Those who bleed now need not to worry. If u suffer from huge loss once u sell, then just hold. The only choice u have now is to wait for glove stocks to drop till less than RM1, then u could spend less money to buy more to average down your entry price.
What is the next trend ? Winter is coming, there is nothing that could stop the covid19 cases from getting worse. Whether vaccine released in time or delay, there will be tremendous huge surge of gloves demand at year end and early next year. Countries with highest population USA, Russia, India, Brazil are the worst hit and they will have terrible situation this coming winter. Remember, this is the first winter human have with covid19. Even with early authorization of vaccine, the gloves demand will be unbelievably high this coming winter. One pair of gloves for each vaccine jap on a healthy person, these countries will do mass vaccination on billions of population. When we talk about global vaccine, we are talking about vaccine developed by world renowned companies etc Astra, Pfizer etc, not some Russia or China vaccine which will disappear in news sooner or later. When the gloves drop to its lowest baseline pre-covid, it couldn't drop anymore, no stock will drop to 0. When people realise this phenomenon, and MARGMA announce the gloves production could not cope after vaccines, u can imagine the second waves of gloves stock fiesta bonanza will be coming back! Hold till year end. Mark my words.
@observers is it better to cut loss at RM 3 and buy back when it hits RM 1. At least preserve your capital now and then get ready to attack when the market is bullish again
Yes it is undervalued but the prices will drop to RM 1.80 - RM 2.20 before it rebound again so I am telling cut loss now and buy back later when the market is more bullish. more capital to invest and higher return on investment
I just only started to post comments but I don't care if you lose money. I am here just to advise you cause I have a lot insider news on what is happening behind the scenes. I will be here tomorrow at 5pm to talk with you when the price drops to RM 2.80 - RM 2.90, are you ready?
from 65 cts,price shot up to almost 7plus, what is the fundamental, no one asked, but hearsay,good profit,ASP on the rise, bonus issue by tg n supmx, all push glove so high ,all chase including new retailers,who have no inkling how the game is played. sharks just waiting with big bait. they dont have emotions nor pity,for who loose money. their game is simple reward their shareholders, esp fund mgrs. now all talking about margin call selling. all wake up there is no fundamentals. asp cannot sustain, and will start dropping, at 3 plus ringgit I myself buy cimb or btoto and sleep peacefully. no stress but happiness.collect dividend quarterly. wake up
now already crash from 7.00++…….nobody can predict when is the highest and when is the lowest.i am satisfied already I just started to get cheap bargain.7,6,5 I no want.now I am hungry so I start eating now....hahaha
you guys are babies in investing....thats why u guys cannot become warren buffet....buffet only picks stocks on fundamentals that makes sense...all this while robinhooders were buying glove stock with only 1 quarterly result for all the glove company and also IB ratings.....which is to be honest- bullshit....after this...all robinhooders will be out and IBS will actually come in....remember moratorium is ending 31st sept....so relax and buy at dip...robinhooders will be out forever after this fall which is good...perfect timing...strong fundamentals, intelligent people talking and actually great value in investing unlike those days...buy now and then sel llater because of idiot investing gurus....so many shit group trying to be investing GURUS....paktua,kimsstockgroup(telegram) ,target klse(telegram and etc...all bullshit..i watched from the sidelines only...now i have put money...been doing this 10 years and counting....chill guys..
Uncle also said he cannot find any stocks besides glove stocks that have profit growth prospect which is the most powerful catalyst to push up share prices. So hold tight folks! . Paper lost now will become paper gain later.
from how you talk I know you are a newbie investor with zero knowledge. you will get eaten tomorrow. Don't worry once it drop to RM 1.80, I will come in and buy from you. Hahahaha
This pandemic will affecting everybody n all listed companies except glove companies n related one. So buying Comfort is still the best option. Buying comfort at current price will make u feel comfortable later.
Anaconder, if the "uncle" that u mentioned is KYY, and u believe what he says, then i am telling you KYY is a notorious con man in stock market. This cunning fox set up his blog and release false analysis to con newbies. When he tell u to sell, he is waiting to buy your shares. When he ask u to hold, he wants the stock dive to be slow, so he could sell with lesser loss. Recently, he even invented a fake chart to predict the third wave surge of glove stocks surpassing the first peak on 5th August, which of course never happens. Just forget what the senile old fox says. Many of us here know him.
I just only got 40,000.....I sold my hlt 80,000 at 3.31 on 7th aug even enough for me to buy more comfort at lower price.even down to 2.00 I still can buy don't worry I slow slow pancing ikan…..hahaha
Yala, apolo ang very woried cos he never expect drop soo
u ever saw MCL drop from RM 54 to below RM 1.00? I bought MCL at 1.00 and sold at 5.00.when nobody dare I will buy,when everyone chasing I will sell.....hahaha
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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....
apolloang
18,163 posts
Posted by apolloang > 2020-09-10 21:35 | Report Abuse
just now u say 2.00 now u say 2.80-2.90....hahaha.your mind tak tentu lah