mayday what la.... quickly sell and buy tomei...... gold counter.... now gold up..... old stock sell with new price in shop....... imagine how great the profit now?
Nepo Somebody pls pull me uppp..cry. If u don't have enough Cash ..then... Cut-Loss. If not u have extra free cash...hold for dividend...but I see maybe just beats ..inflation n depreciation...#6% DY.🤔
US Markets News: Stocks rolled to their best week of the year after a wave of economic data and sinking bond yields helped the big three indexes break out after a brutal October.
The Dow Jones Industrial Average rose about 220 points, or 0.7%, on Friday. The S&P 500 gained 0.9%. The Nasdaq Composite soared 1.4%. All three closed up their best week of 2023.
The 10-year Treasury yield fell 0.289 percentage point to 4.557% this week after soaring north of 5% last month. The 30-year yield fell to 4.75%, marking its largest one-week decline since March 6, 2020, according to Dow Jones Market Data.
“The bond vigilantes are throwing in the towel for now,” writes Andrew Brenner, head of international fixed income at NatAlliance Securities. “The bear market trend in bonds looks over for now, or at least stalled.”
After the Federal Reserve kept interest rates steady on Wednesday, a cooler-than-expected employment report on Friday had traders increasingly betting the central bank is done raising interest rates for the next few meetings. Fed-fund futures now put odds of a March rate cut at 26.8% from 12.9% on Thursday, according to CME FedWatch Tool.
There’s plenty of economic data due between now and then, but markets will relish in the shift in expectations— for now. Liquidity will expand further, if Treasury Yield decline below 4%. #🐂: 60%...🐻: 40% Disclaimer: Trade/Invest At Your Own Risk!
HAPSENG +4.17%. Thanks HAPSENG for making my portfolio to hit new all time high again! Today is the 9th time this month that my portfolio has made new all time highs! What an amazing month!
@pang72, I think when HAPSENG fell from 7 down to 6, to 5, to 4, to nearly 3, market was worried that something has been broken permanently in HAPSENG.
However, with the declaration of 15 sen dividend, this brings YTD dividend to 25 sen, within its range over the past 8 years. 25 sen is within 80% of its long term payout ratio over past 8 years. This means HAPSENG business model has not broken over past 8 years, notwitstanding a lot of fears and traders claiming HAPSENG is dead at RM3.
Its long term historical price is near RM7. There is still a long way to go.
Still, the reason is not important. Price action says it all. My strategy remains unchanged. Never chase. Take partial profits on strength and recycle into stocks that are cheaper. HAPSENG still pays attractive dividends on 25 sen - that's still 5% at current price of RM5. Still pays better than FD, although slightly below EPF now.
For me, as long as I can still find decent, wonderful businesses paying dividend yields higher than 5%, I will sell HAPSENG on strength (since on strength, its dividend yield will dip below 5%), to buy higher dividend yields, if all else are identical / comparable.
Business fundamental still intact it seems...."... Group PBT for the current quarter was RM133.2 million, marginally lower than the immediate preceding quarter of RM134.1 million..."
Group PBT for the current quarter at RM138.5 million was significantly lower than the immediate preceding quarter of RM729.1 million mainly due to the gain arising from the disposal of HCML in the immediate preceding quarter. Excluding gain from disposal of subsidiaries disclosed in Note 5 below, Group PBT for the current quarter was RM133.2 million, marginally lower than the immediate preceding quarter of RM134.1 million.
Hap Seng Consolidated's 4Q 23 Result is expected to beat analyst expectations thanks to recovery in FCPO prices and the revitalization of the property market, boosted by the possible HSR project and upbeat real estate market.
Calvin tan also follow.walstreetrookie also follow,other sifu also follow.look like this counter ong coming. 13/2/24 1.05pm Hapseng 4.71 Magic number 4.64 Tp rm 6 9/1/24 2.20pm
HAPSENG +1.66%, trying to make an upward move. This plus other green is enough to offset the reds, to propel my portfolio to make new all time high again today. Thank-you Mr Market.
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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....
glkhaw
42 posts
Posted by glkhaw > 2023-11-02 08:43 | Report Abuse
Has there any external factor causing a sharp drop in the last two days?