As I have been investing in the stock market for more than 50 years, I should know that long term investors are more successful.
I have bought Supermax with all my money which has been dropping in the last 5 months and many people with good intention advised to sell it to buy Tech stocks. I did some research and I posted my article yesterday under the title Profit Growth & sustainability of Tech and Glove stocks comparison.
In the article I explained the surge in demand for computer chips is short term because due to MCO more people have to work at home and have to buy new computers. As a result, there is a temporary surge in demand for computer chips bearing in mind that computers can last a long time.
Unfortunately, many short-term investors sold their glove stocks to buy tech stocks aggressively as soon as they saw the profit surge for almost all tech stocks. These short-term investors are short-sighted. They cannot look beyond their noses.
Fortunately, I started buying Supermax when the Covid 19 pandemic began about a year ago and my average price is still lower than the current price. I foresaw that the demand for glove would surge in the same way as it did during the H1H1 pandemic 11 years ago.
All glove stocks are still dropping for no reasons. It defies investment logic. However, I believe good profit growth prosect will prevail eventually.
This following Bangkok news is reassuring. Sri Trang Glove Thailand is investing US$ 1.6 billion to triple its product by 2026.
BANGKOK -- Sri Trang Gloves Thailand posted a record net profit in 2020 as the COVID-19 pandemic led to a huge increase in demand for the company's protective gear, persuading it to invest 48 billion baht ($1.6 billion) to triple its capacity by 2026.
Strong demand for medical-use gloves translated to a nearly twenty threefold expansion in net profit, to an all-time high of 14.4 billion baht. Sri Trang Gloves' revenue increased 2.5 times to a record high of 30.4 billion baht.
The company, which in June debuted on The Stock Exchange of Thailand, has upwardly revised its previous plan to increase production. Under the new plan, the company will ramp up capacity to 50 billion gloves next year and to 100 billion in 2026. It currently has a 32 billion-glove capacity.
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that is unwise, to think in term of long term and short term for investment portfolio, the reality is you need to monitor changes in industry /market conditions,if you are stucked with an sunset industry,for whatever reasons. and thinking of long term, u could ended up in total misery.
2021-02-20 11:50
Long term investing ah? Wait another 20 years for another pandemic maybe long then just maybe glove stocks will go up to previous high. Aiya uncle maybe you earn so much d want people to support the current price so you can exit
2021-02-20 11:53
Ansell lifts manufacturing to beat potential supply chain bottlenecks
February 16, 2021
https://www.smh.com.au/business/companies/ansell-boss-predicts-annual-covid-vaccines-as-ppe-sales-soar-20210216-p572sx.html
The company is not anticipating any quick resolution of pandemic conditions. Mr Nicolin said there will probably be a need for annual COVID injections to cope with the variants of the SARS-Cov-2 virus.
“The vaccine is only expected to protect for 12 months ... the question is what the new variants will do.”
Mr Nicolin said while the US and European vaccine rollouts look set to complete in the coming months, there is a strong chance that vaccinations in Asia, Africa and Latin America will continue well into 2022.
“It’s going to be spotty in a couple of areas. There are a lot of challenges left,” he said.
In a call with analysts on Tuesday morning, Mr Nicolin said the company expects heightened demand for protective equipment against this backdrop. “Everyone has got used to using PPE in a different way. You want to feel safe, especially if you have further mutations of the virus,” he said.
Analysts view longer-term opportunities for the company even after the pandemic, with JP Morgan’s David Low predicting in a note to clients that some key Ansell categories should boom further when “surgery volumes lift for an extended period as bulging [treatments] wait lists are addressed.
2021-02-20 15:53
so many surgeries are in waiting list..
in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...
the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long
2021-02-20 16:06
Really need to learn how to dig what to say everyday, especially when you old enough like KYY. Old man talking
2021-02-20 16:11
Ridiculous logic, more gloves used because of many surgeries are in waiting list? Joke! Period.
You know some Is very wrong when people are trying to find all kinds of EXCUSES & REASONS for themselves & their investment.
There is useful term to describe that: ILLUSION
2021-02-20 16:15
you think TG buying back shares just for the fun of it?
you think your gut feeling mathematics' induced by fear hormones...is more advanced than these business leaders....who has all the numbers to justify in front of them
2021-02-20 16:34
Lets be fair loh...the share call on investing in gloves companies is hold call.....no longer a buy call mah...!!
Yes the gloves profit will still increase in 1 or 2 more qtr but no more loh....!!
This bcos the following mah;
1. Excess capacities due to existing players expansion and many more new players.
2. The consumers medical instituite had cautiously over ordered & over stocked as a precaution now has slowly unwinding their inventories
3. The demand had reduced due to less pressing number of covid case and less fear now.
4. Most importantly the average selling price of gloves will be starting to fall in the next 1 to 2 qtr due excess competition coming in loh..!!
