it is an orchestrated selldown to suppress the price down by operators & IB for accumulation... usually all weak holders and traders will cut loss with such price suppression... they know how to shake the weak traders and newbies... this is not easy in the past as the veteran traders are not stupid but now the operators/IBs do it easily due to too many newbies and retailers with no experience...

well, yes....

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jfw616 it is good time to all in
07/08/2020 4:21 PM

haha... okey, you must be God :) do you know which stock/warrants will move 30% limit up next Monday ? :P

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Superinvestor1688888 It will drop more today after 4.39pm
07/08/2020 4:12 PM

not sure if it was targeted but i received a mail saying some system upgrade ongoing... usually i don't use MB platform for large fund transaction but unfortunately i used it for SuperMX... haha, but its okey i'm not planning to buy/sell though... just for a separate reason... , thanks anyway

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yttihs @gnath_77 my maybank no issue. Check your computer. Make sure you using IE

thanks to Maybank partly... unable to trade now due to some system glitch

anyone having trouble with Maybank UI ? unable to view my screen trade details, all missing out of sudden... only can sell/buy... was running fine since morning... not sure if it's an isolated issue only affecting mine or all ? thanks

exactly... so many young and newbies blindly follow a fake stock con-artist to buy & sell a stock according to his advise... they think he is acquiring the shares together... what they don't know is that he is driving the stock only after he silently accumulated huge volume for his disposal at handsome profit when his followers are on a buying spree lifting the price exponentially... in another meaning, it is like stealing from your supporter after creating a viral buy call to the supporters... haha weird people nowadays... these "Guru's" (mostly online/fb/insta/whatsapp/wechat/tiktok/whatever sh*t social media app) nowadays have converted stock market to become like a religion now... don't be too naive in today's world.... when he suggest something, it is purely for his self interest & self gain only... when he announced he switched to TG, you won't know how much he disposed TG with the price climb... while acquiring the Supermax when it was suppressed for sometime on the price cap.

p/s : moral of the story, use your own brain to think & decide to trade/invest.... unless you don't have, then you can follow the "Gurus" like him & make him super richer, not yourself...

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KL Liew KYY ask u all sell pull down the price he belakang diam diam buy Alot & All in already 。this is skills
07/08/2020 11:55 AM

dear comrades, have no choice but to pull back all my capital from stock markets for now to continue to observe the situation before stepping-in again... Dow Jones index showing severe bearish signal for coming time ahead... so does other stock exchanges will follow... KLCI will be victim as well but unless retail support able to cushion the selling pressure to sustain the index for all major counters... but i doubt how long due to nature & fundamental of retail support risk... let's see... its something new for me as well since retail never been this strong before in my long experience...

@troy88 myself had the same experience with Careplus...

rr88... bye :)

i'm in... after a long time away from KLSE... injected all-out on Supermax alone with all my fund brought in from NYSE... been acquiring slowly since thursday and just done with it... not diversifying for now due to some personal strategical reason, been sometime ever since i last took such a risk-taking step back in SSE but its a well calculated risk profile... the retail correction still may not settled yet, but major IBs & institution collection have started last week Wednesday... those with holding power, just hold as next push will be much higher on some confidential reason... those with no holding power, please sell... not to worry

p/s : the more frequent the stock exchanges hand, the more volatile the share price indices will be (whether up/down)...

@abc123_2020 as u saw in my previous reply, no one is questioning on the value appreciation as this company have potentials... but the question is more on unrealistic & dangerous appreciation... institutions/investors with holding power don't like it.... when you have more retailers in a stock, be prepared to have a roller coaster ride and uncertain fluctuations without fundamentals...

okey, please buy more and make more money (Thurs - 30% & Fri - 30%)... treat us some coffee. good luck :)

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KL Liew Will continue Up 30% till friday
22/07/2020 1:09 PM

fundamentally pharmas should appreciate in valuation onset of covid, however, not this way... unreasonable & questionable appreciation like gloves due to severe gambling by retailers whom know nothing about how company share valuation works ... just pure gambling.. haha

@Iamnotasifu exactly, some of the stocks are over-valued for its actual valuation... that's the reason local institutions have started disposing to acquire back later at correction... at the moment, no one knows when to enter & leave due to high level of manipulation... we'll enter back once corrections & near-reasonable valuation returns to safeguard the capital from volatile fluctuations, especially for huge fund owners... the huge distribution small/med cap retail support will be very fragile unlike institutional support...

@Iamnotasifu you're very right... i've stayed out of KLSE for sometime due to the level of gambling malaysians have turned a stock market into... it have become irrational and not aligned to fundamentals of the company/economy at present... this is nothing but simple a ticking time-bomb awaiting to burst and collapse...

