Oracle of Pekan
Followers
0
Following
0
Blog Posts
0
Threads
882
Blogs
Threads
Portfolio
Follower
Following
2020-09-18 09:20 | Report Abuse
another round of rollercoaster, wear your seatbelt now.
2020-09-18 09:19 | Report Abuse
Sorry to the Supermax holders here, it might remain red before today ends also. Play at your own caution.
2020-09-18 09:18 | Report Abuse
i3lurker at least today long ha and bao yu, right?
2020-09-18 09:16 | Report Abuse
Remember to control your emotions. If you are fearful, then you'll only give in and surrender your money for free like a little wimp.
2020-09-18 09:15 | Report Abuse
yes my student. second best time. still good.
2020-09-18 09:14 | Report Abuse
@wallstreetrookie Because it's very clear manipulation.
2020-09-18 09:13 | Report Abuse
The lows are over low, if you haven't bought, averaging up is also ok.
2020-09-18 09:11 | Report Abuse
Anyone holding this now, I suggest to not pay attention to the price movements, later only make you go crazy lol.
2020-09-18 09:09 | Report Abuse
@i3lurker Reversal seems to be happening already
2020-09-18 09:01 | Report Abuse
@goldenluck16 yes, holding now is the only wise thing to do.
2020-09-18 08:50 | Report Abuse
Dafuq? Vietnam oso got. Damn
2020-09-18 08:47 | Report Abuse
@supersinginvestor Lol. Supermax is a gamble, will always be.
2020-09-18 08:37 | Report Abuse
@Investor7783 At most stay around this range, very hard for it fall for further since the holders won't let go easy as it would be a premature cutloss. Then again, who knows?
2020-09-18 02:29 | Report Abuse
@daisidoi Likely, as the goreng period for small-time glove stocks is over, people will try to time the lows over here instead.
However, depends on whether there are idiots who decided to cutloss right now when they could've cutwin earlier.
I don't know everything but I suspect the holders this time around to be extremely strong holders either due to foresight or dw to cutloss, so expect that it opens higher. After that, idk.
2020-09-18 02:01 | Report Abuse
@ThePowerOfGlove Most ppl will flock in like no tomorrow when analyst reports upgrade TP to be even higher. They don't see things as you do.
Only in Malaysia, truly Asia.
2020-09-18 01:57 | Report Abuse
When the market is bad, and this does not crash, it is fishy, isn't it?
2020-09-18 01:54 | Report Abuse
@pharker you are discounting future pandemic now.
2020-09-18 01:44 | Report Abuse
@ThePowerOfGlove Interesting. You can also be right. If the company has been successful for so long since when he was a small-timer with humbler roots, he might just know how not to 'lose' it.
Just don't really like how he presents himself on many platforms. In person, he does seem nice, then again who knows.
Anyways, compared to Jack Ma, he's quite mild I guess.
2020-09-18 01:33 | Report Abuse
@iridesxon agree, sometimes cutting win helps you to avoid cutting loss since you cant always sell the highs.
2020-09-18 01:32 | Report Abuse
@jasonred79 wa free rent. some folks only give 10-30% discount. you kinda a rare breed tbh, but then again maybe you are already quite settled in your life (?idk)
2020-09-18 01:30 | Report Abuse
Regarding the reliance on manual labour, I suspect it's only going to burn the Supermax investors in the long run since the process of attracting talents, setting up smarter pipelines take time and experience which I also suspect they don't have, but who knows. For now, their profit will might justify their price, later on maybe not really.
2020-09-18 01:26 | Report Abuse
So, a PSA again, don't do margin contra shorting, no one knows whether the market will move at an accelerated pace (in either direction) again. If you have excess cash, then you can invest as that is not counted as goreng.
2020-09-18 01:24 | Report Abuse
My main concern now is their switch-over to rely less on manual labour, which is smtg he seems to be concerned about oso. Depends on execution.
2020-09-18 01:22 | Report Abuse
@jasonred79 losing money is ok if you're young. you always have time to learn and not get conned next time.
Long/medium term is prolly ok depending on what lim does next, if I am wrong in calling him a braggart, then my apologies to him. However, I don't believe that it'll be worth too high given the volatility as time goes.
For now? Very good value.
2020-09-18 00:56 | Report Abuse
Err.. at this point, no point to goreng small glove counters. I suggest to move on.
2020-09-18 00:54 | Report Abuse
This one really have to see first then only buy. Highly likely to get fxcked
2020-09-18 00:52 | Report Abuse
@jasonred79 it's quite sad that these days people are committing suicides during lockdown oso.
2020-09-18 00:42 | Report Abuse
@geary damn. it's that serious already.
2020-09-17 19:02 | Report Abuse
then don't listen. I have been more right than wrong.
2020-09-17 18:59 | Report Abuse
@jack663 can reschedule jump sea one. friday will tell you how it goes.
2020-09-17 18:58 | Report Abuse
@AxeCapital2077 True true true. Let's see if the market corrects itself earlier than last time, this time around.
2020-09-17 18:57 | Report Abuse
@ThePowerOfGlove If you say like that, then people shouldn't have continue to promote it on Tuesday?
2020-09-17 18:55 | Report Abuse
Overvalued would be anything around and above the 13 range. It was roughly going up 15% a day until Tuesday, so guess how many days it takes for it to reach there.?
2020-09-17 18:54 | Report Abuse
Dave is right here. With 1.3B PAT, it is currently undervalued. The rate it was going up though? More likely to cross the overvalued (around 12 give or take) range.
2020-09-17 18:51 | Report Abuse
Dividend doesn't matter for these kinda companies.
2020-09-17 18:51 | Report Abuse
@Cojack31 More possible than down at this point. Still, depends.
2020-09-17 18:47 | Report Abuse
Tomorrow if it doesn't stay at the 8 range reliably, just consider cut win lol, or cut loss.
2020-09-17 18:45 | Report Abuse
I have a feeling dhalsim actually play contra since he likes to say I do that all the time. Very sad day for you dhalsim.
At least you're not completely wrong on your stock picks. Hopefully you recover your losses and no need to pokgai.
2020-09-17 18:43 | Report Abuse
Wow. This not finished frying?
2020-09-17 18:42 | Report Abuse
@supersinginvestor EPF trading. Don't be an idiot. These people are licensed to do whatever they want with the portfolio.
2020-09-17 18:38 | Report Abuse
@PrimarisMarine Unlikely, Supermax is not a stock you'd want to buy high on. Future's not even guaranteed.
2020-09-17 18:37 | Report Abuse
Still very much overpriced.
2020-09-17 18:37 | Report Abuse
@Goldgent still holding?
2020-09-17 18:36 | Report Abuse
@Invest1688 Now you only know?
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-09-18 09:21 | Report Abuse
@niubility666 I suggest next time a bit longer.