If pendemic gets worst global because of a new variant, this has potential to do 5-10x. If there isn't, then worst case also sideways and down abit for some time
tyxxp ; stoxxpixx2u gurus now believe hide in the cave. platinum member fee rm 15k per person. if 500 persons mean can earn 7.5 millions per annum. They really earn big money from platinum member fees . Do u still believe they earn big money from share market ?? No lah !!! They earn big money from your member fees......wake up guys.....
BuffetOnWeed no need to hope for pandemic getting worse. Its only going to improved further the longer it is, you are being ignorant if cases jump from 100 to 5000 also price going down hill that you see big chance for big share price increase. You are only buying on fundamentals that hopefully eventually will reverse course the technical downtrends.
The day will come but we are not able to predict when reversal comes. Trading is simple, just buy low sell high. Not buy high sell low. Of course there is the potential for buy low sell lower as well that is where risk management comes into play.
Boss just sold RM150m at 1.4, this is the point. Who buy in? How to operate? The greedy way will be 0.7 going back 1.5 100% The steady way will be 1.0 going back 1.5 is 28.5%
brian3381: Stil talk about variant ka? Realy hopeless this waterfish. Beter u wait another 20 years for another virus la. Hahaha ---------------------------------------------- aiyaa, genting not open for you to show hand, sailang & watch tiger show, so you make so much noise here?
continue topup. i park to add 1.03 see can get or not. dunno wor got hope or not. what i understand which others no need to agree is this is severely undervalue. cash is almost 22% of current market cap. and debt is almost non existence. pe is in low range. expansion plan is in place. 2021 capacity fully sold. efficiency is improving. what else can you ask from the business. only missing is sentiment and certainty of asp when vaccination meets the target worldwide. but at this price really a good risk reward ratio. and looking at the balance sheet, it should even be a good target for m&a. but who knows
you better wish covid case surpass 10k a day as it is the only chance glove counters may have a short rally. if covid cases drop significantly next week onwards you will see another sell down
dear people..NEVER TOPUP A MAJOR MARK DOWN DOWNTREND COUNTER..there were too many cases of people losing money or at least have to wait a very looooong time for profit in averaging down compare to those who averaging up...every glove counters around the world is in decline position..just take a look at mercator, a glove company from poland which is also in declining mode
use ur extra money in other recovery sector..this gloves sector has proved that accumulation period will take a very long time before they slowly comeback as a genuine fundamental..stop imagine for another glove sentiment..it's already over..no more total strict lockdown ala PKP 1.0 as nobody is willing to sacrifice their economy anymore else their last sacrifice will their harakiri once & for all
Hotstuff keown83 for trader yes. for investment no, i find it is a good time to invest. just stagger your entry would be fine for investor. i wish covid to be as low as possible and i would like the QR to report declining profit asap. once they do, the outlook on what the asp will be is more quantifiable and they can move towards being fair in value because things is more certain. declining profit is expected already. you don’t need to tell also everybody knows. but at this price, it is still undervalued even asp drop by half. i shared my calculation previously on why i say is undervalued based on halved asp in the comment above. so any drop i would like to add. thanks for your advise. if not comfortable just don’t buy. as easy as that
i've seen this kind of veraging down practice promoted by those people towards gullible traders/investors in AT on January due to hope in glove production promise, & look what the hell happened to AT right now
don't repeat the same mistake over & over again guys..don't listen to those who promote averaging down to glove counters right now
keown83 i never touched AT. and sorry i would still average down. and staggered entry. i never promoted. please share some calculation that the price now is overvalue for investor. then i would probably consider what you are trying to advise is of substance.
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....
ket4212
620 posts
Posted by ket4212 > 2021-06-03 07:54 | Report Abuse
morning ruberex fren