Our dear student Mabel of OTB,the market not finish correct.Can get even cheaper next month(April and Mei period).Please take note.(No big bet without significant downward).
@Michael Kwok Our dear student Mabel of OTB,the market not finish correct.Can get even cheaper next month(April and Mei period).Please take note.(No big bet without significant downward). 08/03/2020 1:16 AM
Wah....Good morning Michael....
Didn't know you love me so much. You seems to be following me wherever I go.
Mabel is just an an ordinary gal who has passion for Investments. She would love to tap the knowledge from great investors like OTB and anyone else who are willing to shares. It's a Life Long Learning.
When you asked me for opinion, I gave it gladly. Likewise I do the same for everyone else including our learned OTB. Even our Bill Gates and our PM do seek opinion from others from time to time. A good example is what we did in this Forum. I picked up a lot of things from the dialogues in this forum from everyone here.
Absolutely, This is exactly what I'm doing. Don't sailang in one go as the worst is still not over yet..
One thing that we need is for the market to recover in V SHAPE mode. Than it will be something. If the recovery is slumber land..we will be in trouble...but historically if we compare to SARS..the recovery was so fantastic..it was V SHAPE recovery..
Currently, COVID 19 is about media headlines only..once the media change the mode to positive news such as vaccine found , China successfully contain the virus , USA successfully contain the virus , Europe successfully contain the virus then on top of all interest rate cuts aggressively by Federal Reserve mid March 2020, then market start to change its gear for positive mode.
Latest we can see Friday Dow Jones only loss 300 points compared to previous nearly 1000. That shows Dow Jones might going to be stabilize already.
For Crude Brent Oil, I don't think Brent will break USD 40. Normally, during USA Presidential Election, Brent will move within a band of USD 20 per barrel. Thus, assuming the support level for Brent Oil is USD 40-45, thus, beyond June until December 2020, the Brent Oil will have tendency to test USD 60-65 per barrel. That's consider V Shape recovery.
I hope Dow Jones will follow 2018 trend and not 2008. They just loss in 16 trading days in 2018 which if we calculated the period is over. Pray for the best. Dow Jones set the tune. Hopefully they will push back to 27000 level and above..
Change in the Interest of Substantial Shareholder (202003053600073) Company Name INARI AMERTRON BERHAD Stock Code / Short Name 0166 / INARI Date & Time Announce 05/03/2020 07:00:01 AM Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Content Substantial Shareholder's Particulars Name : KUMPULAN WANG PERSARAAN (DIPERBADANKAN) Address : Level 36, Integra Tower The Intermark 348 Jalan Tun Razak 50400 Kuala Lumpur Wilayah Persekutuan Malaysia NRIC/Passport No/Company No. : KWAPACT6622007 Nationality/Country of Incorporation : Malaysia Descriptions(Class & nominal value) : Ordinary shares
Name & address of registered holder You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com
Details Date of Change No of shares Price Transacted(RM) Transaction type 04/03/2020 200,000 0.000 Acquired
Description of other type of transaction : Circumstances by reason of which change has occured
Nature of interest : Indirect Interest Direct (units) : 411,908,700 Direct (%) : 12.716%
Total no of shares after change : 467,962,275 Date of notice : 05/03/2020
Remarks You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Change in the Interest of Substantial Shareholder (202003063600110) Company Name INARI AMERTRON BERHAD Stock Code / Short Name 0166 / INARI Date & Time Announce 06/03/2020 05:11:59 PM Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Content Substantial Shareholder's Particulars Name : EMPLOYEES PROVIDENT FUND BOARD Address : Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur Wilayah Persekutuan Malaysia NRIC/Passport No/Company No. : EPF ACT 1991 Nationality/Country of Incorporation : Malaysia Descriptions(Class & nominal value) : Ordinary shares
Name & address of registered holder You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com
Details Date of Change No of shares Price Transacted(RM) Transaction type 03/03/2020 300,000 0.000 Acquired
Description of other type of transaction : Circumstances by reason of which change has occured
Nature of interest : Direct Interest Direct (units) : 255,641,950 Direct (%) : 7.892%
Total no of shares after change : 255,641,950 Date of notice : 04/03/2020
Remarks You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
$20 oil in 2020 is coming. Huge geopolitical implications. Timely stimulus for net consumers. Catastrophic for failed/failing petro-kleptocracies Iraq, Iran, etc - may prove existential 1-2 punch when paired with COVID19.
Saudi and Russia spent so much time to stablise the oil price for the past 3 yrs sucessfully. they know the pain of low price. this round wont last very long but saudi need to do something to push russia back to table to agree on the oil cap reduction...
to bring down Icon price is easy, but to push up the price even during market bullish is very very tough. Its need million of shares transacted just to bring-up one cent.
Saudi and Russia spent so much time to stablise the oil price for the past 3 yrs sucessfully. they know the pain of low price. this round wont last very long but saudi need to do something to push russia back to table to agree on the oil cap reduction...
"Posted by Michael Kwok > Mar 9, 2020 5:33 PM | Report Abuse Mabel I need ur help.I do say please sell your holding if already ripe to sells few months ago.Please confirm if u see it."
Will be blind now, pretend to never have read it.
Kikikiki..
6.5 sen, interesting. Many stocks in Bursa are cheaper than toilet paper.
This symbolically describes the state of the companies and how well they manage it.
@Michael Kwok Mabel I need ur help.I do say please sell your holding if already ripe to sells few months ago.Please confirm if u see it. 09/03/2020 5:33 PM
I'm still holding Icon Michael. Honestly I have no issues holding it..
Don't sailang in one go as the worst is still not over yet..
One thing that we need is for the market to recover in V SHAPE mode. Than it will be something. If the recovery is slumber land..we will be in trouble...but historically if we compare to SARS..the recovery was so fantastic..it was V SHAPE recovery..
Currently, COVID 19 is about media headlines only..once the media change the mode to positive news such as vaccine found , China successfully contain the virus , USA successfully contain the virus , Europe successfully contain the virus then on top of all interest rate cuts aggressively by Federal Reserve mid March 2020, then market start to change its gear for positive mode.
Latest we can see Friday Dow Jones only loss 300 points compared to previous nearly 1000. That shows Dow Jones might going to be stabilize already.
For Crude Brent Oil, I don't think Brent will break USD 40. Normally, during USA Presidential Election, Brent will move within a band of USD 20 per barrel. Thus, assuming the support level for Brent Oil is USD 40-45, thus, beyond June until December 2020, the Brent Oil will have tendency to test USD 60-65 per barrel. That's consider V Shape recovery.
I hope Dow Jones will follow 2018 trend and not 2008. They just loss in 16 trading days in 2018 which if we calculated the period is over. Pray for the best. Dow Jones set the tune. Hopefully they will push back to 27000 level and above..
@Michael Kwok Excuse me.I dun ask u to sell Icon.But I remember I told u on other company blog if the stock is ripe months ago,please sells.Not icon. 09/03/2020 6:53 PM
@Michael Kwok Please yes or no. 09/03/2020 6:53 PM
I see now I understand Michael...
Yes I did sold off that counter and reinvest in another Technology Stocks.
Profit taking requires knowledge, efforts and experience
Studies have repeatedly shown that when that occurs, many ordinary investors found the losses too much to bear and sell stocks, often at or around the market lows.
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....
Michael Kwok
6,435 posts
Posted by Michael Kwok > 2020-03-08 01:16 | Report Abuse
Our dear student Mabel of OTB,the market not finish correct.Can get even cheaper next month(April and Mei period).Please take note.(No big bet without significant downward).