Glove Off , Harta., Kossan and Supermx up more than 12 sen already . Should I listen to you and wait for rm 3 or below to do my last buy ? I very scared to lose the opportunity to buy at lowest . Tell me . I am very kan chong now. What if it suddenly shoot up.30 or 40 sen in one day like last April ?
A gambler who average down is the worst among the investing categories. This is double sword risking your total investment if the price remain stagnant or lower. Although the averaging price sounds consoling but in reality your investment capital is increased and paper losses ballooned compare to your initial investment amount. In another word don't average down if you have no clue what is going on or if the price can still go even lower. Unless you can spot each lowest level for averaging. As now it's disastrous based on the current price and factual since 9 months back. Not too sure about what's next. We shall wait and see..
@pjseow ~ I think you really sot sot from your losses d . Another short term memory loss/pancut awal ... see your bezza parked outside as reminder ... hehe LONG TERM investor dont pancut at 4% up
Now very obvious already. Up 10cents everyone very excited. Isn’t it gamblers behavior? These so called long term investors are gamblers. They care about people talking bad about their shares.
You try to talk bad about AAPL. See warren buffet cares or not.
Don't be so happy with price little up if can better take profit or cut minor loss bcoz it would drop back again due to only retailers trading and no funds in to goreng.
Can see now so many trapped ones so called "long term investors" are so excited come out to celebrate with the little price up just bcoz hope for rebound to release.
No funds in, only retailers trading, little goreng up only. No big rebound as what u expect, it would drop back again later. Wait to see how long it can last.
HONG KONG: Hong Kong will ban all passenger flights from the United Kingdom from Thursday (Jul 1) to curb the spread of the Delta variant of COVID-19, the government said on Monday.
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Invest malaysia, there are no Warren.Buffet in i3 forum. The Warren.Buffet equivalent are the founders of all the glove makers plus their senior directors. They die die hold whether rain or shine. They will add more when prices are low. ----------------- invest_malaysia Now very obvious already. Up 10cents everyone very excited. Isn’t it gamblers behavior? These so called long term investors are gamblers. They care about people talking bad about their shares.
You try to talk bad about AAPL. See warren buffet cares or not. 29/06/2021 12:34 PM
@pjseow, you also know how to say right. They die die hold. I can say that the founders and senior directors are long term investors. Did you see them making huha when the share price up 10cents like the gamblers here?
Gloveoff, Why you talk like that ? You are TA expert mah. I want to treat you as TA sifu also cannot ? Can buy today or not ? Should I wait and buy at lower price when there will be margin calls as what you claim ?
1.39 billions ------------------ Debonnaire How much would SM use fm their RM4B cashpile to upgrade their capacity locally in producing 48 billion gloves by 2022? 29/06/2021 1:21 PM
Let me clarify my calculation shared yesterday. My exercise doesn’t produce a “fair value” of RM3.3. I believe I’ve written it as RM3.3 PLUS/ MINUS an uncertainty range. To me fair value is not a single number but a fuzzy range which changes as fundamentals (e.g. supply, demand, interest rate) change. Every time I do such exercise I get a different number. So I’m sure RM3.3 will not be the last. However at current price the stock is within my comfort range.
For me the valuation process itself is more important than the output. Such exercise forces me to think hard about those assumptions. Besides to start with I also hold a long term diversified portfolio.
Mentioned before I’ve been holding glove stocks before the pandemic as this is one of the few growth sectors in Malaysia. However, I’ve been selling down last year and this is time to rebuild. I’ve already started with Harta. As long as fundamentals do not worsen I'll buy in stages.
I think there is no right or wrong approach here. Each person has his own style, knowledge and risk tolerance. Just find one that suit best.
Monetary... Intco up is not a good news for gloves here. Shorties will say... see.. China is making gloves like crazy... Oversupply Oversupply... The world No:1 TG will be No:5.. SM no.50. All goes to China now....even the Rubber trees and the Oil in the ground too. See... nothing good out from them. Expect negatives only. Let's see lo... When this swing around, all gone hiding again.
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....
pjseow
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Posted by pjseow > 2021-06-29 12:27 | Report Abuse
Glove Off , Harta., Kossan and Supermx up more than 12 sen already . Should I listen to you and wait for rm 3 or below to do my last buy ? I very scared to lose the opportunity to buy at lowest . Tell me . I am very kan chong now. What if it suddenly shoot up.30 or 40 sen in one day like last April ?