GLOVE Theme Play is gathering momentum n steam now that uncle KYY is officially into COMFORT.
GLOVE, the only uptrend biz n stocks on KLSE this year n next. ONLY specialist plc, COMFORT n SUPERMX r 100% producing Medical gloves: both exam n surgical gloves r highly needed everywhere in every country NOW ... MEDICAL gloves have super HIGH demand > supply, i.e. there's a shortage of critical supply for medical front-liners !
HARTA then TOPGLOV had a head start earlier by 1 month, lead by the funds. Only last week, SUPERMX being the cheapest of the BIG 4 was beginning to spring up to life into MAJOR 3 journey; price is what u pay, VALUE is what u buy.. Followed very closely is COMFORT, the 2nd tier glove plc.
Uncle KYY will be the hero again, playing this time with true blue.chip biz that lasts. N this time with the roar of a SUPER investor.
The Cumulative SS vol on TOPGLOV was at scary humongous # of 230 million shares is now reduced to 30 million shares. the giant SS had covered the great short, n likely they r beginning on the long play now to another BIG money. same scenario applies to SUPERMX!
What I can say is so many uncertainties, do not enter first. Wait till you see the blue sky, which is still far to go. Many got trapped just because the low price is so tempting. But once entered, new low again, especially Supermax. Unless if you are confident to trade, else no point dumping money into this bottomless pit.
with a lot of vaccines availability to combat virus in the market , the demand for glove is not as great as you and me thought and the market is saturated with over supply now . More players are coming in to share the cake and flooding the Market with over supply to come....
The BIG 4 need to talk and settle the over supply asap. Cut production together as a group and increase ASP... Unity is prosperity. Demands for healthcare equipment still very high with extended covid pandemic due to more variants resistant to vaccine.
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....