Careplus proxies, Adventa and Comfort already up more than 10% today. Normally all 3 move together, today this careplus lagging cos got big group selling at RM4 dunno for what LOL
Glove counters price from PEAK (ALL TIME HIGH(ATH)) during July glove rally
Supermax 10.48/12.22 85.8% (14.2% more to peak) TopGlove 9.32/9.77 95.3% (4.7% more to peak) Hartalega 17.80/21.16 84.1% (15.9% more to peak) Kossan 7.82/9.75 80.2% (19.8% more to peak) Comfort 4.81/7.28 66.1% (33.9% more to peak) Ruberex 7.69/7.21 106.7% (6.7%+ ABOVE July peak) (NEW ALL TIME HIGH 7.78) Careplus 3.97/5.83 68.1% (31.9% more to peak) HLT 1.90/3.33 57.1% (43.9% more to peak)
Ruberex has already surpass July peak during glove highest rally breaking new ALL TIME HIGH at RM7.78!
Can you imagine the potential of other counters that have yet to catch up to their previous peak? we are talking about on average more than 40% upside after reaching previous peak they will continue to go high reaching new all time high just like Ruberex
With ASP increasing we will see the upcoming qr profit will be bombastic & PE getting lower and lower, good sign to reach 5 end of the month or early next month
Although it is not a good thing that covid getting worse and more lock down but in term of investment of glove stock it fulfill the old Chinese saying 天时,地利,人和。。。
i am not trying to say it is good. what i am trying to imply here is glove is here to stay for a long long time. it is good investment until next year at least.....
Glove usage could increased even into 2022 & beyond. We just do not know what's after Covid19. There is a possibility of something new. But hopefully not.
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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....
HNWInvestor
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Posted by HNWInvestor > 2020-10-14 11:47 | Report Abuse
take profit, if you earn 0.20 still need to pay the same fee.
why dont you wait for 0.50 profit? still paying the same fee.