I am not familiar with Huayang's fundamentals, Ricardo. Perhaps recent move is driven by general movement on property sectors. I have seen some goodies for property sectors from the budget 2023 announcement but may not be enough to outweigh the economy which is still recovering plus the higher raw materials cost; demand is still lagging supply. Huayang's recent move may have legs if it is supported by its fundamentals - sales, landbanks, types of properties - low and medium cost, balance sheet's health. Else, it should be back to where it should be priced accordingly ~ 14 cents

3 suggestion:

a) top up if share price come down
b) hold without doing anything
c) cut with min lost and wait for clear signal

Woei
Drop 99le
Luckily take profit before
Just now return to OpenSys
0.355

Lol. Congrats to those that managed to add 0.35 :) The external headwinds for tech stocks did not change since last year; particularly semiconductor related tech stocks and the slowdown in the industry which is evident from the financial reports. Continue to tap on the market reactions from it :)

US uptrend broken? To be specific, Nasdaq has been in the bear market since last year and is still a bear market thus far in 2023. S&P500 got out of the bear market at the end of last year and is still going strong thus far. Will it re-enter bear market? :)

Lol. I saw some comments of yields and nonfarm payrolls as the reasons for the market panic. Learning so much from this platform as I didn't know it can influence Malaysia. When the data is out later and reflected the retrenchment/slow down in hiring for tech companies in US, market will be green? and when inflation data is out and interest rates are raised again in Mar/Apr - another market panic? let me guess - maybe the reason will be Sell in May and go away :)

That's a good one, The Rock. Go deeper if you are into trending. What drives the trends within the 500 companies from different sectors :) While techs are still bearish, the spx has yet to fall into the bear market :) Perhaps supported by financials, industrials, energy and consumer sectors maybe. Will it fall into the bear market in the next 3 to 6 months?

Sounds good, The Rock. The nature of the monetary and fiscal policies in the US and Malaysia are different :) Hence, it will yield different outcomes in terms of economic support and growth. Budget 2023 for Malaysia is an expansionary budget but with a lower deficit compared with the previous two budgets if you will. and recent BNM OPR decision seems to be aligned with the intention of budget 2023 - support growth while focusing on rakyat and good governance.

yeah different, but first make sure you're longer term ,or short term. back to value investing, theres no right or wrong. it depends on your capital. if you're growing type, value investing isnt suitable, cause it requires time to build. WB can apply it succesfully, but not for MOST retailer.

Tap on the opportunity if it is selling below your average price, Time and Space :) Price will eventually converge with its intrinsic value. And tends to be stronger for smaller firms with more analyst coverage. There is only one IB coverage for now. The BODs need to work harder to get more analysts on board after migration to the main board :)

Hello, Lee Sambibilec. I recalled you are one of the few long term shareholders for RGB that stayed on during consolidation back in Sep and Oct last year and eventually yielded slightly more than 100% returns :) Nice to see you here.

when share gogogo u shout gogogo

when share is down, u blame others

Already hint you all will be long term invest, will need holding power for at least 18months from now to see the direction.

End up most of here just focus on teasing the idea of 18 months.
Now they choose to blame others

Share will up n dwn for sure. Dt blame others. I knw cheng is long term investor since last 2mths i bought rgb. Plus he really give many valueble advices for long term investor. Short trader will cant understand much if you are still fresh

Thanks, Nick, Time and Space, Lee Sambibilec and Ricardo for the kind words. Tooto mammam's frustration on market force is still manageable :) Chose not to respond as it did not evolve into hate or cyberbullying. Such comments whether intentionally or unintentionally shall not be the first or the last to be seen in public forums.

Not so much of that, Nick. it's the typical sell in May storm added with pressure on semicon tech stocks due to supply chain changes and prolonged higher interest rates. such environment means it is important to be selective with tech stocks - quality of earnings and ability to withstand the external headwind changes. Hence, I am hoping for the opportunity to buy low for Opensys :)

That's nice, Ricardo. I am still holding mine though the average price is higher than current market price; not that far off and it's single digit percentage. A safe shelter for prolonged higher interest rates if you will. Clean balance sheet, higher dividend payout ratio at 53% compared to the historical range of ~48% while retained earnings continued to increase yoy.

sub 200k interest expense despite 4x increase for OPR last year comparing to 11.7M net profit, 6.2M dividend paid which translates to 53% payout ratio, 53M retained earnings; solid if you will. Will be keeping an eye to add if Mr Market starts selling irrationally :)