Local boys trading and PDT. Sustainable ability is not easy. In another word everyone is too cautious in this challenging market. You don't grab, someone will grab. The value must return first.
"Someone pls name me any analyst who is a bigger multi-billionaire than supermax stanley, hartalega kuan or topglove lwc" ------------------------------------------------------- spmx fans are most fortunate as dsst never sbb as frequent/much as kuan or lim gor
see their paper losses (recent buys la not ipo shares)
Do not worry about the short term price movements.
To me, every price level down is an opportunity for me to buy more.
The risk to reward ratio is now massively to our advantage.
Below is a piece of my imagination (common sense).
Although most analysts concur that ASP will normalize to pre pandemic level soon, I disagree.
I am confident ASP will remain high although it may not scale the height of previous peak.
With expanded capacity coupled with relatively high ASP, current earning levels could easily be sustained.
Even if the west are able to manage the pandemic with vaccinations, they will not be able to eliminate it for many years.
They will still need to continuously carry out mass testing, genome sequencing, contact tracing (more testing) etc which require enormous amount of gloves.
When countries open up, many other economic sectors other than medical will require ppe to protect their employees thus resulting in more demand for gloves.
Be patient and have some iron and believe in yourself.
There is a chance we may lose but it is definitely a risk worth taking.
Wow... Raining... all come out again Ok... I give up... I will sell to myself and Buy more from Everyone else since none can give me a better counter with better opportunity. Beary, don't need to waste your time with shorties. They always have more bad things to say... Still harping on Pre Pan ASP (Now saying TG Executive says- Pre Pan price) when there is a shortage and always say Covid is over next year. Also, no recommendations except asking us to sell and hold cash. A lot of horse sh!t here.
Posted by Dannyfyl88 > Jun 30, 2021 10:47 AM | Report Abuse
Wow... Raining... all come out again Ok... I give up... I will sell to myself and Buy more from Everyone else since none can give me a better counter with better opportunity. Beary, don't need to waste your time with shorties. They always have more bad things to say... Still harping on Pre Pan ASP (Now saying TG Executive says- Pre Pan price) when there is a shortage and always say Covid is over next year. Also, no recommendations except asking us to sell and hold cash. A lot of horse sh!t here.
*******
precisely, dude
better don't layan any boullkrap oipinion from any non-stop boulkrapping shortie gambling gang guy leh
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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....
invest_malaysia
1,551 posts
Posted by invest_malaysia > 2021-06-30 07:00 | Report Abuse
You invest since the beginning of the business only say la. If you’re looking for rebound day and night means you’re gambling instead of investing.