Today also no short....

@choysun ....I am only 65% of my allocation for Genting.

Still cautiously collecting.

Low means BARGAIN.

shareinvestor88 always make me feel happy...BUT her target never come...so sad.

“I think banks are safe,” said Pathmakanthan, noting that no worries are needed about the fundamentals of the banks.

He said the banks have no balance sheet issue, as they have not only built up a “very strong” capital base, but they are also not short of liquidity.

“So far the news for the banking sector has been still quite good,” he said.

Citing the latest data from November, he noted that the gross impaired loans for the banking system is 1.5%, compared with the Bank Negara Malaysia’s (BNM) stress test, which was 3% by the end of 2020.

Thus, this means that impaired loans are tracking well below BNM's expectations.

https://www.theedgemarkets.com/article/maybank-kim-eng-positive-fundamentals-malaysian-equity-market

https://www.theedgemarkets.com/article/maybank-kim-eng-positive-fundamentals-malaysian-equity-market

“I think banks are safe,” said Pathmakanthan, noting that no worries are needed about the fundamentals of the banks.

He said the banks have no balance sheet issue, as they have not only built up a “very strong” capital base, but they are also not short of liquidity.

“So far the news for the banking sector has been still quite good,” he said.

Citing the latest data from November, he noted that the gross impaired loans for the banking system is 1.5%, compared with the Bank Negara Malaysia’s (BNM) stress test, which was 3% by the end of 2020.

Thus, this means that impaired loans are tracking well below BNM's expectations.

Where got shorties? haha..

...this stock has not been shorted since RSS was lifted.

No OPR cut....Riaz1954 was spot on....salute and respect

I am shifting fund form my fixed income fund...ASM ASM2 and ASM3....

....first into Banks...and now diversify into Genting and one property stock.

Looking for long term yield....

@ATK....agree....but for FD fund...it's long term...therefore can look forward 2-3 years post covid....assumption 5% divvy is based on divvy declared the past few years.

@InvisibleHand.....Thanks.

I advise those with FD to do switching to this stock and hold for long term.

At current price, the dividend yield is about 5%....and it's quite safe to hold for long term....

I bought at...
3.18
3.17
3.05
4.03
4.01
4.41
4.21
4.18
4.15

in that sequence....and still accumulating...dividend yield is better than my AS1M.....now slowly swicthing....

Where got cheap sale?

Bought more expensive than initial queue this morning.

Queued at 4.13, after seeing it rebounded...revised to 4.15...after matched, it dropped to 4.12.....too kan cheong ...wasted two sen

...after match, add q at 4.11....tak dapat liao.....wait afternoon see how.

No reaction tomorrow.

Additional few small states from CMCO to MCO doesn't make much diffirence.

Haha...

@shareinvestor88....why didn't go and short some shares

....to make some profit to buy some medicine for yourself?

.and before the announcement of PKP...GLOVES reacted by DROPPING KAW KAW......congratulation to apple

....and before the announcement of PKP...GLOVES reacted by DROPPING KAW KAW......congratulation to apple

MCO for whole country except Sarawak...

....tomorrow try queue 4.10....

@JBond007.....Gunplakk sold already...now hoping to get back cheap...haha.

@choysun...it was blessing in disguise

....luckily you didn't go hoot e at gloves this morning....downtrend again liao....haha.

Where got cheap sale?

Q 4.15 before market open till now also cannot match.

Buy at 4.....hold few years profit probably above 100%.....opportunity that comes only few time in a life time.

I am at accumulation mode....if drop means pay less....but I doubt the genting cluster will caused any panic selling because the market has already priced in MCO 2.0....meaning less or no business at this time....so how is the cluster going to affect business??

Added a little at 4.18

@JBond007....haha...it's just above your post.....lol.

