Highlights

Learn from my Uncle (Retired Fund Manager)

Author: learnfromuncle   |   Latest post: Sun, 18 Oct 2020, 3:28 PM

 

A ZOOM Meeting With My Uncle (Retired Fund Manager)

Author: learnfromuncle   |  Publish date: Sun, 18 Oct 2020, 3:28 PM


Since its CMCO at our area, I choose to stay at home and hold a Zoom meeting with my Uncle and see how is his latest views for the stock market.
 

Those who has yet to join my telegram channel for latest articles, also can follow my channel below :
https://t.me/learnfromuncle


I hope everyone stay at home at avoid going to crowded places as we all know, covid cases been rise rapidly in our country.

Might lost control if we dont try to avoid it.

 

So below are some of our conversation :


Me : Hi Uncle, how are you? Must be very boring since CMCO again !
Him: Its still ok, you know that my retired life, most of the time stay at home, relax watching my kois now.

Me: So nice to have your life uncle! Many really so sick about it as affect theirs life due to this COVID-19.
Him: Life is all about choices and some time fate. If they know about stock market, they could be able to change their destiny.

Me: Its true, but not all are lucky like me, many in the stock market also losing badly, thanks to have you uncle to guide me through.
Him: Yes, no worry.

Me: Uncle, USA election is getting near, do you think it will affect our market?
Him: Yes, but wont be long, just a temporary event. Companies, investor, fund they still need to do their jobs. So just focus on those company that's potential and have fund flow in.

Me: I must agree that, no matter who win, we still need to move on our life, COVID still will be around.
Him: Yes, that's why your gloves stock continue to move up last week.

Me: Yes !! TOPGLOV just break new high last week finally ! Hopefully this week will go higher again since COVID cases hitting new high in so many western countries. 

Him: Sure will, just be patience with it.

Me: I will, since already hold for a while, few more days or week doens't matter, just let the profit run !
Him: Good to see that you on the right path.

Me: Must thank to you uncle, so many comments claim that gloves is dead, it wont come back anymore or its over values already. Finally TOPGLOV prove to everyone that the story hasnt end yet.
Him: Its very normal, market always tend to think that stock that move up a lot going to be pump and dump, or wont able to sustain, this round, it's not like the normal cases at least for now, I expecting gloves to continue at least for another one or two quarter before it reach the peak or slow down.

Me: Ok noted uncle.
Him: If you look at last week stock movement, many second liner healthcare stocks actually just want to make new trend up, if this week able to break higher up.

Me: Wow really uncle, mind to share?
Him: Sure, those are like CAREPLS, COMFORT, NOTION, LKL, TEKSENG.

Me: Ok Uncle, I will have a look.
Him: They all looks similar, if this week able to break the resistant, then will be strong, more fund will flow in.

Me: Wow ok, I must also pay attention to it already, beside just watching my TOPGLOV and SUPERMX. Thank you uncle!
Him: Welcome, see you soon after CMCO.

Me: Ok!


After finish the zoom meeting, I open all the chart and look like all are just breakout and correction two day already. Seems to be good chance to enter if it break the next resistant. Below are the stock chart that mentioned by Uncle:


CAREPLS



COMFORT



NOTION



LKL




TEKSENG



 
 Above sharing is not to telling you to buy or sell, to buy or sell depends on your own judgement.

  Be the first to like this.
 
BJQ2333 Hi, guy please share if you have buy the 4 counter of mentioned
18/10/2020 4:16 PM
tumbler Rubbish scammer.
18/10/2020 4:43 PM
Edwardong53 Still waiting for your Edgenta and Istone to materialise ........
18/10/2020 5:01 PM
TheOwlsandWolves What happen to Edgenta.....you better tell your uncle to whack it up fast.
18/10/2020 6:29 PM
Foker Uncle very smart. He knows where the money is. Look at the coronavirus cases. People are spooked as hell
18/10/2020 7:03 PM
gemfinder Y no mention edgenta n istone? Gave up oredi ka
18/10/2020 7:08 PM
sandrakkc What a lame
19/10/2020 1:08 PM
questra Piss off la uncle lj
19/10/2020 9:24 PM
sensonic TOMORROW NEW IPO ANEKA JARINGAN EXPECTED TO OPEN AT RM 0.40 ?
19/10/2020 10:40 PM
speakup uncle bought a lot Aneka Jaringan?
20/10/2020 9:12 AM
paperplane your uncle go holland liao, no need uncle uncle anymore
20/10/2020 11:17 AM
CCCL Uncle go horse racing liao.
20/10/2020 2:12 PM
amateurJR Sohai uncle and nephew relationship
22/10/2020 5:18 PM
SultanMelaka haha this is a gay relationship
22/10/2020 5:19 PM
amateurJR Haha gay? So this uncle and nephew suka main buntut.
22/10/2020 5:22 PM
amateurJR long time no see gemfinder. Gemfinder joins them play buntut la since u looking for arse rather than gem.
22/10/2020 5:24 PM
goreng_kaki wa, you can remember all conversation between you and your uncle leh.....
dont cheat la.... want promote stock say la
22/10/2020 5:25 PM

