ks55

ks55 | Joined since 2014-06-09

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News & Blogs

2019-08-02 09:29 | Report Abuse

Just wait for response from Chinese side tonight

News & Blogs

2019-08-02 09:29 | Report Abuse

Sure enough, this Dick just announced he would be imposing 10% tariff hike on remaining USD 300 billion Chinese goods starting 1 Sept 2019.

China already anticipated that when they put in Zhong Shan to counter the hawks from America.

If Chinese prepare to eat grass for next 5 years, then Americans will be eating bark for even longer period of time........That is so called Long March mah

News & Blogs

2019-07-22 22:23 | Report Abuse

You watch CCTV4 @ 7pm today?
You read what People's Daily has to say?

Hongkist are digging their own grave when they start attacking Beijing Representative Office.
Even if rioters attacked Hongkong Legislative Council Building, China never gave stern warning not like this time.

It is up to Hongkist to take advantage of OBOR Initiative, or just being left out by China entirely if Hongkist think they can stand on their feet without relying on mainland. Or they think they can rely on their godfather or former master for their future generation.....

Stock

2019-07-17 14:13 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Dec 31, 2017 09:31 PM | Report Abuse

When did Hengyuan pay dividend for the last time? 2013?
When do you expect Hengyuan to pay dividend again? 2023?

Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.

Sama-sama lah, all are red chips.

Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.

Later on fire will break out in their factories/ refinery.

Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........

Stock

2019-07-17 14:10 | Report Abuse

All cracking spread sifus having meeting in holland?

News & Blogs

2019-07-09 10:31 | Report Abuse

Look at how WC siphoning cash from Lion Forest, Lion Industries, and Parkson through inter-related transactions.

See how WC novated loan from Grampian to Lion Industries only to write off one year later.

See how WC instituted share buy back of Parkson to tune of 2 billion just try to help maintaining Parkson share price.

See how WC tried to sell PRA to PRGL for 50 cents but was blocked by Hongkong minority shareholders. At one point PRA worth only 0.8 cent and now is about 2 cent.

See how WC making PRA pay rent in advance before the premise is ready for occupancy. Whose building is it? When can it be ready even after so many years delay? PRA is suing, will it succeed?

See how to make creative accounting agreeable to external auditors. Peruse Lion Industries AR and make your own conclusion how much should be written off.

See ................. to many examples to cite. Do your own research lah........

News & Blogs

2019-07-09 10:01 | Report Abuse

Hahha....

PN17 counters good for only 2 sen mah

It may be 0.5 sen before delisted man...........

News & Blogs

2019-07-09 09:25 | Report Abuse

Buy into stocks only if you think the controlling shareholders/Directors are trustworthy.

Certain characters should be avoided at all cost.
The list as follow:-
1.
2.
3.

News & Blogs

2019-07-09 09:03 | Report Abuse

Seems many pensioners were conned in shares belong to WC.
From Amsteel Corp Bhd, to Lion Corp, to Lion Diversified, PRA, PRGL, Lion Indusries, Lion Forest, and Parkson Holding.

You may be savior if you can warn them much earlier before these stocks placed under PN17.

Believe kelvintaneng can act as a savior just like how Jesus Christ save him as wreck.

News & Blogs

2019-07-09 08:56 | Report Abuse

Anyone wishes to make comment on Parkson and Lion Industries?

Stock

2019-07-08 19:56 | Report Abuse

Rule of Thumb, PN17 good for 2 sen or so.
Even though tomorrow can be 10 sen, towards the end it will be 0.5 sen before delisted........

News & Blogs

2019-07-08 18:18 | Report Abuse

Simply there are too many people complaining houses are beyond reach.
Govt also like to say the same so as to put up PR1MA, Rumah Selangor Ku, and so on and so forth.

Is HDB flat expensive?
They are simply given for 'free' to all eligible!
Is private housing in Singapore cheap?
But there are still so many buying up as investment after they bought first HDB flat.

Singapore houses are not cheap, could be 5 to 10 times more expensive than Malaysia. But no one complain they could not get married because of housing problem!

