wallstreetrookie

wallstreetrookie | Joined since 2020-02-03

Investing Experience Advanced
Risk Profile Moderate

I love the markets and like to call myself as the biggest bull on KLSE. Malaysian stocks are significantly undervalued but most local investors are still pessimistic. They are WRONG

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User Comments
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2022-06-07 10:21 | Report Abuse

Power of dompeilee

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2022-06-07 10:20 | Report Abuse

"Where the skies are blue (woah, yeah)
To see you once again
Overseas, from coast to coast
To find the place I love the most
Where the fields are green
To see you once again
My love"
Coast to Coast by Westlife - Music Lyrics

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2022-06-07 10:19 | Report Abuse

Good intraday profits

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2022-06-07 10:18 | Report Abuse

Someone is reading i3 forum again. Jesus christ you guys are so predictable

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2022-06-07 10:08 | Report Abuse

Last day to trade BJFood. Vincent Tan hopefully won't unload after today.

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2022-06-07 09:20 | Report Abuse

Albukhary Power

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2022-06-07 09:19 | Report Abuse

Albukhary dumping Texchem to buy Gas Malaysia. Game over

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2022-06-07 09:13 | Report Abuse

Let's go Chinwell

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2022-06-06 22:36 | Report Abuse

Long term investors keep holding

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2022-06-06 22:35 | Report Abuse

Traders should be careful

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2022-06-06 22:35 | Report Abuse

Tomorrow BJFood dividend last date

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2022-06-06 22:32 | Report Abuse

I think the majority of the people are just watching the drama with popcorns in their hands. Which is understandable

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2022-06-06 22:32 | Report Abuse

This is why I don't believe anyone here actually held TSH shares. Most people here are lying. Or you have balls of steel. If you still have shares in TSH, you wouldn't be so happy at all.

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2022-06-06 22:31 | Report Abuse

10 more cents and it is back to pre-March lows. Incredible

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2022-06-06 22:30 | Report Abuse

If you guys are not as angry as me, I don't believe you have shares in TSH. If you have even ONE share of TSH, you would share the same feeling as me right now. This is just ridiculous.

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2022-06-06 22:25 | Report Abuse

Absolutely ridiculous. Institutions refuse to pump plantation stocks thanks to retail piling in. Ambank equity derivatives made a lot of money shorting plantation. Good for them I guess. They win we lose. Bravo

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2022-06-06 22:24 | Report Abuse

I have a suggestion for AmInvestment for their next equity research report.
Their title should be: "Strong SELL Plantation because Retail Investor Bought Too Much"
Done, this should be their next research report title.

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2022-06-06 22:23 | Report Abuse

I have never seen a stock move in opposite to the underlying commodity index. This is truly a shock to my investing career. Palm oil at 6600$ and sell-side equity analysts still giving bearish calls on plantation companies. Wow, just wow.

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2022-06-06 21:18 | Report Abuse

Energy stocks are very complicated to trade. Lots of uncertainty. Cartel manipulating prices. Russo-Ukrainian war looming ahead. If crude oil keeps going up, Hengyuan will die

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2022-06-06 21:16 | Report Abuse

Buy Hengyuan after a month. Write down in your calendar. Re-enter Hengyuan only after 30 June 2022. Good luck. Hopefully my prediction holds true

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2022-06-06 21:15 | Report Abuse

I don't think Hengyuan's story is over. The short term technical indicators for Hengyuan look weak, but the set-up looks amazing. They are waiting for crude oil to fall.

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2022-06-06 21:15 | Report Abuse

Coastal is a hedge for crude oil to go up above 200$

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2022-06-06 21:14 | Report Abuse

Hengyuan is a hedge against crude oil. Crude oil dropping to below 100$, then Hengyuan will fly, crack spread will hold.

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2022-06-06 21:10 | Report Abuse

We think that government will no longer be able to contain the rising average selling price of broiler chickens and poultry. Malaysia may discontinue the imposition of price ceiling policy after June 2022.

