BURSA MALAYSIA BHD

KLSE (MYR): BURSA (1818)

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Last Price

8.80

Today's Change

-0.01 (0.11%)

Day's Change

8.73 - 8.87

Trading Volume

699,100


10 people like this.

5,402 comment(s). Last comment by turbochart 16 hours ago

Jenny Loh

25 posts

Posted by Jenny Loh > 2020-12-07 16:15 | Report Abuse

walau, they buy this counter too

WenJun

542 posts

Posted by WenJun > 2020-12-07 16:22 | Report Abuse

Haha, really? What is their TP?

ernest60

252 posts

Posted by ernest60 > 2020-12-07 16:32 | Report Abuse

who are they? IB? even me was planning to ask ppl masuk Bursa at 8.3, with potential of div of 24sen per share, then at least will get 2% of div by end of Jan or Feb..then just hold since it is a cash cow or just sold it after pass div ex date

WenJun

542 posts

Posted by WenJun > 2020-12-07 16:49 | Report Abuse

9000 lots queued to buy at 8.70.... Get ready for a huge gap up tomorrow

WenJun

542 posts

Posted by WenJun > 2020-12-07 16:57 | Report Abuse

@ernest60 C33 now up 125%, congraz to those who are able to pick it up cheaply

Posted by whitegiant126 > 2020-12-07 17:20 | Report Abuse

Warrant expiring next two weeks , take profit while u can , and come back during warrant expiring period.

ernest60

252 posts

Posted by ernest60 > 2020-12-07 20:41 | Report Abuse

Haha yup....I think I will just keep my remaining c33 till expiration if the momentum is coming, hehe...

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-07 21:15 | Report Abuse

will IB supress c33 in one day? i wish they don't do that

Haha yup....I think I will just keep my remaining c33 till expiration if the momentum is coming, hehe...

Posted by whitegiant126 > 2020-12-07 22:19 | Report Abuse

Sometimes we should think like the IB ,let say we push the mother share up,then take profit from it to pay for the losses in call warrant , how about that ? I notice low volume below 8.5,and today local and foreign fund is net sell ,gentlemen.

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-08 14:45 | Report Abuse

up up up

Posted by HuatBanana > 2020-12-08 14:58 | Report Abuse

Sharks accumulating? Been observing the flat price movement today

WenJun

542 posts

Posted by WenJun > 2020-12-08 14:59 | Report Abuse

Seems like the US market is long overdue for a correction and too many indicators are flashing red light... Maybe it is time to consider shorting the SPX

Posted by lionel messi > 2020-12-08 16:30 | Report Abuse

fantastic 4th qtr results and big div coming next mth. may even have special div as govt need money and Bursa making a lot of cash everyday with high vol. monopoly business and majority owned by govt.

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-09 09:51 | Report Abuse

Dropping somemore..

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-12-09 11:56 | Report Abuse

2607 gov servants arrested over past 5 years on corruption matters. Very impressive low amount. Believe corruption indext will be further strengthen so as bursa index.
Est end 2021 1800 unless US crashes again.

Mustovoi

364 posts

Posted by Mustovoi > 2020-12-09 13:10 | Report Abuse

Engine warm up

Mustovoi

364 posts

Posted by Mustovoi > 2020-12-09 13:11 | Report Abuse

Once turbo on rm9 easy

sakurako

215 posts

Posted by sakurako > 2020-12-09 13:47 | Report Abuse

switch on turbo please

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-10 09:16 | Report Abuse

Come on

WenJun

542 posts

Posted by WenJun > 2020-12-10 13:51 | Report Abuse

Bursa is in an ascending channel, broke through and back-tested downtrend resistance and moving upwards now.

Technical chart as of 12:30PM: https://imgur.com/MKi8Qhv

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-10 15:47 | Report Abuse

aiyo, drop..

sakurako

215 posts

Posted by sakurako > 2020-12-10 21:45 | Report Abuse

the trading value amount in RM is average RM5m/day. If considering Dec is 21 working days, it will break record of RM100m

ernest60

252 posts

Posted by ernest60 > 2020-12-11 09:22 | Report Abuse

@wenjun, the red colour of the volume is smart money right? so now as long as the smart money go in, i think sure will break rm9, however C33 expiring by end of Dec, so let see how..haha...i just wish IB to buy in to have a good window dressing for their portfolio and get good div on next Feb21..btw, i am gambling on my leftover C33,hahaha...really high risk but i already be prepared to lost all...haha

ernest60

252 posts

Posted by ernest60 > 2020-12-11 09:49 | Report Abuse

so weird, up to now C33 no trading at all...so all people also holding like me? lol

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-11 10:08 | Report Abuse

me also holding c33

WenJun

542 posts

Posted by WenJun > 2020-12-11 10:46 | Report Abuse

@ernest90 yeah, but the indicator on tradingview is not the same one with homily chart, to take it with a grain of salt

