Posted by enigmatic ¯\_(ツ)_/¯ > 2020-05-22 12:06 | Report Abuse

Very hard to resist the temptation of making a fast buck when glove stocks are making more money each day.

But what I tell myself is that, this kind of investment method is not for me.

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-05-22 12:07 | Report Abuse

I'm not sure why your article isn't trending. Timely advice for us to stay cautious.

Posted by Henry8833 > 2020-05-22 14:16 | Report Abuse

This round also pushed by all IBs as you can see they upgraded Top Gloves and Supermax to a very high TP due to high projected earnings and more than 10 months lead time. This round may be slightly longer.

Posted by qqq33333333 > 2020-05-22 14:39 | Report Abuse

exceptional profits X upgraded PE = sky high targets..........

tp are always based on rationalisations in a speculative phase....

eg..A X B X C = fill in the blanks.


u can rationalise almost any thing , when there is a hot streak.


but the brilliance lies in recognizing early, gloves are the only game in town...and take it as far as it can go.


one day, the earnings will be back be normal, PE also back to normal ( if financial theory has any meaning).....so, its game on...for now...........

Posted by qqq33333333 > 2020-05-22 14:41 | Report Abuse

normalised earnings X normalised PE means whole thing comes crashing down..............but..........that is for another time, other people.

Posted by qqq33333333 > 2020-05-22 14:43 | Report Abuse

another 3 months before next results season.....3 months is life time away.............

Posted by qqq33333333 > 2020-05-22 14:46 | Report Abuse

Henry8833 This round also pushed by all IBs as you can see they upgraded Top Gloves and Supermax to a very high TP due to high projected earnings and more than 10 months lead time. This round may be slightly longer.
===========


in theory, abnormal earnings should be matched with lower PE...........but that is only theory in textbooks.....


in speculations, high abnormal earnings should be matched with extra high PE..........die or not?

Posted by Henry8833 > 2020-05-22 14:56 | Report Abuse

With the expected superprofit, there will be high dividend and bonus issue etc as gloves companies are generally cash rich companies.

Posted by qqq33333333 > 2020-05-22 15:04 | Report Abuse

Henry8833 > May 22, 2020 2:56 PM | Report Abuse

With the expected superprofit, there will be high dividend and bonus issue etc as gloves companies are generally cash rich companies.
===========

its all about character/ attitude....character/ attitude of KYY/OTB types....either u have or u don't.

every thing else is rationalizations, justifications.

Posted by Ricky Yeo > 2020-05-22 15:48 | Report Abuse

Well, how do IBs make money? Commission, not the accuracy of their TP. Incentive is a superpower.

And under the context of confirmation bias, IB's TP is irrelevant. IF they provide a higher TP, the crowd use to rationalise their decision; if their TP is lower, the crowd rationalise that as an act to get the market to sell down so they can accumulate.