Recently, the second wave of rise in stocks related to data centers has appeared. However, I found that the market seems to have not yet discovered a potential beneficiary stock of a Data Center liquid cooling system. $MINOX (0288.MY)$
This company mainly supplies valves and piping fittings, with customers from the dining, semiconductor, and medical industries. The company recently announced a 2-for-1 free warrant offering, expected to be listed in early February.
Some people may think a P/E ratio of over 200 is too high, at that time due to the previous Indonesian general elections causing many local customers to refrain from allocating capital expenditures, resulting in the company's local business being affected, which has now returned to normal. In addition, the company's semiconductor and medical business contributions have also shown strong growth recently, expected to continue to grow, which would then bring the P/E ratio back down to over 10 times.
Currently, it is just to see when the company can obtain the Datacenter-related contracts (cooling systems require piping and fitting), if disclosed, it may act as a catalyst for Stocks.
Furthermore, the recent trend of stock prices is showing signs of potential breakthrough to a new short-term high, with the next resistance level looking at RM0.350.
$MINOX (0288.MY)$
This company mainly supplies valves and piping fittings, with customers from the dining, semiconductor, and medical industries. The company recently announced a 2-for-1 free warrant offering, expected to be listed in early February.
Some people may think a P/E ratio of over 200 is too high, at that time due to the previous Indonesian general elections causing many local customers to refrain from allocating capital expenditures, resulting in the company's local business being affected, which has now returned to normal. In addition, the company's semiconductor and medical business contributions have also shown strong growth recently, expected to continue to grow, which would then bring the P/E ratio back down to over 10 times.
Currently, it is just to see when the company can obtain the Datacenter-related contracts (cooling systems require piping and fitting), if disclosed, it may act as a catalyst for Stocks.
Furthermore, the recent trend of stock prices is showing signs of potential breakthrough to a new short-term high, with the next resistance level looking at RM0.350.
$MINOX (0288.MY)$
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Just a few days ago on Black Monday, the market was in extreme panic, and everyone thought the stock disaster was coming. I told everyone that the market would soon hit bottom and bounce back.
In the past few days, the market has indeed rebounded. Those who did not participate in this wave of rises are experiencing the Fear of Missing Out (FOMO) and have been constantly looking for stocks to buy.
In the financial markets, greed and fear are human weaknesses. Once you understand these two things, you basically won't chase the rise and fall every time.
This market sentiment index is a very useful tool for observing what stage the market is currently in. On Monday, when the market was in extreme panic, the index fell to around 4-5. Four days later, there was a major reversal, rising to 88, also indicating that the market was getting excited, and soon there will be an adjustment.
The key is if this round of correction can make a Higher Low, then basically this round of selling wave can be declared over. On the other hand, if the index falls below the recent low point during the correction, then it is very likely that a new round of downward wave is coming, which applies to both the US stock market and the Malaysian stock market.
Of course, my personal opinion is that there should not be a major decline in the short term, at most it will consolidate for a period of time, and the market will have a new direction after the peak period of performance.
Congratulations to those who have been following my live broadcast on Facebook and participating in this rebound, if you haven't, it's okay, keep following me and I will share more when there is an opportunity.
In the past few days, the market has indeed rebounded. Those who did not participate in this wave of rises are experiencing the Fear of Missing Out (FOMO) and have been constantly looking for stocks to buy.
In the financial markets, greed and fear are human weaknesses. Once you understand these two things, you basically won't chase the rise and fall every time.
This market sentiment index is a very useful tool for observing what stage the market is currently in. On Monday, when the market was in extreme panic, the index fell to around 4-5. Four days later, there was a major reversal, rising to 88, also indicating that the market was getting excited, and soon there will be an adjustment.
The key is if this round of correction can make a Higher Low, then basically this round of selling wave can be declared over. On the other hand, if the index falls below the recent low point during the correction, then it is very likely that a new round of downward wave is coming, which applies to both the US stock market and the Malaysian stock market.
Of course, my personal opinion is that there should not be a major decline in the short term, at most it will consolidate for a period of time, and the market will have a new direction after the peak period of performance.
Congratulations to those who have been following my live broadcast on Facebook and participating in this rebound, if you haven't, it's okay, keep following me and I will share more when there is an opportunity.
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The recent rise in U.S. stocks has made people doubt their life choices, while Malaysian stocks have only seen a few low-trading stocks hit the daily limit up. Overall market sentiment is still not very good, indicating a lack of consensus on market themes. Hopefully this round of U.S. stocks can drive the Malaysian market higher.
