When everyone was saying buy buy, it starts going down all the way. So now everyone is saying sell sell. History has shown that the price always goes against the popular opinion. This is the beauty of the market.
now the word of mouth is SELL SELL SELL, very soon the next wave will come when its deem cheap & BUY BUY BUY. invest prudently, healthcare and glove counters wont stop their business. for 2020 its deem ESSENTIALS.
chasing here and there wont get u anywhere. HOLD. sell when 5%, 10% up to you.
@mkme75, YAYA DONT COME HERE TALK SHIT, FK IT AND BUY PWRWELL OR AT NOW. NO MORE TICKET DONT SHITTY AROUND, DONT BE KIND TELLING PPL TO RUN. WE ARE HUMAN WE GOT OWN DECISION. YOUR WORD IS MAKING PPL TO CUT LOSS, STUPID DUMB ASS
Only 1 fund house recommended hold on comfort, more than 15 suggest buy call on TG, Kossan. Hold on Harta and Supermax. I believe the top 4 has the power to determine ASP especially TG. So i top up TG today at RM 17.00 x 800 shares only.
those chased high one are now living in Villa... probably consider trade buy portion of holdings with other potential stocks. Gloves stocks had gone too crazy for past few weeks, and it's showing sign of calming down now
For technical drop down to support RM3, i believe tmr will keep dropping. I believe tmr topglove, harta, supermax market will have big investors buy in to support the share price, because got strong faudamental. But, how about comfort?
Apple1234 , i know you are worried as comfort and the rest of smaller segment glove counters are dropping...funny thing is rubberex is higher than comfort...why don't u take profit from comfort and switch to Supermax ? if you want better results and higher profit then be with the big 4 leaders.
KUALA LUMPUR (June 11): Public Invest research has raised its target price for Top Glove Corp Bhd to RM35, a potential of 100% gain from the last trade price RM 17 previosly, on the ground that there has been a recent rise in ad hoc, spot orders by government agencies needing urgent deliveries and 366% jumps on the net profits.
GLOVES SECTOR : Big rally coming as soonest possible. Even margin capping issues with IB's still intact. Margin tighten by them is good to produce stablize the price and momentum and protect the big player/investors outside there from my view. So the values of gloves keep increasing on gloves sector. You cant stop them increase, even IB's. So you wont get cheap price on gloves counter. Especialy Big-4. Even the pandemic is over and vaccine found. It will take 12 month at least to adapt it. Wait, watch and see. Timeframe "This June". Last I tell Buy on April because May you wont get cheapsales anymore. So all my new target on Big-4 remained. Where the TP wait on this weekend. The bull trap is on. Beware if you holding others sector.. which a lots say oil & gas.. banking uptrend. Index KLCI will reverse and calm down and now Gloves will show you the true color starting today. For me Gloves already apply on "Defending Stock Territory" Good luck.. my 2c. - Kim's Stockwatch
Thats enough for us telling other sectors. As Kim already forecast and mentioned by June (Buy). Only Gloves sector. Oil & Gas sector beware and carefull. Second waves / phase II virus. So tomorrow all red except gloves day. Good night =) - Jay - Kim's Stockwatch
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
mf
28,558 posts
Posted by mf > 2020-06-11 20:18 | Report Abuse
Dow futures drop 700 points