sound banyak syiok....

LOL, now everyone buy buy buy again?

I don't buy the glove story.
More like overcooked.

You believe IB's analyst?

C?
rich?

C plunged from USD50 to USD1.

Now is around 22, which is equivalent to USD2.20 (due to reverse split).

So you can figure it out, how many people make ton of money or rich with C, and how many people lose big in C.

People had this kind of mindset, when C dropped from 50 to 20.
Same when 20-10,
same when 10-5,
same when 5-2.
Only the last batch that bought from 2-1 manage to eke out some gain.

C never back to 20 since after the big plunge, it is now USD2 equivalent only.

If a stock can fall from 20 to 20 cents, what is the likelyhood it can back up straight away to 20?
The chance may slimmer than hitting the lottery.

FYI, you cannot stay listed if stock price below 1.00

Highly scenario,
bail out money come, market rally.
Then reaching another month that due for paycheck and bond payment, market worry again, big plunge.
Getting tired with the same story.

You don't need to "sail lang" to make money in stock market.
Just a portion like 30-50% buying during panic time will do the job and make you decent profit.

For eg. 100k, use 50K to buy during panic time, stock price can easily make you 30-100% afterwards when market recover time, which mean you can make a few ten k out of it.
Which is good enough.

Even Warren Buffett does not "sai lang". Berkshire is having significant high level of cash, in most time, even during market bull time, or bear time.
It is totally unwise to "sai lang" in whenever time.

Stock market is to make extra money using money.
Sai lang mean put all the money in risk.
Stock market is not everything in our life, don't need to sai lang, and potential make oneself miserable when unforseen event happened in stock market.
You don't know what can happen in stock market or your individual stock owned.

Glove story is overcooked.

Last time many analysts stated there are a lot of new capacity, new factory, new production will come online, which excess capacity could dampen the glove pricing.
Now those new factory suddenly evaporising already?

Rise in USD merely up not more than 10%, even so the factor being transferred into company revenue, merely extra 10% profit.

If recession does hit across, commodities price plunge and latex price plunge, do you think glove pricing still can stay high?
If can, then buy buy buy....

I work in manufacturing sector.
Whenever customers knew your raw materials price goes down, and supply is abundant, customer will play "pressing game" to negotiate price with you already.

Oh, shxt, I bought and kept for 10 years ago already....

Frankly speaking, UOADev looks attractive.

Adding to my watchlist...

I have UOAreit but not (yet) UOADev.

Market is putting very high hope on tomorrow budget.

Over-optimistic?
The answer is after Friday market close.

Construction stocks up mostly on high expectation on budget.

DJ has been see-sawing like roller coastal and always ended at the same place only.

LOL, personally I never like construction stocks.
Never bought any construction stock before, for the last 18-20 years. if not mistaken.

As much as I said before, UOADev is attractive.
But with this stock, can easily end up with more red/negative for this year end due to market sentiment also property boom reach its peak.

Near term or 1-2 year down the road, we shouldn't see properties boom further or boom like previous year pace.
Expectation for property sector should be consolidation phase.

Any buying currently, is not for short term purpose.
But at least 2-3 years down the road.
So be prepared.

One thing good about UOADev is it has little borrowing.

If the company can show sincerity and fulfill its dividend policy, aka or at least 40-50% of its earning, then I forsee investors confidence can be back and put a strong support footing on its share price.

Nowadays, the stock market is very particular on dividend.
Once can consistently give good dividend, stock price will have very strong footing one.
Without dividend, share price can fall like no bottom one.

Buy on rumour, sell on news?

I spoke many many time.
It is identical to bet an abalone to win a peanut.
No offence.

This is the reason why >50% people actually lose money in stock market.

Buy a stock, gain peanut, cabut. Forever earn peanut. Even the stock flying to the roof afterwards, chance of win abalone gone, due to cannot withstand the temptation to win a peanut.
But make mistake time, hold and hold, lose abalone. Even cut loss at 10%, also hurt big.

Mostly you gain 2-3 times is not enough to cover 1 loss one.

The more in and out the market, the higher chance making loss.
Unless one is really really good in trading. But majority people are not. No offence.

It is very easy to know most people lose money in stock market.
A stock was RM1 10 year ago, now also Rm1. With everyday trading and volume transacted, you don't need sophiscated mathematics to know people are losing money in this stock mostly. Every transaction, commission, stamp duty incurred, while stock price/valuation remain the same, you can do the math how much money lose due to commission alone.

There are many many stocks especially goreng stocks, that price is same or even lower than 10 or 15 years ago.

If it is virtual money, no problem to gain 50% in days time.
Use 100k buy FKLI contract, each contract margin roughly 5k, you can buy 20 contract.
Index surge 10 points, gain 9 points after deducting commission, Rm450 per contract x 20 = RM9k profit, already win 9% today.
So if bought last Monday at 1320, now gain 80 points = RM4k per contract, now you win Rm80k.

Actually virtual game has a bad effect as well.
While to win in those virtual game trading, you must punt those CWs, punt those goreng stock, penny stock that can gain you 50-100% in matter of days and month time only, as most competition concluded after a month or 2.
It is plain foolish to play the virtual game by buying blue chip stock, boring dividend stocks, as mostly you won't win in those competition.

While in reality, money is not easy to come by, a 100k can mean someone life-time saving, once lose, many not have second life to gain back the capital.
No capital in stock market, you are out.
Sound harsh, but this is the reality.

Fund managers bare zero lose even when the fund lose big and still charging the management and initial charge.

They never lose, you lose only.

To bad, I studied wrong course, should study finance in U time.
Engineering need to work asx off, Saturday also need to work, sometimes even Sunday.