quarter profits X 4 up and down. Shares up and down. No benefit to economy.....there is benefit to economy only when companies are rewarded for sustainable growth, well managed, high accountability, responsible, good quality, good business, good track record over many years....managed by people of integrity, good respectable Board of Directors.
For the past 3 quarters. Glove have been reporting explosive qr but the price going down. That's why kyy got trapped. Now qr maintained while kossan and careplus skyrocketed and the price start to rebound and kyy trapped again. This is the most important lessons for investors.
Shanghai steel futures break above 5,400 yuan a tonne for the first time on record buoyed by strong domestic demand as the peak constructions season starts.
Also, production curbs aimed at reducing carbon emissions in China’s steel capital Tangshan have been boosting prices and profitability at mills. Global demand is also making a return as more economies reopen, with China’s finished steel exports surging 24.5% from a year earlier in the first four months of the year.
Remember 2 of the world most richest & savvy investors w.buffet & bill gates like investing in farmland now mah!
U can emulate them now too mah....!!
Thats why the 2 richest savvy investors have taken note the point of concern that palmoil & commodity price cannot going up forever like the case of glove & eventually the commodity price will also fall 1 day mah!
To address this issue or concern w.buffet & bill gates, say buy farmland & palmoil plantation, even the commodity price fall, u still have great protection on the value of cheap plantation land & farmland mah..!
If u buy into cheap land, u have both margin of safety accorded by cheap land plus prospect of reaping great profit from high palmoil price loh!
Thus u should Quickly Buy into palmoil plantation now, b4 its price shoot up mah!
Time to be a little bit more contraian in view of mkt at reasonable high level mah!
Warren buffet says inflation is definitely coming in view of low interest interest and speculative sign such as bitcoin, rubbish stock price run up sky high and unrealistic stock valuation & expectation and now raw commodities price run up mah!
Bill Gates already bought alot of farmland at low in preparation & in anticipation for the coming armmagedoom coming mah! Why would one the world tech best richest owner switch alot of his investment into farmland, this bcos farmland or value real estate if it is bought at reasonable low price, u cannot go wrong over longterm bcos the availability of land is limited, u cannot manufacture land like bitcoin mah!
Coming back to msia the equivalent to farmland is oil plantation, u still can get it real cheap & it is paying u reasonably good dividend loh...this is the best defensive & offensive play like bill gates and warren buffet had highlighted mah!
As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to plantation & timber share price mah!
But this up 1 to 2 sen is chicken feed mah, why up so little leh ??
Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah! Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!! That means if u base on profit...as indicator that means the share price will be lagging loh!
Then why promote Wtk leh ?? 1. The owner , directors and insiders already accumulating quietly without fanfare mah! 2. The palmoil & timber production volume of wtk, mhc, jtiasa, boustead, ijm plant already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah! 3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh! 4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah! 5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!
Based on the above i think wtk , jayatiasa & ijmplant is the best pick to make profit & this is concur by sifu calvin findings also mah!
Posted by pjseow > May 8, 2021 6:08 PM | Report Abuse
Calvin and Ahbah , Investment timing is very important and be at least medium and long term horizon . Dont buy at the peak . Gloves stocks had came down 50 to 60 % from the peaks in August last year . I did not promote glove counters then because the earnings were still not proven , PE were high . Glove stock prices peak before its ASP peak . There was a 9 months to a year lead of the share prices over its ASPs . Glove stocks had finally PROVEN to deliver fantastic results in the last 3 qtrs after August 2020 while their prices came down 50 % . THeir PE are less than 5 while they will continue to deliver superb results in the next few years with double and tripling of capacities . The palm oil price cannot keep going up forever since it started picking up 2 years ago in 2019 .Likewise , the oil palm counters will peak soon or already peak now before its palm oil ASP peak which may happen in 3 to 6 months time or even earlier . When palm oils ASP came down finally , do the plantation counters have doubling of capacities to compensate for the drop in ASPs ?
Nothing is up forever one la. You thought glove is what biz woi. Not a rare material also. If you tell me glove is something like gold. Keep mining keep having less gold then will up forever lo.
KYY is so irresponsible by making this statement. ""As a result , all the glove makers have recently reported reduced profits "".This is a blatant lies. In fact, all the glove makers are making record profits . In fact , Kossan and Careplus made double and triple QOQ profits. Why he stood so low nowadays. Losing too much in stock market ?
Not goreng but based on mood on tht stocks.If people thing the stock will up,there buy.If the stock all too low,Malaysia Malu.Look at Hong Kong,United States push their share higher(if got potential).Then the economy also can up.Then can issue share to boost the company coffer.
Why do Geezer like to shit shares which he have sold? Is it to talk the share down to justify his selling? It's better for him to focus on his current holdings which he is good at justifying day and night to all and sundry why you should buy. Evil heart attracts bad KARMA
Uncle KYY forgot that Supermax share price was dropping since last year when reporting record profit consecutively.. and he wrote article on the Supermax price dropping was defying logic… u guys can google it… u lost my repsect sorrybuncle KyY
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by information > 2021-05-08 19:09 | Report Abuse
FINAL WARNING TO GLOVES SHAREHOLDERS"
Good news in US fight vs. Covid-19
https://www.youtube.com/watch?v=ByLEQeOhPn0
‘Turning the corner’: U.S. COVID outlook reaches most hopeful point yet
https://economictimes.indiatimes.com/news/international/world-news/turning-the-corner-u-s-covid-outlook-reaches-most-hopeful-point-yet/articleshow/82441007.cms