Very sure Top Glove and Harta will be booted out from the 30 component stocks of the KLCI list during the next review.
On Wednesday (Oct 19), both Top Glove’s and Hartalega’s market cap rankings were below the top 30 stocks, with Top Glove ranking 48th and Hartalega at 43rd place.
If this trend does not change heading into the year-end, Top Glove and Hartalega will be booted out from the 30 component stocks of the KLCI list.
Based on FTSE Russell’s rules, a stock would be removed from the KLCI if its market cap ranking drops to 36th place or lower, while one will make it to the list if its ranking rises to 25th or above.
Hartalega was added as part of the 30 component stocks of the KLCI in June 2018, while Top Glove followed suit six months later in December 2018.
Anyway coming QR Harta last chance to show sterling result in order to main the Klci stock. Still belum decide yet leh. Mana tau can make acct nice nice then Limit Up leh. 6bil x 30% in one day leh. Possible kah. Dunno lah. Haiyoh. Correct?
Taikor weakness is too big in size. Need high sales turnover to be profitable. Must at least get 1.5bil rev per qtr. Taikor product mixture the most one. Not all with same ASP leh. If still less than that revenue a bit hard also leh. Last QR less than 1bil revenue ended up operating loss already leh. Haiyoh. Correct?
Why want to buy a loss making TG when HRC Q3 is sure to nake very good profit based on Jul,Aug and Sept22 diesel,gasoline and jetfuel crack spread?
Moveover based of marked to market on 31/6/22, Q2 billion in unrealsed derivatives losses and this time round Q3 marked to market on 30/9/22 the magas refining margin swap contracts were sure to become many millions in unrealised derivatives gain.
Chapter 8 (Bonus Chapter): The Winning Formula of Ooi Teik Bee
8.1 Introduction The name of Ooi Teik Bee may be new to some of you; he has actually established his reputation in Malaysia stock market through the Yearly Stock Pick Competition, organized by i3investor.com, and for topping the table a few years. In addition, he has been working as a remisier for more than 25 years, and has survived several devastating financial crises, and has helped his clients make lots of money in Malaysia stock market. Over the past seven years Ooi’s personal investments have generated about 2,087% profit for his portfolio. The returns on investment (ROI) of his portfolio over the past seven years were mostly above 20%, except 2018. Below is the table of his portfolio performance. Had anyone followed his stock selections closely, he or she would have made a great fortune out of Ooi’s recommendations.
Apart from providing stock recommendations to his clients, Ooi also helps some of them manage their funds. He had also helped Koon managing some of Koon’s money, about Rm 12 million, in 2016, for a year, and he generated about Rm 10 million (or 83.33%) profit for the account Koon entrusted to him. Some of you may be wondering why Koon let Ooi manage his money whilst he has hit so many home runs and has made so much money in stock investment. The answer is: for insurance purposes. As we have learned earlier that no one is infallible. Koon understands that, just like us, he can make mistakes too. Having Ooi to manage to some of his money is actually of great help to him in minimising loss and maximising gain.
Wow Ada Testimonial from siapa ni. Uncle Koon generated 10mil profit when Sifu OTB managed his acct leh. Not hundred of millions as Sifu OTB said he help Uncle Koon made profit leh. Anymore Testimonial that can show Uncle Koon earned few hundred millions one kah. Haiyoh. Correct?
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....
BobAxelrod
8,255 posts
Posted by BobAxelrod > 2022-10-20 11:14 |
Post removed.Why?