Posted by gloveharicut > 2021-01-29 09:03 | Report Abuse

Reminder to myself.

I will only sell when ASP come down but not stock price come down.

Posted by paperplane > 2021-01-29 13:01 | Report Abuse

BRO, if stock price is ahead of reality, STOCK PRICE DOWN=REFLECTING ASP DOWN. So your LOGIC FAILED

Posted by gloveharicut > 2021-01-29 13:06 | Report Abuse

Bro paperplane

I follow analyst report. They get guidance from management. Most of the report is maintaining BUY

CIMB: 40%-50% QoQ increases in ASPs expected. HARTA TP RM21.80
https://klse.i3investor.com/blogs/gloveharicut/2021-01-27-story-h1540182883-CIMB_40_50_QoQ_increases_in_ASPs_expected_HARTA_TP_RM21_80.jsp



paperplane BRO, if stock price is ahead of reality, STOCK PRICE DOWN=REFLECTING ASP DOWN. So your LOGIC FAILED
29/01/2021 1:01 PM

Posted by gohkimhock > 2021-01-29 13:07 | Report Abuse

@paperplane ignore all those glove fanatics. Let them suffer more losses for speculating. The world is now embracing vaccine, whether one likes it or not.

Posted by duitKWSPkita > 2021-01-29 13:14 | Report Abuse

sorry to step in....

Bankers make last trial to "advice"/"advocate" to buy gloves.
Reasons as below:
1) They encounter huge debt/margin call failure if further down
2) they also have many Funds currently siting on 15% losses.

Hence, they have to carefully "advocate" to push up... thereafter, they may jump ship..


Similarly, when glove surge exceptionally high.... They also like to participate they "advocate" overweight and ask to release.... Fail command and ended up the bankers association agreed to slash margin...


Stories round and round non stop

Posted by gloveharicut > 2021-01-29 15:01 | Report Abuse

@duitKWSPkita

thank you for your input.

Are you a banker?

Posted by sensonic > 2021-01-29 21:17 | Report Abuse

Covid-19 cases in Malaysia cross 200k mark with 5,725 new cases reported while 24 new COVID-19 cases in Singapore, all imported.

Posted by ivanlau > 2021-01-29 21:46 | Report Abuse

Back to basic, all glove counters undervalue now...........

Posted by newbie8080 > 2021-01-29 23:18 | Report Abuse

The ASP is still growing but the rate had been slowing down significantly, evidence by the growth in net profit despite increase in production capacity.

Posted by investinfosharing > 2021-01-30 16:48 | Report Abuse

AT and its fintec groups are venturing into Glove business.. do anyone thinks that they would be reckon force in future?