Just hang with your gloves while waiting for good gloves profit flowing but be ready lari kuat kuat bcos the profits cannot sustained high in longer term loh...!!
2021-02-20 16:43
Demand & supply gap in 2021 is expected to be about 120 billion gloves per annum. Thats like 330 million gloves per day.
Covid cases and test per day is no more than 1 million per day. Thats about 2 million max from testing.
This is peanuts compared to the projected demand which is obviously not related to the testing...
This means 99% of the induced demand is something structural - a general change in practise for preventive measures.
Till the covid 19 and its variants are completely eliminated or the whole wprld is vaccinated...its likely this measures will continue and even carry on further
why bring testing which is 1% of the demand into the picture?
I am pretty sure the maths are not that difficult considering easily available data to justify the numbers used above
2021-02-20 16:49
Covid testing is 1 million per day. Which is 1% of the demand contributors as shown above.
Assuming vaccination is 10 million per day with only 10% of vaccinators wearing gloves, this would effectively displace the demand drop from covid testing (assuming it becomes zero for argument sake).
Now at 10 million vaccination per day for half of the world population which takes 2 doses, that would take how many months?
5 million people vaccinated with 10 million dose per day. 5 billion people will need 1000 days.
Thats like 3 years. Thats at the rate of vaccinating 1.2 billion per annum.
And this is going to be yearly event...
and that had easily filled up the missing demand from testing
when the hell are we going to vaccinate the whole world?
2021-02-20 17:08
Someone said, those who are stuck with big losses, boast about being long term.
2021-02-20 17:09
Cycle play, now is time for IB distribution, so need to wait lol uncle Koon if you trapped. Fundamental play need patients.
2021-02-20 17:10
In a nutshell, just yearly vaccination of Europeans and U.S would easily drive gloves demand equivalent to the the current covid testing requirements of 1 million per day, even assuming at the worst scenario of only 10% of the vaccinators wearing gloves.
I think European and Americans vaccinator at the rate of 10% wearing gloves would be realistic...they wont be as cheapskate like other poor countries compromising on safety.
and yes thats a yearly recurring event
2021-02-20 17:19
Just a question:
In what way wearing a glove can prevent covid-19 transmission?
The virus that cause COVID-19 spreads primarily through droplets generated when an infected person coughs, sneezes or speaks. You can also become infected by touching a contaminated surface and then touching your eyes, nose or mouth before washing your hands.
Do you mean after wearing a glove it will prevent you from touching a contaminated surface and then touching your eyes, nose or mouth?
2021-02-20 17:24
i think it is more to prevent the vaccine administrator becoming a medium of transmission from on patient to another by inadvertently passing the virus via physical contact ..
only by using disposable gloves the chain is broken
https://www.osha.gov/laws-regs/standardinterpretations/1992-09-01-0
2021-02-20 17:30
LOL. the glove also acts as transmission medium.
In fact medical front liners help spread the pandemic with glove usage.
2021-02-20 19:38
I wonder how many gloves does the medical front liners change in a day...or do they change for every suspected patient?
2021-02-20 19:40
No need gloves after vaccines bring down Covid cases lah.
That’s why all gloves diarrhoea going forward.
Ini pun Uncle wants to mislead Msian...
Omg so black hearted.
2021-02-20 19:48
asp,raw materials and over supply,will its affect future eps?in short term within 3 to 6 months is probably no problem.but share prices move further must be in tandem of eps increase.do you think after 6 months later glove sector can maintain grow?
2021-02-21 00:07
Mr KYY, please use your years of experience and high intelligence to start researching and promoting good potential digital-based related counters for the MyDigital theme rally. Just advise Supermx holders to hold will do, no need spam articles to lure newbies into Supermx anymore ok!
Surprised that with years of market experience, high level connections and amount of wealth didn't already give you the linkage between stock market and politics! Ahriman would not be proud of you lah!
2021-02-21 02:52
I donate blood yesterday... and the nurse are wearing the same glove touching me and others
2021-02-21 12:07
Thats why quickly shift to insas b4 too late loh!
GO AND BUY INSAS TO PROTECT YOURSELF to THE COMING ECONOMIC TSUNAMI LOH....!!
Remember loh...u need to do it quickly & solve the problem b4 the tsunami of sub prime strike msia shore mah.....!!
Remember this loh....!!
If u cannot afford to buy a piece of property, do not despair loh....!!
Raider advice u to continue to stay with your parent or continue renting mah...!!
Save up by investing in undervalue Insas, it is a natural hedge against inflation and appreciation and property price loh....!!
Investing in insas will help u to own your property much faster than savings your monies in the bank loh....!!
Just invest in insas every month....and accumulate your wealth steadily loh....right now is the best opportunity loh....!!
YES DOLLAR COST AVERAGING ON INSAS EVERY MONTH IS A VERY POWERFUL TOOL TO HELP U TO GET RICH LOH...!!
FURTHERMORE INSAS IS NET CASH WITH HUGE MARGIN OF SAFETY LOH...!!
