I wanna change my TP again

TP USD1.88!

I will only buy more at around 1.90+/-. Current price yield not attractive enough

Oh found back what wallstreetrookie said. Ya they needed gomen bailout lol but who cares, we are not into politics, morality or charity, we are here to make money hehehe

@wallstreetrookie got meh? What u said?

Whole day red but 4:50PM go up so much, someone playing ah? :P

https://www.malaysiakini.com/news/555641

Penang ferry service to sail on - finance minister

"The iconic Penang ferry service will remain, said Finance Minister Tengku Zafrul Abdul Aziz.

He said the federal government had approved an allocation of RM30 million to the Penang Port to take over the ferry service."

Penang Port = MMC hehehe

Huge number of lots at 0.895 at 4:50PM, I also picked up some hehehe

@yingzhe17 which building?

And where u read about it?

Good, don't go back below 90 sen liao, let's hope test RM1.00 soon

@bhtay23 u think u can get the timing right all the time meh

@Mabel long time no see

Yeah I profited a lot from Ta Ann during last cycle

And luckily I sold out just before that bear

@Dakewlest congrats your 1.80 is not too far away

At least my TP din bring ppl go Holland XD

@choysun how about me? I give ridiculous TPs wo...what am I? :P

Witchdoctor? XD

where is shareinvestor88?

@Bold_Investor thanks!

Have to thank TA, they are the ones whose analysis brought me to buy into Johotin :D

Yeah it should go back to above 3.60++!

@yingzhe17 when you buy a REIT it's like buying a property to earn rental income

Do you buy an apartment to rent out and then ask the agent how much it's worth every month? No. You buy and then you keep for YEARS.

REITs are not for capital gains.

Yeah with that kinda spread only suitable if you gonna buy and hold for long time.

@limyuwei what u mean is Pref. shares less liquidity is it? Hence it will be hard to liquidate your holdings.

Large gap between buyer's bid vs seller's offer

Am I right?

Wah what happened Genting U-turn upwards lol

If buy to hold now is a good opportunity to accumulate, net yield 4.9%.

But limited growth. Office oversupply at KL City Centre esp when that Razak apanama building completed. Remember, KLCCProp is not 100% retail, it's quite office-heavy.

Topped up, TAANN is now biggest holding of my portfolio.

Personal TP 3.70

LPI General Insurance strong only

Allianz both also strong

@DestinyL I'm jealous of your ability to "show support" lol

I stopped collecting since September no balls to ride up hahaha

My style is buy low and wait

KYY every day also promote gloves...

Here's a template of reasons when someone promote, upgrade a stock you not yet own/own enough:
1. [The person/company] just want to push the price to let him cash out.
2. [The person/company] is greedy.
3. [The person/company] has bad motive

There you go!

Main main burn some gloves first...

Page 4 of:
https://ceomorningbrief.theedgemalaysia.com/pdf/2020/20201215_CMB_0101/i9y2sq.pdf

Infection outbreaks aside, JP Morgan over the weekend had recommenced coverage of Top Glove, and initiated coverage of Hartalega and Kossan, setting fair values way below the prevailing share prices of glovemakers.

It set a fair value of RM3.50 for Top Glove (with an underweight rating),
RM8.50 for Hartalega and RM3.80 for Kossan, with its analysts expecting glove prices to weaken in the second half of 2021.

JP Morgan analysts Jeffrey Ng and YY Cheah noted that the glove sector has become crowded, “implying significant downside momentum”.

“Near-term concerns on rising costs, plus long-term overcapacity risk, spell downside risks. Once Malaysia lifts the short selling ban, downward pressure could be amplified,” they wrote.

who pulled down the index at noon trading? hmm...

luckily Genting still green

@limyuwei thanks for that info/link

@Snowpiercer

https://www.investopedia.com/terms/p/preference-shares.asp
https://www.investopedia.com/terms/p/preference-shares.asp

Preference shareholders have no voting rights.

They are like a hybrid of equity and bond.

Bondholder get a fixed % of interest payment every year
Preference shareholder get variable amount of dividend per year

@DestinyL now I upgrade wo

Upgrade also nak bising. Susah la you ni

I hereby upgrade my TP from 1.00 to 1.50

GBP1.00 to USD1.50

@fachoi :P

@sakurako best example/case study is these 2 counters I'm holding

MMC vs AxisREIT

I know they are not same sectors, but good to illustrate the principle here.

Return on Equity (this number is independent of share price)
MMC: 2.82%
AXREIT: 10.30%

Earnings Yield (this is calculated by reference to share price)
MMC: 9.70%
AXREIT: 7.41%

At CURRENT PRICE, MMC yields better earnings than AXREIT.
But, AXREIT the more efficiently managed company.

:)

@sakurako then u have to know the difference between a good company vs a good investment lo

A good company u can keep forever, riding thru ups and downs with it like a loyal shareholder, because over time, u will almost never lose money on it

A good investment on an average company, u need to learn when to sell to take profit and move elsewhere

There is a difference

@DestinyL I think as long as annual dividend yield beats 1-year FD rate, can keep

With NPG driving their Life business growth, they can easily grow

NPG damn aggressive

Congrats to those who picked up cheap 4:50PM last Friday.

@wallstreetrookie

A good investment may not be a good company
A good company may not be a good investment

It's all about valuation.

E.g. MMC vs PPB, who is better? Management-wise, my vote is for PPB anytime. But for investment currently, of course MMC.

Those soh-lou and blind traders that cannot differentiate between the 2 principles.

@Kon Lim Chai my personal TP is RM17

@fachoi +100 fact

@jackey ridiculous TP of Genting is...







...ask shareinvestor88 :P

As soon as everyone knows the death rate of the virus and that it can be avoided by practising personal hygiene, recovery of Genting is a matter of fact la

@Sharefisher when I start buying at 3.70 and then 3.10...everyone say I'm so-high hehehehehe

Please don't spread panic here with ridiculous TPs.

TP GBP1.00 is very possible.

Lol ok boomer

Your wife gave u green hat or your ED liao? So damn emo wahahahaha

@DLLKT +100

Sharing ideas and not name-calling

Thumbs up for u

All those so-called stock market "sifus" - take their words with a grain of salt.

If they are so good they will max their credit cards, refinance their home and borrow from Ah Long to huat on stock market.

Why would they even post on blog or a video to "enlighten" us?

Charity? Nahhh

Eh I though Preference Shares work just like bond i.e. the dividend rate is fixed? How could the parent ask them to declare more? If declare more also should be for ordinary shares. Correct me if I'm wrong thanks

@Zuliana I laki la XD