Conman is trying to accumulate more silently. Just do the opposite what this KYY is suggesting and you will be fine. He hint sell, then you BUY. he hint BUY, then u must sell. He has taken many of the ppl here for a ride, after all his famous disclaimer is he is "not obliged" for your profit/losses. After satisfied exiting/entering, then he will be "obliged" to inform you. Mudajaya, JAKs, AT, Supermax? Familar?
The glaring facts are clearly detailed yet, glove huggers refuse to consider the dilution in market share, increased supply and competitors. Indeed a price war would claw down the maniacs.
The wise man says, don't argue with fools who forgot the TULIP mania.
I’m not sure if China ASP price is cheaper or not for the same type of glove. But I’m very sure their share price definitely much higher in term of PE ratio.
Why bother about comment of someone(s) who proven he is wrong in the glove stocks cycle? Logic tells you highly likely he will be continuously be wrong in predicting the cycle.
Uncle never learnt new skills and still relied on past experience. Now people trade using HP, info/news easily available, many tools to work out stock intrinsic value etc...
not only for uncle, a lot of old fund managers are outdated as many mutual funds performed poorly last 5 years and their returns cannot even beat EPF. Even Warren Buffet's Berkshire cannot beat S&P return last 5 years.
Koon should just accept he had been wrong big time TWICE, and adapt accordingly. Instead of being such a sour grape; so sulky he had lost big with Supermax, and then failing to jump onto the gloves rebound.
"prices of gloves cheaper... more players in the market" etc. etc. - even if these are correct, for Bursa investors, speculators and especially traders, WHO CARES?!
Tell us, Koon, *what* is the one and only goal when we enter the stockmarket? Why, it's to MAKE A PROFIT, of course. Specifically, capital gains. If it's not clear enough yet, "To buy something and then sell at a higher price later on", and thereby making a profit.
It doesn't matter how much cheaper gloves are selling now and in the future. As long as the current price is higher than what we had bought a counter for, then all is well and fine.
If Koon hadn't been such a sour grape, he could have recovered some of his losses by jumping onto the rebound. Unfortunately his pride and ego were obstacles. And he is seething in resentment seeing the "gloves ship" leaving without him.
So unfortunate a former `Bursa Guru' has degenerated to this very low level!
Old Con sold all his shares at the bottom few weeks ago...since then price hardly drop below his selling price...So I guess he didnt buy back....solely sourgrape only
sour grape..haha..the moment he said you can x4 to get full year net profit for a cyclical stock..i lose interest on him..u cant even guess the price of comodity next month yet you can predict the price will stay the same for the whole year..wow
haiyoo... uncle, if you can source glove from china at cheaper price, then china will not become one of the major market for new glove player like Mah Sing
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....
skyz
1,650 posts
Posted by skyz > 2021-04-26 08:48 | Report Abuse
Conman is trying to accumulate more silently. Just do the opposite what this KYY is suggesting and you will be fine. He hint sell, then you BUY. he hint BUY, then u must sell. He has taken many of the ppl here for a ride, after all his famous disclaimer is he is "not obliged" for your profit/losses. After satisfied exiting/entering, then he will be "obliged" to inform you. Mudajaya, JAKs, AT, Supermax? Familar?