70 zone may have a minor rebound.
---------------

@Choysun bought and huat liow?

Posted by keyman > 49 minutes ago | Report Abuse

@Sifu ATK Thanks.... I just concern about Taurx. 
----------

Im very concerned too. I plan to sell some shares to take back capital before FDA result. If FDA approves, i think T share price can increase by 400% of pre-FDA price eventually. If FDA rejects, price may immediately drop by 30% but will slowly recover as the company works towards IPO without USA mkt. So the risk reward is 30 vs 400 for the FDA event.

Agree with Riaz that Taurx IPO will be bad news. Most shareholders prefer grand jackpot. However, business plans will have to move forward via territory JVs + IPO. The company cannot be sitting still waiting for suitors like a desperate bride. We have to move forward aggressively with our own effort to make HMTM the global drug of choice against AD n also for AD preventive mkt.

@Michael, Im just sharing an article abt hedge fund legend Stanley Druckenmiller, no special meaning.
Please refer to my old post over 2 months ago on MHRA and the corrupted FDA.

---------------------
Posted by AngTayKor > 2 months ago | Report Abuse

Posted by Kikilala3188 > | Report Abuse
Taurx when will it be announcing? Especially U.K. FDA approval
--------

ATK: UK MHRA's final decision on CA is unlikely to be within 2024. We still have to file in more submissions which will take abt 5 to 6 months to complete it, followed by another 6 to 9 months for the regulator's final decision.

FDA delayed our Type C meeting request (supposed to be end Jan, before Taurx AGM on 6 Feb @6pm). We are not even sure if FDA will agree to consider HMTM using the Accelerated Approval pathway. If yes, I think FDA's final decision for AA will probably be at least 1.5yrs away.

@Choysun, 4.70 zone may have a minor rebound.

Can. Wait for Taurx jackpot.

https://sg.yahoo.com/finance/news/billionaire-investor-stan-druckenmiller-insiders-212508357.html

Druckenmiller almost always thinks long term and that’s the open secret behind his success. Earlier this year, in an interview with How Leaders Lead with David Novak, Druckenmiller advised investors never to invest in the present and instead keep the next 18-24 months in mind and try to imagine how the world would be in the future.

Druckenmiller Avoids "Lazy Longs"

Druckenmiller isn’t a huge fan of portfolio diversification. He said during the interview that if you really believe in a company, you’d take “massive” positions in it instead of putting your money in hundreds of companies. He said legendary investors like Warren Buffett, Carl Icahn and George Soros invest in a handful of companies they really like and believe in. Druckenmiller said instead of having “lazy longs” in your portfolio, if you put your money in just a few companies, you won’t get careless in the investing game.

Reminded here 2 weeks ago that Taurx news was only 24 mth data, not regulatory approval yet.

Q4 result was weak. Lets not be too carried away for now.

Prompt warning was given by trader on the day price hit 5.20 and pulled back.




Posted by AngTayKor > 2 weeks ago | Report Abuse

Please remember history lesson becareful of 5.20 zone LKT waiting to dump. Price action of afternoon session dont look good.
--------

Red more likely means the whales sold off before LKT will start dumping.
-----------

Read clearly. I said whales exited yesterday
-----------

Posted by AngTayKor > 1 week ago | Report Abuse

Traders left because the whales already left.

Posted by choysun > 1 hour ago | Report Abuse
Lecanemab! Hahaha
----------

Madhav Thambisetty forgot to add the fact that lecanemab increases NfL + accelerated brain shrinkage. These are very strong indications that the patients' brains are actually degenerating at a faster rate!

https://twitter.com/MadhavThambiset/status/1771903955603279876/photo/1

Ahhh... @Michael very good you exited some months ago. May your wish come true for 6ct re-entry

@Michael, Seatrium new low despite strong oil price due to Ukraine's multiple drone attacks on Russian refineries

Traders left because the whales already left.

https://www.channelnewsasia.com/asia/china-warns-citizens-singapore-gambling-4202461?cid=FBcna&fbclid=IwAR0PuHCke_581Vs9jJZlm1N9WQFcfY-qLEq63PksLm_4AYfcvQZ_dLgjCzY

Posted by speakup > 14 minutes ago | Report Abuse
Now Malaysia got golden opportunity host 2026 Commonwealth Games, don't lose it to Singapore then jealous Singapore make tons of $$$$ hosting the games.
-----------------

Aiyo please dont be so critical la. Such sports events are usually major money losing events. Olympics at Athens, Greece still end up in financial mess.

Youth Olympics held in Singapore some years ago was widely criticised for massive budget over-run. That event cost SGD hundreds of millions but brought in little economic benefit. These days Singapore Tourism Board much smarter to target F1, Taylor Swift etc that can really bring in tourism money.

5m shares matched 2 bids down.

The matching game happening now again. Come L:KT show us your power.

Besides quadruple witching days, there were some strange days the closing price can match up or down by over 10 sen! Could be option expiry or something

Got la. I ever saw last moment kena ram n matched up 20 sen. Also saw before huge matched down 10 sen.

Posted by newbie2019 > 24 minutes ago | Report Abuse
witching day up to 5.3… sell 3% I will
-----------------

May huge match down also.