glove stocks seems safe, but doubt if it can go sky high (again).
maybe the vaccine will.

Malaysia lockdown glove stocks will fly? MY got need so much gloves or not. Small country nia.

Anyway I only hold 2 stocks... Insas and Homeritz. Both cash rich, debt free. Don't care... Besides I think health > money.

Personally I see mco2.0 as a way to curb interstate travels during CNY. They knew very well this wouldn't do much, other than to curb others from spreading it to other states which are not so serious.

Based on recent subsequent lock down trend in uk ftse. I dont expect any gap down, maybe even go up slightly cause many wanna buy the dip.

just some sharing on my personal ideas. i started building my portfolio since 2013. back then i was a total noob and do trading in-out-in-out and lost some of my pocket money. i remembered how i lost money in topglove. yes the worker bully case that sink the gloves shares. i had to cut lost and the next thing happen - H1N1 comes in and the stock easily double from the lowest. a big big mistake made

after a few more stocks trading and lost a few round of money. i decided to stop trading and start buy shares in small batch and forget about it. leave it there and let it just grow or die.

so i have think on malaysia economy and the potential is rather on the export side. when first gotten my salary, i tried hard to save 4 months worth of salary savings of RM1500 and buy hartalega. subsequently i bought into Hevea (no longer with me) and Tguan (swapped to BPPlastic when Tguan was in bad shape)

i have identify 6 sectors i should stay invested which is:-
Gloves
Plastic
furnishing and wood products
Oil and Gas
Tech
Plantation (oil palm)

in the early years, i focus on cheap shares, which means buy the lowest PE stocks, but eventually this idea doesnt work, which eventually i made up my mind and choose to switch over to the industry leader

over the time, i just throw in my salary savings at the beginning of the month (top up with dividend received to invest and buy, and top up)
maybank trade is only RM12 per trade after adding duty stamp, clearing and SST. every batches of RM1000-RM2000, the brokerage fees of RM12 is very reasonable

and if you recalled my previous post. i don't focus on 1 share in the particular sector. i rather stay invest in the top 3 leaders of every industry

I also feel damn expensive, thats why no buy tech, but looking at the tech index trend, it only goes up like Nasdaq.

Look into their projected NP into 2022/2023, at current price, the growth can only lower it to PE 25-35 ish.
If they are expected to still growing at this rate, then it might ok to take on the risks, but we dont know about that. That's why I dont feel like taking this unnecessary risk to buy into counters with high forward PE. Even gloves Forward2023 PE are way cheaper (except harta, forward23 PE quite close to that of tech)

The human psychology is best displayed in i3, at both ends of the extreme.
I am not involved, but it is a great place to learn from the mistakes of others.
How far is too far? What is your horizon?
Some think it will be as fast as Q2 when the vaccines hit the ground. Others are looking at 2021. People want a position in as early as possible before the uptrend starts. You see that in full effect on 9 Nov when news of the vaccine broke. Nothing more than the vaccine. No plan, no logistics nothing. Yet stocks in the market immediately jumped at the news. Primarily because it is going to happen, the timeframe of which becomes a secondary consideration.

The one risk they run is if recovery never happens.

Anyone holding on Matrix and Magni? Any opinion on this whether to hold or release atm to go for other counter? Previously bought Magni is for Olympics but seems like its going to extend lol. Matrix is my first stock bought, and no movement since then. Looking for advices thanks

One thing I learned from 2020's market is this. Our definition of "overvalued" may be different from Mr. Market's definition.

Gloves' historical PE last year reached above 50 at certain months, with some reaching 100. But Mr Market continued buying frenzy, with no concerns of stocks being overvalued. Now, gloves' historical PE is at reasonable levels, but Mr Market is reluctant to push prices up.

Mr Market doesnt think tech stocks are overvalued, ignoring high past PE of tech of >50 like Mi, Penta, etc.

So, even if you buy something which you think is "expensive", you still can profit if Mr. Market thinks it is "cheap" & keeps pushing the prices up.

Ultimately, it depends on your investing style. My style is, I won't buy when I think a stock is "expensive" despite Mr. Market thinking it is "cheap". I would prefer to wait until the stock comes to a reasonable valuation I'm comfortable with. But I know friends who invest on the market trend, like gloves months ago & tech stocks now.

Definitely can hold long. They promise to double the share price in 5 years time in their AGM which mean 25% growth a year. I plan to go in after they give bonus cause I was a bit late to the party previously but somehow the price still keep going

glove prices looks tempting, though it may continue to drop tomorrow

Hate to say this: newbie asking to buy Tesla? This must be the top of bull market right?hahahaha

Nah dude I’m not saying don’t jump into Tesla.

Yes, back then the local IBs keeping singing the high TP for that counter, saying how good it was gonna be despite the expensive valuation.

Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns.
At this price, better dont touch
Hahaha, dont touch, you need to see beyond dividend yield... Look at its revenue and profit y-o-y, keeps decreasing every year. U will get fcked up holding that stock.
Is Covid is actually that serious though? One of my family member actually got covid, but it was like a normal flu to him/her, discharged already.

Despite staying under the same roof, none of us except he/she got it. We did not practice social distancing and wear mask in home before he/she was tested positive. We did not practice social distancing and wear mask in home after he/she was discharged

Even vested interest in glove, it is unnecessary to discredit the vaccine.
Vaccine is not 100%, and covid is not likely to varnish totally, highly to become flu like situation or seasonal, but it has certain extent to control the situation.

People died after taking vaccine, is not necessary died because of vaccine.
There are also people died after taking the vaccine in the 3rd phase trial, but not because of vaccine, but other causes or even natural death. 

We have people thousand of people died each day(not due to covid) due to various reason, from natural death, chronic disease, accidents etc.
When your sample size is large in million, then very likely one of those stat will be inside the monitoring data.

Especially with vaccine roll out targeted elderly, it is more easily have data of people died inside the monitoring group.

There are people develop complication or allergy to vaccine as well, which is always norm in medical field. Even ordinary medicines, very small percentage also may develop allergic reaction which depends on individual.

this is an example:

Top glove factory affected by covid again, wonder if there's any impact again on the share price:

https://www.malaysiakini.com/news/559199

Never know it may go up instead cos ppl now think the reverse. Kilang covid=tutup=less glove=Asp up. Some more news about not enough containers to ship the gloves. More glove shortages!!
Seriously Smax is in the best position to take advantage especially once the US & UK factories are in operations.