You got to wait February when the vaccine come. Then you can collect very low. Today doesn't seems like got any action.

Actually we are playing like sentiment theme. Last year sentiment theme is gloves. This year sentiment theme slowly transition to vaccine. All sentiment will now go to travel after covid ended.

So after covid ended, there be a hype on travel related theme stock.

My expectation there will be a travel hype after covid ended. You can imagine those travelers hand so itchy want to go travel anywhere. Of course international border will be the last thing to open. Meanwhile, we can only do local travel.

So fair enough the genting will reach back to RM 6. Beyond that I not sure which depends on the reaction on glove markets.

I only can tell you after covid ended. There's 3 possible outcome:

1.) US keep printing money until whole world financial collapse which affect the whole stock market sentiment (Which is most unlikely)

2.) All the retailers taking profit out of stock market together when life become normal causing market collapse (Don't think is going to happen either because stock investing might be new norm in malaysia since everyday now many people opening account and invest in unit trust)

3.) All dump the gloves stock and will move to the worst impacted stock during covid which is travel sector. I foresee genting will reach back to pre-pandemic realistic target RM 6. (This time is a bit different though. As a lot of people still holding gloves. Not sure they will panic buy all the travel stocks that time after covid ended)

Trade on S2 and sell on R2. Upside beyond this is limited.

ASP to taper off in 1H2021. Although we hold the view that demand for gloves will remain stable post-Covid-19, we expect ASP to decline as there is no longer a rush for gloves compared to what happened at the beginning of the pandemic. Nonetheless, we expect ASP will stabilise at a higher level than the pre-pandemic level due to the broader usage of gloves. Moreover, capacity expansion from glove companies will be able to cope with the future demand.

If u invest based on trust, why should i trust you?

Friends? You trusted your friends that's why you still stuck at 8 haha?

Glove has earn his fair share of price. 300 percent increase is peak already .

Nothing will lift gloves anymore. Because gloves has earn his fair price. RM 6* 3 = RM 18.

All their profits are within expectation also. When first pandemic start until now is peak already.

Even aminvest give 6.5. fair enough

Rm 6 * 3 = 18. Who don't want to short? For me i will try short short as much as possible

Patience your head. You are not IB. You can't fight them. Gave up ba.

Queue 5.3

Jp Morgan ass never lies!

Lol is travel era coming. Even the one i invest in airbnb started to fly again. That's very weird man. Do they really look so far ahead?

Ya glove is dangerous. Really can sink until bottom suddenly from nowhere. Now just earning quick buck from there.

So easy la. Their own fund manager can push their own price until ex bonus date. They got the fund to go for it. So many people buying their unit trust. Retailers doesn't own much in public bank. Majority are institutional fund buying.

Hmm seriously puzzle whether this is a technical rebound or good news is coming?

Anyway, i had not sell any position.

If I can't place trust on international fund? Who can i trust? You?

Jp Morgan ass never lie!

I don't care why jp morgan want to give low target. All i know he is able to bring down the price and reflected in the market.

Lol mco not started today already?

RM4 ? Sure can. After someone released a new tp for topglove like jp Morgan

No difference. After qr release even more selldown regardless how good is the profit. Nowadays we already get used to the gloves profit. Billion of profit is just a small case for gloves. Nothing to suprised of. Trillion is different story

Because shorties no working 24 hours like you.

I am talking about whether the current profit is sustainable after covid ended. New norm also won't have this level of super-demand after covid. That means this level profit can't sustain in future. The growth is limited.

It's ok ma. I only sell the ex bonus one on the entitlement day. When they give the free bonus issue I will have have the free one in public bank that haven't sell yet.

No such new norm after covid because gloves is not the main essential prevent the covid. Mask is the one that offer great help.

No one say wearing gloves will prevent covid not even WHO saying that. Unless government force it after pandemic ended else the current profit can't be sustain.

If other countries really seeing the demand after covid ended, they might as well pre-book the gloves until 5 years under the pipeline which considering other countries might fight for it. Tan Sri only say so far only 2 years guaranteed full order under the pipeline.

Hmm with 21 my entry price is 19.88. Not much I can earn though. Not sure can survive until the bonus issue day.

Normally, after bonus issue people will sell actually to take profit. Maybe can sell after that.

Not one say JP Morgan lost big. Indeed they are earning big. They managed to bring down the price to 5.3 which is very well done. No one even know what's their entry price.

Their investment funds rarely lose money. Eventhough lose money somewhere can still breakeven with other stocks.

I will only come back when topglove drop more than 30 percent which is on February when vaccine come.

Nope never say so soon. Monitor in 2 weeks first . See the covid cases got spike up further or not

Haha i love bursa because the market is so volatile. Now switch back to recovery stock already. Naysayers can still stay here no worry haha. We don't need you at recovery stock

I guess is the vaccine contract news spike up the price.

Is a technical rebound actually. Although I don't get the reason how darurat affecting genting share price.

Jp Morgan ass never lie

Jp Morgan never lose money one.

No that i can predict the share price. Just tell you that 4, 3.5, 3 is good buy at this year with uncertainties for rising covid cases.

Lol why go sell your shares. The game in recovery stock is collect low more tickets and don't sell any position below 5.

Buy all 4, 3.5, 3 for long term. Of course road ahead now will be roller coaster.

Haha no wonder no strong buying because most of the sectors still need to come to company to work. Not even a mco haha.

No uncle and aunty stay at home to buy gloves lo.

Hmm my UMW still green. But PBBank I disposed already eventhough knowing they are going to issue the bonus soon. Feels not safe in bank stock especially the performance affected by the local & world financial economy.

Vanbasten might be getting burn in warrant. He buying a lot of recovery stock warrant. At this time, the warrant going to lose big.

Warrant can only hold for news to come out. Buy on rumor sell on news. Not meant for long term one.

Still my tp wasn't changed. buy all 4.00, 3.5, 3.0 if any

Ya green is because the biotech news listing. Anyway is good news for genting to cover up the impact from mco. That's why yesterday sharks keep collecting below 4.

I told u to buy 4, 3.5, 3.0. after that no need to worry anymore. Let the time prove it

So obvious the trend is vaccine haha. No one care about the mco from the announcement. People care about only the vaccine

lol you don't know what's state of emergency haha? This affect the whole stock market. Not even gloves can escape. State of emergency will scare off the foreigner investment further

Even EPF also dumped already lo. What more need to say? They know the news faster than you all la.

Gg liao whole bursa doomed. No wonder sharks yesterday disposed huge ticket to you all haha. That's why always follow shark dispose is the best.

I will see see first as i already collected quite a lot below 4. Don't mind to wait longer. Actually interested to buy warrant before February vaccine haha

Ya 1 week is not enough. That's why when come to the last day of the mco is most volatile and important.