If the price is high in HK, you think Malaysian will sell there or not? Will bring press down also

It’s known that anyone can venture into glove business. Do you see many companies venture into automation, ATE? Everyone should know 5G, automation is the future right

beginner @ken
Currently company shares issued~8.2bil
New shares listed in HK~1.5bil

Total shares after HK listed 8.2+1.5=9.7bil shares

A)Current company cash~ RM1.2bil
B)Fund raise from HK share ~1.5 x 5.20=RM 7.8bil
C)Company profit in coming 3 years~
RM 3 bil per Qx 4 Q x 3 years~RM 36bil

MPI
Shares: 209m
Cash: 968.12m
Your price: 968.12 / 209 = ~rm4.63
but today mpi is RM37, RUN!!!!!!

lol

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Wah like this calculate one ah? This shows that you know nothing about investment.

@mabel, of course I know. Basically you buy almost all the stocks which went up. Be it big cap or small cap stocks. Which share that goes up, you’ll be there

Better go MPI, Greatech, Penta, Inari. 5G, automation, EV is real. Nothing can stop.

Just saw in the telegram group. There’s this guy who say he buy topglove can sleep well. If he buy tech, he’ll need to keep on monitor.

Obviously this fella got no investment/analytic skills. He doesn’t know what’s going on in this world.

If you buy topglove beginning on this year, you’ll have having 15% paper loss. But if you buy tech, you’ll have a nice paper gain.

Maybe this fella is some old uncles that follow the old way of investing.

Don’t calculate PE using current earning. Calculate using future earning with lower ASP

Sorry to say that EV CAGR until 2030 is 21%, higher than gloves 15%

Forget about gloves. Just invest in technologies. Automation, IR4.0, EV, IOT is the future. Many more exciting things to come. Glove is just about ASP that’s all.

Shift your mindset. That’s how people make money nowadays. Don’t use those examples set by the old gurus and use it nowadays. Time has changed.

You’re not confident in technologies that’s because it’s still new. Meaning there’s room for improvement. If you’re confident in it, then it’s most likely reached a matured market.

For instance those blue chips nowadays used to be small companies back in 1990s. Many people are not confident in these blue chip companies back then. Now you’re confident in it but they provide a slower growth rate. Don’t expect blue chips to give you at great return like Greatech, UWC.

Wow, people here used to compare topglove with Coca Cola. Now they’re comparing with Apple and Amazon? Syok sendiri to another higher level.

Impressive results by MPI, Inari, Frontkn, Penta, Vitrox. Tech is the future

Impressive results

Wow, 30million profit!!!

Hello Mabel, are you dreaming or living in your own fantasy world? Only IDSS and PDT extended. RSS still allowed. Why not you start a petition and complain to bursa and SC.

MPI up 7.7%!!!

Don’t compare yourself with director. They got majority of their shares when they set up their company back in 1991. Their average is even below 50cents.

You see supermax boss still enjoying his luxury lifestyle while supermax share price dropped more than 50% from top.

That’s why I said, topglove just buy small amount at this price. Go big on MPI and Penta. You see all tech stocks fly.

Better go big on tech. Almost all tech companies report robust quarters and better quarters ahead. Nothing can stop 5G, IR 4.0, EV.

At 5.2, it’s worth to take a bet. Just don’t go all in.

Mabel is a scam. Don’t believe in what she says. She literally bought every stocks that goes up lol

Let’s not forget Greatech as well.

Sales of electric vehicles are also expected to grow at a compounded annual growth rate of 21.1% to reach 27 million vehicles in 2030.

21.1% CAGR!!! Higher than gloves!!! Time to go big on MPI, Penta.

https://www.theedgemarkets.com/article/do-net-profit-surges-119-4q-amid-higher-demand-auto-industry-recovery?type=malaysia

Copied from Inari’s report:

The semiconductor market overall is not negatively impacted by the COVID-19 pandemic, instead the pandemic has influenced consumer behavior to shift towards higher purchases of technology devices such as smartphones while narrowing spending for other essentials.

Breaking: Inari post it’s best quarter results!!!

https://www.theedgemarkets.com/article/inari-amertron-posts-best-quarterly-net-profit-2q-pay-25-sen-dividend?type=malaysia

Better switch some of your funds to tech sectors.

6000 units is nothing. It’s just RM40k.

What so surprise about it? Boss been buying back shares since last year .yet the share price still drop

Where is iloveglove and la huat?

Frontkn, Gtronic, Vitrox all reported good quarters due to robust demand. This shows that tech demand is strong moving forward. No signs of slowing down. Vitrox reported improving results for four consecutive quarters.

Whereas in here, ASP is expected to decrease soon. Better run to tech. Don’t just look at PE. Tech never dies. Barrier of entry is high unlike gloves.

Better go for MPI and Penta. If you don’t know what these two companies does, it’s okay. You just ask yourself is EV, automation, 5G the future trend. If yes then just buy at low.

And let’s not forget then king of recovery. Genting Berhad.

Topglove still want get listed in Hong Kong ah? Better go for US Market.

MPI and Penta recently drop back. Good chance to top up. EV, industrial automation is the future. Even topglove and moving into automation.

Buy Genting for recovery, buy MPI and Penta for the future.

MPI, Penta and Genting. These are the good counters you can go for

Massive syok sendiri at telegram group

Correct. It’s karma. Keep asking people to buy and hold. Then now suffer huge paper loss which fat dividend also cannot cover. 罪过，罪过，罪过啊！

Correct. Even if topglove drop to RM2, tan Sri still got few hundred million net worth. Buy you as retailers? Gonna cry and don’t sleep well. You see Stanley buy luxury condo although share price down 50% from top.

@nicholas99, I told them not to chase high also. But kena ban. I already say I’m working in IB, I know what happening. They don’t believe and die die want buy at high price

Hahahaha let him hold his glove and sleep. This iloveglove, la huat all disappear already. Maybe busy cutting loss now

Where’s the guy who say market got no problem absorbing the selling pressure? Hiding? Kikiki

Endgame

Wealthgrow7 Hold, don't sell your share at cheap, maintain at your target price. Some people want you to sell because they may want to buy at low price. If today price is a gain then sell, if it is a loss, then hold because the best price is yet to come. Sometimes waiting is gaining.
24/02/2021 7:57 AM

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You say if today price is a gain then sell, and best is yet to come. So is to sell or to hold? Why want to sell at a small gain since the best is yet to come.

So your intelligent investing is just averaging down? That’s so smart man

It’s funny when those glove lovers says people if want to gamble, please go other counters. Topglove is for serious investors.

Let’s look it another way. They keep on average down and hope it will go up high one day. Isn’t it gambling as well. What worse is they cannot afford to lose. That’s why keep average down.

When I asked you guys not to chase high. Say this la that la. In the end? You’re the one who suffer paper loss. Told you don’t mess with IBs.

These people really don’t know how to invest. When you see the vaccine being announced, glove counters gap down. So now you know vaccine gonna reach last week. Of course glove counters will be down as well. This is market sentiment. Still die die want to collect before CNY.

I’ve been hearing people say hold long term and don’t worry. Buy on dip. People are saying this from RM8 till RM5. You want it to drop below RM5 only wake up?

While you guys are having deep paper loss and affecting your emotions, glove makers are enjoying their luxury lifestyles.

From RM6.9 drop until RM5.7. 17% drop, dividend also not enough to cover the paper loss. Plus your money stuck there for some time

While you guys are holding in deep paper loss, he’s enjoying in this luxury condo. Even with 3.8cents dividend he also is rich

Topglove is already a 50b company. Do you think it’s easy to push the price up till RM9 in a short time? Please wake up.