I always emphasize that. It really depends you are which type of investor. Mid and Short can sell since expected bad QR. Long Term with huge holding power just hold and buy whenever it drop 10%.
When price increased too much in short span of time, it tends to go south due to profit taking. And if drops too much, the only way to go is north (unless the fundamental changed overnight). Which is very unlikely
I got no comment. When I ask people to sell, I got the allegation of creating rumor. I make my point pretty clear, don't catch a falling knife. Sell now, wait till the QR out when everything is stable then only comeback.
no specific detail on condom export. but i dont think so la. karex problem is latex price increase and ringgit strengthen. sales should be no problem. relax and wait it drop and buy cheap.
can someone pls advice why currency is strengthen but share price drops. (raw material in RM, OBM product selling in USD). I understand the price of latex is high at RM5/kg (Bulk). But compare to the currency, one pcs of condom on few grams, shouldn't the share go up?
coming report is jan-mar, and going to be ugIy. oct-dec15 ringgit was 4.2x-4.4x. now ringgit only 4.0x. you expect jan-mar and apr-jun will performed/perform better?? karex is still a good company but external factors are unfavorable now. latex price was rm3-rm4/kg. today is 4.93,this month is rm5-ish/kg. kinda stable there. a condom weight is less than 2grams. but remember condom is 100% latex. this years latex price is increased almost 50%. latex is about 20% of the manufacturing cost. so cost is increased 10%. currency dropped about 10% and cost is increased about 10%, tell me why share price should go up. i have not factor in the minimal wages yet. but i think not a big deal to karex, majority of the production is machinery.
Report fugly, beauty, bombastic up and down also nvm laa. As we expect will affected by currency rate already what.
We buy condom company aim for long term de ma. Vaccine getting weak, virus getting strong. Doctors can verify this de. Report wise might no, buy my doctor friend told me this. So i choose to believe lo.. Remem to buy whenever gt ppl panic sell, then hold...and wait. Olympic coming, world cup coming, imagine the brazil market lo.. <-- I blow water only.
each time after bonus issue, latex price was drop, then ringgit was weaken. that was the reason it rose. but this time is ringgit strengthen latex price rise
fear and greed is hard to differentiate. when people are fear u greed?? arent u people also. how u know people are fear now?? all i can see is people still greedy to average down.(i could be wrong, this is only base on feeling)
Hello people... I witnessed smtg today. Despite some persistent and rather aggressive selling activities twrds end of trading today, I can see strong buying interest to push d price back up swiftly again to close at 2.34 just goes to mean only one thing: others r happily collecting Karex ahead of d upcoming QR announcement. Dun be fooled by those speculating of a bad upcoming QR. In reality, I believe 98% of Karex trades r carried out by medium-to-long term investors who truly cud see Karex's attractive valuations in the near term.
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....
noobnnew
973 posts
Posted by noobnnew > 2016-05-12 17:38 | Report Abuse
I always emphasize that. It really depends you are which type of investor. Mid and Short can sell since expected bad QR. Long Term with huge holding power just hold and buy whenever it drop 10%.