In this sentiment still got people dreaming got limit up.

The party has ended.

Lol joker...

Another red day for Gloves. With all the pessimistic news being published by the press, I don't expect gloves to go up this week.

What a disaster for me to buy right after Supermax post record profit .

Still holding on to TG. Hopefully its the right choice and won't turn out to be like my Sapura Kencana.

Meanwhile, be prepared to hear more "I told you so" from perma-bears.

Those who dare to buy now, must have the willingness to hold for 2 quarters at least.

The bear trend is now solidly established. EGM and even the US issue resolved is unlikely to change the bear trend. Can only be reversed by showing growing profit over and over again.

Nice... I am done buying at RM20++. Need to conserve $$ to buy into other opportunities when they arise. My strategy next is to either:

1) Reload at RM16-18 range, if it falls to this level
2) Sell half at RM35, and the remaining half at RM40.

If it doesn't reach any of the above level, I am just gonna hold them like how I HODL my btc. 10 years later maybe another pandemic, can ride the wave like how those who hold at RM5 since before pandemic ride the current wave

Any vaccine news, windfall tax news or any other shit news come out, I will say DR;NS. DIN'T READ; NEVER SELLING.

Global top manufacturer, no need to worry it will go Holland 1.

Market very unpredictable 1. Today already 21.40 low. Tmr can be below 20.

Then hodl until the next demand boom comes or if I see another opportunity.

Why dead? What the hell you talking about?

Wrong. Stock price can fall to zero. Especially during recession.

I agree with you. As I said earlier, China is a wild card not to be underestimated.

But their production is not up, and won't be up for another year at least. No reason to panic yet. I believe the stock market is future looking, but not that far forward.

/k have a quality post that is better than 99% of the posts here.

Source: https://forum.lowyat.net/topic/5011439


GDP growth for selected countries (sorted from highest to lowest)

Q1
Vietnam : +3.82% (10-year low)
Indonesia : +2.97% (weakest since 2001)
Malaysia : +0.7% (weakest since 3Q 2009 )
Philippines : -0.2% (first time negative in 22 years)
South Korea : -1.4% (biggest decline since 4Q 2008)
UK : -2.0%
Thailand : -1.8% (the deepest contraction since the flood-hit fourth quarter of 2011)
Singapore : -2.2% (worst GDP year-on-year contraction since 1Q 2009)
US : -4.8% (lowest level since the 8.4% plunge in Q4 of 2008)
China : -6.8% (first decline since at least 1992, when official quarterly GDP records started)
Hong Kong : -8.9% (biggest fall since the government began tracking comparable data in 1974)

Q2

China : +3.2%
Vietnam : +0.32%
South Korea : -3.3% (worst GDP contraction South Korea has experienced since 1998.)
Indonesia : -5.32% (the lowest since the first quarter of 1999)
Hong Kong : -9.0% (contracted for the fourth straight quarter, only one quarter behind the longest recession on record, when Hong Kong's economy shrank for five quarters in 1998-1999.)
US : -9.5% (steepest decline in nearly 70 years of quarterly data)
Singapore : -13.2% (worst on record)
Phillipines : -16.5% (lowest since 1981)
Malaysia : -17.1% (worst performance in nearly 22 years)
UK : -21.7% ( worst on record )

Yes can Google easily. But did you do it?

SARS did not kill us. So did MERS.

If you didn't do and share the analysis, the common courtesy would be to say thank you instead of giving a list of things.

This post has been edited by ComingBackSoon: Aug 17 2020, 11:56 PM

Didn't ask you to do analysis. Comprehension fail.

No. I bought more TG when it is discounted.

Was not easy holding though, almost got dissuaded by the perma-bears in this forum. But I will hold until it hits RM35 where I sell half, and RM40 where I sell the remaining half.

Hindsight is always 20:20 vision.

Not many have the discipline and courage to hold or even buy in a downtrend, especially when the perma-bears around us keep telling us "I told you, I told you".

This post has been edited by ComingBackSoon: Aug 18 2020, 04:03 PM

Cheers, perma-bear.

You don't say aunty uncle. Even my ex-boss who works in the corporate finance department of a leading local IB also say the same thing to me.

"1 lot RM28k? I'm not gonna invest". FYI he still refer 1 lot to mean 1,000 shares.

Even IB ppl also can have this kind of mentality.