A Day To Review My Portfolio And Reply Previous Post Comment

Author: learnfromuncle   |  Publish date: Sun, 4 Oct 2020, 5:39 PM


Well, Today I did not meet up with my Uncle, since number of Covid-19 been spiking up a lot. I take my time in this beautiful Sunday to review My portfolio and and reply some of the comment in my recent post.

I started with just roughly RM 10000 - RM 15000, during March, if you did follow my first post you will know. Thanks to SUPERMX alone, I make more than 20x and my capital go up from there.

Later on I sell some and buy PHARMA, JCY, KPOWER, SCIB, EDGENTA, ISTONE and if you follow my post you will know. From there my Capital go up another 2-3X to reach current level roughly RM 570k.

I did withdraw RM 100k for my Alphard downpayment.

https://klse.i3investor.com/blogs/learnmyuncle/2020-07-19-story-h1510609251-PHARMA_A_Car_Ride_with_My_Uncle_Retired_Fund_Manager.jsp

The most exciting one is my pharma, limit up twice, and I share it before it limit up.

 

Below is my up to date portfolio:
 

I already sell all PHARMA, JCY, KPOWER, SCIB as already up a lot and hit my target.

I decided to buy back glove stock, since after some big sell down during ex bonus issue. 

And I am very confident it will move up higher soon.


    

My core position is TOPGLOV and SUPERMX, hopefully both this week can do well. Since the last sell down early September, I been averaging up until last Friday.


    

I add on position for SUPERMX-C1A for short term trading, same to CAREPLS, since TOPGLOV move, the rest shall follow.


 
Many been asking about EDGENTA, I still holding it obviously. After glove go high enough, I will reduce and add position for EDGENTA and ISTONE.

I do believe my own study and my UNCLE views, so I just have faith and wait patiently.


Below are some reply to reader comment :


Hi JBond007, I don't know who is Felicia, and I only meet one Uncle which is willing to share investment idea with me. if James Bond is a makcik, that will be really something new.

Hi tallman, that's some roadside sifu that say glove counters overvalued, which I strongly not agree. Maybe they really use Mc Curry analysis.




Hi CCCL, I think I will make my first million within this year. Even I have have millions, I also not going to get new one. But I am getting another sport car when I make few more millions.


Hi soojinhou, thank you for the correction. The mistake occurred when you start to missed our earlier conversation and if you missed all the stock that gone up. It will repeated again and again in your imaginary world as you will always pluck some one article and looking for their mistake instead of learning something useful.




Hi Goldgent, seriously I not sure who is this Felicia, I am not Felicia

Hi Titan, salesman is my friend, any problem?

Hi SultanMelaka, why everyone mention about Felicia? Who the hell?


Hi aarontan1987, I dont receive any money for writting the article. If you don't like can you decide not to read it.

Hi amateurJR, is time for you to take medicine.

Hi Edwardong53, I still holding EDGENTA and I am adding more position soon.

Tokay111, I will continue to write, and how high TG go is consider go up? Is break new high good enough?



Anyway, I will continue to write my sharing whenever I meet up with my Uncle. I wish everyone doing well for their investment, I confident that very soon I can make one million from investing in Bursa stock market. I have other investment friend already make more than that.

Those who has yet to join my telegram channel for latest articles, also can follow my channel below :
https://t.me/learnfromuncle

  2 people like this.
 
Barir69 Hi,
I enjoyed reading your pleasant and informative article. I bought Edgenta but a bit high before it went down again. Looking forward to your next meeting with uncle.
Thanks.
04/10/2020 6:54 PM
BJQ2333 Hi, guy nice to hear from you, I'm waiting the news from you,
04/10/2020 7:00 PM
Sunshine123 I think people think you are Felicia because there was someone named Felicia who was recommending most of the same stocks as you. I too thought you were Felicia.
04/10/2020 7:05 PM
CCCL To earn millions. Just don’t be over confidence. Good horse never eat backwards grass...
04/10/2020 7:32 PM
gemfinder A very stupif move to sell all kpower n scib to buy edgenta n istone
04/10/2020 9:10 PM
Tokay111 You put 80% of your portfolio on gloves that is highly susceptible to vaccine news with PE > 40? Your hedge is a GLC in property management and a small niche company? I hope your all in on gloves play out if these are actual holdings.
04/10/2020 11:20 PM
tonypang01 Nice sharing, keep up the good work and thanks for yr kindness to write it.
04/10/2020 11:55 PM
greedy44444 Sounds so easy to make millions but I always hear small fish borrowed money from ah long to pay up their debts. Does it mean that if small fish follow your portfolio then they also can make millions ?
05/10/2020 12:20 AM
BenPg Dont think is a good idea to put money in Edgenta. It is a non performing stock and chancees of losing money is high. There are other better stocks to pick
05/10/2020 8:46 AM
Ohseng nice sharing. keep up your good work
05/10/2020 1:09 PM
Sslee Youngman,
Quote, “I started with just roughly RM 10000 - RM 15000, during March, if you did follow my first post you will know. Thanks to SUPERMX alone, I make more than 20x and my capital go up from there” unquote
Mind telling us when you bought and sell Supermax to make more than 20X?
52 Weeks Range: 1.29-24.44

