People more incline getting insurance. Recovery should be better going forward. Can start buy bit buy bit. Price is below 200 ma.

Wonder why huge drop. Ill start to buy at 3.7

Steel price way higher than 2020. Inflation is creeping whole world. Wait till Fed starts taper and real inflation story will be unleashed. Cant print all the money in the world and expect prices to stay the same (plus logistic and supply chain issue).

Clearly undervalued at Rm2.7 with good growth prospect. I would hold and ride the privatization wave. Probably add some too now and then.

Comparing this to CCB is different. This is more like the MISC privatization of Petronas. Good prospect company (packaging is to stay I believe). Even before the announcement, RM 2.3 is fine by me for now personally.

https://www.theedgemarkets.com/article/petronas%E2%80%99-failed-takeover-shows-misc-has-higher-value-says-hwangdbs

I personally think Daibochi is worth RM3 at least and the profit is growing. That said, despite the RM2.7 offer, many are lining at Rm2.69 queuing. That for me means there are those who are smart enough to think RM 2.7 is based on price.

I remember Petronas wanted to take MISC private, and after few years MISC gradually climbed up to RM7. All said, we are small investors only. What if the other big players want to sell? Nothing we can do also.

This furthers my question, if I don't sell, as a small investor, what will happen to the share?

No long term play in maxis?

Need to know what globetronics do. Read about AMS, Soraa Laser and Epson Toyocom. The long term prospect is intact. Sapu when cheap bit by bit

Not looking good at the moment. Especially in myanmar.

My average was 7.1 at the time. Sold at 8, 8.5 and some abit more than that. If not mistaken it reached 8.9 which was way more than precovid. The price rose too fast in span of few days. Logically u would think people will not able to pay all the loans like precovid in the same quarter. I am no economist and not certainly not bragging. It just common sense. Hey u lose some u win some. No need to bash people.

Averaging down bit by bit is the play here. Can never know when is bottom. Divide buying into few tranches.

Bottom forming on monthly chart. But still under the same downward trend. Rm9 is still a possibility. Except for its monopoly in Malaysia, earnings had been relatively poor for sometime. Probably had to do with high dividends and tax. Price of electricity is also set by gov. Hence i believe margin is tight.

Coverage wise maxis still better. But probably more expensive than others. In city no brainer since alot of choices. Maxis should revamp their plans.

Myeg should focus more on its core businesses. No need to try distributing vaccine as per pharma company. Should focus on cloud e solutions e payment anything software related since its their experties. Nonetheless 1.5 is a buy. Ill wait.

Im back in this counter. Sold all at during bull nov run as i thought price was way above fundamental. It cannot be more than precovid logically. Now trending downwards again. Looking at 7.8 then probably 7.5. Who knows can go down to 7 again.

Sentiment is poor in near term.

Tenaga is not Serbia. long term play is the game here. They are venturing into RE with possibly better earnings. Energy in Malaysia is regulated hence the profit margin is controlled. can go either way. no explosive earning but safe dividend.

Been using maxis for years. But shareprice doesnt reflect what i paid each month. haha. any news why share declining slowly like old granpa?

long term investor looking into commodity play. Seeking sifu info on few things after reading its reports

1. fundamentally intact. but share price going down for years. any major news?
2. any idea who is main customer of LC? PChem seems not affected at all by covid news. share price maintain.
3. LC not paying much dividend despite ample cash. Why?

Buy when its below 100-200 mva. Safer that way. For now i am waiting at the sideline.

Good company with high margins. But probably too politically influenced share prices.

@alenac i believe management changed somewhat already. Settlement paid. Hopefully ambank can rise with clean slate. Recent PP is oversubscribed by many institutions. They must know past is behind and confident with the new managament. That said 2.8billion is no small amount. Probably not significant point, but epf and sharebuyback slowly done in background at 2.9ish price.

Bottom forming in weekly chart. Will sideways for now until economy open up.

