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Last Price Today's Change   Day's Range   Trading Volume
0.365   -0.01 (2.67%)  0.365 - 0.38  11,844,200
51,634 comment(s). Last comment by strattegist at Jun 5, 2020 5:27 PM
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mf
17938 posts

Posted by mf > Mar 16, 2020 10:42 PM | Report Abuse

Oil drops 10%, breaking below $29 as demand evaporates


John1234
1312 posts

Posted by John1234 > Mar 16, 2020 10:42 PM | Report Abuse

I believe my plan can work in all circumstances, except if the company becomes insolvant, which is very unlikely. When pp get fearful, I become greedier. Ultimately, this virus scare will blow over one day, when a vaccine is developed.


KAQ4468
18263 posts

Posted by KAQ4468 > Mar 16, 2020 10:44 PM | Report Abuse

what is your plan ??


mf
17938 posts

Posted by mf > Mar 16, 2020 10:45 PM | Report Abuse

sell


jennychin
389 posts

Posted by jennychin > Mar 16, 2020 10:46 PM | Report Abuse

Bursa market close tomorrow lockdown ?


John1234
1312 posts

Posted by John1234 > Mar 16, 2020 11:23 PM | Report Abuse

Do not listen to hearsay. Pls read to understand better...
https://www.thestar.com.my/news/nation/2020/03/16/malaysia-announces-restricted-movement-measure-after-spike-in-covid-19-cases

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jennychin Bursa market close tomorrow lockdown ?


mf
17938 posts

Posted by mf > Mar 16, 2020 11:25 PM | Report Abuse

As oil prices tank, BP CFO warns demand could be negative in 2020


John1234
1312 posts

Posted by John1234 > Mar 17, 2020 7:59 AM | Report Abuse

Someone posted oil price outlook. I do not understand how this will affect the performance of this company, except that low oil price would mean a lower electricity bill for the company, which is a plus point. Lol.

Poor oil demand is an end-result of the Colonavirus, which is already reflected in the share prices of Bursa counters.


John1234
1312 posts

Posted by John1234 > Mar 17, 2020 8:08 AM | Report Abuse

My sharing of a trade plan is merely personal. It is not a buy or sell recommendation for you as my circumstances(investment objective, strategy and holding power, etc) may be different from yours. Do your own due diligence before making any investment decisions.

At a time like this, holding power is of utmost importance.

https://www.theedgemarkets.com/article/bursa-malaysia-will-operate-usual-during-movement-restriction-order-period


tressele
1052 posts

Posted by tressele > Mar 17, 2020 8:42 AM | Report Abuse

I will keep buying when it is cheaper


Ziko Ro
1139 posts

Posted by Ziko Ro > Mar 17, 2020 8:50 AM | Report Abuse

Nightmare dow punish 3,000 points


John1234
1312 posts

Posted by John1234 > Mar 17, 2020 9:06 AM | Report Abuse

Bought my 2nd lot at 18 sen(instead of 20 sen)...


strattegist
3910 posts

Posted by strattegist > Mar 17, 2020 9:27 AM | Report Abuse

gedebusssshhhhhhhhhh


tressele
1052 posts

Posted by tressele > Mar 17, 2020 9:32 AM | Report Abuse

I hope today is the bottom. No more panic selling it seems


John1234
1312 posts

Posted by John1234 > Mar 17, 2020 9:47 AM | Report Abuse

Not really. Just that Dow futures are up 800 points already, offsetting yesterday's loss..


prince4
1153 posts

Posted by prince4 > Mar 17, 2020 10:01 AM | Report Abuse

Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just BUY BOTTOM LOW PRICES WITH CASH COMPANY . This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheapers stocks market will GORENG lows price stock at BOTTOM.


