Koon Yew Yin's Blog
Price Chart prevails - Koon Yew Yin
Koon Yew Yin
Publish date: Wed, 20 Jan 2021, 11:18 AM
Koon Yew Yin
0 1,446
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
Since the Covid 19 pandemic began the demand for gloves far exceeds supply. As a result, all the glove makers can eaily increase their selling prices to make more and more profit which should be reflected on their share prices. Initially all their share prices went up. Unfortunately, for no good reason, their share prices have been dropping in the last few months. This phenomena is so rediculous.
Supermax’s 1st quarter ending September EPS was 39.58 sen. Its prevoius quarter ending June was only 15.19 sen. It made 100% more profit. Its 2nd quarter ending December should be another new record profit which should be announced soon. Among all the glove stocks, Supermax has the best profit growth rate.
Currently Supermax is selling at the projected PE about 3.
I am ashamed to admit my mistake in believing fundamental analysis must eventaully prevail. I believe the truth will set me free and good fundamental will eventualy prevail. As a result, I did not sell my holdings. About 80% of my holding is Supermax and 20% is Top Glove.
I should have sold some of my holdings ealier. Now is too late to sell because each of them has already dropped about 40% from its recent peak.
The price charts for all the 4 leading glove stocks show that they all have been dropping in the last few months despite their excellent fundamental qualities.
Investors must remember that price chart takes preference over fundamtal analysis. You must sell as soon as the price chart is showing a down trend. Never buy a down trending stock even if its fundamental quality is excellent.
Hartalega Price Chart
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Discussions
2 people like this. Showing 50 of 69 comments
1)
The Black Death occurred between 1347-1351 and killed approximately 75-200 million people
The Spanish Flu occurred between 1918-1920 and killed approximately 17-50 million people
- The pandemics ended quicker and with lower deaths
- Both ended naturally without vaccines
2)
The COVID-19 outbreak started in Dec 2019
To date it has infected approximately 96 million with 2.06 million deaths (mortality rate ~2%)
- On 11 Jan 20, the SARS-CoV-2 genetic sequence was published
- On 13 Jan 20, just 2 days later, Moderna finalised its COVID-19 vaccine design codenamed mRNA-1273
- In Feb 20, the WHO stated it does not expect a vaccine to be available for 18 months. WHO's minimum criterion for COVID-19 vaccine efficacy rate ‘~ 50% point estimate’
- In Mar 20, the WHO declared COVID-19 a pandemic
- In Nov 20 barely 9 months after WHO's forecast for a vaccine, Phase III clinical trial results of mRNA vaccines were released
- Efficacy rates - Pfizer-BioNtech 95%; Moderna 94.1% - far exceeding requirements and what was ever thought possible
- In Dec 20, both mRNA vaccines were approved. Mass vaccinations in many parts of the world began
- The mRNA vaccines (and others) took less than 1 year to develop from proof of concept to human trials to approvals – what it takes on average 10 years to achieve
- mRNA vaccines are ground breaking medical technology that has multiple uses outside of the pandemic
All unparalleled feats and a miracle of modern medicine
Total Doses in 2021 (as at 28 Dec 20)
- Pfizer-BioNTech: 1.3 billion doses
- Moderna: 500 million - 1 billion doses
- AstraZeneca: 3 - 4.5 billion doses
- Novavax (1.3bil); Curevac (~400mil); J&J (~1bil)
- Gamaleya Institute Sputnik V (~1.2 bil doses)
- China - Sinopharm (2; ~1bil); Sinovac; Cansino
Total: 9.7 - 11.7 billion doses
The COVID-19 pandemic is over
Mankind has won
Sincerely,
EMSVSI
2021-01-20 18:54
Fundamentals still prevail. Based on true normalised earnings, not one-off events
And remember, markets are always forward looking, not just on the next few quarters
Sincerely,
EMSVSI
2021-01-20 18:58
Where is your "business sense"? Didn't apply ah? Competition in 2021 will even be more furious!!! If u made mistake, sell, move on n fight another day...
2021-01-20 20:36
@citadel00 Yes, looking into NTA PE PAT these kind of fundamentals confirmed go Holland. Those things only apply to AH PEK, Old Generation investment skills whereby is outdated. Now new generation like us even PN17 also can make money. We never learn & don't need to learn read QR. The most important we listen the more people goreng we follow goreng. I believe those AH PEK, Old Man, Old generation won's agreed with us. But how come we earn more than old generation. Proven looking at NTA PE PAT totally not work for this generation liao. Those method already outdated. In stock market must react fast.
2021-01-20 21:06
please do not talk BIG!! sifu...one day you will jumpa the harimau if keep going up to mountain....