AND NOW is Malaysian housing expensive?
Up to you to gauge yourself.
If you choose to buy a house with mortgage up to 30% of your household income, it is not expensive.
If you want to buy a house that take you 2 generations to pay off your mortgage, you are simply wearing hat too big for your head!

All in all, I would say it really depends on your mentality whether you are kiasu, or down to earth.......

News & Blogs

2019-07-08 17:49 | Report Abuse

If we had followed reason instead of the masses ... today’s housing problem would have been resolved.

Statement by former chief executive Leung Chun-ying



BUT Govt of the day prepare to let Maybank lose money?
Is govt prepare to let developers close shop?
Is developer prepare to put up more low to medium cost housing like HDB flats?
9 millions willing buyers (from 26 to 38 yo) just waiting for a suitable house to call home. Is govt deaf? Are developers blind?

News & Blogs

2019-07-08 17:33 | Report Abuse

The first chief executive of Hong Kong, Tung Chee-wah, did the right thing with his housing policy in 1997, aiming for at least 85,000 flats a year in the public and private sectors, a home ownership rate of 70 per cent within 10 years, as well as a reduction in the average waiting time for public rental housing to three years.

However, he caved in under public opinion (from people already owned a property) and pressure from property tycoons like Li Ka-sheng and others to hold property price firm amid the Asian financial crisis. So the plan was shelved.

Otherwise, you will not see Hongkong coffin homes that need 2 generations to pay off the mortgage.

Malaysian govt should take this opportunity to let housing price fall to a more affordable level, without any dampening policy or subsidy.

Let the housing price find its own equilibrium, where supply and demand crosses.
Let those fly by night developers pack and go home.
Let the flippers go bankrupt.
AND let the fittest survive..............

News & Blogs

2019-07-06 22:09 | Report Abuse

Who say there is housing overhang?
Don't you know that was the govt's effort to 'Build then Sell' envisage by the BN govt since 2007?
Now BN's objective achieved.
UMNO should be happy.
MCA should be Happy.
MIC should be happy.
You may forget about Gerakan and PPP, for they are now non existing.

One good point under Build then Sell strategy is NOW buyers can choose and pick which developer can give up to 20% discount.
They also can demand for free MOT stamp duty, Free legal fees for SPA and Housing Loan, Free stamp duty for loan facility, free aircon, free wardrobe and kitchen cabinet etc etc.

https://www.thestar.com.my/news/nation/2007/06/26/buildthensell-concept-to-benefit-all/

News & Blogs

2019-07-06 17:16 | Report Abuse

Donald Dick is going to fight a new front - Currency War!
How come you don't know?
Meaning this Dick is going to let USD Index back to 72.5 from 97.5 right now......
https://www.investing.com/currencies/us-dollar-index-streaming-chart

News & Blogs

2019-07-06 13:33 | Report Abuse

Donald Dick is going to fight a new front - Currency War!
How come you don't know?
Meaning this Dick is going to let USD Index back to 72.5 from 97.5 right now......
https://www.investing.com/currencies/us-dollar-index-streaming-chart

News & Blogs

2019-06-28 19:34 | Report Abuse

After 1997/98 Asian Financial Crisis, 2008/09 Subprime affected mostly western economies like US, UK, Germany, Canada and other European countries.

Asian countries remained least affected.

Were you affect badly during 1997/98?

If you were, then you should have escaped 2008/09 melt-down.

Anyway, Malaysian affected the least, even lesser than 2003/04 SARS.........

News & Blogs

2019-06-26 12:22 | Report Abuse

Who requested for a meeting?
Why audience granted on 18 Jun but US side just made telephone call yesterday, exactly one week later?

Do you think any good news will come out after the meeting?

US market speaks for itself.
HK, Tokyo and Singapore share same sentiment.

It will be a non-event.
Hopefully neither side storm out from the meeting.

Any statement made will be reflected on next Monday..........

News & Blogs

2019-06-25 12:07 | Report Abuse

Why not he put up a legislation all household cannot keep Chinese produce as they may be risky to even sit on a chair made in China.........

News & Blogs

2019-06-25 12:05 | Report Abuse

There should be no car on the road as GM cannot guarantee what is driven on the road is safe.
So many road accidents.
So many drink-drive that kills.

