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 STOCK MARKET DISCUSSION V150

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brokenbomb
post Jan 3 2021, 09:22 AM

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QUOTE(Barricade @ Jan 2 2021, 11:07 PM)
Just to share with you guys. My TG average price was RM9.35. Sold off everything around RM7 at mid November at a loss. Dump my sales cash into Bitcoin. Recovered all my TG loss and making profit now. biggrin.gif

Sometimes life is not all stock market. I'm glad I made that decision.
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🙏🏻💪🏻💪🏻 Lesson to all of us

Cut loss! There’s always another opportunities in the market.

SUSNew Klang
post Jan 3 2021, 10:50 AM

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QUOTE(skty @ Jan 2 2021, 02:58 PM)
not yet next working day.

sabar.  laugh.gif

the PIC might be on leave as well.
I don't think will have any significant SS anymore on glove sectors as warrants already expired and price has reached below fair value.

From what I know those back to back SBL from IB already end deal.

But I hope 3.50 magic still effective. Maybe they will create more new SBL.  brows.gif
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I follow your price with further discount of 5 sen.

3.50 is really magic, who has the means to sell down?

Maybe TG can do bonus share issue 1:1 to reduce price.
skty
post Jan 3 2021, 12:06 PM

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QUOTE(New Klang @ Jan 3 2021, 10:50 AM)
I follow your price with further discount of 5 sen.

3.50 is really magic, who has the means to sell down?

Maybe TG can do bonus share issue 1:1 to reduce price.
*
We never know for sure what the funds are planning.

Just strategies for different scenario and follow only.
theberry
post Jan 3 2021, 12:24 PM

OK!
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QUOTE(New Klang @ Jan 3 2021, 10:50 AM)
I follow your price with further discount of 5 sen.

3.50 is really magic, who has the means to sell down?

Maybe TG can do bonus share issue 1:1 to reduce price.
*
seriously for me i only think will only worsen the stock quality if they keep bonus issue, split.etc etc, the stock price not even reach RM50
>1 pcs rm 50 is better than RM1 X50
it will make the stock look like a penny/goreng/rubbish stock.

This post has been edited by theberry: Jan 3 2021, 12:25 PM
Taikor.Taikun
post Jan 3 2021, 12:46 PM

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Interesting read...
QUOTE
Glove makers in for a good run this year

Top Glove Corp Bhd chairman Tan Sri Lim Wee Chai (pic) said the demand for examination gloves is expected to double once the vaccines are ready to be deployed, noting that “examination gloves are needed to inject vaccines.”

GLOVEMAKERS are set to continue recording stronger earnings in 2021, on the back of higher average selling prices, increase in production capacity and better economies of scale.

An analyst with a local bank-backed brokerage said demand for rubber gloves will continue to be strong next year, mainly due to the impact of the Covid-19 pandemic and distribution of the vaccine across the globe.

“The surge in infections across the globe has ramped up demand for rubber gloves.

“The gradual availability of vaccines is also anticipated to boost demand for gloves, ” he said.

https://www.klsescreener.com/v2/news/view/7...d-run-this-year
This post has been edited by Taikor.Taikun: Jan 3 2021, 12:48 PM
skty
post Jan 3 2021, 01:15 PM

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QUOTE(Taikor.Taikun @ Jan 3 2021, 12:46 PM)
Interesting read...
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nothing new.

there is a lot of news published regarding foreign countries vaccine progress.

in the articles, many photos of the injection process are published together.

we can see some are wearing gloves, some are not.

majority (around 90%) of the articles that I came across show them wearing gloves.

this will not change anything to the glove stock.

just be patience if you plan to hold gloves stock.

short term price up or down is depends on the funds.

once they collect enough, they will push.
SUSlowya
post Jan 3 2021, 02:10 PM

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“examination gloves are needed to inject vaccines.”

well if the vaccine really works to prevent transmission, why do you still need glove?

and if it doesn't prevent transmission, why do you even need vaccine?
MedElite23
post Jan 3 2021, 02:25 PM

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QUOTE(lowya @ Jan 3 2021, 02:10 PM)
“examination gloves are needed to inject vaccines.”

well if the vaccine really works to prevent transmission, why do you still need glove?

and if it doesn't prevent transmission, why do you even need vaccine?
*
To be fair,I think the saying of “need to wear glove when giving vaccination” is redundant. In general, any clinical procedures require medical personnel to put on gloves for hygiene purpose. Depending on hospital/department regulation, one can opt whether to put on gloves or not to, of course sterile procedures would mandate having them put on.

That’s why when you see photos of vaccines being given, some medics have their gloves on some don’t. I facepalm whenever I see ppl comment “see they are not using glove when giving vaccines,so gloves are not needed when giving vaccines.” That’s what I called being ignorant. doh.gif

Ultimately,it doesn’t change the fact that glove demand will go up in tandem with rising demand for clinics procedures,that of course includes vaccination. It’s not only gloves,but that includes syringes, needles, sharp bins, masks, ppe, aprons, trash bags etc. they’re there, it’s up to the medics to decide whether to use them or not.

