@yahoo128 thanks. Yes and I might be holding tight even until next year. Please check and reply my inbox if possible already private chat u

Yahoo128 are u still on boat? Didn't check the price suddenly 19+ already. Glad to know

Very strong uptrend. Qtr not even out yet I'm excited for qtr! Cheers!
Yahoo128 cheers! Thks to all sifus here

Yes. I believe jaw dropping qtr has been leaked and we will see bumper qtr very soon by this month or latest next month. Foundation is always the same. Insiders leak will be the reason shoot up so much. Let's hold until year end and cheers, yahoo128

Yahoo128 At this rate Supermx will probably scales the RM20s till RM30. I hope all will prosper well together. Maybe can go for lobster together.@fcjia70 we hold till year end.

We can call him Holland sifu

TEAMROCKET RECOMMEND PDZ now drop 17% LOL LOL LOL HE SOUNDED LIKE SECRET INVESTOR 8888 BRING PEOPLE GO HOLLAND

Thanks to all sifu here for all the guidance. I'm just no one who follow simple advice, buy and hold.

Yes. But due to my business , very busy. Did not comment much. Cheers guys. Still holding tight.

Yahoo128 @fcjia70 long time no hear from you. Are you still on board?

Let's ride the boat yahooooooo!

Still holding. Everyday excited until I can't sleep.. waiting qtr like a baby waiting to drink milk

Thx for sharing aramco. Well said

Everyone is welcome for supermx counter. Margin contra long term short term intra..
Welcome welcome. Just don't bad mouth after selling ;)

Team A IN COMING

Yahoo128 @fca70jia you forgot S max is good till 2021. Chance of a life time.

Never forgot. Hahahahahaha but thanks for reminding!

Just hold until December...
Freetospeak sifu we trust.

I burnt myself doing this months ago. Not suitable for me. Even with the best TA will make mistakes .

Just have your own strategy and stick to it.. hehe

Those who sold ytd bought back d ?
I use to buy sell buy sell also. After a while very exhausted.. diedie hold easier for me la

Agree with charlesT..
Let's put into fridge !

sharesnewbie i am just refering those sifu asking ppl buy at high price and use free analysis for the students. those not good shifu. if ur shifu is good, u no need to defend for him, ppl will know

I'm not against u bro. We are just discussing ;)
I agree with u bro. Nothing is free.

I don't fight with people. Cheers all.
We just share our views.

sharesnewbie ya...watch how they persuade u all buy at high price. u can be defensive on why haters come to this place and laugh at u all, haters may not making any money, but u listen to shifu, did u earn or not ? this u have to be honest to urself

I don't earn yet. But I believe patience will be the key for big success. Like freetospeak sifu said. People nowadays no patience. Just hold for 6 months. If u can't hold why invest?

kelvin5349 fca70jia , people have different risk appetite and strategy...i believe that when 2nd wave news is up, it'll surely impact most because people would cash out and take profit when market sentiments starts to take place.

when malaysia started MCO and coronavirus started to hit everywhere, it was during march 19th - 30th when most bursa counters hit bottom. you can check yourself...thus he fear of hitting bottom is still there as 2nd wave story is over the news

U are right. When they are awake, the bull will be stronger.

sharesnewbie those sifu if so good, why they dun just earn themselves wanna share their profit with u ? when they share the news, i am sure they have already purchase at the low price. wait u come to pick up nia sorzai.

Make your own judgement and risk mgt. If not just shut everything, invest yourself. There's no right or wrong. Just diff strategy

I got blueballs got hit by supermx share price. Put some ice, continue to hold.
When u fall down, just climb back up.
There's a lot to learn for every trade u make

sharesnewbie wah lau... still a lot of so call shifu promote the shares, then saying he is not asking a buy call, just so good to analyse for free. sound like lao qian, and ppl still want to believe them they can give good tips on share, did u all ever ask yourself? why he can earn u can not earn ?

Then why watch? Trust your own judgement and be responsible for your own money.

People like freetospeak sifu otb sifu probability sifu share what they know for free because they want to help people like us and we appreciate them.

PMHLDG288 those still holding this stock are either greenhorns or amateurs

We are warrior in 300 movies.
We fight until we die.
Even supermx bankrupt.
I'm still proud to be one of supermx.
Hahahahaha

troy88 Yes fca70jia. It does not make sense indeed when gloves are in demand more than ever and people just sell off like that. Investors are humans and humans are not sensible. I am still in the gloves game but currently have lowered my stake considerably and more cautious in buying, not as aggressive as before

We all make mistakes. Most importantly learn from your own mistakes.

Once we master, no one can stop us in stock market.

Although I have a lot diff with yth888
I agree with her point : don't panic sell
Don't panic sell
Don't panic sell.

Will just f up your portfolio..

My strategy is the same. Drop until 50 cents I won't sell.

Die die hold. hahahahahaha

Ya la. Make no sense.
Coviq 19 cause second wave. Glove and ppe counters will make money.
People panic sell because of coviq second wave but didn't realize which counter make money?
How long for them to wake up I don't know I'll just hold my superman movie ticket.

Cheers for those holding. U are the real warrior

People really so easily get manipulated !

I regret bought a lot at 9. Should have bought little by little..

But is ok. We learn from mistake

I'm staying at level 9 condo and having little earth quake now. I enjoy to see people running around and have no feelings. I think I level up again hahahaha...

Slowly pick up la... Sad I don't have bullets already..

Cheap cheap sales!
My heart level up already.
Just like going Sunway lagoon ride the same roller coaster 10 times.. no feel.. haha

wellsaid, pblue.

