Sohai newbie now only know pain , everyday glove glove glove . Smart people already leave glove because they know just one time earning during this covid 19 .
Rule no.1- never panic selling, Rule no.2 - never panic selling and Rule no.3 - never panic selling.............. this is the time to practise what you have been preached ............ interesting to see how many will act upon ............... probably all chickened off except me...........
The profit growth of comfort is impressive for the last 3 quarters from 7.4m as at 31.10.2019 to 10.2m as at 31.1.2020 and to 16.3m as at 30.4.2020 and will be more impressive for the next 4 quarters as sales are confirmed for the next 400 days. Where to find such a profitable company in klse during this crisis? Glove industry is the best sector for prevention of covid 19.
To all the value investors, if u realise on last transaction u will see some ppl are quietly little by little collecting tickets...I saw it since last week
Just see this week everyday red...then only you know. Dow futures already drop below 25,000. If break 24,000 who knows what will happen. How strong glove stocks also will tumble
Need to admit glove counters are in major correction now after Topglove relased its qtr result. All those glove counters with PE that are unrealistically higher or near to Topglove should be adjusted now. Topglove is the safest to be invested now.
When i look at the numbers, ALL European countries covid cases still getting low, no indication of second waves.
It's just assumption that from recent riot could trigger the second waves, but that figure would be available starting next week, if any. Same thing in US. Only few states like California, Florida still got exponential stage. Now York, New Jersey, Washingto and some other states still ok.
second and thirst waves..what counter other than gloves we can park our money??.. at current level between 2.70 -3.20 is acceptable Comfort range.
Instead of chasing growth like hot gloves sector...it is time we look into contraian cheap deep undervalue stocks like WTK to diversify your risk profile mah...!!
Wtk potential return may not be less than any gloves stock going forward bcos of its deep undervaluation & margin of safety mah...!!
Posted by stockraider > Jun 14, 2020 11:59 AM | Report Abuse X
WTK business is cyclical in palmoil & timber mah....!!
The safest to buy & make big monies, is when it is in cyclical low u make the purchases and it is now the recovery stage mah...!!
Your return will be very high...i may not be very surprise, if u can even beat the glove stocks return loh....!
Big profit can also be make if we take the contraian view instead of acting like herd chasing the popular stock.
We need to take a step back & act differently from the crowd mah...!!
In short, Wtk has all the safety margin and great prospect going forward
And best of all the price is screaming out with Value
When i look at the numbers, ALL latin Amerika countries covid cases start getting higher, indication of second waves.
It's just assumption that from recent riot could trigger the second waves, but that figure would be available starting next week, Same thing in US. Many states like California, Florida get increase Now York, New Jersey, Washingto number up
second and thirst waves..what counter other than gloves we can park our money??.. at current level between 2.70 -3.20 is not Comfort range.rm6-8 are
it is time we look into contraian cheap deep undervalue stocks like WTK to diversify your risk profile mah...!!
Wtk potential return may not be less than any gloves stock going forward bcos of its deep undervaluation & margin of safety mah...!!
Thats why we must act fast on wtk mah....!!
Vaccine bound to come & gloves party will be over loh..!!
Posted by laychee > Jun 15, 2020 1:36 PM | Report Abuse
Not yet available. Going into final phase before mass production.
Vaccine will be there unlike SARS. SARS disappeared suddenly making the continuation of vaccine research not viable. Since there was no incentive to develop a vaccine, the effort stopped. Making vaccine was a suicide as the cost of R&D is very high.
Now around 20 companies around the world put tons of money into this gamble. The first one will win the race and the market for the vaccine is huge!
There will be vaccine no matter how. If not, those 20 companies are just committing suicide.
Dow futures plunge more than 850 points as Wall Street looks set to extend last week’s sharp losses PUBLISHED SUN, JUN 14 20206:02 PM EDTUPDATED 17 MIN AGO
one of the highest risk gloves counter !!! all smart investors are snatching the buta money from the fool investors like k ......y.........?...,.,,even directors n relatives are all out snatch the once in 100 years buta moneys from market !! if i am the boss will sell all and start up 2 new factories with zero gearing !!!!!
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Posted by Insidertips > 2020-06-15 11:56 | Report Abuse
留的青山在 哪怕没柴烧