Hahaha, whatever “fund” wallstreetrookie is working at, avoid avoid avoid. I still remember his deleted outburst when Calvin warned ppl on MGRC, this rookies response is “I tot we’re friends”. I nearly choked on my drinks
No one in the industry makes money from short term price actions. I wanna see his account blow up soon. Probably uses some cheap brokerage with retail accounts.
Dude cannot even hold stocks for more than 1 financial quarter. If this guy actually has perfect trades, he would've been frontrunned by his broker. Absolutely a con artist
All stocks are going down. I understand that everyone is having bad mood. But don't be too condescending alright? Every fund that I know is recording negative returns this quarter. Unless you are some finance genius, don't lie that you are making money in Q4 2021
Rofl, no one has perfect trades. But I wouldn’t wanna see my “fund manager” chasing pump and dump stocks like a rookie. Certainly an eye opener on Malaysian funds, who are they hiring? Aight my last comment on this matter, ain’t my fund so, ain’t interested either to win any online battles
Special Report: Not a sweet September quarter for corporate earnings
TheEdge Wed, Dec 15, 2021 04:00pm
THE third quarter of 2021 (3Q2021) was undoubtedly tough for corporate earnings, with the imposition of a total lockdown from June 1 that continued in various forms until end-September throughout the country.
However, RHB Research in its 3Q earnings review report considers the latest quarterly results to be broadly in line with expectations considering the consequences of the longer-than-expected Movement Control Order 3.0. Its misses-to-beats ratio improved to 1.1 from 1.4 in the preceding June quarter.
CGS-CIMB Research concurs, stating that the earnings disappointment owing to the lockdown in the Klang Valley was not as bad as feared, with positive earnings surprises coming from the agribusiness and healthcare sectors.
A quick check by The Edge on 269 companies listed on Bursa Malaysia with a market capitalisation of RM500 million and above shows that less than half or 129 of these companies recorded improved earnings in 3Q2021, while 140 reported a decline in earnings.
Improvements in earnings were mainly seen in commodity-dependent sectors, with higher crude palm oil (CPO) prices boosting the performance of plantation companies, and higher steel and aluminium prices helping companies dependent on those commodities. In contrast, the prolonged lockdown took its toll on some businesses, such as those in the retail and automotive sectors, forcing them to shut down during the period.
We look at how some of these companies performed in the past quarter.
MID-CAP COMPANIES (MARKET CAPITALISATION OF RM500 MILLION TO UNDER RM1 BILLION)
...Malaysian Bulk Carriers Bhd (Maybulk) turned in a net profit of RM113.58 million in 3QFY2021 compared with a net loss of RM5.95 million a year earlier, on the back of a 38% y-o-y increase in revenue to RM58.68 million, thanks to higher charter rates and lower operating expenses from having a smaller fleet...
wallstreetrookie badmouth this stock...called it the BEST SHORT of Bursa when it dropped into the mid-50s last yr...you follow him sure HORLAN already LOL
Panamax index SOARS triple digits 2 days in a row to breach the 3000 mark yet again, matching levels seen in 2010. Going fwd, even 1Q 2022 is gonna be good =)
Worst is Capesize index, DOWN 78.1% from a 10,484 high in October, compared to Panamax, down 30.6% from its peak. Does Maybulk have any capesize vessels? ***Listens for answers*** lol
The Baltic Exchange Dry Index slipped by 7.6% to 1,873 on Thursday, its lowest since early March 2021, extending losses for a fifth straight session, amid weaker seasonal demand across all vessel segments. "The New Year starts with some degree of uncertainty, not only related to the Indonesian coal export ban but also concerning the impacts of the heavy rains in Brazil," shipbroker Fearnleys said. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, plunged 16.7% to 1,746, its biggest daily decline in four weeks; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, fell 4.4% to its lowest since December 22 at 2,452. Among smaller vessels, the supramax index decreased 21 points to its lowest level since April at 1,915. source: Baltic Exchange
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....
risktoreward
990 posts
Posted by risktoreward > 2021-12-10 11:31 | Report Abuse
Hahaha, whatever “fund” wallstreetrookie is working at, avoid avoid avoid. I still remember his deleted outburst when Calvin warned ppl on MGRC, this rookies response is “I tot we’re friends”. I nearly choked on my drinks