Posted by CharlesT > 2022-01-20 07:11 | Report Abuse

Tech or glove doesnt matter

The fact is all bubble will burst

Posted by CharlesT > 2022-01-20 08:13 | Report Abuse

I quoted the example of oil n gas b4.

Our oil n gas co used to trade at higher PE (10+ to 20+) for years as compare to its peers in other countries which are usually below PE 10 due to their cyclical nature of biz. So when it went burst few years ago (2017 or 2018) they dropped very much badly than others.

Now our Tech Co are relatively more expensive than others...some r even higher than TSMC...thanks to the ghost (or growth) story sold by IBs...

What will happen when tech bubble burst (ops its ing now)?

Lets c...

Posted by CharlesT > 2022-01-20 08:16 | Report Abuse

Ya ya MPI is very good cash flow is very beautiful HL Quek is very solid

But when the music stops....

For recap (hari ini dalam Sejarah), MPI was ard RM70 to RM80 while Unisem was ard RM40 during Y2K party (year 2000).

The rest is history.

Posted by CharlesT > 2022-01-20 08:19 | Report Abuse

Anyway Unisem went thru several bonus n right issues over the last 20 years+ while MPI nope.

Posted by CharlesT > 2022-01-20 08:34 | Report Abuse

Btw I cant remember if any Analysts gave TP of RM100 or RM200 to MPI in 2000 then....lol

Posted by Metaverse222 > 2022-01-20 08:43 | Report Abuse

I think market very pessimistic now, I think need to patience to wait the market clearance 1st


""Nasdaq falls 1% Wednesday to close in correction territory, off 10% from its November record""


https://www.cnbc.com/2022/01/18/stock-market-futures-open-to-close-news.html

Posted by monetary > 2022-01-20 15:14 | Report Abuse

Woi! U guys blind or wat? Nasdaq future still red.

Posted by monetary > 2022-01-20 15:19 | Report Abuse

This is malaysia investors. sell fast. buy also fast.

Posted by apple168 > 2022-01-20 16:12 | Report Abuse

Buy good penny share has better yield than this huge mammoth…

Posted by apple168 > 2022-01-21 06:34 | Report Abuse

Nasdaq dropped 186 points overnight! Good Luck.

Posted by David Coperfield > 2022-01-21 08:30 | Report Abuse

While DJI continued its losses last night, NASDAQ seems to have found a support region on the 14700 point area, I believe our local Tech scene to have a good chance of continuing rebound today. Let see the market reaction.

Posted by monetary > 2022-01-21 11:25 | Report Abuse

Mr Pang. Your 37 is here.

Posted by Marigold123 > 2022-01-21 12:15 | Report Abuse

good show

Posted by treasurehunt > 2022-01-21 12:47 | Report Abuse

Trend is your friend or enemy? Your choice!

Posted by bearcomebullgone > 2022-01-21 13:59 | Report Abuse

david confield kena con

Posted by The_JQuestion > 2022-01-21 14:43 | Report Abuse

wow back to my original buy in .... sold at 1$ gain... looks like time to collect again

Posted by Keyman188 > 2022-01-21 16:13 | Report Abuse

Amboi...so long didn't come back Bursa market liao...

After Keyman188 check the tech index...already break below 80 pt liao...

Next level shall be visited @ 75 pt...

If break very high possibility next visit at range 61 ~ 65 pt...


wkwkwk...kekeke...hehehe...

Posted by rizerlee > 2022-01-21 17:46 | Report Abuse

Gone

Posted by ahbah > 2022-01-21 17:56 | Report Abuse

TECH rally ... oredi game over ?

Posted by monetary > 2022-01-21 18:18 | Report Abuse

if 37 support broken all hell break loose. I believe 37 will hold

Posted by mf > 2022-01-22 03:54 | Report Abuse

European markets close sharply lower; Stoxx 600 down 1.9%; DAX falls 2%

Posted by Arrogant83 > 2022-01-22 13:16 | Report Abuse

Nasdaq tumbles 2% Friday, notches worst week since 2020 and falls deeper into correction territory


DJIA 34,265.37
-450.02 (-1.30%)

S&P 500 4,397.94
-84.79 (-1.89%)

NASDAQ 13,768.92
-385.10 (-2.72%)

RUSS 2K* 1,987.92
-36.12 (-1.78%)

VIX28.85
+3.26 (+12.74%)


## DJIA = -7%++ from peak

## S&P500 = -8%++ from peak

## Nasdaq = -15%++ from peak



Cryptocurrencies tumble, with bitcoin falling 15% and ether down 20%

BITCOIN 36,576.25
-6,108.52 (-14.31%)

ETHEREUM 2,612.03
-582.11 (-18.22%)


## BITCOIN = -48%++

Posted by Arrogant83 > 2022-01-22 13:16 | Report Abuse

bitcoin now is correlation with nasdaq movement

Posted by CharlesT > 2022-01-22 13:23 | Report Abuse

All bubble will go burst when money supply is being cut

The bigger the bubble......

