Maybe in term of supply n demand…it’s impossible for the demand to drop overnight but the fcpo price can…it’s a bit impossible for the demand to drop so dramatically in short time as it need times to grow and harvest…and as a food manufacturer I don’t think they gonna risk themselves again to blindly follow esg and shift immediately even soy oil supply back to normal

I feel like seeing 10 by this week

I am thinking is it possible more plantation companies entering klci to prevent the index drop lower low.

Actually it’s just beginning of rising plantation stocks..

https://www.hellenicshippingnews.com/worlds-largest-oil-shale-power-plant-in-jordan-near-completion/
Contributing 300millions to 400millions net profit yearly

already at triple bottom...is it a good entry point?

https://www.zawya.com/mena/en/business/story/Worlds_largest_oil_shale_power_plant_in_Jordan_near_completion-ZAWYA20210601071403/

Estimation additional 200mil to 300mil nett earning per year

mega sales

hope i am wrong..i see this spike of share price is done by sharks distribute to retails

@lawpc128 when is the international chamber of commerce in paris?

Just curious whether the sector rotation from technology counters back old fundamental counters such as genting will happen again since Janet Hellen hinting interest rate increase to cool down economy. The last rotation was January as investors fear rising interest will dampen technology stocks

i don't see the spike in daily covid cases stop tourists from going for vacation or staycation...we are more adapt to this new normal and increasing daily infection rate..it's so obvious reflect in the genting share price movement recently. even the rise of daily infection rate, genting share price stand still and move up slowly. investors don bother it anymore. what they worry is the FOMO of genting RISE.

i guess nowadays 4th or 5th wave can't shake ppl off from genting...no matter how genting will open and ppl will fly soon..

actually most of the investors here know big 4 will show brilliant results this year..there are hidden hands keep on short them til this level and cause most of us leave glove counters for recovery themes. this downtrend is heavily manipulated..trade wit care and swim with sharks to protect your own capitals

i got a feeling....big fund will push healthcare sector in order to push up/maintain KLCI index at above 1600 since no other sectors with low PE to goreng. Besides, if vaccine can't cure this covid 19 completely as what most investors think, is it deserve to be priced at PE 10 coz this pandemic will not end by middle of this year even with the vaccination on going.

From the chart it shows very strong support there..most probably will rebound next week..

actually i saw the trend reversal but just not sure is it a solid reversal or fake reversal...hopefully it's a real reversal since this sector gif solid earnings with low PE

Goldberg....which price is the golden cross buy signal?

I truely believe there are no more undervalue companies in bursa and the earnings can’t pick Up with current valuation anymore. Glove sector is deeply undervalued and should deserve a fair valuation

Why no hit support line?

Abmb hitting the uptrend support line..previously abmb hit it twice and bounce fiercely...let’s see is it happening this time..

Cup and handle successfully formed...what’s the tp after this ??? Is it 2???

should merging soon...no more plan to merge

most probably merging

what happen to our malaysia telco??? 5g rolling out and these wireless telco should benefited but the share price going the other way....

Nothing to complain...the fluctuation of share price should earn more if plan properly

i heard someone aiming 50cents earlier...lets see is it true..

when does the indon plant income kick in ?

i just curious....should i believe in TA or FA at this moment? TA show it's bad in short term but FA will be good in long term if the power plant show real profit.

it's true the production in january is lower than december...if q4 show such disappointing results, i do believe the coming quarter result not going well too...

KLK and SIMEPT show us an early indication on the coming qr....would be profit quarter and higher qoq..with stable 3.6 eps for whole 2021, it would worth more than 1

any TA sifu around? i saw supermx trade above downtrend line...is it true?

actually nothing wrong if buy at 4.97 if not all in

why must cut loss for genting....just find a nice spot to average down is good enough...it will pay u handsomely in future

m would be nice for me....been waiting for m shape recovery

what is right timing? pls get advise from TA traders since chart show the buy in timing more accurately/higher possibility.

1)if got capital wait for right timing to average down
2)if not much capital/bullet cut loss and wait for reenter opportunity

this only applicable to counters that with good fundamental or growing stocks.

@hao091194 any links regarding the news?

i just curious why recovery stocks go against gloves..??? why can't they go up together if fundamental good?

darurat might increase the rubber usage jeh....glove really don't really make sense..

the articles i read is glove in shortage since vaccination do create an additional demand for glove usage...no right or wrong coz it just a news and it's up to investors which side they believe..

the selling force at 0.650 is so huge...amazing

@HuatEveryday how can i see the resistance at 0.655?

wow....seem like got power this morning...

*bait

i just wondering today's drop is it to bail tomorrow rss? lets see tomorrow..

support line confirm broken...next support is 0.56...hopefully no big wash by shark by then....else heading to 0.42

ppl always tell me that graph don't lie...if sentiment change, appropriate action must be taken and wait for a better buy in timing. don't go against the tide as we are too small potato to reverse the trend..

What the purpose betting gugu in share market....just click on short sell and the market will let u know the answer later.

It will be confirm double top pattern if no rebound next week. Under this political and covid uncertainties, I guess it will be heading downwards