Fcpo on the rise ... rm2800/Ton plus now ... all green ... today Friday syndrome — day traders squaring off their positions . These plays no carry over into the weekend .
This plays into the mercy of the market on Friday syndrome. But a good day to collect for investors .
See the trading volume, then also see the top 30 gainers. Then you will know today's not a good day, basically for most stocks. Let's chill, and enjoy this TGIF, wait for next week~
It has been a productive week. I managed to capitalise on the Gloves sell off to top up Supermax, Top Gloves and Hartalega. All thanks to Putin !
Back to Plantation, the uptrend is still intact and thus could provide a buffer zone within the 38.2% FR level at MYR2,600 early this week. If the aforementioned level is breached, the pullback could turn into a bigger correction with the next support pegged at MYR2,480. Unfortunately that is not the case as today it touches RM 2,700 later this week. So we are facing a R1 Resistance level of RM 2,750
Average cost (ex-mill) for TDM around 1500 which means so long CPO above around 2500, it is a viable business. With Health care Hospitals there is no reasons to lose money..
I sincerely hope the write off is over by now. Perhaps it's time for TDM to consider reversing the impairment that they already did in the previous quarters. This will be a great success story for TDM. Either Way current price has already been factored in..
MALAYSIA ECONOMIC PERFORMANCE IN THE SECOND QUARTER OF 2020
GDP contracted 17.1 per cent in the second quarter of 2020
PUTRAJAYA, 14 August 2020 – The Department of Statistics, Malaysia released the Gross Domestic Product (GDP) for the second quarter of 2020 (Q2 2020), which presents the overall performance of Malaysia’s economy.
Malaysia’s GDP contracted 17.1 per cent from a marginal growth of 0.7 per cent in the first quarter of 2020. The performance for this quarter was the lowest recorded since the fourth quarter of 1998 (-11.2%).
All sectors recorded a negative growth with the EXCEPTION FOR AGRICULTURE SECTOR.
CPO Uptrend intact. This really commendable considering more than 1000 counters are red yesterday due to Malaysia Q2 Economic Weak Performance
Date Settlement Price RM 13 Aug 20 2716 12 Aug 20 2688 11 Aug 20 2643
I'm still holding to my TDM figures 22-55-77..
Wahhhh....It's so refreshing taking milk from France early this morning. Thanks to my Body Shops, I'm still having 38-33-38 figure...
>>EMPHASIS OF MATTER We draw your attention to Note 42 to the financial statements where various significant and material misstatements have been adjusted retrospectively in the 2018 financial statements. These errors have affected the financial position, results and the relevant disclosures of the prior years. Our opinion is not modified with respect to this matter.
Mickey, thank you for helping to push the TDM price to this level with your stale recycled news and data. You have allowed me to keep accumulating at this price range below 0.24. Really appreciated your good effort. My average price is now 0.235 of a few million units. Pls keep posting your stale news, and help push it to 0.20. I be queuing there everyday.
+ToneeFa BeastOfTheEast Mabel es 4 años mayor que Ana Karla, por lo que es comprensible que sus estadísticas vitales sean 4 números más altos. 16/08/2020 11:58 AM
+BeastOfTheEast ana karla es muy delgada 16/08/2020 12:13 PM
+BeastOfTheEast me gusta un bebé con un poco de carne
porpavor 16/08/2020 12:17 PM
+BeastOfTheEast me gusta una nena como hilde 16/08/2020 12:24 PM
ToneeFa es un hombre inteligente. Siempre adoro al hombre inteligente ...
BeastOfTheEast,
La belleza está en los ojos de los jefes ...
Incluso en este foro podemos ver claramente que Mickey Mouse ama MHC mientras que el resto de nosotros ama TDM.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 144 views | 17 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 398 views | 4 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
VolatileIsMyGold
2,935 posts
Posted by VolatileIsMyGold > 2020-08-14 00:45 | Report Abuse
they won't know basic real world investing logic even when it's shoved in their face