Posted by monetary > 2022-01-22 15:16 | Report Abuse

every1 tot it burst in March 2020. wat happened after tat?

Posted by monetary > 2022-01-22 15:28 | Report Abuse

2020 was crash. all dropped 50 60%. This is correction. Should be 30%.

Posted by amet2017 > 2022-01-22 16:03 | Report Abuse

The bigger the correction the better. Otherwise how to buy low and sell high?

Posted by Legend > 2022-01-22 16:08 | Report Abuse

Amazon stock just had its worst week since 2018

Posted by apple168 > 2022-01-22 16:29 | Report Abuse

Be prepared for tech blood bath next Monday!
没有最低，只有更低！

Posted by bang_miskin > 2022-01-22 16:36 | Report Abuse

If it reaches around RM20, bang_miskin will funnel some moni into MPI.

Posted by monetary > 2022-01-22 16:43 | Report Abuse

still remember apple comments when inari dropped to $1. apple so delicious. yammy

Posted by Tobby > 2022-01-22 16:51 | Report Abuse

I bought MPI when it was only RM11 few years ago! But sold after making few buck! Tech stocks is undergoing major correction following Nasdaq development! Unfortunately this will be quite a long haul!
The new themes are oil and steel! Just sharing!

Posted by CharlesT > 2022-01-22 17:22 | Report Abuse

Unlimited QE saves the stock mkt fm Mac 2020

Now is the opposite

Posted by CharlesT > 2022-01-22 17:22 | Report Abuse

As simple as that.....

Posted by CharlesT > 2022-01-22 17:25 | Report Abuse

Correction 30% only??

Lets c when Nasdaq corrects further....now only 10%+ ytd...plenty to go

Posted by monetary > 2022-01-22 17:27 | Report Abuse

I keep wat I have or buy more none of your business.

Posted by CharlesT > 2022-01-22 17:28 | Report Abuse

Who gives a fxxk?

I post what i wanna post...lol

Posted by CharlesT > 2022-01-22 17:29 | Report Abuse

Whem i c silly comments i will whack

Posted by monetary > 2022-01-22 17:30 | Report Abuse

same here.

Posted by monetary > 2022-01-22 17:32 | Report Abuse

buy more Dnex. from 75c to $1 now only start horse back cannon. lol! don't get trapped. G luck

Posted by CharlesT > 2022-01-22 17:35 | Report Abuse

If mpi so good u love it so much should be happy to buy lower n lower lah why so worry???

I hope Dnex can drop 50% lower fm now...

Come to wish so in Dnex loh i will thank you...

Lol

Posted by monetary > 2022-01-22 17:38 | Report Abuse

I didn't buy any. I just keep my old stock. At least for next 2 yrs.

Posted by CharlesT > 2022-01-22 17:39 | Report Abuse

So relax lah why so worry...drops lower buy more loh MPI so good mah

Posted by CharlesT > 2022-01-22 17:40 | Report Abuse

I talk cock here cant make MPI price to drop...

Mkt will decide....

Posted by CharlesT > 2022-01-22 17:41 | Report Abuse

Dont get things personal

Posted by CharlesT > 2022-01-22 17:42 | Report Abuse

Same thing in Dnex...mkt will decide...not my sweet talks...

Posted by CharlesT > 2022-01-22 17:49 | Report Abuse

Personally i hope it can drop back to rm0.20+...

Posted by value_seeker > 2022-01-22 18:05 | Report Abuse

We will go through major drop in Technology stock. The drop is significant and will be for a few weeks at least. Technology stock is very good but buy and follow trend. MPI might drop below 30. Even at 28 you need to buy when the price settle and not dropping. Buy at your own fair value at least you win loss is according to your own decision.

Posted by apple168 > 2022-01-23 07:27 | Report Abuse

Please take profit when the price is still good…

Posted by monetary > 2022-01-24 09:53 | Report Abuse

i like apple. sweet n juicy