D&O is still sitting on handsome paper gains even now...... haven't really burst.

The technology bubble is bursting.

Rising air cargo costs is going to hit all tech companies..... all electronic goods are shipped by air.

https://www.cnbc.com/2022/03/04/ukraine-news-russias-invasion-is-driving-up-air-cargo-costs.html

Many investors in D&O are still sitting on huge paper gains.

Remember from what price D&O started to really zoom up..... that gives you a guide as to the bottom.

The bubble is bursting.

Stale bulls waiting to unload....

Dead cat bounce.

But there will be several " fools' rallies" .

All bubbles will burst eventually.

The bubble is just beginning to burst.

Even if you want to buy, make sure you bargain very low.

It's just the beginning of the downtrend .

Skating on thin ice.

We hope not, but it could also be the mother of all crashes.

The panic haven't really started......it's coming.

Yesterday 's rally was a bear market rally, also called a " fools' rally."

Bubble bursting....

Skating on thin ice.

Bear trap.

D&O Q4 results will be released tomorrow. Very good results expected...... everyone knows already.

Any rebounds will be just technical.

Technology bubble bursting.

I think it's in bubble territory.

PE ratio unrealistically high.

Seems over-priced.

China's new electric vehicles sales starting to fall in January after government cut electric vehicles subsidies.

https://www.reuters.com/business/autos-transportation/china-jan-auto-sales-see-first-monthly-rise-after-eight-months-falls-2022-02-18/

PIE's main contract is Nintendo's Switch.

https://www.reuters.com/technology/nintendo-make-20-fewer-switch-consoles-because-chip-shortage-nikkei-2021-11-02/#:~:text=TOKYO%2C%20Nov%202%20(Reuters),the%20Nikkei%20business%20daily%20reported.&text=%22The%20supply%20and%20demand%20of,and%20is%20affecting%20Switch%20production.

Nintendo already announced huge fall in sales of SWITCH computer games due to chips shortage.

....... possibility of peak profits.

Becareful..... labour costs rising.

https://www.bloomberg.com/news/articles/2022-01-13/bmw-hits-record-annual-china-sales-on-luxury-demand-ev-push?srnd=premium-asia

https://www.scmp.com/business/china-business/article/3162259/chinese-ev-firms-are-flush-orders-tech-such-autonomous

@gemfinder.....D&O is more of an automotive stock than a tech stock. The bulk of their market is the automotive LED industry. Not really tech.

No visa for Andy in China. China too smart.

https://www.cnbc.com/2022/01/02/tesla-tsla-q4-2021-vehicle-delivery-and-production-numbers.html

Once big speculators start to promote a counter , it is time to be careful about that counter.

Huawei will speed up autonomous driving in EVs.

https://www.cnbc.com/2021/12/23/huawei-joins-chinas-electric-car-race-in-competition-with-tesla.html

Golden rule no. 1 : never follow KYY's advice.
Golden rule no. 2 : never forget Golden rule no. 1.

Fund manager collecting.....

This stock is meant to be invested for many years, not just for this year.

Whether certain companies deserve high or low PE ratios is up to the market to determine, not up to anyone of us to decide.

https://www.cnbc.com/2021/11/30/auto-executives-say-more-than-half-of-us-car-sales-will-be-evs-by-2030-kpmg-survey-shows.html

Topglove spent RM 2 billions in share buybcks...... and the share price dived even more. All wasted.

https://www.reuters.com/technology/xiaomi-open-car-plant-beijing-with-annual-output-300000-vehicles-beijing-govt-2021-11-27/

Terrible and selfish.