I sold Super earlier today. Also MuiProp (at loss). Only holding TG, Genting and Maybank.

I got a stupid question, Supermax split and bonus share 1:1 = ?

If lets say T.P at RM 20 and split.

RM 10 + RM 10 (so call free share)?

When is the last day to grab supermax? The TQ now is spliting into 3 (1+2). Does the +2 means feee share? It seems like still the same share but just divided into 3? I want to know it as i worried kena trapped if i proceed to match later.

In these times of panic and uncertainty, I did the only thing I could....which was to buy all the gloves stocks in sight except for Ruberex.

The only regret I had was that I bought too much Top Glove this morning at 9.20 am. when it increased +4% plus. Now sitting on heavy losses on Top Glove.

Well, live goes on...

Wait till tomorrow, might get even cheaper than 8 at this rate.
Its ok unker, win some lose some

Mind sharing the % ?

Sorry, you are referring to how much I bought just now or how much paper loss I suffered for Top Glove?
Ruberex did not fall much today. For the past 1 month, Ruberex "only fell" about 19%. The other glove stocks fell between 20% to 50%.

Use the pre-covid
1. Net profit margin
2. Compounded annual growth in revenue (demand)
3. PE15x
to value your stocks before making decision for long term investment

Assumptions are
1. Profit margin doesnt get squeezed by more glove players.
2. Demand remains (no next pandemic and vaccine works)

For scalping/trading, use charts, I cant comment 

It has happened before...
Read the whole thing here
https://forum.lowyat.net/topic/1044569/+0

whats BI? lol sry out of touch

This time wont be like June. CDC distributing vaccine by Nov 1, time is ticking

Top Glove limit down
Supermax limit down

paper loss 15%       

At the time being, the glove stocks look like the Titanic heading towards the iceberg.

My unrealised loss is now officially in the five figure, thanks largely to Top Glove. 

What an interesting day. Don't worry guys, this too shall pass... :thumbsup:

Tomorrow t+2 big fund may goreng until small fund kena margin call and forced selling. So wait tomorrow can try collect low..

Pre-pandemic topglov and harta are RM5 before bonus issue (RM1.67 for topglov consider bonus splitting).

Long term investors, who already made big buck can take profit and buy again later after ASP normalizes...

Especially harta... harta is already RM1 below the neckline...

BI doesnt impact the underlying business though, just a psychological play