Believe the Mayor must be anti-Chinese.........

News & Blogs

2019-06-25 11:05 | Report Abuse

G20 is a non-event this round.

President Xi- Donald Dick meeting will not yield anything good.

Very likely 2 Jul, this Dick will impose 25% on Chinese goods.

If not, this Dick will be doing that latest by 2 Sept.

News & Blogs

2019-06-25 10:49 | Report Abuse

China already taking steps to reduce exposure to US bonds.

With the proceeds, China is building up gold reserve and Euros.

China also taking steps to to deal with third countries without using USD.

Can you imagine if the world trade is not in USD?
USD will fare?
The Dick (aka Donald Duck) will have to cry father cry mother how come this world is so cruel to USD.
Gold will be up to $3000 for an ounce.
USD will collapse when every central banks starting to sell USD and convert into gold or RMB........

News & Blogs

2019-06-25 10:38 | Report Abuse

President Xi - Donald Duck meeting on 28 or 29th Jun is a non-event.
Simply this Duck is not sincere, trying to shift the blame on to China as an excuse to further escalate trade war.

You will find temporary cease fire for 2 months, then this Duck (or Dick to be referred later) will go all out offensive starting with 25% tariff on additional 300 billion Chinese goods, then forbid all its allies to trade with China or at least raise tariff against Chinese goods.

Too bad the world is now divided into 2 trading blocs.
Either you trade with China, or you trade with US.

117 countries have China as biggest trading partners, whereas most developed nations heavily dependence on US.

If you choose to be on US side, you will have to forgo market for 1.4 billion population. And that is rapidly growing to be the world biggest consumer market for everything, from raw material to luxury goods........

News & Blogs

2019-06-21 11:53 | Report Abuse

From I am holding up US-China deal to Chinese would like to make the deal, we like to make the deal, but it has to be a deal good for everybody. No more mention about good deal only good for the US.

Donald Duck still want to cheat to buy time.
I don't trust him.
He will again impose 25% tariff after 2 months of eye-washing 'negotiation'.


https://www.cnbc.com/video/2019/06/11/trump-im-holding-up-the-us-china...?

https://www.cnbc.com/video/2019/06/19/president-trump-and-china-presid...

News & Blogs

2019-06-21 11:51 | Report Abuse

Donald Duck finally kowtow to The President of People Republic of China.
After repeated request to meet President Xi but there was no response.
When he is so desperate and finally has to kneel down to seek audience.
Watch the compilation of events below:

https://www.youtube.com/watch?v=p-psXDEkQlE
https://www.youtube.com/watch?v=QTpBATlcrRk


Must be most cautious as Donald Duck is the most Unreliable Animal of this Planet.
He has no credibility and integrity as this duck is known to tell lies over and over.
He also will not honor what ever promise made, not flicker minded, but with intention to cheat from very beginning.
He has threatened again and again if no good deal in US favor, 300 billion worth of Chinese export to US will be taxes at 25% immediately after Osaka G20 meeting, i.e. he will issue directive from Air Force One.

News & Blogs

2019-06-20 12:28 | Report Abuse

From I am holding up US-China deal to Chinese would like to make the deal, we like to make the deal, but it has to be a deal good for everybody. No more mention about good deal only good for the US.

Donald Duck still want to cheat to buy time.
I don't trust him.
He will again impose 25% tariff after 2 months of eye-washing 'negotiation'.


https://www.cnbc.com/video/2019/06/11/trump-im-holding-up-the-us-china-deal.html?

https://www.cnbc.com/video/2019/06/19/president-trump-and-china-president-xi-set-to-meet-at-g-20-meeting.html

News & Blogs

2019-06-20 00:31 | Report Abuse

Donald Duck finally kowtow to The President of People Republic of China.
After repeated request to meet President Xi but there was no response.
When he is so desperate and finally has to kneel down to seek audience.
Watch the compilation of events below:

https://www.youtube.com/watch?v=p-psXDEkQlE
https://www.youtube.com/watch?v=QTpBATlcrRk


Must be most cautious as Donald Duck is the most Unreliable Animal of this Planet.
He has no credibility and integrity as this duck is known to tell lies over and over.
He also will not honor what ever promise made, not flicker minded, but with intention to cheat from very beginning.
He has threatened again and again if no good deal in US favor, 300 billion worth of Chinese export to US will be taxes at 25% immediately after Osaka G20 meeting, i.e. he will issue directive from Air Force One.

