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 STOCK MARKET DISCUSSION V150

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jonathanchee315
post Oct 20 2020, 03:27 PM

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QUOTE(B@rt @ Oct 20 2020, 03:26 PM)
slow down a bit adi... these retailers so easily spooked heh...
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Yes just wash abit then all scared. retailer no holding power is scary. Now all up back
jonathanchee315
post Oct 21 2020, 10:52 AM

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So fast rebounded already, congrats those who sapu hahaa
jonathanchee315
post Oct 21 2020, 11:07 AM

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Dun worry la , just a little bit of drop and its supporting well , some got rebounded abit already from lowest point. Good for collection, those weak retailer cannot hold then better sell.

From fundamental standpoint it is perfectly good to go and top up .
jonathanchee315
post Oct 21 2020, 11:47 AM

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Suddenly all up so fast, retailer that cut loss sure flip table haha
jonathanchee315
post Oct 21 2020, 12:07 PM

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all glove are experiencing V shape recovery, congrats !! haha .
jonathanchee315
post Oct 21 2020, 12:08 PM

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QUOTE(Bendan520 @ Oct 21 2020, 12:07 PM)
now price rebound, trapping beginner retailers.. then later afternoon session shoud be second plunge.
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We shall see in the afternoon, saw your post you had cut loss early. If you stick to fundamental and own strategy, you won't went wrong.
jonathanchee315
post Oct 21 2020, 12:10 PM

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QUOTE(AVFAN @ Oct 21 2020, 12:07 PM)
i see no change in the fundamentals; qr PATs still record nos.

only player emotions.

not selling. tongue.gif
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+1 bro , carepls almost green now. If stick with own strategy and fundamental it wont goes wrong. Those that cut maybe need reevaluate own strategy.
jonathanchee315
post Oct 21 2020, 12:57 PM

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https://www.thestar.com.my/business/busines...n-added-to-klci

Seems like good news for glove. The prediction on ASP and demand looking good.
jonathanchee315
post Oct 21 2020, 04:07 PM

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QUOTE(Duckies @ Oct 21 2020, 03:45 PM)
Where are those people that comes out and say glove bubble over. I told you so?
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Me !!! I dun see anything wrong but just overall economy or market down. Even bank is not perfoming.

Its a good chance to top up , but if you expecting another 50% drop, then i can suggest you slowly wait till next year or 2021. cool2.gif
jonathanchee315
post Oct 21 2020, 04:14 PM

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QUOTE(Vanguard 2015 @ Oct 21 2020, 04:12 PM)
Waterfall for glove stocks started. All red. How low can it go?

FOMO? Go in now and start buying in batches?

Or wait until tomorrow to see if the waterfall continues until the end of the week?

What is your plan, comrades?
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If u notice a few glove counter patterns, it is controlled by some party i believe. It is down then V shape then flat then down, now going rebound again.

I guess it wont go lower already. It is not going to be like august timing. Where the first batch all throw cause vaccine and all , now vaccine news is over play but daily cases and demand is real.
jonathanchee315
post Oct 21 2020, 05:45 PM

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https://newswav.com/A2010_PTxDca?s=A_vzzlSFX

so no show for anwar, political is stable for now. haha, i guess only uncertainty is US election , but i think effect is minimal.
jonathanchee315
post Oct 21 2020, 06:04 PM

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QUOTE(anakMY @ Oct 21 2020, 06:03 PM)
Welcome to bursa. How long hv u been trading? Be patient. U haven’t experienced the previous drop man, this is consider kicimiao already.
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Yes some of mine, is -50% but now recovered alot and some even green now. I would say stick to your own strategy and really rely on the fundamentals. It wont goes wrong.
jonathanchee315
post Oct 22 2020, 09:59 AM

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https://www.cnbc.com/2020/10/21/astrazeneca...study-dies.html

https://www.bernama.com/en/business/news.php?id=1892159


Glove in KLCI weightage heavier and vaccine gg . I think glove is in good position.
jonathanchee315
post Oct 23 2020, 04:20 PM

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https://www.thestar.com.my/news/nation/2020...-to-be-declared

Just political move stop saje to prevent election in sabah, life still goes on. Now glove buying power all back din drop much. Hahaha
jonathanchee315
post Oct 23 2020, 04:44 PM

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QUOTE(ben3003 @ Oct 23 2020, 04:24 PM)
mana u see buying power all back? i see keep hitting today low oh. thats why, so fuking political. is prevent his budget kena tendang la.
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I seeing green adi and baru drop 3-4%. Dun worry la , external factor wont cause much problem now already. Worldwide economy still jalan, if your counter is heavily political link then not same story liao.
jonathanchee315
post Oct 30 2020, 03:32 PM

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QUOTE(ry8128 @ Oct 30 2020, 03:27 PM)
Surprisingly gloves able to maintain their price, lol.
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I guess investor is more smart now, other than like last time all panic selling.

There is literally no other industry can give you record earning other than glove and healthcare now. I dun think glove will experience a melt down like last time again.

Fundamental still very much intact.
jonathanchee315
post Oct 30 2020, 03:47 PM

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QUOTE(AVFAN @ Oct 30 2020, 03:40 PM)
today, cheap sale is not with gloves but with banks, tenaga.

but market sentiment is poor... so, nothing is good.

gloves, just hold, no problem. biggrin.gif
US futures -500.
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Agree , glove rebound damm fast to my surprise. Some near to green liao
jonathanchee315
post Nov 3 2020, 02:20 PM

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QUOTE(B@rt @ Nov 3 2020, 02:17 PM)
I think you too pessimistic adi... instead I think:

Biden win + No OPR cut + No windfall tax = buy low sell high, ie before FF comes in
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Exactly what I think , he always hope for cheap glove though and will always keep wait only. tongue.gif

Biden win = healthcare and glove rise

No OPR cut = multiple report hint that no OPR cutting

Windfall tax = previously government already mention no windfall tax but things might change though.


So I quite agree with u hahha


jonathanchee315
post Nov 4 2020, 09:48 AM

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QUOTE(AVFAN @ Nov 3 2020, 09:11 PM)
WARNING: those who firmly believe gloves prices will fall v soon and/or glove stock prices will become cheapo, please do not read below article. tongue.gif
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Many people are still waiting glove to crash and cheap glove .

But the truth is it will never happen in a year or so. So keep on waiting when we reap profit for our patience hahaa rclxm9.gif
jonathanchee315
post Nov 4 2020, 11:12 AM

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QUOTE(skty @ Nov 4 2020, 11:01 AM)
so confident the market sentiment will follow what you want and keep on all the way up laugh.gif  doh.gif

all the best.  thumbup.gif
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I am not confidence on market sentiment bro, just that i am a long term investor. I dun do contra or shift my portfolio every 1month or few weeks.

And for this fundamental always wins, and historically it also proven.

I had been investing glove since MCO and din not chicken out when the crash happen in September and even the recent one. Instead topping up and so far I am reaping my profit from my patience and strategy.

No right or wrong on what strategy or whats your take . But for me fundamental will always prevail regardless what happen.

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