John1234
1312 posts

Posted by John1234 > Mar 17, 2020 1:00 PM | Report Abuse

Dow futures do provide some support to the regional markets. Most of Malaysian counters are also recovering from the day's low, in fact, trading near the day's high and quite a number of them have turned positive too

"行情总是在绝望中诞生"(by Prince4)


tressele
1052 posts

Posted by tressele > Mar 17, 2020 2:27 PM | Report Abuse

I believe the downside is limited for ifca now. The low traded volume shows not much panic selling / buying. At least for now.


tressele
1052 posts

Posted by tressele > Mar 17, 2020 2:29 PM | Report Abuse

Managed to averaged down to 25c after bought some lots at 18-19c


John1234
1312 posts

Posted by John1234 > Mar 17, 2020 6:00 PM | Report Abuse

Market is still volatile. We must preserve enough cash for any need to do a top-up. Do our sum right to space out our purchases systematically.

Now, my average holding cost is 21.5 sen. I have the flexibility to sell for a profit should the price exceed my cost. Or I can top up more to bring down my holding cost if the operator chooses to press down the price again.

The mkt is for the prepared...


John1234
1312 posts

Posted by John1234 > Mar 18, 2020 8:58 AM | Report Abuse

Dow futures are down again.

Mkt is still volatile. I will wait for my next buy trigger point at 15 sen or lower. Meanwhile, I just sit back and relax...to watch the blockbuster movie directed by the market operator..


John1234
1312 posts

Posted by John1234 > Mar 18, 2020 10:05 AM | Report Abuse

Who chased in the morning?

This is not a mkt for contra play. Do not play play...mkt operator can easily influence the prices as buyers are fewer already, all too scared of a falling knife, unlike me.

Buyers at this time must have holding power...


mf
17938 posts

Posted by mf > Mar 18, 2020 3:13 PM | Report Abuse

FBM KLCI 1,239.19 -17.39 1.38


John1234
1312 posts

Posted by John1234 > Mar 18, 2020 3:14 PM | Report Abuse

Well, I have said it in the morning - Mkt operator churns down again...

I can read his move. Few buyers, easier to push down to attract contra selling(real panic selling, close to negligible by now)...a lot of fake vols..


John1234
1312 posts

Posted by John1234 > Mar 18, 2020 3:46 PM | Report Abuse

My 1st lot-25 sen, 2nd lot-18 sen. 3rd lot-between 12 to 15 sen(hopefully, 12 sen, 7 sen difference). Yes, pls bring it down some more, Mr Mkt Operator!


Ziko Ro
1139 posts

Posted by Ziko Ro > Mar 18, 2020 3:48 PM | Report Abuse

Sweet smiling.!!


John1234
1312 posts

Posted by John1234 > Mar 19, 2020 8:38 AM | Report Abuse

Looks like 18 sen is still a strong support price for now....this is the probably the lowest traded price so far.

See whether the operator dares to bring it down..


tressele
1052 posts

Posted by tressele > Mar 19, 2020 9:16 AM | Report Abuse

waiting at 18c more


John1234
1312 posts

Posted by John1234 > Mar 19, 2020 9:55 AM | Report Abuse

Pls space out purchases..

Do not buy at one go or u can run out of cash...


John1234
1312 posts

Posted by John1234 > Mar 19, 2020 10:27 AM | Report Abuse

Like me, I set out a trade plan, with spare cash as a back-up. Act according to plan. No action if price target is not triggered..

We must plan for the worst - be prepared to hold the shares as long as needed.


tressele
1052 posts

Posted by tressele > Mar 19, 2020 10:38 AM | Report Abuse

I can hold more than a year. Wish I can buy slowly


John1234
1312 posts

Posted by John1234 > Mar 19, 2020 11:39 AM | Report Abuse

Yes, we must know what we are doing,


Ziko Ro
1139 posts

Posted by Ziko Ro > Mar 19, 2020 1:04 PM | Report Abuse

Black nightmare this stock.


John1234
1312 posts

Posted by John1234 > Mar 19, 2020 5:10 PM | Report Abuse

Why nightmare? Good dream, in fact, knowing jolly well that the mkt operator is working very hard to fulfil our target price, without us lifting a finger.