Learn from http://www.intellecpoint.com/p/position.html serious investing and keep a recorded portfolio like felicity.
05/10/2020 2:33 PM
PotentialGhost Hu Hu Hu
05/10/2020 7:30 PM
JBond007 Oops! A girl named FeliciaWong has imitated & cloned learnfromuncle.
https://klse.i3investor.com/blogs/feliciawong/blidx.jsp
05/10/2020 7:53 PM
questra Sell alphard buy Edgenta
06/10/2020 12:15 AM
speakup so many ppl write article about their fund manager uncles nowadays
soon we will have someone writing article about their fund manager aunty. LOL!
06/10/2020 9:41 AM
veron4best if u so bullish on glove, why not all call warrant (C1A) all the way? to win big.
06/10/2020 12:27 PM
Michael Kwok Dear,please do it alone and dun ask uncle or even use AI.Then people respect.Many use software, AI or other assist tht consider beginner.
06/10/2020 8:24 PM

A Test Drives Day With My Uncle (Retired Fund Manager)

Author: learnfromuncle   |  Publish date: Sun, 27 Sep 2020, 2:37 PM


Been two weeks I didn’t update any new post because the past two weeks market seems to not have any special movement. Luckily last Thursday and Friday finally the gloves counters move higher up, my TOPGLOV saw significant gain.
 
 
You can follow my previous post to see what price I bought in TOPGLOV.

https://klse.i3investor.com/blogs/learnmyuncle/2020-09-13-story-h1513467141-A_Special_Watch_Sharing_Session_with_My_Uncle_Retired_Fund_Manager.jsp


Those who has yet to join my telegram channel for latest articles, also can follow my channel below :
https://t.me/learnfromuncle

 

Since this year I have made quite good gain from SUPERMX, PHARMA, JCY, KPOWER, SCIB, I decided to upgrade my current old car from my uni days. I have invited my uncle to help me have a look because he has lots more experience in buying cars and I sure he can give me good recommendation.
 
 
After reaching to the car company with uncle, the salesman passes me the key for test drive. Guess what? I chose TOYOTA Alphard because I need a family car for my new born baby coming soon next year.
 
 
During the test drive session, I have some chit chat with my uncle.
 
Me: Uncles, how is the car? Is the pilot seat more comfortable than your lambo? Haha
Him: Haha, of course it’s more spacious and comfortable than my lambo. But you sure you want to buy this Roti Van?
 
 
Me: Don't like that la uncle! My wife loves it, it's spacious enough. She always complaint my current car too small.
Him: It's good that you upgrade to the car you like. It's doesn't matter how others think. Congrats in advance.
 
 
Me: Thanks uncle, without your wisdom advice, I never dare to think about upgrading my car.
Him: No worries young man, it's still a long way to go for your investing journey.
 
 
Me: Uncle, last week seems to be a really hectic week. Out of the sudden Anwar announced have enough seat to form govern, US market been falling so badly, but why Gloves suddenly turn up?
Him: Very good question, if you ask me, from my experience, I would say, market can't find anything better than gloves already. That's why during last fall, I tell you to grab TOPGLOV. Lucky you did it.
 
 
Me: Yes uncle, thank you very much. But I still don't quite understand, why so many stock sifu, technical sifu been claiming that gloves are overvalues, chart has gone into downtrend, all kind of bad comments for gloves but end up still goes up?
Him: Another good question, those fundamental analysis have its own weakness, same to technical analysis, that's why if they did not think out of the box, they will think and follow the major market terminology, gloves is not going to do well already. Investing does require to have business sense, not just about calculating whether it is overvalued already or not, look at TESLA, what is overvalue?
 
 
Me: So, you mean that we should not be too obsessed with these two method of analysis?
Him: Yes, you are definitely right. Investing is not just about historical earning data and historical chart; it has to be flexible and think of the future. That's why when market is not stable, gloves still the best. It's very simple, the future of gloves is much more solid than any other business now. In the end, market have to accept this fact. 
 
