Sell now miss the bounce then you realise losses only
Lorr.

Nasdaq should have one more drop then a recovery rally as they approved the stimulus package of 1.9 trillion!

aiseh. RSI said overheated. so sure la got profit sellers kua. Nothing to worry about. Once RSI hit 30 then will rally again up and hit new high.rinse and repeat this kinda thing wan la.

CVS rallied as the bet is as a distributor for the covid vaccine. On the local front IHH has distribution in 10 countries. 55k staff ready, and cold storage capacities. As a hospital and not a mere pharmacy.

Anyway, majority here noobs. Epf collecting. Glove companies buying back stock. Easy cushioning.

Funny. Need to explain to much. If don’t like don’t like lor. Need explain so much meh? Lol. India 9million infected now. USA even with vaccine. Too late. Their distribution rate will be slower than spread. Also the vaccine only last short duration. Will need top up and costly. Will be just for their rich. Worse still the world. America get next year. Malaysia 2022? Lol. Australia say success. Then breakout again this week. South Australia under lockdown now. Lol. The death rate is better but gloves have nothing to do with death rates. It’s about spreading. Still need gloves.

Wah. so smart sell. EPf must be stupid lo. Since they buying gloves. Lolz

Post removed.Why?

Rotation to usd equities since rallying after a crash a few days ago. Once risk appetite back then gloves will rally again..collect now. In the end we’re an afterthought to foreign funds who come only when risk appetite there as diversification. Macquire report is rubbish. Check the data. The average report is only 60% accurate. Statistically proven. These half baked analysts can fly kites.lol. Gloves are seen as covid friendly stocks and there’s a rotation out of tech to S&p. Just ended as tech now rallying again. Covid friendly are tech and gloves. So glove appetite should return once risk appetite for growth returns.

Even with a vaccine. India is doomed. Look at their latest spike. And they have no efficient administration in their poorer regions. 78,000 in one day spike. They have no control. Their demand for the gloves will soar and even if america improves it also doesn’t change the story. The vaccine is temporary and requires top ups. This means no one is fully immune and hence gloves will still be necessary to be used by medical personnel. Nothing changes. It’s why the directors picked up stock last week. They know the story and they know when are good prices to collect.

supermx quarterly will be out end of the month. not today. today's greatech. for those unsure where to look. here. don't need to waste time filling the feed with junk. https://www.malaysiastock.biz/Quarterly-Report.aspx

everyone waiting on listing yea?

"Why is that so much price difference? Does that mean if I buy in here in huge quantity and sell in US can get me triple the profit?".... shoppee local to local ...what taxes? is there medical tax here? what taxes to send to usa? import? sales? medical supply constraints? simplifying it to local is a bit too simplistic. America made car in america 30k usd....come malaysia reaches 100kusd. where is the sense? that's the comparison you're making and hence invalid. Like that buy american cars in america and bring back malaysia lor? lol. technically you can but how many issues between? and its not like cheap knockoffs arent sold on amazon. it's why they're clamping down. Amazon even clamped on sellers they had as an "all encompassing" issue. I know cause I was buying on amazon and ebay. The sellers first shipment no issue. Subsequent sales amazon said cannot. Controlled product. I even spoke with local ministry for special letter to send to hospitals in uk to help. Local also had lockdown on the product by later lifted by customs but continued on by DHL ,fedex,etc policy. My shipments all got issue. Fixed after. Was doing charity work sending to hospitals.

busy complying with listing requirements for mainboard? if they're to be added there's A LOT for them to do before that. Hence the quiet before the storm?

https://simplywall.st/stocks/my/semiconductors/klse-greatec/greatech-technology-berhad-shares/news/what-is-greatech-technology-berhads-klsegreatec-p-e-ratio-after-its-share-price-tanked/ At least it’s at a reasonable valuation now. Good price to average in.

maybank also opened phantom accounts last year....50 staff were fired after internal investigation. Don't really see that hitting the share price. Tony's weird dealings caused his operational manager to quit cause it was unethical..lots of reason for such companies to have "red flags" due to poor management of their values. Agreed.

might finally be bottoming...

https://www.marketwatch.com/press-release/lam-research-to-expand-global-footprint-2020-02-03?fbclid=IwAR0LQ4zxkoH9gM6DHmzQ9_Q7GCsT-kOriFMjO0WQBsOdDIvEyPui6zGTv9Y how ironic...i mentioned on 30th about lrcx and now they're here. ;) btw, it's a positive for the industry as a whole not negative.

Well, buying in intervals is easier than trying to guess the final drop. But of course take into account signals. Wait for nyse to turn positive. Malaysian will follow next morning.

gooshem...you've literally never made money from any of your posts...lol. i'm not even sure why you waste time posting. no one listens to you? seems funny.bored much? and you tend to just spam random boards...lol. if you want investing advice i think you should go for maybank's talk next month for sophisticated investors. Not sure if you got the invite. Guess not.

semi industry rally year...selling is just for rotational profits....LRCX just posted rally quarter last night....all semi stocks this year will rally hard....no worries. ;)

people just taking profits. greatech = solar. malaysia 2nd largerst producer...china-usa embargo knocked china industry to kneed. so malaysia gains and greatech rallied. now china virus...lagi KO china industry...winner....Malaysia lor...we gain more from wuhan virus actually.

Well,the terms of the china-usa trade deal doesn't touch greatech. Guess that's pretty much giving it room for another run up. nice.

