wallstreetrookieNEW

wallstreetrookieNEW | Joined since 2022-11-27

Investing Experience Not Disclosed
Risk Profile High

Mid-term trader (3-6 months) | Absolute Returns | Long-Short + Quant + Event-Driven Arbitrage

Followers

20

Following

11

Blog Posts

0

Threads

1,467

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
1,467
Past 30 days
1
Past 7 days
1
Today
0

User Comments
Stock

2022-12-08 09:20 | Report Abuse

Waited so long

Stock

2022-12-08 08:54 | Report Abuse

Putin yesterday mentioned "Nuclear weapon". Very scary times we live in.

Stock
Stock

2022-12-08 07:51 | Report Abuse

Remember that countries need chips for their weapon also. Chips are not just found in iPads or smartphones. Which explains why semiconductor companies have not even crashed despite the recent rout in FAANG and big tech.
I am definitely still bullish on MPI despite the challenging macro environment.

Stock

2022-12-08 07:50 | Report Abuse

Nowadays traders also don't make a lot of money. High turnover. Look at CGS-CIMB and Kenanga prop traders. A lot left and new people came in. After a few months, they will all leave again.

Stock

2022-12-08 07:49 | Report Abuse

If you have kids, ask them to go study electrical engineering and work in semiconductor. Intel is paying RM5k including bonus for their fresh grads. Applied Materials in Bayan Lepas, Penang paying RM3.5k. Lam Research around RM4k.
Doctor/lawyer cannot make money anymore haha. Or become prop trader/ECM like pang72. You ask pang72 how much he earn as a trader.

Stock

2022-12-08 07:42 | Report Abuse

Buy on weakness. MPI is good for a short-term technical trade (1-2 months). The only fear is if Russia suddenly drops a bomb on Ukraine or between China and Taiwan. Geopolitics will be a huge theme in 2023.

Semiconductor industry has been militarised. Countries are boosting semiconductor manufacturing capabilities as a means to improve their bargaining power on the international stage. The growth pace of the semiconductor industry is expected to slow, as companies downgrade FY23 earnings guidance, earning estimates by analysts come down 15% - 20% by 2H23' and amid a high interest-rate environment.
Semiconductor companies remain an integral part of any value investor. It is the same as investing in Oil and Gas during 2018. Expect some small rebounds but don't expect to be rich like investing in Google. That will not happen anymore.

Stock
Stock

2022-12-06 09:07 | Report Abuse

don't sell all. just sell to buy christmas gift @KClow I still hold a lot, no worries

Stock

2022-12-06 09:06 | Report Abuse

sell some shares to buy christmas gifts for my parents hurray!

Stock

2022-12-06 09:01 | Report Abuse

20% profit-taking

Stock

2022-12-05 10:33 | Report Abuse

Two more weeks

Stock

2022-12-05 10:32 | Report Abuse

@fruitcake wait two more weeks. It is coming soon

Stock
Stock

2022-12-05 10:14 | Report Abuse

Come back later

Stock

2022-12-05 10:14 | Report Abuse

Take a break first, go trade Velesto haha

Stock

2022-12-05 10:14 | Report Abuse

This stock is for traders

Stock

2022-12-05 10:11 | Report Abuse

Yep I bought a lot hehe

Stock

2022-12-05 09:52 | Report Abuse

Russian oil cap will pump crude oil prices back to 100$. Crude oil stays higher, driving inflation. Fed pivots, then resumes hiking. Followed by mild global recession. This recession won't be as bad as 2008

Stock

2022-12-05 09:51 | Report Abuse

@troy88 this stock, hold tight until Q1 2023 before bonus pay to fund managers.

