Tomo onward is good time to accumulate good tech stocks. I will buy in stages. I start sell my financial stocks. Tech stocks not so fast game over lah...

oh no. Hope covid cases will not increase again... I like to go oversea leh...

https://www.enanyang.my/%E5%85%A8%E7%90%83%E5%A4%A7%E6%8A%97%E7%96%AB/%E3%80%90%E5%8D%97%E8%A7%86%E7%95%8C%E3%80%91%E6%8E%92%E9%98%9F%E4%BA%BA%E9%BE%99%E4%B8%8D%E7%BB%9D-%E9%A4%90%E9%A5%AE%E4%B8%9A%E5%8F%88%E6%B4%BB%E8%B7%83%E8%B5%B7%E6%9D%A5

In order to be safe in CI, Super price needs RM 6.00, to overtake Sime at 30th position as Mr Diy (PE 72, 21th position) will kick Super out...

Look like market has started to realise the value of Top Glove, soon they will realise the value of Super too. I have both.

Funds now switch from high PE (tech) to high yield stocks namely banking stocks. Tg also low PE and high yield stocks. Super a bit kiam siap on dividend despite having RM 3 billion cash.

Do not dream of getting price like RM 2 and RM 3. Pls do some homework. If you have no idea of how a company is valued either thru DCF, forward PE or other simple valuation like cash per shares etc, then better don't waste time here. RM 4 is already a fire sale price. I am very happy to collect more at this price.

Tesla dropped more than 30% in 2021. Tech stocks in adjustment and lots of tech investors start losing money whereas glove stocks bottomed and offering high yields esp top glove in terms of dividend...

Uncle always said a trader cannot make much money.

TA is more important than FA if you are trader. Since when uncle KYY became a trader than an investor?

Top glove will have dividend yield of around 13-15% this year 2021, 2022 maybe 10% etc.

One thing for sure, after this reshuffling, the value has merged and big 4 gloves are very oversold position.

Funds are also switching from tech stocks to high yield stocks as you can see banking stocks are uptrending for past 1 month. Are glove stocks also changed from pandemic play to high yield stocks after adjusting for the last six months? Super for example, net profits for coming 3 years = mkt cap currently or PE3. Gloves are cash cow. It could be have net cash of RM 10b in next 3 years...

KYY used to be investor but lately he is like trader. But he does not have trading skill that is why got burnt by gloves...

Glove is not suitable for newbies due to its volatility by sharks, hedge funds, funds rebalancing etc. Do not simply trade (either for short term or long term) unless you have special skills like old fox Charlie, OTB etc... even KYY also surrendered,haha.

https://klse.i3investor.com/blogs/bursainvestments/2021-03-02-story-h1541975241-Supermax_Trading_at_Forward_PE_of_3_3_While_Sitting_on_RM3_56_Billion_C.jsp

Monday price at about RM 4.1 is the bottomed price if use simple math..3 years net profit about RM 10 billion vs market cap of RM 10 billion with current cash balance about RM 3 billion. Any price near this is bargain price. I bought between RM 4.1 and RM 4.2+. I am very happy to hold it...

Super is in 34th place in term of market cap whereas MrDIY is in 21st place, super needs to be in 30th position in order not to be kicked out and replaced by MrDIY.

Stanley needs to do something about and i am sure he will otherwise really no face, inclusion within 1 year then get kicked out again. And it needs to maintain price of more than RM 5. I feel Sime (30th position now) should be kicked out as this stock is not performing for a long long time.

i like this fire sale price, who is so kind to see me RM 5.93?

now RM 5.93 is very good buy. I sapu all...

Supermax needs to go back to at least RM 5 if they want to maintain as CI member to be in 30th position as its position will likely be taken over by MR DIY which now at 21th position

i think IBs sapu a lot of KYY forced sell stocks at depressed price yesterday, that was why such a big volume yesterday. I also bought a lot during yesterday fire sales. Big funds collect enough and they have to push up price

If not sure, better don't buy. Buy what you know...

Good news KYY was out. Funds are very clever ones, you think they will push up high high for KYY to sell meh.

RM 4 should be bottomed with PAT for 3 years around RM 10b vs market cap about RM 10b at RM 4 per share like i said earlier.

Recovering nicely...

simple math. Tech stocks will face same fate as glove stocks. Now is price to dream ratio as they will face ASP, oversupply issue and competition soon whereas glove stocks value has emerged. Tesla has dropped fr USD 880 to 686, a drop of about 30%

Price should be bottom yesterday at around RM 4.10. 3 Years PAT of about RM 10 billion vs current mkt cap of RM 11b at share price RM 4.20.... This is a crazy price due to panic sales...

TG and Harta price is very attractive now from its fair value, DCF and dividend yield. Super is more speculative on its OBM model and US ventures and agreement with US govt which gives a lot imagination on its valuation.

The risk is getting higher for tech shares. That is why i sold most of my tech shares lately like MPI, Unisem, D&O etc and buy higher yield stocks like TNB, banking stocks and some glove stocks. Given its volatility, glove stocks are not suitable for newbies unless you have special skills like Charles.

Busy buying this morning. Should be bottomed at this morning for now. Top glove is very stable now and should lead the recovering

https://klse.i3investor.com/blogs/bursainvestments/2021-02-28-story-h1541944362-Top_Glove_Notes_on_ASP_from_Application_Proof_for_Hong_Kong_Listing.jsp

A good analysis and discussions among i3 sifus

Don't know uncle KYY also being purged this round?

This round of cleansing has made gloves priced as though pandemic is over... I have no compliant and happy to buy more at low panic/fire sales price.

90% traders/investors lost money as they cannot see value in a stock. many still chase tech stocks while i am happy to sell gradually...

I am very happy with this price, will not hope for RM 4. If can get RM4, more than happy to buy more.

I sold tech stocks like MPI and Inari. looking to buy good yield stocks. Top glove, super and TNB suits me good. Top glove and super are so cheap now...

Charles, your chicken rice price not reach yet ah? Already dropped more than 20% in about 1 week...

Value emerged. A good price to collect in batches.