I still remember uncle said what goes up must come down,supermax from march until now still up almost 1000% or more.i still remember hengyuan from 1.92 up to 19.90 then down to 2.55 last month
The chart shows declining daily new cases in US but the author said otherwise.
With 'irrational' selldown in gloves, it is a rare golden opportunity for Mr Koon to Sai Lang. Mr Koon should be very happy to buy when others ate panic selling
1) The Black Death occurred between 1347-1351 and killed approximately 75-200 million people
The Spanish Flu occurred between 1918-1920 and killed approximately 17-50 million people
- The pandemics ended quicker and with lower deaths
- Both ended naturally without vaccines
2) The COVID-19 outbreak started in Dec 2019
To date it has infected approximately 80 million with 1.76 million deaths (mortality rate 2%)
- On 11 Jan 20, the SARS-CoV-2 genetic sequence was published
- On 13 Jan 20, just 2 days later, Moderna finalised its COVID-19 vaccine codenamed mRNA-1273
- In Feb 20, the WHO stated it does not expect a vaccine to be available for 18 months
- WHO's minimum criterion for COVID-19 vaccine efficacy rate "~ 50% point estimate"
- In Mar 20, the WHO declared COVID-19 a pandemic
- In Nov 20, barely 10 months later, Phase III clinical trial results of mRNA vaccines were released - Efficacy rates - Pfizer-BioNtech 95%; Moderna 94.1% - far exceeding requirements and what was ever thought possible
- In Dec 20, both mRNA vaccines were approved. Mass vaccinations in many parts of the world began
- The mRNA vaccines (and others) took less than 1 year to develop from proof of concept to human trials to approvals – what it takes on average 10 years to achieve
- mRNA vaccines are ground breaking medical technology that has multiple uses outside of the pandemic
All unparalleled feats and a miracle of modern medicine
Total Doses in 2021 (as at 28 Dec 20)
- Pfizer-BioNTech: 1.3 billion doses - Moderna: 500 million - 1 billion doses - AstraZeneca: 3 - 4.5 billion doses - Novavax (1.3bil); Curevac (~400mil); J&J (~1bil) - Gamaleya Institute Sputnik V (~1.2 bil doses) - China - Sinopharm (2; ~1bil); Sinovac; Cansino
My sincere advice is to diversify your portfolio into true, direct recovery companies
Top Pick is Genting Berhad (3182)
You have been in the market longer than many of us and been through more crises
1987 Black Monday 1997 Asian Financial Crisis 2008 Global Financial Crisis 2020 Covid-19 Pandemic
You would know that after all these years where many other companies have failed…Genting alone stands tall, not just surviving but having grown over the years...and now is on the cusp of a super growth cycle powered by: -
Skyworld Outdoor Theme Park Resorts World Las Vegas Japan Integrated Resort Bid Genting Plantation (CPO record high) Genting Power, Property, Oil & Gas (cyclical sectors in a massive upcycle)
Don't keep on believing gloves stock will make a comeback shortly despite even with their superb and abnormal earnings in another few more qrly results . U will loose until u too late to regret if you keep leveraging fighting against the odds illogically . The trend for gloves stock is over and it may post wonderful and fantastic results won't going to move up the shares price . Many people get burnt up this time around including myself recently bcos of the illogical senses that gloves stocks are posting continuous wonderful results with higher demands and asp . That's why keep many unbelievable and got stuck up .
Even if there's a technical rebound it's short-lived and to further retreat . Stay Safe and get your resources protected .
It Will Take a Decade to Vaccinate all Americans ------------------------------------------------ 'We certainly are not at the numbers we wanted to be at the end of December,' he said. Dr Jha was more critical, warning that the vaccine rollout in the U.S. is following a familiar, disastrous pattern. 'We're repeating all the mistakes we made with PPEs and testing all over again,' he said in a separate Today show interview.
LOL. He always play fool of retailers. One time say Topglov good others not good, later keep changing. Fox! No integrity person, no doubt he did charity but the personality is still no integrity.
Yu_and_Mee, what's the point if the old cunning fox uses ill-gotten $$ from conning innocent retailers to do charity. The charity act will not be able to redeem his sin.
Making money in the stock market requires certain skill set. Its not so simple as telling the whole world to buy the share you hold because its selling for a song. If it was so simple, then school boys can also make money. Looks like this old goon has a lot to learn.
@Yu_and_Mee have you observed that the people who go temple, orphanage, old folks' home to do "charity" most often are those people who make a living in vices and sin business?
He have not integrity indeed. Everytime kepala pusing one. Say until illogical and very loyal then turnaround said he gave up. Then when price up then he post another article again say he buy again.
This old geezer has used this Internet space to manipulate shares he dabble for big gains. He will say anything just to lure traders to support him and buy his stock pick. Once he has unloaded the shares, he will turnaround and shit the company kaw kaw. This is an example of a man without ethics. Never trust people without integrity.
Keep on using the old method of calculation but didn't notice the trend for gloves stock is over . Maybe he needs another margin called to make him admitted his flaws . U can be rich but not certainly to be wise and fight against the odds . Hedge funds are oledi changing direction so how powerful can u alone to fight against the odds .
No more averaging to loose foolish money even if u can afford . Is rather insane not to preserve your funds and buy others stocks for coverage .
Take Insas and Kenanga as example. Based on their latest Sept 20 quarterly EPS of 9.85 sen & 7.03 sen, both should record single digit PE of less 5 times if their earnings sustain over 4 quarters. But why is their shares selling for pennies? The answer lies in their business. It is perceived that the earnings are not sustainable and is volatile in line with the trading sentiment in Bursa. Currently, it's red hot in Bursa with daily record volumes but why do investors not buy these shares like no tomorrow? Because of the perception that their earnings are not sustainable. So, this old geezer has much to learn in the stock market. It will be difficult for this old geezer to earn back his credibility due to the many stories of deceit posted in i3, cheers.
This old geezer should look at so many companies selling at single digit PE in Bursa apart from glove stocks. Anyone pushing them up? NO. The reason is simple. They do not perceive these companies to have sustainable earnings at current prices. So, old geezer has a lot to learn although he boast of his broken track record even though he has a trail of losers such as Xingquan, JTIASA, Jaks, Dayang, among others. His golden rule and business sense is nothing but bullshit.
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....
Dartmaster
1,029 posts
Posted by Dartmaster > 2020-12-29 20:34 | Report Abuse
Grandpa koon holding price is rm 1 you guys can play with him meh?