Ah..day gain is the term.

I ask because there is resemblance in our holding counters

My watchlist is full of greens too, not surprising since the whole index is up.

No shopping for today, I guess.

A “typographical” mistake sounds more forgivable than limiting buying of shares.

Besides that, why only TopGlov?

Long term wise it still doesn’t matter, but this needs to be nitpicked on, as such a move would cause a sentiment shift in the weak holders, we’re seeing that now.

The line between MCO & CMCO is getting blurred..

Might as well scrape off the term MCO, just announce forbid interstate crossing.

This post has been edited by MedElite23: Feb 3 2021, 02:17 PM

Tricky move.

They know if MCO is lifted and covid cases continue to surge, people aren’t going to be happy.

If real MCO is implemented, the economy will collapse.

So they play around with the wordings, extend MCO! but all business as usual.

Very cunning move.

Wakaka..I saw this coming, in fact I was typing already..but thought this isn’t kopitiam..but owh well...hahaha, good one!

Every year we’ll see headline news saying A CRASH IS COMING!

Well if you throw the darts enough times eventually you’ll score the center..

Sometimes...people lose more money anticipating a crash than an actual crash itself..Peter Lynch said so.

Timing the market, or not, decision is in your hand. Cheers!

Ironically, spmax closed green today, LOVE LOVE IT!

Has anyone thought of the possibility that future drop in ASP and net profit already priced in?

On average, their price has dropped 40% from peak. Mr.Market being the brilliant chap wouldn’t have not known this?

If the uncertainty cum risk is already what everyone knows, what risk is left in there?

Many people would be disappointed, me included, if the glove price didn’t end up falling back to pre-covid level

Cool, good to hear on your thoughts.

Now time to hear some facts by Mr.Kuan from Hartalega

Just watch the video in the following, 3 minutes only. statikinetic

https://drive.google.com/file/d/10_OtXWMRuk...ew?usp=drivesdk

This post has been edited by MedElite23: Feb 4 2021, 09:55 PM

Exactly. While I see a lot of “thoughts” being expressed, I prefer to hear facts from the CEO himself. (I’m by no means disregarding their thoughts,really.)

Err..the newbies factories (in your words) do not have (in comparison to the big 4’s):
1.) glove output capacity
2.) financial means of scalability
3.) pricing power
4.) reputation
5.) worldwide connection
6.) intricate technology
7.) GLOVE QUALITY

Are you making the assumption that the big players’ business would stagnate in the 5-6 years?



This post has been edited by MedElite23: Feb 4 2021, 09:59 PM

You know, I have to commend you for having a firm stand on the tech stocks, and you're not afraid to justify what you truly believe in.

It's impossible for everyone to see eye to eye on any subject of discussion, and that's fine. Either way we can learn something from each other, or at least agree to disagree.

Can you share with us what caused you to jump in 5 years ago at the peak? (retrospectively speaking)

What was the stimulus that caused the surge? I noticed it never came back after 2015.

Err..you didn’t answer my question..nvm it’s okay

I do this. But only to a few targeted stocks that I have strong conviction in, and would like to start a position immediately (provided it’s not overvalued in my book), but do not want to time the market. One thing though, I do not pump into them endlessly. Instead, I allocate a fixed amount of money for that particular stock and DCA over 6 months or so depending on the price movement down the road. After that, I’ll wait to reap my harvest. The downside is, cheap can get cheaper haha so you need to have the stomach to swallow the temporary paper loss.

Some people prefer to lump sum when the stock price is in consolidation phase. You may wanna try out different approach and see which method suits you better.

For sharing purpose:
I was revising my investment bible, came across this and immediately 2 companies appeared to my mind - CIMB & TNB

You can look at this this way;

By DCA-ing your allocated fund to a particular stock, you are buying time (for 6 months period, 2 quarters that is) to see if the company performance is up to your expectation before planning your next move.

In case the company execute a move that goes against your investing principle e.g doing share buy backs instead of distributing dividend back to shareholders or accounting fraud getting exposed, at least you're not "all in" and in essence lower your risk of losing more money.

This post has been edited by MedElite23: Feb 6 2021, 11:34 PM

Transaction fee and number of lots definitely play a role in determining whether DCA would suit you.

Alternatively, you can buy in batches instead of DCA-ing. E.g buy every 3 monthly. In this way your transaction fee will be lower, but you risk missing out the best buying opportunity.

All the best!

Statikinetic can always grasp the gist of a context precisely and express it beautifully. I have nothing to add.

I’ll throw in another company name for case study purpose, pharmaniaga.

Stock price always follows company's earnings in the long run, hence the decline of a company's share price over a protracted period definitely warrants some digging into the financial statements.

Tenaga's Debt-to-Equity ratio was 0.48 in 2016. As of the latest quarter, we're looking at D/E of 0.92, nearly doubled in the span of little over 4 years.

Despite being the monopoly in the utility sector, the business itself is not really profitable as they simply do not have the pricing power being a government linked company.

Ps: if you have time do observe around your neighbourhood to check if their lights, air-conditioner seem to be always switched on? you know the drill.

Anyway, flipping through their annual reports you'll also find the incremental debt is partly contributed by R&D in renewable energy sector.

In 2018, political instability started emerging due to the change in political party. Foreign investors never liked uncertainty, since then they have been slowly pulling out from our bursa..

The unexpected pandemic that came later certainly wasn't helping the situation...

That is enough to explain why the share price has been sliding....

Many people know these reasons, but they decide to buy into the company anyway, simply with the believe that it is a monopoly business, it cannot go bankrupt, and of course, it will come back.

*But you know as some of us have said, when the share price falls we always try to explain it with different reasons, sometimes it may be irrelevant already....it's all retrospective discussion...though there may be a certain extent of truth in it...*

This post has been edited by MedElite23: Feb 7 2021, 11:28 PM