Well say Calvin Wtk good rsawit good tdm good inck good PUNCAK good ioi good sime good genp good . Now plantation counter good after steel and construction Thanks Calvin sharing good point on plantation but property counter still not yet up so can try investment in good property like Glomac mkland Asiapac PMCORP Tropicana MAHSING ecow Ampro Ken Mct . Try do some research on property inside got gold . Glomac and Tropicana are my favourite then ecow and PMCORP are trade at cheap prices. KEN ALSO NOT BAD
All big foreign funds are on year end break, they have disposed all their holding and only will be back second week of January 2021. You guys, old fox, and stupid arrogant tansri can keep shouting but I can tell you it won't work !!! As I said many many times few months back, the boss has to to change his arrogant ego, and look into CSR, ESG more seriously, if not he has to face the bad karma. To make matter worst , whistle blower got sacked because taking photo.......I got the feeling TG will be bar from us market for a period until US is satisfied on the improvement of ESG issue.
Shouldn't sell since the quarter result gonna announce soon?? History tells time again & again & again the price will slump whenever result is out regardless whether it's record results.
Conman also have to face their KARMA. Writing day and night won't help if the heart is evil. For money, they will sell their family and tell lies without blinking. One day he will justify a thousand reason why you should buy, and suddenly the next day, everything about the company is bad, of course after he has sold. These are the traits of conman.
Don't trust. Glove rush has already passed. KYY posted so many articles regarding Supermx recently because glove counters are on downtrend, so he is trying to push up the share price to allow him to exit. Look at what happened to Topglov despite the ultra profit reported in latest QR. Investors already priced in the outstanding result of glove companies, therefore there are no longer any new positive factors to push up share price.
If you're smart, think forward and invest in Covid recovery counters. Just move on from glove already.
Looks at epf,chase up glove stocks now had to trim down like many retailers,glove stocks has been diluted many times every time there was bonus issues yet it is already a few hundreds or even thousands times up from the beginnings, isn’t it crazy to believe it can continue to go up,while blue chip like BAT is trading at around 80% discount and pessimistic after the budget 2021,and many lope holes being addressing and will come into effect 2021...ones is already up few hundred times vs another already down more than 80 times,your choice
Bat used to be foreigners favourite,while glove stocks are locally funds goreng,now the cigarettes market conditions started to change and the foreign funds may revisit again ones they get notice
Be aware of the lifting of short selling it could cause a heavy effect on glove stocks for many had jumped on the wagon during the talk up and now must closely monitor the lifting day coming
My research shows that all the stocks in the other sectors cannot report better profit growth rate than glove stocks. <---- LOL.. are you sure all the stocks cannot report better profit growth than glove.... ask FINTEC, bro
"Serious long-term investors should know the current down trend is only temporary."
Uncle should understand that this pandemic situation is also temporary. What will make the difference is how these glove company like supermax will use their cash.
If your buy back shares then it does not add much value. However, if the cash can be used to diversify into a new business and fast track the expansion this would add value for the company through diversification.
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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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....
calvintaneng
56,027 posts
Posted by calvintaneng > 2020-12-18 16:17 | Report Abuse
Real push now is from Strong Cpo prices for all palm oil stocks
During 1997/8 asian financial crisis
public bank fell to 80 sen
Maybank fell to Rm2.50
Nestle fell to Rm11.80
Everything collapsed
But palm oil went up
Same for Subprime Crisis of 2007/8
Market collapsed but Cpo rose to Rm4000
So palm oil did very well again
Now listen Cpo already crossed Rm3500
production cost only Rm1700
So palm oil will be strongly supported by earnings and more earnings
While glove like Supermax I bought at only Rm1.73 up a whopping 1,000% already palm oil is the only asset class not yet moved due to skepticism
John Templeton says
Bull market is born in pessimism
Grows in skepticism
Matures in optimism
Dies in euphoria
While gloves now reached optimism to euphoria
palm oil still face skepticism
Under such stark differences
Best is to sell glove on rallies and plough into Palm oil shares while price still reasonable
Final decision is yours
Calvin