There is little relevance to timing the market, but as my rule of investing, never buy above 100-200 day moving average. As in TNB case, its currently below the averages. Possible going down further, but probably not as much.

If u see monthly chart, price starts to stablise at rm9.8ish. Possibly a bottom forming.

2.8 is good price. Possible merger i guess. Its hard for ambank to rise back to rm 5 like last time with the reputation. Share price had been slowly coming down for few years. And now the write off completed, hopefully a new page.

Good show

@citadel666 well gloves we know ASP falling already, myeg business is mainly virtual and e services. Margin has been steady and increasing for few years. Would love to know more about the company. if anybody here is long term investor. in 2018 understably share dropped due to GE14, but it recovered.

too much debt. probably need a few PP to meet obligations.

Can investors here enlighten me on this counter. Acceptable PE. Good balance sheet. ROE is good. Margin is great. It seems not to catch many investors' eyes. In fact from 2.23 high now heading south. Anything brewing inside? thanks

long term play for sure. good dividend yield, growth in RE and MONOPOLY in electricity Malaysia. The near-term sentiment is poor, but the economy is to be opened later end of the year. until then probably it will sideways rm9.

Actually, if you are an investor now is a good time to collect. If you read a few annual reports from multiple steel companies, management said the price will probably consolidate in the near term before going up. This is because China and India preventing the export of their steel. Another good article is that currently China trade war with Australia causing slowing import of iron ore. However China does not have its own resource, hence this will pick up later due to stock depletion. Australia produces 50% of the world's iron ores.

I believe due to current MCO sentiment is rather poor. But that's when u want to buy. When the market does not want them. Consider this as a hedge from the world's inflation. Govs around the world printing money, inflation is here to stay in foreseeable future. You cannot print money and hoping prices stay the same. This provided economy is running normally, which we will get in 3-6 months time.

good counter. but slow moving to realise its value

quite like the undemanding value proposition. But venturing in property development in this trying times, might not be the best bet. Mexico investment have not produce any profit yet.

the price moving sideways for quite sometime. good time to pick up low. Buyback at RM3. Management surely seen its as undervalued at that price.

Only issue is cash flow with short term debts (huge sum actually). Otherwise fundamentally intact

No show today. Wait till next week.

Battle royale round 1 starting

Most market move lower today in anticipation of fed hikes.

Still in volatile period. Will wait to buy more once its settling. If the order book’s legit, then issue would be the cash flow.

What is the impairments of 1.7b accounted for? Major selloff today nonetheless

Hm no show this week

Again no show today. Wait tomorrow

Can China stem the global rise of inflation? Trillions of easy money printed ‘everywhere’ globally so we all could do the math. Some hedges in commodities are good. Oil already picking up the pace.

No show today. See tomorrow how

FIFO tomorrow. By 1030 liquidate all.

@sincerestock typically average retail investor wont know privatisation insider news. I am no investing expert. But investing is far less headache and sleep friendly than any sort of trading. If u can stomach the volatility and the higher risk, trading is hugely rewarding. It is basically a transfer of wealth from one person to another. I however agree on bursa is too small. Its news driven, easily manipulated by big funds like Epf. Hence we all like ants hovering a flack on sugary food. Be the first consistently, retreat slowly when a huge crowd is coming. Its like a casino in here. Haha

Can still do value investing in my mind. Buy companies not in trend and below its value. Lets say below 100/200 day moving average. But you will need some black swan event for that (like pre vaccine news covid market). Momentum trading is more instantly rewarding and can be lucrative, at the expense of time and stress and probably higher rate of losing money. My take? Play some. Invest some.

Agree on buy large and get out quick tomorrow. There are lots of people just reading the news as we speak. Probably 8c is safe bet. Can push to 0.86 if got balls.

Appoint only dh shoot 20%. Imagine nothing wrong. Rm 2 coming. That said serba has near term debt to settle. Probably need to issue more PP and at this price, more dilution. Trading counter. Investing not so sure. At least until some lights shed.