@only_best_buy, yes, my exact worry at this economic uncertainty & volatile condition in US-China relation... so far i yet to see any statement on IDSS ban extension beyond June 30th... so, most likely IDSS will be back on July 1st...

my take is all stocks are in great uncertainty, danger and heavy sideways at the moment... no matter how good is the stock, its a weak sentiment globally... not being pushed down (as those people familiar with trade data analysis on most key stocks in KLSE will know what i mean)... be prepared for a collapse anytime in most of the stock exchange, as economic data looks quite far worse than expected... retrenchment started globally in big firm & more coming soon... as for local stock (KLSE), there is also another political uncertainty which will also put pressure to local stocks & foreign funds in malaysia... if you're confident, please invest... but if you wanna take safe strategy & hold cash first to buy later when you're confident, then PULL BACK earlier than later... to be honest, i'm not confident at the moment & i pulled back some of my funds with hefty losses last week Monday in NYSE, it was proven a good decision else i would have been in much severe losses if i held till now (thanks to experiences learning through hard time during previous stock crises during 1997, 2001 & 2008 especially)..

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thesigncom gnath_77 ... theoretically glove counters should buck the downtrend (like the big 4). Careplus and Adventa seem to be going with the downtrend. What's your take? Pushed down or weak sentiments?

lots of companies have started retrenchment exercise including corporate MNCs... recession is about time to get worse with potential abrupt GE15 as well.. sort of expect weak market in upcoming days... for now, i hope IDSS ban will be extended beyond June 30th... else be ready to face severe situation in Bursa

@Jeju88 correction needed in your statement, i believe you're not in stock market long enough to have the experience to say this... remember as below...

"in stock, what goes up CAN come down.... but what goes down MAY NOT ever come up to the price index height you have locked yourself into or the height of the stock price it have once hit into... cut loss & re-gain capital losses is critically needed... remember this... don't mislead people here if you're very young in stock world, thanks...

trade with caution in any counters today... i expect all red & gap down tomorrow... as of now, Dow Jone's future price already (-220)... same goes to Nikkei, Shanghai and European & other Asean markets... all over world's key stock exchanges in danger & uncertainty with heavy volatile move, thanks.

@air01557 can you show me the link to the news/chairman's announcement for your claim below ? i would like to 'educate' myself more, thanks

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If you want to invest in Gloves then buy the top 6 producers who have tripled and quadrupled their profits. This company - the chairman expect only 15% increase.

@secretinvestor8888 you're like a snake with 2 head :)

[i] copying & pasting the same comments in many other specific-targeted stock forum at one time.. (u did this several times in the past as well)... so, whats your intention actually ?

[ii] stop commenting like a "barking" tone... remember that you're human, so comment 'humanely'... we aren't an animal...

[iii] be-little other peers in the forum, so, what are you trying to prove ? you're the "Guru" or you're the "right" in stock market prediction ? if yes, kindly let us know which stocks are the bull in the next 1 week... let's assess your credibility. let's have a bet... if what you predicted is correct, i'll pay you 500k cash, else you pay me 500k (doesn't matter in cash/property)... i can arrange a legal docs with my lawyers to arrange the legal bet. if you're willing, message me in the messenger, i will get my lawyers to contact you.

your mentality & way of communication is very cheap & unrespectable, thanks... good luck in your trading :)

p/s : currently i don't hold any Careplus share, just to inform you earlier before you jump into conclusion

and globally, there is a economic weakness at the moment including malaysia... earlier bull-run in every stock market was detached from the market reality... however, now it have started to reflect the sign since these reality detachment can't sustain long... global stock market bearish crash is expected worldwide (somewhat similar to March 16'2020) , just not sure when.. but it is coming

@Careless_Whisper : yes

@VenFx u have any sense what is UMW and what is Velesto ? u even know why UMW went up or you don't know ? u even know what is UMW's portfolio and what is Velesto's portfolio ? your knowledge is akin comparing mee goreng & strawberry, asking why one appreciated on value while the other depreciated in value.

@giinyang520 yeap... thats why i'm not monitoring the stock much on O&G... now its too volatile because of lack of synergy between oil producers on the production cut & oil war... but REMEMBER, this oil price cannot sustain... this is far lower than the minimum price they need to sell per barrel in order regain back their cost... now they can because it is short term, but there will be a time small oil players will be killed and supply glut will overtake... i expect about 6 months to 1 year it will be really HIGH before oil price correction...

and also please don' be too quick on assumption.. the reason i've stated there for MCO is not on the factory operation as i've already stated there on my previous comments if you read (it is on the retail market sentiments on the short rebound based on CEO's previous announcement on MCO impact on the factory op in Q1... ordinary retailers & speculative traders won't look at data, they'll move on news - if you're smart, you'll take the opportunity) ... and as for China's condom factory market share & Karex's market share, please read more. as well if they're both collective able to supply the shortfall on global stock at the moment, thanks.

