The current selling pressure on Wall Street may have been absorbed thoroughly and DJI rebounded, we expect this rebound may sustain after the US Presidential Election. Right now they are washing out all the weak holders. I expect a rebound will happen from the 7th November onwards. This happened in any US Presidential election irrespective who ever wins..
Overall, the narrative for the market remains unchanged and being cautious on the Covid-19 status going into winter season, where daily cases shot up near the 500k confirmed cases.
Nevertheless, market players are likely to stay sidelines given a few major events that will take place in the following weeks such as: (i) US presidential election, (ii) Budget 2021, (iii) local political developments, and (iv) BNM monetary policy meeting.
So actually it's an opportunity to accumulate as the CPO is in all time high. This A380 will starts flying from the 7th onwards.
Tech sector in Malaysia depend on US election results. If Biden win Malaysian tech sector can kaput because Biden want to end the tech trade war with China.
Ending the China trade war is not good for Malaysia tech company because our tech stock benefits from the China trade war. China is the world largest tech manufacturing in the world.
One of the reason why Mabel Technology Greatech is doing so well is because of Renewals Energy.
Greatech Technology major revenue comes from the Export Market since Malaysia is too small. Bloomberg predicts that wind and solar will grow to 56% of global electricity by 2050. O&G will continue to dominate the Energy for the next 30 Years.
Another source of energy is coming from Mabel Plantation using Bio Fuels. That is one of the reason why Palm Oil will breach RM 3300 soon. Beside Gloves, these two investments hedge Mabel;s Investments in the O&G Sector
huat arh, who held Greatech since IPO sudah huat huat huat, mabel jie already said last year this is a giant in the making, tapi semua intraday trade je lol
You guys notice. The more people promote about Greatec, the more it drops. It used to be straight linear uptrend until more Facebook sifus promote and call buy. That’s some signal. Pandai2 lan
If Joe Biden win then it will affect Malaysia Tech stock because China will leading again the tech export. Malaysia tech benefits largely from the US China trade war. Once Joe Biden announce to stop the trade war our tech sector will kaput.
icyminsfw If Joe Biden win then it will affect Malaysia Tech stock because China will leading again the tech export. Malaysia tech benefits largely from the US China trade war. Once Joe Biden announce to stop the trade war our tech sector will kaput. https://www.youtube.com/watch?v=dFESC6zZYu8
The U.S. presidential election has yet to deliver a clear winner, as many predicted, with several key contested states too close to call and votes still being counted across Pennsylvania, Michigan, Wisconsin, North Carolina, Georgia and Nevada. With 270 electoral votes needed to claim the White House, President Trump currently has 213 electoral votes, and former Vice President Joe Biden has 238, according to the Associated Press. While many were hoping for a quick and decisive result, a historic number of mail-in ballots could be counted into Wednesday and possibly beyond.
Only an asshole would goreng this stock to 80 pe and only an asshole owner would allow that to happen. Integrity is above money, any time, except for assholes.
For vaccine related, potential beneficiaries may include pharmaceutical companies such as PHARMA (NR), DPHARMA (NR), BINTAI (NR), SOLUTN (NR) and HWGB (NR).
Waiting for pullback and correction to add. EV is the future. Problem is can Greatec generate revenue from selling those EV batteries? When will Malaysia import EV from China/US? These are some of the main catalysts. Solar energy I’m not very optimistic. Semiconductor very average. Main selling point is healthcare and EV battery
#rr88 Only an asshole would goreng this stock to 80 pe and only an asshole owner would allow that to happen. Integrity is above money, any time, except for assholes. 07/11/2020 9:42 AM
I think the real asshole are the one who sell when it was below 70 sen...
Nice and Lovely. This counter no need to watch one...Greatec really know how to take care of itself against asshole..
Greatec is momentum investing. More reliable indicators include debt to equity ratio/ US EV market and competitive moat. Greatec has the highest competitive advantage in the renewable energy sector if they can fulfill their promise and deliver EV battery. The stock will go down if they can’t deliver the batteries with enough sales
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....
Mabel
24,148 posts
Posted by Mabel > 2020-10-31 00:50 | Report Abuse
The current selling pressure on Wall Street may have been absorbed thoroughly and DJI rebounded, we expect this rebound may sustain after the US Presidential Election. Right now they are washing out all the weak holders. I expect a rebound will happen from the 7th November onwards. This happened in any US Presidential election irrespective who ever wins..
Overall, the narrative for the market remains unchanged and being cautious on the Covid-19 status going into winter season, where daily cases shot up near the 500k confirmed cases.
Nevertheless, market players are likely to stay sidelines given a few major events that will take place in the following weeks such as:
(i) US presidential election,
(ii) Budget 2021,
(iii) local political developments, and
(iv) BNM monetary policy meeting.
So actually it's an opportunity to accumulate as the CPO is in all time high. This A380 will starts flying from the 7th onwards.
Meow...
Mabel Nostradamus