The way I see it

Author: omione   |   Latest post: Tue, 23 Feb 2021, 2:48 PM



Author:   |    Publish date:



With the vaccine narrative, the market sentiments have decidedly swung against the glove stocks, never mind that the big four will continue making billions. In the short run, fundamentals are no match for sentiments. Case in point, AirAsia. It's a business that will continue to lose hundreds of millions quarter after quarter. Airlines depend on the economy of scale to make money. Even in the best of time with high load factor, AirAsia managed to make only wafer-thin profits. In terms of fundamentals, Supermax and AirAsia are poles apart. So are the investor sentiments on them right now.

The mitigating factor is sentiments on stocks don't stay constant forever. They change over time. I firmly believe that the day will come (measured by months, not years) as the vaccine narrative settles and the glove profitability remains buoyant despite the declining spread of covid-19, the glove stocks will once again become the darling of the stock market. The fundamentals of Supermax are rock solid. But the market can remain disconnected from reality for a long time. For those who go long, time is on your side. Hold on to your shares if you are underwater and don't loan them to the IBs. The shorties will have nothing to sell.



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haridassa Very true.
23/02/2021 9:28 PM
samyew1234 continue to dream
23/02/2021 9:57 PM
gohkimhock uncle KYY sold him a dream last year and still haven't wake up yet..
23/02/2021 10:00 PM
GroundZero NEGATIVE SENTIMENTS will be gone after it crashes at least 80% to its fair value
23/02/2021 10:16 PM
emsvsi That's the problem with glove lovers

To talk about gloves you have to crap on other recovery stocks in this instance airlines

That is why you will never understand

And why you will never succeed

Genting (3182) To The Moon
23/02/2021 10:25 PM
gemfinder Drop to lowest then only he realise
23/02/2021 10:40 PM

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