Just hold on to your glove stocks, the glory days will come back. Last time during tech doom, Penta & Dufu were worth 0.20 only, now look at their share price.
I will considering re-entering Harta at RM1.50. By then Top Glove will probably be RM0.50.
At RM1.50, I'd be able to buy twice the amount of shares I had when I exited and that would give me a better chance to recover some of my losses in this counter over the long term.
When all this supply and demand imbalance is over, Harta and Top Glove should still be around.
Its just that in the short/medium term, I think it will continue to drop as long as big players like EPF and other funds continue to sell.
How I wished I had sold earlier and what an expensive lesson it has been for me.
3 hours ago
don't worry, you will soon regret again for thinking that you can time the market. according to you logic, you can buy much more harta at 50 sens than RM1.50. so why not wait at 50 sens? if you look at the price everyday, you will not be a successful investor. my average price is 4.60 and i have 0 worries no matter how low it goes. Because i invest with money i dont need and i believe in the management's track records more than EPF. EPF is just a dumb trader that buy high sell low, just see their recent performance for Q1.
If you want fast money, dont invest in market. It's a waste of time and waste of money. better to use the money to enjoy life than to worry so much everyday
All glove co Bosses r still very rich, much more richer than pre Covid 19
All glove co r still very rich, much more richer than pre Covid 19....Supermx has cash reserves ard Rm3B+ by now (hopefully they abort their expansion plan into US) while both Harta n Kossan has RM2B+, TG only has RM1B+, the lowest among Big 4, thanks for Ah Chai's decision to catch the falling knive as early as 2021
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....
TheOwlsandWolves
122 posts
Posted by TheOwlsandWolves > 2022-08-14 21:47 | Report Abuse
Just hold on to your glove stocks, the glory days will come back. Last time during tech doom, Penta & Dufu were worth 0.20 only, now look at their share price.