WenJun

542 posts

Posted by WenJun > 2020-12-11 11:00 | Report Abuse

Looks like Bursa is going to challenge RM9 today :)

WenJun

542 posts

Posted by WenJun > 2020-12-11 12:52 | Report Abuse

If bursa can brake MA100 @ RM8.95 and psychological resistance @ RM9, then the current up trend will be solidified

lhh99s

97 posts

Posted by lhh99s > 2020-12-11 14:24 | Report Abuse

cimb warrant risk is higher compared to others you could lose more and also win more for those who holding c33

WenJun

542 posts

Posted by WenJun > 2020-12-11 15:48 | Report Abuse

As always, buy around support and sell around resistance cannot guarantee you to buy at lowest and sell at highest, but it can give you some good buy and sell points. Amazing week so far :)

princehero

564 posts

Posted by princehero > 2020-12-11 16:02 | Report Abuse

Stupid bursa.. plunge again

sakurako

215 posts

Posted by sakurako > 2020-12-11 16:29 | Report Abuse

plunge so can buy more ><

MYinvestor

231 posts

Posted by MYinvestor > 2020-12-11 16:29 | Report Abuse

walao eh bursa, why dropping..

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-12-12 15:18 | Report Abuse

Civil servants duty bound to report corruption, wrongdoings.... lol. Is easy to talk like analysts TP.

Market up too fast, may need to adjust next year 1800 target to an earlier date.

ahbah

6,238 posts

Posted by ahbah > 2020-12-13 17:30 | Report Abuse

add

ernest60

252 posts

Posted by ernest60 > 2020-12-14 09:16 | Report Abuse

macam unusual that Bursa start active when market open? haha

sakurako

215 posts

Posted by sakurako > 2020-12-14 10:28 | Report Abuse

based on up 2 date trading amount (RM)... chances Bursa will break RM100,000M

sakurako

215 posts

Posted by sakurako > 2020-12-14 10:29 | Report Abuse

people rush buy glove we untung, people rush sell glove we also untung, this is good business

WenJun

542 posts

Posted by WenJun > 2020-12-14 12:23 | Report Abuse

Very bullish move, the primary task is to stay above 9.00, 9.20 is the next target :D

ernest60

252 posts

Posted by ernest60 > 2020-12-14 12:35 | Report Abuse

Finally C33 come back, seem like a bit optimistic on my gamble :)

WenJun

542 posts

Posted by WenJun > 2020-12-14 13:31 | Report Abuse

Mahathir and Ku Li is going to host a join press conference later in the afternoon, new political turmoil?

WenJun

542 posts

Posted by WenJun > 2020-12-14 17:05 | Report Abuse

30,000 lots queue to buy @ 8.80, looks like someone is defending bursa

WenJun

542 posts

Posted by WenJun > 2020-12-14 18:13 | Report Abuse

Strange, EPF hasn’t sell any shares even when bursa shoot up a week ago, this means that EPF knows something that we may or may not know

sosfinance

1,305 posts

Posted by sosfinance > 2020-12-14 21:51 | Report Abuse

Q4 results will be very close to Q3, plus minus 5%. Based on total value traded from 1-14Dec, it is about RM67b or about RM6.6b per day. Oct and Nov is about RM102b per month. Q4 value traded will be around RM340b, quite close to Q3 of RM357b. Based on estimated profit, FYE20 can reach close to RM390m profit at average PE of 25x, market cap it about RM9.7b. At the moment market cap is about RM7.1b. There is about 36% upside with a TP of RM12.00 per share.

beginner

1,285 posts

Posted by beginner > 2020-12-15 17:05 | Report Abuse

all buckle up, we gonna to fly soon

ATARAH

4,026 posts

Posted by ATARAH > 2020-12-15 17:11 | Report Abuse

Yes

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-12-16 07:55 | Report Abuse

Depend less on FDI to develop a competitive edge.... Luckily have young ambitious leader, lol.

1800 is approaching at a faster space unless US crashes.

ernest60

252 posts

Posted by ernest60 > 2020-12-16 08:55 | Report Abuse

@beginner and ATARAH, finger cross but i will not have too much optimistic and just see how market react and if they think Bursa can have more growth, then sure will up...but bear in mind that if reach your TP , just take profit, because i missed the chance and stucked until now..

ATARAH

4,026 posts

Posted by ATARAH > 2020-12-16 10:49 | Report Abuse

Ok

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-12-16 11:57 | Report Abuse

"Kesihan" all the hawkers nearby as authority take enforcement over the last few days till today, during the difficult time, many just close the business avoiding trouble. Big drainage holes project near market and surrounding areas left abandoned round up to 10 years. World of no corruption. Lol.

Anyway, est market remains bullish toward 1800.

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