But 2nd tier glove many will take profit soon after surge..
diffult to maintain

NYSE today red red

This post has been edited by yehlai: Oct 14 2020, 03:35 AM

comfort leading the pack now

US pack with Aus, Japan, S.Korea, India, Taiwan
complete surround on China

Nasdaq green green..

sorry dont understand the logic..
if retailer buying call option shouldn't the IB press the price down?

This post has been edited by yehlai: Oct 15 2020, 01:06 AM

what wind you heard?

BTW you guys dont need sleep.. maybe MCO 1st night tomorrow dont need to work?

This post has been edited by yehlai: Oct 15 2020, 12:56 AM

Just normal profit taking I guess
cannot compare this CMCO with March
March that time all become full time trader.. now most back to part time only..

Thats big news.. for long term its good
Comfort owner might want to retired alrdy as earned alot (lose momentum).. if Mah Sing can bring in solid mgmt team and come out with some mid-long term plan then it's good for the company

This post has been edited by yehlai: Oct 15 2020, 12:17 PM

Mind share more insights?

Guess we can call it a day.. fundamental for glove still solid despite labor news from US
remember last round of such news have cause some retraction.. but now seems not affected

I just check.. negative growth since 2018 instead of 2015
But their share price have up 1 fold since mco.. although still far from previous peak

But negative growth should be due to their industry cyclical
not that related to management performance I suppose

For me is 2 thing..
1 - cash rich (their dividend not bad)
2 - lack of innovation (rather be a late comer in low threshold + saturated industry)

Red now...

This post has been edited by yehlai: Oct 15 2020, 11:39 PM

NYSE red last night.. here should be green

FOMO from the retailers .. best is not join goreng counter at all especially chase high

for us MahSing venturing in gloves is not that attractive.. but retailers still goes in
seems like goreng stock players mindset are anti fundamentals

but still congrats to those early enter to MahSing.. handsome profits

This post has been edited by yehlai: Oct 16 2020, 10:21 AM

Your Mahsing beautifully played.. up this morning 9-10am close to 30%
then started go downhill now

max I'd put into goreng counter is less than 5 figure.. too high risk

This post has been edited by yehlai: Oct 16 2020, 10:55 AM

Better stay in ETF, risk of losing money is a lot lower

[quote=Krv23490,Oct 16 2020, 03:05 PM]
[quote=Duckies,Oct 16 2020, 03:03 PM]
Well basically pharma and glove has been going up steadily this past weeks. I am still holding cash for correction to happen.


Not complaining.. yeah , i bought small only to satisfy the itch at 3.30 and 3.50. was saving for rm3... but its near rm4 now...

[/quote]
Dpharma bought at that price point is still not bad.. if looking back now

Well that's the fact, if look back now that buying price is not bad
Just that I won't chase high also, as there are so many counters out there can making money.

But then if business model is really good, how you know now is buying high? AAPL before split, 200USD people say it was high also
so don't be too firm on this

For me Malaysia pharma after fly like this, I won't go in anymore
they don't do hugh R&D, mainly doing generic drugs and heavy government linked.. not an attractive business model to me

I dont mind to buy high provided the business model is very good for long term and have strong moat.. never get tired of doing that

This post has been edited by yehlai: Oct 16 2020, 03:26 PM