Nice sensible advise here. To be safe, don't buy without research, don't buy with money you don't have. If you don't want to be safe, do whatever you want.
true info I also have one . Breaking news: Foreign fund managers will take aggressive LONG position in Topglove, Harta and Kossan this Friday. Retailers better enter the wave.
LOL what analysis is that. People ald overstock thats why no growth. Now overstocking and supply coming back to equilibrium .. Simple economics supply and demand theory u dont know ? Go buy high la and cry
Correction most likely due to expectation adjustment from TG & Kossan's lackluster result. Let's hope Harta can restore faith in next QR, if not by end of 2023.
Breaking news: Local analysts warn of retailers avoid glove stocks as Topglove delivered important indicator glove market still in loss making environment although with recent months of ASP increased.
This advice is given by Warren for industries unaffected by sales slumps or bad economic impact. As for the glove industries, the writing was on the wall long ago. SonniaFang Be greedy when others are fearful
I think you guys dun understand what Warren said. If the fundamental of the stock remains the same, even in times of fear of the market crashing then you accumulate. But not the glove sector now facing glut and overproduction, and therefore falling profits and margin, to be objective. YourQuirkyWays29 @alenac what is there to fear for industries not affected by sales slumps or bad economic impact? is there such an industry to begin with? 21 hours ago SonniaFang Every businesses will undergo their ups and downs, no industries will be unaffected by bad economic or even sales slumps ... 4 hours ago
Thanks for the clarification alenac, that sounds far more reasonable. :) However, I don't really agree with that sentiment as market is often forward looking, looking into troubled industry could have its benefit if you believe in the longer term of the industry. And then next step is to pick companies which you believe can weather the storm.
Just different views and risk tolerance I guess. :)
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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....
pang72
48,993 posts
Posted by pang72 > 2023-06-11 20:47 | Report Abuse
Close eye the QR in red.. Happy