Posted by CynicalCyan > 2020-12-19 13:14 | Report Abuse
Avoiding loss-making recovery plays like Airasia or Genting would have cost investors the rare opportunity to profit handsomely from bottom-fishing.
Posted by zhangliang > 2020-12-19 14:16 | Report Abuse
genting ok la, plenty of cash. Airasia, onli gullible ppl believe in the company. Even b4 covid oredi doing badly AAX, Airasia. Govt cable help thema lot.Otherwise long time game over. Whoever buy now making mistake.
Posted by Erudite > 2020-12-19 14:18 | Report Abuse
Tq 4 sharing.Politik isu over now can buy? still bullish 2021? Window dressing?
Posted by VenFx > 2020-12-19 14:24 | Report Abuse
Glove Surely will come back and roaring again.
I just sit quietly and wait for that moment.
How much more to the furthur pressurised level ?
10% or 15 % ?
Am happy to slot in my 1st battalion
If a furthur drop of 7% from 18.12.2020 Friday closing.
Supermax & Careplus my monitor counters.
Posted by Sslee > 2020-12-19 14:55 | Report Abuse
https://klse.i3investor.com/blogs/Sslee_blog/2020-12-19-story-h1538283970-Glove_sector_behind_the_profit_growth_story.jsp
A normal profit growth is by capacity increase thus sales increase, revenue increase and net profit increase but NP margin stay almost the same.
Under unnormal condition like covid-19 where demand spike and fear of shortage causing buying frenzy and price increase thus revenue increase, net profit increase drastically because NP margin increase by many folds
The 3X or 10X is an ethical question of how much the selling price allowed to increase before the question of taking advantage of a situation to make excessive or unfair profit arise?
The next question is what will be the NP margin once the demand spike by covid 19 is over and with the increase capacity and many newcomers joining the game?
Posted by Kimly2 > 2020-12-20 18:19 | Report Abuse
Pity guy, bought high keep to low
bless u, dude
VenFx Glove Surely will come back and roaring again.
I just sit quietly and wait for that moment.
How much more to the furthur pressurised level ?
10% or 15 % ?
Am happy to slot in my 1st battalion
If a furthur drop of 7% from 18.12.2020 Friday closing.
Supermax & Careplus my monitor counters.
19/12/2020 2:24 PM
No result.
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CS Tan
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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....
Agjl
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Posted by Agjl > 2020-12-18 09:40 | Report Abuse
Hi tradeview, whats ur view on the soon to be lifted RSS? The end of gloves?