Cut loss and there is no shame and ego. Just deal with it and move forward. Kudos to all those fair commenters who predicted absolutely accurate since months ago. Value merely 1.9B and still not convincing.
cut loss and move on is not the i3 way. we must be in denial and type all sorts of angry posts in all caps to scold other people. spread rumours about price go up ok, spread rumours about price go down is "fearmongering" right?
Been downtrend since last year till now, any of you may still blame short sellers/ manipulators. But this time, Supermax got slapped real hard in the face. Has this been countered earlier, or at least Supermax proactive in solving this, this situation could had been avoided or less impact on their investors.
Recycled gloves can be easily imported to US than the genuine quality gloves because of so called forced labour the boss should forget about setting up new factory in US. Perhaps a recycled gloves collection centre is more profitable. LOL
GO , ok lah , we.failed in our risk.assessment. We should ask ourselves what is the chance of occurrence ( 10 to 20 %) and if it occurred , what is the severity ( 8). If we multifly this 2 factors, the Risk Factor is quite high. Should have sold then. Good lesson learned. We will.take note not to make similar wrong judgement again. I dont remember you ask us to sell.some leh. . -----------+++++----------- GlovesOff like i said at least sell some/most in may ... cbp didn't catch you offguard
your ego is your downfall isk isk isk
***************************** This is when you should sell (May 29) and not cry like a baby now boohooo
Whoever invest in the stock market have to be prepared for such risk, otherwise better put money in FD n mutual trusts or elsewhere which is not so risky.
Now MC only worth $5.2 B. But since the start of covid, the latest 5 QRs, company already generated $4.2 B profits. donnow what low it should be?.. 1.50?
Warren Buffett, perhaps the world's most famous investor, once said his “favourite stock holding period is forever”. The idea is you buy a great company, hold it, and give it the time it needs to grow. The strategy relies on companies compounding their growth over time to produce substantial returns in the long run.
GO, In May , No IBs.made sell.call leh. All IBs still made buy calls with average tgt prices of rm 7 . At that time we did not know you are.much.better than the IB s in risk assessment. You also did not sell yourself with your CV and your reasonings. How to.listen to you ? It is not our ego lah. We trusted the IBs more than you because they got licenses and they showed us theur numbers whereas you and MM just said sell . OK lah. Now we know we cannot trust the IBs tgt prices anymore . Once bitten twice shy. Now half made sell.calls and half say hold. Which one to listen?
-----------+++++----------- GlovesOff like i said at least sell some/most in may ... cbp didn't catch you offguard
your ego is your downfall isk isk isk
-------------+++++----------- Stock: [SUPERMX]: SUPERMAX CORP BHD
May 30, 2021 1:11 PM | Report Abuse
After supermx last QR , All IBs give " BUY" calls with the following tgt prices .
OTB pretends that he never recommended supermx and jaks. Same pattern every year when 90% of his picks drop kaw kaw. keep quiet when 10% of his picks go up, keep bragging about it for years.
GO ah, You need to be consistent lah. In end may, we did not sell because all IB s said buy mah with average tgt prices of 7. On.30th May, supermx price was about 4 only. How to listen to you to sell at 4 when All IB said buy.? We learnt.our mistake by listening to IB s but now you keep.showing IB latest tgt prices. Why ? Are you asking us to listen to IBs again?
---------------------++++---------- GlovesOff Now at 1xx only believe???
HAHA *********** OK lah. Now we know we cannot trust the IBs tgt prices anymore 25/10/2021 6:18 PM
IBs cannot be trusted at all. They gave tp 5+ for Supermax just a few months ago n now they are so far away from their tps by giving so low now. U listen to tps, can go holland
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....
monetary
4,447 posts
Posted by monetary > 2021-10-25 15:58 | Report Abuse
no use of fund. that's mean your knowledge in investing is very limited.