The opportunity is now when insas is still wonderfully undervalue mah..!!
The 1st step u must find out got:
1. Got margin of safety factor
2. Got strong Balance sheet factor
3. Got big cash factor
4. Got reasonable div factor
5. Positive earnings factor
That means got 'R 'factor can buy or sailang loh...!!
Insas hathaway is the best ' R ' factor stock 2021.
Don missed this opportunity loh
Posted by faizal > Feb 21, 2021 12:20 PM | Report Abuse
Cina boss banyak suka jadi syndicate bikin business haram ahlong pinjaman ,mesin judi ,judi nombor internet, judi bola ,jual amoi pelacur , kelab malam , jual ecstasy ,piramid scheme money games , korek wang syarikat dari pasaran saham .
2021-02-21 12:28
ironically, glove fanatics are short term punters because they think next QR result will be great. Not caring about what to happen the next year and so on. lol
2021-02-21 12:37
Even Sigurd OTB has given up on gloves after being cheated 3 times. Otb is smart and flexible to switch into tech stocks
2021-02-21 15:09
you are a lying gambler, old man. you dumped all your jaks, hengyuan, eversendai, dayang etc, after playing on margin.
don't come here and talk kok.
2021-02-21 19:40
Sri Trang Rubber glove factory in South Thailand in flames
https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames
It takes 18 months to build new capacity....but only 1 day to wipe out 1/3 of existing capacity!
2021-02-21 20:05
BREAKING NEWS: A U.S. Vaccine Surge Is Coming With Millions of Doses Promised [Bloomberg] (STOCK INSIDE)
https://klse.i3investor.com/blogs/emsvsi/2021-02-21-story-h1541198564-BREAKING_NEWS_A_U_S_Vaccine_Surge_Is_Coming_With_Millions_of_Doses_Prom.jsp
2021-02-21 21:32
A person with good knowledge does not mean to have good personal characters
2021-02-21 23:48
When that person feel offended, all kinds of 4 letters words will fly around.
2021-02-21 23:51
Good luck to the one who said “more gloves are needed because more surgeries are in waiting list”, pls continue to hold your glove stocks, it will give you fantastic returns, as KYY is at your side.
2021-02-21 23:59
Great! it gets cheaper now, it’s wonderful opportunity to buy with lower price!
My TWO CENTS ADVICE for all glove stocks lovers, time to go for it, follow KYY & probability will surely win big!!!
2021-02-22 09:50
NEVER GIVE UP NEVER SAY NO, GO GO GO FOR IT!!!
I am just an uncle eating peanuts & watching show only, no need to bother me, go & grab your prize of winning big in glove stocks, especially in Supermx, hooray!!!
2021-02-22 09:51
Since you said the whole bursa investor is sssssstuuuupiddd you already a loser. Estimated you loss a lot in supermax even you keeps on hard sell in your article to buy call. It has proven supermax price keeps on dropping. Does this call yourself a successful investor? Your are not qualified to said ppl are sttuupppidddd
2021-02-22 10:21
Long term investors are more successful - Koon Yew Yin
Yeah, most likely. Here is an example of you getting "Margin Called" with your dear wifey:
MADAM TAN KIT PHENG 30-Nov-2018 Notice of Person Ceasing 9,000,000 0.000 View Detail
MR KOON YEW YIN 30-Nov-2018 Notice of Person Ceasing 20,463,600 0.000 View Detail
MR KOON YEW YIN 29-Nov-2018 Disposed 7,610,000 0.000 View Detail
MR KOON YEW YIN 28-Nov-2018 Disposed 7,583,600 0.000 View Detail
MADAM TAN KIT PHENG 23-Aug-2018 Disposed 620,000 0.000 View Detail
MR KOON YEW YIN 23-Aug-2018 Disposed 909,000 0.000 View Detail
MADAM TAN KIT PHENG 21-Aug-2018 Disposed 2,043,600 0.000 View Detail
MR KOON YEW YIN 21-Aug-2018 Disposed 1,950,000 0.000
Wifey and yourself forced to dump JAKS in 2018?
Why dear Fool Yew Yin? Would a "long term" investor such as yourself be in such a dire situation?
2021-02-24 20:01
PureBULL ...
2 CYCLES P.A. ON KLSE
1 cycle has abt 4 months up to be followed by 2 months down + - 1 month period.
The THEME in play now by Mr Mkt r
a. TECH in semicon, equipment, EV.CAR material co.
b. EMS stocks i.e. VS, SKPRES, ATAIMS, FPI could be just in their new beginning ...
How to catch right stocks at right timing?
In every new cycle, the great winning stocks r born in the bear or dull mkt.
Any outstanding stocks that dare to shine high n beyond with vol = i.e. the new Champion stocks = buy them early we must...
Every few weeks, there r a few like D&O, MPI, UNISEM, the Ms U stock ...
2021-02-20 06:22