LOL.

Okay. This is why I have in mind.

We now have a couple research houses using 2022 numbers already.

Now we have a table from TG showing the 2022 estimates. Now assuming they use TA research valuation based on 17x22 numbers... I thought it would be interesting to see what the TPs would like if all research houses starts using 2022 numbers.

Took profit on all recovery stocks yesterday, albeit lower than their peak, awaiting for next announcement from gov. Thankful that I have hedged my portfolio with glove big brother. But big brother lagging behind superman!

I think people have underestimated the virus, and overestimated the practical on the ground impact of vaccines and competency of our gov. Time will tell.

You know all the risk already, so if you start to buy glove i will sure follow you. Remember to tip me ah, i try to TA trading but all not really good result.

I believe this year glove big 4 confirm all single digit P/E report card if their share price stay like this, some could go lower than 5.

To be fair, its not that they underestimated it. Its just that they are being misled by media and those with motives behind to believe the virus will be over soon.

WHO even had came out a statement last month that it will take longer than 4 years for world vaccination to complete, but in malaysia, many ppl believe full vaccination will take place within these few months. Some even think the doses that we will get next 2 months is enough for whole nation.

superman didn't get hit by factory closures, bad press and RSS like bigbro.

spmx used to be >rm1 higher than tg for a long time.... maybe it will again!

Short may be covering when price rise.

That's why don't need to fear about short.
They need to cover at certain time.

that's what happens when politicians+media takesover the job of scientists/experts on the subject.

over optimism that all will be back to normal too soon.

Let the price go up higher first, next. Monday short again

Trump say it will be gone magically by summer

I believe him, my hope is summer 2021.

But actual data will show it is gonna spiral out of control, till probably slowly being tamed starting 2022

The spiral up now is expected, cos its winter season.

I hope it will start to reduce after feb or at least back to its original baseline before winter, and slowly taping off, hopefully. Else all of us gonna be in big trouble. I cant imagine whats the impact if this covid continue to spike up.

now wait after lunch round 2...

see glove potong steam or fly....

got. I already say don't need to worry about RSS ma...

those are good catalyst for price surge...

there is no one can manipulate the price forever... no one can fight against free market... not even government...

you can see those who can calculate the value of the business, will start coming in already as the margin of safety has surfaced.

bare in mind there is only 4% quota for RSS. How long can they keep doing RSS before they concede to losses?

there is no way to see they reduce the SS. We can only see it when SS happen.

this need to have experience to see the way they do SS. Foreign and local fund managers big difference.

Hello uncle, I’m still holding tight tight with both ears closed to filter out the noises haha.. maybe some of us are talking less about it now because we’re tired of justifying our investment decision,time will tell if we’ve made the right decision, at the end we either earn money or learn experience

On the side note, it does suck to see the division between glove holders vs glove haters vs side liners. I mean..if you don’t buy the story you don’t have to rub salt on ppl’s wound, apparently that’s what some people like to do..deriving joy from seeing ppl lose money

LOL.

I show in a bit...

rain on gloves counter finished?

judging on the 2nd liner performance, anticipation of a rally for gloves counter is to be seen

bull trap or a new wave coming?

Country gdp is unlikely to return 2019 level until next year. bursa is currently largely detached from the economic reality.

This post has been edited by icemanfx: Jan 8 2021, 12:50 PM

Devaluation of MYR can artificially mask up KLSE KLCI index.

the downside risk the Malaysia Government Bond will be going into the real junkyard

if you look at the data published before Covid-19 happen, Feb has the most death due to flu, March also got huge amount of death.

this year with the Covid-19 and scarcity of hospital bed vacancy, really feel worried for them.

hopefully vaccine can do miracle instead of just giving HOPE.

Biden administration has a huge task ahead.

god bless America.

congrats to glove holders...

MYR devaluation will likely lead to consumer price inflation.