exit supermx c96 at 1.10 12% profit. same reasoning plus fibo chart breaking trendline however in retrospect could have calm my balls down and not check the prices too often. bad bad.
bought TGUAN at support. Big retracement plus resin price stablized from Dec 2020 high. Plus not using many spotprice resin for current production. Growth story still intact with increased production line to cater for SF and courier bag. ADD.
bought TGUAN at fibo support 2.05 and heavy selling. shipping problem resolved for now (ref: alvin ang interview) but raw material price still up (claimed to do hedging on this). Growth story still intact but wait n see on myanmar junta siege effect on newly invested factory (30-40m). Long term story still intact
sold tecfast in 2 batches into spikes. @0.455 and 0.575. loss 8%. diversifying from cleaning sheet business to oil trading and others. scuttlebutt info that cleaning sheets are not unique and easily replicable (no moat?). perhaps the reason why not expanding to international space?. sell at loss
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hariharikais
94 posts
Posted by hariharikais > 2020-09-14 17:20 | Report Abuse
reenter supermx-c96 last friday. 0.71 @ 5000 unit.