Yahoo thanks for sharing. Let's hold together

Yahoo u plan to hold until 2021?

Hahahahah flyingtomoon2020, cheers. Let's dumb dumb hold and earn big this year.

Genting is damn good. Will invest there after huge profit from supermx ;)

Another ib justified sifu freetospeak's findings.
This show how freetospeak sifu having eye of an eagle , not chicken. Much respect.

Hahahaha agree. Should focus more on reading more this week.

Keep holding. And I enjoy holding it.

CIMB's view on glove...

Sector in focus: Rubber Gloves

Recommendation: Overweight

Top picks: Top Glove (TOPG MK, Add, TP:RM 25.00) & Supermax (SUCB MK, Add, TP:RM 9.80)
Other calls: Kossan (KRI MK, Add, TP: RM11.50) & Hartalega (HART MK, Add, TP: RM14.60)

Key highlights:
Share prices of glove counters particularly, Top Glove and Supermax declined by double digits yesterday. In my view, this is unwarranted. I have also received a lot of enquiries on the reasons why glove counters were being sold down, and whether there has been: i) any fundamental changes, ii) weakening of Dow Jones and iii) massive profit taking on these stocks.

Comments:
1) Based on channel checks as recent as yesterday, there has been no fundamental changes to the glove sector
a. Vaccine rumors still persist, but there has not one there has gone beyond clinical trials. Everything else remains as speculation at this juncture, with any potential vaccine are only ready for mass production by mid-next year (trust me, I cover healthcare stocks too!).
b. Quantity and prices of ah-hoc orders continue to increase (more glove makers are allocating higher percentage of capacity for spot orders) and order visibility remains solid for glove makers (12-14 months).
c. ASPs hikes are still on the cards (ASPs increases are likely to be up to 1QCY20), with more orders being received in preparation for 2nd wave of Covid-19 in various countries.
d. Near-term earnings outlook remains beyond solid, with glove makers likely to post record-breaking profits in the next 2-3 quarters at the very least. In fact, recent noises suggest that some earnings forecast for certain companies are too conservative.

2) If we just zoom into yesterday’s share price data, Malaysia glove makers suffered big declines in share prices while share prices of China-based glove makers appreciated by 7-10% yesterday. Singapore glove makers retreated slightly today by 1.7-1.9%. Based on data from the past 7 days, Malaysia glove makers are the only ones having negative share price performances (-7.3% to -32%), while share prices of Singapore glove makers still appreciated slightly (+0.4% to +5.3%).

3) As a matter of fact, we understand that there has been an increase in enquirers for more glove orders (spot and recurring) given concerns of wave 2 of Covid-19. This is given concerns of occurrence of more Covid-19 cases with re-opening of schools and businesses on a global basis. We have begun to see a re-spike in cases in China, US, Russia, Brazil and etc. (While things are normalizing in Malaysia, cases of Covid-19 on a global scale are in fact increasing and not declining)

4) Based on our earnings forecasts, glove stocks valuations have retreated to a level which we believe are very attractive (TOPG is trading at 13.6x CY21 P/E while SUCB is trading at 19.7x CY21 P.E – Both companies are expected to post at least 200-300% yoy growth in FY21 net profit). I believe glove stocks are attractive as they are trading at teen P/E, and have 200-300% yoy earnings growth.

5) Take note that our earnings forecast have yet to account for any surge in gloves due to Wave 2. On average, our earnings forecast for glove companies are accounting for ASPs increase up to end-CY20, flat in 1HCY21 with a decline from 3QCY21 onwards.

6) Will glove ASPs and demand for glove fall off the cliff? Long and short answer is a definite NO.

During H1N1, average orderbook was 4-5 months at max, and Malaysian glove makers enjoyed a minimum of 5 quarters of strong glove demand. Hence, we should expect at least 8-9 quarters of strong glove demand based on current order visibility of more than 1 year plus.

While we expect ASPs to fall when supply-demand of gloves is more balanced (likely when order visibility is below 4-6 months), but i believe that ASPs of gloves will never go back to 18-22USD per 1000 pieces. This is like expecting face mask prices to go back to 18 sen per piece in 2HCY19 compared to RM0.80-1.50 per piece currently (China masks which has no quality standard being dumped at 50-60 cents per piece – this cannot happen in glove sector, as gloves are used in healthcare sector which requires FDA approval). (Bear in mind, face mask machines can be bought off the shelves, but building glove plants including installation of production lines need 18-24 months to reach a certain standard produce gloves with FDA-approved quality)

7) There is a fundamental change happening for the glove sector, leading to positive trends in the long term. I.e. Better healthcare awareness, more glove usage in more industries, higher usage of gloves per capita in more countries. Hence, glove ASPs will never go back to 18-22USD per 1000 pieces, with recurring usage driving higher consumption patterns.

Thanks to newinvestor286 supermx forum

Nice analysis by cimb. Thanks for sharing, newplayer286

This forum really made me laugh...
I read it more towards entertainment rather than data collection now. Lol

Ya. Long term here as well. Never changed my decision after seeing freetospeak sifu's calculation

New corona virus mutation increases chance of infection.

Maybe this is why of the fear of second wave

https://mobile.reuters.com/article/amp/idUSKBN23M1M9

Thanks kim sifu as well

Ya agree. All thanks to freetospeak sifu.
He thought that nobody believes him but actually a bunch of us do.

My last purchase 9.12 also chill .. haha!
Don't worry la.. fundamental good company