prudentinvestor

prudentinvestor | Joined since 2013-05-10

Investing Experience -
Risk Profile -

Followers

8

Following

0

Blog Posts

0

Threads

4,285

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,285
Past 30 days
118
Past 7 days
21
Today
0

User Comments
Stock

2021-03-02 11:40 | Report Abuse

Has been in downtrend for many months. It seems the directors have no more money to support/play this counter.

Stock

2021-03-02 10:13 | Report Abuse

The directors are better at playing their company shares rather than making money for the company.

Stock

2021-03-01 10:10 | Report Abuse

Early signs that MRCB is moving north. Should still go up a few more cents.

Stock

2021-03-01 09:25 | Report Abuse

Should go up to RM11 before the ex-div date.

Stock

2021-02-28 17:41 | Report Abuse

Maybank made over RM8 billion in 2019, consistently pays handsome dividends of over 50 sen a share over the past 10 years and has a nta of RM7.5 a share. How much did Maybank make in 1997?

Stock

2021-02-27 12:06 | Report Abuse

NTA is RM6.18 a share. Even after a provision of a RM 2.8 billion loss, its nta is still RM 5.18 a share, much higher than its current share price. Will likely fall very badly next Monday.

Stock

2021-02-25 23:16 | Report Abuse

"prudentinvestor, you just answered your own question. "Could" and reality is still a debateable subject. Now that I had made you read your article. You realize that 1.3mil is going to take them till Dec. To really by July. You can calculate the number."
@moneymakerx, if I say that the vaccination rate could be ramped up to 2.5 million doses a day because the president had already said he wanted to vaccinate all Americans by the end of July, do you still say that "could" and reality are still debatable because you don't believe the new president is incapable of delivering the goods? Come on lad, don't try to find bones in an egg.

Stock

2021-02-25 23:00 | Report Abuse

"What is the growth there? Can the bank serve oversea market? or tenaga export to oversea? All of which are bound to Malaysia economy, and we are in negative zones in terms of growth now. And these sectors require economy of production to be booming to really benefit from. But if bank counters make you sleep soundly at night, just go ahead. I dont think anyone is saying negative things about banks other than more and more naysayers here saying negative about gloves."
@moneymakerx, Aren't our banks serving overseas markets like Singapore, Indonesia, Thailand, China, Vietnam etc? Tenaga doesn't need to export its electricity overseas, it has total monopoly in Malaysia and is making good money. What's wrong with recommending buying bank stocks and GLCs instead of glove counters?

Stock

2021-02-25 22:32 | Report Abuse

In the last week, an average of 1.30 million doses per day were administered in the US, not close to 1 million doses. The vaccination program was derailed due to extreme bad weather. The vaccination rate could be increased dramatically. Never assume that the vaccination rate will stay at 1 million shots a day. So when Biden said he "hoped" he could vaccinate every American by end of July, "Hope" and reality are also different?

Stock

2021-02-25 22:03 | Report Abuse

"Israel being the country with the most vaccination of COVID19 didn't see the results most were hoping for. There is no sharp dive of numbers, because vaccine dont prevent spread or infection. It only controls the disease."
@moneymakerx, read this article dated 05 Feb 2021 "Vaccines are curbing COVID: Data from Israel show drop in infections".

Stock

2021-02-25 21:41 | Report Abuse

"To fully vaccine the whole world we will take 7-8 years if not more given the current maximum speed of inoculations,..."
@moneymakerx, at this rate of vaccination, millions more could lose their lives. I think everyone on earth should have a chance to be vaccinated by the end of next year. The new US president has already said that he hoped to vaccinate every American by July this year. Astra Zeneca, Pfizer and Moderna have an estimated production capacity of over 5 billion doses for 2021 (not including production capacity of new comers like J&J), China has a production capacity of over 2 billion doses while India has over 1 billion.

Stock

2021-02-25 15:01 | Report Abuse

This is the type of counter that we should invest. hahaha

Stock

2021-02-25 14:42 | Report Abuse

@moneymakerx, once vaccination is complete and all restrictions on the economy removed, economic growth should gradually return. It can't be worse off than it is today. Apart from gold, I can't really think of any commodity prices that have breached historical highs lately. Bank counters and other GLCs like Tenaga are trading at reasonable levels.

Stock

2021-02-25 12:17 | Report Abuse

With the start of vaccination, Malaysia's economy is en route to recovery. Buy bank stocks and other GLCs instead of glove counters.

Stock

2021-02-25 11:16 | Report Abuse

Can't remember the last time HWGB reported positive earnings. It must have been a very, very long time ago.

Stock

2021-02-25 11:00 | Report Abuse

Made over 40 sen a share in the second quarter but only declared a 3.8 sen dividend. Investors are utterly disappointed.

Stock

2021-02-21 11:10 | Report Abuse

Buy now. You can expect a 15 to 20% gain by the end of the year.

Stock

2021-01-13 15:51 | Report Abuse

The proposed 2 sen per share dividend in the pipeline again.