This post has been edited by MedElite23: Jan 3 2021, 02:32 PM
MedElite23
post Jan 3 2021, 02:28 PM

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Ops double posted.

This post has been edited by MedElite23: Jan 3 2021, 02:28 PM
SUSNew Klang
post Jan 3 2021, 02:32 PM

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QUOTE(theberry @ Jan 3 2021, 12:24 PM)
seriously for me i only think will only worsen the stock quality if they keep bonus issue, split.etc etc, the stock price not even reach RM50
>1 pcs rm 50 is better than RM1 X50
it will make the stock look like a penny/goreng/rubbish stock.
*
Means 1x rm50 is more valuable than 50x rm1.

Ok.
zstan
post Jan 3 2021, 03:17 PM

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QUOTE(Barricade @ Jan 2 2021, 11:07 PM)
Just to share with you guys. My TG average price was RM9.35. Sold off everything around RM7 at mid November at a loss. Dump my sales cash into Bitcoin. Recovered all my TG loss and making profit now. biggrin.gif

Sometimes life is not all stock market. I'm glad I made that decision.
*
big balls. only if you can afford to lose everything then you can bet like this laugh.gif or just really big balls
hellkvr
post Jan 3 2021, 03:28 PM

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ybs macam cun tomorrow, lets see if btst happend
icemanfx
post Jan 3 2021, 06:45 PM

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when Covid-19 hit, many jumped on the mask-making bandwagon. Where are they now?

https://www.scmp.com/news/hong-kong/hong-ko...vid-19-hit-many

Face masks usage remain many times higher than before.

Believe similar will happen to gloves.

Krv23490
post Jan 3 2021, 08:48 PM

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QUOTE(MedElite23 @ Jan 3 2021, 02:25 PM)
To be fair,I think the saying of “need to wear glove when giving vaccination” is redundant. In general, any clinical procedures require medical personnel to put on gloves for hygiene purpose. Depending on hospital/department regulation, one can opt whether to put on gloves or not to, of course sterile procedures would mandate having them put on.

That’s why when you see photos of vaccines being given, some medics have their gloves on some don’t. I facepalm whenever I see ppl comment “see they are not using glove when giving vaccines,so gloves are not needed when giving vaccines.” That’s what I called being ignorant. doh.gif

Ultimately,it doesn’t change the fact that glove demand will go up in tandem with rising demand for clinics procedures,that of course includes vaccination. It’s not only gloves,but that includes syringes, needles, sharp bins, masks, ppe, aprons, trash bags etc. they’re there, it’s up to the medics to decide whether to use them or not.
*
correct.. known fact usage will increase... market priced in already or not ?
ry8128
post Jan 3 2021, 09:33 PM

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Welcome back everyone from holidays guys! Tmr will be the first trading day of 2021!

Hope you guys had positioned yourself during Dec to grab some bargain stocks and wait to reap the rewards soon. Happy trading everyone thumbup.gif
theberry
post Jan 3 2021, 10:01 PM

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QUOTE(New Klang @ Jan 3 2021, 02:32 PM)
Means 1x rm50 is more valuable than 50x rm1.

Ok.
*
no think like this way la, like u holding a bank card. u notice the bank card got gold, plati, world bla bla title like dat?
like u got world card and u have the exclusive right to your world class spa room and suddenly u see gold level punya people walk in . u feel happy or not?

same to stock la, we, the investor dun want to see any hanky panky all these bonus, split bla bla bla la. If less than rm50/100 also want split, then the shares will become affordable and accessible to everyone. i hope you get me.

This post has been edited by theberry: Jan 3 2021, 10:12 PM
xander
post Jan 3 2021, 10:37 PM

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i see the last 10 pages mostly talking abt Gloves.

what happened to steel counter? no1 talking abt them? or it was earlierr since already rocket
andrekua2
post Jan 3 2021, 10:47 PM

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QUOTE(xander @ Jan 3 2021, 10:37 PM)
i see the last 10 pages mostly talking abt Gloves.

what happened to steel counter? no1 talking abt them? or it was earlierr since already rocket
*
Steel prices always increase during this period of time especially it's winter aka shorter working hours in China plus month long lunar new year. However this year increase is much higher than those years. Margin will be a lot better but future purchases also will cost more.
howyoulikethat
post Jan 3 2021, 10:52 PM

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Since there is so much rain now, beginning of 2021 seems to promise a lot of "water"/wealth. wink.gif
SUSNew Klang
post Jan 3 2021, 11:04 PM

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QUOTE(theberry @ Jan 3 2021, 10:01 PM)
no think like this way la, like u holding a bank card. u notice the bank card got gold, plati, world bla bla title like dat?
like u got world card and u have the exclusive right to your world class spa room and suddenly u see gold level punya people walk in . u feel happy or not?

same to stock la, we, the investor dun want to see any hanky panky all these bonus, split bla bla bla la. If less than rm50/100 also want split, then the shares will become affordable and accessible to everyone. i hope you get me.
*
I never treat any stock with special love, it is only for trading.

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