Monday drop until niama cannnot recognise

coz im retarded       

but u expected that, no?

6 months into pandemic... no tourists, no visitors.... how can hospitality, tourist traps, hotels make any money??

worse for airlines... no chance at all!!

isn't the result expected?
so, before anyone think cheap is good to buy, pls think again... how long to get rid of cov19 and all is perfect again?

and what biz is good for what may come next... cov22, cov25...??!

It takes an 11% gain to recover a 10% loss.  Not a problem.
It takes a 25% gain to recover a 20% loss.  Harder.
It takes a 43% gain to recover a 30% loss.  Problem.
It takes a 67% gain to recover a 40% loss. Big problem.
It takes a 100% gain to recover a 50% loss. Devastating.
It takes a 300% gain to recover a 75% loss.  Catastrophic.

hahahahaha.

now I know why Harta stock price keep going up.

justified that I didn't go in.

hopefully the big drop will drag all glove sector down so can get more the one I collecting.

All glove counters fell, whether green or red. That's profit taking.

Question is, have the profit taking been completed for today?

Luckily sold all my Harta position @ rm20.90 yesterday after few weeks holding. Was having a big hunch that this QR round won't be so great.

Will re-enter again when the price is very low in this few days.

just an advise, if you want to be successful in investment, you need to forecast your own on each company earning.

219.7 mil isn't far from my 200 mil estimation. Based on my estimation, the market price is overvalued.

if you don't know how to forecast on a particular business model, then that business model is out of your circle of competent and therefore you shouldn't put money in it.

if you still want to spend the money, the better choice is you take the money go to Genting.

and then, you need to know how 90% of the people behavior in stock market, then you can earn money from those. Because those 90% definitely will lose money over the course of time. So instead let those fund manager earn fully, you can also earn a bit from the cake.

just my 2 cent, if this is not acceptable to you, my apologies.

I sold Harta. Get back some profit. Rebuy at lower price. It's green in my books now. Got a feeling most of them will end up in green later.

Comfort, Rubberex, K1 and XOX.

Another tough decision to make, to sell now at high, or hold waiting for it to fly again tmr, lol.

I sold off my tg..already q for next dip..i put rm25.50

not all glove is overpriced. You have to do own homework to keep getting updated ASP of each company and then forecast with the capacity / future increase capacity.

Glove sector past PE is within 20-30. Now the market demand is so good, maybe market sentiment willing to give FPE 35.

You do some rough calculation then you will know whether is it overprice.

Just search for Supermax QR release date, and ready the dough on that day.