cases in the world is spiking...the sharp decline earlier was purely due to lock down and subsiding winter ...brazil will perform worst as winter moves south
4000 cases per day for a country that has vaccinated 90% of its population like Israel...is truly giving a bleak picture
Dear Investors, It Is Time To Buy Gloves (Round 2) Author: buffetsystem | Publish date: Wed, 3 Mar 2021, 12:14 AM
It is time to buy back, my dear investors. The prices for the glove counters are very cheap now.
Don't you dare say " glove trend is over". The word "trend" is never suppose to be used in the stock market world.
I understand many of you tried to shift to new trends. So did I. And I am very confident that many of you have lost so much already due to the late news or are STUCK right now. Only some of you earned. Maybe only at most 10% of you jumpers earn at least 30% from different counter during these period of 1 month. I am not including those who have invested in a particular counter for more than a month.
Exactly, what do you all mean by "Trend" also?
The word "trend" is actually a very wrong terminology when the term is supposed to be "profitable" to begin with.
Of all the healthcare subclasses, why was gloves the most popular stock in year 2020? Why not a facemask manufacturer? EVERYBODY wear face mask for goodness sake. Not everybody wear gloves. Only a few special groups of people wears glove. Remember, sanitizer was a trend too but it was not in the spotlight.
Let's be clear. Gloves was the top choice because of "profitability". You did not invest in glove when you hear "glove trend". You invested in it because of the "profit". We jump into gloves because it was making a huge huge tons of profit compared to any other healthcare subclasses. These huge tons of profits are due to overwheming export demands for next 12 months. Increase rate of ASP. Plus, no vaccine.
This year, we have vaccines. So many jump away. Strangely, vaccine companies are not the highlight. It is semiconductors that receives the spotlight. Very odd that semiconductor is a specific counter that most people prefer to invest in. And it make sense that it is because semiconductors are earning big profit too. However, it will not make as big of a profit like gloves this year. Sorry but it is true.
Topglove and many other glove counters has already reported that they could not take in any more order for this year and could only possibly take in more orders for year 2022. Infact, there are some reports stating that they had to INCREASE their ASP by 10%. Go and ask around. You are surrounded by investors who are better informed than me. They will even show you proofs on my behalf.
Don't believe their orders are full? Go call these glove companies. Their numbers are on Google. Take the trouble and call them to ask. Don't be surprise when i say that new glove counters are also picking up in orders despite not having any production lines or few only. This is true. Don't believe? Call them and ask for yourself. You will hear the truth with your own ears.
If you think that any of my info is wrong. Show me that i am wrong. In fact, show me that they won't be profiting more compared to last year. Show me that one of the big glove counters still have rooms to order for this year.
At the end of the day, it is all about "profitability". Gloves counter in Malaysia will be number one again this year. Mark my word, you will remember this article. Don't say i never inform you.
Glove again? To me, it's a value trap. Glove mania has ended and its next-5-year trending is likely to mirror the property stocks (2015-2020). In short, glove is a potential value trap which I would avoid at all cost.
problem is if a country like Israel is proven (at the moment not proven) unable to return back to normal..say with even more variants and showing the vaccinated are also dying... the recovery stocks will definitely be spooked
as then it will be a very long road to recovery
If recovery stocks are spooked and tech is consolidating...
Normally a scam will survive for 1-2 years, thereafter the scam will be busted by authorities. This feng shui have survived 4000 years. It cannot be a scam or it would have already busted.
You should check 2017, 2018, 2019 & 2020 Clsa’s charts to have yourself convinced. As such, I choose to believe rather than going against it; choice is yours
CharlesT If u observe last year's chart u may find it interesting 05/03/2021 2:20 PM
Feng Shui like all other metaphysical subjects is definitely something part of this universe. Nothing can predict the future 100%, it's just a general reference like your chinese/western astrology charts. Why be so hard on it? Make use of it if possible better la, I did and it work perfectly this time on my overseas stock haha!
dont understand why some still keep shouting "glove will be brighter", "africa strain found here, there , everywhere", "Brazil cases increasing", "money from recovery will come to glove after this"....been hearing that for past 4 months...
ok, but did glove rise up ? got ATH ? drop like waterfall , breaking all support level, with TA extreme bearish, still want to talk about gloves? move on la, KLSE got other stocks besides gloves la ... #NeverFallInLoveWithYourStocks
Those have gone through many market cycles can only understand what is the true definition of value traps. It’s not about 4% gain today. It’s more about unnecessary mental suffering one has to go through long term downtrend due to supply glut in the foreseeable future
“This is the demonstration that the virus has a sort of intelligence, even if it is a single-cell organism. We can put up all the barriers in the world and imagine that they work, but in the end, it adapts and penetrates them,’’ lamented Bollate Mayor Francesco Vassallo.
Bollate was the first city in Lombardy, the northern region that has been the epicenter in each of Italy’s three surges, to be sealed off from neighbors because of mutant versions that the World Health Organization says are now powering another uptick in infections across Europe. The variants also include versions first identified in South Africa and Brazil.
Europe recorded 1 million new COVID-19 cases last week, an increase of 9% from the previous week and a reversal that ended a six-week decline, WHO said Thursday.
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....
CharlesT
14,924 posts
Posted by CharlesT > 2021-03-05 12:40 | Report Abuse
After glove now shall be Tech's turn..