Gold price is hammered down heavily.

Market works on the basis of buy on rumour, sell on news.

You see when gloves actual report profit 2x, 3x, share price won't move anymore, because it moves way early.

Gloves, PPE still needed, but market bull run or bull frenzy for healthcare may be cooling down across.

It doesn't work.

The really work is buy on rumour, sell on news.

You see now rumour vaccine, that all share price react to the rumour.

The news, gloves reported 2x 3x profit, share going down.

TG still has hope, as result not yet out.

Rebound already, can start the engine x2.
Frenzy coming again?

This morning gold price was below 1890, now 1940, everywhere big swing, this market really not for weak heart one.

Gold price turns green.
What a day.

Now need to FIFO, the day after tomorrow also don't know what happens.

Don't be greedy.

Almost everyone agreed current explosive profit margin for glove is not sustainable.

But no analysts tell us when to sell, keep on raising TP only, buy continue buy buy non-stop?

When profit going down, share price won't go down?

Someone said today merry go round only. LOL

No fast and furios.

Just read thedge news, property developer also venture into glove industry.

Gloves will still an essential item, even post pandemic, rest assure, those established glove stocks that are constantly making profit (even before covid), will not fall like penny stock, worthless etc.

Just profit won't as good when ASP drops, which should be about a year away from now when pandemic subsides and production ramping up.

Vaccine is to prevent people getting infected and break the chain.
Virus, once everyone had it, and those not had it has been vaccinated and got antibody, then for short term, the person won't be infected and won't become a carrier.

Once there is less and less carrier, then the chain can break.
Just like SARS, the chain is broken and disappear after months, due to effort to quarantine those infected carrier.
Sars is easier to identify because all infected person has high fever, only then will spread. So you pick up all those fever and quarantine, then can break the chain.
But Covid is much tricky, there is asympotatic patient and can spread even before having fever.

TG has some upside potential, as result not yet out.

Not look like washing play, as washing normally dipped quickly and deep one.
Currently is slow mode of dropping.

TG seems cheap now, itchy hand to buy for quick trade.

Gloves has demand story, but share price has no demand.

if gostan, also x3.

No different lah, split or no split. Number different only.

Cannot forever tuition, need to graduate once paid the tuition fee.

180 degree turns from yesterday end of the world, to today limit up rosy day.