Whole world don’t ban rss but we wanna ban it??? Where’s the logic??? If rss banned and share prices still down, how??? How about banning margin trading???
Off course RSS won't burn. How can small fish fight with them with limited funds and disunited? Only at a point shorties will face backslash if price goes way too low. Correct or not?
Lolzz..those comment really typical keyboard warrior. Even i bought below RM1 also tempted to sell, you guys really did a good job, clap clap for you and please ask your boss to raise your pay bro
I think the shortists has gotten too greedy and overstepped the limit, that keeps the balance that ensure sustainability of the market. They need to respect the fundamentals and play within the rules. But what they are doing now has destroyed the confidence of the investors in the market
All rubber glove stock will drop below its pre-goreng price due to massive oversupply worldwide due to influx of new glove factory and massive expansion by existing one during the pandemic. This is coupled with accelerated recovery worldwide. Use that price below as reference (adjusted for capital changes).
For those of you interested look up Jim Cramer , a hedge fund manager who during one of his interviews said that it was a very satisfying way to make money by manipulating the markets and exhorted other hedge managers to do so .
Now your tp getting lower and lower After acheived you fxxk wanted 2.5 already achieveable. Now is 0.65 ,wowwwwwww you are GOD i stiil beleive you will ahceived 0.65 . The market is control by shorty No more fair game. SHORTY WIN ALL THE TIME
YOU CANT BEAT THEM JUST FACE THE TRUTH SUPERMX WILL REACH 0.65
Markets will swing between overly optimistic or greed and overly pessimistic or fear. The recent meltdown of gloves stock reminded me of 1998 asian financial crisis, the 2008 US financial crisis and last year March pandemic crisis. The Asian crisis.was the worst with Composite index went down from 1300 in 1997 to 250 in 1998 within a year. Our PM then banned stock shorting completely and Singapore was not allowed to trade Malaysian stocks. Malaysia implemented currency control so that our.ringgit cannot be shorted . Rates was fixed.at 3.8 .The CI index took 1.5 years to recover to 1000 and then another 3 years to reach 1300. The 2008 financial crisis also resulted the index dropped from the high of 1500 to 800 plus. Many stocks dropped more than.50 % It also takes about 2 to 3 years to go back to 1500. Last year March meltdown from 1800 to 1400 also made most stocks down 30 to 50 % but the recovery was much faster. It recovered within 6 months. These 3 meltdowns and recoveries gave us.a.good message. Markets can be irrational but it will goes back to the fundamental values. I am lucky to witness these 3 big crisis in.my life and.happy to share my experience.
Pjseow. Truely. Well managed companies with good fundamentals were usually survive from the financial turmoil. Smaller companies some goes into liquidation or being taken over or merged with the big one. Typical example were banks which have been merged into smaller numbers with larger capital as at today.
Banking stocks in the red as MoF instructs banks to work on interest rate exemption for loan moratorium repayments
KUALA LUMPUR (Sept 14): Most banking stocks on the local stock exchange came under pressure today, following news that the Ministry of Finance (MoF) has instructed banking institutions to work on the exemption of interest payments for recipients of the bank loan moratorium immediately.
At the time of writing, AMMB Holdings Bhd was leading the decline, shedding 4.31% to RM3.11. This was followed by RHB Bank Bhd (down 3.29% to RM5.29), Hong Leong Bank Bhd (declining 2.23% to RM18.36) and CIMB Group Holdings Bhd (down 1.86% to RM4.75).
hi guys , no worries , supermax at this moment still have about rm 1.50 per share . if u have extra money to spare , u may buy in stages (pls do your own research first) intco of china may postpone its expansion plan due to difficulty in securing loan .
if Dow Jones were to collapse in the next three months ,Supermax may only drop to RM 1.50 at the most.. Rm 0.65 per share is a long way to attain baring any Bonus OR SHARE Splitting exercise
Tonee, the sentiment for gloves are still bad . I will wait a little longer for the fear to subside before entering. ----------------------- ToneeFa Yup pjseow, agree with u. Those with capacity can still nibble as it dips. I m keenly watching if SpmX can win the ongoing NHS contracts tender, which I think is an important contract to SpmX to proof of that their OBM setup can give them an edge over the rest. 14/09/2021 5:17 PM
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
investmalaysia7777
381 posts
Posted by investmalaysia7777 > 2021-09-14 16:02 | Report Abuse
get 15 cents dividend very happy?