All factual stories from all of you. All data's on hand too. There are many good profitable counters at Bursa but their prices are still reasonable. However, there are those who are in red yet they are the popular stocks of the day. If you think of making fast short term then you hv to be very alert on the stocks which being played almost weekly. Example Careplus. If you follow it closely you cud gain contra 2 to 3 rounds on the same day trading. Most important u must hv some cash to take it up If not reaching ur expectation. For fundamental, go for profitable n potential stock. Expect some good dividends n perhaps bonus shares etc. It is up to investors to see what they really want. If you want to be speculators go for those speculative stocks.
Purely speculative: buy dataprep Speculative & a bit fundamental: buy careplus & adventa Fundamentally strong & a bit speculative: buy mahsing
Want big contra gain or loss few rounds within a day, dont buy mahsing, buy careplus, adventa and the insane dataprep, your heart will beat very fast, I swear.
If you compare mahsing and careplus, careplus already up more than 1000% started from about 0.150 because it emerge at the time when glove was at its hottest. just the timing if mahsing at the same time should have hit the height of at least rm5.00
Everyday global case go up, is everyday glove stocks will most certainly go up. If Covid cases hits like 10k or MCO comes, do expect other sectors to be affected, pull the money and dump into glove to be safe. Or even just keep cash.
Can u imagine the gloves price will fall from USD 70 to as low as usd 25 post pendemic leh ?? This is a fall of almost 65% from the peak of usd 70 mah!
U ask yourself lah....the cost of manufucturing gloves as gone up so much for example the cost of labor wages all in and plus cost of accomodation and investment into billion of machinery in the case of topgloves, do u think the sustainable price of gloves at usd 25 compare to usd 22 pre pendemic an increase of only 13% can support the majority of its operations with still good profit leh ??
And whats more u think the gloves company normalise far lower earnings base on selling price of USD 25 can still support the mkt cap of topgloves Rm 46.3b, Harta Rm 35.3b and supermax Rm 16.4b leh ??
Look here the forecast of lower price of gloves is not done by Raider loh, it is done by Topgloves employing very reputable consultants Harps n vital factors to forecast the normalise average selling price of gloves in conjunction of their decision to list in HK market mah!
Never b4 in the past 1 year during the pendamic, that both Lazada & shoopee offer discount on gloves to its customer mah!
If they offer discount....that means another no good sign on gloves...is coming mah!
Thus be very careful loh!!
Posted by shortinvestor77 > May 2, 2021 4:48 PM | Report Abuse
No shares don't need to be jealous like KYY here. Kossan has the gloves ordered till at least the end of year 2021. Getting more order for year 2022. Mutation of viruses are not going to end like that (Look at India and it is spreading to the whole world). Premium gloves are like Mercedes price cannot compare to Proton which is like a substandard glove.
Atleast glove counters making good money, most other sectors can't even make profit. U think glove is where it will stop? These companies making lots of money they will diversify for sure. When u invest, u invest not just on earnings, but also for their NAPS, and cash on hand. Healthcare as a sector is very big. And healthcare business will be on an uptrend.
As for mah sing, mah sing can take glove money to drive up their current other sector businesses. Think of the business as a whole. Short-term good. Long term amazing .
Mah sing needs more time to scale up their glove production capacity. Only 2 lines running { commissioning production this month } expect another 4 lines by end year
“We don’t know yet how long immunity lasts from the vaccines that we have at hand right now,” Dr. Katherine O’Brien, who heads the vaccines department at the World Health Organization, said in a podcast. “We’re really going to have to wait for time to pass to see just how long these vaccines last.”
Mahsing core biz is build Dan jual rumah,building material cost hit sky lvl now profit cgl7firm will drop . Tis glove production line stil need lotsa $$ for expansion.
SERBA SALAH to buy now..and for that matter, any other counters. The whole Bursa outlook is not promising. Its very frustrating the last 2 months have been on a bad losing streak. No thanks to our political situation. Seriously considering to take a break for now
No MCO, price will go up. Got MCO also price will go up. Price follow covid cases. Check global covid cases, then u will see glove stocks still lagging.
No MCO but covid you don't need to use Glove meh??? what is the different, MCO or no MCO??? 0.920 is the strong support which if broke would be game over, no point to buy at 0.900.
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....
Wiser114411
61 posts
Posted by Wiser114411 > 2021-05-02 09:53 | Report Abuse
All factual stories from all of you. All data's on hand too. There are many good profitable counters at Bursa but their prices are still reasonable.
However, there are those who are in red yet they are the popular stocks of the day. If you think of making fast short term then you hv to be very alert on the stocks which being played almost weekly. Example Careplus. If you follow it closely you cud gain contra 2 to 3 rounds on the same day trading. Most important u must hv some cash to take it up If not reaching ur expectation.
For fundamental, go for profitable n potential stock. Expect some good dividends n perhaps bonus shares etc. It is up to investors to see what they really want. If you want to be speculators go for those speculative stocks.