icepumpkin i was waiting at 0.23 le Present symmetrical triangle is temporary...like someone was assuming a 50/50... scenario...well probably it's...@0.24...0.26...of course the resistance was...@0.36...but looking closely...too much day traders in Bursa...quite tricky to assume how it will perform...interest rates is low... that's why margins account increased...they need to add in more funds...to qualify for higher margins... gloves counters...we knew they are really too euphoric n crazy n rare scenarios...but for this...I don't think so... it's still not overpriced in... probably above...40x PE... it's...!!!
"While valuations have reached astronomical levels, certain research houses still expect glove makers, currently one of few bright spots in the local equity market due to their position as beneficiaries of the Covid-19 pandemic, to continue their rally over the next six to 12 months alongside other healthcare stocks." TheEdge
FactsandTruths "While valuations have reached astronomical levels, certain research houses still expect glove makers, currently one of few bright spots in the local equity market due to their position as beneficiaries of the Covid-19 pandemic, to continue their rally over the next six to 12 months alongside other healthcare stocks." TheEdge Astronomically high...they knew it...already priced in...2 or 3 years within these few months... Covid-19 beneficiary...everybody know...no need to say...Russia already got a much improved Avigan drug... probably vaccine by year end... compassionate n emergency use...you think gloves counters still so high earnings multiple...40x PE is considered overpriced...!!!
icepumpkin i dont think so. Now the cases are very low. the virus is incubated 14 days but normally it has highest transmission around day 2 until day 5. They may be increase but not so much because many people do practice sop and we have very few state to state travelling
Tokyo another wave, India surpassed 200,000 infections, Brazil recorded another daily death record
Medical Equiments n other medical related products are big, big beneficiaries...not only now...But in future where there are more infectious bird viruses...in mutations...will easily transmit to humans...because there are so many caged chickens, antibiotic fast growth chickens,...covid19 is just chicken feeds...more than 1 billions will perished...!!!
@reezdragon85, we still need to have confirmation on the test conducted :) if low volume test conducted mean low percentage of detection. How many of us in this forum even underwent covid19 screening ? temperature screening is not even close, test conducted need turnaround time of 2 days on average to get results.
c9313h, last time people say above 15sen not realistic, above 20 not realistic, above .24 not realistic. above 0.28 not realistic, u get the idea? just hold
BCM Alliance Bhd. donates PPE to both military Hospital Angkatan Tentera Kem Terendak, Melaka and Hospital Tuanku Mizan, Kuala Lumpur in aiding battle against COVID-19 MAY 2020: Hundreds of thousands of citizens across Malaysia are risking their lives every second on the front lines to help minimize Covid19. The lack of PPE exposes these individuals to the virus and increases the possibility of further spreading the virus to others. Police officers, military, volunteering personnel, doctors, nurses, hospital staff, screening officials, cleaners and many more heroes are playing a part in making sure the country stays safe. It is our duty to return the favour, therefore BCM Aliance Bhd. donates PPE to military Hospital Angkatan Tentera Kem Terendak Melaka and Hospital Tuanku Mizan, Kuala Lumpur.
Guys....you can check on their website....If they able to donate PPE for 2 big Hospital.........Meaning they earning.....Just my opinion only.......
Guys....you can check on their website....If they able to donate PPE for 2 big Hospital.........Meaning they earning.....Just my opinion only Hohsaliao...That's true...then our invested company has lot of free cash flows...wait for good news loh...!!!
People here are trying to lowball, before bcmall start to make its presence known they were never here, and now when bcmall rose all the expert come in and say go down down down, this correction is expected and bcmall will surely bounce back :) those who bought high now is the time to average down your price, simple math.
Wow,many and many IB announced control the glove and healthy sectors counter trading activity.Without support from IB,retailers directly GG...,God blessssss
ray1980 Wow,many and many IB announced control the glove and healthy sectors counter trading activity.Without support from IB,retailers directly GG...,God blessssss
You trust Those IBs...n some big elephants or sharks...telling them...any not up to date results...their rice bowl shaking...these people have so much agendas...never trust anyone in Bursa... including me...read whether anything got logic or not...then you decide your own destiny...!!!
