Thanks to them, we get so many lelongs now

Gloves shall fly 2mr . Hopefully people sell other counters and move back into gloves. Kasi hoot 99.

Hopefully, we will have 137% gain in 6 days like careplus after QR

This post has been edited by HereToLearn: Aug 13 2020, 10:41 PM

If it is distribution by big players, not washing by big players to buy more.
Gloves are all fcked.

LEGEND

10 weeks cause you do not need to pay your loan right after 30 Sept. Requirement is to pay before 31 Oct

No more bad news i guess. The question is what will big players/retailers do next with the gloves.?

Will affect others who are invested in gloves MENTALLY
Jeopardize work performance

And those who bought properties during the property boom..

Market is very unpredictable, when everyone has lost hope, only will the big funds come back in to buy cheap. And then, repeat the process of marking up and distribution.
Just buy the cheapest stock with good fundamentals, even if big funds dont come in. You still have dividends.

China ppl are ready to give up on apple because wechat is more important to them

Penta is too overpriced forward PE 28, ROE declines (not as good as) its previous years

Its weekends, Monday will be back active again

Not sure if this helps to calm gloves investors down, but in amazon, supermax gloves are out of stock, which means demand is still >> supply
https://www.amazon.com/s?k=supermax+glove&c..._ss_ts-o-p_1_14

If people are talking about post pandemic situation where gloves ASP will drop significantly due to oversupply and hence glove share prices should drop.
Why isnt anyone talking about the post pandemic situation where economy normalizes, and hence the bank share prices should rise, due to their earnings normalize back to pre-pandemic condition?

So glove investors take a chill pill. I am a bank investor but from rational point of view, I think that gloves are still solid and have rooms for upside. *Just my 2 cents, from someone who loves banks and heavily invested in FI shares*

Spreadability is not the same, much higher for Covid

Btw, people are talking about investing with 3-5 years timeframe in stock market/gloves forum. But if thats the case, bank shares should not have dropped, theres no way that banks' earnings wont return or even do better after Covid.

This is quite a solid proof to show you that if you shouldnt be worry too much holding gloves with solid profitability, when it has enough data that they can last more than a year.
The keyword here is **ONLY GLOVES WITH SOLID PROFITABILITY**

Yes dont fall in love with any stock, once the fundamental changes. Just switch to better fundamental stocks

The only reason I buy banks is that my risk is so minimal that my bets are almost sure wins.
This strategy requires tremendous patience and cant maximize profitability by switching from sector to sector .
But, I am happy with the dividends that will yield higher than FD once the economy recovers.

Glove(s) WITH SOLID PROFITABILITY from my point of view is/are still good to hold

This post has been edited by HereToLearn: Aug 15 2020, 12:12 PM

Kama Sutra

LOL, that might happen. Unless China successfully influence the citizens that China brand phones are better (maybe by inflating China brand phones, cause too many rich ppl there intentionally buy expensive products just to show off e.g. LV bags)

Wise choice bro