They are saying Bangla workers are forced labourers. They are saying Uihger actors n actress are forced to act. These allegations does not have any credibility at all.
If your company's export market is just the US market, I would say it is high risk.

She said the US knew what happened to MH370 but said the info is classified. Florence de Changy said all clues point to the plane being shot down.

have u read Florence de Changy's latest book "The Disappearing Act: The Impossible Case of MH370" ??

Telcos are probably affected by low growth as lots of ppl seems already have 2 smartphones.
Government policy : Spectrum fees increase during Jibby's tenure limited its ability to pay dividends.

In the past, whenever the KLCI dips, telcos will come to the rescue. Not anymore now. Times have changed.

I think government funds selling. It is as though the buy side already prepared to absorb the selling. Right hand to left hand

Posted by Sharefisher > Mar 2, 2021 9:26 AM | Report Abuse

Junichiro... Any immediate resistance in your graph?

The immediate resistance lies at abt 4.97 its previous top. Anyway, it should be able to breeze thru as it is wave 3.

From the Elliott wave perspective, it is now the start of the strongest wave i.e. wave 3. It will only go higher.

Posted by Stocksafeplayer > Feb 19, 2021 11:34 AM | Report Abuse

The only wave I know is Shiok Wave....

Genting Huat ahh!!!!!!

No worries. When It completes its wave 5, everybody will start buying.

Genting has completed its 5 Elliott waves up. Hence the steep correction. We are now probably at wave 4 on the way down. I forsee another leg down to complete its 5 waves down.

Disclaimer: This not an advice to buy or sell.

Agree. The greatest threat are the politicians. Just like TM dropped to its lows (hit by Gobin even though it is actually good for consumers,) Maxis, now a shadow of its former self (hit by Jibby 's spectrum fees increment).

Posted by Zuliana > Feb 2, 2021 8:54 PM | Report Abuse

Shorties please help to short to 3.50
Thanks a lot Shorties...

Shorties... short to 3.50 or below 3.50...
Don’t short alang-alang only... like 3.80... which is not enough for us here.

Genting is not inside net short position list as at 2-2-21. Only GenM is inside. No IB dared to short Genting. How to buy at 3.50 ??

@InvisibleHand

I got this from Investopedia - Because of arbitrage, an ADR's price closely tracks that of the company's stock on its home exchange.

You are right. They may be under a grand illusion.

Posted by InvisibleHand > Feb 2, 2021 9:23 AM | Report Abuse

ADRs and actual must match, else there’s an arbitrage.

You may be right.

Posted by InvisibleHand > Feb 2, 2021 9:18 AM | Report Abuse

@Junichiro are you sure the ADR is 1:1? Usually it’s 5:1 or some defined.

I do not know. One of my friends who bet agst JPM sent it to my phone.

I do not know. One of my friends who bet agst JPM sent it to my phone.

Posted by jasonred79 > Feb 1, 2021 11:03 PM | Report Abuse

the return of BURSABETS and their TopGlove push lol!

TG ADR listed in US closed at USD7.15. Bursa bets traders are saying TG is worth RM28

Posted by choysun > Feb 1, 2021 11:27 AM | Report Abuse

Err, I kinda suspect BursaBet is only for TG :p

I think it is. I have already warned a friend of mine who turned activist agst JPM that some might be left holding the baby. I am sure those stale bulls who bought at the near top is waiting to unload.

I perused the list of net short positions as at 29 Jan. Genting is not in the list. But GenM is inside.

Thanks for the link. I take all these lightly. I have one audio by an Indian astrologer. He was asked by the audience n he said the pandemic will end in Nov 2021. He said travelling, airlines.. will take off in 2022.

Sorry, correction - she made the almost same prediction in 2019 for market outlook 2020.

I think she is referring to DJ. She made the almost same prediction in 2018 for market outlook 2020. Wall Street stopped trading for the first time since 1930s.

She is Singapore fung shui Queen. You can Google. The full set of fung shui is freely available to all.

Lynn Yap's fung shui outlook for stockmart 2021 :-
"the share prices in the stock market will collapse anytime."

Over 12400 Israelis infected after P jab.

Candles entering the ichimoku kumo cloud.

Barbers not allowed to open?