2021-01-20 22:05
Posted by PureBULL ... > Jan 21, 2021 5:00 AM | Report Abuse X
In Stock Investing, be constantly Lectured niceeely by the cina.ancient.man ST:
a. The supreme excellence of gaining is when strengths and opportunities encompasses weaknesses and threats. Depending on opportunities alone are merely speculation.
b. Know thy self, know your opponents
c. Hundred problems, Hundred solutions. Avoid your opponents when they’re strong, successes are gaining without getting hurt
2021-01-21 05:20
Look like everyone is teasing this old guy... No one supports him? Please pay respect to old guy as DATO said. Or else DATO will beat u
2021-01-21 07:26
Philip ( buy what you understand) That one actually is introduced to me by qqq3.
It is the mathematical formula for success.
Success = q( your ability to execute )*r( the value of your idea)
Basically in stocks, how well you do depends on your ability to have a great idea, then how will you execute on your idea.
So if you had a great idea to invest in hartalega in 2009, but you only bought 10 lots, you don't get to be successful.
But if like kyy had a mediocre idea in liihen, but he sailang, he still success.
Imagine if he sailang all the way in Amazon 2009, he would have been a monster!
03/02/2019 7:37 PM
2021-01-21 07:35
Liihen is a small cap, he can push up easily with just over 10% holding. While Supermax is a Mega cap stock, his holding is peanut, how to influence the stock price.
2021-01-21 08:53
It takes wisdom and experience to able to read between the lines, which many lack nowadays
2021-01-21 09:19
When old fox come out write up to promote Supermax again, you know lah that the time his margin acct kena force sell ...More he talk , suprmx will drop more !!!
2021-01-21 10:27
I thought Uncle was advised by a super PROMINENT remisier analyst who practiced TA first FA second...what happened?????????????
2021-01-21 11:10
@118168 I win alot in penny stock. But u lose alot in konon fundamental stock. Why cuz your method is outdated. Being a smart investor we must understand right now many new retailers like to goreng. That's why u cannot follow those Ah Pek or old generation method to apply current situation. Everything is outdated that's why u lose money like KYY.
2021-01-21 12:59
Malaysia Stock market the hardest in the world to dabble in . WAKAKAKA eventhough you are right but the market goes the opposite direction wakaka
2021-01-21 13:03
Is better to sell and cry when thr share goes up up n up Rather then Cry cry when the share goes down down n down
2021-01-21 14:19
So many new young retailers showing off their success in penny stocks..and looking down on oldtimer investors...if you can read the signs, you know what is coming already in the market. Better get ready.
2021-01-21 15:14
i came to know about Mr. KYY when he was in the news. i read about his stock investing acumen. staying at home and thought of doing some stock trading. i googled Koon Yew Y... and came across his write up on Supermax. It made very food sense and i believed in him. so i sold off my lost making stocks which i had been stuck with for many years, and bought in Supermax. Its price was trending down and i still believe in Mr. KYY. Now this latest article is just like a sudden TNB blackout. i wonder if i could still see the light. sigh...
2021-01-21 15:18
U Should follow marketsifu above, play penny stocks and be rewarded with gold and diamonds..so you can wear them around your neck as a display of your success. this is the trendy way to invest, don't be old fashion.
2021-01-21 15:27
This old geezer writes as if the world don't understand except him. Why is it so hard for him to understand that majority of players don't want to play glove stocks because Tech shares are shooting up like rockets daily.
2021-01-21 17:49
just give up la. you didnt sell your portion, how it can up. your portion too heavy.
2021-01-21 17:52
@Pharker Please look at your so called good fundamental Glove today drop until support line. Tomorrow maybe drop to 4.1.2021 low. Why wanna hold so tight. Come & join us goreng goreng. Today we also bought HPP at RM0.715 & Sell at RM0.90 earn 25%. Easy money.. Rather than you hold tight tight on glove or average down. The more you average down the more it drop.
Some even naïve, said enjoy fruits in future! Haha. Maybe old generation don't know how to calculate. That's why I'm here to teach most of them.
Example: I know most of the old generation here I believe losing money, they keep average down. Let me assume that most of you guys average price for TG around RM7.50.. Imagine by 3-6 months later TG might hit RM14.00 you only earn 100% whereby I within 1-2 weeks can earn more than 100%
Those hater, please wake up!! 2020 onwards is NEW GENERATION!! Just like many old people still don't know how to use Computer or Handphone. As youngster we must make sure old generation wake up cannot sleep invest based on 10-30 years ago method.
Just like people 20-30 Years ago invest based on NTA but few years back many investor don't look at NTA anymore. Old generation like my aunty still call remisier to help her sell & buy stock, even still read newspaper. We have to improve, don't stay inside the jungle anymore.
2021-01-21 18:06
From October until today I earn more than 1000%. Imagine if today I still hold glove konon good fundamental do you think I can earn 1000% above if I still follow those outdated mindset sifu or like you, today I believe I still losing money.
2021-01-21 18:12
If you are confident that gloves are good fundamentals, why don't you just buy more, and keep them forever?
The truth is, that you know that gloves are going to turn to crap once pandemic is resolved, so you are planning to sell all of them at that time. Unfortunatly for you, you decided to play hot potato, and you got stuck holding the potato.
