@yttihs Pls add mee, thanks!

Bought...! again and again

Risk/ Reward gear towards another 10% drop. WHO may hasten Russia's deal if the vaccine is proven to have efficacy rate. Putin may prove by using Russians as their test subject. If this proven successful, most glove stock will take a dive to their true PER ratio

The thing is Putin already passed the vaccine to their own citizen. And it seems in talks with few manufacturers to speed up production and to become dominant. Many institutional holders will be cautious and might reduce their position...

It seems 2 support breached. Sentiment on vaccine is over-whelming and WHO is now in talk with Russia on the efficacy of their vaccine

To Russia with love...

What happen when you sell and can't buy cheaper anymore?

Wow...Almost 500% profit...

Condom MCO Berhad

Both Japan and Singapore again reported highest Covid infection. It's really bad. I hope everybody still wear mask and don't neglect SOP just because our country's infection rate is under control.

My advise to those who has little investment trade experience to be careful now.

All glove counter is going through a phenomenal rise due to limited stocks despite maximum production. As a result, many of the glove product price will rise up to 300%. Secondly, understand that pre-order up to the entire year is already made.

The situation creates a meteorite rise like Bitcoin where P/E goes berserk and price hits almost a 1000% above. Foreign funds around the world are buying in like crazy too especially TopGlov. Third, the escalation of Covid is expected to triple once cold weather sets in. Read that in news few days ago.

Few Analyst now believe TopGlov price will surge above RM35 due to unprecedented demands.

I need to mitigate risk so took few k's of losses today. But I admit it held up pretty well today. But Gold price up means Investors running for shelter again. Sigh!

Second tested in strong selling. Also, people who are stuck at top are forming strong resistance. I got a bad feeling about this.

A break of RM2.73 will cause another forced selling. So tomorrow may be heavy selling again

We will see

Yes price dropped was a little overdone. Correction is normal and it's a good thing as give more people a chance to collect. Kiple is a game changer for GP. The previous purchasers were too big of volume to ignore.

forced selling is a vicious cycle...

With no support base, the share now is in free fall mode. Dead cat bounces but still a dead cat. I gave out my red alert 2 days ago. So you must be thinking "....buy at lower and wait it to shoot back up, right?" Those who bought above RM3.30 - RM4 will form new resistance level because they are hoping to reduce their losses.

Not bankrupt but probably cash raising exercise due to high current ratio and that is was adversely impacted by Covid-19. Share price will dip due to this.

Good news!

Just look at the sell off. Often sold off by small traders. The key investors are waiting are waiting on the other side..lol.

Strongest rally I have seen in months!

limiting up!!!

GPacket limiting up

TenCent CEO is buying in

Yes, VWAP my favorite indicator. It's one which separates the bullshitter vs the actual.

@i3furker, lol.... it is suppose to mean anything at the first place?

one newbie asking another newbie what to do,....epic!

Aiyah, private placement price must always be cheaper what, or else how to attract?

Doesn't really matter he is right or wrong. Either way, it's a win.

Good good, so keep selling.

Just keep selling. I want to buy from you.

@Mabel

It's irony that she seems to be good in analyzing the intrinsic valuation of her shares and yet still needs her mama to constantly state to her the obvious.

The way she phrase her comments, she seems happier at the end of the day when one gives her a giant trophy etched with the word "I am Great" instead of capital gains.

@2kHunter. Be careful of other people's comment. Know thy weakness. Only you know your own position size and your average price. Everyone's different. Also, factor in opportunity cost. This is not Sun Tzu "Art of War" and Dayang is not a battleship. Instead, it is just a vessel and where it's heading will depends on many factors.

Hey kitty cat, please hold on to your shares tight tight ...ok?

My target buy in at RM0.80 for Dayang not because of it's book value but because market sentiment is strong selling for 6 months. Similar case for Dayang in 2019 when continuous selling despite they secured contract. Market price is driven by sentiment, not book value. At first it was expected a cut of -10 million barrels per day will resolve issues but now, they changed their tone and stated global demand will drop by 29 million barrels a day. Contract has clauses by the way to protect both parties.

https://markets.businessinsider.com/commodities/news/oil-price-opec-report-demand-plunge-year-low-coronavirus-pandemic-2020-4-1029099253

Yes, diaz_flag has been here for years and continuously bashing the same company over and over again. I believe this person is deeply hurt by the company. Perhaps she bought in too much at wrong price and now trying to create a personal vendetta against the company. Also note that I said it's a "she" because guys usually don't hold this kind of grudge albeit even mental ones.

Usually, most Investors often blamed on their own stupidity, move forward and learned. So I guess this Diaz_Flag has heard it from so-called "reliable source" , dropped a lot of money and watched it burned. She might experience margin call as well.

When I clicked on all her comments, I was kind of felt sorry for her. Her strings of "consistent" comments made me think that perhaps this is her way of coping with the pain. I just hope she can heal and move forward. Also, that there are many wonderful counters on sales now. Remember, what can't break us will only make us stronger.


