Nothing new:

Feel like going to top up another 200 shares of Supermax on Monday. I already entered at RM10.86, was waiting for its correction to buy at lower but it keep on increasing. When I thought the next day will drop a bit then next day drop a bit then enter again, it did not happen lol. I just afraid that when after I buy on Monday then it will fall. I think TP of RM15-20 is possible to reach after saw so many people analysed over it but not so soon i guess. So guys, do u think I should go for it on Monday?

TG, Harta have room to grow. Kossan bought low so already in profit. Supermax..... grab and run.

Wasn't Topglove down and stuck at RM15 a week or two before due to some rumors of a covid vaccine working?

https://www.malaymail.com/news/malaysia/202...hortage/1883696

This gives doubt if capacity can run at 100%...

The World Health Organization said that 21 candidate vaccines are currently in clinical trials being tested on human volunteers, three of which are in the third phase of those trials.

U.S. biotech firm Moderna, U.K. pharmaceutical company AstraZeneca and China’s Sinovac Biotech have made the most progress towards developing vaccine candidates for the coronavirus. However, Moderna, which is working with the U.S. National Institutes of Health, recently said that its late-stage trial for a vaccine will be delayed, possibly by a few weeks.

A potential vaccine being developed by the drug giant Pfizer and the biotech firm BioNTech has garnered immune responses in healthy patients, but also caused fever and other side effects.

https://www.cnbc.com/2020/07/11/bill-gates-...est-bidder.html

Stock price is only as good as what the next buyer (or punter) is willing to pay for.

Going back to the fundamentals is a much safer option to invest. Buying undervalued stocks for the long term is a much safer option than buying overvalued stocks for short term trade. The only downside of buying undervalued stocks is that you cant make quick profit because the markets can remain irrational and inefficient longer than you can remain solvent. In layman terms, you might sell your undervalued stocks before the asset's prices truly reflect their values.

If anyone needs motivation to buy Harta shares next week, this should provide the answer:-

i mean those u think can truly buy-keep and not risk selling becos "low got lower"? YES

The bank sector took a big hit from all the negativity in the market (OPR cut, possible NPLs). I personally think this is the perfect time to collect before the negativity fades. Banks will come back before the economy recovers (just look at how they came back in 2009-2011 after the sharp selling in 2008). I would say try looking for financial stocks that lost a lot of their market cap and read up the balance sheet, income and cash flow statement to pick banks that suits your risk appetite best. I am heavily invested in financial stocks because they are very resilient and will not go into PN17 like AA.

My 3 biggest holdings are
(i) BIMB and TAKAFUL as their past performance prior covid were superb, and their price look attractive. These 2 are the perfect growth stocks that give dividends better than the FDs (unlike most tech stocks - little to no dividends).
(ii) CIMB because I am taking advantage of the hin leong and hontop exposure that causes the huge price drop (now extremely low P/B). Plan to sell after riding the wave when it comes back like how banks stocks did in 2009-2011 unless its ROE improves.

Maybank and pbb are not my biggest holdings despite their superb performance prior covid because
(i) pbb was way overvalued prior covid and still slightly is
(ii) maybank share price now is already very close to their price prior covid, there is nothing to bottom fish here.

My approach definitely cannot result in huge and quick profit like the gloves. But with fundamentals supporting my decisions, at least I wont panic sell if it drops but will continue to collect more.

There are other undervalued stocks in other sectors too. But I am heavily invested in the financial sector NOW because there is a better opportunity to bottom fish HERE NOW.

wah~top 4 goreng till gao gao...miss boat dy

Gila. TG hit RM 2 in 10 mins. Cant get some though even with orders in place....

Now dip from the morning peak, can buy ar?

fuhhhhhhhhhhhhhh tg flyyyyyyyyyyyyyyy. come on break 1600!

glove counters esp superman and tg are moving like crazy. see also scared.

No way Rm10,

Now some some /k in lowyat talks about RM35, not RM25 anymore.

will supermax get into fmbklci?
....

there is a glove (nitrile included) co. listed on SGX - riverstone.

its capitalization is about 1/2 the size of supermax (which is 1/3 of topglove or harta).

due to it not listed on bursa, its price has rallied to SGD3.26 but not as much as the bursa listed ones.

currently SGD3.26, may still have good upside as new lines come into production now, prices rising.

Yup. It can go up to 17 easily. Just look at the number of Supermax warrants in top 10.

super bull!! klse broke 1600!!

few counters carry the whole market up.

how to identify these kind of potential stocks? i want ready for the potential super stock even if it take 20 yrs. that time will be warren buffett liao

"Warren Buffett wasn't able to adjust because his time frame is so long-term that the markets move quicker than he was able to,” he said. Meanwhile, Druckenmiller — who Shannon pointed out is “somewhat notorious ... for being an aggressive trader” may have thought the same.
https://finance.yahoo.com/news/why-warren-b...-172148318.html

Warren Buffett’s lack of big moves during sell-off is ‘tied to his age,’ Ken Fisher says
https://www.cnbc.com/2020/06/08/warren-buff...isher-says.html