@newbieCK i am talking about myself till holding ticket from 10th floor

next week better chance lar, SW expiring. But better not lar else my losses will be > 50% liao

when is the dividend share will be in?

but they buy high sell low, scare

@stockisnotfun if this TP is an indicator than the price now is under value and has so much room to growth

@gloveisfinish if the market is 9-12 mths forward looking and ignore the profit of gloves in 2021 why don't think apply to all the vaccine counters?

@NicholasTanSX in your chart do you take SW exercise date and price into consideration?

should cut loss now? really??

@swagger855 you change wind?

next week SW expiring, down again?

could it be the shorts already bought back the share yesterday?
the volume was so high.

what happens to short selling?

what happens to short selling?

@Morpheus61 bro, want to ask if everyone is losing money and knew that SW will be a losing bet why than there are still so many people buying SW? After March the exercise price for SW is much higher, won't the SW become none attractive if the mother shares of TG/SPM continue to be so low like 6+/-? Then who would want to buy SW?

Not sure if anyone else can help to enlighten me?

kltower
if my prediction is correct glove super demand will sustain after 2022.

Maybe for 1-2 more years, when the pandemic is over and things are relatively normal glove may not be use as frequent and more doc/nurse may choose not to wear gloves for injection.

https://www.wionews.com/world/mexican-doctor-admitted-to-icu-after-receiving-pfizer-covid-19-vaccine-354093

stay safe bro

Are we heading to more and more covid cases?

https://www.nst.com.my/news/politics/2021/01/654145/why-are-we-afraid-holding-ge15-during-pandemic-asks-zahid#.X_GQ9wg1D-4.twitter

https://edition.cnn.com/2021/01/02/health/us-coronavirus-saturday/index.html

Let's hope this wouldn't happen here

@Morpheus61 bro, want to ask if everyone is losing money and knew that SW will be a losing bet why than there are still so many people buying SW? After March the exercise price for SW is much higher, won't the SW become none attractive if the mother shares of TG/SPM continue to be so low like 6+/-? Then who would want to buy SW?

There is no need to argue whether vaccination needs glove if this man is using it, Who can argue to know more than Fauci on infectious diseases.

https://www.marketwatch.com/story/fauci-reportedly-says-u-s-will-not-extend-interval-between-vaccine-doses-11609533504

question, if JP Morgan really believes that TG only worth RM3.50 why are they still holding and buying more TG shares?

MoneyMakers @staedy seems ur very2 new to investment..here’s the strategy to average down if in losing position:
- holding 1000 shares @ 9.0 (cost 9,000)
- average down buy another 5000 shares @ 6 (cost 30,000)
** average cost become 39K / 6000 shares @ 6.5 per share
*** some try to average down when its getting oversold & expecting slight bounce..if price bounce 6.5 then can sell without any loss
# average down strategy is fine if have unlimited funds..otherwise, will try average down but more money stuck if enter wrong time (keeps falling)

Won't it be easier just to find another counter with more potential rather than hoping for this counter break even?

So far from what i read viral vector-based vaccine is not available for MERS, Ebola's is effective for 12 mths and malaria's is effective for 10 weeks,

the vaccines be it Astrazeneca or Pitzer, Moderna has a big question of how long is the effectiveness. It could have been an annual injection like flu injection. Then the usage of gloves will be even higher?

Why would the fund manager average down the purchases unless they are pretty confident the price will go up? if not out of thousands of shares why choose this one to buy again if already got burnt last round?

MoneyMakers @Glovers Could be average down their purchases..the only way to cover losses is buying significantly more when price falls

Thanks @gLOVErs, happy new year and lets HUAT together in 2021.

@gLOVErs and @True thanks for your kind advice, looking at the options and in the meantime try to pick up some knowledge about market and shares. Not really pressed for this money to save my life but will be really great if my balance sheet looks better than the current stage. Just have to wait for the market to make sense i guess.

sifu, than what will be fair measuring factors to evaluate if let says this counter at this price is fair or not?

the problem is what is the real value? how to determine this real value if not looking at PE/EPS/revenue?

than what should be the measuring factors? how many IBs willing to push?

@williamtkb if compare the EPS of 2.31 VS 31.5 why not?

@MatKoh and @ToneeFa

Thanks for the information and advice. Really appreciated.

supersaiyan3 Staedy, now topglove and supermax will rise for 2 to 3 weeks, pick a point to sell. Or else wait for another 2-3 years, collect dividend.