@Diaz_Flag - I really hope you seek for medical help. Remember, it's never too late to rid of your OCD. Also, please forget this counter and move forward. So many wonderful counter on sales now.

As for my FA projection on MPAY

End-to-end payment is going to be here at least the next 10 years. POS and Internet Payment will be staying around. If MPay can mitigate their risk, and maintain revenue growth, I believe Investors will be more than happy to increase their stakes. Their NTA is still at 0.12 so price is at 50% well below NTA safety net.

My projection for Mpay between 2020-2021 is projectory of RM0.28 based on PER of just 2X. Their profit QoQ is 100.36% which to me, a good sign of growth. Yes Covid-19 will temporary hampered revenues but I believe lockdown will be temporary. POS equipment is expensive and funds has been channeled into buying more POS system, merchant payment gateway system (like the ones in KFC) and staff to assist in maintenance. I see that they are mitigating their cost pretty well, If they continuous to drive cost down, we should see upside after 2H2020.

As always, invest at your own risk. My advise is if you are planning to invest here, don't use margin to play but keep it for long term.

Thank you

@diaz_flag It's been a quite a long while since I came here, like almost 8 months ago and I still see you always commenting the same counter. I think you are one mental sick f**k because you are happy when people loose money but what cringe me is your Obsessive-compulsive disorder (OCD) towards this "specific" counter.

We all know MPay is a high risk growth stocks. Mpay provides financial assistance (loans) and interest are used to buffered the losses. The upside, that NTA is 0.12 now and from revenue standpoint, it is growing. They are doing something right. Yes, the cost of operations is high. Just to remind you that Amazon loss money for 9 years before their share went up to all time high. Many tech stocks are risky in nature but so as long, they are showing profitability the price will go up in years to come. That is why even at average cost of RM0.10, I am not selling and I am willing to bet all my investment that MPay is a legit company and so as long they can get financial provision, mid to long term will bear eventually fruits unless revenues goes south. Then, that's the risk right? The way you guys say it like it's the end of the world.

@QualityGarbage
1. Blame it on your timing to invest
2. Don't just say "shady", disclose it and proof your claim else just "hearsay"
3. Operations needs money to support, their high debt could well be support with high revenues. Which means, they are using funds to increase CAPEX for payment of equipment, staff. Most tech stocks NTA is low. FYI, MYEG NTA is only RM0.20 vs MPAY at NTA RM0.12. NTA justify increase in assets to support increase revenue growth. They just need more time to turn around.
4. Show your proof. Don't BS.

If there is any misconduct, you do not need to tell SC. They will know conduct. Moreover, to get financial provision you need to provide substantial documents that needed to be validated.

Thank you

Meow...

I don't detect any extremities on Gkent. NTA is abt 0.90 plus and already in margin of safety. TA wise, I believe the buy back has helped with the stability. If the price goes down further, you are basically buying in Gkent's cash pile.

No extremities on all counters today, after mid day may turn green. I believe Investors are falling in love with Malaysia's MCO....lol

Let me be the first to wish you all the best of success. Good or bad, everybody deserves a better financial outcome and yes, I could be wrong.

Average cost but don't sell this company. It's super active trading already tells you that Jaks will be one of the few companies that with billion dollar market cap. This storm has nothing to do with Jaks. Plant will need to continue as the need for electricity is surging. Most company share price is affected by the sentiment. Note that I said "sentiment".

As for how long to hold, nobody will be able to tell. Remember, it's only paper loss until you sell it.

increasing war price might results in over abundance of oil. While crude oil is USD23 per barrel is alarming, and many small oil players area already in risk of default.

Even when price was around USD$60, Dayang posted a quarter earnings of RM285k which is -26% dropped. So when oil price plunge further, why should revenue increase? To say oil production doesn't affect all it's related chain of line is an understatement.

Reward, I am wrong and Dayang post higher profit. Do you believe? I doubt so.

Risk - buying on sentiment that Dayang price seemly attractive due to recent performances high of RM3 but again you need to remember, that was before oil crash. With Covid-19 reducing worldwide consumption and Saudi-Russia continuously increasing production to take dominance. I see an imminent 6 months bear market coming.

And with crude oil dropping down to another conservative 30%, might results in revenue decline. The consolation to Dayang is high profit margin but Dayang needs to have break-even revenues of RM170k to cover its 2000 employees salary and etc.

Finally, Dayang price gone up today because it's a global rally. Not targeting specific ones. In short, people are buying in because of feel good factor.

@rr88, you may be right!

Just one headline "Covid-19 Vaccination Ready and On The Way!!!" Then, next day news. "Dow Jones Jump near historic one day high as Investors relieved" ....lol

@Stevarac no one knows for sure. But it's already well margin of safety as Fair Price is current at RM3.54 calculating the EPS. A joy for Investors but a painful lesson for margin traders.

If drop, just collect. Got discount u dun want?

Hmm...i sense that KLSE counter is not buying to Dow Jones fall. Seems like many stocks are rebounding the minute the fall came

AA has excellent system but razor thin profitability. I fear another bad quarter might put them in ICU condition.