Wait for tai kor Top Glove to recover. Harta should drop because its PE is 68, Comfort historical PE is 43, still the lowest. Supermax 50. Profit will be doubled at least due mainly to increase in ASP and shortage of medical gloves worldwide.
Posted by justinteoyc > May 19, 2020 10:13 AM | Report Abuse
Just a piece of mind,
Glove related counters will eventually get pumped again by nature because it is the only certain industry that is fully open, working at full capacity and increasing in production line because gloves are fully booked til next year.
People who disposed gloves and went for O&G just because Vaccine is being trialed and Crude Oil rally somewhat feels like the mass majority. The mass majority always losses. Think of it really, second wave of the virus is inevitable because every country is rushing to reopen their economy to prevent recession. Japan literally fell into recession yesterday and I don't think it is necessary bad in the short run. The market needs adjustments, reopening the economy only makes it a bigger spread of virus.
Do or die, market will collapse and glove demand will still be strong and I doubt I'll see a drop in FA numbers in the upcoming QR til the end of this year. Most counters will suffer a bad QR not from Jan-Mar but the current Apr-Jun.
Think wisely, putting FA/TA aside, just use some logic and common sense. I'm a small player in this counter and all this is purely based on speculation as well, but you can verify my statements through your own fact-check.
U r right, the mass majorityakways loses, its the early birds tht cabut when party is still good.
hope, the indian boy prediction on virus vanished in May, not true,esle gloves etc capacity willlead to price war.
i believe in miracles and ingenuity of human mind o overcome the impossible odds. Itis not A or B, also got C.
paktua love red sea.. this week mostly muslim traders will sell off all their share.. for duit raya.. and.. paktua love bargain wave.. its time to buy more.. who scared go now.. why stay if you are coward.. when correction come.. all gut vanished.. man but act like pondan..
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Posted by apolloang > 2020-05-19 10:30 | Report Abuse
u buy all of uncle shares lo....hahaha