Stock

2021-01-12 20:17 | Report Abuse

I hope it could drop to RM7, better lower but I doubt it would. No one knew last year when COVID19 vaccine would be made available to the public but it is available starting next month.

Stock

2021-01-12 12:24 | Report Abuse

Tan Sri Lim, are you not afraid of margin calls if Genting drops to RM 2.00?

Stock

2021-01-12 12:19 | Report Abuse

Market dislikes political instability/uncertainly. Now we have got rid of them.

Stock

2021-01-12 11:54 | Report Abuse

Market is unlikely to fall lower than the lowest experienced today. It will recover slowly.

Stock

2021-01-04 10:36 | Report Abuse

Big players are playing. Small investors better be careful!

Stock

2020-12-30 20:29 | Report Abuse

No news, just pure speculation. Take profit while you can.

Stock

2020-12-24 21:56 | Report Abuse

EPF and KWP may be selling but other funds are buying, otherwise CIMB's share price will fall to the abyss.

Stock

2020-12-03 09:04 | Report Abuse

It should be by end of 2021. haha

Stock

2020-12-02 21:18 | Report Abuse

MRCB should go up to at least 80 sen a share by 2021. This means an upside of over 66%. Not a bad gamble if you have spare cash.

Stock

2020-11-23 17:57 | Report Abuse

Already sold most of my TA shares at 61.5 sen over the past several months.

Stock

2020-10-08 15:39 | Report Abuse

CIMB's share price now is the lowest in over 5 years, may be longer.

Stock

2020-10-08 10:31 | Report Abuse

Every one would like to buy at the lowest and sell at the highest. This is difficult to achieve. Buy slowly, not at one go.

Stock

2020-10-08 09:27 | Report Abuse

Buy now and keep for two to three years. I am confident it would reach RM 5 by then. This means an upside of over 60%. Be positive, think long.

Stock

2020-09-22 15:34 | Report Abuse

Keck Seng directors are happily picking up Keck Seng shares at over 75% discount to its actual nta.

Stock

2020-09-11 12:01 | Report Abuse

From doom to gloom, what a sudden change of the mood of investors (or speculators?). Be careful, the mood can change again suddenly.

Stock

2020-09-10 16:55 | Report Abuse

Guys, sell all your glove counters and switch to bank stocks like Maybank, RHB, CIMB, Ambank etc. if you want to sleep soundly.

Stock

2020-09-10 10:30 | Report Abuse

Judging from the large number of comments that have been put up on the investor forums, I have no doubt that a lot of small investors have invested in Top Glove and Supermax and have suffered from heavy losses.

Stock

2020-09-09 15:18 | Report Abuse

Despite a 25% drop from its recent peak, Top Glove is still 5 times higher than it was at the beginning of the year.

Stock

2020-09-09 14:57 | Report Abuse

Investors should pay more attention to bottom lines rather than the memorandum of understanding. This is to avoid getting tricked and trapped.

Stock

2020-09-09 12:36 | Report Abuse

Many punters have suffered heavy losses due to the sharp falls in speculative stocks. I offer my sympathy.

Stock

2020-09-05 12:58 | Report Abuse

Some Maybank investors have probably forgotten the amount of dividends they have been receiving over the past ten years.

Stock

2020-09-04 18:23 | Report Abuse

NTA only 8 sen a share and the lowest this year was less than 10 sen.

Stock

2020-09-04 16:53 | Report Abuse

I don't think the company has ever made any money over the past 10 years and I doubt it will.

Stock

2020-09-04 11:19 | Report Abuse

At 8.62 a share, Top Glove has a market capitalization of about 70 billion. Assuming a PE of 20, it needs to achieve net earnings of 3.5 billion. Does any Top Glove investor really think this is achievable in the long term?

Stock

2020-09-03 15:18 | Report Abuse

Harta has dropped by more than 8%, Supermax by over 6%. Top Glove still has a long way to catch up.

Stock

2020-09-03 12:43 | Report Abuse

Has anyone ever thought what Top Glove's (and other glove counters too) share price would be when everything returns to normal?

Stock

2020-09-03 10:29 | Report Abuse

Everything will be back to normal within the next one and a half to two years. There will be bad over capacity in the glove manufacturing industry then and the share price of glove manufacturers will return to early 2020 levels. There is certainly excessive speculation right now.

Stock

2020-09-01 20:49 | Report Abuse

tp three years from today at least RM 5.00. This means an upside of over 50%, not including the dividends.

Stock

2020-08-17 17:52 | Report Abuse

Right, right, right, sell everything, including your investment in other counters, car, house, land etc and buy MRCB.

Stock

2020-07-29 11:48 | Report Abuse

Back to 18 sen again soon. Avoid VT's counters.

Stock

2020-07-29 10:57 | Report Abuse

On the way down. The next time it goes up beyond 25 sen again could be a year later.

Stock

2020-07-01 09:19 | Report Abuse

Unrealized losses amounted to over RM 70 million but this amount was not included.