@Cupcakes69 wait for the next QR, you'll get the answer for 3 major questions you've raise above... then you'll know if it is outdated or not :)

@icepumpkin yes, there is more buying volume today for accumulation

i'm still holding on as well... don't want to be too quick in disposal.. as, it have been red for some time, hoping patiently for a rebound... volume haven't moved here yet... pls remember about the shortage of supply vs higher demand...

huge accumulation detected (not sure when sharks gonna goreng all out soon to sky rocket the price... please be noted that Sharks/Institutions loves low valued good stocks to goreng since its easy to increase their profit margin compared to other higher priced stock :) don't sell for peanut profit... this stock will hover back above $0.45 cents once oil price is back to normal... may take time... but i'm long term for this...

Brent is at $41.13 dollar now :) same rally for WTI those long term, please hold till it reach $60 dollar before disposing

glove counters recently have become a Casino + Fun Fair Roller Coaster.... sigh... haha... good luck...

dear all, please observe your language & words... please engage in healthy debate & exchanges, whats the need to use offensive remark against each other ? thanks

@NoobTrader88 banks are the biggest fund managers... so, you know the answer :)

@simple091 inflated medical PPE, glove & sterilizer item price is only short term during March & April :) May onwards the supply glut have corrected causing competitive normal price bargain again... much of Chinese factory output regained. Please don't ride on false hope that all these products are at inflated price still at supply chain... it have already corrected long before May.. only order books are healthy for all PPE & glove manufacturers till mid of next year... just to correct your statement

@dniap not come down... but uncertainty expected... klci index may not come down badly as before as most of the foreign funds are already gradually out since 2018... local funds are supporting at a staggering number... so, local sentiment will keep it afloat on either Gov... i prefer to stay away from the uncertainty for 2 or 3 weeks before moving back

@Ron90 yes, actually you are right... i also already planned to pull all my funds from KLSE on July 10th... some panic is expected after July 10th onwards...

@Huat8huat8 sure, good luck for next ! :)

yeap... oil goreng very easy... just put your bet on crude oil price :) unlike other counters... end of the day, you know oil will sure go up one day, very crazily before correcting back... coz supply is severely cut right now... storage i quite high but there will be a supply glut later before correcting on the supply - demand... oil need to sustain at $60 at least to convince sustainability of the shale production companies & about $75 for offshore production... else more companies will shy away from producing causing severe collapse of supply chain... take the opportunity to ride the goreng

volume too low... that's why... high focus now on O&G... Karex will have its turn soon, don't worry :) let's also wait for CMCO announcement

@simple091 i think what he meant was that to ensure the current share price being acquired is it on par with earning capacity of the company for present moment after the QR is out, then it will make a difference... or else it will be another Adventa (whether huge turnaround/profit in QR also no effect for a week plus until some institution/operator come goreng together like mee goreng with HLT, Comfort, Careplus and many other) to make money and run away after disposing the shares to retailer's hand. Because institutional assessment is not like ikan bilis/retailer's assessment on acquiring shares at a given price... they have a much realistic & accurate financial assessment before deciding for long term stock holdings... so how much a company's stock grows also heavily dependent on institutional investment... until then, they will not enter unless they want to goreng short term... this is what we see lately on all gloves... those who pandai, can also goreng along with them and make huge money along the way through the roller coaster (enter/exit at correct time)... but they will not hold too long, remember... when institution/operators/sharks are out, stock will slide down gradually due to retailer distribution characteristic until it reaches a reasonable price on par with the company's actual current valuation.

all counters increase notably 4.5% to 7% from the open price... stay calm & patient :) the multiplication effect of funds that were lower will be more later compared to the other higher value shares... ( eg, look at gloves... when everybody rushed for top glove, supermax, comfort, i decided to acquire Careplus instead... the lowest a that time... movements were not as good as others, but when u wait... the multiplication effect on the delta is higher when Careplus started rising )

@Chua Joe Beng higher unit value shares will move up/down much visibly than low value stocks... but the nett percentile gain % will be almost same on the next tick up for valesto... i think u guys have to understand this... it is same for Armada... from the opening price...

very less people are INVESTING like those days with companies... with dynamic business outlook for any companies, long term, is a ticking time bomb on your wealth... it is more of a GAMBLING already now

@MoneyHeist yes... i already enter at 0.60 and exit at 1.00 some time ago in early May on POS.... they're doing better but just certain segment of their portfolio is impacted due to pandemic.. i know quite a number of companies quite well.. no matter how good is a company, remember, the key is identifying when to enter & when to exit.. because the problem now is the share/stock market nowadays is different from back then... with more retail participation & more tech savy population, it is totally detached from the fundamental reality of the company, it is the same fate in NYSE... it have become more of a digital casino, accept the fact :) given the current situation, if it was 5 years ago, stock sentiments were different.

and also don't just linger in oil alone... diversify on the consumer site as well.. for eg, chocolate manufacturer, fibre companies (5G) willl be next... etc

0.245 is relatively easy once there is a crude oil price that i'm personally targeting... which is achievable... just not sure when... but coming... (as long as Trump don't escalate the situation with China, somehow he is more volatile than oil)