And of course when to buy and when to sell is up to you. Personally I would hold till at least 7... it won’t happen overnight .... I’d rather it inch up slowly and hold...which will happen when people stop panic selling. Please lah, patient a bit !

Words from an experienced investor yesterday....I’m just copying and pasting because he and other guys here who say hold , don’t sell make sense.
***************************
Inteligent Thanks Blackhawk.
I was just laughing looking at all the tin kosongs who dont study the business background of this company.
Talking by just at looking at sentiments and graphs.
If u want to invest , invest intelligently.
Or else put your money elsewhere.
Im telling u again today hold till next 3 Q
TP Will surplus 15 or even 20.
18/08/2020 7:05 PM

Inteligent Just don’t monitor everyday, will just burn u
18/08/2020 7:07 PM

It’s erratic but ok....after all that time skydiving......no way I’m selling and not going to worry anymore. It’s not a horse race which lasts ... how long is one race ah? I know it’s a few minutes only right. It’ll go up slowly but surely.

@thetruthoracle - will do my newbie best to share any relevant information. Really appreciate yours and other supporters input. We can have a better nights sleep tonight.

Baptism of fire for newbie investor!

@Intelligent - newbie lor (shamefaced) ...I never pretended to be otherwise ... I got no balls one...got holding power but still chicken hearted. I actually saved all your advice into Notes to read when I start panicking ...hahhaah ! Got me through without panic selling with loss ! Thanks for taking the time to advise the newbies.

Yes Batfly...can see that now. Thanks!

After suffering for 12 days, I hope I’ve earned a second chance to plan my trading properly ...when I gave my Broker instruction to buy in at 4.74, and averaged up, I didn’t do some simple calculations for myself first. Thumping out a large sum of money for more shares didn’t give me much more profit if I wait to sell at say 5ish. I need to wait for a much higher TP price to see a decent profit. I should ask myself if I am okay to thump out so much more to average UP...aiyah so dumb right?
Very very newbie mistake, I need to do my own analysis and research and have an exit plan so I have a much happier trading experience.

@thetruthoracle - many thanks for keeping our spirits up.
Hope this will continue to rally just a little bit more for our brothers on the 5th floor. Now I feel like we can get there...

Also I don’t really see why people need to promote their counters here...this is a forum for Careplus shareholders.

Welcome to the 4th floor...happy for those who have been holding. Note to self- don’t listen to screams of buy, sell, or let’s buy and sell in one day to make money! Not for me.

@HNWIncestor ...upper limit is 4.03 today.

@LetsGoFly...thank you, but now we both know, don’t worry right.?..your turn is coming very soon....and looks like we were right to hang in there.

This time I will have my own take profit price and stick to my own plan. Just hope to have opportunity to put it into play.

3.52 right now!

@truthoracle ... thanks for all the info and research you shared!
@ contradex... thanks bro!

@emil ...I thought I was the stupid one in this forum but you can have my chair now, if you believe what you just listed out in the above.

Maybe it will never rally again because people have no money to invest due to the recession and ongoing pandemic ? It will just sit around the 2nd floor.

I know we keep going on about profitability and fundamentals ...but with supermax brilliant performance, their shares are diving alongside ours. So to a newbie like me, it looks like this dive won’t recover.?
Yes my average is 3.6ish and I am worried I must admit. I am a new investor with no experience and some money. Hope not to burn all.

Barfly- are you still on board...I know you said last week you go no confidence in K+ anymore.

Serious question ...wasn’t careplus really a penny stock before the pandemic purely because it really was in pennies? And it reported a loss too.

These last two weeks, I feel like I’m only conforting myself and shiok sendiri. Reality is...it’s diving fast and dunno when it will rebound...or IF it will rebound.

I’m royally fucked. Ii am truly stupid to average UP instead of down. Royally royally fucked.

Well my average is 3.669...still very pain pain pain

Liang88....hope you’re right, I’m a newbie kena kau kau.

No I didn’t run so I have to hold and watch my paper loss go up and up and up and up.

So hopefully the investment bankers and the scaredy cats will come back.
Possible they never come back?

Yup, company’s good performance has no positive effect on its share value. Rumours and more rumours make the value dive and dive.
News of Continued demand for its product also makes the share value dive further.

So what will make it come back up lah?

Eh actually ah guys, we have been repeating ourselves until I’m also quite bored now, but one question ...how can a profitable company’s share price continue to slide until the level of when it was running at a loss??
Really doesn’t make sense to me to think it will crash until few cents. How much lower will it go ? Can come back up to say RM4 or not this year?

@rr88...ok ok u can dance on my grave tmrw for good measure!

Aiyah don’t song crap song , after stuck in my hand lagi worse

Please don’t fall below 2 this week

Or let’s face it, bubble finally burst. It’s all downhill now. I think I have to give in.

@contradex ...get ready to dump all?

No more quick contra gains.

Long term investment.

Yes every time it falls it picks up to a slightly higher level. Hope it continues to inch it’s way up slowly but surely.

ROFL!

What is hc?

High five Blackhawk bro! It is our own money at the end of the day, very true. It ain’t over till you sell and then it’s game over if you’ve sold at a loss.
After a few days of reeling from this blow to my gut, I’m standing up again...not looking at the paper loss anymore...look forward...eyes on the prize!
I think by now the experienced guys have talked till mouths dry to reassure the newbies so let’s get out our heads now. Enjoy the rest of your Sunday and we look forward to green numbers this week.

@kory1310....I know how you feel and it’s nice to get some reassurance, right? Go back and read everything “Intelligent” posted and you will rest easier. I am
Like you...who buys at 4.82? I did ! Hahhaa....
I can hold for many months. If you can hold, don’t worry.

Very true SuperPanda!

And being down and worried over the value of our investments is also counter productive. I’m thinking of the guy who said in this forum this week that he couldn’t work all day because market crashed. Chin up folks !

We have to live with it for the time being and adapt to it. Personally, we have to continue to keep our distance and maintain our personal hygiene, wash hands often, use gloves where necessary and sanitise our hands all the time...all the usual stuff we’ve been educated to do.
Just take care...meanwhile, stay positive lor. Always down and depressed over the pandemic just ruins our health further.

I bought in again too high so i won’t be able to average down. Lucky for those who can.

Yes
No
Maybe

Hi Gooner82, it’s refreshing isn’t it? A non toxic environment with some positive vibes. There are all sorts everywhere.

@SuperPanda...I think definitely economy has everything to do with it.

@Black Hawk- I think given that the majority of the volume is not from retail investors like us...it shouldn’t have a huge impact? I’m going by what has been mentioned that it is the Investment Bankers who have ganged up to drive the prices down across all Glove counters. If that’s the case, the new rule will do is stop the smaller players who haven’t got enough from buying in big volumes.

@Batfly...please could you explain how you work out the TP ? Thank you!

I’m going to manage my expectations, according to Vespa, it took 25 trading days for Comfort to recover. I’m just going to hold and remain calm as advised by so many experienced investors.