Gloves is just waiting for ASP to revert back to the mean. The longer you wait, the greater the fall. Why suffer when you can switch to recovery stocks where time is definitely on your side, as the longer you wait, the better the recovery, the higher the value and share price.
Investing is simple. Why buy a company when you know it's only a matter of time before selling prices go back to before pandemic...where the next few quarters profits are already expected and known by the market including every aunty and uncle and hoping for a greater fool to come along. Keep it simple and your investing will be stress free
Uncle YY, why very very very hard working promoting Supermx... Must be stuck in Supermx. Let’s pray for you Uncle YY. Uncle YY, go to bankers, bankers can help pinjam Rm to you. No need promoting Supermx... day and night la. Buat sendiri penat saja.
We will all grow old one day. We also have parents and grand parents. So respect the elderly irrespective of one’s investment style. There is something to learn from every episode.
Must promote ma. 80% of his portfolio on supermax... If Supermin lausai, all his hard work profit on Tguan, Jaks, etc will disappear on thin air... My advise to uncle is hold 2 more months
Still writing the same old shit which is public knowledge. The golden rule in the stock market is to avoid down trending stock especially when you're on margin. Like they say, no money don't try to play big. Anyway, the SC should probe these articles written by those with vested interest without any investment licence to promote their shares. This infringes the new regulations issued recently by the authorities. Someone should alert the SC on this.
I am not encouraging you to buy or sell because your trading volume will not affect the share price as the daily traded volume is tens of million shares.
Glove stock not all doom when pandemic over ASP drop say 3 years later. By that time glove company might have billions in their balance sheet. You need to determine net cash per share by that time and with those cash glove companies can diversify into others sector say technology.
No one has considered the effect of Inflation. At this time Government spending, which by the way they have to do, will spur inflation levels high. The general outlook is anaverage of 3-5% inflation yoy.
U need to very becareful loh....company like topgloves, with about Rm 50b mkt cap...with nta per share of 70 sen or shareholder funds below Rm 5b loh!
Even if topgloves gain another Rm 5b, it is still a long way from the current mkt cap of Rm 50b mah...!!
Posted by gladiator > Jan 3, 2021 11:55 AM | Report Abuse
Glove stock not all doom when pandemic over ASP drop say 3 years later. By that time glove company might have billions in their balance sheet. You need to determine net cash per share by that time and with those cash glove companies can diversify into others sector say technology.
Posted by stockraider > Jan 3, 2021 12:14 PM | Report Abuse X
U need to very becareful loh....company like topgloves, with about Rm 50b mkt cap...with nta per share of 70 sen or shareholder funds below Rm 5b loh!
Even if topgloves gain another Rm 5b, it is still a long way from the current mkt cap of Rm 50b mah...!!
Posted by gladiator > Jan 3, 2021 11:55 AM | Report Abuse
Glove stock not all doom when pandemic over ASP drop say 3 years later. By that time glove company might have billions in their balance sheet. You need to determine net cash per share by that time and with those cash glove companies can diversify into others sector say technology.
What make he think more glove orders to come? Past orders could be stocked up by mid guys which can sustain usage without new orders for some time in the near future ..
Please please please dont play me! This stock not for mid or long term! Its for theme play only. Keep for dividend!? Are you joke please!? This company never give out 50% of profit as dividend, good!? excellent!? bad!? lousy!? For me, this counter is game over when the day announce bonus issue! Excellent company no need to issue bonus or what ever donkey show! The most simple way is take care the business and give out 80% to 90% profit as dividend non stop!
The big sell-off has started on the very 1st trading day of 2021 for the glove big boys. Margin players will be running helter-skelter now. Let's see if they're still saying is illogical to sell.
I am obliged to inform you that 90% of my investment is Supermax and 10% is Top Glove. I am not encouraging you to buy or sell because your trading volume will not affect the share price as the daily traded volume is tens of million shares.
Who sell the share price down when you guys trading volume will not effects the share price? Fund? IB? He looked down on dairy traders, but he forgot that when people group up, he is smaller then anything. He himself is a trader claimed to be investor. But true, he got money but no integrity.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
CCCL
621 posts
Posted by CCCL > 2021-01-02 13:29 | Report Abuse
Good luck to you!