Thanks all the sifu for the kind advice.

Sneakpeek Woi staedy in spermax forum u said lost 40%..in this forum lost 40%..where else u lost 40%.. not nice laa trolling people in distress

Dude i said i have paper loss of 40% in glove counters !!!! I am unfortunately holding Supermax, TG and K+ all bought almost at the peak before bonus shares! Is it a crime now that i bought all these shares at the wrong time and didn't know how to cut loss!!!

DebunkTheScam @staedy I think you need to take time off to read more about investing first. At 40% loss is ridiculous. I would have cut loss at 7~8% and consider buying back when trend reverses. At this point now, you are just gambling!

the point is I don't know how to see the trend! I know bit naive I thought just invest in these gloves counters with lots of profit should be enough apparently stock market doesn't work this way.

staedy AlvinTSK The paper loss trick again ?? Why you are so free arr ?? Opppss I forgot ... you want in but too cheap for the current price !! So what to do again...create panic lo so people will sell low and hopefully match your q buy price ... Another cheapskate!!

you are asking me? if i am so free and all my fund are still availble than i will be very happy for you to call me cheapskate lor!!

READ MY REPLY PROPERLY. I SAID IFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF
If i didn't tie down my funds in glove share DUDE!~~~~~

I am asking for advice from all the sifu here cause I really am in deeps**t with huge paper loss. If you don't want to advise also any need to pour cold water.

AlvinTSK The paper loss trick again ?? Why you are so free arr ?? Opppss I forgot ... you want in but too cheap for the current price !! So what to do again...create panic lo so people will sell low and hopefully match your q buy price ... Another cheapskate!!

you are asking me? if i am so free and all my fund are still availble than i will be very happy for you to call me cheapskate lor!!

DebunkTheScam @staedy Are you serious or just trolling? Avg price of 9.5 is almost at its peak. How is that an average??? If its for real, I feel your pain. But really, the decision is yours to make, and yours alone. Nobody knows your financial standing. If you have tons and this is just a drop in the ocean, I guess there is nothing to worry. But if you depend on these funds post moratorium, then you need to think of an exit plan short term. No point stressing over it, it will not make the situation better, just impact your mental health. Make a decision what you want to do and commit to it.

Ya, newbies, committed to the shares almost at the peak with almost all the fund available. Didn't think it will drop so much so fast with the demand for gloves obviously should be continued regardless of the vaccine available or not. Not sure if I should continue to hold because obviously, this is a game that I know very little about. On the other hand, this all just doesn't make any sense. The price is so illogical.

Above60percent @staedy You need to forget how low it has dropped. It basically does not matter anymore. You need to analyze if it will drop further from here or will start to rise. If you think it will keep on dropping, sell.

For any future trade you must set a stop loss price before you buy any stock.

Ya newbies didn't know such good fundamental stocks can drop beyond recognition and obviously, the glove is still in high demand, with or without the vaccine. This all doesn't make sense.

Now I am not sure if it will drop more?

Seriously need some advice, lost 40% in gloves counter on paper, the avg price for TG is 9.5. What to do now? No more bullet to ave down. Stress to the max.

Seriously need some advice, lost 40% in gloves counter on paper, the avg price for Supermax is 10. What to do now?

anyone knows why there is no more stock warrant information here?

do you have the number of glove demand and supply for year beyond 2021?

@sslee let give a scenario, the operating expenses to produce min of 10 pcs of glove is RM10 (for headcount, depreciation of the machine, marketing cost, warehouse cost, ops cost and etc) , if I produce 10 pcs of glove each one will cost RM1 to produce + raw material cost and tax let say 1.5 then the cost to produce a glove is RM2.5, right? If i sell at RM5, my profit is 2.5 per glove.

But if i produce at the optimum level of 100 pcs, each one will only cost RM0.1, than the cost will become RM1.6, am I correct? If i sell at 2.5 my profit now becomes 3.4. My margin has increased to 68% as opposed to 50% previously.

Am I wrong to sell the glove at RM5 as per the previous cost?

Top glove TP 3,5 only wor, Supermax 7 mai super expensive? some more glove is dead wor, you sure you want to come back?

cause these are the counters they know income is guaranty and already kena short selling ?

Really? what is Teamrocket prediction now?

what is the basis on PE ratio, the Public bank downgrade the TP based on 8x PE ratio is that even legit?