Posted by Sslee > 2021-09-13 12:54 | Report Abuse

Haha,
Those saying the stockmarket is forward-looking & efficient and telling you:
How could AIRASIA's share price move up while they remain loss-making is asking you to have hope and faith and ignore the fundamental

Market is very inefficient and irrational.

One of Warren Buffett’s favorite old admonitions 'Price Is What You Pay, Value Is What You Get’ Quote reveals that price and value are not always the same. While the intrinsic value of a business is admittedly a somewhat imprecise estimate that depends on assumptions, it nevertheless stays within a much narrower range than the common stock price investors are asked to pay on any given day. As we’ve all seen, price can vary wildly depending on the emotions of the crowd and have hope and faith with the sweet talking CEO.

So if market is efficient AA with negative equity (PN17) and going to loss many more billions in next few quarters will be priced as zero value.

Posted by Sslee > 2021-09-13 13:53 | Report Abuse

In any business you just need to take care of two fundamental.
1. Demand any fundamental change in market demand?
2. Supply any fundamental change on new supplier coming into market and how you going to compete with these new supplier for the market share?

Posted by stockraider > 2021-09-13 14:04 | Report Abuse

U need to understand, that Airasia is owned & supported by the Greatest Poker player of the world mah!

Surely it is worth something to have the Greatest World Champion Poker Player support mah!


Posted by Sslee > Sep 13, 2021 12:54 PM | Report Abuse

Haha,
Those saying the stockmarket is forward-looking & efficient and telling you:
How could AIRASIA's share price move up while they remain loss-making is asking you to have hope and faith and ignore the fundamental

Market is very inefficient and irrational.

One of Warren Buffett’s favorite old admonitions 'Price Is What You Pay, Value Is What You Get’ Quote reveals that price and value are not always the same. While the intrinsic value of a business is admittedly a somewhat imprecise estimate that depends on assumptions, it nevertheless stays within a much narrower range than the common stock price investors are asked to pay on any given day. As we’ve all seen, price can vary wildly depending on the emotions of the crowd and have hope and faith with the sweet talking CEO.

So if market is efficient AA with negative equity (PN17) and going to loss many more billions in next few quarters will be priced as zero value.


Posted by Sslee > Sep 13, 2021 1:53 PM | Report Abuse

In any business you just need to take care of two fundamental.
1. Demand any fundamental change in market demand?
2. Supply any fundamental change on new supplier coming into market and how you going to compete with these new supplier for the market share?

Posted by The_JQuestion > 2021-09-13 15:48 | Report Abuse

market is just irrational moreoever in bursa Malaysia they are very cash rich companies one of the most in the country,one of the most profitable
but somehow never stop bleeding evenn getting lower than pre pandemic level
oh well being manipulated and played by big funnds susah nobody dare to touch! this is bursa ! all about speculative and rumour......

Posted by The_JQuestion > 2021-09-13 15:53 | Report Abuse

gloves like other healthcare products are forever needed and must Have standard SOP.
too bad its worst than the market rotten fruits and vegetables even sell cheap noobody wants.Lelong like priceless even u are #1 in the world at exporting glove.
This is one of the market outlook that puzzles me and beyond.

Posted by DickyMe > 2021-09-13 16:03 | Report Abuse

AA anD GLOVE companies are in dfferent industries.
One was forced to halt operation while another struck jackpot due to pandemic demand. Jackpots, "easy come, easy go".

On the other hand, AA starved and managed to pull through and still hanging on.
This shows character which is lacking in most companies. Numbers are not the complete story.

Posted by stockraider > 2021-09-13 16:05 |

Post removed.Why?

Posted by SpeedNpower > 2021-09-13 16:52 | Report Abuse

Only winner here is ceo of glove companies. Billions of cash at their hands now. Striked jackpot.

Posted by RJ87 > 2021-09-13 17:23 | Report Abuse

How do you price in if AA raise enough cash and ready for turn around in future?

There is some value there. People are buying that opportunity. But assigning a price to such value is impossible.
----------------------------
SSlee,
So if market is efficient AA with negative equity (PN17) and going to loss many more billions in next few quarters will be priced as zero value.

Posted by RJ87 > 2021-09-13 17:27 | Report Abuse

However, only SUPER-NOOB would say market is efficient.

Look at the bosses and C-suite. They get paid doing nothing while 75% work like horse and yet claim market is efficient. Hahahaha.

So, if market is efficient. What's the fair price market pay for the few calls, meetings and emails bosses and c-suite produce? Super inefficient I tell u.

Posted by Ricky Yeo > 2021-09-13 18:48 | Report Abuse

Market is both efficient and inefficient. If you're active investing i.e not buying index fund, you're making the assumption that the market is inefficient so you can buy things on the cheap and sell it at a fair price, which is when market become efficient.

Market is not always efficient but it is efficient most of the time. In the sense that most people don't make money from market timing.

