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No lo.....thought want to buy at pre closing price of 4.31...

...but hesitated .....now regret liao

....haha....

but ok la... my current holding only average 3.428

....cheers & Merry X mas.

@choysun....Good Morning

Dow Jones up more than 200 p0ints.

Energy and Financial lead gain in US market.

Major Banks are up 2-3%.

https://www.theedgemarkets.com/article/phase-2a-mah-sings-carya-m-aruna-90-taken

Phase 2A of Mah Sing’s Carya @ M Aruna 90% taken up

Citi...BAC....JP Morgan...

......all up more than 4%.

Goldman Sachs up 6.1%
Morgan Stanley up 5.5%

Dow Jones down....Financial, only green, up more than 1%

@kd88 Thanks for sharing.

https://www.theedgemarkets.com/article/modernas-covid19-vaccine-shots-leave-warehouses-widening-us-push-immunise

https://www.theedgemarkets.com/article/modernas-covid19-vaccine-shots-leave-warehouses-widening-us-push-immunise

https://www.cnbc.com/2020/12/18/fed-to-allow-big-banks-to-resume-share-buybacks-with-limitations.html

Bank stocks rose across the board in after-hours trading with JPMorgan up 5.3%, Goldman Sachs up 4.4% and Wells Fargo up 3.5%.

https://www.cnbc.com/2020/12/18/fed-to-allow-big-banks-to-resume-share-buybacks-with-limitations.html

Bank stocks rose across the board in after-hours trading with JPMorgan up 5.3%, Goldman Sachs up 4.4% and Wells Fargo up 3.5%.

Global Banking stocks are poised for comeback next year.

https://www.malaymail.com/news/money/2020/12/19/fed-tweaks-banking-restrictions-to-allow-some-buybacks-dividends/1933348

Shortly after the announcement, JPMorgan Chase said it would repurchase US$30 billion in shares starting in the first quarter.

Probably will close the year above 5.....

Just now the pre closing trade is institution warming up and rehearsal for window dressing at the end of the month.....

6.8M shares done at pre closing....28.5% of day's total trade....

6.8M shares done at pre closing....40% of day's total trade....

Yes, sentiment currently is also affected by the weakness of the gloves sector.

Hopefully the rally of the property will help offset the weak sentiment.

@Daily88...they have signed agreement with supplier for the raw meterial....for the price..yes current level it's a good entry point if buy to keep.

@Daily88...when the gloves reached full projected production of about 3.68B pcs in 2022, at a profit of USD15 per 1000 pcs (based on pre covid price of 45 and production cost of 30...Mahsing gave a guidance of about 25)
the profit will be about RM220M...or 9 sen per share...at PE 15 times....it's RM1.35...that's gloves alone without contribution from property.
My 2 sen only.

But currently, it seems trading is controlled by operator....up in the morning and close at the lower range.

Cannot trade short term but can buy for long term.

From RM4 hari hari defend till RM3....beh tahan liao and cut loss...

....now 4.80....says bull trap hahaha.....

Newbie with just 39 posts better go play play kacang putih stocks.

Good bye, please don't come back.

MahSing is for strong hands, not for you.

https://www.theedgemarkets.com/article/growing-bullishness-among-retail-investors-net-buy-flows-rose-72-weekonweek-dec-711-%E2%80%94


"The three stocks that witnessed the highest net outflows from domestic institutional investors last week were Top Glove (-RM342 million), Public Bank (RM91 million) and Kossan (RM88.7 million) while the three stocks that witnessed the highest net inflows were CIMB (RM233 million), Maybank (RM88 million) and TNB (RM84 million)," it said.

https://www.theedgemarkets.com/article/growing-bullishness-among-retail-investors-net-buy-flows-rose-72-weekonweek-dec-711-%E2%80%94

Local institutional investors turned net seller due to their relentless selling in Top Glove on concerns over social issues as well as disruptions to its operations.

"The three stocks that witnessed the highest net outflows from domestic institutional investors last week were Top Glove (-RM342 million), Public Bank (RM91 million) and Kossan (RM88.7 million) while the three stocks that witnessed the highest net inflows were CIMB (RM233 million), Maybank (RM88 million) and TNB (RM84 million)," it said.

Trading controlled by operator.

Don't buy to trade.

Only buy if you can keep till next year 2QR is out at end August.

https://www.theedgemarkets.com/article/evening-5-five-things-you-need-know-today-323

https://www.theedgemarkets.com/article/high-speed-rail-drive-property-trading-opportunities-ahead-%E2%80%94-rhb-investment-bank

She has "buy" calls on IOI Properties (TP: RM1.21), Mah Sing Group Bhd (TP: RM1.09).

HLB....TP 1.41
AMMB...TP 1.50
CIMB...TP 1.35

MQ technical reading....5.0/5

https://klse.i3investor.com/mqtrader/sf/analysis/stkta/1023

What kok, this non shareholder talking...

Morning...operator pump and dump, now turning red...when selling intensify in the afternoon....more red.

Dead cat bounce...the buy back is providing some support....

