To hold or not to hold, you guys betting or done homework to backup your decision? Haha

good news. go buy glove stocks. many waiting for it to get push up.

lol.

This post has been edited by skty: Jun 15 2020, 11:40 AM

you must know anything no fundamental backup speculation will finally go back to shape. And there are obvious reasons why it start going back to reasonable price.

the crazy glove sales cannot go on forever. look at how long delivery time of the orders on hand. And then do own thinking whether the Covid-19 will last until then or not. Keep on posting news of resurgence doesn't help. Their production capacity is already at the MAX.

and of course there are macroeconomic side of reasons which are also very obvious.

the question now is at what price is the current intrinsic value of the glove counters and it can be so easily calculated out. If you know that, you will know currently still holding to it is correct or not.

if you don't learn from mistakes, the tuition fee is wasted. Do some reflection and reasoning after mistakes. You will be a better investor in the future.

well, don't believe to what I just said. Maybe after I say this got some hot money come in to goreng again. Then another round of Happy Goreng Hour and I hope by then you will learn already. LOL

lose liao find you ok ma?

there is always risk. what thing has no risk?

you buy at rm1, sell at rm8. I ask you, got risk or not?

got risk also, right? you risk of not making rm2 more if you sell at rm8 and then later the price rose to rm10.

speculator + margin play = unlimited risk.

buy buy buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

hahaha

too bad this drop so little, margin of safety and my assumed intrinsic value doesn't appear yet in my shortlisted stock

damn sad

This post has been edited by skty: Jun 16 2020, 10:19 PM

missed? you can buy now at 15.88. even more bargain than 15.92.

now all the "gurus" in facebook that consistently pushing for glove counters for the past months, now all quiet. lol

This post has been edited by skty: Jun 17 2020, 10:37 AM

hahahahaha.

that's one way of viewing the current demand VS storage capacity + daily usage rate.

you can view it complete differently as well.

nobody goreng today eh?

Just when everyone is so optimistic calling buy buy buy when resurgence of pandemic appearing everywhere. Hahaha

There was a “famous seafood” went live yesterday in FB asking sarcastically everyone why need to scare to invest in glove stock now. Too bad nobody help push up the price today. Lol

I am not saying his mentality is wrong. If you are so confidence with your analysis, why don’t buy glove stock now when it’s cheaper than one week ago? Why still afraid by market votality at this moment? Only when you have not done any homework and just buy on tips and hear say and look see, then you will be panic selling.

Bought FPI on bargain price on 18 March that already announced dividend around 10% on February but ex date is on April. what a steal, hahahaha

Prior to the price drop, the dividend used to be around 6~8% every year.

Once you tasted this farming outcome, speculator and active trading is simply no-make-sense to you in term of time consuming, affect emotion, high risk, cannot sleep. lol

This post has been edited by skty: Jun 18 2020, 09:11 PM

cut half can liao.

See things cannot see at one angle.

Corporate profits also can improve by a lot other factors that can be improved by higher corporate tax.

Corporate tax cut only benefit a small group of people.

do you really think retail player can sustain the growth?

institutional player is shifting their fund into growth stock.

it's advisable to be taught by licensed fund manager about investment so you will know how they think, what they emphasize on.

current false debt-free situation is very bad for the stock market in the long term but it makes everyone very positive about the market especially since they think they are pro investor after they managed to make money so "easily" from the market.

couple with GDP, LI, CI, CPI all showing bad periods ahead, I am not surprise to see speculator to lose money after the public see the real economic situation instead of the false debt-free situation.

This post has been edited by skty: Jun 26 2020, 11:09 AM

future cashflow...
future cashflow...
future cashflow...
and yet I see people are recommending BAT and Astro.

oic. time to buy from finance, properties, construction, consumer, plantation.

ya. As of last year, investor will know glove stock will be peaking this year.

But nobody would have thought of Covid19 happening and the way it push the price like this.

We are just expecting a norm 20%~30% increase in the cyclical period.

Its so crazy to see 300% capital appreciation in such a short period. Some of us even thinking of don't need to work anymore as the money earned already can achieve financial freedom.

But human is always greed. I remember to see my friend taking out all his previous earned money from the fund and re-enter again when the market was in fear last two weeks. I suppose he earn another round of crazy money again but it's just not the right way to invest. He lost his head as an investor and turned into a speculator I suppose.

As the ASP keep raising, the FPE is getting lower and lower as the time goes by. At this moment an opinion and consensus is formed by the market but I would think it's still underestimated.

Sold d lo... haha
i use this thread as a good measures.
when got many people posting here buying, i start selling.