Jessgoh Share from 0.1 to 0.36 now back to 0.25 ...seem normal also...
Of course it's not normal...you want normal n fixed or rational...don't buy or invest in shares...very, very high risk n volatile...that was taught in Havard business school...Volatility equal to Risk...very good then work for your elephant boss forever...!!!
Sashay88 im sure itll all be back up very soon. today everyone needed a rest from all the panics.
Panics is a herd mentality...Get out from the herd...don't get trampled...think n feel independently...Be a contrarIan...grab the chances if you see it...it comes once in a blue moon...!!!
everyone need to chill for now, have a good night sleep and be ready for tomorrow, rest assured with today's shakedown a lot of fifo/contra/margin players sold off, bcmall will pick up it's pace again and rally more tomorrow. Im assuming those who sell today are people who bought in a lot at 0.205-0.225 monday :)
From highest 0.365 deep dropped to as low as 0.245 today.These is real money loss cases now!But my traded cases is (1)In 0.15,out 0.30,(2)In 0.20,out 0.30(the day high 0.365),and many 0.01 to 0.02 earned from Bcmall.My traded record at here totally successful good done.Next trade!?May be,watch the situations first while market have some news like IB policy got effects for market already.Mixed all information then take action will be good invest.These is my small sharing to all guys love this counter.Well play everyone,Cheers....
reezdragon85, we still need to have confirmation on the test conducted :) if low volume test conducted mean low percentage of detection. How many of us in this forum even underwent covid19 screening ? temperature screening is not even close, test conducted need turnaround time of 2 days on average to get results.
@btuscy from what i know symptom come out normally at day 3. The highest period of transmission is on day 2 to 5. At day 14 confirmed even the patient already infected with covid and treated they will not transfer it to anyone as only the trace of the dna virus is present.
From the overall trend the had been steady decrease of malaysian citizen cases this is because the citizen started to obey three things. 1. 1m safe distance 2. hand wash 3. wear appropriate mask.
These rate of infection decrease so much just from this kind of behaviour. Because to make someone infected they need the virus to be in the respiratory system.
If 10 people are exposed to a virus maybe someone sneeze at their hand. around only 3 people will get infected because not everyone will get the virus through open pores to our respiratory system. It was further decreases the chances through 3 sop i talk earlier.
From what i see about the pattern. The decrease of warganegara having covid had decreases efficiently from the start of pkp to pkpb and now in incubation period of raya.
Very2 minimal cases. Maybe a bit of cases of the 5 percent that does not follow the rule during raya. But even this year i can assure you almost more than 80 percent does not come to house to raya. And even if they come the house owner ask them to follow sop.
I wouldt say for sure. But my prediction is they might have cases increase but for warga tempatan i will not exceed 50.
All of this point does not mean to say healthcare counter will slow down. Healthcare will still rise because vaccine are still a long way to go. But the number of cases in malaysia will be low for this few months after but if malaysian citizen started to not follow the sop then we will have second wave. That is confirm
Homily chart analysis showed decreasing banker chips to 50% from 75% and increasing locked chips to 20% as a result of more selling pressure from retailers, which explained the sharp drop in prices. On top of that, there is a potential dead cross being formed, where if the white line breaks through and downwards, there could be further downside. Watch out!
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....
geary
6,378 posts
Posted by geary > 2020-06-03 13:56 | Report Abuse
icepumpkin i was waiting at 0.23 le
Present symmetrical triangle is temporary...like someone was assuming a 50/50... scenario...well probably it's...@0.24...0.26...of course the resistance was...@0.36...but looking closely...too much day traders in Bursa...quite tricky to assume how it will perform...interest rates is low... that's why margins account increased...they need to add in more funds...to qualify for higher margins... gloves counters...we knew they are really too euphoric n crazy n rare scenarios...but for this...I don't think so... it's still not overpriced in... probably above...40x PE... it's...!!!