Follow Us For The Latest Updates

Follow Us For The Latest Updates

Capturing some decent trends outside of Glove Stocks

From the way investors and traders are trading the stocks on Bursa Malaysia, we noticed healthcare specifically the gloves heavyweights are the one making strong and significant moves on the market. However, the objective of our M+ Wiz is to provide some alternative opportunities for the retailers.
Get Wiz

M+ Wiz – Capturing some decent trends outside of gloves stocks

From the way investors and traders are trading the stocks on Bursa Malaysia, we noticed healthcare specifically the gloves heavyweights are the one making strong and significant moves on the market. However, the objective of our M+ Wiz is to provide some alternative opportunities for the retailers. 

In our M+ Wiz list picks for the last 5 trading days, M+ Wiz has picked up good trading opportunities and there are certainly some good moves to ride along after they are being alerted by the machine. 

Here are some examples that were triggered by M+ Wiz today.

SERNKOU – Under furniture theme and being triggered around 

Source: M+ Wiz

ESCERAM – Glove-proxy on a breakout after a decent consolidation

Source: M+ Wiz

DNONCE – Being viewed as essentials (related to healthcare and high tech packaging)

Source: M+ Wiz

We will continue to monitor M+ Wiz and do several fine tunings (if needed), but for now it is serving its objective (to alert us for any opportunities) and manage to pinpoint decent timing for entries. 

Again, we highlight that these examples above are not a suggestion for a BUY or a SELL recommendation and it is more for a case study reference material for the future. 

Nevertheless, the idea of M+ Wiz is to mitigate the emotional risk and provide a decent confidence level to enjoy the trading journey and to be capable of selecting potential winning stocks on a daily basis. 

Say cheese to M+ Wiz in another few more days! Stay tuned

Share:

Share on facebook
Share on twitter
Share on linkedin
Share on telegram

More Posts

Serba Dinamik Holdings Berhad

The latest win is a testament of Serba Dinamik’s position as one of the major
players in the oil & gas industry. Assuming a burn rate of approximately RM400.0m
in December 2020, Serba Dinamik’s outstanding orderbook will come at RM18.3bn
by end-2020; within our assumption of RM18.5bn.

market pulse

Commendable breakthrough

The FBM KLCI delivered another commendable performance amid optimism that
Malaysia economy is widely touted to emerge from the Covid-19 pandemic slump
following the recent progress of Covid-19 vaccine developments. Still, we reckon
that the strong upsides may also attract quick profit taking activities over the
interim. At the same time, the lower liners are set for the extended rally that is
largely driven by the ample of liquidity as investors continue to seek for higher
yields investments.

market pulse

Market momentum still sturdy

The FBM KLCI edged mildly lower as sentiment turned downbeat as investors booked in gains from the previous session rally. While the local bourse is demonstrating some mild weakness, we reckon that the general recovery trend is still intact as the attention remains focus on the pace of economic recovery. The positive development over the Covid-19 vaccine will also continue to aid the recovery progress. Meanwhile, the lower liners are expected to charge higher, driven by the ample liquidity with the equities market remain in favour.

AME Elite Consortium Bhd – 2nd Dec 20

The proposed AME REIT would also provide stable and recurring income to investors, with at least 90.0% of its income to be distributed as dividends to unitholders. We note that slightly more than half of the current tenants of the industrial properties has more than 5 years of lease under their agreements. Additionally, AME REIT is expected to benefit from lower tax rate compared to prevailing corporate tax rate at an average of 23.4% recorded over the past 4 years.

capturing-some-decent-trends-outside-of-glove-stocks-m-online