Based on fundamental, Supermax is good. But based on TA, not good. Still going downhill. This applies for all the glove stocks.

Do you plan to invest long term? If so, this is not the counter for that purpose.

For trading, maybe. But need to time the entry.

I usually go into the glove stocks for a quick kill only nowadays.

You are welcome bro. This chart might help you to make the correct decision.

If we lose            / Gains required to break even

10%                        11.11%
20%                        25.00%
30%                        42.86%
40%                        66.67%
50%                        100.00%
75%                        300.00%
90%                        900.00%

I used different methods to minimise my losses. Either average down by doubling down, cut loss at 10% or more, buy another stock that gained money, etc.

A painful lesson that I learned a few years ago is to let the losses run to 30% to 40%. This is now a big no no for me.

I wish you the best.  :thumbsup:

Anyone holding Serbadk?

What is your average acquisition price? I entered quite high and averaged down for the whole of 2020 only to be disappointed by the sleeping giant.

It has good fundamentals though, what’s your reason for not waiting and holding for a longer term?

Tasco? haha..

If not for the influx of retailers, the KLCI might be hanging around the 1300 level now.

i also cannot understand, vaccine arrived, people see DHL also can transport vaccine perhaps? i see the transportation from airport to storage area actually don need ultra low temp freezer.

even at sarawak, their trial also they also use hilux send only. just need good insulation container.

Because the truck was not Tasco...

your mood is representative of everyone.

bursa/klci looks screwed for many more months to come, more so if moo manages to extend emergency until year end.

this is a stage barrier that everyone has to go through. Many can't cross over.

if you can get over it, you will be successful.

good luck.  :thumbsup:

what stock you want to cut?

Thats the funny part. Ppl r ‘amused’ for a long time. Something to learn here, one picture or one piece of news will send those gamblers running. No amount of pitching by gurus or sifus will bring them back. Buy on rumours, sell on news

Don't worry, once market surge again, everyone will be back. 

The slow current period give us a good lesson, don't FOMO.

You could be absolutely right for the investment strategy for yourself.
Keep regular comparisons between your investments. If your ETFs are making way more than your stock portfolio, wouldn't it be logical to channel more funds that way?

Keeping a smaller stock portfolio could take off some of the stress and keep yourself in the game.
Sometimes what we want at the end of the day if not just profits, but also the experience of having done it.

you want to cut loss and bring the money to where to earn back?

if you haven't decide what to do with the money from cut loss, then no point to cut loss now, especially it's due for rebound soon as it's currently oversold.

you need to find opportunity first then cut loss. And if you want to cut loss, you can cut when it rebound.

if not after cut loss now, if the stock rebound then you are stuck in the middle of nowhere.

my 2 cents.

I entered dnex at 0.80last Friday morning due to FOMO.. can not control my hand ..
it drop 10+% to 0.69 and luckily continue average down .. Looks like the music won’t stop so soon

Our consistent strategy for handling adversity.
Kick it down the road.

My own money also flowing out to other markets.

And the market is closed!

I have no time to monitor the market these few days.

I decided to cut loss on many stocks today. Gave back all my profits for this month to Mr Market. But I still have many stocks left including glove stocks!

I decided to sai lang into Hextar today. Win big or go home. 

If the market continues to downtrend, to have a second round of cutting loss tomorrow.

Capital preservation is paramount. Sometimes, we need to know when to fold our cards and live to fight another day. 

Do you mean allocation within my stock portfolio, or an investment breakdown overall?
I need to provide more context when sharing a breakup as I wouldn't want an info to influence anyone in the general public without the proper reasoning.

I’ll try to elaborate as I have a feeling your question inherently is about the how rather than the what.

Short TLDR answer : About 20 - 25% in KLSE stocks, the rest in various funds.

Longer answer :

The bulk of my investments are in a few select funds, with the rest I manage myself in Bursa equities. The investment funds vastly outperform my own performance, which is why I stick with them and they have grown into a significant position in my portfolio. Underperforming fund usually are cut rather quickly.

I utilize certain investment funds as a method to invest in certain markets where I am not confident of my own competency, or have limited tools to do so. Like the China market for example. Each market is a unique pool with micro and macro view. Imagine the nuances in Bursa investment affecting overall sentiment, local market is difficult enough much less going to foreign markets. This is where I tap on professional expertise to do it. It can be geographical (Asian, China, etc) or it can be sector specific (Tech). If I find the right fund to execute the approach I want, I buy in. Even minus off annual management fees, it is consistent double digits.

This also has to do with my day job in an FI. My department covers 30 markets, which helps my understanding. But the main benefit is the FI’s investment arm platform which I enjoy staff benefits. For example, zero fees and charges. I make full use of it.

On local equities, I tend to do individual research and more importantly rely on the advantages that I as an individual, enjoy. My childhood friends are in senior positions in the Penang semi-con Tech scene, either directly with the public companies or in their major suppliers. I won’t mention names, but the companies are trading between RM3 to 6 now I think. If new Production lines are setup, I usually will know in which location and how many. My siblings are in other non-Tech public companies, so I hear stuff going on.
What I want to say is this : Your best investment strategy is unique to you. Your expertise. Where you work. Your social circle. Make best use of what you have. Peter Lynch is absolutely right.
I hope this adequately answered your query?

KGB is linked with tech/semicon so it goes down with tech.