News & Blogs

2019-06-10 02:15 | Report Abuse

Donald Duck begging to meet President Xi on 29 Jun, but the President has no intention to meet the Duck. He told me he will attend G20 meeting in Osaka, and return to Beijing immediately to sign the most important document stating which are those US companies placed under the Unreliable Entity List.

Buying US soy beans is a threat to national security because it will defeat the purpose of foster better relationship with Russia.
Buying i-phone will enable CIA and NSA to continue spying and collecting military intelligence from govt personnel and those related to armed forces, police forces, coastal and border patrol.
Buying ic chips from US manufacturers may have risky consequences as US products likely to be embedded with something 'extra' to transfer all sensitive information to Pentagon.

So US need not export any thing to China as all US companies will be under Unreliable Entity List.
What US produce is only good for warehouse storage.


China will emerge as clear victor after 5 years Long March.
Minor suffering is bearable, not really a big harm if they go back to eat sweet potato for another 5 years.

Why China will win this Economic War?
Watch video below to convince yourself.

https://www.youtube.com/watch?v=9xCQnwFEy4o

News & Blogs

2019-05-31 22:40 | Report Abuse

He sold his flat.
He sold his cub.
He sold his son's bicycle.

Now he sold all his stock and hold 100% cash.
Read carefully, today he sold only 2 stocks, Pos and Bursa.

He is really a big time gambler.
Sailang and sialang only in one or two stocks.
Either he makes or he breaks.
Fake accountant also cannot challenge him lah.

Get in and out too frequent with meagre capital will soon see his tiny saving vanish in thin air........

Stock

2019-05-30 12:47 | Report Abuse

Hey.
Donald Duck is the biggest currency manipulator lah.

This Duck purposely keep US dollar strong so he can import from other country cheap.

Check lah US Dollar Index chart, from 70 in 2009 to 98 in 2019.
Currencies for the whole world drop like nobody's business, and yet this Duck accuse others for currency manipulation.

Yes, if only one or two country intentionally devalue or revalue its currency, that is manipulation. This is exactly what US is doing now.

Don't tell me all countries in this world trying to devalue their money in order to export goods to US?

No wonder if you key in IDIOT, Donald Duck will immediately appears....

https://www.investing.com/quotes/us-dollar-index-streaming-chart

Stock

2019-05-29 12:29 | Report Abuse

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD

May 23, 2019 12:37 PM | Report Abuse

Already reported losses.
Should move back to 40 sen region:-

1. Major shareholders sold out, flooding the market.
2. KYY selling out under margin calls.
3. Factors gave rise to recent run up for past 6 months all gone, in reverse gear some more.
4. Many bought Dayang with the view to be passengers taking 'free ride' on KYY factor, only to press on break and cut loss at all cost.
5. Market is very bearish with US-China trade war escalating everyday.
6. Excess free float take few months to normalize.
7. Gap down today is clear signal forced selling underway right now.

So, you should cut loss now.

Stock

2019-05-29 12:29 | Report Abuse

On last Thursday Dayang dropped 24 sen due to its 1st quarter small loss, partly caused by interest charges and foreign exchange loss. Its loss is less than the corresponding quarter of last year. The SE monsoon during the 1st quarter, exasperated the loss.

Investors over reaction
From my long experience in watching the stock market, investors always over react due to good or bad news. When investors see some good news, they will rush to buy aggressively. In this case, even the loss is small, shareholders dumped their shares as quickly as soon as possible; it is better to cut loss. They are so fearful. They cannot control their emotion to think logically.

As a result, the price dropped 24 sen on last Thursday. Most of the sellers were weak holders, stupid or uninformed investors who did not know the real quality of the company and many had to sell to meet margin call.

Fortunately, on Friday, the price rebounded and it went up 3 sen. This will encourage many investors to buy back. This increased share price will definitely reduce forced selling. I hope it is the pivoting point when it changes its down trend to uptrend which is the best time to buy. Nevertheless, I believe the worst is over.

