Your theory is correct. All left with underwear.

I had to cut loss Supermax also despite wanting to hold on. But there is no signal so far that it will rise back soonest possible. Only TG has hope.

A loss I have to swallow, still if there is a rebound, will at least return back all my losses.

Lol. Who wants to listen to a nobody? It’s just coincidence that the share is plunging all the way. A monkey could’ve made that call.

honestly i think glove and healthcare stock bull run has toned down..
it had been consolidating over the past weeks..
good thing that fundamentals of these glove company are still intact..
so if you have gloves stock on your portfolio, hold on, top up gradually if u can every time the stock is down..
because you need to average down the acquisition price..
myself hold TG stock, average acquisition price 9.2..
honestly, being realistic with current market situation, i dont see any way TG can climb back to 9 or above that for upcoming week..
but i do believe it can reach 8.5 right before the FY 2020 earnings release..
so i will buy more when the stock go down, try to reduce my average acquisition price, so at least minimize my losses..
i went all out on TG last month, now need to withdraw my stashaway investment saving to cover back all the losses..
you cant get right all the time..
on the other hand, luckily i close all my NASDAQ tech stocks trade on etoro before the crash and ended up with 40% profit..
because what troubling me, while tech stocks prices rampaged, earnings slept..
earnings must grow at an extremely rapid rate to give investors a decent return..
well after step correction, now we may rally again..
lesson learned

DJI and S&P 500 futures mean nothing on our market. Why does the US market have anything to do with Bursa? It’s a different game. It’s just speculations and predictions and reflects market sentiment in the US before market open next day. Funds are still bullish on FAANGS + TSLA. Whereas in Malaysia, retail investors control a fair share of market. And people are already panic-selling.

thanks for sharing.

i feel u... at rm9.20.

there has been all kinds of talk about why the price plunged for 7 consecutive days - moratorium ending, IB's suppressing price for their warrants, vaccine, etc.

the recent market turbulence may take some time to settle.

but we do know with a good degree of certainty that the sep 17 QR should report >1bil PAT.

the boss has said the ASP is good and will be good for "several more qtrs".

so, say full year forward is 3bil (not 4). 3.0/8.12 bil shares = rm0.37 per share.

at today's price of 7.15, p/e is just 19.

from this perspective, it has every possibility and probability to rise to p/e 25 or higher - >rm9.25.

it is becos i trust the nos. that i hold.

but we know market forces are not always rational, more so with bursa as we know it.

i do not subscribe to the view that it can go down much further.

remember, this is the largest glove maker in the world and is making big profits.

so, hang in there.

https://research.sginvestors.io/2020/09/top...2020-09-08.html

So.... DJI is (quite) green today. Therefore KLSE should be in green too. If gloves continue to fall though......

Kossan seems a better bet though..... with so much fall in last few days, it can get back to 13 in next 2 days of continuous rally.

klci will be supported by the big brother.

klci is supported by the big brother.

if broke 1500 then expect to go down until 1470 then climb back abit to 1480 in the last 30mins 

Bro, if you are confident, it will drop to 1400.
Short the index bro, ez money for you; every 1 point drop is RM50. Drop to 1400 from here is 100% gain

Bro shorting the future index (FKLI) is not banned...

I pity more on those that trying so hard to get attention here.

gloves will go back to pre-covid price soon ie divide by 5 for TG

I'm also in Gloves. Small paper loss this far.

I pity more on those that trying so hard to get attention here.

supermax also did share buyback today, rm36 mil spent.

good, they have cash too.

see tmr who else wanna dump, cut loss, take profit, whatever!

Join supermaxx also today. Have fun tomorrow

Two /Ktards arguing in here. While we munch popcorn.

Simple answer. When it is OVERVALUED.

my value will change over the time based on any incident that might affect the fundamental of the company

at the moment is RM12, but I am very conservative. Some might have higher TP