Tomorrow onwards all people goreng tech stocks loh , who still want wasting time at this sunset business , glove stock game over , u will never have chance to take profits just like previous week !
Continue 2 qr net loss > 200 m + 8xx m paper loss = 1 billion gone ! Next qr might be 250m - 300m net loss if ASP drop to USD 10 - 14 , conservative count TG will suffer more 1b - 2b net loss till 2024 ! Worst than karex bro ! What if ASP really plunge n never rebound permanantly after China cheap glove dominant the world market coming years ! They also never pay dividen since 1 year ago , do u think still worth to invest glove stock ??
Topglove QR is a good predictor of things to come for Harta and Kossan. While there's some room for price to fall, it should be near the bottom since we already expect the QR to be bad. I made a mistake of not selling it all around RM2.00 to buy it back cheaper, I'm a noob, lol!
That s why i said their cash will burnt out soon n dont dream for any single sen dividen coming few years just like top glove , expand for future bright market products is ok but not for bottomless cheap cheap non profit sunset product like glove , some more 7 billion not 7 million bro , i think harta will be like supermax in USA burn out all cash n net loss for many years !
China very good at dump price until 0 profits or net loss to grab market dominance in order to kill opponents , malaysia glove count down to close shop within 5- 10 years , u invest for capital loss eventually without dividen anymore , swing play banker will leave glove stocks soon , red alert ! Glove stock will sleep permanently !
NatsukoMishima
4,886 posts
Posted by NatsukoMishima > 1 minute ago | Report Abuse
@"Outlook. We believe Top Glove’s initial plan to revise ASP upwards (to pass on part of the cost increase) in 1QFY23 was met with strong resistance from buyers, as evident by the 33% decline in nitrile glove sales volume. This also signifies that the competition is showing no signs of easing at the moment" _________ See i said already tg still want to up price , ang moh all clever people shift to china gloves without tariffs already , tg really hit their own toes with rock !
NatsukoMishima
4,886 posts
Posted by NatsukoMishima > 1 second ago | Report Abuse
Now only their family will buy t paper mada by themself , bilis also run already !
1.73 is a decent price (mine is 2.6, lol!). Just keep an eye on this counter, occasionally there is some news that drive price upwards, sometimes close to 1.80 to 2.00. It is more often than you think. You know what to do then.
one day it will reach the bottom, and from there, the price will go sideways for many years, even if Harta post good results, it wont move up until it post really good results and high dividends. So, just wait, if you think Harta is good and the price move sideways for many many years, then only buy, if not, no point taking the risk.
Not comfortable averaging down..........but too painful to sell,,,,,,,,What should I do? _______ How many units u have ? If more than 10000 units then just wait until around 80 sens only average down , if your units not more than 10000 then just keep it n forget about it , after 5 years only monitor back !
people in i3 here fearmongering and spreading false information as usual.... other forums have much higher quality discussions can't share my review of the latest topglov qr on i3, pm me if anyone wants it.
Face the reality truth that malaysia glove kow tow to china dump price strategy and look for other good value stock to cover back losses from glove , no point to waste for other 1 year or even 5 years , Ah chai says tg need 1 year to turn black ,but what if after 1 year the ASP become double lower than current price , do u think how many capital opportunity u have missed within this blank year , try imagine u move to vstec now ,after 1 year u earn >5% dividen + capital then !
Right in this very page on desktop view it says 8 feb. I dont understand why many people ask the same question on qr release date when it clearly stated in the same page, it is more or less that date. Are people too lazy to scroll up? or only buy shares looking at price and not the business fundamental? it is like me asking who is the CEO of harta. if you ask the size of his underwear then i can understand, as this answer is not readily available.
China gloves companies which dumped the price were no longer operating. Many mid to small size newly formed companies had closed down their factories. The worst situation might be over after the clearance of stocks.
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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....
Endgame
718 posts
Posted by Endgame > 2022-12-13 22:19 | Report Abuse
10 times contra, 4 times gain, 6 times loss...all gain give back...