I also curious. Of the whole bunch of listed companies, only glove companies make the most money. Petronas earnings? What about MPI, someone pls compare MPI, Tech stocks to glove and see what are their prices now, DIY, PER. No shares can compare to gloves.
Whether he is a smart investor or not, helping ppl to earn more or what his greatest mistake is telling ppl to use margin to buy shares. I hope not many ppl flwg his adv buying using margin.
Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels
Note: this has not take into account re-rating catalysts:
a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK) b) Skyworlds (2Q) and Resorts World Las Vegas (summer) c) Celularity Inc listing (2Q21; assume 10% holding only) d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back e) Resorts World NYC expansion f) Resorts World Hudson Valley g) New York state sports betting license bid h) Japan Integrated Resort (IR) bid i) Resorts World Sentosa upgrading j) Plantation - CPO record high k) Energy - Brent crude oil above USD 60 l) Property - Cyclical sector in an upcycle m) Life Sciences - Huge potential (see US biotech and genomics co's) n) International borders reopen / travel bubbles / vaccine passports o) WHO declares pandemic over
Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.
You are not wrong historically, however majority of market players anticipated that glove profits will dropped tremendously. Stock market is looking forward kind of thing, not looking backward.
Replied to: moregain I also curious. Of the whole bunch of listed companies, only glove companies make the most money. Petronas earnings? What about MPI, someone pls compare MPI, Tech stocks to glove and see what are their prices now, DIY, PER. No shares can compare to gloves. 02/03/2021 8:24 AM
Hi, my 5 cents worth. A Swiss Trade Axiom, "Trade What The Market Wants, And Not What We Want". If we follow this axiom, we will slowly discover that "trading is fun".
@ cching86. Agreed with the Swiss boys. They're astute traders. Geezer don't seem to understand trading yet borrow so much on margin to trade. He is reckless, arrogant, boastful. In short, he deserve to lose.
Share price doesn't have to follow the PE or EPS standard level.
If you fix the post pandemic healthcare stocks to PE 5 (2021-2022), you'll see the logic behind the drop.
PE of 20 is for business with a bit of growth. PE of 40 is for business with a lots of growth potential. PE of 80 is for business with potential monopoly. PE of 10 is for business with a little of growth potential. PE of 5 is for business with a potential loss in the coming years due to competitions and price crunch.
And again, this is just a reference. The standard may change.
PE of 5 is for business with a potential loss in the coming years due to competitions and price crunch. ------------------- so true, when hengyuan trade above 16 in 2017, the PE is only 6 ... and we all know what happen next ...
Noob KYY. Asking other people to bail out his gloves counter.
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.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 275 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11439 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Hotstuff
3,273 posts
Posted by Hotstuff > 2021-03-01 22:51 | Report Abuse
he is desperately to earn back his billions so he can die peacefully