still undervalue consider its recovery growth

omg, breakout, now almost 20% profit in 3 trade days

dont wait later when it already go 1.20, 1.30 and higher

reliable bcoz the price is cheap and plantation is back for attention

plantation stock will be the next focus after glove for next coming months

grab while cheap

perdana will be loss making coming report, get ready for panic sell

we pick mmc bcoz it can sustain earnings during crisis, hve good fundamental... everybody will agree on this, i no objection, have 35K of mmc shares now

BUT not at the old time when everybody chasing late yahya sulong, albukhary and halim saad stocks and later
lose big money, it was sapura kencana which now become sapura energy, and umw-og now become velesto or drb-hicom when it was all time high

what i said was referring to the scenario of the reality of stock market when it was traded at cheap price and then shoot up >100%, then 200% and the next couple years become a penny stock, those bought at crisis time would benefit but those buy later will face the consequences, and the one who benefited would be small portion compare to those bearing losses

the one who can survive stock market is those who has money power, not those use hard earn saving/salary to trade, the latter eventually will be gone and shy away from market

i intend to be an investor when started trading but the reality market not really for that, its just a place for the super rich to take money from the common traders in a legal way

those who has money always looking around for a stock than can be manipulated when opportunity comes, the buy and sell will be well planned and calculated mathematically use computerised tools to create patterns and strategies to overtaking one another

fundamental does apply but not all the times, trends and patterns ie volume & chart has bigger effect than fundamental practices, where suits the normal behaviour of human that always crave for big profit in short period

if stock market really an investment tool, we should see many people makes money than losing, i yet to see that

dropping after ex-date will happen in most cases as its a sell on news method, operates by those who have big position earlier to trap new trader buying at higher price

unless if the rally is true, after adjustment it will correct down a bit before making another move

Talib re-posted my comment about selling glove stock in all glove counter..

i just wants to justify the comment was solely my personal opinion based on the covid19 algorithm chart and the rally of oil price towards 40usd

many possibilities could be happen as times goes by for glove stocks

pro’s:
- 2nd wave may strike out, china jilin 100m people reported has been locked down, US and EU has start to open business, exposing to same risk
- US and EU cases has been saturated but south american brazil and counterpart are on the rise

con’s:
- glove stock price has above fundamental value, those bought high prone to suffer loss if fund and the riches dumping big
- vaccine human trial has been done in china with good development result
- higher oil price will cause raw mat cost esp butadiene will increase and reduce profit margin

those whom sit on big profit congratulation, but those buy at high need to be careful

selamat hari raya to all muslims trader and happy holidays to non muslim

Talib re-posted my comment about selling glove stock in all glove counter..

i just wants to justify the comment was solely my personal opinion based on the covid19 algorithm chart and the rally of oil price towards 40usd

many possibilities could be happen as times goes by for glove stocks

pro’s:
- 2nd wave may strike out, china jilin 100m people reported has been locked down, US and EU has start to open business, exposing to same risk
- US and EU cases has been saturated but south american brazil and counterpart are on the rise

con’s:
- glove stock price has above fundamental value, those bought high prone to suffer loss if fund and the riches dumping big
- vaccine human trial has been done in china with good development result
- higher oil price will cause raw mat cost esp butadiene will increase and reduce profit margin

those whom sit on big profit congratulation, but those buy at high need to be careful

selamat hari raya to all muslims trader and happy holidays to non muslim

Talib re-posted my comment about selling glove stock in all glove counter..

