If you all notice, all the Glove counters bosses have been selling for the past 3 weeks. Meaning the were cashing on already and they knew something was about to happen which normal investors did not know. Hey.. come on.. they cannot afford to not to cash out money which they have not seen in their entire life!
If HLT wins the court case? Mike so you suddenly became a lawyer after reading Bursa announcements right? Wah if so nice, I don’t need to go to college to study law liao
Just to satisfy all the nay sayer, yes tomorrow will down down redsea bathing again... will go to tp0 tomorrow before 9.05am omfg all pls faster sell or else will laugh to the bank..... lol.....
So far it has lost almost 50% of the Smartmoney. If support of 1.05 broken, freefall can be expected till 0.95. Waiting there is not too late - fundamentals have not changed, only perception - which is triggered by see global selldown
Look at last Friday, this + sign appear. It reads of indecision. People are sensing what was coming. The following Monday, it opened 1.44 and hit a high of 1.48 before dropping to 1.28 and saved to the close of 1.33. Tuesday's performance was almost similar and today, Wednesday, more or less the same. Volume was also not big but it tells of retail players who do not have means to hold to eventually cash out. Tomorrow, more likely it will remain unless the Dow and Nasdaq hits a high again. From what is being seen on US channels, I think very unlikely sentiments will grow suddenly bullish - September is not a good buying month, now made worse by the US-China scuffle. As US nears its elections, more volatility can be expected. At the end of the day, analyse HLT's fundamentals. What is its orderbook and how much investment into future production is it undertaking - and will this future investment (setting up glovelines of its own) prove to be its Archilles Heel, knowing that the gloves business is getting saturated and a production line needs about a year to get running to a max? Do some homework during a time like this - fretting and praying wont help. Panic usually follows lack of knowledge.
When will be the up trend? Have been flushing for 2 weeks already.. Very tired looking at al the gloves counter.. Very dissapointing.. All red red sea.. people are bleeding, all gloves counter should faster rebound to bring in more foreign fund into Bursa.
hold tight.. topup more if u still hv fund balance but dont all in yet .. im still holding and almost back to my cost already ...still doing averaging up everytime i can
Exercise of Warrants on 09-Sep-2020 Stock [HLT]: HLT GLOBAL BHD Announcement Date 09-Sep-2020 Listing Date 10-Sep-2020 New type/class? No Type Exercise of Warrants Details Conversion of Warrants to Ordinary Shares No. of shares issued 2,276,200 Issue Price Malaysian Ringgit (MYR) 0.200 Par Value - 0.000 Total NOSH 584,657,949
Agree wth contradex, am holding some still, already sold some got back cost and some profit last month, keeping this batch as my faith in hlt. This week gained little from sell buy gap of ky existing holding. I have few units careplus at 2.57, today it reach my cost, hahaha. So have to hold the faith and hope.
My empahty to those entered higher. Hope hlt stay strong and fly up.
One thing it really made me puzzled, counter like GETS today rise to 0.9+ , seriously, ppl like mikecyc and some who keep condemn hlt value, what abt gets and ktn? what this klse is becoming.
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....
WY Chan
1,378 posts
Posted by WY Chan > 2020-09-09 17:00 | Report Abuse
sudden heart attack.......