@InvisibleHand....volume 244,806 vs average 36,123

https://finance.yahoo.com/quote/GEBHY/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACVegGGXI0AwnseVmL5TldhMIG16F_oD-qnE1CgClgfP_IfuMSw-luBpiMgV7XWqimtmiZ1PFVMHsqbA4gezLMsQSJ3WY9Xcf8RrrzSWQnHiv_-OKUXyYVVYRqA6X8obKlsB987iDVxDcTsNl3xtRidTvjHy2o6LLMZE60NViziA

I notice there was one strong promoter....I guess got panic and sold around 3 and disappear after that....but occasionally did came back above 4 to warn....be careful of bull trap.....haha...laugh die me.

In April, when production starts....may be above 1.00

In September, after the 2nd QR is out....may be 1.20 to 1.50

After 2-3 yrs....it's above 2.00

....haha.

@DonWorryBeHappy....you are welcome.

For those who can hold for 2-3 years, very high possibility will be well rewarded.

Cheers.....

@DonWorryBeHappy....just keep and treat it as your Super FD.

Prior to 2018....Mahsing has consistently paid divedend of not less than 6.5 sen....

...at your price, it's 6.7% yield.

With additional profit from gloves and recovery from property, may be can expect higher than that in 2022.

When your mother asked you to go to school...you ponteng..

...see what happen now...

...only know how to write few words...

...buy bye tp 3....and nothing else.

But it's not correct to preempt that MCO is going to be 2 months...

....the authorities say it will not be more than 4 weeks...

https://www.malaymail.com/news/malaysia/2021/01/13/health-ministry-expects-12-weeks-of-lockdown-needed-to-flatten-covid-19-cur/1940122

@AngTayKor.....point taken...ok.

@InvisibleHand...that's correct also...

Before sell...say one thing

After sold say the opposite

....hahaha...LOL

MCO NOT LONGER THAN 4 WEEKS !

https://www.malaymail.com/news/malaysia/2021/01/13/health-ministry-expects-12-weeks-of-lockdown-needed-to-flatten-covid-19-cur/1940122

He also disclosed that the authorities do not plan to keep the MCO in place for longer than four weeks.

Foreign net bought 102M on Monday

...and 127M yesterday....

While weak hands got panic the last 2 days...

....Foreign fund had net bought 102M and 127M

https://www.bursamalaysia.com/market_information/market_statistic/securities

https://www.theedgemarkets.com/article/mah-sings-m-vertica-achieves-92-takeup-rate-first-three-towers

Mah Sing's M Vertica achieves 92% take-up rate for first three towers

Posted by LossAversion > Jan 14, 2021 1:17 PM | Report Abuse

@stkoay: Buy Genting, Buy Gloves, Buy Banks....can't go wrong.

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I have Banks, Genting and semi gloves Mahsing...haha.

Quite diversify.

Especially those with weak heart...

If you play gloves...you risk getting heart attack...

Buy something you can sleep peacefully...

Volatile stocks...not worth the stress....health is more important for uncles and aunties.....haha.

Buy gloves....later cry also no tear.....

Now....the uptrend is recovery stocks..

....any rebound in gloves is just dead cat bounce...

Wah ....choysun try to sail against the wind and got burnt by gloves ah??

Fungsui teaches us not to sail against the wind.

Sell the downtrend.....gloves.

Buy the uptrend........ recovery stocks.

Fungsui teaches us not to sail against the wind.

Sell the downtrend.....gloves.

Buy the uptrend........banks and recovery stocks.

Fungsui teaches us not to sail against the wind.

Sell the downtrend.....gloves.

Buy the uptrend........ recovery stocks.

Fungsui teaches us not to sail against the wind.

Sell the downtrend.....gloves.

Buy the uptrend........banks and recovery stocks.

https://www.malaymail.com/news/malaysia/2021/01/13/health-ministry-expects-12-weeks-of-lockdown-needed-to-flatten-covid-19-cur/1940122

He also disclosed that the authorities do not plan to keep the MCO in place for longer than four weeks.