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12 comment(s). Last comment by meistsk3134 2022-08-15 22:40

Posted by TheOwlsandWolves > 2022-08-14 21:47 | Report Abuse

Just hold on to your glove stocks, the glory days will come back. Last time during tech doom, Penta & Dufu were worth 0.20 only, now look at their share price.

Sslee

6,830 posts

Posted by Sslee > 2022-08-15 07:55 | Report Abuse

It ain't over till the fat lady sings.
Is it truly over when topglov and Harta both kick out from the Bursa KLCI index.

gohkimhock

3,128 posts

Posted by gohkimhock > 2022-08-15 08:00 | Report Abuse

inside the ICU now..

Sslee

6,830 posts

Posted by Sslee > 2022-08-15 08:49 | Report Abuse

Frpm a very brave plantationgameover to Anxious:

plantationgameover Anxious:

I will considering re-entering Harta at RM1.50. By then Top Glove will probably be RM0.50.

At RM1.50, I'd be able to buy twice the amount of shares I had when I exited and that would give me a better chance to recover some of my losses in this counter over the long term.

When all this supply and demand imbalance is over, Harta and Top Glove should still be around.

Its just that in the short/medium term, I think it will continue to drop as long as big players like EPF and other funds continue to sell.

How I wished I had sold earlier and what an expensive lesson it has been for me.

3 hours ago


don't worry, you will soon regret again for thinking that you can time the market.
according to you logic, you can buy much more harta at 50 sens than RM1.50.
so why not wait at 50 sens?
if you look at the price everyday, you will not be a successful investor.
my average price is 4.60 and i have 0 worries no matter how low it goes.
Because i invest with money i dont need and i believe in the management's track records more than EPF. EPF is just a dumb trader that buy high sell low, just see their recent performance for Q1.

If you want fast money, dont invest in market. It's a waste of time and waste of money. better to use the money to enjoy life than to worry so much everyday

22/06/2022 8:21 PM

OnTime

2,188 posts

Posted by OnTime > 2022-08-15 08:55 | Report Abuse

fake 8.9%

CharlesT

14,951 posts

Posted by CharlesT > 2022-08-15 08:56 | Report Abuse

All glove co Bosses r still very rich, much more richer than pre Covid 19

All glove co r still very rich, much more richer than pre Covid 19....Supermx has cash reserves ard Rm3B+ by now (hopefully they abort their expansion plan into US) while both Harta n Kossan has RM2B+, TG only has RM1B+, the lowest among Big 4, thanks for Ah Chai's decision to catch the falling knive as early as 2021

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-15 08:57 |

Post removed.Why?

CharlesT

14,951 posts

Posted by CharlesT > 2022-08-15 08:58 | Report Abuse

With the hefty cash reserves, they can fight with China Glove Co n others in years to come n c who die first

As for all the so called new long term investors (during the last 2 years) in Glove Co, good luck......

Sslee

6,830 posts

Posted by Sslee > 2022-08-15 09:22 | Report Abuse

Harta quarter end 30 jun 2022 report;
Capital commitments approved and contracted for RM 791,965,000.
Cash and cash equivalents : Rm 2,039,293,000

Will Harta employed the cash for investment that generate reasonable income?

Tobby

7,397 posts

Posted by Tobby > 2022-08-15 20:55 | Report Abuse

The fat lady already sang way back! When mass vaccination was implemented, one should have known to cut glove theme!

Posted by supersinginvestor > 2022-08-15 21:35 | Report Abuse

Gloves will go bust n get kicked out of index..
Thank china for that...
Wait n see...

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-08-15 22:40 | Report Abuse

china spoil market
need kill all china man, nuked them

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