 
Me: I kind of understand now uncle. Looking at Europe and many countries still out of control of covid-19, I believe that this covid is not going to end so easily.
Him: That's very true, again even with vaccine approved by WHO now, don't expect it can reach us so soon.
 
 
Me: It's sad but true.
Him: Hey drive carefully, there are some stones at the right sides.
 
 
Me: Ok. relax uncle, my license is not kopi o one. (whenever he mentions about stone, I think of ISTONE that he hinted to me before). Uncle, ISTONE still ok? Drop so much lately.
Him: Yes sure, gives you chance to get more, what you waiting for. Market once calm down; then other sector will move again. Don't have to worry.
 
 
Me: Wow I love the confident thats given by you. Let's go back to the car showroom.
Uncle: Ok, tell them you still want to consider, I help you order a much better condition direct from JAPAN.
 
 
Me: Really? Thanks uncle! haha!
 
 
After this test drive session, I think that fundamental analysis and technical analysis also have their weakness, I should not follow blindly and should have faith and confident with company that have good prospect. Another important note to myself.
  Be the first to like this.
 
apolloang your uncle bought edgenta also make a lot? hahaha
27/09/2020 4:11 PM
JBond007 Felicia changed ID already?
Always uncle.....cannot change to auntie, pakcik, makcik kah?
27/09/2020 4:21 PM
tallman Fundamental analysis shows glove counters overvalued? This analysis from Mc curry or amban? Half baked analysis.
27/09/2020 5:10 PM
JBond007 Just read today story.
Felicia is a girl name. How come today posting said she has a wife?
Or her wife is a man? Very confusing already.
27/09/2020 5:18 PM
Sslee Young man must learn how to do own research and put your research forward.
No point just tell story.
27/09/2020 6:24 PM
CCCL Why buy a Recon Alphard? Thought already have millions of profit from uncle tips. Go get a brand New Alphard from Toyota dealers.
27/09/2020 7:05 PM
soojinhou This is the 2nd time I hear about WHO needs to approve vaccine. That's wrong. The authority to approve vaccine lies with the health ministry of each individual country, not WHO. What this implies is that this entire conversation is all made up by the author. There is no retired fund manager, the author just pluck sources from everywhere to make up a story. Where did the mistake first occurred? It's from the first source which is then repeated here in the imaginary conversation.
27/09/2020 7:15 PM
SultanMelaka are u already hit your puberty?
27/09/2020 7:47 PM
SultanMelaka btw is it your wife is a man or boy?
27/09/2020 7:48 PM
ivanlau thanks for the article.....
27/09/2020 7:49 PM
Goldgent This author...typically a man...derives pleasure from naming himself Felicia... A Real Psycho.
27/09/2020 9:21 PM
tonypang01 Nice sharing
27/09/2020 9:27 PM
PotentialGhost Sick woman
27/09/2020 9:56 PM
Titan hmmm.....the city that i live in, car salesman dun just pass they key and let u test drive the car around. They normally will follow and b inside the car with u. I really wonder which city is so safe?
28/09/2020 12:39 AM
SultanMelaka FELICIA IS A DRAG QUEEN!RUN!
28/09/2020 7:20 AM
ccharliie Yes, technically ISTONE has current strong support technically and uncle knows strongly that although F+T does not always provide the complete story it is prudent to use them as guides as otherwise investors are shooting blindly in the air. Indeed, its great to pick stones now and if it becomes too heavy, unload and bring money home. That's my 2 sens worth.
28/09/2020 3:13 PM
Tokay111 Hmm the posts become more empty air. Now talk about nothing at all. All uncles, gurus now chicken Ady after market rout and glove counters are volatile right now. So next 2 week, go scuba diving with uncle and find glove is waterproof from recession? This rival uncle roger parody I watched in YouTube lol.
28/09/2020 6:39 PM
theidiotone he is just here with all kinds of writing ,trying to lure you guys buying in his recommended shares. of course he must use some attractive ways..or else no greater fool will come into the trap
28/09/2020 7:18 PM
calvintaneng Buying a second hand vehicle is ok as cars are depreciating assets unlike landed property

Even Warren Buffet bought a second hand car

Now as the uncle also hitting a wall with edgenta the istone is already game over due to initial pump and dump