....when buy back evaporates, it will drop kaw kaw....

Dead cat bounce....opportunity to sell before it drops further.....

https://www.freemalaysiatoday.com/category/business/local-business/2020/11/21/snap-polls-will-power-klci-to-1800-in-2021-says-asset-management-firm/

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark — a level last seen in 2018 — by end-2021, if a snap election is called next year.

Inter-Pacific Asset Management Sdn Bhd CEO Nazri Khan (DDNK) said investors have been anticipating a snap election as early as January next year due to optimism over the introduction of the Covid-19 vaccine, along with expectations of the removal of the conditional movement control order (CMCO).

https://www.freemalaysiatoday.com/category/business/local-business/2020/11/21/snap-polls-will-power-klci-to-1800-in-2021-says-asset-management-firm/

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark — a level last seen in 2018 — by end-2021, if a snap election is called next year.

Inter-Pacific Asset Management Sdn Bhd CEO Nazri Khan (DDNK) said investors have been anticipating a snap election as early as January next year due to optimism over the introduction of the Covid-19 vaccine, along with expectations of the removal of the conditional movement control order (CMCO).

Want to make money in Bursa is easy...

....just follow the momentum....just like fungsui, just follow the flow...

....what is going up, will continue to go up...

....what is going down will continue to go down....

....this is call momentum play....

....investors cannot beat Mr. Market....

.....JUST FOLLOW THE MOMENTUM TO MAKE MONEY....simple as that.

Want to make money in Bursa is easy...

....just follow the momentum....just like fungsui, just follow the flow...

....what is going up, will continue to go up...

....what is going down will continue to go down....

....this is call momentum play....nothing to do with fundamental

....investors cannot beat Mr. Market....

.....JUST FOLLOW THE MOMENTUM TO MAKE MONEY....simple as that.

Want to make money in Bursa is easy...

....just follow the momentum....just like fungsui, just follow the flow...

....what is going up, will continue to go up...

....what is going down will continue to go down....

....this is call momentum play....nothing to do with fundamental

....investors cannot beat Mr. Market....

.....JUST FOLLOW THE MOMENTUM TO MAKE MONEY....simple as that.

AT investor desperate liao?????

LOL...hahaha....

Want to make money in Bursa is easy...

....just follow the momentum....just like fungsui, just follow the flow...

....what is going up, will continue to go up...

....what is going down will continue to go down....

....this is call momentum play....nothing to do with fundamental

....investors cannot beat Mr. Market....

.....JUST FOLLOW THE MOMENTUM TO MAKE MONEY....simple as that.

https://www.theedgemarkets.com/article/top-gloves-executive-director-and-epf-trim-their-stakes-further

https://www.theedgemarkets.com/article/top-gloves-executive-director-and-epf-trim-their-stakes-further

THE little-known private company has the backing of heavyweights from the property sector. Home Minister Datuk Hamzah Zainuddin and Health Minister Datuk Seri Dr Adham Baba announced its entry into the vaccine scene.

Also at the announcement were the controlling shareholder of Mah Sing Group Bhd Tan Sri Leong Hoy Kum and property developer, Tan Sri Lim Yew Loong of the LYL group. The other notable names in GI Healthcare Resources are Sim Guan Yu and lawyer Rosli Dahlan who is the adviser.

For starters, Sinopharm, which is owned by China National Pharmaceutical Group and GI Healthcare Resources are sponsoring 10,000 doses of the Sinopharm vaccine to Malaysia.

Eventually, GI Healthcare Resources is expected to undertake the distribution of the Sinopharm vaccine. So far it is not known if GI Healthcare Resources will also go into the fill and finish process.

Sinopharm is one of the three leading vaccines producers from China whose product is being tested for phase three clinical trials in other countries where there are many Covid-19 cases. Among the countries participating in the test are Indonesia, Brazil and the United Arab Emirates.

According to latest reports, UAE has reported an efficacy rate of more than 90% while Indonesia has stated that it has yet to conclude the outcome of the phase three trials.

https://www.freemalaysiatoday.com/category/world/2020/12/14/uae-starts-covid-19-jabs-after-approving-sinopharm-vaccine/

ABU DHABI: The United Arab Emirates has launched Covid-19 vaccinations in the capital Abu Dhabi, health officials said Monday, days after it approved the jab by Chinese drugs giant Sinopharm.

https://www.theedgemarkets.com/article/sinopharm-jvco-sponsor-10000-doses-covid19-vaccine-front-liners

KUALA LUMPUR (Nov 17): China National Pharmaceutical Group (Sinopharm), through GI Healthcare Resources Sdn Bhd — a joint-venture company (JVCo) with local investors — has agreed to sponsor 10,000 doses of the former's Covid-19 vaccine for Malaysian frontliners.

Meanwhile, GI Healthcare Resources was represented by Tan Sri Lim Yew Loong, Tan Sri Leong Hoy Kum, Sim Guan Yu and Rosli Dahlan as its advisers while Liu represented the firm in the video conference.