Good profit growth prospect
I agree with our famous Mr Ooi Teik Bee that the next few quarters will show good profit growth which is the most powerful catalyst to move share prices.

Note: My aim for writing this article is honourable. I am not asking readers to buy to support the share price because the daily volume is tens of million shares change hands and whether you buy or sell will not make any difference.

https://klse.i3investor.com/blogs/koonyewyinblog/207951.jsp



Hahaha.......
Where is the golden rule?
Sellers are stupid?
Sellers are uniformed?

Should take note, more forced selling on the way.
KYY has yet to dispose all, and that forms overhanging knife falling any time.....

Stock

2019-05-28 16:28 | Report Abuse

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD

May 24, 2019 12:29 AM | Report Abuse

You know dollar cost averaging?
If you can buy at 1.40, surely should buy at 90 sen.
If you can buy at 90 sen, you should buy more at 70 sen.
If you can buy at 70 sen, no reason you want to let it pass 50 sen without any action.

Make up you mind.
You want to lose 20k, or 40k, or 80k in this counter over next 6 months, try dollar cost averaging as above.

Unlikely you will make it back in next 6 months, unless you learn sailang and sialang from fake accountant.

News & Blogs

2019-05-28 16:22 | Report Abuse

What RSOP these white monkeys are talking about?
Do you think they are so noble to protect environment?

They are just fabricate so call evidence to protect their oil seed and soya bean business lah.

Every time after they harvested their oil seed and soya bean, and they still claim the bare soil can generate oxygen to keep world population breathing.
Why scientific research they are talking about?

Shame on the white monkeys to deprive developing countries like Malaysia to earn living in order to survive...........

News & Blogs

2019-05-28 16:14 | Report Abuse

Philippine can do it, why Malaysia cannot?
Send back to Canada and Australia!

These white monkeys only love to pollute the whole world other than their own garden.

Stock

2019-05-28 15:50 | Report Abuse

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD

May 23, 2019 12:37 PM | Report Abuse

Already reported losses.
Should move back to 40 sen region:-

1. Major shareholders sold out, flooding the market.
2. KYY selling out under margin calls.
3. Factors gave rise to recent run up for past 6 months all gone, in reverse gear some more.
4. Many bought Dayang with the view to be passengers taking 'free ride' on KYY factor, only to press on break and cut loss at all cost.
5. Market is very bearish with US-China trade war escalating everyday.
6. Excess free float take few months to normalize.
7. Gap down today is clear signal forced selling underway right now.

So, you should cut loss now.

Stock

2019-05-28 15:48 | Report Abuse

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD

Apr 8, 2019 8:25 PM | Report Abuse

My purpose for making this comment is to teach you how to select growth stock to make money. I am not asking you to buy Dayang to support the share price. Whether you buy or sell will not affect the price because the daily volume is tens of million shares. For example, today 92 million shares transacted with 17 sen increase in price.

I have posted many articles to encourage readers to buy Dayang because it complies with my golden rule for share selection. It has reported 2 consecutive quarters of increasing profit and its projected PE is less than 10.

I remember in my first article I said I was buying when KWAP was selling. Since then its price has gone up more than 200%. Until yesterday, I was slowly accumulating. Even today, I did not sell because I believe it can easily reach Rm 2 with a few months.

I am happy to see only 2 critics namely rr88 and Dcmh who have sold Dayang so early. I am sure they are leaking their wounds.



Remember!
I am a super investor.
That is the reason why I am rich and you are poor.............

Ooops........
Sorry to remind you, when I see price drifting downwards, I will have to let go first to reduce the risk of further forced selling from my creditor banks.
And I am not obliged to tell you when I am doing so.
Anyway, I do not require you to buy in drifting market to support Dayang share price.......

Stock

2019-05-27 15:51 | Report Abuse

Pondan started to attack 10 counters under joey10.
Why only joey10?

There are 1100 counters waiting for you t attack.
Too bad, with your quality as good as idiot, nobody going to tiew you man........