Alexander Nanta Linggi, Malaysia’s Minister for Domestic Trade and Consumer Affairs: "The extension is to ensure Malaysians are ready for price changes when the fixed price ends on Jun 30 ,”

BUY Leong Hup International, Lay Hong Berhad

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2022-06-06 21:05 | Report Abuse

Overweight on Leong Hup
The worst is almost over for Leong Hup. Margins will slowly recover, company is able to pass their cost to distributors and customers. Given its attractive valuation, the company is primed for strategic buy-out and acquisition at the same time. Very bullish on LHI

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2022-06-06 21:02 | Report Abuse

Alliance Bank Downgraded to Underweight
With a long term price target of RM3.20

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2022-06-06 21:02 | Report Abuse

Short Alliance Bank.
SME loan growth to slow in Malaysia. SME is the biggest revenue driver of Alliance Bank. They disposed their securities division AllianceDBS Research. This is the worst bank in Malaysia

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2022-06-06 20:59 | Report Abuse

For prop traders, must avoid Hengyuan until 25 - 30 June 2022

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2022-06-06 20:58 | Report Abuse

Crude oil set to drop by 30 June 2022. Catch the final pump of Hibiscus then put your profits into Hengyuan by the end of 2nd quarter 2022.

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2022-06-06 20:58 | Report Abuse

30 June 2022, re-enter Hengyuan 100% win

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2022-06-06 20:55 | Report Abuse

Don't let institutions distribute. Remove your buy queue

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2022-06-06 20:54 | Report Abuse

If Coastal doesn't go up fast next week, dump it quick

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2022-06-06 15:13 | Report Abuse

Nope, never trust the Chinese investors.

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2022-06-06 15:12 | Report Abuse

Sell before insiders dump more. Don't let them dump their shares on you. Let it free fall. Institutions will keep creating fake bear rally and bounces to entice dip-buyers. Sell. It. All.

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2022-06-06 15:09 | Report Abuse

Sell it all. Don't fall in love with a stock. Sell. It. All.

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2022-06-06 15:08 | Report Abuse

Ecoworld price target: RM0.30
Interest rate hike will impact property development company the MOST. No exception. Even 0.01bps hike will severely damage Ecoworld's profit margins. Whoever is optimistic on this company is insane

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2022-06-06 11:04 | Report Abuse

I don't respect any analyst (especially sell-side) from Hong Leong bank. Bunch of pricks

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2022-06-06 11:01 | Report Abuse

You are just looking at the charts. You work at Hong Leong research is it? Why do you hate this stock so much

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2022-06-06 10:55 | Report Abuse

Don't sell Harnlen

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2022-06-06 09:48 | Report Abuse

Slowly take profit, secretary resigned and they will be selling their Bonia shares.

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2022-06-06 09:22 | Report Abuse

1st Target Price: RM2.20
2nd Target Price: RM4.50

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2022-06-06 09:21 | Report Abuse

50% long term upside

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2022-06-06 09:14 | Report Abuse

Buy Hibiscus and Coastal Contract only. Sell all other O&G stocks

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2022-06-06 09:12 | Report Abuse

Crude oil 121$ per barrel.

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2022-06-05 10:10 | Report Abuse

Caely is the best turnaround opportunity in this market. Buy

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2022-06-05 10:09 | Report Abuse

I am going to criticise/call out this TheEdge author, Izzul Ikram. Spews nonsense again, attacking Caely.
The same author posted this article: "Lay Hong Bhd posted a net loss of RM4.08 million for the financial year ended March 31, 2022 (FY22), compared with a net profit of RM3.18 million a year ago.

The retreat in full-year earnings was due to the lower production of processed chicken products, resulted from shortages of raw materials as well as manpower, the chicken product and egg producer said in a filing on Monday (May 30)."
Stock went up 20% after his article

Another article by Izzul Ikram on Hengyuan:
"Hengyuan Refining Co Bhd’s net profit surged 191% to RM47.46 million for the first quarter ended March 31, 2022 (1QFY22), from RM16.31 million last year, as its quarterly revenue jumped more than two-fold.

Stock down 7% after article.