A lot of ppl have unconsciously gained immunity. The virus is all in the air. Even Antarctica is not immune to covid. The foreign workers tested positive but they have no health problems n can eat well, sleep well... Do u think they have already gained immunity? If they are counted as covid cases, surely the numbers are up.

what is the meaning of 'forced labour' ? I am sure all workers are paid. If you mean 'workers forced to do overtime', the whole economy will probably close down. I have seen my friends who leave their working place as late as 9.00 pm. But they never complain abt being forced to do OT.

Apparently, a group of politicians are trying to take advantage of covid. Calling elections during covid is a calculated attempt at keeping voters at home while they ferry their supporters to vote for them.

Posted by emsvsi > Jan 5, 2021 10:01 PM | Report Abuse

Dear Koon Yew Yin,

Why focus on a stock where you know for sure the profits and selling prices will go back to pre-pandemic levels...it doesn't matter if its this year or next...and where the longer you hold, the closer we get back to normalcy and the lower the value...

This paragraph sums up all - the disconnect between profit n price as markets are never rational since day 0.

Since when did markets behave logically ??

Malaysia needs
90 to 120 days just
to check Pfizer’s
vaccine? Are you
kidding DG?

Posted by Alfonso > Dec 15, 2020 2:29 PM | Report Abuse

Seriously, need to investigate uncle 1st, stock market will be up and down, u thought market always go according to logic thinking?
We all know glove co. are making tons of money therefore their share price should increase dramatically?
If this is the way, everyone in the world can be trillionaire by dumping all their assets to buy only glove counter, use your brain abit uncle,pls. thanks

I agree. Stock markets does not go along with logic. If it does, everyone is already a zillionaire.

JP Morgan has given their reasons in the report even if some others do not agree. At the rate things are going on, SC should investigate all analyst's recommendations ???

If you do not agree, just keep supporting the stocks n vote with your money. Isn't this better ??

Genting is all set to retest its previous high of 4.95

NTD is related to the white supremacist, Bannon. You read all this in The Edge Weekly published sometime ago.

It is the normalised EPS that counts. The question is what is the normalised PES, taking into account the new normal after vaccination ?

It is not easy. Investors frown on buying into a few qtrs of exceptional EPS only to find the EPS dropping drastically under the new environment. This probably explains the disconnect between profit n share price.

If one can recall, Titan Chemical was listed at the peak of the company's performance n the nightmare started to unravel after its IPO.

Genting is just a holding company of many subsidiary companies. Some subsidiary may make loss while others may make profit. It does not mean that just Genm makes big losses, so Genting must also make big losses. It is a matter of offsetting profit n losses.

Most of its losses have been offset by other subsidiary companies like Genplt, Gens, China businesses etc.

Genting does not own 100% of its subsidiaries, part of it is owned by LTK's private companies. Deducting the loss not attributable to Genting shareholders, the loss to Genting is 130 million.

Brazil received the first batch of Sinovav vaccine

Even if it is a qtr loss, it is already history. Share prices are forward looking. With coming of vaccine, it is now early days like gloves in Feb.

Unfortunately, this is a thinly traded share. Like Petron or HL Ind. Those who own the shares n wish to buy more can sell it down by 100 shares n buy cheaper fr those who panic sell. More so, during a weak market

Yesterday's so called 'adverse event' is not due to the vaccine but Brazil's internal politics.

Biden: 223 Trump: 174 (cna)

Dem in control of House of Representatives. (source: cna)

Biden 223 votes, Trump 145 votes (source: cna)

Telcos declined after Jibby milked them by a sudden increase in spectrum fees. That was 2017.It felt to a low of 5.60 n months later recovered to 6.40. That was the price I sold, having bought it in 2009. The real problem is the gomen trying to cover its financial shortfall. The telco went into a free fall ever since. This time around, I have a feeling they would milk the glove makers.

Hong Kong scientists announce that common drug used to treat stomach ulcers is successful in treating Covid 19.

All politicians are self-serving. In my area, flash floods occurred during BN state government. After PR came into power, the problem remains the same. Then, came PH, there problem remains the same.
They can't even build a new drain across the road.

Those young ppl in Sabah would probably have to continue to climb trees to get internet.