Posted by CynicalCyan > 2021-09-13 19:48 | Report Abuse

Quite a number of good points raised in the discussion above. Ricky Yeo's views resonate with mine the most.

Posted by CynicalCyan > 2021-09-13 20:18 | Report Abuse

Glove shares dipped again today. However, they fell in tandem with the general stockmarket.

If you bought glove stocks in 2021 & holding at a loss now, these questions might be your answer to BUY, HOLD OR SELL?

1) Do you need the money for urgent use now? For food, children's fees, rental, bills, etc? You should never had invested in the first place if the money is for immediate use. Convert to cash for urgent use.

2) What are you cut-loss plans? Fix a percentage & cut when target is met.

3) Without stop loss, you must be 100% confident. Hold glove stocks. Stop staring at price charts. Leave klse.i3investor.com. Wait for 2 years to recover.

4) If you decide to ditch gloves, what alternatives offer higher returns?

Posted by CynicalCyan > 2021-09-13 20:38 | Report Abuse

Let's observe if the stockmarket is efficient.

Use the upcoming TOPGLOV QR as example.

I believe the stockmarket is efficient. I'm guessing Top Glove's upcoming QR will not lead to a sharp decline of the glove stocks. Neither would it spark a bullish reversal. Sideways, at best.

Posted by bpsiah > 2021-09-13 22:18 | Report Abuse

All stocks prices go through their highs and lows and not only glove counters. Haven't we heard of the dot.com bust? What about the subprime loans 2007 market crash?

Posted by Sslee > 2021-09-13 23:00 | Report Abuse

Are you sure Market is not always efficient but it is efficient most of the time?

The stock market can remain irrational longer than you can remain solvent.
And the stock market can remain inefficient longer than you can remain patient.

Tell me how market value INSAS?
Why INSAS value less than it cash and less than 1/3 of its holding in Inari?

INSAS Balance sheet financial end 30/06/2021;
Total non-current assets: RM 735,876,000
Total current assets: RM 1,747,587,000 of which
Trades receivables include loans given out by ICL: RM 443,417,000
Fair value assets: RM 220,198,000
Deposits with banks and financial institutions; RM 413,854,000
Cash and bank balances: RM 488,944,000
Total liabilities: RM 498,975,000
NTA: RM 2.99
EPS: 37.06 cents
NOSH: 663,021,000
INSAS RPS: 132,604.152
INSAS-WC: 331,510,380

Insas holds following listed company as associate company: Inari, Hohup and DGSB
Inari: 540,693,575 units (14.68%) the last disposed 2,500,000 units on 8 Sept 2021
Hohup: 72,705,250 units (14.69%)
DGSB: 190,000,000 (25.48%)
Dividend received from associate companies and fair value assets; RM 57,394,000

Posted by TheContrarian > 2021-09-13 23:06 | Report Abuse

Haha, the market is forward looking. Insas has no future.

Posted by Sslee > 2021-09-13 23:18 | Report Abuse

Haha,
I thought someone say 'Cash is king'
Insas disposed 4.81 million inari shares in Q1 financial end 31/09/21. So can expect another good quarter for Q1.

Posted by stockraider > 2021-09-14 07:52 | Report Abuse

This is bcos investors do like insas governance loh!


Posted by Sslee > Sep 13, 2021 11:00 PM | Report Abuse

Are you sure Market is not always efficient but it is efficient most of the time?

The stock market can remain irrational longer than you can remain solvent.
And the stock market can remain inefficient longer than you can remain patient.

Tell me how market value INSAS?
Why INSAS value less than it cash and less than 1/3 of its holding in Inari?

INSAS Balance sheet financial end 30/06/2021;
Total non-current assets: RM 735,876,000
Total current assets: RM 1,747,587,000 of which
Trades receivables include loans given out by ICL: RM 443,417,000
Fair value assets: RM 220,198,000
Deposits with banks and financial institutions; RM 413,854,000
Cash and bank balances: RM 488,944,000
Total liabilities: RM 498,975,000
NTA: RM 2.99
EPS: 37.06 cents
NOSH: 663,021,000
INSAS RPS: 132,604.152
INSAS-WC: 331,510,380

Insas holds following listed company as associate company: Inari, Hohup and DGSB
Inari: 540,693,575 units (14.68%) the last disposed 2,500,000 units on 8 Sept 2021
Hohup: 72,705,250 units (14.69%)
DGSB: 190,000,000 (25.48%)
Dividend received from associate companies and fair value assets; RM 57,394,000

Posted by CynicalCyan > 2021-09-21 21:07 | Report Abuse

Topglov's further share price plunge since the posting of this article, and not sideways movement like I expected, means the stockmarket did not take it kindly. I was wrong in my prediction.

Posted by PelitaAlam > 2021-09-21 21:13 | Report Abuse

"The stockmarket looks at companies' future performance, placing less emphasis on its past."
==============================================

This is exactly why AA MAY reach RM 4.50.

Unfortunately, some mentals are fixated on FUND-A-MENTAL..

Wakakakakaka!