If scenario changes like tariff revision(iffy) or RusVUkr ends leading to lower input costs then rising tides lift all boats. Well after 4 long years down trend with no strong buy signal does raise investor appetite. For traders/investor strat differs. Have been on holding pattern for almost past 3 weeks with low point mark at 7.89 pivot point. Just place a GTC stop away from pivot slightly and not lose sleep - in case pivot violation. Folks giving price tgt based on FA/TA OMG - the fact of the matter is without the MyGov ICPT put, u will not even see this price on your screen now.

Look like plunge protection team is still alive, thought they r asleep at the wheels just going let it slide. But this is still no man’s land for bilis or the faint heart like my bank harimau at least no meddling from big brother, 1 surat and your interest bill goes up.

Hypothetically - What if I am institution fund I sell a million share in the morning and price came down, and I repurchase the same million back by EOD, do they fill up a regulatory disclosure as shareholdings is unchanged? Anyone, pls.

Applied for 2nd extension to completion - LLM @ Dec 23, 2022. Completion progress 92.47%, price action is anemic.
https://www.marc.com.my/index.php/marc-rating-announcements/1701-marc-ratings-affirms-aa-is-rating-on-duke-3-s-rm3-64-billion-sukuk-20220525

So who has been selling? Foreign Shareholdings have been stagnant & stable for last six months @ 12.0%, Top 5 shareholders holds approx 60.0% and others like ASB,LTAT,etc perhaps another 5-10%. Remaining which is us holding less than 20.0% between 1 to 10 lots sizes but totalling 91.0% of total number of shareholders. (data from Annual Report). Tenaga have been bearish since 2021 - only time warrant a look is Mar & Sept 2021 - price action manage to get above 200 days MA. But heck most brokerage is calling buy TP RM11 to RM12.50. So who has been selling - most likely not us small fry which also happens to outnumber in numbers of shareholders. The price action will tell you when its ready else it just grinding one way but profitable. IMHO

https://www2.deloitte.com/content/dam/Deloitte/my/Documents/tax/my-tax-espresso-(Special%20Edition)-highlights-of-budget-2022-Part-II.pdf

this is our Finance Bill 2021. hope that helps u aliyusof.

https://www.malaymail.com/news/malaysia/2021/11/16/irb-announces-special-income-remittance-programme-for-malaysian-residents/2021425

Some folks here have done well with the sale of the decade in 2020. This is the first meaningful consolidation mark down since we last traded 5.53. This is part and parcel of fear manifestation to clear the stale bulls to clear the overhead resistant. This Season 2, Season 1 was from Mar 23 to Apr 1. For those strong minded your special div from G could be good to put to good use. Happy Trading

Perseverance. Well done all :)

during the asian financial crisis 1998, the only game in town was CPO (high 2500) and plantation stocks and klci (low 262 pts), everything from banking,manufacturing,retail,gaming etc was in the longkang except plantation sector reaching all time high and they were rewarded with a windfall tax too. In 2020, the role has been reversed most sector in the tube except Glove & Tech. There is a reversal at some point just have to dig in.

is not fun, it’s not that st 30 sen that u should be concerned about but do u recognized a reversal when u see one? So what u been scaring ppl about kicked out may just be the solution to boot out all weak holders cause I’m waiting. Folks who invested during crisis afc,911,Lehman have so far been rewarded. Put it this way without covid G will not be priced here vice versa Gloves.

Perhaps getting booted from klci is precisely the catalyst that is needed to boot out the weak holders, we can only get a selling climax when there is nobody left to sell only. Example, SATS (SGX:S58) got booted out STI index in May'20 - Price Action down to S$2.70 now trading S$3.07.

yes im still clicking away at this unearthly hours trading pips. People speak of vaccine, im thinking why AZN,GSK.Sanofi,Moderna doesn't go for the cure rather producing a vaccine draw your own conclusion. Blast to the past SARS/H1N1 folks where frighten markets took a turn but look where we are today. This is because there is a cure TAMIFLU, if you got H1N1 u take it and you are gtg - now they go for vaccine and having to vaccinate every citizen. This is me thinking out loud, rather then screaming this strategy better, that stock better. I wish some sifu/master chartist would turn up in this forum would share with us when it is safe to go all in and make all of us wiser. Im here hedging my bets as one is in the sky and one is down on earth.