i just wants to justify the comment was solely my personal opinion based on the covid19 algorithm chart and the rally of oil price towards 40usd

many possibilities could be happen as times goes by for glove stocks

pro’s:
- 2nd wave may strike out, china jilin 100m people reported has been locked down, US and EU has start to open business, exposing to same risk
- US and EU cases has been saturated but south american brazil and counterpart are on the rise

con’s:
- glove stock price has above fundamental value, those bought high prone to suffer loss if fund and the riches dumping big
- vaccine human trial has been done in china with good development result
- higher oil price will cause raw mat cost esp butadiene will increase and reduce profit margin

those whom sit on big profit congratulation, but those buy at high need to be careful

selamat hari raya to all muslims trader and happy holidays to non muslim

yes im neutral too, its a small well which petronas awarded uzma jv enquest to venture in e&p and they will be paid for work done

osv player not depends on oil price, its the charter rate and utilisation based on given contract

mmc major businesses are conventional, has been overshadowed by the hype of tech, IT, o&g recovery and the rest

when covid comes, many business cannot sustain profit, mmc has surface as defensive stock

many will come to learn this and join us later, this is a solid company now selling at bargain price

i dont hve idea what happen inside gpacket as i come after the drop collecting son at -ve 30% premium, has sold half of them, now regret selling too early but thats fine as things might be going the other way round, nothing to complaint

will hold the other half tight then

each of them have different portfolio to serve the gov services, one cmpny alone cannot do all at one time

https://www.theedgemarkets.com/article/boustead-puts-jalan-cochrane-land-sale

land to be sold - will add income to cash flow and report can be green, if not this qtr, should be next qtr

most margin will be abt 1.5% + BR p.a. if BR is 5%, means interest to serve is 6.5% to be charged on monthly basis (like credit card)

you need to ensure the stock you pick be able to generate money to cover margin cost, otherwise wasted

another lesson to learn, dont use loan money or margin or whatever type of borrowings to trade as beginner, very risky

i survive stock market over the years is bcoz im only using cash, only recently apply margin to leverage (use margin on account that already sit on profit) so in case market drop, you will not immediately under margin call

once oil back to normal, hibscs will be the first to benefit compare to o&g svc, wait till next year, can get back your capital

omg, how can loss that amt in one stock

if new trader better subscribe with sifu even have to pay fees but you will not get burnt like that

one important lesson is cut loss, many not dare to do when see 1st small loss and then accumulate big and then bigger

i was losing 150k in 2 yrs when start trade by reading books and internet then only realised it was a mistake

still have few days after holiday before div, should hit 90c then

still hold son, miss to sell above .60 but nm i trust this stock link with PN gov is good

entered .845, down till .81, had to buy at every down side and end up ave .83

market very volatile, so when market selling we buy especially on the uptrend stock (below fair value) or those can retain profit making even in crisis

bought son below 50c

fighting hard to stay upside.. go go

duit raya coming

wow flying

careful, below 20c soon, well understood this stock trick

no point collect a falling knife, should collect at bottom 15c and below

bought uzma .60

add mother .57

buy back son at .15, next collection .14 & .13 after holidays

the only prob, its BHP station might be post losses due petrol station almost no income during MCO

if not this qtr, in the next 2 qtrs should back to profit, it has land to be sale, it will be part of income

once market see report green for long time depress stock, market will panic buy and easily 20% profit

queue 50c if it drop before close

will uptrend till end year

still hoping for good report, you must be new to perdana

uzma much safer compare to osv bcoz not osv player

thanks for asking, i should buy uzma today

today i bought mmccorp at 84 and boustead at 52 and queing both at lower price to collect more if it down

will keep mmc and boustead until hit my short tp rm1 and 70c

new ID self proclaim making profit without buying call is useless bcoz the money is not in your pocket

be a pro, declare when buy and predict before happen

not real panic, wait until rpt out

all osv will badly hits, carimin, penergy already showed trend, today perdana should release and expect will be a loss too

armada may have profit from fpso but oms segment will bad + idle asset that yet to secure job until now

dont bet on qtr rpt, very risky

if postpone need to apply to bursa but so far no announcement

if no postpone 29th will be the last day to release

has gave out warning, if today rpt out with loss, when market re open another drop

bad qtr + bad market = disaster, but rpt only out end of month so still have time to breath

was looking at this counter before market crash when price above 70c but didnt buy

rest of counter now red and glove above value so plantation now back in focus with FGV leading

bought at 52c