312/72 = 4.3. Need to raise the net profit by 4.3 times.
Cant wait for QR!

As investors, we generally prefer lower PE counters. As of July (in this low interest rate environment), average PE is 21.380.
Highest 22.660 in Feb 2019; Lowest 13.220 in Sep 2011

For me personally, I hunt for high ROE and low PE stocks. My general guide for a very potential counter ROE > 10, PE <10. Change from case to case basis (you need to consider the companies' future too). If the ROE is high enough, higher PE is justifiable.

Most traders dont care about PE. Because they are in there for quick gains. In trading, you make money from others.
Gloves are a very good playing ground for trading now because a lot of newbies are joining. It becomes easier for experienced traders to make money from newbies' mistakes.

All other glove counters are in FDA website too... Dont be misleaded to all in harta ya

You need to digest the information fed more carefully lol. Dont simply simply rub hand and wait for showtime. Very dangerous.

5 mins i show you

https://www.accessdata.fda.gov/scripts/cdrh...nNumber=8043848

https://www.accessdata.fda.gov/scripts/cdrh...nNumber=9680710

Be careful when taking advice from gurus, they only show you what benefits them. When they decide to take profit, they wont inform you beforehand

Because they are too pricy to goreng. Imagine pushing topglove up 30% vs pushing a penny stock up 30%. It takes a lot lesser fund to push penny stocks for the same percentage gain.
Penny stock is much easier for the retailers to push and for the trader syndicates (sharks/crocs or whatever you call them) to reap ez profit.

Because sharks/crocs missed this counter out? Or they are simply accumulating now after the reap profits from other goreng counters. Moving from one counter to another counter until all fresh funds are exhausted.

In trading, what you earn = what others lose. Hope no uncle/aunty burn their entire retirement savings.

Because they are too pricy to goreng. Imagine pushing topglove up 30% vs pushing a penny stock up 30%. It takes a lot lesser fund to push penny stocks for the same percentage gain.
Penny stock is much easier for the retailers to push and for the trader syndicates (sharks/crocs or whatever you call them) to reap ez profit.

Because sharks/crocs missed this counter out? Or they are simply accumulating now after the reap profits from other goreng counters. Moving from one counter to another counter until all fresh funds are exhausted.

In trading, what you earn = what others lose (or stuck at the counters). Hope no uncle/aunty burn their entire retirement savings.

Because all these counters (gloves and pennies) are way ahead of their fundamentals. Retailers are now simply moving one fund to another, seeking to win in trade. But remember in trading, you can only win if there are people losing. Dont get trapped by the big players

You will have higher chances of winning goreng penny stocks than gloves, because both penny and gloves are way overvalued. But to push up penny stocks, it is much easier relatively.
Also, the latest market trend is goreng penny stocks, no longer goreng glove stocks.

I dont trade, so just my 2 cents opinion from logical point of view

You can clearly see this with more comments now on which penny to goreng, and the top gainers (in terms of percentage wise) are no longer gloves

I wish lol, hopefully they can trigger panic selling in all counters (not just gloves), so I have more cheap sales for fundamentally good stocks.

I am already seeing so many successful traders sharing their profits in Instagram stories. Just a mater of time, when the bubble bursts. Meanwhile reap as much profits as u can

Play penny, gloves goreng potential already maxed out

This post has been edited by HereToLearn: Aug 7 2020, 01:23 PM

Anything below RM1? The cheaper the better, especially those related to gold hype now.

My 2 cents comment. I dont trade, I invest in fundamentally strong and undervalued companies

Not nestle, nestle is fundamentally strong but overvalued.

For now, I collect the undervalued stocks (lots of banks) that ppl throw to chase high in gloves and pennies.
And a few long term undervalued stocks (with growth potential)

For long term undervalued stocks investing, watch this
https://www.youtube.com/watch?v=cvSeEVuhmwY

Q3 result will be the last QR that has moratorium effect, which will be published somewhere around end of this year.
With some banks almost 1/2 the share price, will the PAT after moratorium 1/2 their earnings? I am investing for a longer term (sometime after the post-moratorium and for the post low OPR value).
For PE 15 (normal valuation),
CIMB EPS = 5.75cents/Q as of current price of RM3.45, CIMB 1st quarter almost meet this (with moratorium, next 2 QR EPS is likely to be worse than this; unless trading revenue surges high like US banks)
BIMB EPS = 5.52cents/Q as of current price of RM3.31, BIMB 1st quarter already double its required EPS. *BEST BANK COUNTER in MY* So good because it is linked with Syarikat Takaful

Post moratorium earnings should be able to beat the required EPS

Agreed that it might drop more (because stock price is only as good as what the next buyer is willing to pay for), so no rush to collect. Hopefully they continue to drop more

This post has been edited by HereToLearn: Aug 7 2020, 02:17 PM

Meanwhile, good traders should continue to goreng penny stocks

No worries . Lets hope that there will be gloves sell down after moratorium and the sell down are so big, that it would be able to trigger panic selling in all other counters, so we can get things more cheaply

Banks next 2 quarter results very unlikely will be good. Continue to goreng penny 1st since you are good at it