Better go buy Naim at 74 sen

Naim rock solid is giving a nice 18 sen dividend after asset disposal
28/09/2020 9:12 PM
aarontan1987 sing song talk cock so much hahahahahahahaha
29/09/2020 10:06 AM
aarontan1987 who u work for????? how much money receive into pocket dy write this story tale??????? hahahahahahahahahaha
29/09/2020 10:08 AM
aarontan1987 in this industry pros always knew that certain rules can never be broken or else will really suffer heavy consequences hahahahahahahahaha u lan pa pa lan uncle share so much but everything is morning daylight robbery story hahahahahahahaha u think i will believe it??????? hahahahahahaha show face ma why hide behind blanket oi hahahahahahahahaha
29/09/2020 10:09 AM
amateurJR Lol! This joker forgot to take his medicine for sure.,
29/09/2020 3:04 PM
Edwardong53 Still trying to bluff his stupidity news here....... months ago he was talking positively about UEM Edgenta !!!! Just keep to yourself whatever your UNCLE telling you!!!
29/09/2020 7:46 PM
Tokay111 Another Kiyosaki style posts. I want to see what he can write when TG never go up.
30/09/2020 10:48 AM

A Special Watch Sharing Session with My Uncle (Retired Fund Manager)

Author: learnfromuncle   |  Publish date: Sun, 13 Sep 2020, 3:25 PM


Last week was not an easy week as market was going through a very volatile correction, many stocks fell so hard, especially gloves. I know everyone definitely did not feel good about the market, the same applied me as well but luck for me my uncle gave me right advise & timing to enter TOPGLOV again and I manage to benefit from last Friday’s strong rebound.

I did share on my telegram channel that uncle told me it was time to re-enter. Hope everyone managed to ride on this rebound.


Those who has yet to join my telegram channel for latest articles, can follow my channel below :

https://t.me/learnfromuncle

 

I myself also buy some on 9/9

 



 


 

This morning, I went to visit my uncle as usual and he shown me his watch collection gallery. 
 
 
 
Me: Hi Uncle! I can never thank you enough! 
Him: Welcome young boy. 
 
 
Me: When everyone was busy panic selling gloves, you are the only person that told me to buy instead of sell. If you did not tell me, I definitely won’t be buying it as well. 
Him: Good that you listen to me, I won't bring you to hit wall. Dont worry!
 
 
Me: Uncle, you own so many watches, I notice you have so many different colour ROLEX, got white, green, blue, some mixed colours,  wow.. must be expensive. I have no idea about watch value at all. 
Him: Haha, just to fulfil my self-satisfaction.
 
 
Me: How about this Uncle, Patek Philippe, such a weird name. 
Him: Oh just ignore it, I just like the design. 
 
Me: Ok.. I guess must be also something good. Uncle, why when everyone panic sales, you ask me to buy? You must have known something earlier?
Him: This just by experience, I can’t tell you exactly why, but I can see it is going to turn back up soon, so I inform you.
 
 
Me: You really my masta Uncle! Luckily I listened to you, I managed to earn back some, since my ISTONE still losing.
Him: Don't worry, always remember, if the company is good, be happy and buy more when the price is falling. 
 
 
Me: Ok I get it. Last Friday TOPGLOV boss mention that they will be largest market capitalization soon, higher than Maybank, seriously?
Him: If they want to achieve that, stock price needs to be above RM 10.00 at least. I would say that it it is possible, is all up to us. 
 
 
Me: What do you mean by up to us?? 
Him: Remember I told you before, retailer participation now is not losing to institute. If retailer stop panic selling, or take quick profit, it's not hard to reach RM 10.00. 
 
 
Me: Oh yes.. then I must hold tight. I guess many have been frighten by the Mac Bank already. 
Him: Its very normal, bank always protect themselves and this market sometimes can be tricky, if only you know how to read them, then you can still win. It's good sign that many have make complaint and retailer finally fought back.
 
 
Me: Yes! It's so exciting when price finally shot up!
Him: Retailer should have more confident, the company already showing sincerity of buying back daily RM100m share. Only a few companies have the capability of doing that, it's a confident move by the management. 
 
 
Me: Uncle how far do you think it can go by this week? 
Him: Well, it should at least move back above RM 9.00 before the result. After that might go new high if banker changes their views and upgrade target higher. Don't be surprise that banker change their views again. 
 
 
Me: Wow, then I must hold tight!! Already the company mention order more than one year, I do not understand why market panic. It's really a phycology game when price moving down, affecting my emotion.
Him: Yes, we must know where we stand, don't get affected by nonsense, then you only can go far.
 
 
Me: Thanks uncle for your sharing. By the way, you have so many rolex, give me one lah.. haha
Him: Haha.. all these are my collection, if you want, I arrange for you to get a new one!
 
Me: Haha Thanks first Uncle! hehe
 

After this watch viewing session with my Uncle, I think I might add some more before result. Hopefully my decision is right.


Above sharing is not to telling you to buy or sell, to buy or sell depends on your own judgement.