We appreciate your hard work, Mr Mkt operator!


John1234
1312 posts

Posted by John1234 > Mar 20, 2020 10:39 AM | Report Abuse

I am very relaxed. Up or down, I just watch until my buy or sell price is triggered.


tressele
1052 posts

Posted by tressele > Mar 20, 2020 10:51 AM | Report Abuse

Me too! I will be waiting at 16c


John1234
1312 posts

Posted by John1234 > Mar 20, 2020 12:50 PM | Report Abuse

Yes. No need to rush this period... Let the mkt operator work for us. At the same time, we can wait to collect the 1 sen dividend.

Can really smile in our dream.......


tressele
1052 posts

Posted by tressele > Mar 20, 2020 2:47 PM | Report Abuse

Wow ifca nicely collectef


John1234
1312 posts

Posted by John1234 > Mar 23, 2020 9:51 AM | Report Abuse

Dow futures are down about 850 pts. So, those who chased high last Fri cut loss this morning...

That is why we see a sea of red today..


John1234
1312 posts

Posted by John1234 > Mar 23, 2020 6:34 PM | Report Abuse

China is said to stage a comeback after experiencing its most adverse virus-hit economic fallout in the 1st quarter....
https://www.thestar.com.my/business/business-news/2020/03/22/chinas-ec...


tressele
1052 posts

Posted by tressele > Mar 24, 2020 5:00 PM | Report Abuse

Are u still holding john?


DreamKentut
897 posts

Posted by DreamKentut > Mar 24, 2020 5:02 PM | Report Abuse

He may have let it go after cumming.


John1234
1312 posts

Posted by John1234 > Mar 24, 2020 8:22 PM | Report Abuse

Yes, Tressele. I was busy today. Anyway, my buy or sell price is not triggered yet, based on my trade plan...


John1234
1312 posts

Posted by John1234 > Mar 25, 2020 8:25 AM | Report Abuse

US mkts had a strong rebound yesterday on hopes of reaching a massive stimulus package to offset the devastating impact of the virus outbreak in the US. Bursa mkt should get a lift from it at least in the morning today.

This is still a news-driven market. Nobody can be 100% sure when the market will bottom out, given that the virus situation is still not under control yet. We must follow the global news to stay informed.

I have my own trade plan and my holding cost is on the low side. So, I will stick to my plan to buy or sell.

For the others, pls relook at your own situation to recalibrate what is best for you, given the uncertainty of the market and your holding power.


tressele
1052 posts

Posted by tressele > Mar 25, 2020 8:55 AM | Report Abuse

What is your target price to sell John?


John1234
1312 posts

Posted by John1234 > Mar 25, 2020 9:36 AM | Report Abuse

At least 21.5 sen, which is currently the resistance set by the mkt operator. lol.

If I sell at 21.5 sen, I will just clear my lot bought at 18 sen, still keeping the lot that I bought at 25 sen. Anyway, got to assess the situation.

-----------------------------------------------------------------------------
tressele What is your target price to sell John?


tressele
1052 posts

Posted by tressele > Mar 25, 2020 11:46 AM | Report Abuse

hope this one should follow other tech counter like datasonic


John1234
1312 posts

Posted by John1234 > Mar 25, 2020 5:19 PM | Report Abuse

Well, it closed at 21.5 sen. Got to see if the operator dares to bring it higher, above the 21.5 sen price range, tomorrow, for punters to chase.

Up or down, I feel at ease knowing that the operator is working for me either way. Lol.


Max_Lui
61 posts

Posted by Max_Lui > Mar 26, 2020 8:34 AM | Report Abuse

Fed’s Anti-Virus Lending Firepower Could Reach $4.5 Trillion...
https://www.bloomberg.com/news/articles/2020-03-25/fed-s-anti-virus-lending-firepower-could-reach-4-5-trillion?srnd=premium-asia


John1234
1312 posts

Posted by John1234 > Mar 26, 2020 10:09 AM | Report Abuse

Sold my 18 sen lot at 22 sen...

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