Post removed.Why?

hmm...rise in soy oil price= palm oil price rise...hmm...i do see the logic...but the whole reduction of soy oil use was what caused the rise of palm oil price.no? Hence,although you're right in an infinite demand environment but this isn't such an inelastic environment. As soy oil needs was previously substituted for palm oil and now it only goes to say that the reverse would be true with soy oil being increased again? I would agree soy oil rise = palm oil rise only if it was an inelastic demand. But it isn't?

yeap yeap agreed

india side hit.... now china demand also at risk https://www.theedgemarkets.com/article/uschina-deal-could-hurt-malaysia-palm-oil-exports-china-%E2%80%94-malaysian-official?fbclid=IwAR2w7N68VjX4SnVsaA0udaEFV15tI3kaogQKqNAx78xHvQo9XF1Tauu_Dp0

lol....CPO down more... sold it down...made back in other stocks...seems silly to hold this downwards when the others are rallying.

dead cat bounce? CPO still going down...

i think traders taking CNY profits...maybe they'll come back after CNY

https://www.theedgemarkets.com/article/research-firms-maintain-overweight-plantation-sector

https://www.theedgemarkets.com/article/research-firms-maintain-overweight-plantation-sector

saying that the CFO is within acceptable range is pointless...since traders correlate it direct to price. If we're already having such drops and still above 3000 then reaching 2500 we'd be an additional 50% down? haha...seems odd,no? it is a general seasonal selloff of stocks prior to CNY,no?

I'm holding only because the rebounds tend to be quicker than the falls...yet...the CPO is still bleeding out. articulation of the eventual profits is of course a logical debate that has merits regardless of tax or actual numbers since the crude oil was not shunned and only the refined oils. YET, traders are traders and CNY the chinese tend to sell out to fund their CNY. And hence the stocks' performance. The concern is closer to why the CPO is at a complete freefall atm and not finding any footing I reckon. 2.5% down today? and down yesterday and down the day before...etc?

same oscillation as the stock price,no?

https://www.thestar.com.my/business/business-news/2020/01/14/crude-palm-oil-slips-further-from-three-year-high?fbclid=IwAR06BYhAYZZXfk8zQ7wH2tY8C4x_EsP1jr8CA0FseH1WoBFpaa1QZhPDT7k nevertheless, it's a direct correlation to the price movement.

https://www.thestar.com.my/business/business-news/2020/01/14/crude-palm-oil-slips-further-from-three-year-high?fbclid=IwAR06BYhAYZZXfk8zQ7wH2tY8C4x_EsP1jr8CA0FseH1WoBFpaa1QZhPDT7k

https://www.theedgemarkets.com/article/fbm-klci-ends-lower-cpo-prices?fbclid=IwAR3sANUiLiHTMx_f7_RRYQk5GKacQo80cQsPhdoEVIqX7IglJw0RdY02NT8#.Xh2YKsTbob8.facebook "Bursa Malaysia plantation shares tracked lower crude palm oil (CPO) prices"

https://www.theedgemarkets.com/article/fbm-klci-ends-lower-cpo-prices?fbclid=IwAR3sANUiLiHTMx_f7_RRYQk5GKacQo80cQsPhdoEVIqX7IglJw0RdY02NT8#.Xh2YKsTbob8.facebook "Bursa Malaysia plantation shares tracked lower crude palm oil (CPO) prices"

actually is the CPO even up? I'm seeing it fall pretty badly...? newspaper is dated news...

@dalpinia...that actually sounds like a good idea..it's a lot less volatile a stock too....but....assuming there's no rebound here. Problem with selling out at lows is when a rebound happens it tends to be quick. Think it's a tough call.

09-Jan-2020 Insider TAN SRI DATUK SIR DIONG HIEW KING @ TIONG HIEW KING (a substantial shareholder) disposed 4,800,000 shares on 07-Jan-2020.
09-Jan-2020 Insider TAN SRI DATUK SIR DIONG HIEW KING @ TIONG HIEW KING (a substantial shareholder) disposed 4,275,000 shares on 06-Jan-2020.
09-Jan-2020 Insider TIONG TOH SIONG HOLDINGS SDN. BHD. (a substantial shareholder) disposed 4,800,000 shares on 07-Jan-2020.
09-Jan-2020 Insider TIONG TOH SIONG HOLDINGS SDN. BHD. (a substantial shareholder) disposed 4,275,000 shares on 06-Jan-2020.

https://www.theedgemarkets.com/article/impact-indias-refined-cpo-import-policy-may-not-be-significant india can fly kites.,..their economy in shambles anyway,.,.

https://www.theedgemarkets.com/article/impact-indias-refined-cpo-import-policy-may-not-be-significant india can fly kites....their economy in shambles anyway.

hmm...wouldn't really collect as it goes down...it won't suddenly reverse...it'll have a sideways move before rallying up i reckon....better time to collect then? otherwise,kinda costly even with cost averaging to keep collecting.

isn't rsawit more crude than refined? shouldn't it be gaining ?.lol

@veronteo fake accounts? vulgarities? lol

https://www.thestar.com.my/business/business-news/2020/01/11/cpo-futures-to-trend-higher-next-week

https://www.thestar.com.my/business/business-news/2020/01/11/cpo-futures-to-trend-higher-next-week

https://www.thestar.com.my/business/business-news/2020/01/10/malaysian-palm-oil-price-surges-as-india-restricts-refined-palm-oil-imports