If u havent noticed gloves already died 2 months ago, please dump all ur gloves and think hard about what industries will likely excel in a non pandemic world. i hope dont give all this directors beecome rich rich, mostly likely they already are rich why give them more chance? dying business and only scalable during pandemic.
This reminds me on the recovery stocks... at nobody cares. But sector rotation is coming. Near single digit P/E which is ridiculously cheap with upcoming QTR earnings. Anyway, selling now to buy recovery stocks is just chasing pipe dreams as Covid is still here and will get worse before it gets better. Going to hold. Don't need the money now.
wtf am i doing here justifying my opinion to strangers on forum? waste time only better do research on other sectors while working. This means some of us are going crazy xD .sometimes i come here read i wanna laugh till i die. Please SELL gloves as the markets are forward looking and lots of players are in gloves dy like mahsing, will going to oversupply market hahaha.
Zzzzz.... just hold and wait if can. if cannot or don't want, sell la. simple. listen to this broken record naysayers in all glove forums until sien d.
Run And Cut loss, very fortunate to have bought at 3.5 and sold during 4.8 during October. During that time , I regretted buying and discovered that gloves are not a money making business with more competition in the future and will only perform well during pandemic. Protect your capital guys don’t look back
A BIRD IN THE HAND IS BETTER THAN 2 IN THE BUSH LOH..!!
Why waste time forecast & calculate and speculate your future cashflow leh ? U just look at insas it already has more than Rm 600m nett cash in hand, u look at inari value in which insas is holding & 19% mkt cap exceed the whole of insas mkt cap mah.!! Furthermore the company is trading at PE 6.5x and with a div yield of 3% pa already in your pocket mah....!! Most importantly the company has an nta & NAV Rm 2.75 to Rm 4.80 per share v mkt price Rm 0.90 loh....!!
To conclude if u buy into insas with huge margin of safety and already successful why subject yourself to the uncertainty of forecasting the unpredictablility of growth leh ??
Best Buy something that has great value at a big discount which already there mah.....!! Insas is the best margin of safety stock loh...!!
IN INSAS AT RM 0.90, U CAN SEE TRANSPARENTLY ITS FAIR VALUE LOH...!! NTA RM 2.75 TO RM 4.80.
With additional growth of insas thrown in plus its very big exposure to technology sector this is a very compelling buy mah...!!
i ran 3.42 .. bounce back to peak last week 3.42 suppose .. run all ... buy 3.65 .. still loss but cutting loss ... thanks god ... after sold can sleep , i have isomia for days due to this comfort ... i know sub-3 will come, it will surely come, so, i jus wait for the best price to dispose, i did it ...
Axe, you're right to be honest, comfort silly mgmt should have followed Rubberex to give bonus shares or perhaps reward shareholders with special dividend. They just sitting still , nobody wanna dance when the party is over. Haiz...
The issue is over capacity & over production due to competition mah...even covid19 still there mah....!!
Raider ask u lah....your sister friend positive covid....how many gloves she used leh ??
Posted by kltower > Dec 29, 2020 12:48 PM | Report Abuse
my sister's friend from bukit tinggi klang tested positive just now, they went out for gathering the weekend before Christmas for early celebration.
most people have WRONG perception that vaccines out = covid disappear soon, they only read newspaper headline then relax already, my younger sister's friend kena covid is a real lesson.
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....
Keyman188
5,968 posts
Posted by Keyman188 > 2020-12-27 21:54 | Report Abuse
## https://www.freemalaysiatoday.com/category/nation/2020/12/27/global-glove-importers-rethink-relationship-with-malaysian-manufacturer/