I mostly trade FCPO & Forex, yes this products when u r wrong u BETTER cut lost even if u feel the pain. As for equities, u pick a stock with catalyst/fundamental and when it breaks out u go with the flow leaving it in your portfolio and hopefully collecting dividend along the way. I have glove stocks which i cashed out 50.0% to go into G, funnily G is the inverse chart pattern of gloves stocks. I have program buying of G all the way down to RM2.00. And no I don't buy when its breaking down from a peak like RM8 and RM7, better u wait for a major event SARS/H1N1/Lehmans/COVID to build ur portfolio/house. I have bought G in Mar and sold, now building again. IM not saying this to make myself feel better nor am I promoting G or Glove stocks. Maybe some sifu/master chartist out there can share with us when this G selling climax will turn up. Personally im waiting for it to break the Mar low of RM2.91 to see the price action.

Some folks love to promote gloves stocks here.TOPG Gross Profit 2017 (RM600m),2018(RM842m), 2019 (RM884m),2020 (RM2.39B). Question is do you like PE 47 times, P/BV 14 times, this can continue as long as GP continues to grow exponentially. Having said that, Gloves stocks are really like FCPO really active or crowded with institution/traders even on 1 minute chart. Unlike my favorite G put it on 1 minute really feels like going to sleep goes no where, only occasionally when dow jones plunges like today get to screen early to see if there is opportunity. Put stupid prices to buy "catch dead chicken".

Indeed chart wise G been downtrend since Oct'17 from RM9.50. We pick a sweet spot to do dollar cost averaging, without Covid you will never get a bite @ RM2.99. If it breaks previous Mar low RM2.91, then we might get better pricing when panic sets in. Question is do we buy when a vaccine is confirmed working and the sky is blue. G is a good condition car but treading thru bad weather. Personally, im happy to bite @ RM2.99, if god willing TP2.5,TP2, TP1.50 (better). Using RM1.50 to buy G book value of RM9, anytime.

One man's meat is another poison. Personally I traded dollar cost averaging from the Mar bottom but sold short of the rebound high in Jun. Again started averaging every 10.0% down from 3.80. Back in Jan from breakdown it took 3 mths from RM6 to RM2.91, present break down from June, 4 mths of lower prices not abating soon. ST Trader would know nothing to see here better off somewhere else. For LT so far the only largest sell down block 1 minute was on 16th Oct more than 5M shares was cleared. Chartwise not looking healthy but I always stick to my strategy or some will call it "Value Trap".

LVS(PBV 9.78x), WYNN( PBV 12.82x), MGM(PBV 1.51x), CWN Australia(PBV 1.27x), GENT only price to book of 0.36. Think of it as taking 36 cents to purchase something for a dollar. But this kind of stocks do not trade to full EV value, maybe 70/80% is fair. Funny thing RW Las Vegas fully owned by Genting share the same strip as WYNN Resorts,Encore trades at this value. Also charts of the US & Aust casino stocks have not retraced that close to Mar'20 low but Genting (courtesy of the whales). In the long run, for corporate efficiency its better to ipo RW LVS rather than to maintain as a fully owned subsidiary. As for technical traders short term chart pattern is screaming "get out". Make your own conclusion.

Fair compensation is fine, but expropriation/nationalisation as implied by some - what new sitting government gets down to first order of business by destroying the very thing that we are trying to improve (economy/reputation) is beyond comprehension of stakeholders/bondholders. Valuation is to the eye of the beholder - selling volume for past couple trading days wasn't scary. Need remain calm, else just do the necessary cut loss.
If history is a guide, in 1997 the handover of Hong Kong (democratic) to China (communist) - blue chip share prices then traded to huge discount to book value. Most recently, Brexit most think that its the end of Britain. What needs to be establish is the ëconomic rent, does it stop being capitalised if so then run for the hill-FAST. In Malaysia don't think it is changing to any other than democratic system. Sell down happens for various reasons at times most disconnect from reality ie. margin call. Likewise, been watching YTL's selldown with volume - convincing but - Reality is YTL 2017 report, it derives 73% of it income from overseas and only 18% of it assets are in Malaysia. If Malaysia really does withdraw from total infra spent then the Paradox of Thrift will apply - good luck to us all. Finally, we are really creditors and debtors at the sametime, we derived gd dividends from banks and EPF savings, simultaneously we are also a mortgage slave contributing to EPF's coffer.