Stock

2019-05-27 15:46 | Report Abuse

Where is Lion888?
Where is kelvin 61?
Where is yucai hacai?
Don't be pondan.
Come out quickly to sing down your enemy's stocks.

I love to buy these stock cheap-cheap.

Similarly, why can't you buy more Parkson now?
No balls?
Balls broken?
Or simply no money to buy?

Stock

2019-05-27 15:43 | Report Abuse

BJLand is good.
I will buy more at 10 sen with you help to press down.

Stock

2019-05-27 15:42 | Report Abuse

Dayang not bad.
I am waiting to buy more at 40 sen.
Pray hard you can help to achieve this TP soon.

Stock

2019-05-27 15:41 | Report Abuse

MUI Property also good.
It can come down to 10 sen with your support.

Stock

2019-05-27 15:40 | Report Abuse

I also love SP Setia.
When can you hammer SP Setia to 1.50?

Stock

2019-05-27 15:39 | Report Abuse

I love IOIP too.
IOI City Mall phase 2 progressing very well.

I would invite you to hammer down IOIP to 80 sen.

Stock

2019-05-26 11:56 | Report Abuse

Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BHD

Apr 15, 2019 12:29 PM | Report Abuse

Believe Eco World is now facing cash flow problem.

Don't believe check with its main con and suppliers.

Alternately peruse its annual report when it is out next year to see FCF and current liabilities, if you so wished to get confirmation.

For the time being, stay away from Eco World.
It acquired land bank for development 3 or 4 years ago at prevailing price, that is to say, land cost is never come cheap and interest charges going to kill.........

Stock

2019-05-25 22:40 | Report Abuse

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD

Apr 8, 2019 8:25 PM | Report Abuse

My purpose for making this comment is to teach you how to select growth stock to make money. I am not asking you to buy Dayang to support the share price. Whether you buy or sell will not affect the price because the daily volume is tens of million shares. For example, today 92 million shares transacted with 17 sen increase in price.

I have posted many articles to encourage readers to buy Dayang because it complies with my golden rule for share selection. It has reported 2 consecutive quarters of increasing profit and its projected PE is less than 10.

I remember in my first article I said I was buying when KWAP was selling. Since then its price has gone up more than 200%. Until yesterday, I was slowly accumulating. Even today, I did not sell because I believe it can easily reach Rm 2 with a few months.

I am happy to see only 2 critics namely rr88 and Dcmh who have sold Dayang so early. I am sure they are leaking their wounds.



Remember!
I am a superinvestor.
That is the reason why I am rich and you are poor.............

News & Blogs

2019-05-25 17:31 | Report Abuse

Posted by ks55 > May 7, 2019 11:12 PM | Report Abuse X

If you are 24 yo today, how much is your expected salary when you are at 60, i.e. 36 years from now?

For dumb-dumb, you will expect yearly increment of 4%.
For average or slightly above average, yearly increment 8%.
For high achiever, yearly increment 12% to 15%.

Say if you are with average performance, effective increment 8% yearly taking into consideration 4 promotions/job switch through out your working life, you are expecting 16x your current pay.

If you are earning 3k now, 36 years later (if you retire at 60), you should be earning 48k a month.
Based on last drawn pay at 48k, you need 5.76m equivalent to 120 months of last drawn pay.

If you are spending 60% of your income, when you retire at 60, last annual income is 576k. 60% means 345.6k a year.
If you can generate 10% to give 576k a year, you will be very much prepared for inflation up to 4% a year.

Planning for retirement is not calculate based on what you need today, but to be contemporaneous to the time of retirement.

Stock

2019-05-24 00:32 | Report Abuse

Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD

May 23, 2019 12:37 PM | Report Abuse

Already reported losses.
Should move back to 40 sen region:-

1. Major shareholders sold out, flooding the market.
2. KYY selling out under margin calls.
3. Factors gave rise to recent run up for past 6 months all gone, in reverse gear some more.
4. Many bought Dayang with the view to be passengers taking 'free ride' on KYY factor, only to press on break and cut loss at all cost.
5. Market is very bearish with US-China trade war escalating everyday.
6. Excess free float take few months to normalize.
7. Gap down today is clear signal forced selling underway right now.

So, you should cut loss now.