Relax, diamond hands. Not everyone can time the bottom. We'll know if Harta is in better shape than the rest within the glove industry in a couple months. For now, share price still move in tandem when other industry players doing worse than expected. Grab some if you believe, ignore if you don't believe. Simple as that.
No one could catch the bottom. It just pure luck if u able to get the lowest. Just valuate the stock by yourself, and hold it for a decent period. U will get some profit for sure
if say harta profit maintain at rm40m per quarter and have an average PE of 15 only, it will go to RM1 and hover there for many years. prior to covid, it was at PE30++. TG has an even higher PE. PE is not everything but it just a gauge on investor's sentiment and confidence on the company's future.
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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....
Jaycee89
265 posts
Posted by Jaycee89 > 2023-06-20 14:32 | Report Abuse
@ChandranG
Can consider a good catch at 1.98, now rebound back to 2.00 alrdy.
You make a decision too early, closing can tell you everything.