  Be the first to like this.
 
dollar83 Beside topglove any other counter? For newbie
13/09/2020 8:35 PM
RG1972 Glove
13/09/2020 10:36 PM
infinity888 supermax and topglove for the win
14/09/2020 6:24 AM
Tokay111 Your rationale to buy top glove is based on market sentiment only? Empty air here. Follow Hong Leong investment bank, they are top glove principal adviser.
15/09/2020 4:12 PM

A Golf Session with My Uncle (Retired Fund Manager)

Author: learnfromuncle   |  Publish date: Sun, 23 Aug 2020, 4:45 PM


This morning my uncle invited me to go enjoy golf with him at his club SLGCC. It's my first experience to play golf, I never understand why rich people like to play golf so I take the opportunity to join him. We went out 8am for 9holes, usually a complete game is 18holes but uncle say 9holes is good enough for light exercise & enjoyment. After 9 holes my uncle told me to accompany him for drinks & food at the club terrace overlooking the amazing scenery golf course. Before we start our conversation, below are some of my result.
 
Last week uncle told me to look back glove, I manage to grab SUPERMX on Monday, thereafter it started to rebound aggressively! Thanks to my uncle for such a great timely inform tips!



I still holding hopefully can go higher until bonus issue on 4/9.
 

KPOWER that he told me since 13/7 has doing so well last week, thanks to the good result, hopefully it will achieve new high soon.

https://klse.i3investor.com/blogs/learnmyuncle/2020-07-13-story-h1510517681-KPOWER_SCIB_A_Call_From_My_Uncle.jsp


Since KPOWER result so good, I decide to hold until it share split 1 become 2 and see that time can go how much. Hopefully can reach above RM 4.0.

Meanwhile I still holding SCIB too.

 

And also anyone interested to join my telegram channel for latest article, can follow channel below :
https://t.me/learnfromuncle

 

Below are some of our conversation while enjoying the golf course scenery, so green, just like my portfolio :)
 
 
Me: Hey Uncle, I can't stop myself to thank you over and over. You really make my days turn so bright!
Him: Good to hear that, you must have managed to scoop some glove stock at low?
 
 
Me: Yes! I managed to buy SUPERMX, and CAREPLS, COMFORT for some short-term gain. I am still holding my SUPERMX for bonus.
Him: Well done my boy! You even know to aim second liner glove for short term, looks like you are improving fast.
 
 
Me: Without Uncle’s hint, I don't think I can make it well, because last week the entire market saying that glove stocks are dead, vaccines are coming out, bursa & the banks are stopping contra trading for healthcare stock, emotionally I was badly affected but luckily for me, I had your wisdom words to guide me the right way again and again.
Him: This is how the market works, just learn how to differentiate, and what the market actually wants. Sooner or later you can learn to adapt to it. 
 
 
Me: Oh yah, KPOWER also big up after good result, this one really tested my patience too. 
Him: Yes it is time for it to show movement, good that you still holding it.
 
Me: Haha, Uncle, I believe in your picks so much that I would not sell it unless there is a huge movement upwards in the price but actually why you ask me to look at this stock last time?  Whats so special about this stock?
Him: I guess you already read some of the company’s background, it's similar to SCIB, it's simply due to Serbadk founder Karim bought stake in it. I can see that this is a very trustable person, he walks the talk. 
 
 
Me: Yes, I agree with that, after they step in, KPOWER, SCIB have been doing really well lately, manage to increase order book by so much. I believe they can continue to perform!
Him: Many times, people actually neglected about company management when investing in the stock market but it's a very important factor that needs to be considered. A good management only can bring the company to greater height. If you read some articles back in end of July, the managing director targeted 5 billion market capitalisation in 5 years time.
 
 
Me: Let me calculate, 5 billion market capitalisation is RM 44.21, woah now only RM 2.85, the management seems to be very ambitious! If they can achieve it, I want buy some more tomorrow! hahaha
Him: Well of course 5 years many things can happen we don't know yet but for sure this year 500 million market capitalisation of roughly RM 4.40 is definitely more achievable. 
 
 
Me: Wow, even at RM 4.40 I would be a very happy & proud shareholder already haha. 
Him: Since you already have KPOWER, might as well look at ISTONE too. 
 
 
Me: ISTONE? Something new to me. 
Him: Again, SERBADK co-founder Awang has become the substantial shareholder of this company. I see the potential bringing value over & drive ISTONE to new high soon. 
 
 
Me: Wuah.. ok ok following week I must monitor it as well. Hehe Thanks uncle.
 
 
After this golf session, I realize that I still need to do a lot more reading on news, without uncle’s hints, I definitely missed out a lot of good information. Hopefully this following week, all my stocks in hand can fly high. Currently I am holding SUPERMX, EDGENTA, KPOWER, SCIB. And thinking to add ISTONE this week.
 
Hopefully all the stock this week will can fly sky high like golf ball !


