I am very happy. I expected AA to fall to sub RM1.10 levels. All is still well.

WB provides good advice

https://klse.i3investor.com/blogs/koonyewyinblog/2020-02-03-story-h1483019625-Good_Buying_Opportunity_for_clever_investors_Koon_Yew_Yin.jsp

!!!

"a dividend yield of 12 per cent seems to be the floor below which most stocks will not drop."

OTB has credibility, unlike critics who only know how to throw baseless accusations at him

a refreshing read!

stncws,

Sori bossku, but I kinda like this kaomoji. :P

EatCoconutCanWin,

My guess it that they might not know.

EPF might have dumped bcause they want to buy more at cheaper price next week.

If one week prior already kena kau kau, next week lagi jialat.

The question is not "Will it limit down?", bcause it would most probably will.

You should ask, "How much limit down will it go?"

Stocks will be battered and bruised, but live to fight another day

Resigning is not our Malaysian thing.

Anyway, all these bad news are not definitive. No one at AA has been convicted yet.

TF is still the best man to spearhead AA.

I doubt any other can adapt to the AA work culture cultivated by TF, nor understand the short and medium term goals of AA.

One man's meat is another man's poison.

To each, his own.

Different investors have different investing time frames, monetary limits and risk appetite. Thus, negative returns today may transform to positive returns in future, depending on one's selling price.

https://www.theedgemarkets.com/article/malaysia-be-hit-harder-wuhan-virus-sars-if-outbreak-lasts-long-%E2%80%94-credit-suisse

https://www.theedgemarkets.com/article/airbus-allegedly-bribed-airasia-airasia-x-rm205min-sports-team-sponsorship-secure-deals

You help me, I help you

I have also lost money in stocks, but not as much as those who lost money here, esp those who held since 2017.

Seriously, I wouldn't know what to do if I were in your shoes.

I sincerely hope Hevea's business would improve in the next few quarters to alleviate the painful losses suffered.

Alright, thank you for your explanation 3iii!
______________________________________________________________________
Enigmatic

Noticed that in the morning session, no manipulation of the price. Some shares were transacted at 1.5 sen a few times.

Then the manipulations started again in the afternoon session. This time it is buying 100 shares, 100 shares and 300 shares, repetitively. Probably just to hookwink those looking at charts. It is also to always placed the price back at 2 sen, as depicted below.

Always check the daily transactions for volumes and prices, wherever it involves calvin and friends.


This was the 1113 phenomenon.

Posted by Panorama1 > Feb 1, 2020 11:15 AM | Report Abuse
Sentiment is poor due to challenging economic conditions coupled with 2019-nCoV in 2020. Whilst it is important not to encourage newbies to buy at this juncture, it is also important not to state ridiculously low target price. We are all investors with our hard earned monies and retirement funds.

Posted by i3lurker > Feb 1, 2020 11:16 AM | Report Abuse
to me it does not make sense to buy 1.43 when you know it will drop to maybe 1.00 later

and also buying few lots results in very high transaction costs.

I whack number of lots always above MOQ to keep transaction costs at the mathematical theoretical minimum.
_______________________________________________________________________
My comment: These comments by Panorama1 & i3lurker is good advice for newcomers.

Brace yourselves, more avalanche coming on Monday

trading2019,

I'm sorry I laughed too hard when I read your comment.

Next support is at RM6.05, followed by RM5.95, then RM5.81.
If the above prices are breached, operators are pummeling the price down.

"The stock market is designed to transfer money from the active to the patient."

Press F to pay respects

When China sneezes, the whole world catches a flu

2249900 sold at RM6.19.

Who dafuq has so much to throw? Margin call?

"Just when I thought I was out, they pulled me back in"

Back to multi year lows.

Trading Genting shares is now akin to gambling in Genting.

this stock really knm its shareholders, hahaha

WHILE OUTSIDERS AND NAYSAYERS TALK AND TALK BAD ABOUT QL, QL SHAREHOLDERS ARE CELEBRATING UP UP UP

I just remembered that ICAP holds a substantial amount of Boustead Holdings.

I hope ICAP has cut loss promptly on it.

It would be too late if ICAP allows BSTEAD to become another PARKSON.

Be careful, nanti you kena tangkap fake news then no cny to enjoy

IBs seem very pessimistic

https://www.theedgemarkets.com/article/cgscimb-research-lowers-target-lotte-chemical-titan-rm162

https://www.theedgemarkets.com/article/maybank-ib-downgrades-call-lotte-chemical-titan-sell

Will the waterfall finally stop?

Either you believe it's due to the bearish sentiment of the market, or the operators have left

MA50 > MA 200.

What me worry?

Typing in CAPS can attract more attention. It gives people a sense that there is some sort of important information.

DJI up but KLCI still down.

Now everyone still cannot fly in Bursa?

Rubbish becomes valuable fertilizer when it skyrockets to 90sen.

Probability of going down tomorrow is high.
If DJI goes up and KLCI down, when DJI down KLCI lagi teruk.

Why suddenly announce that they're the substantial shareholders? Isn't it stated in their annual report?

Or did they initiate Share Buy-back?

Isn't this report too pessimistic?

No one's interested in this upcoming IPO?

What is this 1113 and 168 patterns? I don't understand it. Care to clarify?

I actually think that GKENT is undervalued now.
Technicals show that it is oversold.
Price is near 5 year low.
Past 5 consecutive years show profit in EVERY quarter.
DY is higher than FD.
PE<10, ROE>10.
Or ala calvintan investing style, price<NTA.
How many companies on Bursa can provide you these criteria?

BATman Begins

Good point made by William Ng.

GENM trains its shareholders to genggam bara sampai jadi arang.

Buying GENM to trade requires much skill and patience.

TOPGLOV can't go up in a 90 degrees straight line.
It would probably normalise by coming down a bit.

No share buy back for BAT?

With BAT around PE 8, DY 12%, ROE 97%, the only drawback I see amidst all these wonderful parameters is the free-falling price.

Either insiders know that the next QR is horrendous, or the market sharks are busy gobbling.

Very high risk stock.

New shareholders will either be rewarded handsomely or suffer gradual painful losses.

"a dividend yield of 12 per cent seems to be the floor below which most stocks will not drop."

RM11.00 TP!

tourism related counters would mostly drop due to the virus outbreak

Isn't it a good thing to be able to acquire extra PCHEM at low prices for the long term?

But I do think in near term, things aren't looking that good until & unless next QR posts a better performance, indicating Pengerang's positive effect taking place.

I suppose traders could take this opportunity as well to hit and run, assuming PCHEM returns to RM7.00+ soon.

Post removed.Why?

“Just when I thought I was out, they pull me back in.”
Back to the RED.