On the other hand, the decline in the U.S. ten-year bond yields has improved market sentiment, with the belief that the Fed will cut interest rates in June next year. However, looking at it from another perspective, the decline in the 10-year yields also indicates an increased demand for bonds, suggesting concerns about an upcoming economic downturn.
But it's good for the stock market in the short term, as the further tightening pressure has been reduced. I personally believe that the U.S. stocks will see a small bull market (Malaysian stocks might have to wait, as the peak earnings season is approaching.). I still hold my previous view, I believe the stock market will be very good in the next two years, but there might be a major pullback before that, possibly happening in 2024 Q1 at the earliest, or Q2 at the latest, followed by a redistribution of wealth.
Don't go all-in on this round of increases, remember to take profit when things are going well and prepare for the next round of declines.
On the other hand, the decline in the U.S. ten-year bond yields has improved market sentiment, with the belief that the Fed will cut interest rates in June next year. However, looking at it from another perspective, the decline in the 10-year yields also indicates an increased demand for bonds, suggesting concerns about an upcoming economic downturn.
But it's good for the stock market in the short term, as the further tightening pressure has been reduced. I personally believe that the U.S. stocks will see a small bull market (Malaysian stocks might have to wait, as the peak earnings season is approaching.). I still hold my previous view, I believe the stock market will be very good in the next two years, but there might be a major pullback before that, possibly happening in 2024 Q1 at the earliest, or Q2 at the latest, followed by a redistribution of wealth.
Don't go all-in on this round of increases, remember to take profit when things are going well and prepare for the next round of declines.
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We often say that trading stocks should follow the trend; it is easier to make money. But why are so many people buying popular stocks and losing money in the end?
In fact, great traders often discover stocks when they haven't become popular, or when they are just starting to rise, rather than wait until the whole street spreads their attention.
To make more money than others, you need to learn to predict the next trend, especially in a relatively easy market like Malaysian stocks, where predicting trends is actually not difficult.
If you have been trading Malaysian stocks for a long time, you will find that there is actually a rule in our stock market, that is, during a bull market, sectors usually rise in turns. For example, if industrial stocks rise, it may be the turn of construction stocks, then it will be the turn of building materials stocks, etc. Therefore, when a certain sector starts to skyrocket, we usually pay attention to the next sector in advance, rather than FOMO running to catch up and end up in the middle.
Another thing to note is that if most stocks in a certain sector are rising, only specific stocks are not rising, don't think about running to buy; don't expect a delay effect (Delay Effect). Not that 100% won't happen, but in most cases, the chance of losing money is relatively high.
By the way, industrial construction stocks have performed very well recently. If you missed this round of growth, I would advise you not to chase around; I'm already starting to keep an eye on the next sector. I saw that many individual stocks had good setups.
In fact, great traders often discover stocks when they haven't become popular, or when they are just starting to rise, rather than wait until the whole street spreads their attention.
To make more money than others, you need to learn to predict the next trend, especially in a relatively easy market like Malaysian stocks, where predicting trends is actually not difficult.
If you have been trading Malaysian stocks for a long time, you will find that there is actually a rule in our stock market, that is, during a bull market, sectors usually rise in turns. For example, if industrial stocks rise, it may be the turn of construction stocks, then it will be the turn of building materials stocks, etc. Therefore, when a certain sector starts to skyrocket, we usually pay attention to the next sector in advance, rather than FOMO running to catch up and end up in the middle.
Another thing to note is that if most stocks in a certain sector are rising, only specific stocks are not rising, don't think about running to buy; don't expect a delay effect (Delay Effect). Not that 100% won't happen, but in most cases, the chance of losing money is relatively high.
By the way, industrial construction stocks have performed very well recently. If you missed this round of growth, I would advise you not to chase around; I'm already starting to keep an eye on the next sector. I saw that many individual stocks had good setups.
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Key events to look out for in the near term is the tabling of the 12th Malaysia Plan mid-term review (12MP MTR) on 11 Sep that had initially outlined MYR400bn worth of development expenditure for 2021-2025. We are hopeful of key infrastructure projects to be mentioned in the 12MP MTR such as the Penang Light Rail Transit (LRT), Mass Rapid Transit 3 (MRT3), Johor Bahru-Singapore Rapid Transit System (RTS) Link and the Pan Borneo Highway. The icing on the cake would be the reinstateme...
