Wow, Amazing ! Dow Jones closed at=> 26,269.89 (+527.24) (+2.05%) ! World economy reopen and now is the start of the world bullish market including Malaysia !
Let's get something clear. Today's stock market doesn't allighn with any country's economy. It looks most likely even if GDP is negative, Stock index can be positive. This can be the new norm.
Vivocom. With 6 Billion shares issued. The company have excess money from how they manipulated Retailers with issuance of bonus issue and Rights issuance for the past 4 years. Now, with Retailers money, they're running the company having a good time Everyone is being paid for years. That's the Truth!
Siva68: still curious about the off-market transaction between the new owner and Golden Oasis.
If it is a business transaction, doesn't really make sense to sell the shares much lower than the price when Golden Oasis became a major shareholder. It only makes sense if there is a trade-off in the deal.
Another angle to look at it, maybe it's just a change of hands from the same group. Likely with regards to the Mines Villa JV. I think this is the most likely scenario since HGDB is under V-Development and the Chia brothers are in both. It's like getting the big brother to be in the ship's helm under the new property arm.
Hence no major price movements will be expected even with the new owner if the transaction is just a matter of changing hands. Also, the Mines Villa JV is a big bet at this time of economy.
Only hope is the QR report getting better with the aluminium segment, else this will be a heavy industry freezer.
Will the Short-Term Economy Recovery Plan announced by PM will helps to VIVOCOM? Especially company just diversify into Property Development earlier this year, and to complete the ongoing Mines Villa JVD projects at Selangor....
Start spreading your investment in different baskets and different portfolio stocks in a smaller quantities. See, Many Retailers in our Stock Market went Bust before they realised that they were borrowing and had 100% confidence that they can beat the Sharks in their game.
The fundamental End Result for YTD performance in your investment should be.... The returns must be at least better than EPF dividend announced! On average is around 5-6%.
The problem with some of our Retailers is to get Rich instantly in the Shortest Time. You will definitely Go Bust before even you realise that you made an investment! (to be correct, played in the stock market, is not called investing what you're doing)
More importantly is the fund that you used in the market. Are those your extra funds? Margin? Or emergency one?
If it is just extra and you have savings and a job, no problem to leave it here and treat them as good as gone in this type of counter especially Vivocon, Siva68 mentioned this before I think.
If it never goes up even after 5 years, then you can be sure many of the bigger holders here lose just as much as you do if not more.
This is a comforting thought for those who have been stuck here for years, at least to me.
If offload for own use is fine, but offload at a big loss to try earn back profit in other counters is surely not a good thing?
From 'real' friends feedback, own trials, hearsay from the older generation (parents etc), investing group, I almost never hear anyone mentioning a 'big' win from cutting loss and jumping into other hoping for a quick recuperation of the losses.
Long term investing, buying low, with some fundamentals as support, and of course luck is some real examples of winning in the market. True from own experience and friends.
US Companies Can Work With Huawei on 5G, Other Standards: Commerce Department The US Commerce Department and other agencies signed off on the rule change, which is awaiting publication in the Federal Register. By Reuters | Updated: 16 June 2020 10:49 IST
No one is following PE as retailers. Who's bothered. Neither does the so called Guru's. We jump with whatever in top 10/20 volume being Retailers want to make a quick buck.
Covid-19, is a wake-up call. Our problem, even with me, We were guided to play in the stock market to make fast money in the shortest time not about how to invest. This is where we're DOOMED! Stop Playing the Stock Market with whatever savings you have. It doesn't work that way.
Now it’s total market capital just worth around 100 to 200 million ringgit only... still far ways to go ! It’s total market capital should now worth at least 5,000 to 10,000 million ringgit after getting more & more big projects and move to Main Board of Bursa !
Huat ah ! Heng ah ! Ong ah !
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Siva68
1,858 posts
Posted by Siva68 > 2020-05-19 16:09 | Report Abuse
For Others.
Please Go Buy since very cheap and got volume.