haroit27
commented on
$Alibaba (BABA.US)$ Good opportunity to add. $77 likely to be a strong support. Even without a cloud spin off, business as usual, improves in margin, operation excellence, stronger OI, good FCF.
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haroit27
commented on
$Keppel DC Reit (AJBU.SG)$
lol DPU dropped by 3% but share price dropped by 10% over two days, time to load up
lol DPU dropped by 3% but share price dropped by 10% over two days, time to load up
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$Hang Seng TECH Index (800700.HK)$ LOL chill guys. It is falling because broad market (Including US market) is so. Nothing we can do here.
haroit27
commented on
$BABA-W (09988.HK)$ I have seen many discussion about whether to average or not recently. I am more inclined to say no for the reasons as follows:-
1. US interest rate increase … bad for shares in general especially growth stock.
2. Weak sentiment owing to wide media coverage predicting that a deep correction is coming.
3. Tightening of monetary policy after Covid 19.
4. There should be more pain due to margin calls for those who are highly leveraged.
Think before you act. No...
1. US interest rate increase … bad for shares in general especially growth stock.
2. Weak sentiment owing to wide media coverage predicting that a deep correction is coming.
3. Tightening of monetary policy after Covid 19.
4. There should be more pain due to margin calls for those who are highly leveraged.
Think before you act. No...
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haroit27
commented on
$AMC Entertainment (AMC.US)$ stock closed at roughly 15 times it's 52-week low when the market closed on Friday. That's still down more than 100% from its 52-week high of $72.82, but it's still enough to give the money-losing movie theater company a market cap of nearly $15 billion.
Some of those gains have come because the company has become a meme stock and many people bought shares, not because of AMC's merits but because there was heavy short interest in the stock. Others, however, have held onto their shares in the company because they see the movie business making a comeback when the pandemic becomes nothing more than an unpleasant memory.
Basically, a return to normal leaves AMC selling fewer tickets than its needs to make a profit. Ticket sales are, of course, not the only revenue source for the movie theater company but fewer people in the theaters means fewer people to sell popcorn, soda, and whatever else to.
The pandemic accelerated a trend that was already hurting the movie business, When people have the option to watch so much theater-quality television without leaving their house (think any of the signature $Disney (DIS.US)$ on the Disney+ streaming service or the prestige shows that everyone from $Netflix (NFLX.US)$ to HBO seem to produce in ever-increasing numbers), it's simply a higher bar to get people to go to theaters.
Some of those gains have come because the company has become a meme stock and many people bought shares, not because of AMC's merits but because there was heavy short interest in the stock. Others, however, have held onto their shares in the company because they see the movie business making a comeback when the pandemic becomes nothing more than an unpleasant memory.
Basically, a return to normal leaves AMC selling fewer tickets than its needs to make a profit. Ticket sales are, of course, not the only revenue source for the movie theater company but fewer people in the theaters means fewer people to sell popcorn, soda, and whatever else to.
The pandemic accelerated a trend that was already hurting the movie business, When people have the option to watch so much theater-quality television without leaving their house (think any of the signature $Disney (DIS.US)$ on the Disney+ streaming service or the prestige shows that everyone from $Netflix (NFLX.US)$ to HBO seem to produce in ever-increasing numbers), it's simply a higher bar to get people to go to theaters.
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haroit27
commented on
$Futu Holdings Ltd (FUTU.US)$I’m just wondering what happens to our stock if futu crash
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haroit27
commented on
$Futu Holdings Ltd (FUTU.US)$
Last year, this guy also said this, but a week later, futu's stock price kept rising, which is a contrarian indicator.
Last year, this guy also said this, but a week later, futu's stock price kept rising, which is a contrarian indicator.
Translated
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haroit27
commented on
$Futu Holdings Ltd (FUTU.US)$
Guys lets view this rationally. I just finished my homework.
This statemement by 孙天琦 (The monetary stability guy in China who issued this damming statement), was delivered as part of a public think tank event in China (Link below). The statement was purely his personal opinion, not some statement issued out of Regulator's office. This is likely just his personal opinion.
Also, this was also not the first time he said something like this. In Jan 2020, he said something similiar too (Link attached). Cross border payment have been always his focus of work. Be it this statement or 2020's stateemnt, he have been vocal over the legality of "Cross border payment". Likely his concern is that China resident will use this loophole to launder money and buy shares overseas.
I think this is just another case of high profile ppl's slip of mouth, thereby causing market crash. His word have been taken wildly out of context and overblown.
1.) Sun's previous comment.
http://finance.sina.com.cn/zl/china/2020-01-10/zl-iihnzahk3176509.shtml
2.) Full news on this current statement
http://finance.people.com.cn/n1/2021/1028/c1004-32267651.html
Guys lets view this rationally. I just finished my homework.
This statemement by 孙天琦 (The monetary stability guy in China who issued this damming statement), was delivered as part of a public think tank event in China (Link below). The statement was purely his personal opinion, not some statement issued out of Regulator's office. This is likely just his personal opinion.
Also, this was also not the first time he said something like this. In Jan 2020, he said something similiar too (Link attached). Cross border payment have been always his focus of work. Be it this statement or 2020's stateemnt, he have been vocal over the legality of "Cross border payment". Likely his concern is that China resident will use this loophole to launder money and buy shares overseas.
I think this is just another case of high profile ppl's slip of mouth, thereby causing market crash. His word have been taken wildly out of context and overblown.
1.) Sun's previous comment.
http://finance.sina.com.cn/zl/china/2020-01-10/zl-iihnzahk3176509.shtml
2.) Full news on this current statement
http://finance.people.com.cn/n1/2021/1028/c1004-32267651.html
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haroit27
commented on
$Futu Holdings Ltd (FUTU.US)$ ok sensible discussion here.
Based on annual report, it seems that Futu is fully licensed by HKMA to conduct its operations in Hong Kong (Type 1 to 9 license). Its legal entities are mainly set up in Hong Kong, with only 2 entities in China. I could not find much information on their client's distribution, but my guess is that most of their clients are outside of China (HK, SG).
Do u think the market's panic mode is justifiable, or just being in blind panic?
Honestly, i got burnt very badly from this price jump. But i need to know if this is even justifiable.
Based on annual report, it seems that Futu is fully licensed by HKMA to conduct its operations in Hong Kong (Type 1 to 9 license). Its legal entities are mainly set up in Hong Kong, with only 2 entities in China. I could not find much information on their client's distribution, but my guess is that most of their clients are outside of China (HK, SG).
Do u think the market's panic mode is justifiable, or just being in blind panic?
Honestly, i got burnt very badly from this price jump. But i need to know if this is even justifiable.
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haroit27 : Heng ah bro, buying this counter the best decision I ever made this year