that is true.

will tmr see bigger discounts??

RUBEREX results are very good... but as usual, good QR = stock price fall 5%?!!

i am collecting TG... QR mar 9, expecting 30sen dividend - that alone is 5.6%.

short term, i will trade comfort, careplus.

Where are the "diamond hands" of glove stocks? Despite being prepared to hold long term, my hands have become "trembling hands". Gotta say, I regretted a bit buying a bit of TG at RM5.23 today. 

From TG Telegram grp, looks like some have cut loss. I think most of TG shareholders already have a lot of TG & collected enough, waiting to sell now. No one wants to collect anymore.

As I mentioned before, the recoveries are now the new darlings. Tech stocks too, esp Inari, Vitrox, after posting excellent results.

So, local IB selling to hedge their CW? 

42.9sen eps = rm3.5bil PAT.

u r expecting 4bil?!

spx last qtr eps = 41.1sen.

i smelled some sarcasm mode in this 

Means those so-called evil shorties (as per i3) are possibly our local IBs?   

I bet the FF already run. What left are LF that is burning hand now. hahahaha

people are expecting good dividend.

SPMX made a mistake by giving a miserable 3.8sen after such a massive PAT.

haha. i think need to wait until 26 Feb.

tmr continue la...!

the lims started buying yesterday at 5.2x.

likely same today.

Fuh. If you lose money on Hextar, please don't come and curse me OK? 

What about the glove stocks that I entered? Esceram, Comfort, Careplus, Supermax and Top Glove? Tak mahu beli ke? Super sale wor.
But only if you can stomach potentially another -10% to -20% down and a roller coaster ride.

If we follow the usual Friday trend, tomorrow will be red for glove stocks. I hope I am wrong. 

and just a sharing from cycle analysis:



my 2 cents as usual.

Cheers!

As per my earlier post, I doubled down on Comfort and Careplus. And also tripled down on Supermax and Top Glove. This is part of my averaging down strategy. There is no end to my foolishness! 

If I have the chance to breakeven on my unrealised loses for glove...maybe I will hold or start selling down in tranches. Difficult to say. It depends on what I have for breakfast for the day. I am only human after all. 

he worked his butt off since the 1980s!

while many laze around at cyberforums, some talking nonsense for fun, i suppose.
dun talk about his 3 bil shares... if just 100k shares, 50 sen div a year = rm50k.

50k... can pay for old car, small house, utilities and occasional steaks and sushi... no need to work also!

nice plan or not?!

Why 2024 will be the peak ya? Could you please enlighten this lost goat?

Err...I don’t think I have any wisdom. I see the analysis done by some of the forumers here about market cycle and stocks and I really tabik them. They are in a different higher level than me.

Sorry, I am slow. What is it that you want me to tikam? The next hot sector or when the market is going to crash? 😃

gloves people, FYI:

today saw a marked changed in RSS shorts pattern:

the targets are now on harta and spmx.

much less on TG and zero on kossan which partly explains why these 2 made gains while the other 2 lost.

the shorted amount in harta and spmx today are among the highest since it started on jan 4.
let's see what happens tmr and next week.

the interesting bit is EPF had a high of 6.6% in mid november.

scaled down to 5.2% by late dec.

now back to 5.98%.

question is if they will go back to 6.6% or higher.

0.62% is >50mil shares... add the 220 mil shares shorted, that's a whole lotta buying!

The big question is IF I break even. 

I won't be chasing high, that's for sure. That is how many retailers get trapped in the penthouse. Buy high with the hope of selling higher. 

I think the valuation of glove stocks is now very attractive. The only question is whether the stocks have bottomed out. I am betting that it has. But I have been proven wrong in the past. Like they say, "the market can remain irrational longer than you remain solvent".

If I can break even, depending on the momentum, I will let the stocks ride. IF there is a profit, I will start selling in stages. Hopefully, Top Glove will be the last to go. They say buy the leader of the industry. Well, that's Top Glove I believe.

P/S: Some people say they will sell when they reach 10% or 20% profit. But sometimes they forgot something important, which is their entry price. They peg their projected profit to their entry price without considering the intrinsic value of the stock. For e.g. if a retailer enter Careplus at RM2.50 and he only plans to sell it at 20% profit. But the entry price may already be too high.

Conversely, if glove stocks drop another -10% or more, I have no hesitation of cutting my losses and walking away if necessary, even if it means a five figure loss. Live to fight another day! 

My 2 kupang as usual...

Based on the fundamental data:
1) tomorrow is the expiry date of all February glove warrants.
2) nett foreign funds inflow today 144.46 mil.
3) CGS-CIMB report saying nett foreign funds inflow to gloves last week.
4) CGS-CIMB report saying nett local funds outflow from gloves last week.
5) today got total 1,471,100 units bought from 3pm-4pm which all transactions are >1000lots per transaction in Supermax. Pls note smart money purposely let public see this.

Based on TA:
1) Both TG and spmx appear doji today (a little bit of bullish doji)
2) Both are oversold.
3) Downtrend.
4) Both break support.

Questions:
1) do you think glove will up or down tomorrow?
2) will you buy/sell any glove counter tomorrow and which counter?
3) or don't give a damn what happen to glove?

Survey session. Come come feel free to answer. No right or wrong.

Why wanna repel RSS?

RSS is good for investor and big shareholder.

If somehow Tan Sri SBL his share to those big boys to short, do you still think what Tan Sri does is trying to repel RSS? You are too one mind sided.

People are too focus on what is tomorrow profit. Haha.

nasdaq down again, treasury rising. hope tomorrow bursa impact dont come so fast

About the commodities, why are multiple commodities facing shortage? USD becoming toilet paper?

I entered TBF, SDOW and SRTY before February.

But what I buy is not important for others.