Only EPF is helping shortiests to tangle, JPM is one of the main shortiests still creates fears with all sorts of stories.
Anyway, those weak holders already sold. The price now or future makes no difference for those still holding.
We will see how situation evolves in Dec 2021 onwards. Reshuffle on the way for those glove factories in China. They soon will slowly be phased out due to energy shortages and higher labour cost.
KUALA LUMPUR (Nov 17): JP Morgan which has been bearish on the glove sector since last year, has once again slashed its target price (TP) for Top Glove Corp Bhd to RM1.50 — a 67.33% discount from its current price of RM2.51 — while maintaining an “underweight” rating.
JP Morgan not go to warn the risk of cryto currently at incredible price surge.. but keep bully malaysia glove sector.. because they have USD, we using RINGGIT how to fight...
Like that anyone can predict lah, no need financial analyst. Every time new TP reached just simply adjust lower to cope with their strategy 3.5, 2.5, 1.5 ….. Playing guess and check meh.
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....
OnTime
2,188 posts
Posted by OnTime > 2021-11-17 20:37 | Report Abuse
move waves are coming! be verry alert!