Above sharing is not to telling you to buy or sell, to buy or sell depends on your own judgement.
  Be the first to like this.
 
Newbieinshare Gogogogo istone
23/08/2020 5:37 PM
michaeso Istone good
23/08/2020 8:14 PM
JohnFook Uncle go fishing....edgenta what happened?
23/08/2020 8:27 PM
Slc1 Your fishing uncle RIP liao now is golf uncle. Really got a lot of uncle.
23/08/2020 8:29 PM
uncle ykk Uncle support istone
23/08/2020 9:14 PM
davidkkw79 Where is auntie ?
23/08/2020 9:33 PM
Tokay111 Market rebound a lot last week. Sure come down next week. Don't panic and run ya.
23/08/2020 10:04 PM
EyeShield21 Better love story then twilight
23/08/2020 10:09 PM
Acon888 next week play mahjong with uncle ?
23/08/2020 10:54 PM
uncle ykk Next week visit uncle in hospital
23/08/2020 11:09 PM
Goldgent Uncle queue (qqqqqqqqqqqqqqqqqqqqq) call kah ???
Now shifted to Karim already.
Must include SerbaDK as well lah.
24/08/2020 8:37 AM
rexarin somemore try bold the font of those companies. please change storyline next time..
24/08/2020 10:09 AM
amateurJR talk cock sing song
24/08/2020 12:36 PM
M2 Next week plan trip to Holland with uncle.
24/08/2020 1:20 PM
theidiotone he just wants to make use of you guys to unload his holdings.. be skeptical to eveyrthing.. stay neutral if necessary
24/08/2020 2:38 PM
Devilsadvocatee Both Karim and Awang seems more like a market player (rather than a busy ceo/director) with their constant buy/sell/takeover of penny stocks and release of positive news, advertisement and fixation on market cap. I don't like this kind of boss that trades more than a casual trader.
24/08/2020 5:09 PM
Lppek1965 Must call yr uncle to play badminton with uncle Lim sometime to understand more abt glove industry
25/08/2020 1:42 AM
Anaconder Next round uncle what?
25/08/2020 12:21 PM
RockerArm I think a machong session with my uncle
25/08/2020 12:27 PM
RockerArm Buy Hevea better,low price , good dividend, a hidden gem ,about to move.
25/08/2020 12:31 PM
sensonic KOSSAN BONUS ISSUE 1 FOR 1, ESOK UP UP UP?
25/08/2020 8:25 PM
chtan33 mana Edgenta pula, Uncle?
25/08/2020 11:00 PM
LaoTzeAhSir supermx koyak. uncle still ok?
25/08/2020 11:44 PM
Tokay111 2 weeks Ady, uncle no news? Still holding supermax?
09/09/2020 4:28 PM

GLOVE STOCKS - A Lunch With My Uncle (Retired Fund Manager)

Author: learnfromuncle   |  Publish date: Sun, 16 Aug 2020, 5:54 PM


Since last week after meeting my uncle for breakfast, he warned me that many stocks going are to crash, now looking back it seems to be happening, many stocks limit up ends up limit down, thank god I escaped from such crash. I took the opportunity to invite him for lunch, at a Thailand restaurant.

Anyway for those who missed my previous article can read below :

https://klse.i3investor.com/blogs/learnmyuncle/2020-08-09-story-h1511614182-A_Breakfast_With_My_Uncle_Retired_Fund_Manager.jsp

And also those who has yet to join my telegram channel for latest article, can follow channel below :

https://t.me/learnfromuncle

So we meet up in a Thailand restaurant, and below are some of our conversation:

Me: Uncle ! You saved me again ! If not I might had followed jump in those crazy limit up stock !
Him: Well done, don't follow to become the sheep.

Me: By the way, how do you look at the current market? So many stocks have gone down so much, the rally has ended?
Him: Put it this way, things that go up fast, will come down fast. However, everything remains back to the basic, the company’s earning and prospect. Those that can deliver, do not have to worry, those that have given fake promises,we must know how to recognize.

Me: How about glove stock? Especially SUPERMX has come down a lot after recent good result.
Him: Yes, can start to monitor already. It's an opportunity again.

Me: Really? Many have been panic selling last Friday due to the contra trading ban issue. I am a bit worry if this happen, will it cause further collapse?
Him: Haha, you forget what I mention during June. Why is it always when company releases good result its price starts to fall?

Me: Oh, I remember already, you told me that fund houses actually start buying, and come out with many bad news. Seems to be similar again, bad news like contra ban, vaccine news, causing people to panic sell again.
Him: You are right, ignore all such news, and focus on the company’s prospect. Remember that glove companies are going to enjoy stable profit for the next one year, this is very simple. What company can guarantee strong earning for the following year? And pay 30% dividend?