Like, I bought Genting. Now that one, I really believe in the fundamentals, I am perfectly happy to hold onto it for the next 20 years, no problem. hahaha.
2021-01-21 19:39
Marketsifu,
I know you are like that Uncle advisor... super PROMINENT remisier analyst who practiced TA first FA second...
Marketsifu, your modus operandi is buy first and then tell your followers to buy after you... at that time you sell all to your followers and earn handsome Rm.
You think we old timers don’t know your tactics kah?
2021-01-21 20:09
When the tide settles down, then we will know whether this self proclaim marketsifu is swimming naked or not. If you made money by "pure luck" during good times, you will lose all your earnings during bad times.
2021-01-21 20:59
@Zuliana, Because you never win like me, that's why you won't understand.. I proud of my self & I got the power to LCLY!!
2021-01-21 22:57
No lah..marketsifu is at the height of his success..with golds and diamonds chains all dangling around his neck and wrist..punting penny stocks like no tomorrow and earning more than 1000% return. Fortune favours the bold.
To be fair, should also allocate a small part of my portfolio to joint his party and join the fun, and dabble in penny stocks,to spice up your investment journey. just like when u go Genting gamble, (unfortunately cannot now coz of MCO, so can only do online gaming), the adrenalin rush of winning give you a certain "high" which you cannot get by investing in fundamental / value stocks, which may sometimes take a while b4 it is priced in correctly..lack the high and rush of instant gratification.
To the younger generations, patience is not a virtue anymore, it is viewed as a sign of weakness. Make bold move, take big risk and hit the jackpot -- that's life, exciting and not boring. Yeeee Haaaa.
2021-01-23 00:21
p/s : still holding onto my boring my glove shares, maybe will liquidate some and join the penny stock frenzy..may be. , may be
2021-01-23 00:24
jasonred79..ya, just like what you have said, i added some glove stock yesterday, i.e 21-1-20201, not a lot, just a bit to bring down my average further. thanks for your sacarstic suggestion, as today 22-1-2021, it went up. But don't worry, i will not keep them forever..I never fell in love with any stocks.
2021-01-23 00:32
@Pharker What do you.. The minute you said average down I think you still losing money in glove. I just advice don't stick with old generation investment method/skills. Have to change your mindset. Better allocate 80% in penny stock & 20% glove. As glove good fundamental but chart show downtrend & IB RSS. Why wanna waste time. Be a smart investors
2021-01-23 16:03
Haha, those tech and penny stocks all extremely high now with pe >100 some more weak fundamental with eps cents or negative, wanna lure us into takeover your position and help you out from glove short later we all die losing hugely on tech and penny while gloves rebound with your buy back, sorry I wont fall into this. No interest at all with your tech bubble
2021-01-23 16:40
@marketsifu. Thank you for your kind thoughts and advise. To be honest, this is my 8th round ( In and out) of glove play since beginning of 2020. Each round I made money with the largest being the 1st round. To be honest, my last round (8th round) is the only one that is in a losing position. Previous 7 rounds . all made money. But my average for this 8th round is now closing in to the market price, but still losing nevertheless. But overall 8 rounds ( net net) still very much in the positive territory.
The market needs player like you to be more colorful, more interesting, without investors like you, Bursa would be quite boring. So play your role, and remember to learn something since you are the new gen investors, quite new to the market, and I am sure the market has many things to teach you in your investment journey. learn well, good luck and wish you success.
2021-01-23 21:11
The performance in stock market is not measured by 1 year or 2 years. You must at least continue to make profit year after year irrespective whether KLSE is bearish or bullish. If KLSE is bullish, you should make more. If KLSE is very bearish, at least you do not lose big money.
I am very happy to hear someone made a lot of money in stock market, I hope he can preserve his gain for next few years. Making a lot of money and lose back later is not a good record.
Please keep track your records and show me after a few years. If the records show that the gain can be kept without losing back to the market, then you can be considered as a good investor.
Good luck.
Thank you.
2021-01-23 22:01
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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....
Marketsifu
Luckily I'm smart & intelligent invest in stock market even I just a newbie. I seldom lose money, I like to buy stock below RM0.20. I earn alot in XOX, Vivocom, AT & many penny stock.
If u wanna be successful like me, some rules you must follow:
1. Never listen to those old generation, old man, Ah Pek, old thinking, old fashion, old method Sifu. Most of the old generation invest based on outdated method looking at Fundamental, NTA, Cash rich company. No wonder most of old generation people losing money.
2. Most of the old generation what is internet also Donno, that's why they don't like Tech stock where by tech Uptrend since March 2020 or penny stock mostly all limit up most of them miss the opportunity.
People like me luckily smart enough, I never invest those glove stock. Glove even up to RM12-15 you only earn 100%++ Imagine if u invest RM0.1 cents stock up RM0.2 u already earn 100% salah salah sometime can earn even 1000%
Please la, old generation pls stop advice young generation looking at Fundamental, NTA, or cash rich.
2021-01-20 17:55