That's how Jeff Bezos and Elon Musk amass their wealth and become the richest men in the world. Technology is ever changing and revolving. Hard for new comers to compete unless your ideas are really good. Glove making, on the hand, is easy-peasy. Every Tom Dick with money can venture into it.
He started to promote topglov when its rm25. Then, he switched to supermx. While others are busy selling to take profit. The market now cashes in early and prices are driven by expectation, not results.
skyz again singing the same old song. kuat promote means KYY wanna take the chance to sell his glove stock. when KYY suggest something, just do the opposite direction. he suggest buy, then you should sell. 18/02/2021 10:35 AM
Hi Uncle KYY, you don't use PE to value a tech company. You got it all wrong. Else, no one buying into wonderful tech companies like Amazon, Google, FB, Tesla etc. We need to base tech companies on revenue growth, strong balance sheet and business model. And pandemic theme is slowly evaporating in the air. Now they have high margins and volume but how 2 years down the road
Agree with uncle that tech stocks have gone too high and bubble might burst. Happened every Ox year for the past 5 cycles. Fortunes are made and lost. See what Jeremy Grantham has to say. However, gloves also cannot reach back the highs they attained last year
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....