When gloves rallies so many new players claimed they also venture into gloves. Stocks got speculated and bilis start chasing high. At the end, stuck at Penthouse floor in denial mode with little profit which later became capital loss. Sharks always smiling all the way to bank. Any difference with vaccine theme?
Today is the day ..... Hope shark not really cruel like they did in other counters where they pressed for weeks or months to flush out bilis. Good & profit company also kena kaw-kaw. Let alone engineering company trying to do pharmaceutical business. U think real pharmaceutical company just keep quiet? Why Pharmaniaga & Duopharma don’t sign MOU selling vaccine?
However, analysts believe the sudden share price movement after about two months of continued decline could just be a “bounce”, rather than a short-term upward reversal. With the increased positive newsflow on Covid-19 vaccines, glove stocks’ position as the darlings of the Malaysian stock market may take further hit. The United Kingdom had begun rolling out the Pfizer-BioNTech vaccine for mass inoculation. Within the region, Indonesia has received the first batch of vaccines from China’s Sinovac Biotech as the government prepares a mass vaccination programme. Moving forward, analysts expect investors to be more focused on the recovery play stocks and at the same time, reducing their exposure to the glove stocks. This is despite the fact that domestic Covid-19 infections remain high with mostly four digit daily cases in the recent weeks.
However, analysts believe the sudden share price movement after about two months of continued decline could just be a “bounce”, rather than a short-term upward reversal. With the increased positive newsflow on Covid-19 vaccines, glove stocks’ position as the darlings of the Malaysian stock market may take further hit. The United Kingdom had begun rolling out the Pfizer-BioNTech vaccine for mass inoculation. Within the region, Indonesia has received the first batch of vaccines from China’s Sinovac Biotech as the government prepares a mass vaccination programme. Moving forward, analysts expect investors to be more focused on the recovery play stocks and at the same time, reducing their exposure to the glove stocks. This is despite the fact that domestic Covid-19 infections remain high with mostly four digit daily cases in the recent weeks.
Will continue to fall today until it reaches the neckline on the chart which is 80 sen. If can bounce from that price it could test the previous high again. If it falls below the critical 80 support, the next landmark support at 60 sen. Should stabilise at 60 and a good price to re enter.
Fall or Rise is real investor decision , those sohai like Powerplay666 is brainless unless he is waiting collect at 0.60.. pity him.. later I will Buy 1 million unit.. support Bantai
morning to all bintai holders.. paktua and team we still hold n wait for now.. as we hold below 0.705(many was hold since mid aug) we only wilk sell 57% our share on 0.90 if not hit we will stand to hold..
bintai we still believe will back above rm1.20 we stand to hold what we believe.. to who not have holding power set own limit.. its not easy fight here..
hi all, I just contact bintai boss, He said soon will got good news to announce.. For those want panic sell, just sell faster.. Their Operator want to collect and push up..
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....
Sathya9121
299 posts
Posted by Sathya9121 > 2020-12-09 07:39 | Report Abuse
British healthcare workers not using gloves to inject vaccine... GG