-Gloves trend is over -Market sentiments pushing it drops -RSS keep pushing it down -Uncertainties of how much lower it can drop -Lowering ASP
* I don't really care about all the points above now, things that I see now is:-
-How long this Covid pandemic is going to over? -How many businesses will die if this MCO la, EMCO la and what ever O that keeps coming. -I prefer buy a business is still profitable now even during pandemic (not only gloves industries, but not denying glove is one of the industry that will survived when things gone worst) -I do not want to invest into some company that I think is stable ended up one day wake up receiving news they hiding truth and goes bankruptcy overnight.
The big 4 glove producers profit margin may be reduced post pandemic. What is worrying is the competition coming from the new glove factories from China. This smaller firms will slash prices to gain market share
Finally I have a chance to read all. Not too sure the purpose of removing in big block but investors and traders should able to digest both side news. This happened during one of the peak also. Overall market is weak and value still within above average. Internal politicking and uncertainty hindering genuine foreign fund managers and big players to acquire some stakes for the time being. Good news Euro cup stadiums packed again. Just observe closely and hopefully the signs will be more clearer.
IM... SM is more volatile and will surpass TG on the uptick. Potential for gain is much more than TG. Don't underestimate this meme stock. Let's see how this pan out this year. It is nearing bottom now.
It is not only Jaks and Dayang.lah. It applies to many other good profitable stocks with good records. For example MFCB , last year March the price went down 50 % despite an almost a guarenteed rm 330 m earning per year from a 25 year contractual PPAof Don Sahong power plant . It would be stupxxd to sell at the low. After a few months the price recovered and went even higher than before March. After every gloomy autumn and winter , the sunshine spring and summer will come. It is a natural phenomena. Dont go against natural laws. Have a fun ride with nature.
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Investmalaysia2 Haiz, Pjseow too confident with his investment style which he can hold for long time. He apply his experience in jaks and dayang into supermax. Sadly supermax might not work in how he thinks. 08/07/2021 11:02 AM
Don't have to listen so much to ordinary commenters like us here. Read and have fun. That's all. Stop flagging too. Anyone who made strong buy and sell comments and cost you an investment fortune of more than 10 % but still trying to convince and justify about the share performance at each level, you can just skip and look for a better one. Even it happened, it's just pure luck and if not, you will be in deep trouble. Be alert just in case Supermax and TG are closing up the price gap. It used to be RM 1 or 80 cents apart. Protect your own investment at all costs and at the same time eyeing for low entry price opportunities.
It has gradually entered the bottoming stage. With the gradual elimination of external noise, I believe that the glove stock will adjust its direction soon. But some patience is required in the process, because the technical analysis part is still waiting for a key opportunity. It may take at least 1~2 weeks to definitely reverse the trend.
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手套股中的 BIG FOUR (HARTA, TOPGLOVE, KOSSAN, SUPERMX - 排名不分先後) 究竟哪家更好?
@MoneyMakers Better just queue 2.5 (instead of stoploss point) next month QR out 500Mil profit (RHB) + another ASP drop announcement
Massacre coming soon 30/06/2021 11:31 AM
Aiyoh MM, u always tok too far ahead, I m Q at 3.0 for so many weeks alrdy , still cannot get and u are toking 65sen then 2.50. I scared if next QR not 500mil but 800mil then I really cannot get at 3.0 alrdy. Pls work harder la.
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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....
thomaszum
285 posts
Posted by thomaszum > 2021-07-08 00:42 | Report Abuse
手套股中的 BIG FOUR (HARTA, TOPGLOVE, KOSSAN, SUPERMX - 排名不分先後) 究竟哪家更好?
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