Me: SUPERMX surely, my first darling stock. Seems to be good time to enter some again.
Him: Yes ignore all the noise. Do look at it this way, SUPERMX is a nett cash company, and they going to gain 1 billion net profit in the following year. This will easily double up their cash position. With that huge cash pile, they can provide good dividend, take over or do new business to grow the company further, they already have the network, they are already doing mask manufacturing in CANADA and our country.

Me: This is such a great point, I never thought of it. Many people just look at the current price movement and short term prospect, never think from the company’s point of view but if price continues to go down, I worry retailer will continue to panic sell down, because from the chart I see it has already hit important support area so if it goes down more it can be so worrying.
Him: Yes, that's what fund house and banker want retailer to fall into. They can sell in the morning and cause price fall, once retailer panic sell causing price to fall further, then they can buy back at low. Another thing to take note of is that institutional and retail participation in bursa market are already about the same, 2-3 billion a day.

Me: So you mean that retailer also contribute big portion in the market already right?
Him: Yes, the market is no longer conquered by institutional. As long as retailer stop panic sales, retailer actually can influence the market already.

Me: Hmmm, seems like I must have strong heart moving forward and tell my friends to not panic sell if the company is still good. Just like EDGENTA, I am still holding & thinking to buy more now.
Him: Smart boy, this is how we should do it. If you are confident with the company, be happy when the price comes down, it gives opportunity to buy cheaper. Let profit run when price goes up, don't chase high.

Me: What a meaningful lunch Uncle ! Lets taste our TomYum soup, real tasty !


After this lunch session with my Uncle, I got new insight about the market again. Hopefully in the coming week market will turn stable and start to rebound up.

Above sharing is not to telling you to buy or sell, to buy or sell depends on your own judgement.

  4 people like this.
 
abang_misai haha. uncle mau tipu lagi kah?
16/08/2020 5:58 PM
rexarin made up story
16/08/2020 6:13 PM
Solomon7 Thanks Learnfromuncle
16/08/2020 8:38 PM
Lucas Low thanks for sharing. up
16/08/2020 9:10 PM
gemfinder Haha, u small boy beter jaga ur edgenta la. Mau tiou lagi
16/08/2020 9:34 PM
EatCoconutCanWin This time can't trust de.. haha
16/08/2020 9:38 PM
DrLimKH A pinch of salt
16/08/2020 10:14 PM
billionn LOL... very funny. Wandering how much higher do you expect??The higher the participation of retailer the riskier it is. What makes you you think the retailers can influence the market???
16/08/2020 10:15 PM
shadowlurker I feel like I'm reading a bad fanfic
16/08/2020 10:19 PM
Goldberg Supermax- A Super Growth Stock
------------------------------------
Supermax Corporation Berhad - net profit jumped by a whopping of 27 times to RM399.62 million from RM15.06 million a year ago, marking its highest quarterly earnings to date.

Next Quarter PAT is projected at Rm800 million.

Bonus issue of 1 for 1. Ex date is on the 7th September.

Share dividend payout that entails one (1) treasury shares for every 45 ordinary shares held for FY2020, which is subjected to its proposed bonus issue.

Own Brand Manufacturing (OBM) cum distribution business will exhibit even healthier performance in coming quarter.

SUPERMX total production capacity to increase to 48.42 billion of gloves by FY2022.

Supermx will be included in the MSCI Global index on 1st September. Foreign funds will be accumulating at current attractive price.
16/08/2020 11:10 PM
KingFund sound so fake. but YES SUPERMAX WILL FLY
16/08/2020 11:11 PM
KingFund try to make your fake story more believable next time uncle
16/08/2020 11:12 PM
greedy44444 Hahaha...still promoting Edgenta, seems not many buy your story. Buy Supermx instead better returns.
17/08/2020 1:04 AM
Ricky Yeo If there's one thing you can learn (or not learn) from your uncle, is to first ask "Uncle, where is your circle of competence?" And if he act as if he can answer any stock that come his way, then clearly you shouldn't listen to him at all.
17/08/2020 7:47 AM
tips888 TOMORROW OPTIMAX LISTING. CAN BUY ??
17/08/2020 3:55 PM
DingDongHai Tried thailand massage a.k.a catch dragon root?
17/08/2020 4:24 PM
gurumaster999 they crying when they tasting the tom yum soup, not because of too spicy....
17/08/2020 6:28 PM
LembuRun such an ametuerish article ...good for primary school kids
17/08/2020 9:21 PM
gozilla88 KYY sold supermx d only write story, really fake..... nvr believe KYY story
17/08/2020 10:18 PM
learnfromuncle thanks to my uncle, I manage to grab Supermx at below RM 16.80. Now RM 18.80.
18/08/2020 2:50 PM


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