Did someone mentioned asp, profit likely to waterfall in Q3? Sooner than expected.

During shortage, users tend to overstock and over order, hoarding among speculators are common; like most shortage, will end in oversupply. It is a matter of how much and how soon.

i thought you took profit already?

yeah lol told u to buy since last year. tech is like this one. If it is up, you hold for a long time. If it starts going down, you wait forever and dont do anything. The tech cycle reverses over a very long time horizon. Meaning you need to wait years for another correction or rebound. Basically any reversal

gloves continue their meltdown

I was guessing this morning, basing on assumption of fully recovery and income from newer assets, my blunt guess is 40 sen DPU expectation is not unreasonable and given that the stock hadn't really rolled off the cliff, I guess it's wise to just hold the stock.

New at this.. so would you say my reasoning is too optimistic?

I would think os as well, that is what I intend to do.
REITs because I consider them as more FI it is not a stock that should be traded often. The volatility just isn't there compared to other stocks, especially the small caps, so people who get into REITs tend to sit on them for a longer period of time in comparison.

ASB made Petronas renew the lease to 2034 before they started picking up the shares so there should be some stability for the long term.
I think it will come back. It is the sitting period now. One worry with downtown KL properties is the exposure to a potential office space glut. That was a real risk before the pandemic and with all the new spaces opening up. TRX for example. With the pandemic and the WFH wave, the question now is how bad the glut will be?

If on October 10, Bursa tech index I don't see 100, I dump almost all and keep MPI only

Haha

So bursa follows next?

So tell me, since you are here to learn... what are the pros and cons of following such a strategy?

edit:

sine you had focused on semi conductors index, what was your top stock pick in that sector...

and during this period of divergence, how exactly did the stock perform?

HereToLearn

since I had searched those stocks via yahoo finance, I can easily refer back at a quick glance...

the prices during that 'divergence'..

1. Intel  stock closing price on 6th Oct = 53.98
2. NVIDIA  stock closing price on 6th Oct = 207
3. Micron tech  stock closing price on 6th Oct = 69.94
4. AMD  stock closing price on 6th Oct = 103.64
5. Qualcom  stock closing price on 6th Oct =  128.06
6. Texas Ins  stock closing price on 6th Oct = 194.39

prices right now...

kesian those who bought topglove, serbadk & ATAIMS together