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Recently, several stocks in the trades $SASBADI (5252.MY)$ 、 $IFCAMSC (0023.MY)$ and $DCHCARE (0283.MY)$Either stopped out when unable to break through resistance and encountered selling pressure, or got washed out in the middle of the trading session.
Normally, when encountering this situation (Stop-loss in three consecutive tradesIf my portfolio continues to decline by more than 10%, I will switch to a conservative mode and reduce the number or value of my trades. Coincidentally, the small cap index seems to be showing signs of reversal recently, and a short-term consolidation would be beneficial. Additionally, the KLCI futures for September are trading at a discount of around 20 points compared to the spot price, which suggests a bearish outlook for the market in September.
However, I am optimistic about the stock market at the end of the year, especially after the upcoming 12th Malaysia Plan review meeting and the fiscal budget in October.
Normally, when encountering this situation (Stop-loss in three consecutive tradesIf my portfolio continues to decline by more than 10%, I will switch to a conservative mode and reduce the number or value of my trades. Coincidentally, the small cap index seems to be showing signs of reversal recently, and a short-term consolidation would be beneficial. Additionally, the KLCI futures for September are trading at a discount of around 20 points compared to the spot price, which suggests a bearish outlook for the market in September.
However, I am optimistic about the stock market at the end of the year, especially after the upcoming 12th Malaysia Plan review meeting and the fiscal budget in October.
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The strongest sector in Malaysian stocks is none other than industrial stocks, especially industrial stocks in South Malaysia. Since the new Prime Minister Anwar took office last year, he has seen the Sultan of Johor many times. It seems that the two sides have a good relationship.
Judging from Malaysia's system of rotating the supreme head of state, the Sultan of Johor will be the next Supreme Head of State. Sudan also previously revealed to the media that the Malay Rulers' Council will hold a special session in October this year to elect a new head of state.
After the dust settles on our state election results, the current government can basically sit still for 4 more years. Next, it can focus its energy on implementing new policies. Judging from the recent rise in Malaysian stocks and industrial stocks, it can be seen that the increases are all quite exaggeratedIndustrial stocks in South Malaysia， $UEMS (5148.MY)$ It has already risen by more than 150%, $IWCITY (1589.MY)$ There was also a good increase last week.
Prime Minister Anwar also announced a few days ago that Forest City will be classified as a special financial zone, further driving the rise in South Malaysian industrial stocks. Currently, what the market is most concerned about is whether the government will restart the Longxin High Speed Rail (HSR) project, which was shelved in early 2021. The news indicates that Singapore is willing to renegotiate with the Malaysian government. If the negotiations are settled, it will surely become another catalyst for Johor industrial stocks.
If this major project starts up again, it will definitely boost Johor's economy, including local industrial stocks. Johor concept stocks include $KSL (5038.MY)$ 、 $EKOVEST (8877.MY)$ 、 $PGLOBE (3611.MY)$ ,...
Judging from Malaysia's system of rotating the supreme head of state, the Sultan of Johor will be the next Supreme Head of State. Sudan also previously revealed to the media that the Malay Rulers' Council will hold a special session in October this year to elect a new head of state.
After the dust settles on our state election results, the current government can basically sit still for 4 more years. Next, it can focus its energy on implementing new policies. Judging from the recent rise in Malaysian stocks and industrial stocks, it can be seen that the increases are all quite exaggeratedIndustrial stocks in South Malaysia， $UEMS (5148.MY)$ It has already risen by more than 150%, $IWCITY (1589.MY)$ There was also a good increase last week.
Prime Minister Anwar also announced a few days ago that Forest City will be classified as a special financial zone, further driving the rise in South Malaysian industrial stocks. Currently, what the market is most concerned about is whether the government will restart the Longxin High Speed Rail (HSR) project, which was shelved in early 2021. The news indicates that Singapore is willing to renegotiate with the Malaysian government. If the negotiations are settled, it will surely become another catalyst for Johor industrial stocks.
If this major project starts up again, it will definitely boost Johor's economy, including local industrial stocks. Johor concept stocks include $KSL (5038.MY)$ 、 $EKOVEST (8877.MY)$ 、 $PGLOBE (3611.MY)$ ,...
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Both have achieved performance. There is no risk of a performance bomb, which is more in line with personal operating preferences
IFCAMSC support 275
SASBADI support 200
IFCAMSC support 275
SASBADI support 200
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