Stock
Stock

2022-12-05 09:27 | Report Abuse

Coastal - Supermax
Hibiscus - Top Glove
RL - Rubberex/Careplus
Velesto - AT Systemization
Haha just kidding

Stock

2022-12-05 09:25 | Report Abuse

Two block trades

Stock

2022-12-05 09:24 | Report Abuse

O&G Strategy Q1 2023

1. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play)
2. Small cap penny stock gamble (Velesto Energy, Bumi Armada, RL [Reservoir Link])
Added Bumi Armada and removed Hengyuan because now no longer able to IDSS/RSS Hengyuan except corporate trading account.

Stock

2022-12-05 09:23 | Report Abuse

Coastal Contract - Supermax of O&G
Hahaha

Stock

2022-12-05 09:22 | Report Abuse

9.5x trailing PE

Stock

2022-12-05 09:22 | Report Abuse

troy88, still not fair value yet

Stock

2022-12-05 09:16 | Report Abuse

O&G stocks will outperform 2023. Fund rebalancing on-going.

Stock

2022-12-05 09:12 | Report Abuse

Stocks swinging 10% every month is normal. Why worry @cheeseburger?

Stock

2022-12-05 09:08 | Report Abuse

Covered my losses with Karex. So I am still fine. But I am still not happy with the company's latest quarterly results. Quite disappointing. Management guided lower in 1Q 2023

Stock

2022-12-05 09:07 | Report Abuse

@cheeseburger impossible to make the right call every quarter.

Stock

2022-12-05 09:03 | Report Abuse

SEM has reached the short term bottom

Stock
Stock

2022-12-03 10:43 | Report Abuse

bulldog I am buying Berjaya

Stock

2022-12-03 10:22 | Report Abuse

Definitely an exciting growth company amid high interest rate environment

Stock

2022-12-03 10:22 | Report Abuse

Jentayu just had a new Vice President according to LinkedIn.

Stock

2022-12-02 19:13 | Report Abuse

Forward P/E I am too lazy to calculate. haha Happy weekend

Stock

2022-12-02 19:13 | Report Abuse

Coastal Contract fair value is at trailing P/E 9.50x Good luck

Stock

2022-12-02 12:50 | Report Abuse

O&G Strategy Q1 2023

1. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play)
2. Small cap penny stock gamble (Velesto Energy, Bumi Armada, RL [Reservoir Link])
Added Bumi Armada and removed Hengyuan because now no longer able to IDSS/RSS Hengyuan except corporate trading account.

Stock

2022-12-02 12:49 | Report Abuse

O&G Strategy Q1 2023

1. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play)
2. Small cap penny stock gamble (Velesto Energy, Bumi Armada, RL [Reservoir Link])
Added Bumi Armada and removed Hengyuan because now no longer able to IDSS/RSS Hengyuan except corporate trading account.

Stock

2022-12-02 10:13 | Report Abuse

Weak holders panic-selling. Decent forward P/E. No-brainer, why sell?

Stock

2022-12-02 09:54 | Report Abuse

1 month ago, I was trading Harnlen then I saw a lot of unusual volume on L2 exchange. Tons of share blocks (in 10k) exchanged hands at market open for KSSC. Not much accumulation for KSSC-WA. Heavy block trades on every Friday up until last week. I don't have insider news for any stocks but this is how I found KSSC. Good luck

Stock

2022-12-02 09:43 | Report Abuse

If you bought below RM0.75, then good job.

Stock

2022-12-02 09:43 | Report Abuse

Insiders already profited more than 100%. Classic example of insider trading. I mentioned about this stock 1 month ago. Heavy accumulation. If you buy now, you won't make a lot trust me.

Stock

2022-12-02 09:27 | Report Abuse

yessir now it's too late to buy

Stock

2022-11-30 16:16 | Report Abuse

Karex to 1 billion market cap

Stock

2022-11-30 10:28 | Report Abuse

O&G Strategy Q1 2023
1. Short Hengyuan as mentioned two months ago
2. Long Hibiscus (O&G pure play) as well as Coastal Contract (O&G-adjacent play)
3. Small cap penny stock gamble (Velesto energy and RL [Reservoir Link])